Exness Raw Spread Account is basically for those who are interested in trading in low spreads and those who like to trade in scalping. The main advantage of this type of account is that the amount of spread during trading is very low. And having a low spread means that it will take less time to get your entry profitable. This broker also offers the facility to use several other types of accounts such as Cent Account, Standard Account, and Zero Account. If you are interested in trading as a professional, this trading account is for you. Then let’s know some detailed information.
You all know more or less about spreads. This is basically when you place an entry, the entry is open with some early losses. Hopefully, you know this. The spread is the amount of loss when the entry position opens.
Now the amount of spread varies depending on the broker. It has no definite boundaries. For example, if you trade on an OCTAFX broker, they have a spread of up to 12-16 pips, which means that if you place 1 standard lot of entry, your trade will start with a loss of about 12-15 dollars.
So, we can say that spread is a loss for traders. The higher the amount of spread in the broker, the higher the amount of loss for its traders.
Now if this is the case, if the amount of spread in the broker is low for example, let’s go to trade in EUR/USD currency pair then you see the spread is 2 pips. if you take entry of 1 standard lot you will start with a loss of 2 dollars. On the other hand, the spread of another broker is 12 pips. Then please do a little calculation. Which would be better for you? We hope you can answer yourself.
Please visit the official website of the broker for account registration. Link – www.exness.com. Or you can read the Exness Signup article to know the detailed process of account registration. Here you can know and understand the detailed process of registration.
First login to the broker’s client cabinet. Use your email ID and password to login. After logging in, the dashboard will open in front of you from where you will register the Exness Raw Spread Account.
There is a button called “Open New Account” on the dashboard. Please click on it. Now you will come across the details of several types of accounts. From there you will see the information on a trading account called “Raw Spread“. Below that, click the “Open Real Account” button.
Next, a popup page will come in front of you similar to the image below where you will determine your trading terminal, leverage, currency, and password. When everything is fine, click the “Create An Account” button below. Your new account is fully ready and you can start trading right after.
After clicking the button, Exness Raw Spread Account will be registered properly. And account details will be notified to you via email.
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