Broker Information
Exobit
Exobit
No Regulation
Platform registered country and region
United Kingdom
+44 20 3885 7664
442038857664
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support@exobit.io
Company Summary
https://exobit.io/
Website
Influence
D
Influence index NO.1
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Benchmark | -- |
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Maximum Leverage | -- |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:400 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:300 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:200 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:100 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Note: Exobit's official website: https://exobit.io/ is currently inaccessible normally.
Exobit Review Summary | |
Founded | 2024 |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Foreign Currency Pairs, CFDs on Shares, Indices, Commodities, and Cryptocurrencies |
Demo Account | ❌ |
Leverage | Up to 1:400 |
EUR/ USD Spread | / |
Trading Platforms | Web-based |
Minimum Deposit | $250 |
Customer Support | Phone and email |
Based on the United Kingdom, Exobit offers forex and CFDs financial services through their web-based platforms. It offers different leverages for different account types. But it offers unsafe trading conditions such as unregulated environments, unreasonable fee items and so on.
Pros | Cons |
None | Not regulated |
False parent company | |
Inaccessible website | |
Ridiculous fees charged |
Exobit is not regulated. It asserts that SwellTech LLC is its parent company and is situated in Riga, Latvia's capital city. To verify this, we consulted the online registry of the Latvian financial regulator, the FCMC (Financial and Capital Market Commission), but found no record of a company by this name. Besides, their website is not accessed.
Exobit offers Foreign Currency Pairs, CFDs on Shares, Indices, Commodities, and Cryptocurrencies.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Shares | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Exobit offers the Presidential, Executive, Platinum, Premium and Green accounts. They require the minimum deposit of $250, which is higher than the regulated industry standard of $100 on average.
Exobit provides different leverage options for its account types. The Executive account features the highest leverage at 1:400. The Platinum account offers a slightly lower leverage of 1:300, while both the Premium and Green accounts provide a more moderate leverage of 1:200.
Account Type | Leverage |
Executive | 1:400 |
Platinum | 1:300 |
Premium | 1:200 |
Green | 1:200 |
As stated in the policy of Exobit, an account becomes dormant after just 60 days, incurring a monthly handling fee of 10% or 100 UST. Furthermore, each account incurs an annual handling fee exceeding 10%, which is quite outrageous.
Exobit says it supports a web-based trading platform. However, this platform can not be accessible due to their inaccessible website.
Exobit accepts credit and debit cards, but this acceptance is facilitated through a third-party vendor called Ipaytotal.solutions, which raises suspicion and decreases trustworthiness.
Notably, even if a withdrawal is cancelled, a 5% fee is still deducted. Additionally, if a bonus is applied (referred to as Credit Tokens), a 10% levy is charged on the total deposit when attempting to withdraw. The minimum withdrawal amounts are 50 UST for credit/debit cards and 100 UST for wire transfers, with all charges denominated in digital currency, not fiat, which adds to the questionable nature of the broker.
Exobit offers phone and email to contact.
Contact Options | Details |
Phone | +44 20 3885 7664/ 442038857664 |
support@exobit.io | |
Contact Form | ❌ |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | English |
Website Language | ❌ |
To this end, Exobit is an untrustworthy broker that has misrepresented its regulatory status, trading software, and inaccessible website. We strongly advise against conducting any business with this broker and would not recommend it to anyone.
Is Exobit safe?
No. Traders should avoid trading with it.
Is Exobit a good for beginners?
No. They do not offer demo accounts and requires high minimum deposit.
What security measures does Exobit have in place to protect my funds and personal information?
No.
Exobit
Exobit
No Regulation
Platform registered country and region
United Kingdom
+44 20 3885 7664
442038857664
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support@exobit.io
Company Summary
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