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Here are some of the more frequently asked questions by traders.
Exclusive Markets takes measures to protect its clients' funds. The company is regulated by the Seychelles Financial Services Authority (FSA), which means that it must adhere to certain standards of financial conduct and maintain specific levels of financial solvency.
Moreover, Exclusive Markets works with top-level banks and financial institutions to ensure the safety and security of clients' funds. Additionally, Exclusive Markets offers insurance to protect clients' funds against unforeseen events.
Overall, Exclusive Markets takes a range of measures to ensure that clients' funds are protected and secure at all timed.
Here's a summary of the advantages of trading with Exclusive Markets:
Yes, Exclusive Markets is licensed and regulated by the Seychelles Financial Services Authority (FSA). The FSA is the regulatory body responsible for overseeing the financial services industry in Seychelles, and it requires companies to meet certain standards of financial conduct and maintain specific levels of financial solvency.
Exclusive Markets holds a Securities Dealer Licensed Entity based in Seychelles under registration number 8423950-1.
By being regulated by the FSA, Exclusive Markets must comply with the rules and regulations set forth by the authority, which helps to ensure that the company conducts its business in a professional and transparent manner. This regulatory oversight can provide investors with greater confidence when investing with Exclusive Markets, as it helps to ensure that the company adheres to a set of strict standards and practices.
Exclusive Markets offers several types of trading accounts to suit different traders' needs. Here is a breakdown of the different account types, their maximum limit per user, minimum deposit, and leverage:
The different account types offer different minimum deposit amounts, and leverage options, catering to different trading styles and levels of experience. Traders can choose an account that best fits their trading goals and preferences.
Exclusive Markets offers different leverage options depending on the trading account type. The maximum leverage offered is 1:2000, which is available with the Standard, Standard Plus, and Exclusive account types. The Cent account has a fixed leverage of 1:500.
It is important to note that while higher leverage can increase potential profits, it also increases potential risk. Traders should carefully consider their risk management strategies and choose an appropriate leverage level that aligns with their trading style and risk tolerance.
Yes, Exclusive Markets offers a VPS (Virtual Private Server) service to its clients, providing them with significantly reduced latency and no downtime, which can help them take advantage of every market opportunity. The VPS service is available for both new and existing clients and is compatible with both the MT4 and MT5 trading platforms.
Exclusive Markets provides dedicated support for VPS-related queries or issues. Our support team is available via email, phone, and live chat to ensure a smooth and satisfying experience for our traders.
Yes, Exclusive Markets offers both Copy Trading and PAMM (Percentage Allocation Money Management) services to its clients. These services provide traders with the opportunity to copy the trades of experienced and successful traders or to invest in a PAMM account managed by a professional money manager.
Our Customer Service Department is here to assist you 24/7.
Send us an email at [email protected] or chat with us as our dedicated live chat support is accessible 24/7, providing round-the-clock assistance to all our valued clients.
Here are some of the more frequently asked questions by traders.
Click on Register button: Go to the Exclusive Markets website and click on the "Sign up" button located in the top right corner of the page.
Create Password: Create a strong password for your account, with at least one number, one lowercase and one uppercase letter, and confirm it.
Tick the Boxes: If applicable, tick the boxes below to confirm that you agree with the Terms and Conditions and Privacy Policy.
Click Create Account: Click the "Create Account" button to finish the registration process.
Complete the Questionnaire: Once you have created your account, complete the questionnaire with compliance and legal details. Fill in your date of birth, nationality, passport/ID number, education level, employment status, occupation, etc.
Click Submit: Click the "Submit" button to complete the registration process.
Upload Documents: To fully verify your profile, upload your documents by clicking on "Complete Profile" on the left menu and then selecting "Upload documents."
To open a demo account with Exclusive Markets, please follow these steps:
If you wish to delete your account, please forward an email to [email protected].
Please ensure that you have closed all open positions and withdrawn all funds in your available balance before emailing us.
One of our customer support representatives will proceed to close and disable your account, and you will no longer have access to it. Once the action is done, you will receive an email confirmation that your account has been disabled.
Once you close your investment account, it cannot be reopened.
If you wish to open a real money account with Exclusive Markets, you must be at least 18 years old.
Exclusive Markets is a financial investment services company incorporated under the laws of Seychelles with Registration Nr. 8423950-1 regulated by the Seychelles Financial Services Authority (FSA).
No, your new account will be validated automatically, if you will use the same personal /contact details as for your previous account.
No, you can still log in to your account using your current login credentials.
If you are trying to log in to your account unsuccessfully, please make sure that you are using the correct login credentials.
For further assistance, please don't hesitate to get in touch with our Support Team.
Here are some of the more frequently asked questions by traders.
From your Client Portal, click on KYC Verification under My Profile on the left side menu. Upload documents. Acceptable file formats are pdf, png, jpg & max upload size is 15MB. If documents fail to be uploaded, or for some reason something went wrong, you can forward the documents with an email to [email protected].
Firstly, the Terms and Conditions (Legal) and Compliance Questionnaire must be accepted and completed.
Passport: A colour copy of the Photo page and the adjacent page. BOTH must be contained in the same scanned image, must be of good quality and clearly visible.
National ID: A colour copy of both sides of the ID must be provided. They must be of good quality and clearly visible.
Drivers’ Licence: A colour copy of the Personal Information side must be provided. It must be of good quality and clearly visible.
Utility Bill, Bank Statement, Local Authority Bill or Any other Official Document.
Please note that the Maximum document upload size is 15 MB.
The forms will be received by our compliance team for checking.
*(Screenshots from an electronic device are not accepted).
You can enter Tax Identification Number (TIN) or other equivalent as applicable to your Country. Example- If it’s not available based on your country of tax residency, please input any other identity number.
If you wish to proceed with a corporate account, please email us at [email protected], and we will send you the related documents.
The time it takes to verify your account with Exclusive Markets may vary, depending on the completeness and accuracy of the information you provide, as well as the volume of verification requests the company is processing at the time.
In general, the verification process may take a few business days. However, if you have completed your compliance questionnaire and uploaded all the required documents correctly, the verification process may be completed within 24 to 48 hours.
If you have any questions or concerns about the status of your account verification, you can contact Exclusive Markets' customer support team for assistance.
Here are some of the more frequently asked questions by traders.
Your funds are entirely secure and fully accessible to you.
Your funds are invested by a licensed, regulated investment entity and deposited with top-level banks.
You can find all available funding methods here.
Wallet is a safekeeping place where clients can deposit to/from and transfer funds to their trading accounts in order to start trading
No, we do not charge any fees or additional charges on deposits.
However, you may be subject to the fees that can be charged by the payment method provider of your choice or your bank.
The withdrawal procedure takes up to 24 hours from the time we receive the request. Upon execution the funds will arrive into your chosen method of payment, in case the chosen method is Bank Wire the procedure may take up to 5 business days.
Funds need to always return to the same method you have deposited with. For instance, if the deposit came from a credit card, funds can be refunded via Bank Wire Transfer to the Bank Account the card is linked to.
You can find all the Details for minimum requirements on our website under the Funding Methods.
Exclusive Markets do not accept third party deposits or withdrawals for security reasons. Funds need to go back to the same source under the client’s name, where the deposit was made, in order to ensure compliance with our policies.
Clients can deposit with their local currency and the live exchange rate will convert the deposited amount directly into client’s trading account.
Clients can only deposit from a Joint Bank Account when their profile account is a Joint Account.
If the last deposit made with the card was made more than a year ago, the transaction cannot be refunded back to the same card.
Although since we always aim to send the funds back to source, by providing us a Bank Statement linked with the card used for the deposit, showing bank details and full name, funds can be refunded via Bank Wire Transfer.
Note: You can choose to do internal transfer from the wallet to trading accounts, and vice versa. Also, make internal transfer from one trading account to another trading account.
Here are some of the more frequently asked questions by traders.
There are no restrictions regarding stop orders and limit orders. You can place any pending order in any desire level.
The amount you are required to have in your account to open/ keep your positions opened. Since a trader is allowed to use more capital than the amount, he/she deposited (due to leverage) a margin is required by the broker to ensure that any losses are covered.
We calculate the margin with the following formula: LOTS X CONTRACT SIZE/LEVERAGE Examples for Standard Account: If a client trades 1 lot of EURUSD in a Standard account with leverage 1:500, their required margin will be: 1 * 100.000 / 500 = 200 EUR Examples for Cent Account: If a client trades 1 lot of EURUSD in a Cent account with leverage 1:500, their required margin will be: 1 * 1000 / 500 = 2 EUR.
Positions held open overnight may be charged rollover interest. In the case of forex instruments, the amount credited or charged depends on both the position taken (i.e. long or short) and the rate differentials between the two currencies traded. In the case of stocks and stock indices, the amount credited or charged depends on whether a short or a long position has been taken.
Although there is no rollover on Saturdays and Sundays when the markets are closed, banks still calculate interest on any position held open over the weekend. To level this time gap, Exclusive Markets applies a 3-day rollover charge on Wednesdays.
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as CFDs, magnify your potential profit but also your potential loss. Leverage gives the possibility to an investor to trade with more funds than they actually have in their account, giving the opportunity of having maximized outcome or can lead to significant losses.
THE HIGHER THE LEVERAGE, THE HIGHER THE RISK.
Example: If a client will deposit 10.000$ in their trading account and they selected a leverage of 1:100, the mathematics is: 100 x 10.000 = 1.000.000$
LET'S SAY CLIENT HAS 1:100 LEVERAGE AND HE IS ABLE TO OPEN A 1 LOT POSITION AND 10 PIPS ARE EQUAL TO $100 (1 PIP = 10$, 10 PIPS = 100$) Now if they will double their leverage to 1:200 and open a 2-lot position with the same amount of required margin (for 1 lot standard with 1:100 leverage margin needed is 1000$, for 2 lots standard with 1:200 leverage margin needed is as well 1000$), then 10 pips are now worth $200 (because the volume also increased to 2 lots) and they have essentially doubled his risk. (WHERE PIP FORMULA: CONTRACT SIZE X MINIMUM PRICE FLUCTUATION) EX: 100.000 X 0.00001 (FOR 1 LOT PIP VALUE) 200.000 X 0.00001 (FOR 2 LOT PIP VALUE)
There are certain symbols that must be selected in order for the correct execution of a trade on the platform. Please see below instrument examples for each account type.
ex.1: EURUSD. - The symbol with the DOT "." represents the Standard Account Type
ex.2: EURUSD! - The symbol with the Exclamation Mark "!" represents the Standard Plus Account Type
ex.3: EURUSD - The symbol with nothing at the end can only be used for Exclusive Account Type
ex.4: EURUSDc - The symbol with the "c" at the end represents the CENT Account Type
The regular trading hours for the U.S. stock market, which includes the Nasdaq Stock Market (Nasdaq) and the New York Stock Exchange (NYSE), are 9:30 a.m. to 4 p.m., except on stock market holidays.
Exclusive Markets offers two types of Social Trading:
Copy Trading: As a beginner, copy the trade strategies of experts and earn profits when they do. As a pro trader, make great commissions by registering yourself as a provider on our tech-powered platform.
PAMM trading: Your funds are transferred to a pool where the money manager has full control of your funds with the only option to check your balance and make any deposit or withdraw request.
Please note that you must have the same meta trader account type as your provider and to meet the manager requirements (i.e. minimum deposit).
Here are some of the more frequently asked questions by traders.
You can trade on MT4, MT5 and through WebTrader.
You can open a new demo account through the desktop application and web versions of MetaTrader 4 and MetaTrader 5.
If you already have an open demo account, you can still access it using your iOS mobile device. For further assistance, please don't hesitate to get in touch with our Support Team.
Yes, you can open a new demo account using any Android device.
Here are some of the more frequently asked questions by traders.
Trading central is an analytical tool from experts on market moving events. You can find trading central from your online portal.
After a successful registration process, you can easily access all the tools under Client Portal.
Exclusive Markets has partnered with Trading Central, a renowned market research firm, to provide exclusive access to complimentary analytical tools and daily global expert research on market-moving events. Clients of Exclusive Markets can freely utilize Trading Central tools directly from their Client Area.
Trading Central is a third-party provider of technical analysis and research tools that can help traders and investors make informed decisions about the markets. Trading Central offers a range of tools, including market news, technical analysis reports, trading signals, and more.
To access Trading Central tools, you can log into your Exclusive Markets Client Area and look for the Trading Central section. From there, you should be able to access the tools and resources that are available to you as a client.
If you have any questions or issues accessing these tools, you can contact Exclusive Markets customer support for assistance. They should be able to help you get set up and answer any questions you may have about using the trading tools.
If you are a client of Exclusive Markets, you can get access to trading tools by logging into your Client Area on our website. According to our website, Exclusive Markets clients’ have free access to Trading Central tools directly from their Client Area.
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