Exness has a lawful presence in various parts of the world. In the UK Exness is regulated by the Financial Conduct Authority (FCA) where it functions as an Investment Firm (no retail services).
In South Africa Exness is regulated by the Financial Sector Conduct Authority (FSCA) with FSP number 51024, where it functions as a forex broker. Go to Exness global website on www.exness.com
In Kenya Exness functions 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 Smallest 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 smallest deposit means every time you want to deposit money, the amount must not be below the set smallest threshold.Exness smallest deposit depends on your account type.
For Standard Accounts, Exness smallest 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 smallest 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 Smallest Deposit in South Africa
Using the current US Dollar to South African Rand exchange rate, the smallest deposit for Exness in ZARis 189.10 ZARfor theStandard Account.The Exness smallest deposit ZAR equivalent for the Professional Account category is 9,455 ZAR.
Exness Smallest Deposit in Nigeria
Exness smallest 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 smallest deposit.
Exness Smallest Deposit in Kenya
Exness Smallest 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 smallest 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 Exness smallest deposit for copy trading is $500 using the Social Standard Account.
- The Exness smallest deposit for copy trading is $2,000 using the Social Pro Account.
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 provides more than 40 different 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 you deposit in the same currency as your account's base currency, you avoid paying currency conversion fees to Exness, which helps save costs.
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 and recommends Bank Transfer deposits and processes them in 30 minutes. The minimum deposit via bank transfer at Exness is $10.
Exness accepts Credit/Debit Cards like MasterCard and Visa. Exness also employs 3D (three domains) security when handling card payments for enhanced security. The minimum deposit via cards at Exness is $10.
Exness accepts eWallets such as Neteller, Skrill, &SticPay; and processes deposits within 30 minutes. The minimum deposit using eWallets at Exness is $10. Deposits via Neteller & Skrill at Exness are only accepted in USD & EUR.
In Kenya, Exness also accepts mobile money payments such as MPESA, Airtel Money, etc.
Exness also accepts cryptocurrency deposits, but this is unavailable in certain regions like Africa. The minimum deposit via crypto payment at Exness is $10.
Does Exness charge Deposit Fees?
No, Exness does not charge any fees when you make the 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 the cost of converting your deposit into your account's 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 ensures that your funds are not mixed with Exness operational funds. Dedicated accounts are established exclusively for client funds.
Exness doesn’t just store all client funds in one bank; they distribute the funds among different tier-1 banks to mitigate risk. This way, even if one bank encounters issues, others will still be available.
All Exness bank accounts undergo audits by Deloitte.
Exness has a policy of ensuring that their operational bank account holds more funds than the total client funds in segregated accounts. This is because the assets at Exness must always exceed liabilities.
See below an excerpt from Exness 2022 financial report available on the Exness Website:
How do I deposit into Exness?
If you are using the Exness Trade Mobile App, log in to the app, click on deposit, and select a payment method. A one-time password (OTP) will be generated and sent to your mobile number for confirmation.
If you are trading with the Exness MT4 or MT5 platform, you should visit the Exness website, sign in, and navigate to your Exness Personal Area, where you can click on deposit.
How can I get Exness assistance if my deposit has issues?
As Exness customer support teams are available online 24/7, including weekends, you can reach out to 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 broker for forex & CFD trading that is regulated by multiple authorities. You can trade forex, Indices, Stocks, Commodities, & Cryptocurrency using Exness platforms like their mobile app, Web Trader, or MT4/5 with leverage that allows you to borrow funds up to 2,000 times your account balance.
What is the minimum deposit for Exness?
The minimum deposit for Exness is $10
Can I trade with $10 on Exness?
Yes, you can. The smallest lot size on Exness is 0.01 of a standard lot, which equals 1,000 units of the instrument you are trading.
The most exchanged instrument is the EUR/USD currency pair with an exchange rate of about 1.0785, so 1,000 units would cost $1,078.5. However, with an Exness leverage of 1:2000, you only need to deposit an initial margin of $0.5.
However, you should have extra funds available in case Exness requests more money due to potential losses almost reaching or exceeding your initial $10 deposit.
What is Exness trade App?
Exness Trade is a mobile trading app created by Exness, which also allows you to make deposits.
How do I deposit on Exness?
You can use the Exness Trade Mobile App, or log in to your Exness Personal Area on the Exness website to make deposits. Once logged in, simply click on deposits & choose 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 rejected 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)
Exness has a legal presence in different parts of the world. In the United Kingdom Exness is regulated by the Financial Conduct Authority (FCA) where it operates as an Investment Firm (no retail services). In South Africa Exness is regulated by the Financial Sector Conduct Authority (FSCA) with FSP number 51024, where it operates as […]
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)