Accounts and access
Sections ↑Advertised account thresholds
Markets and platforms
Sections ↑Platform and exposure
Fees and ongoing costs
Sections ↑What a complete price quote must add
| Item | Terms and implications |
|---|---|
| Spread floor | The lowest advertised spread is not a typical spread or an all-in round-trip cost.Source 1 |
| ECN commission | A zero spread can coexist with commission; obtain the amount, currency, lot basis and whether it is per side.Source 1 |
| Holding costs | Elite advertises a swap-free option, but the applicable instruments, duration and replacement fees were not verified.Source 1 |
Orders, margin and execution
Sections ↑Published trading features
| Item | Terms and implications |
|---|---|
| Leverage | Up to 1:500, subject to the instrument and account.Source 1 |
| ECN strategies | Scalping and Expert Advisors are advertised.Source 1 |
| Missing execution detail | No complete verified schedule for margin call, stop-out, order limits or guaranteed-stop terms was available.Source 1 |
Deposits, withdrawals and balances
Sections ↑An opening deposit is not a withdrawal policy. The inspected public offer does not establish payment methods, fees, payout deadlines, refund routing or security-recovery holds. Those terms need to be obtained from the contracting company before transferring funds.[1]
Regulation and client protection
Sections ↑Entity and regulatory evidence
| Item | Terms and implications |
|---|---|
| Corporate number | The website states Saint Lucia registration 2026-00605; this was not independently confirmed in a company register.Source 1Source 2 |
| Financial authorisation | No firm-specific forex permission was verified. The Saint Lucia FSRA’s general notice says forex business is not licensed there.Source 1Source 2 |
| Notice scope | That notice does not name Explore Markets Limited; it explains why incorporation alone cannot support a regulatory claim.Source 1Source 2 |
Protection claims requiring a contract
| Item | Terms and implications |
|---|---|
| Client-money statement | The website claims segregation but does not identify the safeguarding banks or establish independent assurance.Source 1 |
| Deficit risk | Its risk statement warns that losses can exceed the original investment.Source 1 |
| Insurance or compensation | No named scheme, coverage trigger or per-client limit was verified.Source 1 |
Support, records and complaints
Sections ↑Published support contacts
| Channel | Published detail |
|---|---|
| [email protected].Source 3 | |
| Telephone | +44 7533 922837; the company lists this as a support contact, without an authenticated telephone-dealing procedure.Source 3 |
The site advertises 24/5 assistance. The inspected evidence does not establish an emergency dealing channel, complaint-response deadline or specific statement/export service. A support promise alone does not answer how an open position would be managed during a platform outage.[1]
Additional services
Sections ↑Demo access and automated strategies are advertised. The reviewed public material does not establish a separately contracted copy-management service, an institutional API with stated permissions or AI authority to trade or transfer assets.[1]
Company and operating history
Sections ↑Company-published addresses
Identity boundaries
| Item | Terms and implications |
|---|---|
| Scope of this profile | The business using exploremarketslimited.com and the legal name printed there.Source 1 |
| Unverified promotional metrics | The public marketing claims do not independently substantiate the company’s capital, execution latency or instrument count.Source 1 |
| Operating evidence | A current public offer is evidence of marketing activity; it does not demonstrate successful account opening or withdrawals.Source 1 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Explore Markets Limited
Saint LuciaSource 1
No separate licence entry is recorded in this panel.
Important terms and limitations
Sections ↑Published exclusions
| Item | Terms and implications |
|---|---|
| Named countries | US, Cuba, Iraq, Myanmar, North Korea, Sudan, United Arab Emirates and India.Source 1 |
| Persons covered | The restriction is worded for citizens and residents.Source 1 |
| Other jurisdictions | Local-law restrictions and the company’s acceptance decision still apply.Source 1 |
Before funding, obtain the executed client agreement, current tariff and the contracting company’s evidence of any applicable financial authorisation. The public marketing pages do not resolve these material gaps.[1][2]
Sources & further reading
- Accounts, platform, entity and restricted regions Explore Markets Limited · Accessed 27 Oct 2026
- General statement that forex business is not licensed in Saint Lucia Saint Lucia FSRA · Accessed 27 Oct 2026
- Company identity, offices, support contacts and restricted regions Explore Markets Limited · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.