This is an archived reading from Sep 24, 2026. It is not the current one, and Exelium may have changed these documents since.Read the current report

Wikilix
Contract reading

What Exelium legally published, but does not want you to read

Every clause below was published by Exelium itself, on its own website, on the day we read it. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. This is what they said on .

Contracting entity: Exelium Ltd

sole discretionprofit voidingcounterpartyhidden feeforum waiverunilateral amendmentai bancomplaintscross border transfercurrency conversion

Exelium sells under one brand and contracts through two different companies. The footer on every page names Exelium Ltd in Anguilla, and that company's agreement names no licence and no regulator. It also has no withdrawal section, no client money segregation and nobody above the firm to complain to. The Persian pages tell readers the company holds a licence. The English, Spanish and Chinese pages of the same site do not.

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
14
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
7
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
4

How the 14 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning8
Notice0

section 142 of 147is where the deepest clause sits, 97% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 3 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

What the documents say

14 clauses worth knowing about, worst first, each quoted from Exelium's own files

01

The Persian version of Exelium's site ends every page saying the Anguilla company is registered and has obtained a licence. The English, Spanish and Chinese versions of the same footer say only that it is incorporated. The Exelium Ltd agreement you would sign names no licence and no regulator.

Why this matters

If you read the Persian pages, you believe a financial authority is watching this company. Nothing in its contract supports that, and no regulator is named anywhere in the document to take your complaint.

Exhibit 1CriticalRarely seen

Exelium Ltd (hereafter the “Company”) is a limited liability company incorporated and registered under the laws of Anguilla, with Company number A000001254 and a registered address at Anguilla, The Valley, AI-2640, No.8 Cassius Webster Building, Grace Complex.
Clause Opening paragraph in Client Agreement, p.2
Read from the broker's site on Open the reference
Our own capture of exeliumglobal.com, taken on Sep 24, 2026The claim, on Closing line of the Persian footer sentence naming Exelium Ltd, Anguilla company number A000001254, on every page of the Persian siteVisit this page on the broker's siteDownload the full size image file
Our own capture of exelium.com, taken on Sep 24, 2026What the contract says, clause Opening paragraphVisit this page on the broker's siteDownload the full size image file

Where it sits: section 5 of 147 in the Client Agreement, near the start.

Our readingThe extra words appear in one language only. The same sentence, on the same site, in three other languages stops at incorporation, so the claim is added exactly where a reader is least likely to check the English contract.

  • Worse together with Exhibit 2One page tells a Persian reader the company is licensed and then hands them a contract belonging to a different company in a different country.
02

Every page of exeliumglobal.com says the Exelium brand belongs to Exelium Ltd in Anguilla. The only contract that page offers you belongs to Exelium Global Ltd in Seychelles. The two agreements run under different law and different courts.

Why this matters

You cannot tell which company holds your money until something goes wrong. One version sends you to the courts of Anguilla with no regulator above it. The other sends you to Seychelles, where the Financial Services Authority will at least look at your complaint.

Exhibit 2CriticalRarely seen

The Competent Courts for all disputes and controversies arising out of or in connection with the Agreement shall be the Courts of Anguilla.
Clause 27.2 in Client Agreement, p.20
Read from the broker's site on Open the reference
Our own capture of exeliumglobal.com, taken on Sep 24, 2026The claim, on Footer of the legal documents page, which offers only Exelium Global Ltd documentsVisit this page on the broker's siteDownload the full size image file
Our own capture of exeliumglobal.com, taken on Sep 24, 2026What the contract says, clause Opening paragraphVisit this page on the broker's siteDownload the full size image file
Our own capture of exelium.com, taken on Sep 24, 2026Two companies, two countries, and no answer on which binds you (clause 27.2)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 140 of 147 in the Client Agreement, 95% of the way through.

Our readingBrokers often run several entities. Naming one company in the footer of a page whose legal documents section publishes only the other company's contract is the unusual part, because the reader has no way to match the promise to the paperwork.

03

Exelium Ltd's client agreement never sets out how you get your money back. There is no deadline, no method rule and no list of grounds for refusing. The one sentence that mentions withdrawals sends you to internal policies the company does not publish.

Why this matters

You have no promise to hold Exelium to. Nothing in the contract says when a payout must reach you, or what would let the firm stop it, so a delay breaks no term you agreed.

Exhibit 3CriticalRarely seen

All other requests will be treated as normal withdrawals and will be processed as per Company's policies and procedures.
Clause 23.3 in Client Agreement, p.17
Read from the broker's site on Open the reference
Our own capture of exelium.com, taken on Sep 24, 2026The Anguilla agreement has no withdrawal section at all (clause 23.3)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 128 of 147 in the Client Agreement, 87% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must keep retail client money in segregated accounts and return it promptly when a client asks. This agreement sets out no withdrawal process and names no timescale.

Exelium is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA client agreement that is silent on withdrawals is unusual even offshore. Exelium's own Seychelles agreement devotes a whole section to client money and withdrawals, so the omission is specific to the Anguilla contract rather than to the template.

  • Worse together with Exhibit 14No withdrawal process and no segregation clause means neither the route out nor the place your money sits is written down.
04

A clause added since the October 2025 version lets Exelium take a 10% penalty fee out of your deposit, with a $25 minimum, if it suspects abusive behaviour. Suspicion is the whole test. Clause 13.2 already let it cancel the trades and close the account.

Why this matters

You can be fined a tenth of what you paid in without anything being proved against you. The contract gives you no appeal and no definition of the behaviour it is fining you for.

Exhibit 4CriticalRarely seen10%New

If the Company suspects or has reasonable grounds to believe that the Client has been engaged into an abusive behavior as indicated above the Company reserves the right to apply a 10% penalty fee of the client’s deposit with minimum fee of 25USD (Twenty five US Dollars).
Clause 13.3 in Client Agreement, p.14
Read from the broker's site on Open the reference
Our own capture of exelium.com, taken on Sep 24, 2026New clause fines you 10% of your deposit on suspicion (clause 13.3)Visit this page on the broker's siteDownload the full size image file

Buried at section 91 of 147 in the Client Agreement, 62% of the way through.

What it costsOn a $1,000 deposit the penalty is $100. On a $200 deposit the minimum bites instead, so Exelium takes $25.

Our readingBrokers normally answer suspected market abuse by voiding the trades in question. A flat percentage fine on money you deposited is a penalty device, and it takes from your own capital rather than from the disputed profit.

  • Worse together with Exhibit 5The same suspicion that cancels your profit under clause 8.12 also triggers the fine on your deposit under clause 13.3.
05

Clause 8.12 lets Exelium cancel any profit it decides came from abusive trading, at its sole discretion. Clause 8.11 sets out what counts, and the list includes scalping and two accounts registered from one internet address.

Why this matters

Fast trading and a shared home connection are both on the list. Either one lets Exelium delete your winnings and close your account, and the contract makes its own view of what happened the only one that counts.

Exhibit 5CriticalHarder than usual

The Company reserves the right, at its sole discretion, to revoke any transactions based on fraudulent or abusive trading strategies (as defined in section 8.11 but not limited to the above references), to make all necessary corrections or adjustments such as to adjust the price spread available to the client where applicable and/or remove, cancel any profit/loss generated from the abusive trading activity.
Clause 8.12 in Client Agreement, p.10
Read from the broker's site on Open the reference
Our own capture of exelium.com, taken on Sep 24, 2026Profit can be cancelled for trading the firm calls abusive (clause 8.12)Visit this page on the broker's siteDownload the full size image file

Where it sits: section 62 of 147 in the Client Agreement, 42% of the way through.

Our readingAnti-abuse clauses are normal. Naming scalping and shared internet addresses as abuse, with no definition and no appeal, is the same clause written further in the firm's favour.

  • Worse together with Exhibit 3Exelium can delete the profit under clause 8.12 while no clause anywhere obliges it to pay out what is left.

Four separate clauses let Exelium take back your profit

A 10% fine on your deposit arrived in the latest version of Exelium's client agreement, triggered by suspicion alone. Clause 8.12 cancels profit from trading it calls abusive, and the definition includes scalping and two accounts on one internet address. Clause 12.7 withholds profit made with any AI tool, and clause 8.13 reverses profit on Islamic accounts.

Keeping what you earn1 clause flagged

Clause 12.7 bans any software using artificial intelligence or similar analytical technology anywhere near the platform. If Exelium decides, on its own, that you used some, it can withhold every profit that activity produced and add fees or penalties on top.

Why this matters

The ban covers analysis tools, not only trading robots, and no test separates the two. Exelium alone decides whether you crossed the line, and your money is what pays for its answer.

Exhibit 6CriticalRarely seen

The use of any software, system, or mechanism that employs artificial intelligence (AI) or similar analytical technology in connection with our Trading Platform or related computer systems is strictly prohibited.
Clause 12.7 in Client Agreement, p.13
Read from the broker's site on Open the reference
Our own capture of exelium.com, taken on Sep 24, 2026Any use of AI tools voids your profit (clause 12.7)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Where it sits: section 86 of 147 in the Client Agreement, 59% of the way through.

Our readingMost agreements restrict automated execution or arbitrage systems. A blanket ban on analytical technology, attached to a right to keep the resulting profit, reaches far past the trading behaviour it is meant to stop.

The only price in Exelium's contract is the fee for doing nothing

Clause 4.1 keeps Exelium's charges off the contract and on a web page it can change without consulting you. Currency conversion is listed as a cost with no rate beside it. The homepage advertises zero commission while the pricing page charges $30 per million.

Cost disclosure1 clause flagged

Clause 4.1 keeps every charge off the contract and on the website, then lets Exelium change those charges without consulting you and without your consent. The only price written into the agreement is the inactivity fee.

Why this matters

You agree to costs that can be rewritten the day after you deposit. Nothing in the contract caps a spread, a conversion rate or a commission, and the currency conversion charge in clause 4.3 comes with no rate attached.

Exhibit 8WarningHarder than usual

The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client.
Clause 4.1 in Client Agreement, p.6
Read from the broker's site on Open the reference
Our own capture of exeliumglobal.com, taken on Sep 24, 2026The claim, on Low Investing Cost panel on the English homepageVisit this page on the broker's siteDownload the full size image file
Our own capture of exelium.com, taken on Sep 24, 2026What the contract says, clause 4.3Visit this page on the broker's siteDownload the full size image file

Where it sits: section 37 of 147 in the Client Agreement, near the start.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client the costs and charges of a product before they trade it. This agreement points to a web page and reserves the right to change it without consulting you.

Exelium is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Exelium can change the rules on your account without telling you

Clause 9.2 lets Exelium reset your leverage without notice at its sole and absolute discretion. Clause 26.1 moves money between your accounts without notice, and clause 21.3 can reverse every trade you ever made there. The swap free account you opened for religious reasons can be switched off and charged backwards.

Terms that move2 clauses flagged

Exelium offers swap free accounts to clients whose faith forbids interest. Clause 8.13 lets it switch that off whenever it likes, reverse the profits you built up, and charge you the swap fees backwards as if the account had never been swap free.

Why this matters

You chose this account type for religious reasons, and the contract lets Exelium unwind it later and bill you for the interest you were avoiding. The trigger is arbitrage or swap abuse, but the clause also fires whenever Exelium considers it necessary.

Exhibit 7WarningHarder than usual

Furthermore, the Company may offer the possibility to the Clients for swap free trading, however it reserves the right to enable or disable swap free trading at its discretion and/or reverse any cumulative profits generated from such trading and/or charge retrospectively fees that should have been incurred if swap free trading was disabled.
Clause 8.13 in Client Agreement, p.10
Read from the broker's site on Open the reference

Where it sits: section 63 of 147 in the Client Agreement, 43% of the way through.

Exelium can change your leverage at any time with no warning, under clause 9.2. Clause 26.1 lets it take money from one of your accounts to cover another without telling you. Clause 21.3 lets it close you down and reverse every past trade on the account.

Why this matters

A leverage change you did not ask for can push open positions towards a margin close-out the same day. The reversal power in clause 21.3 reaches trades you settled months ago.

Exhibit 11WarningHarder than usual

Margin or leverage Level may be set and varied without prior notice from time to time in the Company’s sole and absolute discretion in order to cover any realised or unrealised losses arising from or in connection with transactions, including subsequent variation of any Margin rates set at the time transactions are opened.
Clause 9.2 in Client Agreement, p.11
Read from the broker's site on Open the reference

Where it sits: section 67 of 147 in the Client Agreement, 46% of the way through.

Exelium Ltd answers in 60 business days and that is the end of it

Exelium Ltd gives itself up to 60 business days for a final answer on a complaint, around three months. Its policy then stops, naming no regulator and no independent scheme. Clients of the Seychelles company get a fourth step that takes them to the Financial Services Authority.

When you complain1 clause flagged

Exelium Ltd has up to 60 business days to give you a final answer on a complaint. When that answer arrives, the policy stops. There is no regulator and no independent scheme named for you to take it to.

Why this matters

Sixty business days is around three months of waiting. After that your only route is a court in Anguilla, because the Anguilla company answers to no complaints body.

Exhibit 10WarningHarder than usual60 working days

A final response should be provided to the Client within 60 business days the latest from the date he submitted his complaint;
Clause Annex 1, Procedure, item 3 in Client Agreement, p.21
Read from the broker's site on Open the reference

Buried at section 142 of 147 in the Client Agreement, 97% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give clients access to an independent ombudsman or compensation scheme once the firm's own answer runs out. Exelium Ltd's policy ends with the firm's own final response.

Exelium is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 2Clients of the Seychelles company can escalate to a regulator, and clients of the Anguilla company signed the version where that step does not exist.

Exelium Ltd collects your identity file and grants no rights over it

Exelium Ltd requires a passport or identity card, proof of address and details of your income and wealth. Its privacy policy gives no right of access, correction or deletion, and clause 16.7 allows transfers to parties in other countries. The Seychelles policy grants all of those rights in writing.

Your documents1 clause flagged

Exelium Ltd asks for your passport, your address proof and details of your income and wealth. Its privacy policy then gives you no right of access, no correction and no deletion. Clause 16.7 lets it send that file to parties in other countries.

Why this matters

You hand over identity documents and financial history and cannot get them back or corrected. Exelium Global Ltd's clients have those rights in writing under the Seychelles data law, and you do not.

Exhibit 12WarningHarder than usual

In order for the Company to provide services to its Clients, the Company may be required to transfer the Client’s personal information to parties located in countries.
Clause 16.7 in Client Agreement, p.17
Read from the broker's site on Open the reference

Buried at section 104 of 147 in the Client Agreement, 71% of the way through.

Exelium is your counterparty and sets your prices

Clause 8.1 of the Exelium Ltd agreement makes the company the counterparty to every trade you place. Clause 8.6 lets it set the quotes at absolute discretion and clause 8.8 makes its corrections conclusive and binding. This much is disclosed, and it is normal for the industry, but Exelium Ltd publishes no conflicts of interest policy of its own.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Both sides of the trade1 clause flagged

Clause 8.1 makes Exelium the counterparty to your trades, so your loss is its gain. Clause 8.6 lets it set the quotes at its absolute discretion, and clause 8.8 makes its price adjustments conclusive and binding on you.

Why this matters

The company on the other side of your trade also decides the price you get and whether that price was wrong. Exelium Ltd publishes no conflicts of interest policy, so the only one in the set belongs to the Seychelles company.

Exhibit 13WarningStandard wording

The Company will be the contractual counterparty to the Client.
Clause 8.1 in Client Agreement, p.8
Read from the broker's site on Open the reference

Where it sits: section 55 of 147 in the Client Agreement, 37% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must identify and manage conflicts of interest and publish how they do it. The Anguilla agreement handles this in a single paragraph at clause 6.1 and points to no policy.

Exelium is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Six months without a trade costs you five dollars

Exelium Ltd charges up to $5 every six months once you stop trading, and clause 4.3 counts trading activity rather than transactions, so topping up the account does not reset it. Exelium Global Ltd charges $10 once a year for the same thing.

Dormant accounts1 clause flagged

Stop trading for six months and Exelium can take up to $5 from your balance, then repeat it every six months. Depositing money does not help: the clause counts trading activity, not transactions.

Why this matters

A small balance you leave alone shrinks on its own. Exelium Global Ltd charges its clients $10 once a year for the same thing, so the Anguilla contract bills you twice as often.

Exhibit 9WarningHarder than usual$5

The inactivity fee will be up to USD 5 (five US Dollars), and the Company reserves the right to charge the said fee every 6 (six) months if there is no trading activity by the Client the preceding 6 (six) months.
Clause 4.3 in Client Agreement, p.7
Read from the broker's site on Open the reference

Where it sits: section 43 of 147 in the Client Agreement, 29% of the way through.

What it costsLeave $50 in an untouched account for two years. Four charges of $5 take $20 of it.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
6 months with no tradingExelium can take up to $5 from your account.4.3
Every 6 months after thatThe same charge can be applied again for each further period without trading.4.3

The segregated accounts promise belongs to the other company

Exelium's homepage says it keeps your money secure in segregated accounts. Clause 7.1 of the Exelium Global Ltd agreement does promise exactly that. The Exelium Ltd agreement has no client money section at all, no segregation clause and no compensation scheme.

Where your money sits1 clause flagged

Exelium's homepage says your money is kept in segregated accounts. The clause that promises it, clause 7.1, is in the Exelium Global Ltd agreement. The Exelium Ltd agreement has no client money section, no segregation and no compensation scheme.

Why this matters

If you signed the Anguilla contract, nothing obliges Exelium to keep your deposit apart from its own money. There is no scheme to pay you back if the company fails.

Exhibit 14WarningHarder than usual

The Company ensures to promptly place any Client money segregated from the Company’s own accounts and opened with an approved bank and/or a payment provider that has been assessed by the Company and/or approved by the Company’s Management.
Clause 7.1 in Client Services Agreement, p.8
Read from the broker's site on Open the reference

Where it sits: section 39 of 170 in the Client Services Agreement, near the start.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must hold retail client money separately from their own and belong to a compensation scheme. The Anguilla agreement contains neither commitment.

Exelium is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The Persian footer says the Anguilla company holds a licence, and its own client agreement records only that it is incorporated.

Said in public, in Persian

ثبت شده و مجوز دریافت کرده است.

Word for word in English: is registered and has obtained a licence.

Closing line of the Persian footer sentence naming Exelium Ltd, Anguilla company number A000001254, on every page of the Persian site

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exeliumglobal.com

In the contract · clause Opening paragraph

Exelium Ltd (hereafter the “Company”) is a limited liability company incorporated and registered under the laws of Anguilla, with Company number A000001254 and a registered address at Anguilla, The Valley, AI-2640, No.8 Cassius Webster Building, Grace Complex.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exelium.com

02

The page names the Anguilla company as the brand owner and then publishes only the Seychelles company's contract.

Said in public, in English

Exelium is a trading name of Exelium Ltd, a company incorporated in Anguilla with registration number A000001254 and registered office address at the Valley, AI-2640, No.8 Cassius Webster Building , Grace Complex, Anguilla.

Footer of the legal documents page, which offers only Exelium Global Ltd documents

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exeliumglobal.com

In the contract · clause Opening paragraph

Exelium Global Ltd (hereafter the “Company”) is a limited liability company incorporated and registered under the laws of Seychelles, with Company number 8438379-1 and a registered address at CT House, Office No. 9A, Providence, Mahe, Seychelles.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exeliumglobal.com

03

The table promises no withdrawal fee while the contract makes you carry the bank charges when Exelium reverses a payout.

In the contract · clause 7.6

Where applicable, if the Company is not satisfied with any documentation provided by the Client or if the company has reasonable grounds for suspecting that a Client violates Applicable regulations, then the Company will reverse the withdrawal transaction and deposit the amount back to the Client’s Account and the Client will suffer the relevant Client’s bank account provider’s charges.

04

The homepage advertises zero commission while the contract charges commission on futures and share CFDs and the broker's own pricing page lists $30 per million.

Said in public, in English

Invest with 0 commission and Spreads from 0.0 pips.

Low Investing Cost panel on the English homepage

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exeliumglobal.com

In the contract · clause 4.3

Commission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of exelium.com

What changed quietly

This is our first reading of Exelium, so there is no earlier version of this page to compare it against. We did compare today's Exelium Ltd client agreement against the broker's own October 2025 file, and one clause was added: 13.3, a 10% penalty fee on the client's deposit.

  • ADDEDClause 13.3 · 151025 to 090426

    Exelium gave itself a new power to fine you a tenth of your deposit, on suspicion alone, on top of cancelling the trades.

    If the Company suspects or has reasonable grounds to believe that the Client has been engaged into an abusive behavior as indicated above the Company reserves the right to apply a 10% penalty fee of the client’s deposit with minimum fee of 25USD (Twenty five US Dollars).

The documents this reading is based on

7 files, all published by Exelium. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording Exelium publishes.

How this reading was done

Every clause above was read out of a document Exelium publishes itself

This reading was published on .

Documents
7 of 7downloaded from the broker's site, and 7 read in full
Pages opened
80pages walked to find those documents, footer links included
Older copies
2earlier versions downloaded
Marketing pages
11public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
14clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Exelium Ltd

Exelium Ltd is a company registered in Anguilla under number A000001254. Every page of exeliumglobal.com ends with the line that Exelium is its trading name, and exelium.com publishes its client agreement. That agreement names no licence and no regulator anywhere in its 27 clauses. Exelium Global Ltd is a separate company in Seychelles, number 8438379-1, and it does hold a licence: Financial Services Authority number SD238. The site lists it under the heading Other Group Regulations. The two companies have different contracts, different governing law and different complaint routes, and nothing on the site tells you which one you sign with.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The Seychelles company, Exelium Global Ltd, publishes a real document set: a client agreement, a complaints policy that ends at the Financial Services Authority, a conflicts of interest policy, a privacy policy with data rights, and a Key Fact Statement. That Key Fact Statement is better than most offshore brokers manage. It works a live example through margin, notional value and four outcomes, including a stress case that loses $18,953 on $20,000 of equity. Exelium also states its close-out levels plainly in clause 9.1: positions may be closed at 100% of margin and are closed automatically at 50%.

We read all seven current documents end to end, plus the broker's own October 2025 copy of the Exelium Ltd client agreement. Every marketing claim quoted here comes from a page we opened ourselves on exeliumglobal.com. We could not open the pages on exelium.com, including the 100% deposit bonus page, so this reading says nothing about what that bonus promises. Exelium publishes no bonus terms, no payment terms and no separate risk disclosure, so there was nothing to read on deposit fees, withdrawal timing or bonus conditions. No earlier copy of the five Exelium Global Ltd documents exists, so only the Anguilla agreement could be compared against an older version.

How to check any of this yourself

Every quote above links to the Exelium file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document Exelium publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge Exelium on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 24, 2026.

If you represent Exelium and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on Exelium. Whether its licence is real and current is a separate check on the broker profile.