Exclusive Markets

Exclusive Markets is a forex and CFD broker established on May 25, 2020, and headquartered in Mahé, Seychelles. The company operates under the legal name Exclusive Markets Ltd and holds a Derivatives Trading License from the Seychelles Financial Services Authority (FSA). With a global footprint that includes offices in Mexico, Dubai, Turkey, Thailand, and other countries, the broker targets international retail traders.

The broker offers trading services in over 5,000 instruments spanning forex, indices, metals, commodities, CFD stocks, CFD cryptocurrencies, CFD ETFs, and equities. It provides five distinct account types to accommodate different trading styles and capital levels, from a micro Cent account to a high-leverage Standard Plus account and a share-focused account.

Exclusive Markets is regulated by the Seychelles FSA under license number SD031. As an offshore regulator, the FSA provides a baseline level of oversight but does not offer the same investor protection schemes found in major financial hubs. The broker states it follows anti-money laundering (AML) and know-your-customer (KYC) procedures. However, traders should note that the FSA license does not guarantee compensation in case of broker insolvency.

Aggregated industry data shows 6 clone or impersonator websites associated with Exclusive Markets, which is a significant red flag. The FXCanary Scam Risk Score for the broker is 43 out of 100, indicating a 'Guarded' risk level. This score takes into account the regulator strength, user complaints, and the presence of clones.

Exclusive Markets offers five live account tiers: - Cent Account: Minimum deposit $10, leverage up to 1:500, spreads from 1.6 pips, no commission. Tradable instruments: FX and metals. - Standard Account: Minimum deposit $100, leverage up to 1:4000, spreads from 1.6 pips, no commission. Instruments: FX, metals, indices, commodities, cryptos, stocks, and ETFs. - Standard Plus Account: Minimum deposit $500, leverage up to 1:4000, spreads from 0.8 pips, no commission.

Same instrument range. - Exclusive Account: Minimum deposit $1,000, leverage up to 1:4000, spreads from 0 pips, $7 commission per lot. Same instrument range. - Shares Account: Minimum deposit $5,000, leverage 1:1, commission from $0.03 per stock. No spread details disclosed.

Each account is designed for different trading preferences, with the Cent account suitable for beginners and the Exclusive account for experienced traders seeking tight spreads.

The broker exclusively offers the MetaTrader 5 (MT5) platform, known for its advanced charting tools, algorithmic trading capabilities, and multi-asset support. MT5 is available on desktop, web, and mobile devices. Exclusive Markets claims instant execution with no delays or slippage.

The instrument selection includes over 60 currency pairs, major indices, precious metals, energy commodities, a range of cryptocurrencies, global stocks, and ETFs. The broker also operates a funded trading program under 'Exclusive Funded', where traders can pass evaluations to receive a funded account.

Exclusive Markets supports two deposit methods disclosed: Skrill and Neteller. The minimum deposit varies by account type, starting from $10 for the Cent account. Withdrawal methods are not specified in detail, but the broker lists 4 withdrawal methods. Processing times are not disclosed in the provided data.

User reviews indicate mixed experiences: some report quick same-day withdrawals, while others face delays or denials. The broker states that withdrawals are processed without unnecessary questions, but 28 withdrawal-related complaints have been recorded in aggregated industry databases.

Spreads at Exclusive Markets vary by account type. The Standard account has spreads from 1.6 pips, Standard Plus from 0.8 pips, and the Exclusive account from 0 pips with a $7 commission per lot. The Cent account also has spreads from 1.6 pips with no commission. The Shares account charges commission from $0.03 per stock. No other fees, such as inactivity or withdrawal fees, are disclosed in the provided data.

Positive user reviews often mention low spreads and competitive trading conditions, while a few negative reviews hint at hidden fees or wider spreads on certain accounts.

Exclusive Markets positions itself as a versatile broker with high leverage options and a wide range of instruments. Its low minimum deposit and multiple account tiers cater to both novice and experienced traders. However, the offshore regulation, presence of clone websites, and a number of profit-payout complaints suggest that traders should exercise caution. The broker may suit those comfortable with higher risk and who prioritize leverage and trading conditions over regulatory safeguards.