Account types: the note that explains the choice — Ethiopia
An account type is picked once, on grounds that feel obvious that day. A month later the account still states which type is open, and nothing states why. This page is about that gap.
For a beginner the choice is Standard or Standard Cent. Standard has no minimum deposit; Standard Cent counts the balance in cents, so mistakes cost cents instead of dollars. Picking one takes a minute. The work is in the sentence beside the name — the only part still here in a month.
Two records of one choice
The account keeps its own. The Exness personal area — the private dashboard you get after signing up — states which type is open and which are available: always current, and silent about reasons.
Exact conditions and minimums are shown during sign-up, before any money is sent. Whatever is wanted back from that screen later leaves it in handwriting.
Four grounds worth writing beside the name
A usable line is not the name — the account has that. It is what made the name fit.
| The ground | What made it true on the day | Where it stands a month later |
|---|---|---|
| The amount | The sum you could lose entirely was small, so the unit had to match. A cent account counts in cents: $10 shows as roughly 1,000 small units, trades about 100 times smaller. | The balance shows what is left, not what you were prepared to lose. |
| The unit you read all day | Whole dollars and regular-size trades, with no smallest amount asked of you: Standard has no minimum deposit. | The unit stays visible; the reason for it fades in weeks. |
| Overnight holding | Hold one overnight and a small charge called a swap may apply; the platform shows it beforehand. A swap-free option exists, where the charge does not apply. | If the habit changes, this line shows the ground moved, not the account. |
| The names set aside | Pro, Raw Spread and Zero were skipped on purpose — professional accounts for experienced traders with specific needs around pricing and costs. | A decision not taken leaves no trace, so the comparing restarts. |
The same line, read three times
A line about an account is written for three later readings; only the third tests it.
| When it is read | What memory still supplies | What only the line supplies |
|---|---|---|
| A few days later | Almost everything: the day, the screen, the amount. | Nothing yet. This is the reading where most people stop writing. |
| About a month later | The name, roughly the amount, none of the reasoning. | The ground. A line saying only «seemed easier» fails here, quietly. |
| Two or three months on | Nothing reliable. Everything done since has written over it. | Whether the choice followed the reasons, or the reasons were assembled afterwards. |
When the line and the account disagree
Sooner or later the note says one thing and the account another. Neither is broken: the account is right about the fact, the line about the day it was written. The gap dates a change nobody entered.
The repair is to add, not correct: keep the old line, write today’s underneath. Rewriting it to match the present destroys the only thing it held. A ground that turned out wrong is worth more on the reread than one that held.
The line written before the choice exists
Nothing has to be picked today. On a demo account you trade with virtual money instead of your own — free, no time limit, no documents needed — so write down what you were trying to find out before the practice starts. Afterwards nothing else separates a finished question from an abandoned one. Read the basic safety rules before any deposit.
What the note will not do
It records what you believed, not whether you were right. No account type makes trading safe or profitable — the choice only decides how big your steps are while you learn. Results on demo don’t guarantee the same on a real account: real money changes how a decision feels.
Questions that arrive a month later
The account was chosen months ago and the reason is gone. Can it be recovered?
Not from the account: the personal area states what is open, never why. Write today’s ground beside the name.
What has to sit next to the name for the line to still read in a month?
The amount you could lose entirely, the unit you wanted, and what would make the choice wrong.
The lines from the first week are unreadable now. Were they wasted?
They were written for a memory that has since gone. They still show what you did not know to record.
The note and the account list disagree. Which one gets corrected?
Neither. The gap marks a change nobody entered, so a fresh line goes under the old one.
A ground written down then turned out to be wrong. Is that line deleted?
It is kept. A wrong ground shows which sort of reason not to lean on next time.
Nothing changed this month. Is there still something to write?
One line: the reasons still hold. Unbroken stretches are what make a later change readable.
Is a demo choice worth a line, when nothing real was decided?
Yes. What you meant to find out carries over; the figures do not.
How long is the note about this choice worth keeping?
Until it is made again on purpose, with fresh grounds written down. The old entry stays underneath.
Keep going
Nothing has to be decided today.
A free demo runs before any name is chosen: virtual money, real prices, no time limit.
The button is a partner link — it leads to the official exness.com sign-up page.
Open a free demo at Exness