Why Verification is Required
Exness, as a regulated broker, adheres to strict international standards to protect its clients and ensure the integrity of financial markets. The verification process is mandatory for the following reasons:
- Regulatory Compliance: Verification is required to comply with global and local regulations, preventing illegal activities like money laundering and fraud.
- Security: Verifying your account ensures that your identity is protected, and only you can access and manage your funds.
- Full Access to Services: Completing the verification process allows you to fully access all trading features and services, including higher deposit and withdrawal limits.
Steps to Verify an Exness Account
- Log in to Your Exness Account. Access your account through the Exness website or mobile app.
- Complete the Personal Information Section. Provide your full name, date of birth, and other personal details as requested. Make sure the information matches your identification documents.
- Submit Proof of Identity. Upload a clear, coloured copy of your passport, national ID card, or driver’s licence. Ensure that the document is valid and contains your full name, photo, and date of birth.
- Submit Proof of Residence. Provide a recent utility bill, bank statement, or other official documents showing your name and address. The document must be dated within the last six months.
- Verification of Documents. Once submitted, Exness will review your documents. This process typically takes a few hours but can take up to 24 hours. You will receive a notification once your account is verified.
Benefits of Completing the Verification Process
- Increased Transaction Limits: Verified accounts enjoy higher deposit and withdrawal limits, providing more flexibility in managing your funds.
- Enhanced Security: Verification significantly reduces the risk of unauthorised access to your account, ensuring that your trading activities remain secure.
- Access to All Features: Completing verification unlocks all trading features and account types, including the ability to participate in promotions and access premium services.
Time Required for Exness Account Verification
Exness takes 1 to 3 business days to verify your account after you submit the required documents. The team checks your proof of identity and residence to meet regulatory rules. If your documents are clear and valid, the process can be faster. Exness may ask for more information if something is unclear. To avoid delays, make sure your documents are up-to-date and easy to read.
Until you complete verification, your account has limits. You may not access full withdrawal options or higher trading limits. Completing verification gives you full access to all features, including secure withdrawals.
What Documents are Required for Exness Verification
For verifying your Exness account, the following documents are required: proof of identity and proof of residence.
Proof of Identity
- Accepted Documents: Passport, National ID card, or Driver’s License.
- Requirements: The document must be valid, clearly display your full name, photograph, and date of birth. The information on the document must match the details you provided during registration.
Proof of Residence
- Accepted Documents: Utility bill (e.g., electricity, water, or gas bill), Bank statement, or any other official document that shows your name and current residential address.
- Requirements: The document must be recent (issued within the last six months) and clearly display your name and address. It should be a recognized document, such as one issued by a utility company, bank, or government entity.
Using Exness Without Verification
You can register and start trading on Exness without full verification, but some limits apply. You can open positions and trade, but withdrawals and larger deposits will be restricted.
Without verification, your trading volume is capped, and withdrawals are limited. To unlock unlimited trading and full access, complete the verification process. If you plan to trade with larger amounts, it’s important to verify your account early for smooth and unrestricted use of the platform.
Common Issues and Solutions
- Document Rejection: If your documents are rejected, it could be due to poor image quality or mismatched information. Ensure all documents are clear and match the details you provided during registration.
- Delayed Verification: If the verification process takes longer than 24 hours, ensure that all documents are correctly uploaded. You can contact Exness customer support for further assistance.
- Address Proof Issues: If you don’t have a utility bill in your name, consider using a bank statement or another official document. The document must clearly display your name and address.
FAQs of Exness Verification Account
How long does the verification process take?
The verification process usually takes a few hours, but it can take up to 24 hours.