If you’re keen to explore the world of online forex trading, Exness offers a wide range of tools for investors globally. This guide is here to help you create your Exness trading account step by step.
Here’s the Step by Step Guide:
Step 1: Visit Exness Website
- Go to the official Exness website: www.exness.com using your web browser.
Step 2: Opening an Account
- Look for the “Open Account” button usually placed in the top right corner of the homepage. Clicking this button will start the account registration process.
Step 3: Provide Your Details
- You’ll land on a registration form where you’ll need to enter:
- Country: Choose Pakistan from the drop-down menu.
- Email Address: Use a valid email that you regularly check. This will be your main communication channel with Exness.
- Password: Create a strong password for your Exness account.
- Partner Code (Optional): If you have a referral code, enter it. Otherwise, leave it blank.
- After filling in your details, confirm that you’ve read and understood Exness’ terms and conditions.
- Click “Continue” to move forward.
Step 4: Verify Your Account
- Once registered, you’ll be directed to Exness Terminal, their online trading platform. However, your account won’t be fully functional yet.
- To unlock all the features and start trading, you must verify your account.
- Click on the menu icon (usually three horizontal lines) in the top right corner of the Exness Terminal and choose “Verification.”
- You’ll need to upload clear, readable, and colored scans of your passport or CNIC and a proof of address document issued in the last 3 months.
Step 5: Choose Your Account Type
- After verification, you can select your preferred trading account. Exness offers various types with different features and minimum deposit requirements:
- Standard Account: For Beginners.
- Pro Account: Tighter spreads for experienced traders.
- Zero Account: Commission-free but wider spreads.
- Raw Spread Account: The tightest spread, but with commission fees.
- Consider your experience, risk tolerance, and investment goals when selecting.
Step 6: Download the Trading Platform (Optional)
- While you can trade directly through the Exness Terminal on the web, they also offer downloadable platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for advanced trading.
- Download these platforms from the “Downloads” section on the Exness website.
Step 7: Funding Your Account
- Once you’ve chosen your account type and (if desired) downloaded a trading platform, you can fund your account.
- Exness supports various deposit methods popular in Pakistan including bank wire transfers, e-wallets like Skrill and Neteller, and credit/debit cards.
- Go to the “Deposit” section in your Exness Personal Area and follow the instructions to complete the deposit.
Step 8: Start Trading!
- After funding your account, you can explore the Exness trading platform and start trading. Remember, forex trading involves risk, so have a plan, manage your risk, and only invest in what you can afford to lose.
Additional Tips:
- Exness provides educational resources on its website. Learn the basics before investing real money.
- Consider practicing on a demo account first to get comfortable with the platform and test your strategies without risking real money.
- Stay updated with market news and analysis to make informed decisions.
By following these steps, you’ll successfully create an Exness trading account in Pakistan and begin your forex trading journey.
Conclusion
Creating an Exness trading account in Pakistan is straightforward. It involves registering, verifying, choosing an account type, and funding your account. Remember to educate yourself about forex trading and practice responsible risk management.
FAQs
Is forex trading legal in Pakistan?
Yes, it’s legal, and traders can open accounts with licensed brokers like Exness.
How much money do I need to start trading with Exness?
Exness offers different account types with varying minimum deposits. You can start with as little as $1.
Can I trade forex on my mobile phone with Exness?
Yes, they offer mobile trading platforms for iOS and Android devices.
Does Exness offer customer support in Urdu?
Yes, they provide multilingual support, including Urdu.
Is it possible to lose all my money in forex trading?
Yes, it’s possible. Trade responsibly, and only invest in what you can afford to lose.