Minimum Deposit Options for Exness Trading in Philippines
Start trading with Exness in Philippines using our low minimum deposit options. Open your account today with flexible funding methods.
Understanding Minimum Deposit Requirements at Exness
At Exness, we provide flexible minimum deposit options tailored for traders in Philippines. Our platform suits both novice and seasoned traders with different capital sizes. The minimum deposit depends on your account type and chosen payment method. The Standard and Professional accounts require just $1 USD (around ₱56 PHP), allowing easy access to forex and CFD trading. Raw Spread and Zero accounts have higher minimum deposits but offer advanced trading conditions.
We support popular Philippine payment methods such as local bank transfers, GCash, PayMaya, and international processors. These methods have specific minimum deposit thresholds matching local banking practices. E-wallet payments typically clear instantly, while bank transfers may take 1-3 business days depending on your bank. Deposits are automatically converted to your account currency at competitive rates.
| Account Type | Minimum Deposit USD | Minimum Deposit PHP | Processing Time |
|---|---|---|---|
| Standard | $1 | ₱56 | Instant |
| Pro | $1 | ₱56 | Instant |
| Raw Spread | $200 | ₱11,200 | Instant |
| Zero | $500 | ₱28,000 | Instant |
Account Types and Their Deposit Requirements
Our Standard account is the ideal start for Philippine traders with a minimum deposit of $1. It grants access to over 200 instruments, including major forex pairs like USD/PHP and EUR/USD. Spreads start from 0.3 pips, with leverage up to 1:2000 available. This account balances accessibility with competitive trading conditions.
Professional Account Features
The Professional account shares the $1 minimum deposit but offers enhanced conditions. Traders benefit from tighter spreads, faster trade execution, and advanced professional tools. Swap rates are reduced, helping Philippine traders with longer holding periods.
Raw Spread Account Specifications
Raw Spread accounts require a $200 minimum deposit. This account provides institutional-level trading with spreads from 0.0 pips plus commissions. Execution speed averages 0.1 seconds, suitable for scalpers. Commissions are $3.50 per lot round turn on major pairs.
Direct market access connects traders to our liquidity providers, ensuring no price manipulation and optimal fills. This account type suits active Filipino traders seeking margin efficiency and precise pricing.
Funding Methods Available in Philippines
Exness supports payment methods customized for the Philippine market. Local bank transfers work with BDO, BPI, Metrobank, and Landbank, requiring a minimum deposit of $50 USD. E-wallets such as GCash accept deposits starting at $10 USD, while PayMaya requires $20 USD minimum. These digital wallets offer instant crediting and user-friendly interfaces.
Credit and Debit Card Deposits
Visa and Mastercard from Philippine banks accept deposits starting at $10. Funds appear immediately in your trading account. Cards issued by all major Philippine banks are supported. Amounts over $500 USD trigger additional security checks, usually completed within 24 hours.
Cryptocurrency Deposit Options
Cryptocurrency deposits require a minimum of $50. Supported coins include Bitcoin, Ethereum, Litecoin, and Tether (USDT). Deposits process within 30 minutes after blockchain confirmation. Philippine traders may use local exchanges like Coins.ph to acquire crypto before depositing. Deposits convert automatically to your account currency.
Step-by-Step Deposit Process
Funding your Exness account is straightforward. First, log in to your Personal Area with your registered credentials. Navigate to the “Deposit” section to view payment options available in Philippines. Choose your preferred method and ensure your deposit meets the minimum amount for your account type.
Bank transfers provide detailed instructions including Philippine correspondent bank details and a unique reference number. Complete the transfer via online banking or branch visit. For e-wallets, you are redirected to a secure payment page to authorize the transaction. After payment, return to Exness to see confirmation and updated balance.
- Login to Exness Personal Area
- Click “Deposit” in the menu
- Select your payment method
- Enter deposit amount meeting minimum deposit requirements
- Follow instructions to complete payment
- Wait for confirmation and fund credit
Currency Conversion and Exchange Rates
Exness automatically converts deposits made in Philippine peso using real-time exchange rates updated every few seconds. Currency conversion includes a small 0.5% fee. You can select your account base currency as USD, EUR, or PHP. PHP accounts avoid conversion fees but might have limited instrument options.
Multi-currency wallet features allow holding funds in multiple currencies simultaneously. Currency conversion applies only when trading or withdrawing funds. Large deposits over $10,000 USD may qualify for preferential exchange rates.
| Currency Pair | Typical Spread | Update Frequency | Conversion Fee |
|---|---|---|---|
| USD/PHP | 0.02% | Real-time | 0.5% |
| EUR/PHP | 0.03% | Real-time | 0.5% |
| GBP/PHP | 0.04% | Real-time | 0.5% |
| JPY/PHP | 0.03% | Real-time | 0.5% |
Managing Multiple Currencies
Our system supports simultaneous holding of PHP, USD, and EUR in your wallet. This flexibility enables Philippine traders to deposit PHP and trade USD pairs without manual conversions. Exchange rates used during trade execution reflect interbank rates plus our markup. This ensures competitive pricing for Philippine clients.
Minimum Deposit Verification Requirements
All deposits from Philippines require verification for compliance with BSP regulations. Deposits up to $500 process with basic verification involving email and phone confirmation. For amounts above this, full KYC is mandatory.
Acceptable documents include Philippine passport, driver’s license, or unified multi-purpose ID for identity. Proof of address must be a recent utility bill, bank statement, or government-issued correspondence dated within 90 days. Verification usually completes within 24 hours during Philippine business hours (9 AM to 6 PM PHT).
Enhanced Verification for Large Deposits
Deposits exceeding $2,000 require additional source of funds documentation. This includes bank statements, employer certificates, or business registrations. Premium verification is available for high-net-worth Philippine traders, including video call validation and dedicated account management.
Trading Platform Access After Deposit
After your minimum deposit is confirmed, you gain immediate access to all Exness trading platforms. We offer MetaTrader 4, MetaTrader 5, and our proprietary Exness Terminal. All platforms share the same login credentials and reflect your account balance.
MetaTrader platforms are downloadable for Windows, Mac, iOS, and Android. Philippine traders can download directly from our website or app stores. The Exness Terminal is web-based and requires no download, accessible through any device with internet.
- Real-time quotes for 200+ instruments
- Customizable lot sizes and one-click trading
- Comprehensive charting and technical indicators
- Economic calendar including Philippine market events
- Copy trading options featuring Filipino traders
- Mobile apps with push notifications and biometric login
Platform-Specific Features
Exness Terminal offers social trading integration and advanced risk management tools not found on MetaTrader. MT4 supports extensive expert advisors and custom indicators. MT5 adds more order types and timeframes, ideal for diverse trading strategies.
Mobile Trading Capabilities
Mobile apps for iOS and Android provide full platform functionality, including biometric login and offline chart access. Philippine payment methods appear automatically in these apps. Deposits and withdrawals process through secure channels identical to desktop.
| Platform | Minimum Deposit | Key Features | Philippine Support |
|---|---|---|---|
| MT4 | $1 | EAs, Custom Indicators | Full |
| MT5 | $1 | More Timeframes, Hedging | Full |
| Exness Terminal | $1 | Social Trading, Signals | Full |
| Mobile Apps | $1 | Biometric Login, Alerts | Full |
Deposit Limits and Restrictions
Deposit limits vary by account verification and payment method. Unverified Philippine accounts can deposit up to $500 total. Basic verification increases this to $2,000 per transaction and $10,000 monthly. Full verification removes these caps.
Bank transfers allow up to $50,000 per deposit. E-wallets typically limit deposits to $5,000 per transaction but permit multiple deposits daily. We monitor transactions to comply with Philippine anti-money laundering laws.
Daily and Monthly Limits
Standard accounts have daily limits of $10,000 and monthly limits of $50,000 after full verification. Professional and VIP accounts may receive increased or unlimited limits based on trading volume and history. Limits reset according to Philippine Standard Time (PST).
❓ FAQ
What is the minimum deposit for Philippine traders on Exness?
The minimum deposit starts at $1 USD (approximately ₱56 PHP) for Standard and Professional accounts. Other account types have higher minimum deposits.
Which payment methods can Philippine traders use?
Philippine traders can deposit using local bank transfers (BDO, BPI, etc.), e-wallets like GCash and PayMaya, credit/debit cards, and cryptocurrencies including Bitcoin and Ethereum.
How long does it take for deposits to reflect?
E-wallet and card deposits are instant. Bank transfers may take 1-3 business days depending on the bank’s processing times in Philippines.
Is verification required before depositing?
Basic verification is enough for deposits under $500. Higher deposits require full KYC documents including government-issued ID and proof of address from Philippines.
Can I trade immediately after deposit?
Yes. Once your deposit is processed, you can access all Exness trading platforms and start trading forex and CFDs instantly.
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