Excellence Trade Review 2026

Logo Excellence Trade
Top Brokers Overview — United States
How we tested Excellence Trade

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Excellence Trade Pros & Cons

Excellence Trade is a popular Israeli stock broker offering investment opportunities in a wide range of assets, including stocks, bonds, options, mutual funds, futures, and ETFs. Traders can utilize various platforms such as Global EXtrade,Extrade Pro, OrderNet Spark, OrderNet Pro, and FMR, each with unique features catering to both Israeli and international markets. Leverage is up to 1:4, and transaction fees begin at $5. Fees apply to deposits and withdrawals, as well as some other services. However, the ExPert personal investment service, which provides expert advice on trading strategies and recommendations, is complimentary for accounts with a balance of 300,000 shekels or more. The website also features extensive informational and analytical resources.

TU Expert Verdict

Chief Analytics Officer

Excellence Trade is rated as very high risk. Testing and client reviews highlight serious concerns regarding service quality, stability, and overall reliability. I recommend approaching this broker with extreme caution, as it may not be suitable for most traders.

Excellence Trade offers access to trading stocks, bonds, options, futures, ETFs, and 120 Forex pairs through platforms such as Global EXtrade, Extrade Pro, OrderNet Spark, and FMR. The broker supports a Standard account type, with a minimum deposit of $0, leverage up to 1:4, and transaction fees starting at $5. Clients benefit from extensive research resources and, for accounts exceeding ILS 300,000, complimentary investment guidance. Account registration is fully online and typically completed in under a day, making onboarding straightforward.

However, a notable drawback is the absence of regulatory oversight, as Excellence Trade is not regulated by the Israel Securities Authority or any other body. Additional disadvantages include relatively high trading and withdrawal fees, a limited range of deposit options, no ECN, swap-free, or VIP accounts, and restrictions such as no cryptocurrency or copy trading. Excellence Trade may not be suitable for traders seeking low costs, regulatory protection, or access to a broader set of account features.

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Excellence Trade User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
4.6 /10
7 total
  • 5-star
    0%
  • 4-star
    14%
  • 3-star
    29%
  • 2-star
    29%
  • 1-star
    29%
boks
1 year ago

I recently opened an account with Excellence Trade, but my experience has not been entirely positive. Although the broker seems reliable at first glance, the terminal sometimes presents slowness and small technical failures that hamper trading. New services are offered, but they lack clarity and consistency. What's more, although deposits and withdrawals work, the process can be frustrating for some users. All in all, Excellence Trade is not as stable or practical as one might expect.

J’ai récemment ouvert un compte chez Excellence Trade, mais mon expérience n’est pas entièrement positive. Bien que le courtier semble fiable au premier abord, le terminal présente parfois des lenteurs et des petites défaillances techniques qui gênent le trading. Les nouveaux services sont proposés, mais ils manquent de clarté et de consistance. De plus, même si les dépôts et retraits fonctionnent, le processus peut être frustrant pour certains utilisateurs. Globalement, Excellence Trade n’est pas aussi stable ni pratique qu’on pourrait le croire.

tuhinsm
1 year ago

My experience with excellence trade has been fairly neutral. In the many years I've been working in the financial markets, I've had time to try out a number of different companies, and I can say that this broker provides a fairly standard level of service. The trading platform is practical, with a clear interface - it's easy to understand even for those just starting out. I was particularly pleased with the availability of a wide range of tools and decent functionality for analysis - both technical and fundamental. Everything you need is at hand, nothing superfluous, and you can work comfortably. Overall, it's a stable option with no surprises, for better or worse.

Mon expérience avec excellence trade a été plutôt neutre. Depuis plusieurs années de travail sur les marchés financiers, j'ai eu le temps d'essayer différentes sociétés, et je peux dire que ce courtier fournit un niveau de service assez standard. La plateforme de trading est pratique, avec une interface claire - elle est facile à comprendre même pour ceux qui débutent.
J'ai été particulièrement satisfait de la disponibilité d'une large gamme d'outils et d'une fonctionnalité décente pour l'analyse - à la fois technique et fondamentale. Tout ce dont vous avez besoin est à portée de main, rien de superflu, et vous pouvez travailler confortablement. En général, il s'agit d'une option stable sans surprise, ni pour le meilleur ni pour le pire.

narin
2 years ago

I consider Excellence Trade one of the best stock brokers in Israel. Sure, some might be put off by the relatively high trading fees. But trust me, as an experienced trader, it's worth it. The service is as precise as a Swiss watch. Transactions are quick and smooth. There are numerous and diverse financial instruments available. It's a pity the leverage is small, only up to 1:4, which limits potential gains. You see a potential trade you're confident in, but can't make much because of a small budget. I regularly read the analytics blog and recommend it to all traders, regardless of their level. Beginners will find the Knowledge Center very useful. As for switching brokers, I'm not considering it at the moment.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    3 /10

    The trading and non-trading commissions of Excellence Trade have been analyzed and rated as having High fees, with a fees score of 3/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • No inactivity fee
    • No deposit fee
    • Above-average Forex trading fees
    • No ECN/Raw Spread account

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of Excellence Trade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, Excellence Trade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    Excellence Trade Standard spreads
    Excellence Trade OANDA FOREX.com
    EUR/USD min, pips 5.0 0.1 0.7
    EUR/USD max, pips 7.0 0.5 1.2
    GPB/USD min, pips 0.1 0.9
    GPB/USD max, pips 0.5 1.4

    Does Excellence Trade support RAW/ECN accounts?

    As we discovered, Excellence Trade does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with Excellence Trade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    Excellence Trade Non-Trading Fees
    Excellence Trade OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0-5 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-30 0-15 0
    Inactivity fee ($, per month) 0 0 15
  • Is Excellence Trade Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    1.5 /10

    Excellence Trade has a safety score of 1.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Flexible trading conditions with high leverage and less bureaucracy
    • Not tier-1 regulated
    • Not regulated
    • No negative balance protection
    • Track record of less than 8 years
    Excellence Trade Security Factors
    Foundation date -
    Negative balance protection
    No
    Verification (KYC)
    No

    Excellence Trade is Not a Regulated Broker

    Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.

  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    0 /10

    Excellence Trade offers the following account options: Standard.

    However, Excellence Trade does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.

    • Low minimum deposit
    • Standard account with balanced trading conditions
    • No Swap Free account
    • No ECN/Raw spread account
    Excellence Trade account types vs top competitors
    Excellence Trade ‌ Trading.com Plus500
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    No
    No
    No
    Demo
    No
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    No
    Swap Free
    No
    No
    No
    VIP
    No
    No
    No
    Managed
    No
    No
    No
  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    3.5 /10

    Excellence Trade received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

    Excellence Trade offers limited payment options and accessibility, which may impact its competitiveness.

    • No deposit fee
    • Minimum deposit below industry average
    • Low minimum withdrawal requirement
    • Bank wire transfers available
    • Wise not supported
    • Only major base currencies available
    • BTC payments not accepted

    What are Excellence Trade deposit and withdrawal options?

    Excellence Trade offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making Excellence Trade less competitive for those seeking diverse payment options.

    Excellence Trade Deposit and Withdrawal Methods vs Competitors
    Excellence Trade Trading.com Plus500
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    PayPal
    No
    No
    Yes
    Wise
    No
    No
    No
    BTC
    No
    No
    No

    What are Excellence Trade base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Excellence Trade supports the following base account currencies: USD, ILS.

    What are Excellence Trade's minimum deposit and withdrawal amounts?

    The minimum deposit on Excellence Trade is $0, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Excellence Trade’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    6.8 /10

    Excellence Trade offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 120 Forex pairs.

    • 120 supported currency pairs
    • Passive income with bonds
    • ETFs investing
    • Limited asset selection
    • Crypto trading not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by Excellence Trade with its competitors, making it easier for you to find the perfect fit.

    Excellence Trade ‌ Trading.com Plus500
    Currency pairs 120 69 60
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 69 2800
    Stocks
    Yes
    No
    Yes
    Commodity futures
    Yes
    No
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    No
    No
    Yes
    Stock indices
    Yes
    No
    Yes
    Options
    Yes
    No
    Yes

    Investment options

    We also explored the trading assets and products Excellence Trade offers for beginner traders and investors who prefer not to engage in active trading.

    Excellence Trade ‌ Trading.com Plus500
    Bonds
    Yes
    No
    No
    ETFs
    Yes
    No
    Yes
    Copy trading
    No
    No
    No
    PAMM investing
    No
    No
    No
    Managed accounts
    No
    No
    No
  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at Excellence Trade by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    10 /10

    We successfully registered an account with Excellence Trade in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Excellence Trade is $0. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Quick KYC verification (1 business day or less)
    • Fully online account opening process
    • Fast registration time (up to 15 minutes)
    • Account setup process may feel less convenient for beginners
    Excellence Trade account opening
    Excellence Trade ‌ Trading.com Plus500
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $0 $50 $100
    Mandatory KYC
    No
    Yes
    Yes
    Registration time (min) 8 20
    KYC time (days) 1 2 3

    Is Excellence Trade available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

  • Customer Support

    Score:
    We evaluated Customer Support at Excellence Trade by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    5.3 /10

    Customer support at Excellence Trade is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. Excellence Trade provides basic support functionality but does not stand out in overall service performance.

    Contacts
    Registration address 25 Efal St., Petah-Tikva 4951125
    Regulation Israel Securities Authority
    Official site https://www.xnes.co.il/main/
    Contacts excellence@xnes-trade.co.il 03-7536514

Best Excellence Trade Alternatives

Trading.com USA
Logo Trading.com USA
Trading.com USA
6.9 /10
Regulation Tier-1
EUR/USD 0.9 pips
Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
6.6 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
FOREX.com
6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
6.4 /10
Regulation Tier-1
EUR/USD 0.6 pips

FAQs

How are Excellence Trade’s trading commissions and non-trading fees structured?

Excellence Trade is assessed as having high overall fees, with a fees score of 3/10 and above-average Forex trading costs. Its Standard account EUR/USD spread typically ranges between 5.0 and 7.0 pips, and while there are no deposit or inactivity fees, withdrawals may incur fees from 0–5% or $0–30 depending on the method.

What account types does Excellence Trade offer and what limitations are noted in reviews and feedback?

Excellence Trade provides a single Standard account type with a low minimum deposit and what are described as balanced trading conditions. However, it does not offer ECN/Raw spread, Demo, Cent, Micro, Swap-free, VIP, or managed accounts, which may limit flexibility for different trading and practice needs.

What do Excellence Trade user reviews and feedback indicate about overall client satisfaction?

Excellence Trade has a user satisfaction score of 4.6/10 based on 7 reviews, with no 5-star ratings and a distribution skewed toward 2- and 1-star scores. According to user reviews, overall sentiment is mostly negative, suggesting that many clients report concerns or dissatisfaction in their feedback.

What markets and tradable assets are available with Excellence Trade according to user feedback and reviews?

Excellence Trade offers 120 currency pairs and access to stocks, commodity futures, stock indices, options, bonds, and ETFs, but does not support crypto trading. The review notes that the overall asset selection is limited compared to the market average, and copy trading, PAMM investing, and managed accounts are not available.

How does the trading account opening process work at Excellence Trade?

Opening an account with Excellence Trade involves online registration, which took 8 minutes in the review, and KYC verification that was completed within 1 business day. The minimum deposit is $0 and KYC is not marked as mandatory in the comparison table, although the process may feel less convenient for beginners.

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