Which Exness account is better for a beginner?
Review: “I immediately replenished the standard account for $ 500, but quickly lost it. I only found out about the cent bill later.”
Exness’s response: “For novice traders, we recommend a cent account with a minimum deposit. This will allow you to practice and test strategies safely.”
Standard Account Essentials
The Standard account provides fundamental trading conditions for new traders in Pakistan. The minimum deposit requirement stands at $10 to begin trading. Trading starts from 0.01 lots with floating spreads. Market execution ensures direct order processing without requotes.
Account Comparison:
Feature | Standard | Standard Cent |
Starting Capital | $10 | $10 |
Position Size | 0.01 lots | 0.01 lots |
Order Types | All basic | All basic |
Execution | Market | Market |
Base Currency | USD/EUR/GBP | USD cents |
Standard Cent Specifications
Standard Cent accounts calculate positions in cent units for Pakistani traders. The account maintains regular trading conditions with cent-based calculations. Position sizes adjust in smaller increments for precise control. Trading volume begins at micro-lots for reduced exposure.
Cent Account Benefits
- Smaller position increments
- Cent-based calculations
- Lower capital exposure
- Precise risk control
Account Registration Process
- Select account type
- Complete registration form
- Verify identity documents
- Fund trading account
- Install trading platform
Platform Requirements:
Component | Minimum Specs |
OS | Windows 7+ |
RAM | 4GB |
CPU | 1.5GHz |
Internet | 1Mbps stable |
Initial Trading Features
Both accounts include essential market analysis tools. Technical indicators assist with market timing. Chart patterns help identify trading opportunities. Real-time quotes provide current market prices.
Basic Trading Tools
- Price charts
- Technical indicators
- Market depth
- Trading signals
Account Management Tools
Personal Area dashboard displays account statistics. Internal transfers enable fund movement. Password management ensures security. Account settings allow customization.
Trading Development Path
Standard accounts accommodate growing trading experience. Verification levels unlock additional features. Trading volume achievements enhance conditions. Support team guides development process.