What Account Types and Fees Does Fake Exness Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliance with Islamic finance principles |
Available for eligible traders |
| Demo Account |
All trader levels |
Practice trading without risk |
Ideal for testing strategies |
Account Opening Process
To open an account with Fake Exness, users must follow a straightforward process. First, traders need to submit personal information, including their name, email address, and phone number. Next, employment information is required, alongside financial details to assess the trading profile. To complete the registration, identity verification is necessary, which includes providing a government-issued ID and proof of address. Traders have the flexibility to upgrade their accounts later, such as moving from a Retail to a Professional Account, depending on their trading experience and volume.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.8 |
$0 |
Tight spreads for majors |
| Forex (Minor Pairs) |
Varies |
$0 |
Wider spreads |
| CFDs (Stocks) |
Varies |
$0 |
Commission based on trading conditions |
| CFDs (Indices) |
Varies |
$0 |
Competitive pricing |
| CFDs (Commodities) |
Varies |
$0 |
Includes gold and oil |
| Cryptos (BTC/USD) |
Varies |
Variable |
Dependent on market conditions |
Other Fees
In addition to trading fees, traders should be aware of other potential costs when using Fake Exness. These may include deposit and withdrawal fees, which can vary based on the chosen payment method. An inactivity fee may apply if the account remains dormant for an extended period. Additionally, platform usage fees are not specified, but overnight interest (swap rates) may be applicable for positions held overnight. Currency conversion fees may also be incurred for transactions involving different currencies.
