EXCO Trader Review 2026

Item: EXCO Trader
Rating: 4
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 08, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $50
Fees 8 /10
Account types 4.3 /10
Regulation 4.2 /10

4 /10

High risk

EXCO Trader User Reviews 7.0
Commissions and Fees 8.0
Regulation and Safety 4.2
Account Types 4.3
Deposit and Withdrawal 5.3
Markets and Tradable Assets 8.8
Trading Account Opening 10.0
Customer Support 4.4

EXCO Trader Pros & Cons

Choice of trading account types like STP and ECN.
Broker offers favorable requirements for the first deposit amount which are $50 for STP and $100 for ECN.
Market order execution, which is well-suited for virtually all trading strategies.
Low commission per lot, only $2 per one side of a trade.
Wide selection of payment systems for financial transactions.
Award-winning educational courses and the opportunity for one-on-one training with an instructor.

Lack of regulation and registration in an offshore region.
High spreads on all account types, and inability to trade on cent accounts.
Advanced education, VPS (Virtual Private Server), signal trading, and other options are only available to traders with large deposits and trading volumes.

TU Expert Verdict

EXCO Trader carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

zForex

8 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

EXCO Trader User Reviews

Score:

7 /10

2 total

5-star

0%
4-star

50%
3-star

50%
2-star

0%
1-star

0%

I'm satisfied with the range of assets. You can't trade CFDs on stocks with EXCO, but I invest in indices, which is even safer and, as it turns out, more profitable. Overall, I'm pleased with the quality of this broker's services.

I'm particularly interested in the option to invest in ready-made strategies. I'm currently testing how this option works in practice. I invested $50 in 3 strategies with different risk levels and am waiting to see what happens next.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of EXCO Trader have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of EXCO Trader 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, EXCO Trader’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.

EXCO Trader Standard spreads
	EXCO Trader	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	0.4	0.4	0.5
GPB/USD min, pips	0.5	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

EXCO Trader RAW/ECN spreads
	EXCO Trader	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.50	7	3.5
EUR/USD avg spread	0.10	0.1	0.15
GBP/USD avg spread	0.15	0.15	0.2

Non-Trading Fees

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

EXCO Trader Non-Trading Fees
	EXCO Trader	ZForex	OANDA
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	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is EXCO Trader Safe?

Score:

4.2 /10

EXCO Trader has a safety score of 4.2/10, 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.

Is regulated
Negative balance protection
Track record over 8 years

Not tier-1 regulated

EXCO Trader Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
SVG FSA	Full Name Financial Services Authority of St. Vincent and the Grenadines	Country of regulation St. Vincent and the Grenadines	Investor Protection Fund No specific fund	Regulation Level Tier-3

EXCO Trader Security Factors
Foundation date	2018
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4.3 /10

EXCO Trader offers the following account options: Demo, Standard, ECN/Raw spread, VIP.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Low minimum deposit
Demo account
Tight spread ECN account

No Cent account
No Swap Free account

EXCO Trader account types vs top competitors
	EXCO Trader	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	Yes	No	No
Managed	No	No	No

EXCO Trader accounts trading conditions

If a trader decides to start trading through EXCO, they need to open a suitable account type. There are two options available – ECN and STP. ECN is more suitable for experienced traders with a significant trading volume, while STP is for beginners and market participants who are not yet professionals in online trading.

Account types:

Account Type	Description
STP	is the account without trading commission and with spreads starting from 1 pips. The minimum deposit size is $50.
ECN	is the professional account type with spreads starting from 0.5 pips and a commission of $4 per full lot. To start trading on an ECN account, the balance needs to be topped up with a minimum of $100.

The broker also offers demo accounts. These can be used for both learning to trade and testing the trading conditions of EXCO.

The presence of two execution models (STP and ECN) is an advantage for EXCO traders since they can choose the most efficient technology for their trading style.

Deposit and Withdrawal

Score:

5.3 /10

EXCO Trader received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

EXCO Trader provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

No withdrawal fee
No deposit fee
Bitcoin (BTC) accepted
Minimum deposit below industry average

Only major base currencies available
PayPal not supported
BTC not available as a base account currency

What are EXCO Trader deposit and withdrawal options?

EXCO Trader provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, BTC, USDT, Ethereum.

EXCO Trader Deposit and Withdrawal Methods vs Competitors
	EXCO Trader	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	Yes	No

What are EXCO Trader base account currencies?

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

What are EXCO Trader's minimum deposit and withdrawal amounts?

The minimum deposit on EXCO Trader is $50, while the minimum withdrawal amount is $40. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact EXCO Trader’s support team.

Markets and Tradable Assets

Score:

8.8 /10

EXCO Trader provides a standard range of trading assets in line with the market average. The platform includes 1500 assets in total and 120 Forex currency pairs.

Passive income with bonds
Indices trading
Copy trading platform

Futures not available
No ETFs

Supported markets vs top competitors

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

	EXCO Trader	ZForex	Plus500
Currency pairs	120	50	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.	1500	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	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.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

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

	EXCO Trader	ZForex	Plus500
Bonds	Yes	No	No
ETFs	No	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	Yes	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

10 /10

We successfully registered an account with EXCO Trader in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at EXCO Trader is $50.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fast registration time (up to 15 minutes)
Fully online account opening process

Account setup process may feel less convenient for beginners

EXCO Trader account opening
	EXCO Trader	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$50	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	7	8	5
KYC time (days)	1	1	3

Is EXCO Trader 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.

Account opening details

Brief guide on how to create a user account on the EXCO broker's website and its key functions and features:

At the top of any page, locate and click on the "Open Account" button. This will initiate the registration process.
Choose the form for opening a real account and fill it out. The required information is minimal: name, surname, email address, phone number, and country of residence. You also need to select the account type – STP or ECN. After clicking "Sign Up," you will receive an email with the login password for your user account. In addition to the password, for authorization, you need to enter the email or account number (also indicated in the welcome email from EXCO).
EXCO’s user account features allow you to:
- Deposit funds into the account wallet.
- Connecting to a trading strategy to generate investment income..

Your EXCO user account also allows you to:

Submit applications to open additional trading or investment accounts.
Confirm identity and country of residence according to the KYC (Know Your Client) procedure.
Submit withdrawal requests for trading and investment activities.
Purchase trading bots and advanced indicators from the store.
Review statistics on all open and closed orders, and financial transactions.
Download trading software for your computer or laptop.

Customer Support

Score:

4.4 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

You can reach out to an EXCO representative any day of the week as the company operates 24/7.

The service is available 24/7
There are prompt responses in the website chat and on Facebook

The support doesn’t always have a specific answer to the given question
Facebook account linkage is required for website chat communication

To contact the company, use the following communication methods:

Online chat on the website
Facebook Messenger
Email through the feedback form
Phone calls using the numbers provided in the About Us section
Sending an email to support@excotrader.com

Phone numbers for the U.K., Nigeria, South Africa, and the Philippines are listed on the website.

Contacts
Foundation date	2018
Registration address	RSG Finance Ltd, Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines
Regulation	FSA
Official site	https://excotrader.com/
Contacts	support@excotrader.com +234 912 698 8988

Best EXCO Trader Alternatives

zForex

8 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How secure is trading with EXCO Trader in terms of regulation and safety measures?

EXCO Trader has a safety score of 4.2/10, which is classified as a low security level in this review. It is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), a Tier-3 regulator, and offers negative balance protection and KYC verification, but it is not Tier-1 regulated and does not participate in a specific investor compensation fund.

What types of trading accounts and execution models are described for EXCO Trader?

EXCO Trader offers Demo, Standard, ECN/Raw spread, and VIP accounts, but does not provide Cent or Micro accounts. The broker uses two execution models, STP and ECN: the STP account has no trading commission, spreads from 1 pip, and a $50 minimum deposit, while the ECN account has spreads from 0.5 pips, a $4 commission per full lot, and a $100 minimum deposit.

What do user reviews say about overall satisfaction with EXCO Trader?

EXCO Trader has a user satisfaction score of 7/10 based on 2 reviews, with 50% of ratings at 4 stars and 50% at 3 stars. According to user reviews, this indicates a mixed but moderately positive impression, with no 5-star or very low (1–2 star) ratings reported in this section.

What deposit and withdrawal options and limits are mentioned in EXCO Trader reviews?

The review notes that EXCO Trader supports bank cards, bank wire, BTC, USDT, and Ethereum for deposits and withdrawals, with no deposit fees and a low minimum withdrawal requirement. The minimum deposit is $50 and the minimum withdrawal is $40, and the section describes the overall range of methods and fees as basic and in line with industry standards, while also mentioning limited flexibility and only USD as a base account currency.

What feedback is provided on EXCO Trader customer support and contact methods?

The review states that EXCO Trader’s customer support operates 24/7 and can be reached via website chat, Facebook Messenger, email (including support@excotrader.com), and phone numbers listed for the U.K., Nigeria, South Africa, and the Philippines. However, it also notes that response speed and depth of assistance may be below expectations, some questions may not receive specific answers, and using the website chat requires linking a Facebook account.