Excaliburfitpips is a contract for difference brokerage website registered on February 23, 2024. This broker primarily offers investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities, and does not provide services to countries and regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the official website of Excaliburfitpips (excaliburfitspips.com), the broker was founded in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed its company entity registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have registration information for a company named "Excaliburfitpips".
Therefore, Excaliburfitpips (excaliburfitspips.com) is essentially a fraudulent brokerage website with neither a company entity nor any regulation.
Account Opening Process
The account opening process for Excaliburfitpips trading accounts involves opening the broker's official website, clicking on "Open Account" on the homepage or "Sign Up" at the top right corner of the webpage to access the account registration page, filling in personal information such as name and email, setting a login password, and submitting the details. Once the account is verified, registration is successful.
Trading Instruments:
Excaliburfitpips offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific industries without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, leveraging high margins to enhance potential returns.
- Commodities: Commodity trading covers key resources in global markets, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price movements and dividends of public companies based on company performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading provides enthusiasts with the opportunity to profit from highly volatile digital assets.
Trading Platform
Excaliburfitpips offers a self-developed trading platform and claims an average order execution speed of less than 7.12 milliseconds, with more than extensive liquidity providers and over 12,000 orders executed per second.
Deposits and Withdrawals
Excaliburfitpips only supports deposits and withdrawals through cryptocurrencies.
Summary:
Traderknows reminds investors that Excaliburfitpips is essentially a fraudulent broker website with no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
