eXcentral Review

6

Trust

6.0/10

Trading Platform

6.0/10

Assets and Leverage

6.0/10

Spread

6.0/10

Transparency

6.0/10

Pros

  • CySEC licensed
  • MT4 supported
  • Attractive leverage
  • wide asset portfolio

Cons

  • Poor clarity on trading conditions

eXcentral is a Forex and CFD broker that is owned and operated by Mount Nico Corp Ltd, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 226/14. Mount Nico Corp Ltd registration number is HE307717. The registered address of the Company is Kolonakiou, 12  West Block, 1st floor, Flat/Office 101, Agios Athanasios, 4103, Limassol, Cyprus, while the business address is Andrea Zappa & Makedonon 4, Honey Court V, 1st floor, Office 11A, 4040 Limassol, Cyprus.

The email address for support is [email protected]

eXcentral is considered safe, as it is regulated by top-tier financial authorities, like the Cyprus Securities and Exchange Commission in Europe.

eXcentral Review

eXcentral Review

eXcentral is a Forex and CFD broker that offers rich and diversified product portfolio. It offers trading in forex, CFDs on indices, commodities, precious metals, stocks, and some of the most popular cryptocurrencies. eXcentral offers one type of standard account. The minimum deposit to open an account is $250 and the maximum leverage extends up to 1:400. The spreads as seen on a demo facility is variable between 1.7 – 1.8 pips.

It’s important to note that the FX spread can vary over the course of the day, ranging between a ‘high spread’ and a ‘low spread’.

Metatrader 4 trading platform is available and this is a plus for this broker. The Metatrader suite – which is licensed by brokers and offered to traders – continues to be one of the most widely used trading platforms in the retail foreign exchange (Forex) and CFD markets globally.

eXcentral Trading Platform
eXcentral MT4 Platform

eXcentral License

Forex Broker Expert checks forex brokers to see if they are scams or legit. The most important thing to safely trade is to only deal with entities holding licenses from reputable financial regulators like ASIC, COSNOB, CySEC, FCA, NFA, and SEC.

eXcentral is owned and operated by Mount Nico Corp Ltd, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 226/14.

CySEC regulated brokers are involved in a compensation scheme that ensures traders’ funds are deposited in segregated accounts and the broker won’t use the fund for its own operation but only for traders’ margin.

Compare eXcentral

Dealing with effective and efficient brokers is a proven way of making realistic profit margins. Why don’t you sign up with innovative and powerful brokers, read here more about Best Forex Brokers.

Vantage FX is a popular broker that is licensed in Cayman Island and Australia. Social trading is offered via service providers like ZuluTrade and Myfxbook.

VantageFX offers attractive leverages on MT4 trading platforms, with very tight spreads, learn more.

Go try their Free Demo Accountsignup here.

If you are currently using this broker, please share your experience with other investors in the comment section below.

 

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5 thoughts on “eXcentral Review”

  1. Very sophisticated scammers they do not explain verbally the risks involved !!! i lost £40,000 they will keep taking your money

  2. i joined this broker using copy soros only to find that it is a scam so i do not know what to do now. but after doing a further research i found that there might be a group of scammers who are using your broker name here in south africa. after making the deposit it all the transaction was confirmed that was on 25 2020 on which i made a deposit of 250 USD can you please help to return my moey. now it is saying we do not accept peolple from south africa but i already made a deposit

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