Exobit Review

About Exobit

Exobit is not regulated by any recognized financial authority; no valid licenses or authorizations have been identified (). The company claims affiliations with SwellTech LLC in Latvia or the United Kingdom, yet no corresponding entity appears in official registries (). Trading instruments include foreign exchange pairs and CFDs on shares, indices, commodities, and cryptocurrencies, via a web‑based platform (not MT4/MT5) ().

Account types offered include Presidential, Executive, Platinum, Premium, and Green, with minimum deposits starting from US $250 (). Maximum leverage goes up to 1:400, varying by account type (e.g., Executive up to 1:400, Platinum up to 1:300, Premium 1:200, Green 1:200) (). Deposits and withdrawals are handled via a third‑party provider (Ipaytotal.solutions) using credit/debit cards or wire transfers; minimum withdrawal is 50 UST (cards) or 100 UST (wire), with fees in cryptocurrency (). Withdrawal requests incur a 5% fee even if cancelled; using bonuses (“Credit Tokens”) incurs a 10% levy; dormant accounts (60 days) incur monthly handling fees and annual fees exceeding 10% ().

Scam‑detection services assign a very low trust score to exobit.io, citing website registration via proxy, low visitor traffic, and hosting alongside suspicious websites ().

Pros and cons

Cons

• Unregulated broker with no recognized licenses ().
• Website frequently inaccessible or unresponsive ().
• High leverage up to 1:400, exceeding regulated limits ().
• Opaque and punitive fee structure: high withdrawal, inactivity, bonus-related fees ().
• Deposits/withdrawals in cryptocurrency only, handled by third-party provider, increasing risk ().
• Trust score flagged as very low by ScamAdviser ().