Basic Exness account opening requirements
For an individual retail account, expect to provide:
- Personal details: Your full legal name, date of birth, residential address and country of residence.
- Contact verification: A working email address and phone number, with verification where requested.
- Proof of identity: An accepted, valid government-issued document, typically a passport, national identity card or driving licence.
- Proof of address: An accepted recent document showing your name and residential address, such as a bank statement or utility bill.
- Financial information: Employment, income, source of funds and trading experience, as requested during onboarding.
A driving licence is not necessarily accepted in every jurisdiction. Follow the document list shown in your Personal Area rather than assuming a document accepted elsewhere will work for you.
Document quality matters
Upload clear images with the required details visible and no cropped edges. Your name and date of birth should match your application. Address documents must meet the recency requirement displayed during verification; do not assume one universal expiry window applies. Additional checks may be requested, particularly when account details conflict or funding activity needs clarification.
How requirements differ by country
There is no reliable single document checklist covering every Exness customer worldwide. Use the following as a country-checking framework, not a guarantee of acceptance.
| Country or region | What applicants should check |
|---|---|
| South Africa | Exness has an FSCA-authorised entity. Confirm which entity will contract with you, its permissions and the documents accepted for your address. |
| Kenya | Exness has a CMA-regulated entity. Check the Kenyan onboarding route, applicable terms and available local funding methods. |
| Other African countries | Availability varies. A licence in South Africa or Kenya does not automatically provide local regulation elsewhere. |
| Asian countries | Check both Exness eligibility and domestic rules on leveraged forex, overseas brokers and cross-border payments. |
| European Economic Area and UK | Exness’s European and UK regulated entities do not offer retail trading services. Their licences do not establish retail account availability. |
| United States | Exness does not accept US residents. Do not attempt to bypass this restriction using an overseas address. |
| Other countries | Check the current restricted-country disclosures and registration country selector before preparing documents or transferring money. |
Residence is different from nationality
If you are an expatriate, use your actual country of residence and provide truthful supporting information. Nationality can still affect eligibility or additional checks. A passport from an accepted country does not override restrictions where you live.
Broker acceptance is not proof that trading or funding is permitted locally. In markets such as India, foreign-exchange and overseas-remittance restrictions require particular care. Consult your local regulator or a qualified adviser where necessary.
Deposits, verification and account approval
Do not confuse account opening requirements with a minimum deposit. Funding requirements can depend on account type, payment method and region. Treat any advertised minimum as conditional until confirmed in your account.
Before depositing:
1. Confirm your country is supported and read the contracting entity’s client agreement.
2. Complete the requested verification steps.
3. Check the deposit minimum, currency conversion costs and withdrawal rules.
4. Use a payment method in your own name, subject to the displayed funding requirements.
Verification times vary. Avoid relying on promises of instant approval or assuming that an initial registration means unrestricted trading and withdrawals are available.
Exness versus Vantage: a practical comparison
Exness may suit eligible traders who value its account choices and region-specific funding options. The deciding factors should be the entity you receive, total trading costs and the practicality of withdrawals—not just ease of registration.
Vantage is our featured alternative. The Vantage group includes FCA- and ASIC-regulated entities, but those protections apply only to clients contracted with the relevant entity. International applicants may be assigned elsewhere, and availability remains country-dependent.
Vantage advertises raw spreads from 0.0 pips on applicable accounts; commissions and other charges can apply. It offers MT4, MT5 and TradingView access, subject to account and regional availability. Advertised minimum spreads are not typical all-session costs or guaranteed execution prices.
Compare both brokers using the same instrument, account type and trading hours. Include spread, commission, overnight financing and currency conversion, and check any typical-cost examples against your expected activity.
Open a Vantage account to check eligibility and the terms available in your country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Vantage is an advertising partner; we may earn a commission.