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Exness Account Types: What the Type Sets and What the Instrument Sets (Namibia)

One pair opened on two account types is charged two different ways, and one account type used on two instruments holds two different margins. The conditions in front of you are the product of two tables, read in that order.

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Conditions on a trade come from two tables, not one. The account type fixes the model: whether the charge sits inside the spread alone or arrives as spread plus a per-lot commission, and whether an overnight charge is applied at all. The instrument fixes the amount that model produces: how wide the spread runs on that symbol, the margin rate written into its specification, its rollover schedule. Read the type first and the instrument second — the same pair on two types is charged two ways, and one type across two instruments holds two different margins.

Which of the two tables sets which condition

Which axis sets what

Condition in front of youSet by the account typeSet by the instrument
How the charge is takenSpread only, or spread plus a per-lot commissionHow wide that spread runs on this symbol
Margin locked by one positionThe leverage ceiling attached to the accountThe margin rate written into the symbol specification
Overnight costWhether an overnight charge is applied to the account at allThe rollover schedule and direction for the symbol
What a change re-pricesEvery symbol traded on the account, at onceOnly that one symbol
Reading orderFirst — it decides which model you are underSecond — it decides the amount under that model

One pair, two account types

Keep the symbol fixed and move the account type. Nothing about the symbol has changed: the same quote stream, the same specification, the same session. What changed is the model the fill is charged under — on one type the whole charge is folded into the spread, on another it is split between a tighter spread and a commission billed per lot.

This is why a like-for-like comparison of two accounts on the same chart is misleading until the model is named. Two traders can watch the same candle, open the same size and end the day with different numbers without either of them doing anything unusual.

One account type, two instruments

Now hold the type still and move the instrument. The model does not move with you — the charge is still taken the same way — but every number it produces does. Margin is held against the instrument specification, so the sum locked by one position on a metal and one position on a major pair have no reason to match even at identical volume.

The overnight side splits the same way. Whether the account is subject to an overnight charge is settled on the first axis; the schedule that decides which nights are counted, and in which direction, is written against the symbol.

What the second table cannot undo

The order matters because the axes are not symmetrical. Choosing a symbol never changes the model you are under; choosing a type re-prices every symbol you touch at once. A reader who starts from the instrument table ends up attributing to the symbol what the account has already decided, and then wonders why the same symbol behaves differently on a colleague screen.

The practical version is short. Settle the model first, because it applies to everything and is the slower thing to change. Then look up the specification of each symbol you actually intend to trade, because that is where the model turns into a number.

Reading the two tables in order

  1. Name the model first: is the charge inside the spread alone, or spread plus a per-lot commission?
  2. Note what the account decides on its own — the leverage ceiling and whether an overnight charge applies.
  3. Only then open the specification of the symbol you intend to trade.
  4. Read the margin rate and the rollover schedule from the symbol, not from the account.
  5. Re-run step three for every additional symbol; the account answers from step one do not need repeating.

Changing the account type sends you back to step one for every symbol; adding a symbol sends you back to step three only.

What a change on each axis touches

Change madeRe-pricesLeaves alone
Moving the same strategy to another account typeEvery symbol traded on itThe symbol specifications themselves
Adding a new instrument on the same account typeOnly the new positionEverything already open
Raising the leverage setting on the accountThe margin held on open and future positionsThe way the charge is taken

Both axes are read for every trade; only the first one is read once per account.

Frequently asked questions

Why is the same currency pair charged differently on two account types?
Because the type, not the symbol, decides the model. On one type the charge is folded entirely into the spread; on another it is split between a tighter spread and a per-lot commission. The pair is identical on both.
Which of the two tables should be read first?
The account type. It applies to every symbol at once and is the slower of the two to change, so settling it first stops you attributing to a symbol what the account already decided.
If the account type is already chosen, does the instrument still change the conditions?
Yes. The model stays fixed, but every number it produces moves: the width of the spread on that symbol, the margin rate in its specification and its rollover schedule are all read from the instrument.
Does changing the account type change what a symbol costs to hold overnight?
Partly. Whether an overnight charge applies at all is an account-side setting; the schedule and direction that decide how it is counted stay with the symbol.
Why do two positions of the same size lock different margin?
Margin is held against the instrument specification rather than the account, so two symbols at identical volume have no reason to lock the same sum.
What does a change of account type leave untouched?
The symbol specifications. Contract terms, margin rates and rollover schedules are properties of the instrument and survive a move from one account type to another.

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