Exclusive Markets Review
Rana Adnan | March 30, 2022
Table of Contents
Exclusive Markets is an STP broker that operates from Seychelles. They offer online trading of over 30,000 financial instruments across different asset classes, including forex, metals, commodities, indices, stocks, ETFs, and cryptocurrencies. Clients can access these markets with the robust MetaTrader 5 platform and explore countless trading opportunities ahead. There are various trading account options to choose from.
Broker Pros / Cons
- MetaTrader 5 trading platforms
- Trading tools
- Educational resources
- Multiple financial instruments
- 24/5 customer support
- No USA traders
- No support on weekends
Exclusive Markets is a reputable financial investment services company that allows clients to trade over 30,000 instruments using the MT5 trading platform and some essential trading tools. Traders get to enjoy helpful trading features, including competitive commission fees, low spreads from 0.0 pips, multiple account types, educational resources, and a dedicated customer support team.
Exclusive Markets is a limited liability company incorporated under the laws of the Financial Services Authority (FSA) of Seychelles, with Reg. No.: 8423950-1.
Exclusive Markets does not provide services to citizens/residents of Canada, Cuba, Iran, Iraq, North Korea, Sudan, Syria, Turkey, Belgium, The United States, Latvia, and Switzerland.
Traders are allowed to buy and sell the offered financial instruments using the MT5 trading platform. It is one of the most popular trading platforms amongst forex and CFD traders. The platform was launched in 2010 by MetaQuotes, and it offers reliable order execution, whilst featuring a wide range of technical tools, one-click trading, and stop-loss for risk management.
The MT5 trading platform is available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers, and a mobile trading app that is suited for Android and iOS devices.
Apart from the tools that are built into the MT5 trading platform, traders also benefit from some standalone trading tools that allow for an enhanced trading experience. These include Holiday Calendars, Economic Calendars, Copy Trading, and more.
Traders are provided with a selection of educational resources — Daily Analysis, Announcements, Market Insights, an FAQ section, and more — to improve their trading skills and knowledge.
The broker offers over 30,000 trading instruments, including forex pairs, metals, commodities, indices, stocks, ETFs, and cryptocurrencies.
The following trading account options are available at Exclusive Markets: Standard ($0), Pro ($1,000), and Exclusive ($5,000). Each of the accounts offers access to the MT5 trading platform. The minimum trade size is 0.01 lots and leverage of up to 1:500 is available.
Demo accounts are available. The demo account enables you to practice your trading strategies and familiarise yourself with the brokers trading platform, products and services.
The broker provides traders with a knowledgeable customer support team that is available 24/5 to respond to their trading inquiries. They can be reached through the following contact channels: telephone, email, online contact form, and social media.
Account deposits and withdrawal requests are processed using any of the following payment methods:
- Bank wire transfers
- Credit/Debit Cards: such as Visa, MasterCard, and Maestro
- Online Payment Processors, including Neteller and Skrill
Opening a trading account with Exclusive Markets is easy: simply click on the ‘Register’ button at the top right corner of the website and fill out the form.
What is the Exclusive Markets minimum deposit?
The minimum deposit required by Exclusive Markets is $1.
How do I deposit money into Exclusive Markets?
Exclusive Markets traders can deposit funds to their trading account using any of the following means.
What are Exclusive Markets deposit fees?
Exclusive Markets do not charge any deposit fees but you may be charged a fee depending on your bank or third-party payment provider that you are using.
How do I withdraw money from Exclusive Markets?
Traders can also withdraw funds using the same means of deposit which includes:
What are the Exclusive Markets withdrawal fees?
Exclusive Markets does not charge a withdrawal fee but again, you may incur third-party fees depending on the withdrawal method that you are using.
What is the Exclusive Markets commission fee?
Exclusive Markets have a commission fee from $0 – $5 per side, depending on the account type that you choose and financial instrument that you are trading.
Are there any Exclusive Markets inactivity fees?
There are currently no inactivity fees at Exclusive Markets.
What are the Exclusive Markets account types?
Exclusive Markets have three main trading accounts:
Is there an Exclusive Markets demo account?
Yes, you can open a free demo account with Exclusive Markets that does not expire. It comes preloaded with virtual funds so that you can practice trading online risk free.
What are the Exclusive Markets spreads?
Exclusive Markets have very tight variable spreads from as low as 0.0 pips.
What is the Exclusive Markets leverage?
Exclusive Markets can offer clients a leverage of up to 1:500, depending on your location and previous trading experience.
Do Exclusive Markets allow hedging, scalping, news trading & expert advisors?
Exclusive Markets do not have any restrictions on trading strategies.
Is there an Exclusive Markets Islamic account?
Yes, the Exclusive Markets Islamic Account can be offered upon request.
What are Exclusive Markets trading instruments?
CFDs on Forex, Metals, Commodities, Indices, Stocks, ETFs and Cryptocurrencies.
How do I open an Exclusive Markets live account?
You can open an account with the broker by clicking the register button on the brokers website and completing a short form.
How do I verify my Exclusive Markets account?
You can verify your Exclusive Markets account by providing a proof of identification and up to date proof of address, no more than 6 months old.
What is Exclusive Markets trading platform?
Exclusive Markets provide traders and investors with the powerful and user-friendly MetaTrader 5 platform for desktop, web and mobile trading apps for iOS/Android devices.
Where can I download Exclusive Markets platform?
You can download the Exclusive Markets trading platforms directly from the brokers website, MetaQuotes or the relevant iOS and Android app stores.
Where is Exclusive Markets located?
Exclusive Markets is located in the Seychelles.
Is Exclusive Markets regulated?
Exclusive Markets is regulated by the Financial Services Authority (FSA) of Seychelles.
What countries does Exclusive Markets not accept?
Exclusive Markets do not offer services to certain countries including Canada, Cuba, Iran, Iraq, North Korea, Sudan, Syria, Turkey, Belgium, The United States, Latvia, and Switzerland.
Is Exclusive Markets a scam?
No, we do not believe Exclusive Markets is a scam. They are regulated and offer a range of trading and investing products.
How can I contact Exclusive Markets support?
You can contact Exclusive Markets client support via online chat, telephone, email and various social media channels.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
Based in Seychelles, Exclusive Markets is an online financial services provider that aims to provide traders with suitable resources for trading over 30,000 financial assets via the MT5 trading platforms. They offer several competitive trading conditions, including reasonable transaction costs and spreads, leverage of up to 1:500, educational resources, and trading tools.