Many people like to make quick money on the side, but have you ever considered the possibility of doubling your money in just 24 hours? At first glance, this might seem too good to be true. In this article, I will explore more than 5 different methods on How To Double Money In 24 Hours
However, by mastering the art of money management and strategic investments, you can leverage your capital and create additional income streams for yourself.
These are strategies I’ve been experimenting with for years, so if you’re eager to make your money work harder for you, this post is a must-read!”
Disclosure: Doubling your money in 24 hours is an extremely risky and unrealistic goal. While there are investment opportunities that offer potentially high returns, they also come with a very high level of risk, and there are no guarantees.
In fact, trying to double your money in such a short timeframe is often associated with scams or fraudulent schemes.
The Best Ways To Double Money In 24 Hours
Before we talk about how to double your money in one day, there’s an important thing to keep in mind. In this post, you’ll find some ideas for side hustles, which are ways to use your money to try and double it actively.
On the other hand, there are also passive income ideas, which involve making your money work for you to generate more money.
No matter which route you choose, it’s a good idea to consult with a financial expert if you’re not sure what’s right for your specific financial situation.
Also, think about how comfortable you are with taking risks and what your overall financial goals are before you start.
If you’re ready to learn how to double your money in a day, let’s get started!
Start Forex trading with Exness to Double Money In 24 Hours
One of the methods that some people consider for doubling their money in a day is engaging in Forex trading. Forex, short for foreign exchange, involves trading currencies, and it can be done through various brokers.
Exness is one such broker, known for its features like fully automatic withdrawal. If you’re interested in learning more about Exness and how it works, read on to find out more.
1. What is Exness?
Exness is a forex broker. Forex stands for “foreign exchange,” and it’s a global marketplace where traders buy and sell currencies. Forex trading involves exchanging one currency for another, and it’s one of the largest and most liquid financial markets in the world.
Exness, as a forex broker, provides a platform and services that enable individuals and institutions to participate in forex trading.
They offer traders the ability to open trading accounts, access currency pairs for trading, execute trades and manage their portfolios in the forex market.
Exness is known for certain features, such as its fully automatic withdrawal system, which allows traders to easily withdraw their funds from their trading accounts.
They may also offer various trading tools, educational resources, and customer support to assist traders in making informed decisions in the forex market.
It’s essential for anyone interested in forex trading with Exness or any other broker to thoroughly research and understand the risks involved in trading currencies and to ensure they have the necessary knowledge and risk tolerance before getting involved in this financial market.
2. How to open an account with exness?
To open an account with Exness, you can follow these general steps. Keep in mind that the specific process may vary slightly depending on your location and the regulations in your country:
2.1 Go to the official website:
- Visit the Exness Website: Go to the official Exness website (Official website).
- Choose Type: On the Exness dashboard, you find 2 buttons, 1. Register, 2. To try a free demo you need to click on Register Button.
2.2 Fill Out the Registration Form:
Here You will be asked to provide general information, like Country/region of residence, email address, and password, and leave the partner code blank.
2.3 Choose account type:
You have two options:
- Demo Account
- Real Account
Please select the Real Account option. Once you click on it, you will be directed to a new screen that will appear as follows.
2.4 Complete your profile
Now, please click on the “Complete Profile” button and follow the on-screen instructions to complete your identity verification. Once you have been successfully verified, you will be able to make a deposit.
2.5 Complete profile verifications
After clicking on “Complete Profile,” you will be redirected to another window where you will encounter three steps to verify your identity. These steps include:
- Verify email
- Verify Mobile numbers
- Personal Informations
2.6 Agree to Terms and Conditions:
Read and agree to Exness’s terms and conditions, as well as any risk disclosure documents.
2.7 Fund Your Account
After your account has been approved and verified, you will need to deposit funds into your trading account. Exness typically provides a range of deposit methods, such as bank transfers, credit/debit cards, and electronic payment systems.
2.8 Start Trading
Once your account is funded, you can log in to your trading platform and commence trading in the forex market. If you’re new to forex trading, it’s advisable to use a demo account offered by Exness to practice trading with virtual funds before venturing with real capital.
You’re nearly finished. Now, to open a trading account, go to your dashboard and click on “Open New Account.” Choose the desired account type; if you ask me, I would recommend the Standard account type. Then, proceed with the following steps, as shown in the image below:
Choose account types
Complete the account opening form, ensuring that you select a maximum leverage of 1:2000. You have the option to change the account nickname, but the default currency should remain as USD.
Choose a password of your preference, but please refrain from using special characters. Afterward, finalize the process by clicking on “Create Account.” Once the process is complete, you will be directed to a new window that looks like this:
You are just a few steps away. Please be patient, and soon you will be able to start trading and potentially double your money within 24 hours. At this point, please take note of your Standard account number. I have encircled it in red on the image above for your reference.
After noting your account number, you have two remaining steps: deposit money and then start trading. To begin, make your deposit. Afterward, click on “Trade,” and you will receive a pop-up image like the one below:
Choosing trading terminal
Here, you’ll notice there are two options: Exness Terminal and MetaTrader 5. Before we proceed with further steps, it’s important to understand what Exness Terminal and MetaTrader 5 are and how they differ from each other. Let’s explore these options:
- Exness Terminal: Exness Terminal is a proprietary trading platform provided by Exness. It’s designed to offer a user-friendly interface for trading various financial instruments, including forex. It may have unique features and tools specific to Exness.
- MetaTrader 5 (MT5): MetaTrader 5 is a widely used and highly regarded trading platform in the forex and financial markets. It’s known for its advanced charting tools, technical indicators, and automated trading capabilities. MT5 is popular among traders for its versatility and compatibility with multiple brokers.
The key difference between the two lies in their origin and functionality. Exness Terminal is Exness’ in-house trading platform, while MetaTrader 5 is a third-party platform known for its extensive features and broader use across various brokers.
Understanding these distinctions will help you make an informed choice based on your trading preferences and requirements.
What is Exness terminal?
The Exness Terminal is a trading platform provided by Exness, a forex broker. It’s like software that traders use to buy and sell currencies. It comes in two versions: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can use it on computers, phones, or web browsers.
It has tools for analyzing prices, technical indicators, and allows traders to place trades. Beginners can practice with a demo account before using real money. It’s important to learn how to use it properly before trading for real.
What is MetaTrader 5?
MetaTrader 5 (MT5) is a popular trading platform used for trading various financial assets like forex, stocks, and commodities. It offers advanced charting tools, supports automated trading with Expert Advisors (EAs), and provides market depth information.
Traders can use it on desktop, mobile, or web, and it’s known for its security and reliability. MT5 is a versatile platform used by traders worldwide to make informed trading decisions.
What is the different between exness terminal and metatrader 5
Exness Terminal and MetaTrader 5 (MT5) are related but distinct concepts:
- Exness Terminal:
- Refers to the trading platform provided by the Exness forex broker.
- Typically includes versions of both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
- May have additional features or customization options specific to Exness.
- MetaTrader 5 (MT5):
- Is a standalone trading platform developed by MetaQuotes.
- Offers access to various financial markets, including forex, stocks, commodities, and more.
- Provides advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs).
In summary, Exness Terminal may encompass both MT4 and MT5 platforms, along with any specific features or tools provided by Exness.
MT5, on the other hand, is a trading platform developed by MetaQuotes and can be used independently by traders in various brokerages, not just Exness. The choice between the two depends on the trader’s preference and the specific offerings of the broker.
Final step
Now you well know the both trading platform, You are 100% free to choose any of them. I f you ask me I ‘ll recommend choose MetaTraders 5
How to start trading with Metatraders 5
Once you have made your selection, if you have chosen to go with MetaTrader 5, please follow these steps. Otherwise, you can close the window at this point.
Steps – 1
Click on “MetaTrader 5” and follow the on-screen instructions. Once you click on it, you will receive information on how to connect MetaTrader 5 with Exness. Please refer to the image below for guidance:
Two crucial pieces of information to note down are the Server Type and your MetaTrader 5 (Meta5) login ID and password.
These details will be necessary when connecting Meta5 with Exness, as you will be prompted to provide them during the setup process. Please ensure you have these details handy for a smooth connection.
Step 2:
Now, it’s time for the final step. Let’s download MetaTrader 5 (Meta5) trader on your computer or mobile device and log in using the previously noted details.
Please refer to the image below for guidance. Download MetaTrader 5 on your PC or mobile device, install it, and once the installation is complete, open the application and follow the on-screen instructions.
Disclaimer: Double Money In 24 Hours
Please be aware that this website may contain affiliate links, and we may earn commissions for purchases or actions made through these links. These commissions help support the maintenance and operation of the site. We only promote products, services, or platforms that we believe in and have personally tested.
Forex Trading Disclaimer: In this article, I will explore more than 5 different methods on How To Double Money In 24 Hours, trading in the foreign exchange (forex) market involves a high level of risk and may not be suitable for all investors. The information provided on this website or platform is for educational and informational purposes only and should not be considered as financial advice.
Before engaging in forex trading, please ensure you understand the risks involved and consider your financial situation carefully. Past performance is not indicative of future results, and it’s possible to lose more than your initial investment
