Exness is a popular international FX broker chosen by many traders. Its low fees and user-friendly trading platforms are attractive features, but before you can start trading, you must first open an Exness account. In this article, we will provide a detailed explanation of the steps for account opening, required documents, and key points regarding the verification process. We will also share tips to ensure a smooth account setup, so make sure to read the entire guide.

1. Steps to Open an Exness Account

Opening an Exness account is designed to be simple, even for those who are new to FX trading. However, to complete the process smoothly, it’s important to understand each step clearly and proceed accurately. Here, we will explain the specific steps for opening an account in detail.

1.1 Access the Official Website and Start Open an Exness Account

First, visit the official Exness website and click the “Open Account” button. You will be directed to the registration page where you can start entering your basic information. Exness makes it easy to complete the process, whether you are using a computer or a smartphone, so choose the device that suits you best.

1.2 Register Email Address and Password

To open an exness account, you will first need to set up an email address and password. The email address is important for receiving notifications about your transactions and support-related communications, so make sure to use your regular email. Additionally, for security reasons, it is recommended to create a strong password that combines letters, numbers, and symbols.

1.3 Enter Personal Information

Next, accurately enter your personal information, including your name, date of birth, nationality, and address. The information you input must match the identity verification documents you will submit later, so be sure to double-check for any errors. Be especially cautious when entering Romanized characters, as mistakes in both Japanese and English can cause issues.

1.4 Submit Identity Verification Documents

Once your personal information is entered, you will need to submit identity verification documents. Exness follows KYC (Know Your Customer) regulations to verify the identity of traders. You will not be able to deposit funds or begin trading until this step is completed. The submission is done via online upload, and once the verification process is complete, your account will be activated.

1.5 Select Account Type and Make Initial Deposit

Exness offers multiple account types. These include the beginner-friendly “Standard Account,” the “Raw Spread Account” with narrower spreads, and the professional-level “Zero Account.” You can select the one that best fits your trading style. After deciding on your account type, choose a deposit method and make the required initial deposit. Exness offers a variety of payment options, such as bank transfers, credit cards, and e-wallets, so pick the one that works best for you.

2. Documents Required for Open an Exness Account

To complete the account opening process with Exness, you need to submit identity verification documents and proof of address documents. Once these documents are submitted and pass Exness’s review, you will be able to start trading. Below, we will explain the required documents and their details.

2.1 Identity Verification Documents (KYC)

For identity verification (KYC), you will be asked to provide documents that prove your identity. You can complete the identity verification by submitting one of the following official documents:

• Passport
• Driver’s license
• My Number card (in Japan)

The submitted document must be valid and within its expiration date. Additionally, the entire document must be clearly visible, with information such as your name and date of birth clearly readable.

2.2 Proof of Address Documents

Exness also requires proof of address to verify your country of residence. The following documents can be used for address verification:

• Bank statements
• Utility bills (electricity, water, gas, etc.)
• Resident registration certificate (in Japan)

These documents must be issued within the last three months. The document must clearly state your name and current address.

2.3 Important Points When Submitting Documents

When submitting your documents, there are a few points to keep in mind to ensure a smooth review process.

First, make sure that the image resolution is high, and that the text is clearly visible. Blurry images or documents with parts hidden may require resubmission. Especially if any corners of the document are cut off, it may not be accepted by Exness, so make sure to capture the entire document.

It’s also important to verify that the information on the documents matches what you entered during the account registration process. If there are any misspellings in the name or inconsistencies in the address (e.g., “1-2-3” versus “1 Chome 2-3”), the review process may be delayed, so check carefully.

Lastly, the review usually takes 1-2 business days, but it might take longer depending on the volume of requests. If you’re in a hurry to start trading, it’s recommended to prepare your documents early and submit them as soon as possible.

3. Points to Note During Open an Exness Account

Opening an account with Exness is relatively simple, but there are several points to keep in mind. If not properly addressed, the review process may be delayed or, in some cases, the account opening might be rejected. To ensure a smooth account opening process, here are some important points to check in advance.

3.1 Accuracy of the Information Entered

The personal information you provide during account opening must exactly match the identification documents you submit. In particular, any spelling mistakes in your name or errors in entering your date of birth may result in the application being rejected, requiring you to reapply. When Romanized characters are required, be sure to enter them correctly in comparison to the Japanese version. For addresses, differences such as “1 Chome 2 Ban 3 Go” versus “1-2-3” can cause issues, so it is important to use a consistent format.

3.2 Clarity and Appropriate Format of Documents

When uploading identity or address verification documents, the text must be clear and legible. If the document images are blurry or parts of them are hidden, Exness may not be able to complete the review and could ask for resubmission. When capturing the document, ensure that the entire document is visible in a well-lit area without shadows or reflections. If any of the corners are cut off, the document may be deemed invalid. Common file formats such as JPEG or PNG are recommended, though PDF may also be accepted in some cases.

3.3 The Review Process May Take Some Time

Typically, the review process for opening an Exness account is completed within 1 to 2 business days. However, if there is a high volume of applications or if there are deficiencies in the submitted documents, the process may take longer. During periods such as the year-end, New Year holidays, or other extended breaks, the review may be delayed. If you plan to start trading at a specific time, it is advisable to submit your application as early as possible. You can check the progress of your review via Exness’s My Page.

3.4 Possibility of Account Opening Being Rejected

The main reasons for an Exness account opening to be rejected include incomplete or inaccurate documents, errors in the submitted information, or violations of the terms and conditions. If you have previously encountered issues with Exness or have a history of fraudulent activity, you may be denied a new account. Moreover, in some countries or regions where Exness does not offer its services, account opening may be restricted based on your place of residence.

4. Things to Do After Opening an Account

Once your Exness account has been successfully opened, you can start trading immediately. However, to make the most of your account and ensure safe and efficient trading, there are several important steps you should take. Below, we will explain what you need to do after opening your account.

4.1 Setting Up the Trading Platform

Exness supports trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms offer advanced features, but MT4 is generally considered more user-friendly for beginners. First, choose the platform that best suits your trading style, then download and install it. You will need your Exness account credentials to log in.

4.2 Managing Funds and Checking Deposit Methods

To start trading, you must deposit funds into your account. Exness offers various deposit options, including bank transfers, credit cards, and e-wallets (Skrill, Neteller, etc.). While Exness does not charge deposit fees, some financial institutions may impose transaction fees, so it’s best to check in advance. Additionally, proper fund management is crucial. To minimize risk, it’s advisable to start with a small amount and gradually increase your trading capital.

4.3 Understanding Trading Rules and Risk Management

Before trading, it’s essential to understand key trading concepts such as spreads, leverage, and margin requirements. Exness offers unlimited leverage, but higher leverage also increases risk. For beginners, using lower leverage settings is recommended to manage risk effectively. Setting stop-loss and take-profit orders can also help prevent unexpected losses.

4.4 Practicing with a Demo Account

Before investing real money, it’s beneficial to practice trading using a demo account. Exness provides a demo account with real-time market data, allowing traders to experience a realistic trading environment. Practicing with a demo account helps you learn how to place orders, use technical analysis, and develop your trading strategy. Once you gain confidence, you can transition to a real trading account while managing risks carefully.

4.5 Maximizing Support and Customer Service

Exness provides Japanese-language customer support, allowing users to get assistance with account usage and trading-related inquiries. Live chat and email support are available, ensuring that any issues can be resolved quickly. The Exness official website also features an FAQ section and trading guides, making it helpful to review these resources in advance if you have any questions.

Conclusion

Open an Exness account with ease by following a few simple steps. However, ensuring accurate information entry and preparing identity verification documents are essential. By completing the process smoothly, you’ll be ready to start trading Forex. Even beginners can confidently open an Exness account using this guide as a reference!