How to Open a New Exness Account in Uzbekistan for 2026: Step-by-Step Guide

A checklist playbook for opening an Exness account in Uzbekistan in 2026: eligibility, central bank and CMDA caution, ID and address documents, registration, soum and dollar funding, safety and scam checks.

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✅ Your mission: finish this page knowing exactly how to open an Exness account in Uzbekistan, with every document, every click and every safety check turned into a tickable list. Print it, bookmark it or copy it into your notes app. Each phase ends with a "done when" test so you know when to move on. 🇺🇿

Tashkent's startup crowd, students in Samarkand, shopkeepers in Fergana and engineers in Navoi are all curious about online trading. The country has opened its currency market since 2017, mobile payment apps are everywhere and young people have access to global platforms. If you want to see the screens as you tick the boxes, you can Open the Exness sign-up form and choose Uzbekistan as your country in a second tab.

⚠️ Legal note before Phase 1: Exness is not licensed in Uzbekistan. Financial activity there falls under the Central Bank and other state bodies, including the Capital Market Development Agency, and officials have warned the public about unlicensed forex activity. An offshore account does not carry the protections of a locally licensed firm. We are an independent publisher: we hold no client funds, manage no accounts and give no legal advice. Confirm your own position with an Uzbek lawyer or your bank.

🧭 The Roadmap at a Glance

  • 📍 Phase 1: eligibility and legal check
  • 📍 Phase 2: documents
  • 📍 Phase 3: account security setup
  • 📍 Phase 4: registration
  • 📍 Phase 5: account type choice
  • 📍 Phase 6: demo practice
  • 📍 Phase 7: payments and costs
  • 📍 Phase 8: risk rules
  • 📍 Phase 9: scam shield
  • 📍 Phase 10: go-live review

Work through them in order. Skipping Phase 3 or Phase 8 is the most common cause of regret.

Tick when done:

  • ☐ I read the Exness Help Center page "Country restrictions for traders using Exness services".
  • ☐ I confirmed that Uzbekistan appears as a country of residence on the live registration form.
  • ☐ I am at least eighteen.
  • ☐ I live in Uzbekistan permanently and legally, and my documents show it.
  • ☐ I will keep one profile, in my own name.
  • ☐ I asked my bank what it needs for a payment to an overseas trading platform.
  • ☐ I asked an accountant about taxes on trading income.

The excluded list covers the United States, Canada, the United Kingdom, most of Europe, Russia, Japan, Singapore and several others. Uzbekistan was not on the version we read. Many Uzbek citizens work in Russia, Korea, Kazakhstan or Turkey. If you live abroad, register in the country where you actually live, with documents from there, and remember that Exness does not accept residents of Russia or South Korea.

Legal notes: we know of no Uzbek rule that makes it an offence for an individual to open an account with an overseas platform, but we are not lawyers. Check recent notices from the Central Bank and the CMDA. Do not accept money from others to trade it, since that may be regulated activity.

Done when: you can answer yes to every box above. 🟢

🪪 Phase 2: Documents

Tick when done:

  • ☐ Identity document: a valid biometric passport or ID card, undamaged, all four corners visible.
  • ☐ Proof of address issued within six months, showing your name and address.
  • ☐ Email address that you will keep for years.
  • ☐ Phone number registered in your own name.
  • ☐ Payment method in your own name.

Address proof options in Uzbekistan:

  • ⚡ electricity bill from the regional power company
  • 🔥 gas bill
  • 💧 water bill
  • 📱 Beeline, Ucell, Mobiuz or UzMobile statement with address
  • 🏦 bank statement
  • 📄 registered rental agreement

Photo checklist:

  • ☐ daylight, no flash
  • ☐ flat dark surface
  • ☐ no filters, crops or edits
  • ☐ original document, not a screenshot
  • ☐ text sharp enough to read at full size

If your documents are in Uzbek or Russian and Exness asks for a translation, a notarised version solves it. If your registration address differs from where you live, bring a rental agreement or letter that matches what you type in the form.

Done when: you have clear photos of ID and address proof stored in a secure folder. 📁

🔐 Phase 3: Account Security Setup

Tick when done:

  • ☐ New email address or an existing one with two-step verification turned on.
  • ☐ A password of at least twelve characters, unique to this service, saved in a password manager.
  • ☐ Two-step verification on your phone's app store account.
  • ☐ Phone software updated.
  • ☐ A written note of recovery methods stored offline.

Why this phase comes before registration: trading accounts hold money, and email takeovers are the commonest way accounts are lost. Never sign in on shared computers or public Wi-Fi, and never install remote-access software at the request of a stranger who says they are helping you recover money. 🛡️

Done when: you could lose your phone tomorrow and still recover everything. 🔒

🖱️ Phase 4: Registration, Click by Click

Tick each step:

  1. ☐ Type the official Exness address yourself or use the link in this article. Check for the padlock.
  2. ☐ Choose Uzbekistan as the country of residence.
  3. ☐ Enter your email and your new password.
  4. ☐ Enter your phone number with the +998 prefix and confirm the SMS code. If the code is slow, move to a place with better coverage before requesting another.
  5. ☐ Confirm the email code.
  6. ☐ Complete the economic profile: employment, income range, savings, source of funds and trading experience, all truthfully.
  7. ☐ Upload ID, then address proof.
  8. ☐ Wait for approval. If compliance asks for more, reply in the same conversation.
  9. ☐ After approval, open a trading account, set the trading password and switch on every security option.

Common mistakes to avoid: mismatched address spelling, a second profile, a bill in someone else's name and exaggerated income.

Done when: you have a verified profile and a demo or live account you can log in to. ✅

🧩 Phase 5: Choose an Account Type

Exness lists Standard, Standard Cent, Pro, Raw Spread and Zero accounts.

Decision checklist:

  • ☐ Do I want no commission and a simple setup? Choose Standard.
  • ☐ Do I want to train at tiny size with real prices? Choose Standard Cent.
  • ☐ Do I have a tested strategy whose edge survives commissions? Only then look at Pro, Raw Spread or Zero.
  • ☐ Did I read the current minimum deposit in my Personal Area?
  • ☐ Did I choose the account currency carefully, knowing that it may be fixed?

Most beginners in Uzbekistan pick US dollars because the platform is dollar-priced and savings are often held in dollars. 📌

🎮 Phase 6: Demo Practice Checklist

You can Launch the free Exness demo and complete your practice checklist before anything else. Treat it as a training course with an exit exam.

Tick before you consider live trading:

  • ☐ At least fifty demo trades.
  • ☐ One pair, one trading window.
  • ☐ Lot sizes identical to what I would use live.
  • ☐ Stop-loss and take-profit set at entry on every trade.
  • ☐ Journal entry for every trade, written within an hour.
  • ☐ At least eighty percent of trades followed my written rules.
  • ☐ A maximum drawdown under ten percent on the demo.
  • ☐ A sample of trades during news so I know how spreads behave.

Remember that demo fills are cleaner than live ones, and virtual losses do not hurt. Expect live results to be slightly worse. 🎯

💳 Phase 7: Payments and Costs

Funding checklist:

  • ☐ I opened the Deposit page in my Personal Area and read the methods available for Uzbekistan today.
  • ☐ I confirmed with my bank whether international online payments are enabled, what limits apply and which rate is used.
  • ☐ I understand that local cards such as Uzcard and Humo may not work directly with foreign platforms.
  • ☐ I will pay only from sources in my own name.
  • ☐ I will make a small test deposit and a small test withdrawal and record timing, fees and rates.
  • ☐ I will keep every receipt and screenshot.
  • ☐ I will not accept anyone offering to deposit for me in cash or through a personal account.

Cost checklist: spread or commission, bank conversion margin from soum to dollars and back, transfer or card fees, swaps on overnight positions and withdrawal fees. On small balances, conversion often costs more than trading. An invented example: you move the soum equivalent of 100 dollars, 94 arrive, and a careful month ends at 97, so half of the early loss came from the money path. 🧮

Uzbekistan uses UTC+5 all year. London opens around noon in European winter, and New York opens in the evening, so the busy overlap falls in the evening. Many people choose one hour after dinner for their window. 🌙

🛡️ Phase 8: Risk Rules, Written Down

Print and sign:

  • ☐ I risk at most one percent of the account per trade.
  • ☐ I stop for the day after losing two percent.
  • ☐ I stop for the month after losing six percent.
  • ☐ I never move a stop-loss further away.
  • ☐ I never add to a losing position.
  • ☐ I never trade when tired, angry or rushed.
  • ☐ I keep used margin below a fifth of equity.
  • ☐ I check the economic calendar every evening.
  • ☐ I write down every trade.

The arithmetic behind the first three lines: lose ten percent and you need about eleven percent to recover; lose half and you need a hundred. Small risk keeps a bad streak survivable. 📉

🕵️ Phase 9: Scam Shield

Warning signs, tick if you see any and walk away:

  • ☐ Guaranteed or fixed monthly returns.
  • ☐ A "manager" who wants your password or remote access.
  • ☐ Pressure to recruit friends or family.
  • ☐ A fee required to release withdrawals.
  • ☐ Telegram or Instagram groups with profit screenshots and luxury cars.
  • ☐ A licence claim with no number you can verify on the regulator's own site.
  • ☐ A broker website you reached through a link sent to you.
  • ☐ Someone posing as support and asking for one-time codes.

If you are cheated: tell your bank at once, keep all messages and records, and report to the police and the relevant financial authority. 🚨

🏁 Phase 10: Go-Live Review

Only go live if every box is ticked:

  • ☐ Demo checklist complete.
  • ☐ Bank has confirmed the payment route.
  • ☐ Documents approved.
  • ☐ Risk rules signed.
  • ☐ Loss limit defined as an amount I can lose without hurting my household.
  • ☐ Family or a trusted friend knows what I am doing.
  • ☐ First deposit will be very small and followed by a test withdrawal.

For comparison shopping, you can Check the Pepperstone account types as a second reference and see how a different provider lays out its accounts. Comparing is healthy. 🔍

📋 Bonus Checklist A: The Pre-Trade Routine (Two Minutes)

Before every single order, run through these questions in order. If any answer is no, you do not trade.

  • ☐ Is the daily chart trend on my side, or am I deliberately trading a range?
  • ☐ Is there a marked level that gives the trade context?
  • ☐ Where exactly is my stop, and what does the idea say about it?
  • ☐ What is the reward-to-risk ratio, and is it at least two to one?
  • ☐ What is the lot size computed from the stop and my one percent rule?
  • ☐ What is the spread right now, and is it normal for this hour?
  • ☐ Is high-impact news due within the next hour?
  • ☐ Have I hit my daily loss limit or taken two losses in a row?
  • ☐ Am I calm, rested and unhurried?

Physical tip: tick the card with a pen for your first month. The act of marking boxes slows impulse and creates a record. Over time you will notice which question stops you most often, and that reveals your habitual weakness. ✍️

📋 Bonus Checklist B: The Evening Review (Ten Minutes)

At the end of each trading day, answer these in the journal.

  • ☐ How many trades did I take, and how many followed the plan?
  • ☐ What were the entry, stop, target and result of each, in dollars?
  • ☐ Did I move any stop, and why?
  • ☐ What was my emotional state at each entry?
  • ☐ Did spreads or slippage behave unusually?
  • ☐ What is one thing I will do differently tomorrow?
  • ☐ What events are on tomorrow's calendar?

Keep entries short enough that you will really do it. Ten honest minutes beat an hour of elaborate analysis that you stop doing after a week. 🌙

📋 Bonus Checklist C: News Day Protocol

On days with major releases such as the US employment report, inflation figures or central-bank decisions:

  • ☐ Mark the release time on your chart.
  • ☐ Decide the night before: stay flat, reduce size or close before.
  • ☐ Do not open new positions in the thirty minutes before the release.
  • ☐ After the release, wait fifteen to thirty minutes for spreads to normalise.
  • ☐ Treat the first move as unreliable, because it often reverses.
  • ☐ Note in the journal how your pair reacted.
  • ☐ If you hold a position through the news, make sure the stop is on the server and the size is half of normal.

Most beginners are best served by staying flat. There is always another setup tomorrow. 📰

📋 Bonus Checklist D: Weekend and Gap Protocol

  • ☐ On Friday afternoon, list open positions.
  • ☐ For each, ask whether I would open it today with the weekend ahead.
  • ☐ Close or halve positions that I would not open fresh.
  • ☐ Check for scheduled political events such as elections over the weekend.
  • ☐ Remember that a gap can jump past the stop and fill at a worse price.
  • ☐ On Sunday evening, read the calendar and refresh levels before the market opens.

A gap occurs when price opens at a different level from the previous close. You cannot remove the risk, but you can size small enough that a gap several times the stop distance would not endanger the account. 🚧

📋 Bonus Checklist E: The Losing Streak Protocol

  • ☐ After three losses in a row, halve the risk per trade.
  • ☐ After five losses in a row, stop for the day.
  • ☐ Review the journal: did I follow the rules on each trade?
  • ☐ If yes, the streak is variance. Continue at reduced size.
  • ☐ If no, the problem is discipline. Return to the demo for a week.
  • ☐ Talk to someone you trust. Secrecy makes losses heavier.
  • ☐ Never double size to recover a loss.

With a forty percent win rate, eight losses in a row happens by chance sooner or later. The skill is surviving it calmly. 📉

📋 Bonus Checklist F: Withdrawal Test

  • ☐ Request a small withdrawal within the first weeks.
  • ☐ Note the time from request to approval and from approval to arrival.
  • ☐ Note the fee, the rate and the method used.
  • ☐ Confirm that the money returned to the source of the deposit if required.
  • ☐ Keep the confirmation and a screenshot of the status.
  • ☐ If anything is unclear, ask support in writing and keep the ticket number.
  • ☐ Repeat the test every few months.

A smooth withdrawal is the best evidence a provider can give you, and a rough one is a signal to slow down before adding funds. 💸

📋 Bonus Checklist G: Records for Banks and Taxes

  • ☐ Save monthly statements from the platform.
  • ☐ Save bank records of deposits and withdrawals.
  • ☐ Take screenshots of exchange rates used.
  • ☐ Keep the journal and a spreadsheet of results.
  • ☐ Store copies in two places, one digital and one printed.
  • ☐ Ask an accountant how profit and losses are treated.
  • ☐ Update the folder each quarter.

If a bank asks about the source of funds or the purpose of a payment, documents are accepted far more readily than explanations from memory. 🗄️

🔬 Deep Dive 1: Why Compliance Asks the Questions It Asks

When you upload documents, a compliance team compares four things: the identity on your ID, the address on your proof, the answers in your economic profile and the payment method you use. They are not trying to make life difficult. Regulated financial businesses must know who their customers are, where the money comes from and whether the person is allowed to use the service from their country. A mismatch in any of the four slows approval or triggers further questions.

Think of it as a four-corner table. If one leg is shorter, the table wobbles. Your name must be spelled the same on every document. Your address must match letter for letter. Your income answers should fit your job. Your card or wallet must carry your own name. Fix any wobble before you submit, and approval is usually a quiet, uneventful matter. 🧩

🔬 Deep Dive 2: What a Stop-Out Looks Like in Real Time

Imagine a 100-dollar account with a position that uses 20 dollars of margin. Price moves against you and the floating loss reaches 60 dollars. Equity is now 40, and margin level, which is equity divided by used margin, is 200 percent. If the loss grows to 80 dollars, equity is 20 and margin level is 100 percent. Brokers set a stop-out level, and when margin level falls to it, the platform starts closing positions, usually the largest loser first.

At this point, the position is closed at whatever price is available, which in fast markets may be worse than the level on your screen. The lesson is simple. Never let a position get near that zone. If your calculation shows that a normal adverse move would approach stop-out, your position is too big, and you should halve it before entering. Treat margin level as a speedometer that you check before every new trade. 🚨

🔬 Deep Dive 3: The Trading Plan as a One-Page Contract

A plan is a short document that tells you what to do when you are tired, excited or scared. Write it in plain words, on one page, and sign it. It should state your purpose, your capital, your risk per trade, your daily and monthly loss limits, the instruments and hours you trade, the setup you take, how you enter and exit and when you review. It should also state what you will not do: no trading after midnight, no adding to losers, no trading around major news without a rule.

Put a copy next to your screen. When you break a rule, write down what happened. After thirty days, review the plan and change only what the data support. A plan that has survived three months of honest use is worth more than any indicator or signal service, because it protects you from the one thing nobody else can fix: yourself. 📝

🔬 Deep Dive 4: Currency Pairs, Explained Without Jargon

A currency pair shows how much of the second currency you need to buy one unit of the first. If EUR/USD is 1.0850, one euro costs 1.0850 dollars. Buying the pair means you expect the euro to rise against the dollar, and selling means the opposite. The first currency is the base and the second is the quote.

Majors include pairs of the dollar against the euro, pound, yen, Swiss franc, Canadian and Australian dollars. They have the tightest spreads and the most information. Minors cross two non-dollar majors, such as EUR/GBP. Exotics involve smaller economies and have wider spreads, bigger swaps and sudden jumps. For your first months, stay with one major. Learn how it moves, when it is active and what news affects it. Depth in one pair beats shallow knowledge of twenty. 💱

🔬 Deep Dive 5: Candles, Patterns and the Limits of Both

A candle records four prices for its period: open, high, low and close. A long body means one side dominated, and a long wick means price went somewhere and was rejected. Patterns such as hammers and engulfing candles have names, and names are shortcuts. They matter more at a level you already marked and on a timeframe you respect, and very little in the middle of nowhere.

Study twenty examples on your own charts. For each, mark what happened over the next several candles and count how often the pattern worked. Many beginners are surprised by how modest the result is. That is fine. A pattern that works fifty-five percent of the time with a good reward-to-risk ratio can be useful, but only if you take every instance and keep costs in mind. 🕯️

🔬 Deep Dive 6: Staying Sane With Open Positions

Many beginners watch each tick as if it were a heartbeat. This produces fatigue, impulsive exits and errors. A trade with a planned stop and target needs no babysitting. Once placed, leave it, and do something else. Set an alert for the levels that matter instead of staring at the chart.

A helpful routine is to check a position at fixed times, such as when you start and end your trading window. If the stop and target are on the server, the platform will act even if you are asleep or in a meeting. Learn to tolerate the discomfort of an open trade without touching it. Doing less is often the better trade. ⏳

🔬 Deep Dive 7: How Brokers Make Money, and Why It Matters to You

Brokers earn from spreads, commissions, swaps and sometimes other fees. Some act as intermediaries who pass orders on, while others take the opposite side of client trades. The structure differs by entity and account type, and you can read the client agreement for details. It matters because it affects how you judge execution quality and conflicts of interest.

You do not need to assume bad faith to be careful. Check the entity that holds your contract, look at its regulator and read the order-execution policy. Compare real fills with quoted prices over several weeks. A broker whose spreads, slippage and withdrawal times match what it says deserves more trust than one whose adverts promise miracles. 🏦

🔬 Deep Dive 8: Moving Averages as Filters

A moving average smooths price by averaging recent closes, so the line shows direction without noise. A fifty-period line on the four-hour chart reveals the medium-term mood, and a two-hundred-period line on the daily chart reveals the long-term one. When price stays above a rising line, buyers lead. When it sits below a falling one, sellers do.

The weakness is lag, because an average is built from the past. In a sideways market it produces many false crossings. Use it to filter: look for buying setups only while price is above your chosen line and ignore the rest. Test one setting on a demo for a month before changing it, since switching lengths after every loss is simply curve-fitting. 📈

🔬 Deep Dive 9: Reward-to-Risk and Win Rate Together

If you risk one unit to make two, you need to win only a little over one trade in three to break even before costs. If you risk two to make one, you must win about two in three. Professionals look at the ratio before entering. A setup with a twenty-pip stop and a realistic target of twenty-five has a poor ratio however attractive the chart.

Place targets at levels where price has a reason to stall, not at numbers that make the ratio look good. Add costs, since spreads and swaps shrink the reward and enlarge the risk. Keep a journal column for planned ratio and actual ratio. The gap between them tells you whether you cut winners short or let losers run. ⚖️

🔬 Deep Dive 10: Interest Rates and Why Currencies Move

Central banks set short-term interest rates. When a bank raises rates, deposits in that currency earn more, which can attract capital and lift it. When it cuts, the reverse can happen. Markets trade expectations, so an expected rise may do little while a surprise causes a jump.

Learn to read the tone of statements rather than guess decisions. Words such as patient, vigilant and data dependent are read as hints. Track inflation, employment and central-bank calendars, and keep a note on which events moved your pair last month. You do not need to predict. You need to know when to be careful. 🏛️

🔬 Deep Dive 11: Your Brain on Losses

A loss triggers a physical response: tight chest, faster pulse, a strong urge to act. The urge says: get it back now. This is why revenge trading is so common, and why it fails so reliably. The antidote is a procedure, not willpower. After a loss, stand up, drink water and write what happened before the next trade. After two losses, stop for the day.

Also separate the person from the result. A well-executed losing trade is a good trade and a lucky win that broke every rule is a bad one. Praise yourself for following the plan, and the money will follow or it will not, but you will know why. 🧠

🔬 Deep Dive 12: Sessions and Your Time Zone

The currency market runs around the clock on weekdays, but activity is uneven. The Asian session is quieter for most majors. London brings the heaviest volume for euro and sterling pairs, and New York follows a few hours later. The overlap of the two is the busiest window for EUR/USD and GBP/USD. After the New York close, liquidity thins, spreads can widen and swaps are charged at rollover.

For someone with a daytime job in Tashkent, the practical choice is often an evening window. A trader who tries to watch every session soon becomes tired and careless. Choose one pair, one window and one setup, and treat the rest of the day as time away from the screen. Consistency in a narrow slot is worth more than constant attention. 🕰️

🔬 Deep Dive 13: Correlation in One Paragraph

Currency pairs share currencies, so many move together. Buying EUR/USD and GBP/USD together is closer to one doubled bet on the dollar than to diversification. Before opening a second position, ask which currency it depends on and whether you already hold that exposure. Count correlated trades as one risk, so that two positions share the one percent rule. Correlations change, so check recent weeks rather than trusting old tables. 🔗

🔬 Deep Dive 14: Demo to Live, Without the Jump Scare

The first live trade feels different even at tiny size. Heart rate rises, you check the screen more often and rules feel optional. That is normal, and it is the reason to start small. Use the same lot size as on demo or smaller, keep the same window and write down how you felt. Spend the first month paying attention to behaviour instead of profit.

After fifty live trades with stable results, you can consider raising size by about a quarter at a time, never after a single big win and never to recover a loss. If size makes you break rules, step back down. Patience here protects you from the commonest cause of failed accounts: moving too fast. 🪜

🧰 Toolkit: Four Things to Learn Before Your First Live Trade

1️⃣ Pips, lots and money

A pip is the fourth decimal on most pairs. On EUR/USD one pip is worth about ten dollars on a standard lot, one dollar on a mini and ten cents on a micro. If you accept a two-dollar loss with a twenty-pip stop, you need ten cents per pip: one micro lot. Say the number out loud before clicking.

2️⃣ Order types

A market order executes now. A limit order waits for a better price. A stop order waits for a worse price to join a move. A stop-loss closes a losing trade and a take-profit closes a winning one. Practise each on the demo until you can state what will happen.

3️⃣ Leverage and margin

Leverage lets you control a bigger position than your deposit, and it multiplies profit and loss. Margin is the part of your balance reserved to hold the position, and stop-out closes positions automatically when margin level falls too low. Size by the stop, not by available margin.

4️⃣ News and spreads

Scheduled releases move prices fast, widen spreads and cause slippage. Mark them in a calendar and decide in advance: stay flat, reduce size or close before the release.

❓ Quick Answers for Uzbek Readers

Do local cards work?

Not necessarily. Uzcard and Humo are domestic networks, and many foreign platforms support other methods. Check your Personal Area and ask your bank.

Can I use Click or Payme?

Only if a method of that kind appears in your Personal Area for your country, and only from an account in your own name.

Can I register while living abroad?

Register in the country where you actually live, with documents from there.

We know of no rule that bans an individual from doing it, but we are not lawyers and rules change. Ask your bank and a lawyer.

How much should I start with?

Begin on a demo. If you go live, use only money whose complete loss would not hurt your household.

🎬 Final Checklist: Your Next Three Moves

  1. 📝 Print the phases and tick Phase 1 today.
  2. 📸 Prepare your documents this week.
  3. 🎮 Start your demo and keep a journal.

🔥 Take action now: open the registration page, complete the security phase and begin your demo. A clear process beats enthusiasm every time, and the people who finish checklists are the ones who still have an account a year from now.

This guide is information, not advice, and each decision to trade is yours.

📌 Important: CFD Risk Warning and Disclosure

CFDs and leveraged forex are complex instruments. Because you trade on margin, a small price move against you can remove a large part of your balance quickly, and a majority of retail traders lose money when trading CFDs. Before you open or fund any account, make sure you understand how leverage, margin, swaps and stop-outs work, and only trade with money you can afford to lose. Examples in this article are illustrations, not forecasts, and past performance is not a reliable guide to future results.

Disclaimer: this article is general information and education only. It is not financial, investment, tax or legal advice, and it is not a recommendation to open an account with any provider. Broker conditions, licences, payment methods and local laws change; confirm the current position on the broker's official website, with the relevant regulator and, where needed, with a qualified adviser.

🔗 Affiliate notice: we may earn a referral commission when readers open accounts via links here; your costs stay the same.