Standard Account: Ideal for Beginners
The Standard account is perfect for Kenyan traders new to forex or those who prefer simple trading conditions. It has a low entry point and user-friendly features.
Features & Trading Conditions
The Standard account offers spreads starting at 0.3 pips, no commissions, and leverage up to 1:2000. Traders can access forex, metals, and cryptocurrencies on MT4 or MT5 platforms. It supports KES as a base currency, avoiding conversion fees for deposits via M-Pesa. The account is forgiving for beginners, with stable execution and no hidden costs.
Minimum Deposit Requirements
The minimum deposit is $10 (~1,300 KES). To fund the account:
- Log into the Exness Personal Area and select “Deposit.”
- Choose M-Pesa or another method, enter $10 or more, and confirm payment.
- Verify funds in the account balance.
Deposits are instant with M-Pesa, and no Exness fees apply. Start with the minimum to test the account’s features. Use a demo Standard account first to practice trading major pairs like EUR/USD.
$10 Starting Capital Strategy
A $10 deposit (~1,300 KES) is enough to start. To trade effectively:
- Set leverage to 1:20 to limit risk.
- Trade micro-lots (0.01–0.10) on low-volatility pairs like USD/JPY.
- Use stop-loss orders to protect your capital.
This approach keeps losses small while you learn. Practice on a demo Cent account to refine your strategy. Monitor trades daily to avoid margin calls.
Raw Spread Account: For Active Traders
The Raw Spread account suits Kenyan traders who trade frequently and need low costs. It’s built for precision and speed.
Commission Structure & Benefits
Spreads start at 0.0 pips, with a commission of up to $3.50 per lot per side. The account offers fast execution on MT4 and MT5, ideal for scalping or day trading. Leverage up to 1:2000 and KES currency support make it flexible for Kenyan traders. The low spreads offset commissions for high-volume traders, but calculate costs before committing.
Zero Account: Commission-Free Trading
The Zero account is tailored for Kenyan traders who want tight spreads without worrying about commissions on most trades. It’s best for specific market conditions.
Spread Comparison with Other Accounts
The Zero account offers 0-pip spreads on major instruments 95% of the time, with small commissions on some pairs.
| Account Type | Spreads (Pips) | Commission (Per Lot/Side) | Best For |
| Standard | From 0.3 | None | Beginners |
| Standard Cent | From 0.3 | None | Micro-trading |
| Raw Spread | From 0.0 | Up to $3.50 | Active traders |
| Zero | 0 (95% of time) | Varies (some pairs free) | Scalpers, major pairs |
| Pro | From 0.1 | None | Advanced traders |
Spreads depend on market volatility. Test the Zero account in a demo to compare costs. It shines during high-liquidity hours like London/New York sessions.
Best Markets for Zero Accounts
The Zero account works best for:
- Major forex pairs (e.g., EUR/USD, GBP/USD).
- Gold (XAU/USD) during volatile sessions.
- USD/JPY for low-spread scalping.
These markets have the tightest spreads, maximizing the account’s value. Practice scalping on a demo to perfect timing. Monitor spread changes during news events to avoid surprises.
Professional Account: Advanced Trading
The Pro account is for Kenyan traders with experience who need fast execution and low spreads. It’s designed for serious trading.
Pro Account Requirements for Kenyans
The minimum deposit is $200 (~26,000 KES). To open:
- Complete KYC verification with ID and proof of residence.
- In the Personal Area, select “Open New Account” and choose Pro.
- Deposit $200 via M-Pesa or bank transfer.
Spreads start at 0.1 pips with no commissions, and leverage reaches 1:2000. Test the Pro account in demo mode first, as its speed suits active strategies like day trading.
Demo Account: Practice Without Risk
The Demo account lets Kenyan traders practice trading without financial risk. It’s perfect for testing strategies or platforms.
How to Open a Demo Account
A demo account is created automatically during registration with $10,000 in virtual funds. To set it up manually:
- Log into the Personal Area and click “Open New Account.”
- Select “Demo” and choose an account type (e.g., Standard, Pro).
- Log into MT4, MT5, or Web Terminal with demo credentials.
The demo mirrors real market conditions. Use it to practice risk management and test account types. It expires after 30 days of inactivity, so trade regularly.ount in demo mode first, as its speed suits active strategies like day trading.
Account Type Comparison Table
Exness offers a range of account types for Kenyan traders, each tailored to different experience levels and trading styles. The table below highlights key features to help you compare and choose the right account. Practice with a demo account for each type to test their features before depositing real funds.
| Account Type | Minimum Deposit | Spreads (Pips) | Commission (Per Lot/Side) | Leverage | Best For |
| Standard | $10 (~1,300 KES) | From 0.3 | None | Up to 1:2000 | Beginners, casual traders |
| Standard Cent | $10 (~1,300 KES) | From 0.3 | None | Up to 1:2000 | Micro-trading, new traders |
| Raw Spread | $200 (~26,000 KES) | From 0.0 | Up to $3.50 | Up to 1:2000 | Active traders, scalping |
| Zero | $200 (~26,000 KES) | 0 (95% of time) | Varies (some pairs free) | Up to 1:2000 | Scalpers, major pairs |
| Pro | $200 (~26,000 KES) | From 0.1 | None | Up to 1:2000 | Experienced traders |
| Social Standard | $500 (~65,000 KES) | From 0.3 | None | Up to 1:2000 | Copy trading, beginners |
| Social Pro | $2,000 (~260,000 KES) | From 0.1 | None | Up to 1:2000 | Advanced copy trading |
All accounts support KES as a base currency to avoid conversion fees and offer swap-free options for Islamic traders. Spreads and commissions vary with market conditions, so check real-time costs in the Personal Area. Use a demo account to compare how each account performs with your preferred markets, like forex or gold.
How to Choose the Right Account Type
Selecting the best Exness account type for Kenyan traders depends on your trading experience, budget, and goals. If you’re new to trading, start with the Standard or Standard Cent account—both require just $10 (~1,300 KES) and have no commissions, making them low-risk for learning forex or testing strategies. The Standard Cent is especially good for micro-trading, letting you trade tiny lots to manage risk. For experienced traders, the Pro or Raw Spread accounts offer tighter spreads (from 0.1 or 0.0 pips) and faster execution, but the $200 (~26,000 KES) deposit and potential commissions on Raw Spread require more capital.
Scalpers should consider the Zero account for its 0-pip spreads on major pairs like EUR/USD, though commissions on some instruments need careful monitoring. If you’re interested in copy trading, the Social Standard ($500) or Social Pro ($2,000) accounts let you follow experienced traders, but they’re pricier. Always match the account to your funds—don’t stretch to a $200 account if you’re not ready for larger trades. Test each account type in a demo environment to see how spreads, leverage, and execution work with your strategy. For example, try scalping on a Zero demo account during the London session or micro-trading on a Cent demo with USD/JPY. Review your trading plan regularly to ensure the account still fits your needs, and start with small deposits to minimize risk while you learn.
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Frequently Asked Questions
What are the different types of Exness accounts available in Kenya?
Exness offers various account types, including the Standard Account, Professional Account, Zero Account, and ECN Account. Each account type has different features, such as spreads, commissions, and leverage options, catering to both beginners and experienced traders.
Which Exness account is best for beginners in Kenya?
The Standard Account is ideal for beginners in Kenya as it offers low spreads, no commission, and easy access to the market. It’s perfect for those starting their trading journey with Exness.
What is the difference between the Standard and Professional accounts on Exness?
The Standard Account is simpler, with lower spreads and no commission, suitable for beginner traders. The Professional Account, on the other hand, is tailored for more advanced traders, offering tighter spreads, higher leverage, and additional trading tools.
What is the Exness Zero Account and who is it suitable for?
The Exness Zero Account offers zero spreads but charges a commission on trades. It is suited for active traders who prefer precision in pricing and are comfortable with paying commissions for better execution speeds.
What is an ECN account with Exness, and how does it differ from other accounts?
The ECN Account provides direct access to the interbank liquidity market, offering the best spreads and fastest execution times. It is designed for professional traders who need high precision and low trading costs for large-volume trades.
Can I switch between Exness account types in Kenya?
Yes, you can switch between account types on Exness. However, switching may require closing your current account and opening a new one with the desired account type. Always check with Exness support for specific details and requirements.