What is a Standard Account?

What is a Standard Account?

A Standard Account is a popular account type available on Exness that offers straightforward conditions for trading a wide range of instruments, including forex, metals, indices, energies, stocks, and cryptocurrencies.

This account type is often the starting point for those exploring CFD trading. It combines ease of access with competitive spreads and flexible leverage. Most importantly, Standard Accounts allow for market execution without commissions, where costs are built into the spread.

It’s an ideal choice for those who want access to essential trading tools without complex pricing structures.

Types of Standard Accounts

Exness offers two variations under the Standard account category:

Standard Account

The regular Standard Account is a versatile choice suitable for most traders. It supports higher volumes and allows access to all available instruments on both MT4 and MT5.

Key features include:

  • No trading commission
  • Floating spreads from 0.2 pips
  • Market execution
  • Available on both MT4 and MT5
  • Minimum deposit from 1 USD (depends on payment method)

This account type is perfect for those who already have some experience or are ready to move beyond the smallest trade sizes.

Standard Cent Account

The Standard Cent Account is mainly designed for beginners or those testing new strategies. It enables trading with cent lots, where balances and positions are displayed in cents, not dollars. This lets users trade smaller amounts and reduce their exposure.

Main features:

  • Lower risk due to smaller trade sizes
  • Floating spreads from 0.3 pips
  • Market execution
  • Available only on MT4
  • Minimum deposit from 1 USD

This account type is often used for learning and strategy testing before moving to a Standard or Pro account.

Trading Conditions on Standard Accounts

Standard Accounts on Exness are known for their transparency and competitive pricing. Here’s a quick overview of what to expect:

FeatureStandard AccountStandard Cent Account
Minimum depositFrom 1 USDFrom 1 USD
CommissionNoneNone
SpreadsFrom 0.2 pipsFrom 0.3 pips
Execution typeMarket executionMarket execution
LeverageUp to unlimitedUp to unlimited
Margin call / Stop out60% / 0%60% / 0%
Supported platformsMT4 / MT5MT4 only

These conditions allow for scalable trading across many assets with minimal barriers to entry.

Platforms Supported by Standard Accounts

Exness Standard Accounts can be accessed across multiple trading platforms, offering flexibility for different user preferences and devices.

MetaTrader 4 (MT4)

MT4 is the go-to choice for many traders using the Standard Account. It supports:

  • Trading signals and automated strategies via Expert Advisors (EAs)
  • Advanced charting with over 30 built-in indicators
  • Fast order execution and support for multiple order types
  • Compatibility with Windows, macOS, and mobile devices

MT4 is also the only platform available for the Standard Cent Account.

Open MetaTrader 4

MetaTrader 5 (MT5)

MT5 provides enhanced features compared to MT4, such as:

  • Depth of Market (DOM)
  • Integrated economic calendar
  • More timeframes and pending order types
  • Faster processing and multi-threaded strategy testing

It’s suitable for traders who require more advanced tools and access to a wider range of assets.

Open MetaTrader 5

Mobile and WebTerminal Access

Both account types can be accessed through mobile apps and the Exness WebTerminal. These options are ideal for trading on the go. The WebTerminal doesn’t require installation, and the mobile apps are available on both iOS and Android.

Open WebTerminal

How to Open a Standard Account

Opening a Standard Account on Exness is straightforward and can be completed in just a few minutes. The process is designed to be accessible, even for those with no prior trading experience.

Registration Process

Here’s a step-by-step overview:

  1. Visit the official Exness website: Navigate to the sign-up page and select your country of residence.
  2. Create your Personal Area: Enter your email address and set a secure password. This becomes your login for the Personal Area where all accounts are managed.
  3. Verify your identity: To comply with regulations and ensure account security, Exness requires ID verification and proof of residence. Upload clear documents through the secure portal.
  4. Choose a Standard Account: From the account setup options, select either Standard or Standard Cent.
  5. Select a platform and base currency: Choose between MT4 or MT5 and set your preferred currency.
  6. Fund your account: Use any supported payment method to deposit at least the minimum required amount. Some methods allow you to start with as little as 1 USD.
  7. Start trading: Once your account is funded and verified, you can begin placing orders immediately.

Accounts are typically verified within a few hours, and instant withdrawals are supported depending on the payment method used.

Registration Process

Differences Between Standard and Other Account Types

Exness offers multiple account types tailored to different trading styles. While Standard Accounts are popular for their simplicity and flexibility, others offer lower spreads or specific execution models.

Here’s how the Standard Account compares:

Standard vs Raw Spread

FeatureStandardRaw Spread
CommissionNoneFrom $3.50 per lot per side
SpreadsFrom 0.2 pipsFrom 0.0 pips
ExecutionMarketMarket
PlatformMT4 / MT5MT4 / MT5
Ideal forBeginners & general useScalping & high-volume trading

 

Standard accounts are commission-free with slightly wider spreads. Raw Spread accounts attract advanced traders seeking the lowest spreads, even with commission costs factored in.

Standard vs Zero

FeatureStandardZero
CommissionNoneFrom $0.2 to $1.0 per lot per side
SpreadsFrom 0.2 pipsZero (on selected instruments)
ExecutionMarketMarket
PlatformMT4 / MT5MT4 / MT5
Best forGeneral tradingTraders focused on specific instruments (e.g., forex majors)

 

Zero accounts provide zero spreads on top-traded assets but charge commission. They’re suitable for those who trade in large volumes or during key market sessions.

Standard vs Pro

FeatureStandardPro
CommissionNoneNone
SpreadsFrom 0.2 pipsFrom 0.1 pips
ExecutionMarketInstant
PlatformMT4 / MT5MT4 / MT5
Target userNew or casual tradersExperienced traders requiring fast execution

 

The Pro account offers tighter spreads and instant execution, which is rare in retail trading. It is often used by seasoned traders or those deploying expert advisors with precision requirements.

Frequently Asked Questions

Can I open multiple Standard Accounts?

Yes, you can create and manage multiple Standard Accounts under a single Personal Area. Each can have a different base currency or platform.

What’s the minimum deposit for Standard Accounts?

Is there a difference in trading instruments between Standard and Pro accounts?

Can I switch from a Standard to another account type later?

Does Standard Cent support all assets?

Can I use automated trading on Standard Accounts?

Are Standard Accounts available in all regions?