In Exness, the account currency is set when you create your trading account and cannot be changed once the account is created. However, there is a simple solution if you need to use a different currency for trading: you can open a new account in the desired currency. Here’s a step-by-step guide on how to set up a new account with a different currency in Exness:

Step-by-Step Guide: How to Open a New Account with a Different Currency

If you want to trade in a different currency on Exness, the process involves opening a new account with the desired currency. Since Exness doesn’t allow you to change the currency of an existing account, here’s how to set up a new account with a different currency.

  1. Open the Exness website or app and log in with your email and password.
  2. Go to your profile and click “My Accounts” on the dashboard or main menu.
  3. Hit the “Open a New Account” button in the My Accounts section to start making a new trading account.
  4. Pick an account type—like Standard for beginners, Pro for tighter spreads, or Zero—based on what you need.
  5. Choose the currency you want to use, like Naira (NGN), USD, EUR, GBP, or others Exness offers.
  6. Finish setting up by picking your leverage, choosing a platform (MT4, MT5, or Exness Trader), and confirming your info or verification.
  7. Verify your account if needed by uploading stuff like a passport or utility bill, especially if it’s your first time.
  8. Add money to your new account with options like bank transfers (Naira for Nigerians), e-wallets (Skrill, Neteller, PayPal), or crypto (Bitcoin, USDT).
  9. Start trading with your new currency and keep track of everything on the Exness platform or app.
Step-by-Step Guide: How to Open a New Account with a Different Currency

Advantages of Having Multiple Accounts in Different Currencies

  • Avoid Currency Conversion Fees: If you deposit and withdraw funds in your local currency (e.g., NGN for Nigerian traders), you avoid extra costs related to currency conversion.
  • Easier Withdrawals and Deposits: By using local currencies or currencies that align with your payment method (e.g., USD for international transfers), you can make deposits and withdrawals more efficiently.
  • Better Tracking: Keeping different trading accounts in different currencies makes it easier to track profits, losses, and trading performance in terms of the specific currency you’re trading with.

How to Manage Multiple Accounts in Different Currencies

How to Manage Multiple Accounts in Different Currencies

Managing multiple accounts with different currencies on Exness is a simple and effective way to tailor your trading experience. Whether you want to trade in Naira (NGN), USD, EUR, or another currency, Exness allows you to open and manage multiple accounts under the same profile, each with its own currency. This guide will show you how to easily manage accounts in different currencies on Exness.

  • You can open multiple accounts under the same Exness profile with different currencies. Simply follow the same steps for each new account you want to create, choosing the currency that suits your needs.
  • Switch Between Accounts: You can easily switch between these accounts in your Exness dashboard and manage them separately.

Managing Deposits and Withdrawals Across Multiple Accounts

  • Deposits: When depositing funds, ensure that you are using the correct payment method that matches the currency of the account you’re funding. For example:
    • Use Quickteller or bank transfers for NGN accounts.
    • Use PayPal, Skrill, or bank cards for USD or EUR accounts.
  • Withdrawals: Similarly, ensure that you withdraw funds to the same payment method that corresponds to the currency of your account.

Troubleshooting Common Issues

  • Account Currency Not Changing: Remember, once an account is created, the currency cannot be changed. You need to open a new account if you want to trade in a different currency.
  • Currency Not Available: Make sure that the currency you wish to select is supported by Exness for the account type you choose (e.g., NGN for Nigerian users, USD for international markets).
  • Deposits or Withdrawals in Incorrect Currency: If you’re trying to deposit or withdraw funds in the wrong currency, ensure you’re using the correct account for the currency of the payment method.

How to Contact Exness Support

If you encounter any issues or have questions about changing your account currency or opening a new account, Exness offers support through:

Troubleshooting Common Issues
  • Live Chat: Available 24/7 via the Exness platform.
  • Email Support: Reach out to [email protected] for assistance.
  • Phone Support: Exness provides regional phone support, and contact details are available on their website.

Conclusion

Changing the account currency on Exness requires opening a new account with the desired currency. You cannot modify the currency of an existing account once it’s been set, but by creating new accounts with different currencies, you can manage multiple trading accounts based on your preferences. This ensures that you can trade in the currency that suits your needs and helps avoid currency conversion fees when depositing or withdrawing funds.

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