Exclusive Markets does require a minimum deposit of $ 1000 / R15 479 on the Pro Account and a minimum deposit of $ 5000 / R77 399 on the Exclusive Account.
Exclusive Markets at a Glance
|📅 Year Founded||2020|
|📍 Head Office||Victoria, Mahé, Seychelles|
|⚖️ Financial Regulatory Bodies||FSA|
|📈 Managed accounts||No|
|📊 Institutional accounts||Yes|
|☪️ Islamic Account||Yes|
|💰 Minimum Deposit||$ 0|
|👍 Demo Trading Account available||No|
|🌐 Countries not accepted for trade||Canada, Cuba, Iran, Iraq, North Korea, Sudan, Syria, Turkey, Belgium, The United States, Latvia, and Switzerland|
|💰 Withdrawal options||
· Bank Wire Transfer
|📒 Deposit options||
· Bank Wire Transfer
|💻Platform(s) provided||MetaTrader5 and MetaTrader4|
|🖥️ OS compatibility||Web browsers, desktop, Mac, Windows, Android, iOS|
|📈 Tradable assets||Forex, Metals, Commodities, Indices, Bonds, Stocks, ETFs, and Cryptocurrencies|
|📓 Languages supported on the website||English, Spanish, Chinese, Russian, Indonesian, Vietnamese, and Portuguese|
|📓 Customer support languages||English, Spanish, Chinese, Russian, Indonesian, Vietnamese, and Portuguese|
|☎️ Customer service hours||24/5|
|Maximum Leverage||1: 500|
|👉 Open a account||👉 Click Here|
Exclusive Markets Minimum deposit – 8 key points quick overview:
Exclusive Markets Minimum Deposit
Exclusive Markets has no minimum deposit requirement on the Standard Account.
On the Pro Account a minimum deposit of $ 1 000 is required and on the Exclusive Account, $ 5 000.
Exclusive Markets is a limited liability company incorporated under the Financial Services Authority (FSA) laws of Seychelles. This is an offshore jurisdiction and could be a reason for concern since it does not fall under the strict regulations of a reputable watchdog.
It is a requirement by most regulatory bodies and financial institutions, amidst several other strict rules and regulations, that all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.
Although Exclusive Markets is self-regulated it does seem that the broker complies with this.
Exclusive Markets Deposit fees and deposit methods
When compared with other brokers, the minimum deposit that Exclusive Markets requires when registering a live account is very low.
Exclusive Markets offers traders the following payment methods which can be used when making deposits:
Bank Wire Transfer
Deposit currencies that are accepted include USD, EUR, GBP, JPY, MYR, THB, IDR, VND, and BRL.
When making use of any of the payment methods Exclusive Markets does not charge any deposit fees.
Traders must, however, ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable. These often depend on the payment method used as well as the amount which is deposited into the trading account.
Exclusive Markets step by step guide to depositing the minimum amount
Deposits can be made with Exclusive Markets using the following steps:
Step 1 – Log in
Clients can do so by logging in to their client portal and then selecting the “Fund Account” option from a menu they will find on the left of the page. You now need to choose the payment method from the list on the right-hand side of the page.
Step 2 –Make the deposit
Be sure to transfer funds in the same currency as the bank account to which they are sending them. If this is not done, traders may be subjected to currency conversion fees.
Exclusive Markets does not accept third-party payments and funds deposited by a third party will be returned to the sender.
Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.
The broker does not accept any third-party payments and money deposited by a third party will be returned to the sender.
Exclusive Markets Pros and Cons
|✔️ Pros||❌ Cons|
|No deposit fees charged||Currency conversion fees may apply|
|No minimum deposit requirement on the Standard Account||Fixed spread accounts not offered|
|Reliable payment methods offered||Self-regulated|
Overall, Exclusive Markets does require a minimum deposit of $ 1000 / R15 479 on the Pro Account and a minimum deposit of $ 5000 / R77 399 on the Exclusive Account.
You might also like: Exclusive Markets Review
You might also like: Exclusive Markets Account Types
You might also like: Exclusive Markets Demo Account
You might also like: Exclusive Markets Islamic Account
You might also like: Exclusive Markets Fees and Spreads
You might also like: Exclusive Markets Sign Up Bonus
Frequently Asked Questions
What is the minimum deposit for Exclusive Markets?
How do I make a deposit and withdrawal with Exclusive Markets?
- Bank Wire Transfer
Does Exclusive Markets charge withdrawal fees?
No. Fees from financial institutions may apply.
How long does it take to make a withdrawal?
Yes. Exclusive Markets charges a 1.8% transaction fee on all withdrawals. In addition, traders may be subjected to transaction fees, charged by their bank.