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Summary of trading conditions - Exness Standard Account
Who should use the Standard Cent Account?
The Standard Cent account is an account type suitable for novice traders as it allows them to trade smaller volumes in smaller trading units (cents). This account offers the smallest available trading volume and is ideal for testing your trading strategies.
Key Features of the Standard Cent Account
- The only account type that uses cents (more below).
- Stable spreads, reliable execution, and no trading commissions.
- The order will be executed at the market price (no requotes).
- Up to 36 currency pairs are available for trading.
Open EXNESS’s Standard Account
Trading condition of Exness’s Standard Cent account
Below is the full list of details for the Standard Cent account:
Minimum Initial Deposit | Depends on the payment system |
---|---|
Maximum Leverage | 1:Unlimited |
Execution type | Market Execution |
Account currencies | USC, EUC, GBC, CHC, AUC, CAC |
Hedged Margin | 0% |
Trading instruments | Forex and Metals |
Margin Call | 60% |
Stop Out | 0% |
Trading Platforms | MT4 |
Trading Commission | No commission charged |
Swap Free Accounts (For Muslim countries) | Available |
Demo accounts | Unavailable |
**Stop Loss is set to 100% during the daily rest time of the stock. For more details, check out our detailed article on stocks.
Read also About Exness’s order execution model, types and conditions here.
What is a breakup?
The Standard Cent Account is a unique account type from Exness, the only account type that measures trading volume in cents (1 cent = 100,000 cents or $1,000), unlike other Standard and Professional accounts that Lot (1 lot) to measure volume = 100 000 units of base currency).
A minimum trading volume of 0.01 cents (1000 cents or $10) ensures that the Standard Cent account is ideal for practicing trading or testing your trading strategy with less risk.
Note that account balances are reflected in cents or any other available currency for cents; therefore, if you deposit $5, your account balance will show USC 500 (500 cents) instead of $5.
Open EXNESS’s Standard Account
In which countries is the Standard Cent account available?
Standard Cent Accounts are available in:
Latin: Argentina, Bolivia Plurinational State, Brazil, Bolivarian Republic of Venezuela, Guyana, Colombia, Paraguay, Peru, Suriname, Uruguay, French Guiana, Chile, Ecuador, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, U.S. Virgin Islands, Haiti, Guadeloupe, Guatemala, Honduras, Grenada, Dominica, Dominican Republic, Cayman Islands, Costa Rica, Cuba, Martinique, Mexico, Montserrat, Nicaragua, Panama, Puerto Rico, El Salvador, Saint Kitts and Nevis, Saint Lucia, Turks and Caicos Islands, Trini Da and Tobago, Jamaica
Asia : Indonesia, China, Taiwan, Hong Kong, South Korea, India, Thailand, Philippines, Myanmar, Vietnam, Nepal, Bangladesh, Sri Lanka, Macau, Bhutan, Timor-Leste, Cambodia, Democratic People’s Republic of Korea , Lao People’s Democratic Republic, Maldives
Africa : Ghana, Uganda, Angola, Nigeria, Zambia, Zimbabwe, Central African Republic, South Africa, Congo, Democratic Republic of Congo, Kenya, Mauritius, Benin, Botswana, Burkina Faso, Burundi , Gabon, Gambia, Guinea, Guinea-Bissau, Djibouti, Cape Verde, Cameroon, Comoros, Côte d’Ivoire, Lesotho, Liberia, Mauritania, Madagascar, Malawi, Mali, Mozambique, Namibia, Niger, (Ascension and Tristan da Cunha) Saint Helena, Rudaón, Sao Tome and Principe, Seychelles, Senegal, Sierra Leone, United Republic of Tanzania, Togo, Chad, Eritrea, Ethiopia
Russia : Russia Federation, Georgia, Kazakhstan, Belarus, Ukraine, Estonia, Armenia, Uzbekistan, Azerbaijan, Mongolia, Turkmenistan, Kyrgyzstan, Tajikistan, Republic of Moldova
Arabic: Turkey, State of Palestine, Egypt, Libya, Lebanon, Iran, Iraq, Bahrain, Algeria, Afghanistan, Jordan, Kuwait, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Sudan, Tunisia, United Arab Emirates, Western Sahara, Yemen, Brunei Darussalam, Syrian Arab Republic