Exallt review, Trade crypto review

Exallt Review

Exallt competitive pricing and scalable execution make it an excellent option for serious traders. Exallt delivers an impressive range of tradeable assets on a high-end trading platform and is competitive with its industry peers for its fees and commissions.

Overall

• Minimum Deposit: $5000
• Trust Score: 74
• Tradeable Symbols (Total): 450+

Exallt pros and cons

 Pros

• Offers competitive pricing across all account types with low average spreads.
• Third-party research and trading tool plugins enhance the Exallt offering.
• The available range of markets is significant.
• Exallt’s low-cost, scalable execution makes it a perfect fit for traders who want to run alternative trading strategies.
• Multiple options for funding your accounts.
• Segregated trading accounts.

Cons

• It trails the best forex brokers when it comes to its scope of market research and the quality of its educational content.
• Does not maintains regulatory status in one tier-1 jurisdiction and one tier-2 jurisdiction.

Overall summary

Cryptocurrenciestrading.com has been reviewing online forex brokers for over 8 years. Each year, we collect thousands of data points and publish tens of thousands of words of research.

Is Exallt safe?

Trust Score – 74

Exallt is considered trustworthy, with an overall Trust Score of 74 out of 100. 

Exallt is not publicly traded and does not operate a bank. 

Offering of investments

Exallt offers a total of 450+ tradeable instruments across the world. The table below summarizes the different investment products available to Exallt clients.

Cryptocurrency: Cryptocurrency trading is available at Exallt through CFDs but not through trading the underlying asset (e.g., buying Bitcoin). 

Commissions and fees

 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Considering the small effective spreads and the low deposit requirement for its commission-based accounts, Exallt’s trading costs rival the best low-cost forex brokers.

Account types: Exallt offers four account options

Active traders: Exallt offers discounts to traders that trade over 100 standard lots per month (for this, you best use their VIP account).

Mobile trading 

Exallt provides mobile trading for their trading platform, which comes standard for iOS and Android. 

Tools comparison: The webtrader and the mobile trader have similar mobile functionality and charting. The platform you choose will likely depend on whether you trade manually or use desktop platforms.

Platform overview: Exallt offers the Exallt trading platform developed by Easytech.

Charting: Charts on the trading platform are excellent, with various default indicators pre-installed. The Exallt platform offering includes both web-based and desktop versions.

Tools: Exallt provides access to the Advanced Trading Tools package, platform add-ons developed by Easytech. 

VPS services: For traders that aim to trade large volumes, Exallt offers several benefits to accommodate those traders.

Market research

Though Exallt has shown improvement with the articles section, research still needs to improve its overall offering compared to the best brokers in this category.

Market news and analysis: Exallt delivers in-house technical and fundamental analysis content through its blog and provides daily updates in its market analysis section through third party services. 

Is my money safe with Exallt?

Exallt is not regulated. The degree of safety of your funds will depend on which entity holds your funds. All accounts are segregated, and the client’s money at no time used for the company’s operational costs.

What is the minimum Deposit for Exallt?

The minimum Deposit at Exallt starts at $5000 to open a live account. The main funding methods, from bank transfers and credit cards to cryptocurrency, are available.

Final thoughts

Exallt appeals primarily to intermediate traders that use the easytech platforms and who need agency execution coupled with competitive spreads and low commissions.

Catering to high-frequency traders helps Exallt achieve significantly higher trading volumes than its peers.

Exallt’s overall offering makes it appealing to retail forex and CFD traders. 

Is Exallt a good broker?

Exallt is a good broker for investors who want to run scalping and hedging trading strategies on the Exallt Trading platforms.

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.