Exness allows you to open multiple MT4 and 5 accounts, so we will explain how to do this and what to keep in mind in this article. It is a very famous FX company in the world. Because so many traders trade and there are so many stocks available, many people want to have multiple accounts. Exness allows you to create additional accounts. This article explains how to create an additional account and the steps involved.
- Exness Basic Information
- Exness Overview and Features
- Is it possible to open additional or multiple accounts with Exness?
- Advantages and Disadvantages of Additional Exness Accounts
- Additional Account/Multiple Account Opening Procedure
- Points to Note Regarding Additional Accounts and Multiple Accounts
- How to Archive Additional Accounts/Multiple Accounts
- Frequently Asked Questions
- Q1: How many accounts can I create with one account?
- Q2: Are additional accounts free to create?
- Q3: Can I delete additional accounts?
- Q4: Can archived accounts be restored?
- Q5: Can I transfer funds between additional accounts?
- Q6: Can I hed with multiple accounts?
- Q7: What happens to my funds when I archive an account?
- Q8: What happens to an inactive account?
- Q9: Can I create multiple demo accounts?
- Related
Exness Basic Information
| Company Name | Exness Group (based in Cyprus and other countries) |
| Year of establishment | 2008 |
| Eligible products | CFDs (contracts for difference) for FX (foreign exchange), precious metals, energy, stock indexes, stocks, cryptocurrencies, etc. |
| Supported tools | MetaTrader 4 / MetaTrader 5 (MT4/MT5), Web Terminal, Exness App, etc. |
| Regulations and Licenses | FCA (Financial Conduct Authority) CySEC (Cyprus Securities and Exchange Commission) FSA (Seychelles Financial Services Authority) FSCA (South Africa) / CBCS (Curaçao) |
| Fund management/protection | Customer funds are managed separately from the operating company’s funds |
| Leverage | 2000 times |
| Account Type | Standard Standard Cent Pro Raw Spread Zero |
| Spread | 0.2〜0.4 pips |
| Deposits and Withdrawals | Credit cards, domestic/international remittances, various electronic wallets, cryptocurrencies |
Exness Overview and Features
Exness is an international online broker primarily offering FX (Foreign Exchange Margin Trading) and CFD (Contracts for Difference). This section provides an overview and explanation of Exness’s features.
Overview of Exness
Established: 2008
Headquarters: Saint Vincent and the Grenadines (Registered Headquarters)
Regulations: Registered with multiple financial regulatory authorities
FCA (Financial Conduct Authority, UK)
CySEC (Cyprus Securities and Exchange Commission)
Other local regulations apply depending on the region
Services Offered: FX currency pairs, stock CFDs, cryptocurrency CFDs, precious metals, energy, stock indices
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, mobile app
Key Features of Exness
(1) Trading Environment
Narrow Spreads: Trading possible from 0.0 pips, especially with zero-spread accounts
High Leverage: Maximum unlimited leverage (restrictions apply depending on the regulated region)
Low Trading Fees: Spread + fixed fee for ECN accounts
(2) Account Types
Standard Account: No commission, relatively wide spreads
Low Spread Account: Narrow spreads, trading commissions apply
Zero Account: Offers 0.0 pips spreads on major currency pairs
Pro Account (ECN): For institutional investors, commissions apply, extremely narrow spreads
(3) Deposits and Withdrawals
Bank transfer, credit card, e-wallet (Skrill, Neteller, etc.), cryptocurrency
Fast deposit and withdrawal speed: especially instant for e-wallets
(4) Customer Support
Multilingual support (including Japanese)
24-hour chat support
Extensive FAQs and video tutorials
(5) Educational and Analytical Tools
Economic calendar, market analysis
Webinars, trading guides, trading strategy introductions
Expert Advisor (EA) support
Is it possible to open additional or multiple accounts with Exness?
Yes, it is possible to open additional or multiple accounts with Exness. Here’s a detailed breakdown:
📌 Multiple accounts can be created within one personal area.
With Exness, you can open multiple trading accounts (real and demo) within a single account (personal area). This allows you to use different accounts depending on your trading style and objectives.
📊 Maximum number of accounts (real accounts)
Maximum number of real accounts: MT4 real accounts: 100 accounts, MT5 real accounts: 100 accounts, Total: 200 accounts (within one account)
👉 Since you can create 100 accounts each for MT4 and MT5, you can have a total of up to 200 accounts.
(※ Some sources may have different calculation methods or counting methods for different account types, so details may vary depending on the source, but the above is the basic allowable number.)
📊 Multiple demo accounts can also be created.
In addition to real accounts, you can also create multiple demo accounts. This allows you to separate accounts for testing and practicing trading strategies.
📌 Important Notes
⚠ Multiple accounts cannot be created with the same email address
You cannot create multiple Exness accounts (personal areas) with the same email address.
→ A different email address is required.
- However, the same phone number and identity verification documents can be used for multiple accounts.
📍 Practical Benefits
You can change leverage and base currency for each account.
You can manage multiple strategies (e.g., scalping, medium- to long-term).
It makes fund management and risk diversification easier.
By effectively using multiple accounts, you can achieve more flexible trading operations.
Advantages and Disadvantages of Additional Exness Accounts
Here’s a clear summary of the advantages and disadvantages of having additional (multiple) accounts with Exness: 👇
✅ Main Advantages of Having Additional/Multiple Accounts
🎯 1. Ability to Differentiate Accounts by Trading Style and Strategy
You can use different account types such as Standard, Pro, Zero, and Low Spread depending on your purpose.
→ Easier optimization for short-term trading, medium- to long-term trading, and low-spread trading.
🔀 2. Easier Risk and Fund Management
Because you can diversify your funds across multiple accounts, you can spread risk even if you incur a large loss in one account.
📈 3. Hedging Between Multiple Accounts is Possible
Exness allows hedging between different accounts (it’s not prohibited).
→ Can be used for strategies with different price inclinations or for hedging.
💸 4. No Account Maintenance Fees
Since there are generally no maintenance fees for additional accounts, the cost burden is low even when holding them for a long period.
🛠 5. Flexible Trading Condition Testing Possible
You can try different trading conditions by changing leverage, trading platform (MT4/MT5), and base currency.
⚠ Disadvantages (Points to Note) of Additional Accounts/Multiple Accounts
🧠 1. Management Becomes Complex
The more accounts you have, the more time-consuming and complicated it becomes to manage the balance, profit/loss, and positions of each account.
🔍 2. Potential for Reduced Efficiency Due to Over-Dispersion of Funds
Dividing funds into many small amounts can easily lead to insufficient margin, potentially preventing sufficient trading.
🗂 3. Account Organization/Deletion Not Possible (Archive Support)
Once created, additional accounts cannot be completely deleted and are treated as hidden (archived).
→ The list can easily become cluttered if you have many unused accounts.
⏱ 4. Beware of Deactivation (Archiving)
If there are no transactions or logins for a certain period, your account may be automatically archived (inactive).
→ Reactivation is possible, but it will require additional management effort.
💱 5. Potential Currency Conversion Fees for Fund Transfers
When transferring funds between different base currencies, exchange fees (conversion costs) may be incurred.
Additional Account/Multiple Account Opening Procedure
This guide clearly outlines the step-by-step procedure for opening additional or multiple accounts with Exness.
Prerequisites
You must already have a Personal Area (account).
You can open multiple MT4/MT5 real and demo accounts within one account.
Account creation is possible on both the PC version and the smartphone app (Exness Trader).
Step 1: Log in to your Personal Area
Access the Exness official website
Click “Login” in the upper right corner of the screen → Sign in with your email address and password
Enter your Personal Area
Step 2: Open the Additional Account Creation Screen
Click the “+ Open Account” button on the Personal Area home screen
If using the smartphone app, go to the “Accounts” tab → “Open a New Account”
Select either a “Real Account” or a “Demo Account”
Step 3: Select an Account Type
Exness has different conditions for each account type.
Standard Account: Beginner-friendly, no commission
Low Spread Account: Low spreads, commissions apply
Zero Account: Spreads from 0.0 pips
Pro Account (ECN): Advanced users, narrow spreads, commissions apply
👉 Choose according to your purpose and trading strategy.
Step 4: Set Trading Conditions
Platform Selection: MT4/MT5
Account Currency: USD, EUR, JPY, etc.
Leverage: Freely adjustable (upper limits apply depending on the region)
Account Name (Optional): Choose a name that is easy to identify later
Step 5: Confirm and Create Additional Accounts
Confirm the entered information
Clicking “Create Account” will immediately open the account
The account number and server information will be displayed, allowing you to log in to MT4/MT5
Step 6: Deposit Funds and Start Trading
Deposit funds from your Personal Area
Transfer funds between multiple accounts using internal transfers as needed
Start trading with MT4/MT5
Notes and Precautions
Account Limit: Up to 100 accounts each for MT4/MT5
Creating additional accounts with the same account is free
Unused accounts can be “hidden (archived),” but cannot be completely deleted
Multiple demo accounts can also be created using the same procedure.
Points to Note Regarding Additional Accounts and Multiple Accounts
This section outlines and explains important points to consider when using additional or multiple accounts with Exness. While multiple accounts offer convenience, careful management and risk management are necessary.
Increased Management Complexity
The more accounts you have, the more complex managing balances, positions, and order status becomes.
Trading simultaneously with multiple accounts, in particular, increases the likelihood of errors in profit/loss calculations and risk management.
Solution: Clearly define the purpose of each account (e.g., scalping, medium- to long-term trading).
Reduced Efficiency Due to Fund Diversification
Dividing funds too much between accounts can lead to insufficient margin, preventing you from taking large positions.
Especially when using multiple high-leverage accounts, careful attention to the fund size in each account is crucial.
Inability to Delete Accounts
Once an additional account is created, it cannot be completely deleted.
Unnecessary accounts can be “hidden (archived),” but this may increase the number of accounts in your account list, making it difficult to view.
Risk of Deactivation
Accounts with no trading or login activity for extended periods may be automatically archived (become dormant accounts).
While reuse is possible, it may involve extra effort for logging in and transferring funds.
Precautions Regarding Internal Transfers and Currency Conversion
When transferring funds between multiple accounts, exchange fees may apply if the account currencies differ.
Pay attention to currencies and exchange rates when transferring funds.
Impact Between Strategies
Using the same currency pair or EA across multiple accounts may result in overlapping profits and losses due to market influences and correlations.
Even if you separate accounts by strategy, market movements are the same, so risk cannot be completely diversified.
How to Archive Additional Accounts/Multiple Accounts
This document provides a detailed explanation of how to archive additional accounts/multiple accounts in Exness.
Archiving allows you to hide accounts from the list without completely deleting them, resulting in cleaner account management.
Step 1: Log in to your Personal Area
Access the Exness official website.
Sign in with your email and password from “Login” in the upper right corner of the screen.
Enter the Personal Area home screen.
Step 2: Select the account you want to archive
Open the “Accounts” tab on the home screen.
Select the account you want to archive from the list.
Both real and demo accounts are possible.
Step 3: Archive from Account Settings
Select “Manage” or “Account Settings” on the account details screen.
Click the “Archive” or “Hide” button.
A confirmation dialog will appear; select “Yes.”
The account will be hidden from the list and can be restored at any time if needed.
Step 4: Management after archiving
Archived accounts can be viewed as “Archived Accounts” in the Personal Area.
If you want to use it again, you can restore it to an active account using the “Restore” button.
Additional Notes and Precautions
Account funds remain intact.
Even after archiving, funds are not frozen, and internal transfers and withdrawals are possible.
Complete deletion is not possible.
Once an account is created, it can only be archived; it cannot be completely deleted.
Archived accounts are still accessible.
You can log in to MT4/MT5 even in archived state, but exercise caution when trading.
Frequently Asked Questions
Here are some frequently asked questions (FAQs) regarding additional accounts and multiple accounts with Exness. This section addresses common questions and points to note when using multiple accounts.
Q1: How many accounts can I create with one account?
You can create up to 100 accounts each for MT4 and MT5.
In total, you can hold up to 200 accounts per account.
Multiple accounts can be created, including demo accounts.
Q2: Are additional accounts free to create?
Yes, there are no fees for creating additional accounts.
Trading fees and spreads vary depending on the account type.
Q3: Can I delete additional accounts?
No, they cannot be completely deleted.
Unnecessary accounts can be organized using “Archive (Hide)”.
Q4: Can archived accounts be restored?
Yes, they can be restored at any time from the “Archived Accounts List” in your Personal Area.
Q5: Can I transfer funds between additional accounts?
Yes, you can freely transfer funds between accounts of the same currency using the internal transfer function.
Transfers between different currencies may incur exchange rate conversion fees.
Q6: Can I hed with multiple accounts?
Yes, hedging between accounts is not prohibited at Exness.
However, caution is advised as correlation risk may occur with the same currency pair.
Q7: What happens to my funds when I archive an account?
Even after archiving, your account balance and positions will remain intact.
Withdrawals and internal transfers are also possible.
Q8: What happens to an inactive account?
If there is no login or trading for a certain period, the account will be automatically archived (dormant).
You can restore it and trade as usual.
Q9: Can I create multiple demo accounts?
Yes, you can create additional demo accounts.
It’s convenient to separate accounts for strategy testing and EA verification.
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