Exclusive Capital
Pros and Cons
Pros
- Regulated by Cyprus Securities and Exchange Commission (CySEC)
- Diverse range of trading instruments including Forex, Commodities, Indices, Stocks, and Cryptocurrencies
- Trading platform: MetaTrader 5 with advanced tools and features
- Client funds protected through segregated accounts and investor compensation scheme
- Multiple account types catering to different trader levels
Cons
- High minimum deposit requirement for certain account types
- Withdrawal delays reported, especially for larger amounts
- Lack of demo account option for practice trading
- Mixed reviews regarding the quality of customer support
- Limited educational resources for beginner traders
Basic Information
User Reviews
Exclusive Capital Overview
Exclusive Capital, officially known as Exclusive Change Capital Ltd, is a forex broker established in Cyprus, operating for a period of 5 to 10 years. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 330/17, ensuring its compliance with local financial regulations. This regulatory oversight adds a level of credibility and trust for traders looking to engage with the broker’s services.
Is Exclusive Capital Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Segregated Funds, Investor Compensation Scheme |
Is Exclusive Capital Regulated and How Are Client Funds Protected?
Exclusive Capital, operating as Exclusive Change Capital Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 330/17. This regulatory status provides a level of credibility and safety for traders engaging with the broker. Client funds are protected through several measures, including the requirement for brokers to maintain client funds in segregated accounts, ensuring that these funds are kept separate from the broker’s operational funds. Furthermore, CySEC-licensed brokers are part of an investor compensation scheme that can cover eligible clients up to €20,000 in case of broker insolvency. Overall, Exclusive Capital’s regulation by a recognized authority enhances its standing as a legit and safe option for traders seeking forex services in a regulated environment.
Trading Products and Services
What trading instruments does Exclusive Capital offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Many |
| Commodities | Gold, Oil | Many |
| Indices | S&P 500, NASDAQ | Many |
| Stocks | US, UK | Many |
| Cryptocurrencies | BTC, ETH | Many |
Exclusive Capital offers a diverse range of trading instruments that cater to various types of traders. With categories including Forex, Commodities, Indices, Stocks, and Cryptocurrencies, the broker supports multiple asset classes that allow for effective portfolio diversification. This variety helps traders, from beginners to professionals, implement flexible trading strategies and adapt to market changes. The availability of numerous products ensures that traders can find suitable instruments that align with their investment goals and risk tolerance, making Exclusive Capital a viable choice for those looking to engage in the markets.
Account Types and Trading Conditions
What Account Types and Fees Does Exclusive Capital Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Account | Beginners | Accessible minimum deposit, moderate leverage | Suitable for those starting with smaller capital |
| Prime Account | Experienced Traders | Lower spreads, competitive commissions | Ideal for active traders seeking better trading conditions |
| Gold Account | Advanced Traders | Very low spreads, favorable commissions | Best for traders with higher capital and trading volumes |
| Exclusive Account | Professional Clients | Premium trading conditions, lowest spreads | Requires significant capital and trading experience |
Account Opening Process
To open an account with Exclusive Capital, prospective clients need to follow a straightforward process. First, they should visit the broker’s official website and select their desired account type. Next, applicants will fill in a registration form that requires personal information, including their name, email, and phone number. Subsequently, identity verification will be necessary, which involves submitting documents like ID and proof of address. Finally, clients will make the minimum required deposit for their chosen account type and can begin trading once their account is verified and funded. Additionally, there is flexibility to upgrade to a professional account in the future if desired.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $X per lot | Competitive spreads depending on account type |
| CFDs (Indices) | Varies | $X per lot | Spreads may vary based on market conditions |
| Commodities (Gold, Oil) | Varies | $X per lot | Reflects fluctuations in commodity prices |
| Cryptocurrencies (BTC, ETH) | Varies | $X per lot | Dependent on market volatility |
Other Fees
Exclusive Capital does not impose deposit or withdrawal fees for most payment methods. However, clients should be aware of potential inactivity fees, which may apply if the account remains dormant for an extended period. Additional costs may include overnight interest (swap rates) and currency conversion fees depending on the account’s base currency.
Trading Platforms and Apps
What Trading Platforms and Apps Does Exclusive Capital Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) | Windows, macOS, Web, iOS, Android | Secure login (2FA), multiple order types, market search, price alerts, technical indicators | Demo accounts, VPS |
| Web Version | Any device with a web browser | Login security (encryption), symbol lookup, one-click trading, push notifications | None |
| Mobile App | iOS, Android | Secure login (biometrics), market alerts, mobile trading, technical analysis tools | None |
Exclusive Capital provides a selection of trading platforms designed to enhance the trading experience for its users. The MetaTrader 5 platform is suitable for experienced traders, offering advanced tools for market analysis and trading automation. The web version allows traders to access their accounts from any device with internet connectivity, ensuring flexibility and convenience. The mobile app supports secure login and provides real-time market alerts, making it ideal for traders on the go. Overall, Exclusive Capital emphasizes security with features like two-factor authentication and encryption, while offering essential trading tools and services to meet diverse trading needs.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 business days | No platform fee | Min 50, Max 10,000 per transaction | EUR, USD |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 20,000 per transaction | EUR, USD |
| E-wallets (e.g., Skrill, Neteller) | Instant | No platform fee, but 1.5% charge for e-wallet withdrawals | Min 50, Max 15,000 per transaction | EUR, USD |
Minimum Deposit
Exclusive Capital requires a minimum deposit that varies by account type. The standard minimum deposit is accessible for beginners, while higher-tier accounts may have increased deposit requirements. Specific payment methods may also influence the minimum deposit needed.
How to Withdraw
To withdraw funds from your Exclusive Capital account, follow these steps: 1. Log in to your Exclusive Capital account. 2. Navigate to the ‘Withdrawal’ section. 3. Select your preferred payment method from the available options. 4. Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits. 5. Confirm your withdrawal request. 6. Wait for the processing time to complete, depending on your chosen method.
Customer Support
Exclusive Capital Customer Support Overview
Support Channels
Exclusive Capital offers multiple contact methods to assist clients with their inquiries. Traders can reach out via:
- Email: Clients can send their questions or concerns to info@exclusive-capital.com.
- Live Chat: A real-time chat option is available on the broker’s website for immediate assistance.
- Telephone: Customers can call the support team at +357 25 255 155 for direct communication.
- Social Media: Exclusive Capital is also active on various social media platforms, providing another avenue for support and updates.
Service Availability
Exclusive Capital’s customer support services are available during business hours. The support team is accessible from Monday to Friday, ensuring that traders receive timely assistance when needed. Additionally, the support is offered in multiple languages, including English, catering to a diverse client base.
Additional Resources
To enhance the trading experience, Exclusive Capital provides several educational resources. These include video tutorials and market analysis, helping traders stay informed and make better trading decisions. Such resources are invaluable for both novice and experienced traders seeking to improve their skills and market understanding.
Frequently Asked Questions
Yes, Exclusive Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 330/17. Client funds are protected through measures such as segregated accounts, which ensure that client funds are kept separate from the broker’s operational funds. Additionally, Exclusive Capital participates in an investor compensation scheme that can cover eligible clients up to €20,000 in case of broker insolvency, adding an extra layer of security for traders.
Exclusive Capital offers a diverse range of trading instruments across multiple asset categories. Traders can access Forex (including major pairs), Commodities (such as Gold and Oil), Indices (like S&P 500 and NASDAQ), Stocks (from the US and UK), and Cryptocurrencies (including BTC and ETH). This variety allows traders to implement flexible trading strategies and diversify their portfolios effectively.
Exclusive Capital provides several account types tailored to different trader levels. The Standard Account is for beginners, featuring an accessible minimum deposit and moderate leverage. The Prime Account is designed for experienced traders, offering lower spreads and competitive commissions. The Gold Account caters to advanced traders with very low spreads and favorable commissions, while the Exclusive Account is for professional clients, featuring premium trading conditions and the lowest spreads. Each account type has specific characteristics to suit varying trading needs.
Exclusive Capital offers multiple contact methods for customer support. Clients can reach out via email at info@exclusive-capital.com, use the live chat feature available on the broker’s website for immediate assistance, or call the support team at +357 25 255 155. The customer support services are available during business hours from Monday to Friday, and support is provided in multiple languages to accommodate a diverse client base.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.