- Who is the Zero account best suited for?
- Top features of the Zero account
- Which instruments is zero spread offered for?
- Account details
- How is trading commission calculated for Zero accounts?
Who is the Zero account best suited for?
Our Zero account is a specialized market execution account type that offers zero spread on the top 30 trading instruments for 95% of the day. Not just that, we also offer zero spread on the remaining instruments for 50% of the trading period (depending on market volatility).
Top features of the Zero account
- No limit on orders that can be opened.
- Easier to avoid requotes with Market Execution.
- Suitable for use of Expert Advisors.
- Low trading commission starting from USD 0.2/lot per side based on the trading instruments.
Which instruments are zero spread offered for?
Here are some of the top instruments on which zero spread is offered:
Zero spread is available for many more instruments, which can be discovered from the Exness homepage listed as Instruments; follow the link for an up to date list of our contract specifications sorted by account type.
Here is a comprehensive list of details for the Zero account:
|Minimum Initial Deposit||Starting from USD 200*|
|Execution type||Market execution|
Real and Demo:
AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZAR
|Trading instruments||Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks|
Maximum number of positions
MT4 Demo: 1000
MT4 Real: 1000
|Trading Platforms||MT4 and MT5|
|Trading Commission||Starting from USD 0.2/lot per side based on the trading instrument|
Note: Trading accounts created by clients registered with our Kenyan entity have fewer account currency options, maximum available leverage is 1:400, and trading on cryptocurrencies is unavailable.
*The minimum initial deposit depends on geographic region.
How is trading commission calculated for Zero accounts?
A trading commission is applied to specific account types and is mainly based on the trading volume in both directions, such as opening and closing an order. Commission will be charged together when a position is opened.
For Zero accounts specifically, the trading commission starts at USD 0.2 for one side per lot, but this can vary depending on the instrument traded. Follow this link to check the Contract Specifications of an instrument and its commission rate.
Here’s an example:
A trader opens a 1 lot position with GBPUSD. The commission charged will be USD 9 as USD 4.5 is the commission rate per lot and direction for this instrument traded on the Zero accounts. No further commission is charged when closing the 1 lot position, as the full amount of USD 9 would’ve occurred at opening the position.
For more information on trading commission, click here.