Abstract:Exclusive Markets is a financial services provider founded in 2020, offering trading services in various financial markets, including forex, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies with different account types through the leading MT4/5. As for regulation, Exclusive Markets operates in Seychelles and is registered with the Financial Services Authority (FSA) of Seychelles (License No. SD031), however, it is offshore.
Exclusive Markets Review Summary in 10 Points | |
Founded | 2020 |
Registered Country/Region | Seychelles |
Regulation | FSA (offshore regulatory) |
Market Instruments | Forex, Metals, Commodities, Indices, CFDs on Stocks, Equities, Bonds, ETFs, Cryptos |
Demo Account | N/A |
Leverage | 1:2000 |
EUR/USD Spread | From 1.5 pips (Standard) |
Trading Platforms | MT4/5 |
Minimum deposit | $0 |
Customer Support | Live chat, phone, email, WhatsApp, Line |
Exclusive Markets is a financial services provider founded in 2020, offering trading services in various financial markets, including forex, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies with different account types through the leading MT4/5. As for regulation, Exclusive Markets operates in Seychelles and is registered with the Financial Services Authority (FSA) of Seychelles (License No. SD031), however, it is offshore.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Exclusive Markets offers a wide range of trading instruments and multiple account types with low minimum deposits, making it accessible to traders of different levels. The availability of high leverage options and competitive spreads, including raw spreads on certain accounts, can be advantageous for experienced traders. However, the lack of regulation and the offshore license raise concerns about the safety of client funds.
Pros | Cons |
• Multiple trading assets and account types | • Offshore regulated by FSA |
• Low minimum deposit requirement | • Regional restrictions |
• MT4 and MT5 supported | • Residents of Canada, Cuba, Iraq, North Korea, Sudan, Syria, The United States, Russia, and Belarus are excluded |
•Various deposit and withdrawal methods with no fees | • Limited trading tools and educational resources |
There are many alternative brokers to Exclusive Markets depending on the specific needs and preferences of the trader. Some popular options include:
CMC Markets - A reputable broker with a wide range of tradable instruments and advanced trading platforms.
RoboForex - A reliable broker offering multiple account types and competitive trading conditions.
Tickmill - A trusted broker known for its low spreads, fast execution, and strong regulatory framework.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
As an unregulated broker, Exclusive Markets carries inherent risks for traders. The offshore regulatory license from the Seychelles Financial Services Authority (FSA, License No. SD031) is not as robust as licenses from reputable financial regulatory bodies. Traders should exercise caution when considering trading with an unregulated broker, as the lack of regulatory oversight may expose them to potential scams or fraudulent activities. It is important for traders to thoroughly research and assess the credibility and reliability of a broker before engaging in any financial transactions.
Exclusive Markets offers investors access to 30,000+ trading instruments, covering various financial markets. Traders have the opportunity to engage in Forex trading, allowing them to trade major and minor currency pairs. Additionally, Exclusive Markets offers trading in precious metals like gold and silver, providing investors with exposure to these valuable commodities. Commodities such as oil, natural gas, and agricultural products are also available for trading.
Furthermore, traders can access a wide selection of global indices, enabling them to participate in the performance of major stock markets worldwide. CFDs on individual stocks, equities, bonds, and ETFs offer further opportunities for investment diversification.
Lastly, Exclusive Markets caters to the growing interest in cryptocurrencies, allowing traders to trade popular digital assets such as Bitcoin, Ethereum, and more. The extensive range of trading instruments offered by Exclusive Markets provides investors with the flexibility to explore different markets and diversify their investment portfolios.
Exclusive Markets offers 5 kinds of account types to cater to the diverse needs of investors. The Cent account is designed for those who prefer to trade with smaller volumes and lower risk, with a minimum deposit requirement of just $5. The Standard and Standard Plus accounts are suitable for traders who are looking for a more traditional trading experience, with a minimum deposit requirement of $5. The Exclusive account is tailored for experienced traders or those who wish to access exclusive features and benefits, requiring a minimum deposit of $500.
Lastly, the Shares account is designed for investors interested in trading individual stocks, but the specific minimum deposit requirement is not specified. By offering different account types, Exclusive Markets aims to provide options that suit the preferences and trading goals of a wide range of investors, ensuring accessibility and flexibility in account selection.
Opening an account with exclusive Markets is a simple and straightforward process, and below is a reference video for traders to follow:
The specified leverage for different account types at Exclusive Markets varies between 1:1 and 1:2000. The Shares account offers a conservative leverage of 1:1, allowing traders to have full control over their positions without the amplification of risk. The Cent account, on the other hand, provides a fixed leverage of 1:500, allowing traders to trade with a higher degree of leverage while still maintaining risk management. For the Standard, Standard Plus, and Exclusive accounts, the leverage goes up to an impressive 1:2000, which can potentially amplify gains but also increase the exposure to losses.
It's essential for traders to fully understand the implications of high leverage and exercise caution when utilizing it, as it can significantly impact the outcome of their trades. Risk management and responsible trading practices should always be a priority when considering the use of leverage.
At Exclusive Markets, traders can expect different spreads and commissions based on their chosen account type. The Cent and Standard accounts offer competitive spreads starting from 1.5 pips, providing traders with relatively affordable trading costs. The Standard Plus account offers even tighter spreads starting from 0.8 pips, which can be appealing for traders looking for more cost-effective trading options. The Exclusive and Shares accounts take it a step further by offering raw spreads from 0 pips, allowing traders to access the market with highly competitive pricing.
When it comes to commissions, the Cent, Standard, and Standard Plus accounts do not have any commissions, making them suitable for traders who prefer commission-free trading. However, the Exclusive account incurs a commission of $7 per round turn lot, while the Shares account has a commission starting from $2.5. Traders should carefully consider the spread and commission structure in relation to their trading strategy and preferences when selecting an account type at Exclusive Markets.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Exclusive Markets | From 1.5 pips (Standard) | No commission (Standard) |
CMC Markets | From 0.7 pips | No commission |
RoboForex | From 0 pips | No commission |
Tickmill | From 0.0 pips | $2 per lot |
Please note that spreads and commissions may vary depending on the account type, market conditions, and trading platform. It's always advisable to check the broker's official website or consult with their customer support for the most up-to-date information on spreads and commissions.
Exclusive Markets provides traders with a robust and versatile trading platform offering the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available for WebTrader, allowing traders to access their accounts conveniently from any web browser without requiring any downloads or installations.
Additionally, traders can access the MT4 and MT5 platforms on their mobile devices, enabling them to trade on the go and stay connected to the markets at all times. The desktop version of the platforms offers a comprehensive range of trading tools, advanced charting capabilities, and a user-friendly interface, empowering traders to execute trades efficiently.
Overall, Exclusive Markets' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platforms |
Exclusive Markets | MT4, MT5, WebTrader |
CMC Markets | Next Generation, MT4, Web Platform |
RoboForex | MT4, MT5, cTrader, R Trader |
Tickmill | MT4, MT5, WebTrader |
Exclusive Markets also offers Social Copy Trading, which allows traders to follow and automatically copy the trades of successful traders, benefiting from their expertise and potentially enhancing their own trading results. With a selection of powerful and flexible trading platforms, Exclusive Markets ensures that traders have access to the tools and features necessary for successful trading experiences.
Exclusive Markets provides traders with a range of valuable trading tools to enhance their trading experience and decision-making process. Traders can benefit from Trading Central, a renowned technical analysis platform that offers in-depth market insights, research reports, and trading signals. This tool helps traders stay informed about market trends and make well-informed trading decisions.
Additionally, Exclusive Markets offers Trading Calendars, which provide important economic events, news releases, and key financial data that can impact the markets. These calendars help traders plan their trading strategies and adjust their positions accordingly.
Moreover, Exclusive Markets offers VPS hosting services, enabling traders to run their trading platforms and expert advisors smoothly without any interruptions or latency issues. The Web TV feature provides real-time market analysis, expert commentary, and educational videos to keep traders updated with the latest market developments.
Lastly, Exclusive Markets offers Trading Signals, which provide traders with trading ideas and recommendations generated by experienced analysts. These signals can assist traders in identifying potential trading opportunities and making timely trade decisions.
With these comprehensive trading tools, Exclusive Markets aims to empower traders with the resources they need to navigate the markets effectively and optimize their trading performance.
Exclusive Markets offers convenient and flexible options for depositing and withdrawing funds. Traders can choose from three main methods, including credit/debit cards (MasterCard), bank wire transfers, and various crypto wallets. This variety allows traders to select the most suitable option based on their preferences and needs.
The minimum initial deposit amount is unlimited, providing flexibility for traders with different investment capacities. Additionally, Exclusive Markets does not charge any fees for deposits and withdrawals, ensuring that traders can efficiently manage their funds without incurring unnecessary costs.
Exclusive Markets | Most other | |
Minimum Deposit | $0 | $100 |
See the deposit/withdrawal fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
Exclusive Markets | Free | Free |
CMC Markets | Free | Free |
RoboForex | Free | Free |
Tickmill | Free | Free |
The company strives to provide prompt processing times, with typical deposits being processed instantly. Withdrawals are processed within 24 business hours, ensuring that traders can access their funds in a timely manner. For withdrawal requests made before 3 p.m. GMT, they will be processed on the same day, further expediting the withdrawal process.
Overall, Exclusive Markets prioritizes the convenience and efficiency of depositing and withdrawing funds, allowing traders to focus on their trading activities without unnecessary delays or fees.
Exclusive Markets provides clients with access to their client portal and website at any time, allowing them to manage their accounts, access trading tools, and obtain important information whenever it is convenient for them. However, it is important to note that the trading hours for different markets may vary. Exclusive Markets provides specific opening hours for each asset in its product description.
For example, Forex trading is available 24 hours a day, Monday to Friday, as it is a global market that operates continuously across different time zones. By providing clear information about the trading hours for each asset, Exclusive Markets ensures that clients are well-informed and can plan their trading activities accordingly.
Exclusive Markets prioritizes excellent customer service and offers multiple channels for clients to reach out for support. Clients can communicate with the broker's support team through live chat, phone, email, WhatsApp, and Line, ensuring that they have various options to choose from based on their preferences.
Additionally, the broker provides a comprehensive Help Center, which serves as a valuable resource for clients to find answers to commonly asked questions and access relevant information about trading and account management. Exclusive Markets also maintains an open and transparent approach by openly disclosing its company address on the website, allowing clients to have a clear point of contact.
Furthermore, clients can stay connected with Exclusive Markets through various social media platforms, including Telegram, Twitter, Facebook, Instagram, YouTube, and LinkedIn, enabling them to receive updates, news, and insights from the broker.
With its multi-channel support and active social media presence, Exclusive Markets demonstrates a commitment to delivering responsive and accessible customer service to its clients.
Pros | Cons |
• Multiple communication channels | • No 24/7 customer support |
Live chat support | |
• Help Center available for self-service support | |
• Social media presence for easy engagement |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Exclusive Markets' customer service.
In conclusion, Exclusive Markets offers extensive trading opportunities with various account types and competitive trading conditions. The availability of multiple trading platforms and tools enhances the trading experience for users.
However, the lack of regulation and offshore license raises concerns about the safety of funds. Additionally, the limited educational resources may hinder the overall user experience. Traders should carefully evaluate the risks and benefits associated with trading on an unregulated platform before making a decision. It is advisable to conduct thorough research and consider alternative regulated brokers that offer a more comprehensive range of services and stronger regulatory oversight.
Is Exclusive Markets legit?
No. Exclusive Markets Seychelles Financial Services Authority (FSA, License No. SD031) license is offshore regulatory.
At Exclusive Markets, are there any regional restrictions for traders?
Yes. Exclusive Markets does not provide services to residents of certain regions, such as Canada, Cuba, Iraq, North Korea, Sudan, Syria, The United States, Russia, Belarus.
Does Exclusive Markets offer the industry leading MT4 & MT5?
Yes. Both MT4 and MT5 are available.
Is Exclusive Markets a good broker for beginners?
No. Exclusive Markets is not a good choice for beginners. Though it advertises very well, it lacks legitimate regulations.
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