Exelium Information
Exelium is an online trading company dealing chiefly with forex, shares, and cryptocurrencies. It has numerous account types, such as swap-free accounts for Islamic traders with the highest leverage up to 1:5000 and a 100% deposit bonus. Nevertheless, the absence of regulation will bring risks to traders.
Pros and Cons
Is Exelium Legit?
Exelium operates without a regulatory body to oversee its operation. Such absence of rules may place investors at a higher risk. The domain exelium.com was updated on Nov 10, 2023, and is currently in a status where the owner has prohibited domain transfers.
What Can I Trade on Exelium?
The more diverse your portfolio is, the better. With Exelium, you can make a diversified portfolio in 5 asset classes, including forex, indices, commodities, shares, and cryptocurrencies.
Account Type
Exelium offers four distinct account types for the traders: Classic, Premium Spreads, VIP, and Powerful Leverage.
Exelium Fees
Exelium offers four account types: Classic, Premium Spread, and VIP.
- Classic Account: Offers the tightest spreads with 0 pips for all listed currency pairs, but without any commission per lot.
- Premium Spread Account: Provides slightly wider spreads compared to the Classic account, typically around 5 pips for currency pairs. However, it has a commission of $5 per lot.
- VIP Account: Offers the most competitive combination of spreads and commissions, with spreads as low as 3 pips for all listed currency pairs and a commission of $3 per lot.
Trading Platform
Deposit and Withdrawal
Exelium does not charge any fees for deposits or withdrawals. The minimum deposit starts at 5 USD.
Deposit Options
Withdrawal Options
Promotions
Exelium has a deposit bonus offer of 100%. It works based on a deposit system whereby for each dollar that you deposit into your MT5 trading account, they will deposit an extra dollar as a bonus.
For instance, if you deposit $500, you can have $1000 with which to trade, thereby giving you that much more leverage.
Customer Service
You can contact Exelium by email at support@exelium.com and by phone at +17585720201.
The Bottom Line
Exelium provides a nice 100% deposit bonus and high leverage, swap-free Islamic accounts, and many types of traded assets.
However, the biggest problem with Exelium is that it has no direct regulation and thus people begin to question its legitimacy. Besides, it does not provide much information concerning non-trading fees.
FAQs
Is Exelium regulated?
No.
What assets can I trade on Exelium?
Exelium offers trading in various asset classes, including forex, indices, commodities, shares, and cryptocurrencies.
What are the account types offered by Exelium?
Exelium provides four account types: Classic, Premium Spreads, VIP, and Powerful Leverage.
