What Account Types and Fees Does Exelium Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Classic Account |
Beginners |
Low minimum deposit, standard spreads |
Suitable for small-capital practice |
| Premium Account |
Experienced Traders |
Low spreads, reduced commissions |
Requires higher trading volume qualifications |
| VIP Account |
High-Volume Traders |
Zero spreads, minimal commissions |
Requires significant capital investment |
| Powerful Leverage Account |
Traders seeking high leverage |
Maximum leverage of 1:5000 |
High-risk strategy suitable for experienced traders |
| Demo Account |
All Traders |
Practice trading without risk |
Ideal for testing strategies before live trading |
| Islamic Account |
Traders requiring swap-free options |
Compliant with Sharia law |
Available for eligible clients upon request |
Account Opening Process
To open an account with Exelium, traders need to complete the following steps: first, provide personal information, which includes details such as name, email, and phone number. Next, employment information is required, including occupation and employer details. Following this, financial information should be submitted, outlining trading experience and financial status. Identity verification is essential, which involves submitting a valid ID and proof of address. After verification, traders have the flexibility to upgrade their accounts, such as moving from a Classic to a Professional account, depending on their trading needs and experience level.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
From 1 |
$0 (ECN: $3.5/lot) |
Competitive spreads on popular pairs |
| CFDs (Stocks, Indices, Commodities) |
Varies |
$0 (ECN: $3.5/lot) |
Varied spreads based on market conditions |
| Cryptocurrencies (BTC/USD) |
Varies |
0.1% |
Variable depending on market volatility |
Other Fees
Exelium does not impose any deposit or withdrawal fees, providing a cost-effective solution for traders. However, traders should be aware of potential inactivity fees that may apply if accounts remain dormant for an extended period. Additionally, overnight interest (swap rates) may be applicable on certain positions held overnight. Currency conversion fees may also apply if trading in different currencies. Overall, traders should carefully consider these factors when managing their accounts and trading activities.
