Exclusive Funded FAQs
Your comprehensive guide to getting started with a funded trading account.
General
Challenges
Trading Rules & Guidelines
Eligibility & Registration
Fee & Payouts
Partner Programme
Support & Resources
Miscellaneous
General
- Powered by Exclusive Markets: Exclusive Funded Programme is operated and provided by Exclusive Markets, a regulated brokerage firm. This ensures that our operations meet rigorous regulatory standards, providing traders with a secure and compliant environment.
- Proven Track Record: With a presence in over 180 countries, we have a robust track record of success. This global reach attests to our credibility and traders' trust in us worldwide.
- Demo Account with Substantial Funds: Traders can hone their skills using a demo account loaded with up to $100,000 in fictitious funds. This allows for risk-free practice and strategy development before committing to live trading.
- Adherence to Strict Regulatory Standards: We prioritize compliance with stringent regulatory standards. This commitment ensures the safety of our traders' funds and promotes transparency and trust within the financial community.
- Efficient Processing Times: We pride ourselves on our efficiency, with an average processing time of 8 hours. This swift turnaround ensures that qualified traders can begin trading with minimal delay, effectively seizing opportunities in the markets.
- Separation of brokerage services and Exclusive Funded Programme: There is a clear distinction between the brokerage services offered by Exclusive Markets and the Exclusive Funded Programme. Client funds utilized under the brokerage services are not at risk when joining these Programmes since the challenges utilize fictitious funds in a demo environment, ensuring additional security and trust for our clients.
Our Exclusive Funded Programme offers a combination of regulatory security, extensive support through demo trading, and a clear path to a funded account, all underscored by our global reputation and operational efficiency.
- Eligibility: Anyone over the age of 18 can join. There are no specific requirements regarding prior trading experience. Whether you're a seasoned trader or a beginner, you can participate.
- Global Reach: We value our global community. Traders from various countries, cultures, and nationalities come together to share insights, strategies, and experiences. We do not provide services to residents of the countries mentioned in our disclaimer.
- Skill Level: The platform accommodates traders at all skill levels. Whether you're just starting out or have years of experience, we provide growth opportunities.
- Trading Challenges: Traders can prove their skills by successfully completing trading challenges.
- Insufficient Capital: Limited funds can hinder your ability to exploit trading opportunities. Having insufficient capital may lead to missed profitable trades or excessive risk-taking.
- Anxiety Over Losing Money: Fear of losses can significantly impact decision-making. Emotional reactions often result in poor trade execution. It's essential to manage anxiety and focus on long-term goals.
- Psychological Stress: Trading can be mentally demanding due to market volatility, uncertainty, and the need to stay disciplined. Traders often face stress related to performance and financial outcomes.
- Inconsistent Discipline: Maintaining discipline is crucial for successful trading. Deviating from your trading plan can lead to losses. Consistency in following your strategy is essential.
- Limited Growth Opportunities: Retail traders may face limitations regarding scalability and access to advanced tools and markets. Expanding your knowledge and exploring different asset classes can help overcome this challenge.
- Lack of Support: Trading can be isolating, especially if you lack a supportive network or mentorship. Connecting with other traders, attending workshops, and seeking guidance from experienced professionals can mitigate this.
It gets difficult to make a living as a retail trader, especially when using your own funds. Exclusive Funded Programme offers you access to a demo account with up to $100,000 in fictitious capital. This allows you to practice trading without the real risk of financial loss.
- Visit our website and navigate to the challenges section.
- Choose the challenge (Elite or Pro) that aligns with your trading goals and preferences.
- Click on the respective challenge and proceed to make the purchase.
- You will receive an email confirmation shortly after with your login credentials to begin the challenge.
KYC, or Know Your Customer, is important because it allows us to verify the identity of our clients for regulatory purposes. As a regulated company, we must ensure that we conduct business with legitimate and authorized individuals. By obtaining and verifying the identity of our clients, we can help prevent fraudulent activities, money laundering, and other unauthorized transactions, ultimately safeguarding our trading environment.
KYC information must be provided during Funded Aaccount registration or when withdrawing the Profit Split from the Funded Account or as requested by our compliance team at any time. This ensures a secure and compliant trading environment for all our clients.
By joining our community, you will be empowered with real-time insights, community support, and networking opportunities to enhance your trading strategies.
Challenges
- Elite: This challenge consists of a single step, during which trader must meet specific trading objectives to qualify for a Funded Account.
- Pro: This challenge has two steps. In the first step, traders must meet initial trading objectives. Upon passing, they proceed to the second step, which typically has less stringent requirements, to qualify for a Funded Account.
Elite:
Achieve a specified profit target of 10%, adhere to maximum daily drawdown limits of 4%, and avoid exceeding overall drawdown limits of 8%.
Pro:
Phase 1: Achieve the profit target of 8% and adhere to daily and overall drawdown limits of 4% and 8%, respectively.
Phase 2: Achieve a profit target of 5% with the same drawdown limits.
- Max Drawdown Daily (4%): This limit ensures that your daily losses do not exceed 4% of your trading capital. Daily results are reset each day at 00:00 EET time (server time)
- Max Drawdown Overall (8%): This limit applies to your cumulative losses over time.
Trading Rules & Guidelines
- Trade the minimum required days, without overpassing the maximum daily and the overall drawdown limits.
- Achieve the specified profit targets.
- Avoid prohibited trading practices.
The prohibited trading practices include the following:
- Use trading strategies that exploit errors in the services, such as errors in the display of prices or delays in their update.
- Perform trades using an external or slow data feed.
- Manipulate trading by performing trades, alone or with others, including be-tween connected accounts, or accounts held with different Company entities, such as simultaneously entering into opposite positions.
- Use software, artificial intelligence, ultra-high speed, or mass data entry that manipulates, abuses, or gives an unfair advantage when using our systems or services.
- Perform trades in contradiction with how trading is actually performed in the forex market or any other financial market, or in a way that causes justified concerns of potential harm to the Company.
- Open and close any position within 2 (two) minutes before and 2 (two) minutes after the news. News for this section shall mean the high-impact news, as specified on the Client Area under calendar section and/or the Web-site.
- Use any technology that interferes with the platform’s networking.
- Engage in any other practices described as prohibited on the Website and FAQs including violations mentioned on the specifications of each challenge.
- Utilize third-party trading robots (Expert Advisors – EAs), especially those used by multiple traders, including EAs that:
- Perform latency arbitrage trading.
- Perform reverse arbitrage trading.
- Perform hedge arbitrage trading.
- Allow any other person access to any Exclusive Funded accounts or have them managed by a third party.
- Utilize the same IP address with another client.
- Perform transactions using external data feeds.
- Engage in hedge arbitrage trading or opposite account trading within multi-ple accounts or among multiple Clients.
- Perform hedging or opening opposite trades across multiple accounts or among multiple Clients.
- Engage in any trading activities contradicting the present Terms or any other terms of the Company including the specifications of each challenge on the Website.
- Use strategies contradicting real-world forex market trading, or those causing concerns that the Company or the execution venue may suffer loss or dam-age due to the Client’s activities.
Eligibility & Registration
- Eligibility: Anyone over the age of 18 can join. There are no specific requirements regarding prior trading experience. Whether you're a seasoned trader or a beginner, you can participate.
- Global Reach: We value our global community. Traders from various countries, cultures, and nationalities come together to share insights, strategies, and experiences. We do not provide services to residents of the countries mentioned in our disclaimer.
- Skill Level: The platform accommodates traders at all skill levels. Whether you're just starting out or have years of experience, we provide growth opportunities.
- Trading Challenges: Traders can prove their skills by successfully completing trading challenges.
Fee & Payouts
Account Size | Elite | Pro |
---|---|---|
$10,000 | $159 | $139 |
$25,000 | $279 | $239 |
$50,000 | $399 | $339 |
$100,000 | $649 | $549 |
- Credit Cards
- Neteller
- Skrill
The fee covers the expenses associated with our Exclusive Funded Programme challenges (ELITE & PRO) offered by Exclusive Markets. These expenses include the design, development, and maintenance of the Demo Platform, which supports the technical infrastructure of our services. The fee amount varies based on the chosen options and the simulated account balance. Additionally, it covers the creation and development of all our applications and other content available to our clients.
By paying the fee, you gain access to the Exclusive Funded Programme challenges, the simulated trading environment, and our unique applications designed to enhance your learning experience. It's important to note that this fee represents the maximum amount you can lose. Upon successfully completing the selected challenge and progressing to the Funded Account, you have the option to request a refund of your fee when you withdraw your share of the profits.
Paying this fee does not guarantee or imply any financial reward.
Partner Programme
The Exclusive Funded Partner Programme allows partners to earn commissions by referring new clients to join the Programme. Partners can earn up to 15% commission based on the purchases made by the clients they refer. To become a Partner, visit https://www.exclusivemarkets.com/exclusive-funded-programme/become-a-partner and complete the signup process. Upon application approval, you will be given your unique Partner Link and will gain access to the designated Partner Portal.
Yes. You can become a Partner even if you are already an Exclusive Funded Programme client.
The Partner earns commissions from every new purchase made by a trader of the Exclusive Funded Programme using the Partner's designated unique link. An overview of the commissions earned is available on the Partner portal or in the Partner section.
Once a trader registers for the Exclusive Funded Programme using the Partner’s link, the Partner will also earn commissions from every other purchase made by the same trader. For the avoidance of any doubt, the Partner will not be eligible for any commission from the client’s profit split from the Funded Account.
Support & Resources
- Go to the login page.
- Click on the 'Forgot your password' link.
- Enter the email address associated with your account and follow the instructions sent to your email.
This will allow you to reset your password. If you encounter any issues, please contact our support team at [email protected].
Miscellaneous
For our Elite (1-Step) Challenge, the leverage is as follows:
- Forex 1:50, Indices & Commodities (Oils & Metals) 1:20, and Crypto 1:2.
- Forex, Indices & Commodities (Oils & Metals) 1:50, and Crypto 1:5.