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Exness Setup — What Is Fixed and What Is Reversible · Philippines

Two lines on the Exness sign-up form stay with the account for as long as it exists: its type and its base currency. Nearly everything else can be revisited later from the Personal Area — the platform, the device, the security method, swap-free status, even whether the account is a practice one. This page sorts the set-up into choices that stick and choices that do not.

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100+ instruments  ·  Founded 2008

Two answers on the Exness sign-up form stay with the account for as long as it exists: the account type (Standard, Standard Cent, Pro, Raw Spread or Zero) and the base currency it is funded in. Nearly everything else is reversible — the platform (MT4, MT5, the Exness Terminal or the Exness Trade app), the device, two-factor authentication, swap-free status on qualifying accounts, and practice versus live. One login holds up to 200 accounts, so a different set-up is usually a new account rather than a change to an old one.

none on Standard accountsMin deposit
355Instruments
2008Founded

Minimum deposit applicable; may vary based on payment method or geographic location.

Which choices the account keeps, and which it does not

The one line on the form that stays with the account

AccountPlatformSpread fromCommissionSuited to
StandardMT4 / MT5 / Terminalfrom 0.3 pips$0The default answer on the form — nothing about the tier has to be settled in advance
Standard CentMT4 / MT5from 0.3 pips$0Cent-sized lots are a property of the account itself, not a switch inside the terminal
ProMT4 / MT5 / Terminalfrom 0.1 pips$0Instant execution comes with the tier, so it is chosen at opening rather than toggled later
Raw SpreadMT4 / MT5 / Terminalfrom 0.0 pipsup to $3.50 / side / lotA cost model picked once: a tighter spread carried by a per-side commission
ZeroMT4 / MT5 / Terminal0.0 pips on majorsfrom $0.20 / sideAlso a cost-model answer; moving to it means a second account under the same login

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Where each decision is actually made

Also: the order the steps come in, what a single login covers, the costs that follow the tier, what can be swapped on the chart any day and gold as a worked example.

Exness setup — the short version

Exness has been running since 2008, and its sign-up form is short partly because most of it can be revisited. Two answers cannot be: the account type and the base currency, which belong to the account they were opened under. Everything after that — platform, device, two-factor method, swap-free status, practice or live — is changed from the Personal Area, and a genuinely different set-up is simply another account under the same login. Independent Exness reviews on Trustpilot are worth reading before the two irreversible answers, not after. CFDs carry a high risk of losing money — confirm the latest terms before depositing.

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The two answers the account keeps

The base currency is settled on the sign-up form, from the list Exness shows there, and every figure on that account is read in it afterwards. Money arriving in a different currency is converted on the way in, which is why the currency line is worth a moment of thought and the platform line is not.

The tier is the second answer of that kind. It decides how the cost of a trade is put together — spread only, or a tighter spread plus a commission per side — and it sits in the account record rather than in the terminal, so no menu inside MT4 or MT5 reaches it.

Neither answer is a trap, because neither is exclusive. One login covers up to 100 MT4 and 100 MT5 accounts, 200 in total, and the Exness Trade app moves between them. Trading a second currency or a second cost model means opening a second account, not undoing the first.

What moves whenever you feel like moving it

The platform is the loudest-looking choice and the least binding one. MetaTrader 4, MetaTrader 5, the browser Terminal and the mobile app all open the same account, positions stay in step across desktop, web and mobile, and removing a terminal from a machine leaves the account exactly where it was.

Security settings are equally loose. The Personal Area password and the MT4 or MT5 trading password are two different passwords with two separate resets, and two-factor authentication is switched on, off or moved to another method under Settings, which is what saves an account when the phone holding the codes is lost.

Practice is a mode rather than a phase. A demo starts with $10,000 in virtual funds, the balance is reset from Set Balance at any time, up to 100 MT4 and 100 MT5 demo accounts can exist at once, and going live is a step taken from the Personal Area rather than a door that closes behind you.

The answers that are not yours to give

Some of the form answers itself. Eligibility depends on legal age and on living in a country where registration is available; the list of base currencies is the list Exness offers on the day; and verification is approved on the broker's side, usually within about 24 hours of a government-issued photo ID and a proof of address being submitted.

The market keeps its own share. Spread width at a given second, the pace of execution and the slippage around news are conditions, not settings, and no answer given at signup fixes them. Delays and slippage may occur, and nothing on the account record changes that.

The useful line to draw is between what is asked once, what is asked repeatedly, and what is never asked. Only the first group deserves hesitation; the second is trial and error at no cost; the third is simply the frame the account lives in.

The order the answers are asked in

  1. Register with an email address and a phone number. Nothing about the trading set-up is fixed at this point.
  2. Verify identity with a government-issued photo ID and a proof of residential address — approval usually lands within about 24 hours.
  3. Answer the account-type line. This is the first of the two answers that stays.
  4. Answer the base-currency line. This is the second, and the one that quietly shapes every number displayed afterwards.
  5. Pick a platform — MT4, MT5, the Exness Terminal or the Exness Trade app. Reversible, and more than one can run against the same account.
  6. Set swap-free status if it applies, either at this point or later from the Personal Area on a qualifying account type.
  7. Open a practice account alongside if the set-up wants testing; the switch to live is available from the Personal Area at any time.

Steps three and four are the only ones on this list that a later visit to the Personal Area cannot rewrite.

Fixed at opening, or changed afterwards

ChoiceWhen it is answeredChanging it afterwards
Account typeOn the sign-up formBy opening another account under the same login
Base currencyOn the sign-up formBy opening another account in a different currency
Identity checkOnce, before trading liveHandled at profile level in the Personal Area
PlatformAny timeMT4, MT5, Terminal or the app, on the same account
Swap-free statusAt opening or laterIn the Personal Area, on qualifying account types
Two-factor methodAny timeSwitched to another method if the device is lost
Practice or liveAny timeSwitch to live from the Personal Area
Virtual demo balanceAny timeSet Balance in the Personal Area or the app

One login covers up to 100 MT4 and 100 MT5 accounts, 200 in total.

Which surface holds which control

SurfaceWhat is decided there
Sign-up formAccount type, base currency, the first platform to install
Personal AreaPasswords, two-factor method, swap-free status, extra accounts, demo balance
Trading terminalCharts, timeframes, order types, which instruments sit on screen
Neither sideEligibility, the currency list on offer, spread width and execution in the moment

MetaTrader 5 carries 21 timeframes against nine on MetaTrader 4, so part of the screen set-up follows the platform rather than the account.

Frequently asked questions

Which Exness choices cannot be changed after the account is open?
The account type and the base currency. Both are answered on the sign-up form and belong to that account afterwards. The tier also fixes the cost model: Standard and Standard Cent open with no minimum initial deposit, while Pro, Raw Spread and Zero have a $200 minimum deposit. Minimum deposit applicable; may vary based on payment method or geographic location.
Can an open account be moved from one tier to another?
The tier sits in the account record, so a different tier means a different account rather than an edit. One login gives access to up to 100 MT4 and 100 MT5 accounts, 200 in total, and the Exness Trade app switches between Standard, Pro, Raw Spread, Zero and demo accounts.
Can the base currency be changed later on?
It is chosen when the account is opened, from the options Exness shows on the sign-up form, and stays with that account. Money arriving in another currency is converted on the way in. An account in a different base currency is opened as a new account under the same login.
How many accounts does one login actually hold?
Up to 100 MT4 and 100 MT5 accounts, 200 in total, live and practice together, all managed from the same Personal Area.
Is the platform choice permanent in any way?
No. MT4, MT5, the Exness Terminal in a browser and the Exness Trade app all connect to the same account, more than one can be used at once, and positions stay in step across desktop, web and mobile.
Can swap-free status be added after the account is open?
Swap-free is available on qualifying account types and is set either at account opening or later in the Personal Area. It removes the overnight swap on eligible instruments; the spread and any account commission still apply, and some instruments may carry a fixed administration fee instead of swap after several days.
Does a practice account have to be closed before trading live?
No. Demo and live accounts sit side by side under one login — up to 100 MT4 and 100 MT5 demo accounts — a demo starts with $10,000 in virtual funds that can be reset from Set Balance, and the switch to live is available from the Personal Area at any time.
What about the two-factor method if the phone is lost?
Two-factor authentication is configured in the Personal Area under Settings and Security settings, using an authenticator app, email or SMS, and the security type can be changed to another method when the device holding it is gone. The Personal Area password and the MT4 or MT5 trading password are separate and reset separately.
Which parts of the set-up are decided by Exness rather than by the trader?
Eligibility, which base currencies appear on the sign-up form, whether an instrument qualifies for swap-free treatment, and the approval of verification, which usually takes about 24 hours. Spread width and execution at a given moment follow market conditions rather than any account setting.

Reviews

What traders say about Exness:

★☆☆☆☆
Exness. They're terrible, thieves! I swear, it dropped 300 points in a minute! Another broker didn't let it drop like that. This drop was just to make me lose money. They're thieves and scammers!
— huwadin2025-11-27
★★★★★
Fast service. Love your services very fast
— Frankdgamer2025-04-08
★★★★★
Reliable. Exness has been one of the reliable trading platforms
— Isgameliel2026-04-16
★★★☆☆
Bank card not being accepted. The reason I can’t deposit money is because when I put in my card holder name it says it’s not correct, even though I put it exactly how it is on the card, multiple times
— Methmadeit2025-07-02