You are required to make a successful first deposit before you begin trading. At Exness, we offer a wide range of payment methods for making convenient deposits from any part of the world. Payments are only accepted from accounts in the client’s own name, so third-party accounts are not accepted.
Note: Clients from South Africa, Kenya and Vietnam are required to fully verify their profile before making deposits.
How to make your first deposit
- Log into your Personal Area (PA) and click on the Deposit tab.
- Select a payment method, taking note of the minimum and maximum limits, and the processing time.
- Enter the amount you want to deposit and click Continue.
- Check the details in the summary presented, and Confirm.
- You will be redirected to the payment method’s page to complete the transaction.
Good to know
Before making your deposit, there are a few things to keep in mind:
The payment method
For the most convenient method for your first deposit, look at the payment methods available in your region. You will find the methods, their processing times and the minimum/maximum limits displayed in the PA Deposit tab.
When selecting the payment method, consider:
- Verification requirements - Ensure that you have completed your economic profile and account verification to enable all payment methods.
- Currency - Deposit in the same currency as the one set for your trading account to avoid conversion charges. Do note that the trading account currency cannot be changed once a trading account is created.
Tip: You can create new trading accounts if you need one set to a specific currency.
- Processing times - Processing times vary, so confirm them before selecting a payment method.
- Deposit fees - Most payment methods have no fees on deposits but may require a minimum deposit amount.
We recommend reading more about the available payment methods and about trading account transactions.
The amount
Your first-time deposit amount depends on both the trading account you have and the payment method chosen.
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Account type
- Professional accounts present their own unique first-time minimum amount depending on the region registered in, but this requirement only applies to the first deposit.
- Standard accounts require a minimum amount of first-time deposit amount that matches the payment method selected.
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Payment method
- Payment methods present a minimum deposit requirement that applies to every deposit; not only the first deposit.
Your first-time deposit should match the highest of these two factors.
Example
If a Pro account requires a minimum first-time deposit of USD 200 while the payment method has a minimum deposit amount of USD 10, your first-time deposit should be at least USD 200.
An error message will appear in your PA to notify you if your deposit is less than the amount needed for the payment method.
Trading is disabled on newly created real accounts until the minimum first-time deposit requirements are met. You will see a ‘trading disabled’ error message or the New Order button will be grayed out when you try to open an order on the trading platform before making your first deposit.