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Account registration with Exness requires completing specific steps and providing required documentation. Filipino traders must follow standard procedures including identity verification and address confirmation. The registration process typically takes 24-48 hours for completion.
Registration involves creating a personal area, submitting documents, and completing verification procedures. Each step must be completed accurately to avoid delays or account restrictions. Understanding the requirements beforehand speeds up the registration process.
Required Documents for Registration
Document requirements vary based on account type and verification level. Philippine residents must provide specific identification and address verification documents. All documents must be current and clearly readable.
Identity Verification Documents
Philippine residents can use several types of documents for identity verification. Documents must show full name, photograph, and valid expiration dates.
Accepted identity documents:
- Philippine passport
- Driver’s license
- UMID (Unified Multi-Purpose ID)
- PhilSys ID (Philippine Identification System)
- PRC Professional ID
- Postal ID
Document Type | Processing Time | Acceptance Rate |
Passport | 2-4 hours | High |
Driver’s License | 4-8 hours | High |
UMID | 4-8 hours | Medium |
PhilSys ID | 2-4 hours | High |
Document quality requirements:
- Clear, high-resolution images
- All four corners visible
- No shadows or glare
- Text must be legible
- Document must be current
Avoid common document issues:
- Blurred or unclear images
- Partially covered information
- Expired documents
- Documents in languages other than English or Filipino
Address Verification Documents
Address verification confirms residential location within the Philippines. Documents must be recent and show current address matching registration information.
Accepted address documents:
- Utility bills (electricity, water, gas)
- Bank statements
- Government correspondence
- Barangay certificate
- Tax documents
- Internet or phone bills
Document Type | Validity Period | Verification Speed |
Utility Bill | 3 months | Fast |
Bank Statement | 3 months | Fast |
Barangay Certificate | 6 months | Medium |
Tax Document | 12 months | Slow |
Address document requirements:
- Issued within specified validity period
- Shows complete address
- Displays account holder name
- Contains issuing organization details
Digital bills and statements are acceptable if they contain all required information and official headers.
Step-by-Step Registration Process
Registration follows a structured sequence of actions. Each step must be completed before proceeding to the next stage.
Creating Personal Area
The registration process begins with creating a personal area account. This establishes basic account credentials and contact information.
Personal area creation steps:
- Navigate to registration page
- Enter email address
- Create secure password
- Select country (Philippines)
- Enter phone number
- Accept terms and conditions
- Complete email verification
Field | Requirements | Validation |
Valid format | Email verification | |
Password | 8+ characters | Complexity check |
Phone | Philippine format | SMS verification |
Country | Philippines | Auto-detection |
Password requirements:
- Minimum 8 characters
- Include uppercase letters
- Include lowercase letters
- Include numbers
- Include special characters
Email verification involves clicking a link sent to the provided email address. This step must be completed within 24 hours of registration.
Personal Information Entry
Complete personal information accurately using official document names. Information must match exactly with verification documents.
Required personal information:
- Full name (as on ID)
- Date of birth
- Gender
- Nationality (Filipino)
- Residential address
- Occupation details
- Income information
Information entry guidelines:
- Use exact spelling from documents
- Provide complete address details
- Select appropriate occupation category
- Enter accurate income ranges
Common mistakes to avoid:
- Nickname instead of legal name
- Abbreviated address information
- Incorrect date formats
- Mismatched document information
Document Upload Process
Upload clear, high-quality images of required documents. Follow specific formatting and quality guidelines for each document type.
Upload requirements:
- File formats: JPG, PNG, PDF
- Maximum file size: 5MB
- Minimum resolution: 300 DPI
- Color images preferred
Document Side | Requirements | File Size |
ID Front | Full document visible | Under 5MB |
ID Back | All text readable | Under 5MB |
Address Proof | Complete document | Under 5MB |
Selfie | Clear facial features | Under 5MB |
Document photography tips:
- Use good lighting conditions
- Ensure flat document surface
- Avoid shadows and reflections
- Capture entire document
- Maintain focus throughout
Upload verification typically takes 2-4 hours during business hours. Extended verification times may occur during high-volume periods.
Account Types and Requirements
Different account types have varying requirements and capabilities. Choose appropriate account type based on trading experience and needs.
Standard Account Requirements
Standard accounts require basic verification and have standard trading conditions. Suitable for most Filipino traders starting with Exness.
Standard account features:
- Basic verification required
- Standard spreads
- Standard leverage options
- Access to major currency pairs
- Basic educational resources
Verification requirements:
- Identity document verification
- Address verification
- Phone number confirmation
- Email verification
Processing time for standard accounts typically ranges from 4-24 hours after document submission.
Professional Account Requirements
Professional accounts require additional qualification criteria and enhanced verification procedures. Designed for experienced traders with substantial trading background.
Professional account criteria:
- Trading experience requirements
- Income verification
- Enhanced document verification
- Additional compliance checks
- Risk assessment completion
Requirement Type | Standard Account | Professional Account |
Trading Experience | None | 2+ years |
Income Verification | Basic | Detailed |
Document Check | Standard | Enhanced |
Processing Time | 4-24 hours | 24-72 hours |
Professional account benefits:
- Enhanced trading conditions
- Priority customer support
- Advanced trading tools
- Higher leverage options
- Reduced margin requirements
Verification Timeline and Process
Verification follows a structured timeline with specific stages. Understanding each stage helps manage expectations and prepare for potential delays.
Initial Verification Stage
Initial verification covers basic document review and account setup. This stage typically completes within 4-8 hours of submission.
Initial verification includes:
- Document format check
- Information consistency review
- Basic compliance screening
- Account status activation
- Welcome email confirmation
Factors affecting verification speed:
- Document quality
- Information accuracy
- Current application volume
- Business hours timing
- Holiday periods
Enhanced Verification Requirements
Some accounts require enhanced verification based on various factors. Enhanced verification involves additional checks and documentation.
Enhanced verification triggers:
- Large initial deposits
- Specific geographic locations
- Professional account applications
- Risk assessment results
- Regulatory requirements
Additional requirements may include:
- Source of funds documentation
- Enhanced identity verification
- Video verification calls
- Additional address verification
- Professional qualification proof
Verification Level | Documents Required | Processing Time |
Basic | ID + Address | 4-8 hours |
Enhanced | ID + Address + Income | 24-48 hours |
Professional | Full Documentation | 48-72 hours |
Common Registration Issues
Registration problems can delay account activation. Understanding common issues helps avoid delays and resolve problems quickly.
Document-Related Issues
Document problems represent the most common registration delays. Proper document preparation prevents most verification issues.
Common document problems:
- Poor image quality
- Incomplete document capture
- Expired documents
- Wrong document types
- Mismatched information
Resolution strategies:
- Retake photos with better lighting
- Ensure all document edges are visible
- Use current, valid documents
- Double-check information accuracy
- Contact support for clarification
Document resubmission typically adds 4-8 hours to verification time.
Information Accuracy Issues
Incorrect information entry creates verification delays and potential account restrictions. Accuracy checking prevents these issues.
Information verification points:
- Name spelling consistency
- Address format accuracy
- Date format correctness
- Contact information validity
- Occupation category selection
Information Type | Common Errors | Prevention Method |
Name | Spelling variations | Copy from document |
Address | Incomplete details | Use complete address |
Date | Wrong format | Use DD/MM/YYYY |
Phone | Incorrect format | Include country code |
Information corrections may require document resubmission and extend verification time.
Security Measures and Account Protection
Account security involves multiple layers of protection during and after registration. Understanding security measures helps maintain account safety.
Two-Factor Authentication Setup
Two-factor authentication (2FA) provides additional account security. Setup occurs during registration or can be activated later.
2FA options available:
- SMS verification
- Email verification
- Authenticator apps
- Hardware tokens
2FA Method | Security Level | Setup Difficulty |
SMS | Medium | Easy |
Low | Easy | |
Authenticator App | High | Medium |
Hardware Token | Very High | Difficult |
2FA setup process:
- Access security settings
- Choose authentication method
- Verify phone number or email
- Test authentication process
- Save backup codes
Password Security Requirements
Strong passwords protect account access and trading funds. Password policies ensure minimum security standards.
Password policy requirements:
- Minimum 8 characters length
- Mixed case letters required
- Numbers inclusion mandatory
- Special characters required
- No common dictionary words
Password management tips:
- Use unique passwords for trading accounts
- Enable password managers
- Regular password updates
- Avoid sharing login credentials
- Monitor account access logs
Philippines-Specific Considerations
Philippine residents face specific regulatory and practical considerations during registration. Understanding local requirements ensures smooth registration completion.
Regulatory Compliance
Philippine financial regulations affect trading account registration. Compliance with local laws ensures account approval and ongoing access.
Regulatory considerations:
- Anti-money laundering requirements
- Foreign exchange regulations
- Tax reporting obligations
- Central bank guidelines
- Consumer protection rules
BSP (Bangko Sentral ng Pilipinas) guidelines:
- Foreign exchange transaction reporting
- Documentation requirements
- Investment limitations
- Risk disclosure requirements
Local Banking Integration
Banking integration facilitates deposits and withdrawals for Philippine residents. Understanding banking procedures improves account functionality.
Supported Philippine banks:
- BPI (Bank of the Philippine Islands)
- BDO (Banco de Oro)
- Metrobank
- Landbank
- PNB (Philippine National Bank)
Banking integration requirements:
- Account verification with local bank
- Consistent name matching
- Valid banking documentation
- Compliance with banking regulations
Bank | Processing Time | Fees | Minimum Amount |
BPI | 1-2 days | Variable | PHP 1,000 |
BDO | 1-2 days | Variable | PHP 1,000 |
Metrobank | 1-3 days | Variable | PHP 1,000 |
Others | 2-3 days | Variable | PHP 1,000 |
Frequently Asked Questions
How long does Exness registration take for Philippine residents?
Registration typically takes 4-24 hours for standard accounts and 24-72 hours for professional accounts, depending on document verification speed and current application volume.
What documents are required for Philippine residents to register with Exness?
Philippine residents need valid government-issued ID (passport, driver’s license, UMID, or PhilSys ID) and address verification (utility bill, bank statement, or barangay certificate issued within 3-6 months).
Can I register an Exness account using a Philippine mobile number?
Yes, Philippine mobile numbers are accepted during registration. Use the format +63 followed by your mobile number without the leading zero.
What should I do if my documents are rejected during verification?
If documents are rejected, review the rejection reasons provided, retake photos with better quality, ensure all information is clearly visible, and resubmit through your personal area.
Are there any restrictions for Philippine residents registering with Exness?
Philippine residents must comply with local BSP regulations regarding foreign exchange transactions and may need to report certain activities according to local tax and regulatory requirements.