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What is Exness Demo Account? How to Distinguish

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4.9/5

4.9/5

What is Exness Demo Account? How to Distinguish

Exness Demo Account will definitely be a necessary account type for new traders entering the Forex world. So what is an Exness Demo? What advantages do they bring to investors? If you are having questions like the above. Let’s learn and evaluate this account type with EX Trading in the article below.

What is Exness Demo Account?

Exness Demo Account is a type of demo account for traders
Exness Demo Account is a type of demo account for traders

Exness Demo is an account type provided by the Exness forex trading platform. Launched with the purpose of helping users refer to and evaluate different types of accounts. At the same time, it gives you the opportunity to practice. Develop additional skills in research, analysis, and management. When you open an Exness Demo Account , you will be given a symbolic amount of virtual money. Thanks to that, traders can participate in profitable trading and investment activities without having to invest capital.

Note: This amount cannot be withdrawn or deposited. (Because virtual currency is symbolic)

Types of Exness Demo Accounts 

There are 4 types of demo accounts at Exness
There are 4 types of demo accounts at Exness

To help traders have the most objective assessment and view of account types. As well as understanding how Exness works. Exness has provided a variety of Demo accounts with many incentives for users. So what types of Demo accounts does Exness have? Currently, on the Exness system, there are 4 types of Exness  accounts, including:

  • Standard 
  • Zero 
  • Raw Spread
  • Pro 

Depends on each need and investment purpose. But you can choose to suit yourself.

See more: The most detailed overview of the Broker Exness

What are the advantages of an Exness Demo account?

Some advantages of the Exness Demo Account
Some advantages of the Exness Demo Account

It can be said that the Exness Demo Account is a great choice for those who want to start investing in Exness. It is “Experience” that will give you understanding and useful experience in the Forex market. Not only that, but this type of account also possesses many other outstanding tools and advantages, especially:

1. Financial risk is “0”

As mentioned above, when creating an Exness account. You will be given some virtual money, for the purpose of participating in investment activities. So when practicing and implementing campaigns, users will not have to fear about financial risks. In particular, it also helps you accumulate a lot of experience before diving into the Forex market while still ensuring capital safety. Furthermore, when using a Demo account, you will be allowed to choose the amount to start trading.

2. Provides a realistic version of the trading environment

Although it is only a type of Exness Demo Account, you can still participate in a real trading environment. It can be said that this is one of the most outstanding advantages of this type of account. Because it provides a full range of tools, features, trading sessions, and market data. Thanks to that, new traders can get acquainted and practice their own skills. At the same time, it helps you expand your understanding of how the Exness platform in particular, as well as the Forex market in general, works.

3. Easier to choose and give reviews 

Through experiences at these trading floors, it will be easier for you to make assessments. Because everyone can explore the tools and features of the system. Therefore, the compiled assessments will have the most objective and comprehensive view of Exness Asia’s operations. Thereby, traders can determine their style and choose an account type that suits their needs and investment goals.

4. Experiment with trading strategies

The Exness account also has an outstanding advantage: it allows users to experiment with trading strategies. Under market conditions and time similar to reality. At the same time, tools and reporting data will help you build a strategy that is as appropriate and effective as possible. 

Through the above 4 advantages of the Exness Demo, everyone will surely find the answer to the question: “Should I choose an Exness Demo account or not?”. After a period of experience, when you have enough experience in the Forex market, you can switch to a real account. To start accompanying and making money with Exness. However, there is also a note for Exness Demo accounts. That is, after a period of 21 days of inactivity, the Demo account will expire if not used regularly by the user.

See more: Open Exness Account: Latest guide for new traders

Instructions for opening an Exness Demo Account are super simple

Grasp the psychology of new users entering the foreign exchange trading market. There are still many difficulties in manipulating and understanding Forex terminology. Therefore, Exness has optimized the steps to open a Demo account in the simplest and fastest way. To own this type of account, you only need to follow the 5 basic steps below:

Step 1: Visit Exness’s main website

Visit the main Exness website
Visit the main Exness website

To start the operations of opening an Exness Demo account. You need to visit the home page of the Exness website. In the upper right corner of the screen, select “Open Account”. If you already have an Exness account, select “Sign in” and log in.

Step 2: Fill in the registration information

Fill in Exness registration information
Fill in Exness registration information

After choosing to open an account. The screen interface will change and ask you to fill in the registration information as shown below. This includes Country, Email, Password… Once you have completed the request, click “Continue”.

Step 3: Verify Email

After only 1-2 seconds of receiving and processing information. The system will send a confirmation code via the email address you provided. Your job is to click on that link to proceed with verification.

Step 4: Create an Exness Demo account

Log in to your Exness Demo account
Log in to your Exness Demo account

Through the 3 steps above, you can open a trading account on Exness. After accessing “Personal Area”. In the “My Account” section, select “Demo” to convert to a test account.

So you can start participating in activities. At the same time, use Exness features without fear of financial loss. 

Distinguish between the Real account and the Exness Demo account

With the purpose of helping readers better understand the difference between two types of Exness accounts: Real and Demo Exness. In the information below, EX Trading will provide you with information. How to differentiate between these two types of accounts.

Differences between Real and Demo Exness accounts
Differences between Real and Demo Exness accounts
  • The biggest difference between Real and Demo Exness accounts of Exness IB as well as traders. When you use a real account, you will be trading with real money. As for the Exness Demo account, it is only symbolic money.
  • Demo accounts are available to users of all account types. Only with the exception of Standard Cent Exness accounts there is no Demo version.

General assessment Exness Account is one of the extremely useful services for traders. It not only helps you practice your skills but also accumulates a lot of real combat experience. Hopefully, the above sharing helps readers better understand this type of account. As well as how to register and use an account.

How to open a demo account on Exness?

To open a Demo account on Exness, you simply need to register on their website and select the “Demo Account” option during the registration process. You can then use this account to trade with virtual currencies to get a grasp of how the platform works.

How long can I use the Exness account?

Exness Demo usually have an unlimited term. You can use it to focus and improve your trading skills without worrying about your account being closed after a fixed period of time.

Can I switch from a Demo account to a real account (Live Account) on Exness?

Yes, you can switch from a Demo account to a real account at any time. To do this, you just need to go through the verification process of your account and fund your Live account to start trading with real money.

FAQ

Mrs. Anne

Mrs. Anne

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Không. Exness là một trong những sàn Forex uy tín nhất hiện nay. Exness được cấp phép và quản lý bởi các cơ quan quản lý quốc tế hàng đầu như FSA, CBCS, FSC, FSCA, CySEC, FCA, CMA. Các cơ quan này sẽ chịu trách nhiệm quản lý và giám sát hoạt động của Exness. Bảo đảm tính minh bạch và an toàn tài chính.

Exness là một trong những sàn Forex uy tín và được ưu chuộng nhất hiện nay. Exness được thành lập năm 2008, có trụ sở chính tại: Số 1, Đường Siafi, Tòa nhà Porto Bello, Văn phòng 401 Thành phố Limassol, cộng hoà Séc – đất nước tập trung nhiều công ty tài chính lớn nhất thế giới. Exness được biết đến nhờ khả năng khớp lệnh nhanh chóng, an toàn, lịch sử giá minh bạch.

Mức nạp tiền tối thiểu của sàn Exness sẽ tùy thuộc vào mỗi loại tài khoản. Với tài khoản tiêu chuẩn, số tiền nạp tối thiểu phụ thuộc vào từng phương thức thanh toán, nhưng thông thường là 10$. Với tài khoản chuyên nghiệp, tiền nạp tối thiểu là 200$.

Sàn Exness áp dụng cơ chế rút tiền tự động nên việc xét duyệt và rút tiền cũng nhanh hơn các sàn khác. Hầu hết các giao dịch rút tiền tại sàn Exness đều được xử lý trong vài giây và bạn hoàn toàn có thể rút tiền vào cuối tuần.

Thời gian rút tiền Exness cụ thể như sau:

  • Rút tiền qua ví điện tử Skill, Neteller, Tether, USD Coin: thời gian xử lý tức thì.
  • Rút tiền qua Internet Banking, ngân lượng: trong vòng 24 giờ.

Bạn sẽ không nạp được tiền từ sàn Exness vì một trong các lỗi sau:

  • Tài khoản Exness chưa được xác minh
  • Nạp chưa đáp ứng đủ số tiền nạp tối thiểu.
  • Phương thức thanh toán giới hạn khoản tiền bạn nạp vào.
  • Phương thức thanh toán không hỗ trợ hoặc không khả dụng ở khu vực bạn sinh sống..

Bạn sẽ không rút được tiền từ sàn Exness vì một trong các lỗi sau:

  • Lỗi hệ thống đang bảo trì
  • Không đủ số tiền rút tối thiểu
  • Nạp và rút tiền không cùng phương thức
  • Tài khoản nhận tiền bị khóa
  • Thực hiện hai lệnh rút tiền cùng lúc….

Để giao dịch trên sàn Exness, bạn cần thực hiện theo các bước sau đây:

  • Bước 1: Đăng ký tài khoản Exness.
  • Bước 2: Nạp tiền vào tài khoản.
  • Bước 3: Đăng nhập tài khoản trên MT4/MT5
  • Bước 4: Tiến hành giao dịch.

     Advantages of Exness

  • Year of establishment: 2008
  • License: FSA, CySEC, FCA, FSC, FSCA, CBCS
  • Low commission fees
  • Leverage 1: infinity
  • Fastest deposit and withdrawal

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