Can you change currency on an existing Exness account?
Before getting into how to change currency on Exness account, it’s important to clarify one thing: Exness does not allow changing the currency of an existing trading account. Once an account is created with a specific currency, that setting is locked.
However, there is a workaround: you can open a new account under your existing Exness profile and select a different currency during the setup process.
Why currency settings matter
- Deposit and withdrawal fees: Some currencies may carry extra fees when converting.
- Exchange rates: Currency conversion affects trading profit and loss.
- Wallet organization: Having multiple currencies can help separate strategies or regions.
How to change currency on Exness account: the workaround
If you’ve already registered, follow these steps to create a new account with your preferred currency:
- Log in to your Exness Personal Area
Use your email and password to access your dashboard via the official Exness site.
- Add a new trading account
- Click "Open New Account"
- Choose either Standard or Professional type
- Select the desired base currency
- Complete other settings like leverage and platform type
- Fund your new account
Use a compatible payment method that matches your new currency to avoid conversion fees.
- Transfer funds (if needed)
If you have money in your old account, withdraw it first, then re-deposit into the new one. Internal transfers between different currencies are not supported.
Account Currency and Funding Compatibility
| Currency | Supports Local Deposit Methods | Subject to FX Conversion | Recommended For |
|---|---|---|---|
| USD | Yes | No | International traders |
| EUR | Yes | No | EU region traders |
| GBP | Limited | Yes | UK-based strategies |
| NGN | Yes (Nigeria) | No | Localized Nigerian use |
| THB | Yes (Thailand) | No | Southeast Asia |
Differences Between Account Currency and Wallet Currency
| Feature | Account Currency | Wallet Currency |
|---|---|---|
| Affects Trading Directly | Yes | No |
| Can Be Changed After Setup | No | Yes (by support request) |
| Affects Deposit/Withdrawal | Yes | Yes |
| Visible in Trading Terminal | Yes | No |
Additional considerations
When deciding how to change currency on Exness account through a new setup, keep the following in mind:
- Currency choice impacts:
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- Slippage management — due to exchange rate volatility
- Hedging strategies — easier if base currency matches instrument currency
- Multi-account setups — helps isolate risk or region-specific portfolios
- What you can't do:
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- Change currency on an active account
- Convert balances between currencies directly in the platform
- Use internal transfer tools across different currencies
Conclusion
The process of how to change currency on Exness account is less about editing an old setting and more about understanding how Exness structures its account system. Since changing the currency of an existing trading account is not possible, the best approach is to create a new account with the desired currency under your existing profile.
This method ensures clean accounting, optimized deposits and withdrawals, and minimal conversion overhead. Just remember to plan ahead: choosing the right base currency from the start is a small step that saves bigger complications later.
FAQ
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Can I change the currency of my Exness account after registration?
No, the currency of an existing account cannot be changed once it’s set.
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Is it possible to hold multiple currencies in Exness?
Yes, by opening multiple accounts with different currencies under one profile.
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Are there fees for converting currencies?
Yes, if your deposit or withdrawal method involves currency conversion.
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Can I transfer funds between accounts with different currencies?
No, Exness does not support internal transfers between accounts with different base currencies.
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What currency should I choose for my account?
Choose the currency that matches your deposit method and the currency of the instruments you trade most often.