Exelium

Exelium Information

Exelium Ltd is an online CFD broker situated in Anguilla, but it doesn't have a financial license. You can trade a lot of different types of assets on the MetaTrader 5 platform. These include currencies, commodities, indices, stocks, and cryptocurrencies. Exelium has four active accounts, a demo account, and a swap-free option for traders who want to make small deposits and have flexible trading fees. However, it is risky since it is not regulated and has high leverage.

Pros and Cons

Is Exelium Legit?

Exelium Ltd is incorporated only in Anguilla and does not have any licenses from the Anguilla Financial Services Commission or any recognized agencies. Neither the website nor the legal documents mention approval by the FCA, ASIC, CySEC, or other such bodies.

The domain exelium.com was registered on December 31, 2003, updated on December 19, 2024, and expires on December 31, 2025.

What Can I Trade on Exelium?

Exelium provides CFD trading across a wide range of asset classes. Product offerings include major and minor currency pairings, commodities, indexes, stocks, and prominent cryptocurrencies.

Account Types

Exelium offers four live accounts (Classic, Premium, VIP, and Powerful Leverage), a demo account, and a swap-free Islamic account.

Leverage

The Powerful account has a maximum leverage of 1:5000, while the other accounts have a maximum leverage of 1:3000. High leverage can increase potential earnings but also magnify losses.

Exelium Fees

Overall, Exelium's trading fees are reasonable on the Premium and VIP accounts due to zero spreads and minimal commissions, while the Classic account has greater spreads than many licensed brokers.

Trading Platform

Deposit and Withdrawal

Exelium does not impose deposit or withdrawal fees, and the Classic account requires a minimum deposit of US$5.