eXcentral is a regulated online trading broker that serves a global clientele, offering over 120 financial instruments across different asset classes, including forex currency pairs, indices, commodities, stock CFDs, and cryptocurrencies. They provide traders with their proprietary web trading platform, as well as the popular MetaTrader 4 trading platform.
The broker was founded in 2017 in Cyprus and has expanded out of Europe with an international arm in South Africa. eXcentral provides traders with a good selection of educational materials.
eXcentral Review Introduction
In this eXcentral review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including eXcentral .
eXcentral Platforms & Tools
The broker provides traders with a range of useful trading platforms, and they include:
This is a renowned trading platform, which is considered a platform of choice for traders all over the world because of its intuitive interface, exhaustive features, and capabilities. MT4 is replete with a range of useful trading tools to enhance clients’ trading experience. eXcentral provides MetaTrader 4 as a desktop application for Windows and Mac computers, a web version that can run directly on most modern web browsers and operating systems with the need to download any additional software, and a mobile trading app that runs on Android and iOS devices.
Web Trading Platform
This is a proprietary trading platform built by eXcentral for trading all the available instruments. It features a powerful charting package: up to 7 chart styles that display on over 9 timeframes, over 100 technical indicators, supports one-click trading, and more.
eXcentral Mobile Trader
This is the proprietary mobile trading app from eXcentral. It has a user friendly interface, and it’s loaded with tools for online trading and market analysis. It can be installed on Android and iOS devices from the respective app stores.
Clients also benefit from a range of useful trading tools in addition to those provided in the trading platforms. These include Market Summary, Live Market Summary, Daily Chart Analysis, Market News, and Economic Calendar.
eXcentral Research & Education
There is a vast array of educational resources provided by the broker, which are geared towards enhancing the skills and knowledge of traders of all experience levels. The educational resources include interactive classes, trading ebooks, eXcentral media center, webinars, and eXcentral’s blog.
eXcentral Trading Accounts
The broker offers traders with a variety of trading account types. The following account types are available for both retail and professional clients: Classic, Silver, Gold, and VIP Accounts. The accounts offer competitive spreads from 0.9 pips.
eXcentral Account Funding
Bank transfer, Debit/Credit Cards, and e-wallets are generally accepted by the broker for account funding and withdrawals. Third-party payments are rejected, whereas the transaction limits, fees, and processing time are dependent on the payment method used by the trader. Demo accounts that are preloaded with $100,000 in virtual funds are available for risk-free practice purposes.
eXcentral Customer Service
The broker’s client support desk is easily accessible through telephone, email, or instant web chat feature on the website. Traders can also request a ‘call back’ by filling the form provided on the broker’s website. The support team is on hand to offer quick assistance to traders.
eXcentral International is operated by OM BRIDGE (Pty) Ltd, an investment firm licensed and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa with FSP License Number 48296. The European arm of eXcentral is operated by Mount Nico Corp Ltd, which is a Cyprus Investment Firm (CIF) authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC); the license number is 226/14.
eXcentral Review Summary
eXcentral is a regulated broker that offers online brokerage services to a global clientele. They offer multiple financial instruments for online trading via the provided trading platforms. They also offer additional trading tools, as well as some educational resources.
It is worth mentioning that some of the trading products and services in this eXcentral review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the eXcentral broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.