About Exobit
Overview
Exobit is a forex and CFD broker registered in the United Kingdom, founded on 25 April 2021. The broker markets itself as an online trading provider serving retail and institutional clients. According to public records, Exobit operates through its website at exobit.io.
As a UK-registered entity, Exobit falls under the jurisdiction of British corporate law, though no specific financial regulatory licences have been confirmed for the broker. This lack of regulatory oversight is a key factor for potential clients to consider before engaging with the platform.
Regulation and Safety
Our records indicate that Exobit does not hold a licence from any recognised financial regulator, such as the Financial Conduct Authority (FCA) in the UK or other major oversight bodies. This means traders are not protected by compensation schemes or dispute resolution mechanisms typically provided by regulated brokers.
Without a regulatory framework, the broker's operations are not subject to standard audits or compliance checks required of licensed firms. This absence of oversight introduces a higher degree of counterparty risk, and traders should exercise extreme caution when considering an account with Exobit.
Account Types
Exobit offers five account tiers: Presidential, Executive, Platinum, Premium, and Green. Each account carries a different maximum leverage level, ranging from 1:100 on the Green account up to 1:400 on the Executive account. Notably, no minimum deposit requirements are provided for any of the account types.
The highest leverage of 1:400 allows for significant market exposure, which can amplify both gains and losses. The broker does not specify the instruments or trading conditions available on each account tier, leaving traders with limited information to compare the offerings.
Trading Platforms and Instruments
Exobit claims to offer forex and CFDs through its web-based platform. However, specific details about the trading platform itself, such as its name or features, are not disclosed. Similarly, the full list of tradable instruments—including currency pairs, indices, commodities, or shares—remains unspecified.
This lack of transparency regarding trading infrastructure and asset availability is unusual for a broker and may indicate limited operational maturity. Traders seeking clarity on execution, charting tools, or order types will find little information from Exobit's public facing materials.
Conclusion
Exobit presents itself as a forex and CFD broker but operates without any apparent regulatory licence. The account structure offers varying leverage levels, but complete details on deposits and trading conditions are absent. For traders prioritising safety and regulatory protection, Exobit represents a high-risk option.
Given the minimal publicly available information and the lack of independent reviews, prospective clients should conduct thorough due diligence before committing funds. The broker's registration in the UK offers no financial guarantee, as corporate registration does not equate to regulatory authorisation.
Overview compiled by FXCanary from regulatory records and public data. full Exobit review