How to Open and Use an Exness Cent Account in Pakistan
Step-by-Step Account Opening Process
Log in to Exness Personal Area at exness.com/pk and click the blue “Open Real Account” button at the top-right. Select “Cent Account” from the dropdown, choose PKR as base currency, and adjust the leverage slider (max 1:2000 for Pakistani traders). Pick either MT4 or MT5 platform, then hit the green “Open Account” button.
Your account credentials will display immediately – write down the account number, password, and server details for platform login.
Account Verification Requirements
Pakistani traders must verify their identity before trading. Click “Verification” in the left menu and upload your CNIC, passport, or driving license in the “Identity” section, plus a recent utility bill or bank statement for address proof. Verification usually completes within 24 hours, which beats the 2-3 day wait at some competing brokers.
Funding Your New Cent Account
Click “Deposit” in the left panel, select your new Cent account ID from the dropdown, and choose from Pakistan-specific payment methods. Bank transfers work reliably for most users – though not as instant as some alternatives. Minimum deposit is just Rs2,000, which displays as 200,000 cents in your trading account.
Popular Payment Methods for Pakistani Traders
Payment options that work smoothly in Pakistan:
- Local bank transfers (HBL, UBL, MCB)
- JazzCash and EasyPaisa mobile wallets
- International cards (Visa, Mastercard)
- Cryptocurrency (Bitcoin, Ethereum)
Mobile wallet transfers typically complete within hours, while bank transfers take the usual 1-3 business days that Pakistani banking systems require.
Understanding Cent Account Mechanics
Cent accounts use cent denomination instead of standard currency units – your Rs2,000 deposit shows as 200,000 cents. This makes pip values visually larger, which helps when you’re getting familiar with market movements. Position sizing works differently too; a 0.01 lot equals 1/100th of a standard micro-lot, giving you a smaller financial footprint while maintaining the same market exposure.
| Feature | Specification | Benefit |
|---|---|---|
| Min Deposit | Rs2,000 (200,000 cents) | Low entry barrier |
| Trading Value | 1 PKR = 100 cents | Reduced exposure |
| Spreads | From 0.3 pips | Standard conditions |
| Leverage | Up to 1:2000 | Flexible sizing |
| Instruments | 107 trading pairs | Full access |
How Pakistani Traders Use Cent Accounts
Most Pakistani beginners report feeling less anxious with cent accounts since each trade’s financial impact feels psychologically smaller. The visual cent values make position sizing more intuitive and help reinforce proper risk management habits. Many traders maintain cent accounts alongside standard ones – perfect for testing unproven strategies before scaling up. (I personally keep a small cent account just for testing contrarian setups that might seem too risky otherwise.)
Trading on Your Cent Account
Download MT4/MT5 from the Exness website, enter your credentials, and press F9 to open the order window. Input position size in lots (remembering the cent-based calculation), set your stop-loss and take-profit levels, then click “Buy” or “Sell” to execute. Monitor positions through the “Trade” tab where all values display in cents automatically.
Effective Risk Management Practices
Position sizing principles for cent accounts:
- Limit risk to 1-2% of balance per trade
- Always set stop-loss before entering positions
- Calculate position size based on stop distance
- Use trailing stops on winning trades
Start with 0.01 lot sizes while learning. One clever trick that experienced cent account traders use: set price alerts at psychological round-number levels to avoid making emotional decisions when prices approach significant thresholds.
| Strategy Element | Recommended Setting | Purpose |
|---|---|---|
| Position Size | 0.01-0.03 lots | Limit exposure |
| Stop-Loss | 10-30 pips | Define max loss |
| Take-Profit | 1:1.5+ ratio | Ensure profit potential |
| Max Open Trades | 2-3 positions | Prevent overexposure |
Common Issues Pakistani Users Report
Having connection problems? Verify your server selection (usually Exness-Real for Pakistan) and double-check login details. If MT4/MT5 won’t connect, try using the web terminal as a backup – works through any browser without installation.
Experiencing order execution delays during volatile periods? Use pending orders instead of market orders during major news releases. Setting wider stops prevents getting whipsawed by price spikes – nothing worse than watching price hit your stop then immediately reverse to what would have been a profitable position.
Platform acting glitchy? Restart the application, clear cache through the “Tools” menu, or update to the latest version. MT4 occasionally needs a clean reinstall to fix persistent issues – just export your templates and indicators first.
Moving From Cent to Standard Accounts
When you’re ready to scale up, simply open a standard account through your Personal Area – no additional verification needed for already-verified users. Transfer funds internally with zero fees by selecting “Transfer” from the menu, choosing your Cent account as the source and your standard account as the destination.
