In South Africa Exness is regulated by the Financial Sector Conduct Authority (FSCA) with FSP number 51024, where it operates as a forex broker. Visit Exness global website on www.exness.com
In Kenya Exness operates as a Non-Dealing Forex Broker through Tadenex LTD who are regulated by the Capital Markets Authority (CMA) with license number 162. Visit Exness Kenya website on www.exness.ke
Other Exness regulators include CySEC in Cyprus, FSC in Mauritius, FSA in Seychelles, FSC in the British Virgin Islands, & The Central Bank of Curacao &Sint Maarten.
What is The Minimum Deposit for Exness?
| 📂Exness Account Type | 💵Nigeria | 💵South Africa | 💵Kenya | 💵Global |
| Cent Account | N16, 000 | R 189 | 1,333 KES | $10 |
| Standard Account | N16, 000 | R 189 | 1,333 KES | $10 |
| Pro Account | N800,000 | R 9, 455 | 66, 650 KES | $500 |
| Raw Account | N800,000 | R 9, 455 | 66, 650 KES | $500 |
| Zero Account | N800,000 | R 9, 455 | 66, 650 KES | $500 |
A minimum deposit means every time you want to deposit money, the amount must not be below the set minimum threshold.Exness minimum deposit depends on your account type.
For Standard Accounts, Exness minimum deposit is $10.
The Standard Account types consist of Cent Account & Standard Account; and they are built for new traders as they don’t offer raw spreads. Standard Account spreads start from 1.0 pip.
For Professional Accounts, the Exness minimum deposit is $500.
The Exness Professional Account line-up comprises the Pro, Raw Spread,& Zero Spread Account types; and they charge lower trading fees than Standard Accounts.
Get more information on Exness Account Types& Trading Fees by reading our Complete Exness Review.
Exness Minimum Deposit in South Africa
Using the current US Dollar to South African Rand exchange rate, the minimum deposit for Exness in ZARis 189.10 ZARfor theStandard Account.The Exness minimum deposit ZAR equivalent for the Professional Account category is 9,455 ZAR.
Exness Minimum Deposit in Nigeria
Exness minimum deposit in Nigeria is $10 around N16, 000 and with this you can open a Standard Account for trading. Exness Professional Accounts require N800, 000 minimum deposit.
Exness Minimum Deposit in Kenya
Exness Minimum Deposit in Kenya is 1,333 KES or $10 (for the Standard Account) and you can deposit through local means including MPESA.
What is the minimum deposit for Exness CopyTrading?
Social trading or copy trading on Exness is limited to only Forex, Crypto, & Metal trades and to begin you must open a Social Trading Account.
Exness offers twoCopy TradingAccount Types: Social Standard & Social Pro copy trading accounts.
The difference between the two Exness copy trading accounts is that the Social Standard charges higher spreads (from 1 pip) than the Pro Account (from 0.6 pips).
💡 For Exness Social Trading (copy trading) you need to download the Exness Social App
Does Exness offer any Bonus on Deposits?
No, Exness does not offer any deposit bonus to new traders. However, Exness has put conditions in place for cost savings such as swap-free trading (no overnight fees) on almost all their instruments.
What Account Base Currency does Exness Offer?
Exness offers over 40+ base currencies including Nigerian Naira (NGN), GhanaianCedi (GHS), Kenyan Shilling (KES), South African Rand (ZAR),Ugandan Shilling (UGX),US Cent (USC), US Dollar (USD), Canadian Dollar (CAD) etc.
When your deposit is in the same currency as your account base currency, you don’t pay currency conversion fees to Exness and this helps save cost.
What Deposit Methods does Exness Accept& the Processing Time?
- Bank Transfer
- Internet Banking & EFT
- MPESA by Safaricom
- Cards
- Mobile Money
- eWallets (PayPal is not accepted by Exness)
- Cryptocurrency
Exness accepts & recommends Bank Transfer deposits and processes them in 30 minutes. Exness minimum deposit via bank transfer is $10
Exness accepts Credit/Debit Cards such as MasterCard, & Visa. Exness also uses 3D (three domains) security when processing card payments for better security. Exness minimum deposit via Cards is $10.
Exness accepts eWallets such as Neteller, Skrill, &SticPay; and processes deposits within 30 minutes. Exness minimum deposit using eWallets is $10. Exness deposits via Neteller & Skrill are only accepted in USD & EUR.
In Kenya, Exness also accept mobile money payments such as MPESA, Airtel Money, etc.
Exness also accepts cryptocurrency deposits, but this is unavailable in certain regions like Africa. The Exness minimum deposit via crypto payment is $10.
Does Exness charge Deposit Fees?
No, Exness does not charge any fees when you make the Exness minimum deposit into your account.
| 💳 Deposit Methods | ✂Fees | ⏳ Duration |
| Online bank transfer | $0 | 30 minutes |
| Bank cards | $0 | 30 minutes |
| eWallets& Mobile Money | $0 | 30 minutes |
| Cryptocurrency | $0 | 30 minutes |
Can I Deposit in A Currency Outside my Account Base Currency?
Yes, you can but Exness will charge you a currency conversion fee as cost of converting your deposit into your account base currency.
Where Does Exness Store my Deposits?
Any funds you deposit with Exness are securely kept in segregated accounts with tier-1 banks. Segregation means that your funds are not mixed with Exness operational funds. Special accounts are crated for client funds only.
Exness doesn’t just store all client funds in one bank, they spread the funds across different tier-1 banks so that even if one bank has a problem, others will be available.
All Exness bank accounts are audited by Deloitte.
Exness has a policy of ensuring that their own bank account used for operations has more money than the summation of all client funds held in segregated accounts. The reason is Exness assets must always exceed liabilities.
Seebelow an excerpt from Exness 2022 financial report as seen on the Exness Website:
How do I deposit into Exness?
If you are using the Exness Trade Mobile App, login to the app, click on deposit, & select a payment method. AN OTP code will be generated & sent to your mobile number for confirmation.
If you are trading with the Exness MT4 or MT5 platform you need to visit the Exness website, click on sign in, then you are taken to your Exness Personal Area where you click on deposit.
How can I get Exness assistance if my deposit has issues?
Because Exness customer support groups are online 24/7 including weekends you can reach them at any time through live chat, telephone, or email. Exness also approves deposits on weekends.
FAQs – Exness Minimum Deposit
What is Exness?
Exness is a multi-regulated forex & CFD broker. You can trade forex, Indices, Stocks, Commodities, & Cryptocurrency using Exness platforms such as their mobile app, Web Trader, or MT4/5 using leverage (borrowed funds from Exness) 2,000 times your account balance.
What is the minimum deposit for Exness?
Exness minimum deposit is $10
Can I trade with $10 on Exness?
Yes, you can. The minimum lot size on Exness is 0.01 of a standard lot(meaning 1,000 units) of any instrument you are trading.
The most traded instrument is the EUR/USD currency pair with an exchange rate price of around 1.0785 meaning 1,000 units will cost $1,078.5. However, with an Exness leverage of 1:2000 you only need to put down an initial margin of $0.5.
However, you need to have standby funds in case you get a margin call from Exness asking you to deposit more funds because your losses are almost exceeding your initial deposit of $10.
What is Exness trade App?
Exness Trade is a mobile trading app developed by Exness. You can make deposits into your account from this app.
How do I deposit on Exness?
You can use the Exness Trade Mobile App, or login to your Exness Personal Area on the Exness website to make deposits. When logged in simply click on deposits & select your preferred method.
Can I deposit into Exness with a third-party account?
No, all deposits must come from your own bank account. Third-party account deposits will be declined due to Anti-money laundering laws.
How long does Exness deposit take?
Exness deposits are processed within 30 minutes.
Does Exness Accept MPESA Deposits?
Yes, Exness accepts MPESA as a deposit method.
Does Exness Accept Cryptocurrency Deposits?
Yes, Exness accepts deposits through Crypto.
Does Exness Accept PayPal?
No, Exness does not accept PayPal deposits & withdrawals.
Does Exness accept deposits through South African Banks EFT?
Yes, Exness accepts deposits from South African Banks through Electronic Fund Transfer (EFT)
