Account currency and method currency
Every trading account has an account currency. This is the currency your balance, profit, loss and margin are shown in. Your method currency is the currency your bank card, bank account or wallet holds.
At Exness, Standard account currencies include AED, BND, EUR, INR, KZT, OMR, THB, XOF, ARS, BRL, GBP, JOD, MAD, PHP, UAH, ZAR, AUD, CAD, GHS, JPY, MXN, PKR, UGX, MBT, AZN, CHF, HKD, KES, MYR, QAR, USD, BDT, CNY, HUF, KRW, NGN, SAR, UZS, BHD, EGP, IDR, KWD, NZD, SGD, VND. The Standard Cent account uses cent currencies: USC, EUC, GBC, CHC, AUC, CAC, JPC (MT5/Exness only), IDC (MT5/Exness only), THC (MT5/Exness only), VNC (MT5/Exness only). On a cent account the balance is shown in cents, for example a 5 USD deposit gives a balance of 500 USC.
The payment methods you can use, and the currencies they accept, are shown only in the Personal Area; depends on registered region. We do not list methods here because they differ by country and by account. Check them in your Personal Area.
When conversion happens
Conversion happens whenever money crosses from one currency to another. That can happen at more than one point.
| Situation | Is there a conversion? | Who may convert |
|---|---|---|
| Method currency matches account currency | Usually not on the deposit itself | — |
| Method currency differs from account currency | Yes | The payment provider, your bank or the broker side |
| Your bank card is in PKR, the method processes in USD | Yes, possibly before the money reaches the broker | Your bank or card network |
| Withdrawal back to a method in a different currency | Yes, again in the other direction | The same parties |
A deposit and a later withdrawal can mean double conversion: once on the way in, once on the way out. Each step can cost you a little.
Before you confirm any deposit, read the amount and rate shown on the confirmation screen in your Personal Area. If the screen shows the credited amount in your account currency, that is the figure that matters.
How the rate and markup change the amount
A reference rate (also called a mid-market rate) is the midpoint between buying and selling prices on the currency market. Banks and payment providers rarely give you this rate. They apply their own rate, and the gap between that rate and the reference rate is the markup.
In words:
- Amount credited = amount sent × rate applied
- Rate applied = reference rate adjusted by the provider's markup
- The bigger the markup, the less you receive
On top of the rate, some methods add a fee. Exness states: Exness covers third-party costs; some deposit fees may apply on specific methods. Your bank or card issuer may also charge its own foreign-transaction fee, which Exness does not control. Check the payment fees page and your bank's tariff.
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Worked example with the converter
Use the converter below to see what your deposit would be worth at a reference rate.
ECB reference rate of 2026-11-11. Banks and brokers apply their own rates and fees.
The converter uses the ECB reference rate. Follow these steps:
- Enter the amount you plan to send in your method currency, for example PKR.
- Choose your account currency, for example USD.
- Note the result. This is the amount before any markup or fee.
- Start the deposit in your Personal Area and look at the amount it says will be credited, before you confirm.
- Compare the results. The difference is the combined cost of markup and fees.
If you are checking USD to PKR for a deposit from a Pakistani bank, also compare with the SBP exchange rates. The SBP rate and the ECB rate are reference rates; your bank's applied rate will differ from both.
Ways to reduce conversion surprises
- Match currencies where possible. If your method holds PKR and PKR is offered as an account currency for your account type, a matching account avoids one conversion. Check what is available when you open the account.
- Remember withdrawals. Funds go to own personal payment accounts only, so the return path is fixed to your own methods. See withdrawal rules.
- Read the confirmation screen, not a rate from the news.
- Know your margin currency. Profit, loss and margin are calculated in the account currency, so exchange-rate moves between PKR and USD change the rupee value of your balance even when you are not trading.
Legal and risk note for Pakistan
On payments, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Also, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. On oversight, per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. Read Law and regulators before you send any money.
Leveraged CFD and forex trading can lose money fast, including the whole deposit. A conversion cost is small compared with that risk.
Frequent questions
Does Exness convert my deposit automatically?
If the method currency and account currency differ, a conversion takes place somewhere in the chain. Check the credited amount shown in your Personal Area before you confirm.
What exchange rate does Exness use?
The rate for your method is not covered in our sources. Check the current condition on the deposit screen in your Personal Area or on the official site.
Why does the converter show a different amount from my deposit screen?
The converter uses the ECB reference rate. Your deposit screen reflects the rate actually applied plus any fees.
Can I have a PKR account?
PKR is in the list of Standard account currencies. It is not in the cent currency list. Availability for your account should be checked when you open it.
Is there a conversion on withdrawal too?
Yes, if the account currency differs from the method currency. See withdrawal methods and deposits and withdrawals.
