Money basics

Putting money in, getting money out

The biggest worry most new traders have is not about charts. It is: “Will I get my money back out?” This page walks through both directions, in plain words.

Putting money into a trading account is called a deposit. Taking it back out is called a withdrawal. At Exness, the details of any deposit or withdrawal — the options, the cost, the expected time — are shown to you before you confirm anything.

Putting money in: deposits

A deposit is money you move from your everyday finances into your trading account. Once it is there, you can use it to open trades. Until you trade, it just sits in your balance.

How much do you need? Less than most people expect:

On the Standard account, there is no minimum deposit.
Other account options usually start from around $10, depending on the account type and your region.
You never have to guess. The exact minimum is shown during sign-up, before you send any money.

How much should you put in?

Most beginners who lose money lose it the same way: they rush in, skip practice, and put in more than they can afford. So before asking “how much should I deposit?”, ask a harder question: “If this money disappeared completely, would my daily life stay the same?” Deposit only an amount that passes that test. The risk basics page explains this way of thinking.

And remember: you can start with a demo account and deposit nothing at all for now. Practice comes before money.

Taking money out: withdrawals

A withdrawal is the opposite of a deposit: you ask the broker — the company that holds your trading account — to send money back to you. This is the part beginners worry about most, so here is how Exness describes it:

Withdrawals at Exness

The majority of withdrawals are processed automatically, providing quick, 24/7 access to funds.

Processing times may vary depending on the chosen payment method.

“Processed automatically” means a computer system handles most requests, rather than a person reading each one by hand — which is why it works around the clock.

Which options you can use, what each one costs, and how long it is expected to take depend on your region. All of this is shown inside your Exness account area before you confirm a withdrawal. You see the full details first, and only then decide.

One check before your first withdrawal

Before a broker sends money out, it has to be sure it is sending it to the right person. That is why Exness asks new clients to verify their identity — usually by uploading a document that proves who you are. This step is often called verification.

It can feel like a hurdle, but it works in your favour: it makes it much harder for anyone else to take money out of your account, even if they somehow learned your password. It is a standard step across the industry, and you normally go through it once.

A demo account needs none of this — just an email and a password. Documents only matter when real money starts moving. The account opening guide shows the whole process step by step.

What does having an account cost?

Opening an account is free, the demo is completely free, and there is no monthly charge for simply having an account.

Costs appear when you actually trade. The main one is the spread — the small difference between the price you buy at and the price you sell at. You can read what that means in practice in the trading words glossary.

A word about taxes

Whether trading results are taxed — and how — depends on where you live and on your personal situation. The rules are different for everyone. This site cannot give tax advice, and nothing on this page should be read that way. If you are unsure, ask a qualified tax professional. More common questions are collected in the FAQ.

Quick questions

Why does the first withdrawal ask for verification?

Because that is the moment real money leaves your account, the broker must confirm it is going to the account owner and not to someone else. You normally prove your identity once, with documents, and later withdrawals do not usually ask for the full check again. It is protection, not an obstacle.

Are there hidden fees?

The honest answer: the main cost of trading is the spread — the small gap between the buying price and the selling price. A specific deposit or withdrawal can have its own cost depending on the option you choose, and that cost is shown before you confirm the operation. There is no monthly charge for simply having an account.

Keep going

How to open an account

The sign-up and verification process, step by step, with nothing skipped.

See the steps

FAQ

Short, honest answers to the questions beginners actually ask.

Read the answers

Risk basics

How to decide what you can afford — before any money moves.

Learn the rules

Not ready to deposit? That is a good instinct.

Practice on a demo account first — virtual money, no time limit, and mistakes cost nothing. The button below goes through a partner link to the official exness.com website.

Open a free demo at Exness