Can You Trade on Exness Without Verification?

When signing up for a forex broker, one of the first steps is usually account verification. Many traders in Kenya wonder whether they can trade on Exness without verification and what limitations may apply.

Exness follows Know Your Customer (KYC) regulations to ensure security and compliance with financial authorities, including the Capital Markets Authority (CMA) in Kenya. While you can create an account and explore the platform without verification, there are restrictions on deposits, trading, and withdrawals.

Is Verification Required to Trade on Exness?

Yes, account verification is required to trade with real funds.

When you sign up with Exness, you must complete the identity verification process before accessing full trading features. However, you may be allowed to explore the platform or use a demo account before verification.

Is Verification Required to Trade on Exness?

What Can You Do Without Verification?

When signing up with Exness, traders might wonder what they can do before completing account verification. While Exness allows you to explore the platform, there are important restrictions on deposits, trading, and withdrawals.

Here’s what you can and cannot do on Exness without verification:

1. Sign Up & Create an Exness Account

You can register on Exness with just an email and password.
The account setup process is quick and free.

2. Access the Demo Account (Risk-Free Trading)

You can use virtual funds to practice trading.
A great way to test strategies before using real money.

3. Explore the Trading Platform

Check out MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Exness Terminal.
View available trading instruments (forex, stocks, crypto, etc.).
Learn about spreads, leverage, and trading tools.

4. Set Up Personal Area & Security Features

You can set up your account settings, trading preferences, and notifications.
Enable Two-Factor Authentication (2FA) for added security.

Why Does Exness Require Verification?

Exness requires account verification to ensure a secure, transparent, and legally compliant trading environment. As a regulated forex broker (including by the Capital Markets Authority (CMA) in Kenya), Exness follows Know Your Customer (KYC) policies to protect traders and prevent fraudulent activities.

How Does Exness Verify Accounts? (KYC Process)

To ensure compliance and security, Exness asks traders to provide:

Proof of Identity (POI) – National ID, passport, or driver’s license.
Proof of Residence (POR) – Utility bill or bank statement with address.
Phone & Email Verification – To confirm contact details.

How to Verify Your Exness Account in Kenya?

To fully access Exness trading features, account verification is mandatory. This process ensures security, prevents fraud, and complies with Capital Markets Authority (CMA) regulations in Kenya. Here’s a step-by-step guide on how to verify your Exness account quickly.

1. Sign Up on Exness

Visit Exness Kenya website.
Click “Register” and enter your email, password, and preferred account type.
Verify your email address and phone number via a confirmation code.

2. Submit Proof of Identity (POI)

To confirm your identity, Exness requires a valid government-issued document.

Accepted Documents:

National ID Card (Front & Back)
Passport
Driver’s License

Requirements:

The document must be clear and readable.
Your name, date of birth, and ID number must be visible.
It should be valid (not expired).

3. Submit Proof of Residence (POR)

To verify your location, Exness requires a document showing your residential address.

Accepted Documents:

Utility Bill (Electricity, Water, Internet, etc.)
Bank Statement
Tax Bill or Rental Agreement

Requirements:

Must be issued within the last 6 months.
Must contain your full name and address.
The document must match the details on your Exness account.

4. Wait for Verification Approval

After submitting the required documents, Exness will review your verification.
This process typically takes a few hours, up to 24 hours.
You’ll receive a confirmation email once verified.

5. Start Trading!

Once verified, you can:

Deposit funds using M-Pesa, bank transfer, e-wallets, or crypto.
Trade forex, stocks, and crypto with full access to Exness features.
Withdraw your profits instantly without restrictions.

Common Issues & Solutions

Issue: My verification was rejected.
Solution: Ensure your ID and address proof are clear, valid, and match your Exness account details.

Issue: My proof of residence was not accepted.
Solution: Use a bank statement or a government-issued document instead of a mobile bill.

Issue: Verification is taking too long.
Solution: Contact Exness live support to check the status of your documents.

What Happens If You Don’t Verify Your Account?

Trading Restrictions – You won’t be able to deposit or trade real money.
Withdrawal Blocked – Even if you make profits, you cannot withdraw funds.
Limited Access – Exness may suspend or restrict your account if verification is not completed within a set timeframe.

Conclusion

No, you cannot trade on Exness with real money without verification. While you can sign up, explore the platform, and use a demo account, you must verify your identity before depositing, trading, or withdrawing funds.