Zero Spread Accounts for Exness Philippines Traders

Exness offers Zero Spread account options for Philippine traders seeking minimal trading costs. This guide explains account structures, fees, and trading considerations for zero spread environments.

Zero Spread Account Types for Philippine Traders

Zero Account Specifications

Feature Specification Details
Minimum Spread 0 pips No spread on major pairs
Commission Yes Fee-based model
Minimum Deposit $200 Entry requirement
Maximum Leverage Up to 1:2000 Based on balance
Available Markets Forex, metals, indices 100+ instruments
Platform Options MT4, MT5, Web Terminal Multiple access methods

Raw Spread Account Alternative

Feature Specification Comparison to Zero
Minimum Spread From 0 pips Similar to Zero
Commission $3.5 per lot Different fee structure
Minimum Deposit $200 Same requirement
Available Markets Forex, metals, indices, crypto More instruments
exness

Understanding Zero Spread Pricing Structure

Zero spread accounts operate on commission-based models rather than spread-based compensation.

Cost Comparison with Standard Accounts

Account Type Spread Commission Total Cost Example (1 lot EUR/USD)
Standard Account 1.0 pips avg. $0 $10 equivalent (spread only)
Zero Spread 0 pips $4.5 per side 9(9 (9(4.5 × 2 sides)
Raw Spread 0.1 pips avg. $3.5 per lot 8.5(8.5 (8.5(3.5 × 2 + spread)
Note: Costs may vary based on market conditions and instrument

Benefits of Zero Spread Trading for Philippine Users

Trading Strategy Advantages

  1. Scalping Viability: Minimal costs for short-term trades
  2. News Trading: Execute during volatility without spread widening
  3. High-Volume Trading: Lower total costs for frequent traders
  4. Transparent Pricing: Separation of market price and broker costs

Market Execution Benefits

Execution Aspect Benefit to Trader
No Requotes Orders filled at requested price
Faster Execution Reduced slippage
Consistent Costs Fixed commission regardless of volatility

Trading Instruments with Zero Spread

Zero spread accounts provide access to multiple asset classes:

  1. Forex Pairs: Major, minor, and exotic currency pairs
  2. Precious Metals: Gold, Silver, Platinum, Palladium
  3. Indices: Major global stock indices
  4. Energies: Crude oil and natural gas

Opening a Zero Spread Account in Philippines

  1. Visit the official Exness website
  2. Register a Personal Area account if new to Exness
  3. Complete verification requirements
  4. Navigate to “Open Trading Account” section
  5. Select “Zero” account type
  6. Choose base currency and accept terms
  7. Fund account with minimum $200 deposit
exness

Risk Management with Zero Spread Accounts

Position Sizing Considerations

  1. Include commission costs when calculating position size
  2. Factor total trading costs into risk percentage per trade
  3. Consider overnight swap rates for positions held beyond one day
  4. Monitor margin requirements which remain unchanged

Trading Platforms for Zero Spread Accounts

Zero Spread accounts function across Exness trading platforms:

  1. MetaTrader 4: Traditional platform with basic analysis tools
  2. MetaTrader 5: Advanced platform with enhanced features
  3. Web Terminal: Browser-based trading without downloads

Mobile Applications: Trading via Android and iOS devices

Stop Loss Strategy

  1. Calculate stop loss incorporating commission costs
  2. Avoid extremely tight stops that cannot overcome commission
  3. Set take profit targets accounting for round-trip commission

Trading Strategies for Zero Spread Accounts

Recommended Approaches

Strategy Type

Zero Spread Advantage

Scalping

Fixed, predictable costs

News Trading

No spread widening during volatility

Breakout Trading

Exact entry price without spread

Technical Trading

Precise entry/exit levels

Frequently Asked Questions

Commissions are charged separately when opening and closing positions, based on the trade volume in lots.

Yes, the core Forex pairs maintain zero spreads even during volatile markets, though other instruments may have minimal underlying spreads.

Zero spread accounts benefit high-volume traders and scalpers most, while long-term traders might find standard accounts equally cost-effective.

Leverage up to 1:2000 is available, but decreases with larger account balances in accordance with risk management policies.