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Forex Brokers Rating

eXcentral

eXcentral

eXcentral Broker Information

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  • Jurisdiction: South Africa
  • Regulators: FSCA
  • Founded: 2016

eXcentral Quick reference

eXcentral is presented as “broker friend,” but officially it is a CFD broker. Customers have access to stock quotes, cryptocurrencies, commodities, forex and indices.

eXcentral offers not only to trade. The broker can teach. So, you can take interactive courses, read e-books, watch videos in recordings and participate in webinars. The broker publishes analytics: market review, technical analysis, chart analysis, etc.

eXcentral also developed an affiliate program. If you bring a new client to the broker, you can lay claim to rewards and bonuses.

eXcentral summary

Date of foundation. The broker does not focus on dates. But the Whois service shows that the domain excentral-int.com/ru/ was purchased on August 9, 2019.

Location. If you believe the information on the site, then eXcentral must be sought in South Africa. The parent company OM BRIDGE (PTY) LTD is registered at Unit 6C3, 159 Rivonia Rd, Sinosteel Plaza, Morningside Ext 39, Sandton, Gauteng, 2146, South Africa (South Africa). The broker's staff works there too.

Contacts. eXcentral can be contacted in several ways. The site provides chat and a feedback form. You can also write to inquiries@excentral-int.com or call +271 05 951261 (South African code).

Regulation. The site excentral-int.com/en contains information that the parent company OM BRIDGE (PTY) LTD (2016/479525/07) is authorized and regulated by the South African regulator FSCA. License number is 2016/479525/07. OM BRIDGE (PTY) LTD (2016/479525/07) also has a New Zealand Regulator FSP license. The document number is 48296. 

eXcentral represents its payment agent SPINELBRIDGE SERVICES LTD. It is registered in Cyprus: Andrea Zappa & Makedonon, 4, 4040, Limassol. The license identifier is HE 403254.

Terminal. The broker offers to choose between two terminals: (1.) habitual MT4 or (2.) brand one - Web Trader.

Trading terms

eXcentral has developed 4 accounts: Classic, Silver, Gold and VIP. They are very similar in many ways:

  • maximum leverage is 1:400,
  • margin call is 100%,
  • stop out is 20%,
  • minimum transaction volume is 0.01,
  • maximum transaction volume is 50 lots,
  • negative balance protection,
  • free support,
  • free trading training.

Nuance: eXcentral does not mention the minimum deposits for accounts and does not even give recommendations. We assume that specific amounts can be heard while communicating with the broker.

The differences between the accounts are listed below.

Classic. Spreads: EUR / USD - 2.5, GBP / USD - 2.8, USD / JPY - 2.8, oil - $ 0.10.

Silver. Spreads: EUR / USD - 2.5, GBP / USD - 2.8, USD / JPY - 2.8, oil - $ 0.10. Educational webinars are supposed to be provided.

Gold. Spreads: EUR / USD - 1.8, GBP / USD - 1.8, USD / JPY - 2.3, oil - $ 0.08. The trader gets access to educational webinars, a full review of the account once a month, VIP webinars. Gold account provides a personal manager. The broker promises a grace period for swap payments.

VIP. Spread: EUR / USD - 0.9, GBP / USD - 1.4, USD / JPY - 1.4, oil - $ 0.06. VIPs can count on educational webinars, a full review of the account once a week, VIP webinars. And also the help of two personal managers and the grace period for the payment of a swap are declared.

eXcentral offers several deposit options: Visa, MasterCard, Wire Transfer, Neteller. Transfer your funds if you are 100% confident in the broker.

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