Exclusive Capital Review 5
Exclusive Capital is a top-notch trading platform that offers a diverse range of tradable assets. Their minimum deposit is very competitive, making it easy for traders of all levels to get started. Overall, they provide a great experience for me.
Everything here is good but document verification for Indians can be smoother.
Exclusive Capital has impressed me with their surprisingly deep liquidity. I started with a real $1,000 account and dove right in. EUR/USD (EU): Opened a 3-lot position with zero slippage on entry and exit. USD/JPY (UJ): Opened a 3-lot position with minimal slippage (0.1 pip) on entry and none on the take profit. Gold: Since pip calculations for gold can vary, I'll focus on dollar amounts for slippage. A 0.5-lot position had no slippage, while a 1-lot position had a mere $0.01 slippage. Both positions hit the stop-loss simultaneously with $0.02 slippage each. The incredibly tight spreads and low trading costs make them one of the most affordable brokers I've encountered.
I tried their demo account and found that the level of spreads is not consistent with the official website. In addition, the commission is relatively high, which means that the transaction cost is high. So I don't plan to deposit money to trade.
To be honest, this unprofessional broker is trying to pose as a professional platform, no clear information on its minimum deposit requirements, spreads or commissions, etc. I tried to contact them through online chat to ask its account-setting information, no one answered me at all. You’d better skip it and find others.