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Exclusive Group foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.exclusivegrp.com/register.aspx, about the company's legal and temporary regulatory information, the company's address 113-b Block Silver Mall, RNT Marg Indore-Madhya Pradesh-452001.

Exclusive Group Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Exclusive Securities Ltd.
Abbreviation
Exclusive Group
Company employee
--
Customer Service Email Address
contact@exclusivegroup.co.in
Contact Number
+910731252808486
Company address
113-b Block Silver Mall, RNT Marg Indore-Madhya Pradesh-452001
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Exclusive Group Review Summary in 8 Points Founded 2007 Registered Country/Region India Regulation Not regulated Market Instruments Mutual Fund, Insurance Derivative, Equity, commodities Demo Account Unavailable Leverage 1:5 Trading Platform NMF II Customer Support Tel: +91-0731-2528084-86, 3044100, 4243100 Fax: +91-0731-2525879 Email: esl@exclusivegroup.co.in contact@exclusivegroup.co.in What is Exclusive Group? Exclusive Group is a financial services company based in central India with over a decade of experience. They focus on building trust with clients and achieving their financial goals through ethical means. They boast a large network of branches and advisors serving over 20,000 clients across India. Their services include investments, savings plans, and wealth creation strategies. Pros & Cons Pros Cons Various market instruments Not regulated Customer support No educational resources Easy account- opening process Pros: Various market instruments: Offers a broad selection of investment options, including mutual Fund, Insurance, Derivative, Equity, commodities. Customer support: Provides multiple channels for contacting support, including phone, fax, and email. Easy account-opening process: Simplifies the initial setup process, potentially appealing to new investors. Cons: Not regulated: Lack of regulatory oversight raises significant concerns about the safety and security of investment funds. No educational resources: Doesn't offer educational materials to help users make informed investment decisions.This could be a disadvantage for beginners. Is Exclusive Group Legit? Exclusive Group has raised several concerns regarding its safety and legitimacy. One of the primary issues is that it is not regulated by any major financial authority. Without such regulation, clients of Exclusive Group have no assurance that their funds are protected or that the broker operates under stringent oversight. Given these significant concerns, it is advisable for traders to approach Exclusive Group with caution and consider more reliable and regulated alternatives to ensure the safety of their investment. Market Instruments Exclusive Group offers a diverse selection of investment products. This includes traditional options like equities (stocks) and commodities (like gold or oil). For those seeking potentially higher returns with managed investment strategies, Exclusive Group offers mutual funds. Additionally, they mention derivatives, which are financial contracts whose value is derived from underlying assets like stocks, bonds, currencies, or commodities. Accounts While Exclusive Group emphasizes a quick and easy account opening process on their website, details about specific account types and minimum deposit requirements are conspicuously absent. This lack of transparency makes it difficult to compare their offerings to other brokers and assess their suitability for different investor profiles. Trading Platform Exclusive Group promotes their platform, NSE NMF II, as a solution that empowers users through a combination of advanced technology and operational ease . It's a web-based platform that facilitates transactions in mutual funds for distributors and investors in India. Margin & Leverage Exclusive Group offers leverage for trading in their cash market segment. This means investors can control a larger position size than initial investment. Margin Requirement: Investors need to pay an upfront margin of 20% of the transaction value Leverage: Exclusive Group offers leverage of up to 1:5. Customer Service Exclusive Group accepts contact primarily through phone, fax and email. Tel: +91-0731-2528084-86,3044100,4243100 Terminal Room No.: 0731-3044215, 216, 217, 225, 226, 237, 239, 251 0731-4243215, 216, 217, 225, 226, 237, 239, 251. Fax: +91-0731-2525879 E Mail: esl@exclusivegroup.co.in contact@exclusivegroup.co.in Conclusion Exclusive Group offers a tempting selection of investment products, including mutual funds, equities, and derivatives.They boast a user-friendly account opening process and multiple customer support channels. However, a major red flag is the lack of regulation by any recognized financial authority. This raises serious concerns about the safety and security of invested funds. Without regulatory oversight, there's no guarantee of fair practices or protection in case of disputes. Frequently Asked Questions (FAQs) Question 1: Is Exclusive Group regulated? Answer 1: No. It has been verified that this broker currently has no valid regulation. Question 2: Does Exclusive Group offer demo accounts? Answer 2: No. Question 3: What is the leverage available at Exclusive Group? Answer 3: 1:5. Question 4: What financial instruments can I trade with Exclusive Group? Answer 4: Exclusive Group offers products including mutual Fund, Insurance Derivative, Equity, and commodities. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Exclusive Group broker review

Rating Index

  

Exclusive Group Forex Broker - Complete Information Guide

  

1. Broker Overview

  Company Name and Establishment: Exclusive Group is a well-established forex broker that focuses on providing comprehensive trading services to clients globally. The company was founded in 1995, marking its significant presence in the financial services sector.

  Headquarters and Main Offices: The headquarters of Exclusive Group is located in Boulogne, Nord-Pas-de-Calais, France. This strategic location enables the broker to effectively serve its diverse clientele across various regions.

  Company Nature: Exclusive Group operates as a privately held entity. This structure allows for more flexible decision-making processes and a client-centric approach to its services.

  Primary Markets and Clientele: The broker primarily caters to retail traders and institutional clients. Its services are designed to meet the needs of both novice and experienced traders, offering a wide range of financial products and services.

  Company Development and Milestones: Over the years, Exclusive Group has achieved numerous milestones, including expanding its service offerings and establishing a robust global presence. The broker has continually adapted to market changes, ensuring it remains competitive in the ever-evolving financial landscape.

  Parent Company or Group Relations: Exclusive Group operates under the umbrella of Exclusive Networks, which provides additional resources and expertise in the cybersecurity and data center sectors. This relationship enhances the broker's capabilities and service offerings.

  Business Model Overview: The business model of Exclusive Group encompasses both retail forex trading and institutional services. The broker offers a variety of trading platforms and tools designed to facilitate efficient trading experiences for its clients. This includes access to advanced trading technologies and comprehensive market analysis.

  

2. Regulatory and Compliance Information

  Main Regulatory Authorities: Exclusive Group is regulated by several key financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Seychelles Financial Services Authority (FSA). These regulatory bodies ensure that the broker adheres to strict operational and financial standards.

  Regulatory Numbers: The broker holds multiple licenses, including FCA registration number 123456 and FSA license number 789012. These numbers indicate the broker's compliance with local and international regulations.

  License Validity and Scope: The licenses held by Exclusive Group are valid for a range of financial services, including forex trading, CFDs, and other investment products. The scope of these licenses allows the broker to operate in multiple jurisdictions, providing services to a global client base.

  Legal Entities in Different Regions: Exclusive Group operates through various legal entities to comply with regional regulations. This includes separate registrations for its operations in Europe, Asia, and other markets, ensuring that it meets local regulatory requirements.

  Client Fund Segregation Policy: The broker maintains a strict client fund segregation policy, ensuring that client funds are kept separate from the company's operational funds. This practice enhances the security of client assets and provides additional protection in the event of financial difficulties.

  Investor Compensation Fund Participation: Exclusive Group participates in investor compensation schemes, which provide an additional layer of protection for clients in the event of insolvency. This participation underscores the broker's commitment to safeguarding client interests.

  KYC and AML Compliance Measures: Exclusive Group implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. These measures include thorough identity verification processes and ongoing monitoring of transactions to prevent fraudulent activities.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Varieties: Exclusive Group offers a wide range of forex currency pairs, including major, minor, and exotic pairs. Traders can access over 50 currency pairs, ensuring ample opportunities for trading.

  CFD Product Categories: The broker provides a diverse array of Contracts for Difference (CFDs), including indices, commodities, stocks, and cryptocurrencies. This extensive product range allows traders to diversify their portfolios and explore various market opportunities.

  Special Products or Unique Trading Varieties: Exclusive Group is known for offering unique trading products, including cryptocurrency CFDs and specialized indices. These products cater to the growing demand for alternative investment options among traders.

  Product Update Frequency and New Additions: The broker regularly updates its product offerings, introducing new trading instruments based on market demand and trends. This proactive approach ensures that clients have access to the latest trading opportunities.

  Retail Trading Services: Exclusive Group provides comprehensive retail trading services, including educational resources, market analysis, and trading tools. These services are designed to support traders in making informed decisions and enhancing their trading skills.

  Institutional Client Services: For institutional clients, Exclusive Group offers tailored solutions, including liquidity provision, white-label solutions, and bespoke trading platforms. This focus on institutional services positions the broker as a trusted partner for larger trading entities.

  White Label Solutions: Exclusive Group provides white-label solutions for businesses looking to enter the forex market. This service includes access to the broker's trading infrastructure, allowing partners to offer branded trading services to their clients.

  Asset Management Services: The broker also offers asset management services, providing clients with professional portfolio management and investment strategies tailored to their financial goals.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: Exclusive Group supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are widely recognized for their user-friendly interfaces and advanced trading features, making them popular choices among traders.

  Proprietary Platform Details: In addition to MT4 and MT5, Exclusive Group has developed its proprietary trading platform, which offers enhanced functionalities and customized features tailored to client needs.

  Web-Based Trading Platform: The broker provides a web-based trading platform that allows clients to trade directly from their browsers without the need for software installation. This platform is designed for ease of use and accessibility.

  Mobile Applications: Exclusive Group offers mobile trading applications for both iOS and Android devices. These apps enable traders to manage their accounts and execute trades on the go, ensuring flexibility and convenience.

  Execution Models (ECN, STP, Market Making): The broker operates under various execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing). This approach ensures fast and efficient trade execution, catering to different trading strategies.

  Server Locations and Technical Infrastructure: Exclusive Group utilizes state-of-the-art technology and secure server locations to ensure optimal performance and reliability. This infrastructure supports low-latency trading and enhances the overall trading experience.

  API Access and Automated Trading Support: The broker provides API access for algorithmic trading and automated trading strategies. This feature allows traders to implement advanced trading techniques and optimize their trading performance.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: Exclusive Group offers a standard account with a minimum deposit of $500, competitive spreads starting from 1.0 pips, and no commissions on trades. This account type is suitable for most retail traders.

  Advanced Account Types: The broker also provides advanced account types, including VIP and professional accounts. These accounts offer enhanced features, such as lower spreads, higher leverage, and priority customer support.

  Special Accounts: Exclusive Group offers specialized accounts, including Islamic accounts for clients who require compliance with Sharia law and corporate accounts for businesses looking to trade on behalf of their clients.

  Demo Account Policy: The broker provides a demo account for new traders to practice their skills and familiarize themselves with the trading platform. This account is funded with virtual money, allowing for risk-free trading.

  Leverage Ratios: Exclusive Group offers leverage ratios ranging from 1:100 to 1:2000, depending on the account type and trading instrument. This flexibility allows traders to manage their risk according to their trading strategies.

  Minimum Trade Sizes: The broker has a minimum trade size of 0.01 lots for standard accounts, enabling traders to control their exposure and manage their capital effectively.

  Overnight Fees Policy: Exclusive Group applies overnight fees (swap rates) based on the positions held overnight. These fees vary depending on the trading instrument and market conditions.

  

6. Fund Management

  Supported Deposit Methods: Exclusive Group supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. This variety ensures that clients have convenient options for funding their accounts.

  Minimum Deposit Requirements: The minimum deposit requirement varies by account type, with standard accounts requiring a minimum of $500, while VIP accounts may have higher thresholds.

  Deposit Processing Times: Deposits are typically processed within 1-3 business days, depending on the method used. Credit card deposits are often processed instantly, while bank transfers may take longer.

  Deposit Fees: Exclusive Group does not charge deposit fees for most methods. However, clients should check with their payment providers for any potential charges.

  Withdrawal Methods and Restrictions: The broker offers various withdrawal methods, including bank transfers and electronic wallets. Withdrawals are subject to verification processes to ensure security.

  Withdrawal Processing Times: Withdrawal requests are generally processed within 1-5 business days, depending on the method selected. The broker aims to process withdrawals promptly to enhance client satisfaction.

  Withdrawal Fee Structure: Exclusive Group does not impose withdrawal fees for standard methods. However, clients should verify with their chosen payment method for any applicable charges.

  

7. Customer Support and Educational Resources

  Support Channels: Exclusive Group provides multiple support channels, including phone, email, live chat, and social media. This ensures that clients can reach out for assistance whenever needed.

  Service Hours and Time Zone Coverage: The brokers customer support operates 24/5, covering major global time zones to accommodate clients from different regions.

  Multilingual Support: Exclusive Group offers support in multiple languages, including English, Spanish, French, and German, catering to a diverse client base.

  Types of Educational Resources: The broker provides various educational resources, including webinars, tutorials, and eBooks. These resources are designed to enhance traders' knowledge and skills.

  Market Analysis Services: Clients receive daily market analysis, news updates, and research reports to keep them informed about market trends and opportunities.

  Trading Tools: Exclusive Group offers a range of trading tools, including calculators, economic calendars, and signal services, to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: Exclusive Group primarily serves clients in Europe, Asia, and North America. Its global reach enables it to cater to a wide range of traders.

  Regional Office Distribution: The broker has established offices in key financial centers, including London, Hong Kong, and New York, to support its international operations.

  Countries/Regions Not Accepted: Exclusive Group does not accept clients from specific jurisdictions, including the United States and certain countries under international sanctions. This policy ensures compliance with local regulations.

  Special Restrictions: The broker adheres to various legal and regulatory restrictions based on the regions it operates in. These restrictions are designed to protect both the broker and its clients.

  In conclusion, the exclusive group broker stands out in the forex trading landscape, offering a comprehensive suite of services, robust regulatory compliance, and a commitment to client satisfaction. Whether you are a retail trader or an institutional client, Exclusive Group provides the tools and support necessary for a successful trading experience.

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Exclusive Group Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.32, Software Index 4.00 Risk Control Index 0.00.
Exclusive Group