EXALLT REVIEW

EXALLT REVIEW

Exallt is a new FX and CFD brand offering trading solutions for CFDs worldwide. 

Exallt.io is a leading forex trading broker in terms of transparency and trustworthiness.

Exallt offers its clients access to industry-leading tools and resources to help them succeed in their trading endeavours. Offering competitive spreads on its 40+ currency pairs and favourable commission rates for Pro and VIP Account holders, Exallt.io is an attractive option for investors of any experience level.

SECURITY AND REGULATION OF EXALLT.IO

When we are talking about forex regulation, we are talking about regulatory bodies that serve as financial and administrative authorities that develop, regulate, and monitor the capital market in their jurisdictions with the intent to protect investors. 

This also means they manage or restrict certain trading activities and the offering of promotions and bonuses, as well as leverage. 

Exallt does not hold any regulation but is working in accordance with the regulatory requirements while offering higher leverage (max1:300).

The security of the website and trading platform is the latest that online technology is able to provide. Since people leave their details, they are required to maintain this level of online security.

Additionally, they segregate all funds, meaning that the funds of their clients are not mixed with their own funds; this gives another layer of protection to their clients in case something goes wrong with the company.

MINIMUM DEPOSIT WITH EXALLT

The required minimum deposit depends on the account that you open.

To open a Test account, Exallt.io requires clients to make a minimum deposit of at least $5000. This fairly high deposit makes opening an account at Exallt less accessible for low-volume and novice traders. On the other hand, it also gives the trader the right amount to actually be able to get a profit from its trading activity. One should decide for themselves if they are able to invest this amount or not.

Exallt requires a minimum deposit of at least $25,000 for standard accounts. This, of course, is geared more towards experienced and high-volume traders.

TYPES OF ACCOUNTS

As discussed above, individuals can choose between four types of accounts at Exallt: test, standard, pro and VIP.

Executive Account

Test account details

You can start the Test account to try the platform, its tools, and its functions. The minimal deposit is €5000. The maximum number of lots available is 10. 

Standard account details

The Standard account is developed for those who aim at higher volume trading. The key features of this account are the following:

• Maximum number of lots – 40
• Tight spreads
• No commission
• Available assets – Forex, Cryptocurrencies, Commodities, Stocks, Metals & Indices.

Pro account details

The Pro account is designed for full-time traders. It provides all the necessary tools and options for monitoring the financial markets and making instant decisions:

• Increased leverage (300)
• Maximum lots – 50
• All assets are available

Vip account details

The Vip account suggests exactly the same thing as what it means. Trade without limits:

• Increased leverage (400)
• Maximum lots – 100
• 24/7 support

You can compare all types of accounts in the following chart:

Like most other brokers, Exallt allows potential clients to open a demo account to practice trading in a simulated environment before they begin live trading.

DEPOSITS & WITHDRAWALS

Making deposits and withdrawals with Exallt is a seamless and easy process. Deposits can be made via various methods, including:

• Debit/Credit Cards
• Bank Transfer
• Bitcoin

For all payment methods except bank transfers, deposits take only one day to process. For bank transfers, it takes one to three days to process. Exallt does not charge any deposit fees.

Deposits

Withdrawals can be made via the same methods listed above for deposits. Bank transfers take three to five working days, and debit/credit cards take five or more working days.

The minimum withdrawal for bank transfers is $100 for every other method. But this might change. (We will update the moment this is no longer the correct amount).

EXALLT TRADING PLATFORMS & TOOLS

Exallt uses the incredibly powerful easytech webtrader as its sole trading platform and offers its clients several but limited research and educational resources.

The webtrader of exallt is an industry-leading trading platform that has powerful charting and trading capabilities. The trading platform can be used on any browser and operating system.

The trading platform allows users to implement the most complex trading strategies by offering Multiple execution modes, market orders, pending orders, stop orders, and a trailing stop.

The webtrader of exallt also offers amazing analytical capabilities, including interactive charts with nine time periods and online quotes. Moreover, traders have access to numerous analytical objects and built-in technical indicators. 

The Exallt trader also provides a great environment to develop, test, and optimize algorithmic trading strategies. This allows traders to implement just about any strategy.

Overall, The Exallt webtrader is essentially the ultimate trading platform — allowing traders of any experience level to take advantage of its many features and capabilities.

Mobile Trading

Exallt also offers mobile trading through the exallt mobile app on iOS and Android devices — allowing traders to manage their positions and stay current with market news from any location. The exallt mobile apps retain most of the functionality provided by the desktop and web-based versions.

EDUCATION RESOURCES

Exallt’s Academy has a limited education centre that offers a variety of tools, resources, and guides to help beginner traders develop their strategies and expand their knowledge.

Overall this is not something this broker really pushes as most of the clients are well-versed in trading online.

Exallt offers written guides on basic topics, such as “Hedging?” “How to start trading forex, leverage explained and more.

CUSTOMER SERVICE

Exallt customer support is available 24 hours daily, five days weekly. Clients can contact support by submitting a message directly on Exallt’s website, by calling them, by email, or via the website for more time-sensitive inquiries. The company can also be contacted through its social media profiles on Facebook, Twitter, and Instagram.

FINAL THOUGHTS

Exallt is a fantastic forex broker accommodating novice, experienced, low-volume, and high-volume traders.

Standard Accounts offer competitive spreads and accessibility for discretionary traders, while the pro and VIP accounts allow high-volume traders to take advantage of tighter spreads and favourable commission rates.

Additionally, innovative and powerful trading tools and platforms, strict online security, low fees, and dedication to customer support via educational resources make Exallt an ideal forex trading broker.

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At all times due your own due diligence on where to trade and with whom to trade. Never trade  more then you are able to afford to loose.!!

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.