Exopip is a firm that offers trading contracts for difference on its own platform. The company is relatively new, having started its operations in 2023. In several places, it is mentioned that the broker has official registration, but this information is unknown to us. We only know the office address in London. The organization does not have any licenses, and its creators openly admit to this. Do you think this company can be considered reliable, or is it another scam?
Trading Conditions
To trade on Exopip, you will need to deposit at least $250, even though the account types page states a minimum deposit of €10,000. The broker’s proprietary platform offers CFDs on currencies, cryptocurrencies, commodities, stocks, and indices. The leverage is set at 1:200. The available account types are:
- Bronze.
- Silver.
- Gold.
- Platinum.
- Diamond.
- Premium.
- VIP.
Exopip offers a referral program, market reviews, personal manager support, training, and social trading. There is no demo account available, but starting from the Gold account, one risk-free trade is offered. It is also possible to open an Islamic account without swaps. The balance can be topped up using payment systems, bank transfers, or credit cards.
After some time, they stopped answering my questions. They said that I had educational materials and I should learn on my own, but as a beginner, I didn't understand much. My earnings didn't increase... And then they told me that I should also invite people to trade here. How can I recommend a company to others that doesn't satisfy me?