eXcentral is a financial company based in South Africa that operates as a CFD broker. The company, OM Bridge PTY, owns and runs eXcentral. When trading on eXcentral’s platform using MT4, you can expect fast order processing and access to advanced trading tools.
Table 1: eXcentral Overview
| eXcentral – Highlights | |
|---|---|
| Account Types | Classic Account Silver Account Gold Account VIP Account |
| Demo account | YES |
| Islamic Account | NO |
| Market Instruments | Forex Indices Commodities Shares Cryptocurrencies |
| Trading Platforms | MetaTrader 4 Web-Version Mobile Version Desktop Version |
| Minimum deposit | 250 USD |
| Maximum Leverage | 1:400 |
| Funding & Withdrawal Methods | Visa, MasterCard E-wallets Wire Transfer |
| Customer Support | 24/5 |
eXcentral Broker Review – An Intro
eXcentral EU and eXcentral International enable trading in a variety of assets on its MT4 trading platforms. However, is it legit or a scam despite the broker’s appealing characteristics? This tradingcritique.com review will provide the answers.
Regulations and Trust ability Review of eXcentral Broker
Traders from outside the EEA can access the broker’s worldwide website, eXcentral International, established in 2019. It is headquartered in Gauteng, South Africa. The Financial Sector Conduct Authority (FSCA) of South Africa regulates eXcentral International, which is run by OM BRIDGE (PTY) LTD. which is a South African company incorporated under the number 2016/479525/07.
The eXcentral Eu services are mostly focused on the European Economic Area. Mount Nico Corp Ltd, a Cyprus Investment Firm, is the owner of the eXcentral Eu brand, which is licensed & regulated by The Cyprus Securities and Exchange Commission. It is headquartered in Limassol, Cyprus.
EXcentral holds client funds in reputable financial institutions as required by licensing regulations for trader safety and is also a member of the Investor Compensation Fund. It employs Secure Sockets Layer (SSL) encryption with 128-bit encryption and firewalls to provide the highest level of security for your financial transactions.
Table 2: Regulation Details in the eXcentral Website
| Entities Name | Regulation | Country | License Number | Registered Address |
|---|---|---|---|---|
| OM BRIDGE (PTY) LTD.(eXcentral International) | The Financial Sector Conduct Authority (FSCA) | South Africa | FSCA/48296 | Unit 6C3, 159 Rivonia Rd, Sino steel Plaza, Morningside Ext 39, Sandton, Gauteng, 2146, South Africa. |
| Mount Nico Corp Ltd.(eXcentral Eu) | The Cyprus Securities and Exchange Commission | Cyprus | 226/14 | Andrea Kariolou 38, Agios Athanasios, Ground Floor, 4102 Limassol, Cyprus. |
Review on Accepted and Forbidden Countries of eXcentral Broker
The accounts may be used anywhere in the world, but jurisdiction may be limited where you’re from.
Table 3: Forbidden Countries in the eXcentral Website
| Forbidden countries |
|---|
| Certain EU Member StatesThe USAAustraliaCanadaTurkeyIsraelBritish ColumbiaBelize |
Trading Instruments Review of eXcentral Broker
Over 160 assets, including major, minor, and exotic currency pairings, and cryptocurrencies, are available with eXcentral. In addition, there are indexes and over 75 business shares, including Facebook and Tesla. Traders can diversify their portfolios by investing in a variety of commodities, such as precious metals, energy, and agricultural assets.
Assets of eXcentral
Indices
Commodities
Shares
Table 4: Most Popular Assets on the eXcentral Website
| Forex | Indices | Commodities | Shares | Cryptocurrencies | |||
|---|---|---|---|---|---|---|---|
| CATCHCADJPYCHFJPYEURCADEACHEURGBPUSDSEKUSDSGDUSDTRYUSD ZARSARPYUSD RUBUSDCNHUSDUSDHKDUSDHUFUSDMXNUSDNOKUSDPLNNZDCHFNZDJPYNZDUSDGDPNZDCAD | EUROPEEURUSDGBPCADGBP CHFGBPJPYGBPUSDUSDCADUSDCHFUSDJPYACADAUDIOAUDREYANDAUGUSTMURADEURHUFEURNOKENDERP LNEUREKAAUTRYGBP AUDGBPNZD | AUD200DE30ES35F40JP225N25STOXX50SWI20UK100US30US500USTED | XAGEURAUGUSTXAUEURXAUUSDXPDUSDXPTUSDBRENTCOILUSOIL.fBRENT.fCOCOA.fCOFFEE.fCOPPER.fCORN.fCOTTON.fNGAS.fSOYBEAN.fSUGAR.fWHEAT.f | AAPL.OQADSGn.DEAIG.NBNPP.PASBUX.OQNRG.NNVDA.OQSHOP.NKHC.OQTRIP.OQC.NAIRF.PAALVG.DEAMZN.OQBA.NBABA.NBAC.NBAYGn.DEBBVA.MCBMWG.DEDAIGn.DEDANO.PACVX.NDBKGn.DEEBAY.OQGOOG.OQGS.NIBE.MCIBM.NINTC.OQF.NFB.OQGM.N | DVMT.NDAL.NGILD.OQBIDU.OQBRKb.NBKNG.OQMGM.NMCO.NNKE.NDIS.NWIX.OQZM.OQBARCLAYSMODERNAAston MartinNIOHSBCUnilever NVALCOAGETEVA.PTOTF.PATSLA.OQ | AALCOINQCOM.OQRACE.NSAN.MCSIEGn.DESOGN.PAT.NMAP.MCMCD.NMSFT.OQNFLX.OQORCL.NCBKG.DECSCO.OQPFE.NPG.NUBER.NMMM.NVOWG_p.DEXOM.NCGC.NCRON.OQJNJ.NJPM.NKO.NLHAG.DELVMH.PAMA.NV.NTWTR.N | BCHUSDBTCUSDETHUSDLTCUSDXRPUSDACCESSDOGEUSD |
MT4 Trading Platforms Review of eXcentral Broker
EXcentral uses the MT4 platform (Web/Mobile/Desktop), which is extremely easy to use and revolutionary, allowing you to trade from anywhere, even while on the go. MT4 has been around for 15 years and has always been the most popular trading platform.
Features
- Compatibility with your expert advisors
- You may personalize it to your preferences
- 3 order types, 3 execution modes
- 30 built-in technical indicators
- 9 time-frames are available for interactive charts
- It’s available on Android and iOS
- The UI is user-friendly
MT4 Mobile Trading
The eXcentral Mobile Trader, which is available for iOS and Android platforms, is offered by the broker. Traders have access to all of the required fundamental & technical analysis tools, as well as real-time predicted profit and loss limit calculations, immediate market execution on all orders, entire transaction history, and dedicated account manager help. The MT4 mobile app is also available from eXcentral and is accessible on the Apple App Store & Android Google Play.
MT4 Desktop Trading
Windows, Linux, & Mac are all supported by the desktop version. It’s also free and lightweight, so it doesn’t degrade the efficiency of the device it runs on.
MT4 Web Trading
This is the proprietary platform for trading all the assets of eXcentral. It is web-based and no downloads or installs are required. The platform has a user-friendly layout with several view choices.
Table 5: eXcentral Trading Websites of Supported Languages
| No | eXcentral Trading Websites | Countries | Website Languages |
|---|---|---|---|
| 1. | eXcentral Main | Global | English |
| 2. | eXcentral العربية | Arab league | Arabic |
| Continent-Europe | |||
| 3. | eXcentral Deutsch | Germany | German |
| 4. | eXcentral Polski | Poland | Polish |
| 5. | eXcentral Português | Portugal | Portuguese |
| 6. | eXcentral Русский | Russia | Russian |
| 7. | eXcentral Español | Spain | Spanish |
| 8. | eXcentral Français | France | French |
| Continent-Asia | |||
| 9. | eXcentral简体中文 | China | Chinese Simplified |
| 10. | eXcentral 繁體中文 | China | Chinese Traditional |
| 11. | eXcentral Tiếng Việt | Vietnam | Vietnamese |
| 12. | eXcentral Tagalog | Philippines | Filipino |
| 13. | eXcentral Melayu | Malaysia | Malay |
| 14. | eXcentral 한국어 | South Korea | Korean |
| 15. | eXcentral ไทย | Thailand | Thai |
| 16. | eXcentral 日本語 | Japan | Japanese |
| 17. | eXcentral Indonesia | Indonesian | Indonesian |
| 18. | eXcentral हिन्दी | India | Hindi |
Review on Account Types of eXcentral Broker
eXcentral offers four different account options. Although it is free to establish an account, the broker demands a minimum deposit of USD 250/EUR/GBP to begin trading. These trading accounts combine excellent trading conditions with helpful bonuses, and they’re completely transparent, so you know exactly what you’re getting into before you begin. For both retail and professional clients, the following account types are available:
Account Types of eXcentral
Classic Account
Silver Account
Gold Account
VIP Account
Table 6: Features of all Account Types in the eXcentral Website
| Account types | Classic Account | Silver Account | Gold Account | VIP Account |
|---|---|---|---|---|
| Minimum Volume Per Trade | 0.01 | |||
| Maximum Volume per Trade | 50 | |||
| Leverage | 1:400 | |||
| Margin Call | 100% | |||
| Stop Out | 20% | |||
| Instruments | All assets | |||
| Educational Webinars | YES | |||
| Free Support | YES | |||
| Free Trading Education | YES | |||
| Negative Balance Protection | YES | |||
| Spreads | 2.5 Pips EUR/USD2.8 Pips GBP/USD2.8 Pips USD/JPY$0.14 Crude OIL | 2.5 Pips EUR/USD2.8 Pips GBP/USD2.8 Pips USD/JPY$0.14 Crude OIL | 1.8 Pips EUR/USD2.3 Pips GBP/USD2.3 Pips USD/JPY$0.13 Crude OIL | 1.4 Pips USD/JPY0.9 Pips EUR/USD1.4 Pips GBP/USD$0.10 Crude OIL |
| Swaps Discount Period | – | – | Available | Available |
| Full Account Overview | – | – | Monthly | Weekly |
| VIP Webinars | – | – | YES | YES |
| Dedicated Account Manager | – | – | YES | YES |
| Dedicated Senior Account Manager | – | – | – | YES |
Demo Account Review of eXcentral Broker
When Traders sign in, they will be access to a demo account. It is packed with $100,000 of virtual trading funds and is integrated into the online trading platform.
Review on Fees and Commissions of eXcentral Broker
The Company charges a monthly inactivity fee if there are no deposits, withdrawals, or trading activity on the Trading Account for one month or longer. The Maintenance Fee will be charged each month. There is a predetermined swap cost for keeping trades open overnight in commodities and indexes. Even though the markets are closed on Saturdays and Sundays, banks still compute interest on any positions maintained over the weekend. On Wednesdays, eXcentral uses a 3-day rollover technique to close the time difference.
Table 7: Fees & Commissions on the eXcentral Website
| Inactivity Fees | |
|---|---|
| Over 6 Months | 200 USD |
| 2 to 5 Months | 120 USD |
| 1 Month | 80 USD |
| Maintenance Fees | |
| Maintenance Fee (Monthly) | 10 USD |
Funding Methods Review of eXcentral Broker
The client is not charged any fees for deposits. You may fund your eXcentral account using a variety of methods, including Visa/MasterCard credit/debit card deposits, e-Wallets (Skrill, Neteller), and wire transfers. EUR, USD, and GBP are the currencies available for a deposit. For the eXcentral, the minimum deposit is $250.
Table 8: Funding Method, Minimum Deposit, Maximum Deposit & Processing Time on the eXcentral Website
| Deposit Method | Minimum Deposit | Daily Maximum Deposit | Monthly Maximum Deposit | Processing Time |
|---|---|---|---|---|
| E-wallets: NetellerSkrill | $250 | Unlimited | Unlimited | 3-5 Working Days |
| Credit or Debit Cards | $250 | $10,000 | $40,000 | 5-7 Working Days |
| Wire Transfer | $250 | Unlimited | Unlimited | 3-5 Working Days |
Withdrawal Methods Review of eXcentral Broker
Withdrawal costs are excluded for clients with properly verified accounts & trading activity. A fee will be charged for any other withdrawal requests. At the time of your request, you have the option of withdrawing all of your available funds from your account. The minimum amount you may withdraw from your eXcentral account is USD 50 through a credit card and USD 100 via wire transfer. You can withdraw any amount using e-wallets as long as the amount covers the costs
Table 9: Withdrawal Method, Fees & Processing Time in eXcentral Website
| Withdrawal Method | Fees % | Processing Time |
|---|---|---|
| E-wallets: NetellerSkrill | 3.5%2% | 3-5 Working Days |
| Credit or Debit Cards | 3.5% | 5-7 Working Days |
| Wire Transfer | $30 | 3-5 Working Days |
Basic Currencies Review of eXcentral Broker
Basic Currencies of eXcentral
USD
EUR
GBP
Leverage Review of eXcentral Broker
The maximum leverage permitted is 1:400 for trading assets in the eXcentral,
Table 10 : Withdrawal Method, Fees & Processing Time in eXcentral Website
| Account types | Leverage |
|---|---|
| Classic | 1:400 |
| Silver | |
| Gold | |
| VIP |
Trading Hours Review of eXcentral Broker
Table 11 : Trading Hours on the eXcentral Website
| Asset | Trading Hours |
|---|---|
| European CFDs | Monday 10:00 – Friday 18:30 |
| US CFDs | Monday 16:30 – Friday 23:00 |
| Commodities | Monday 00:00 – Friday 23:45 |
| Forex | Monday 00:00 – Friday 23:45 |
| Cryptocurrencies | Monday 00:05- Friday 23:55 |
Education and Research Review of eXcentral Broker
You may learn more about the immersive experience of trading by attending its weekly free webinar. It offers a distinctive and fascinating eXcentral Academy featuring trading eBooks and Videos, as it was established on the idea of training before trading. In addition, there are MT4 video training, live weekly webinars, a blog, and daily signals. The economic calendar on the main website page is also a helpful tool for staying up to date on current developments throughout the world.
Rewards & Risk Review of eXcentral Broker
eXcentral has both advantages and disadvantages which are listed in table 12.
Table 12 : Rewards and Risks of the eXcentral
 Pros |  Cons |
|---|---|
| Invest in global markets with favorable exchange rates. | No bonus codes available. |
| Use free fundamental & technical tools to analyze the markets. | Fees for withdrawals. |
| On-demand Market Analysts and assistants available 24 hours a day, 5 days a week. | Fees for inactivity. |
Customer Support Review of eXcentral Broker
You can simply fill out the form with the query and a chosen callback date & time. You may also contact it by using the Live Chat function, sending an email, or calling it. Users have the option of requesting a callback in their native language and also have the FAQ section to clear the queries of clients. EXcentral customer assistance is accessible 24 hours a day Monday through Friday. Emails & call-back requests may take up to 12 hours to respond to, making them unsuitable for urgent contact. Getting in touch with an agent via phone or live chat takes a couple of minutes.
Table 13 : Customer Support Numbers in the eXcentral Website
| Social Media Pages of eXcentral | eXcentral provides Websites in 18 Languages | |
|---|---|---|
| https://www.facebook.com/excentralglobal/?view_public_for=620177738484806 | EnglishGermanChinese SimplifiedArabicChinese TraditionalFrenchVietnameseFilipinoPolishMalayKoreanPortugueseThaiJapaneseRussianIndonesianHindiSpanish | |
| YouTube | https://www.youtube.com/channel/UCmpoc4f2OR2Y07S95NXq7Hg?view_as=subscriber | |
| https://twitter.com/XcentralE | ||
| https://www.instagram.com/excentralglobal/ | ||
| https://www.pinterest.com/excentralglobal/ | ||
| Contact Number | ||
| eXcentral International | +27871951005 | |
| eXcentral EU | +35725008133 | |
In a Nutshell
Finding the best brokerage company can be a challenge, but Tradingcritique.com simplifies the process. Our website features detailed reviews of the top brokers and high-quality trading advice enabling you to choose the best fit for your needs.
