eXcentral Review

December 15, 2020 at 7:48 am


eXcentral Highlights

eXcentral is an online brokerage house offering reliable and professional CFD trading services for traders based in the European Economic Area. Regulated by the Cyprus Securities and Exchange Commission, with CIF license number 226/16, and compliant with the ICF and ESMA, it is in line with all the latest regulatory requirements applicable for European traders.

Traders working with this provider have the unique opportunity to get involved in the financial markets through 160+ CFD instruments and trusted trading software, incorporating fast execution, multiple trading tools, and a customer-friendly interface.

Advocating for fact-based professional trading, eXcentral also proudly provides access to plenty of educational resources and financial market news. With all these features available, CFD traders can be constantly informed and get a deeper view of the market conditions at any given moment. Since many people would like to know more about the brand, our eXcentral review will try to highlight some of the most important trading benefits offered by the broker.

eXcentral logo

Trading Software

eXcentral continues to rely on MetaTrader 4, a trading platform 15+ years in the market with plenty of good feedback from professional forex traders. The implementation of interactive charts with 9 timeframes, 30+ built-in technical indicators, EAs compatibility, a user-friendly interface, as well as the mobile version (Android and iOS) altogether creates an optimal trading experience.

Given eXcentral is a forex broker respected on an international level, its customers have more options in terms of platforms. On top of MT4, the eXcentral WebTrader answers the needs of those wanting more flexibility. Specifically designed to improve your trading experience, it is software incorporating multiple trading benefits, accessible via any browser with no installation required.

For mobile trading capabilities, traders are able to take advantage of the eXcentral trading app, on top of the mobile MT4. The broker has developed versions for both Android and iOS devices, satisfying traders that want to trade on mobile with a platform having a interface similar to that of the WebTrader.

eXcentral MT4 mobile platform

eXcentral Assets

As a reputable CFD and forex broker, eXcentral provides access to 160+ trading instruments based on forex, indices, commodities, shares, and cryptocurrencies. FX trading has become attractive once again in 2020, given its elevated volatility. With the benefits offered by this brand, both beginner and advanced traders can take advantage of the price movements.

The maximum leverage for forex trading is capped at 1:30 for retail customers and 1:400 for professionals. Spreads vary while at the same time, it is possible to trade as low as 0.01 (micro lots), a good feature for those with small accounts.

Even though the asset offer covers CFDs based on tens of different currency pairs, eXcentral also provides access to 13 popular global indices, 19 commodities, tens of shares from the largest global companies, and 5 of the most popular cryptocurrencies (Bitcoin, Bitcoin Cash, Ether, Litecoin, and XRP).

Account Types

Trading with eXcentral means access to 4 different account types for both retail and professional customers. Classic, Silver, Gold, and VIP are the options available right now, each with different benefits provided. The main differences between them have to do with spreads and the access to several premium features such as Trading Signals via SMS from Trading Central, VIP webinars, or dedicated account managers.

However, even smaller accounts (classic or silver) get access to free support, trading education resources, and negative balance protection. In terms of funding methods, eXcentral is supporting transactions via credit/debit card, wire transfers, Skrill, or Neteller.

eXcentral account types


eXcentral comes to the rescue for traders that still need to learn more about the markets and provides live market summaries, daily chart analysis, interactive webinars, and a free trading academy for all registered customers. Gold and VIP account holders can benefit from the popular technical analysis tool Trading Central, as well as from VIP webinars, dedicated account managers, and full account overviews.


eXcentral has a solid background and thanks to regulatory compliance, it is currently among the European brokerage houses traders can trust. As seen in our review, there are plenty of trading benefits available with the brand, which is good news given the current market uncertainty.

Trading with eXcentral means access to a team of professionals always standing by for customers. Our analysis concludes this is a brokerage brand suited for both beginner and experienced traders looking to take their trading to the next level.


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.65% 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. Please read our Risk Disclosure document.



IGM FX Broker Review

December 13, 2020 at 5:55 am

 IGM FX trading

Expert Summary

IGM FX is a regulated CFD broker based in the European Economic Area, covering 160+ different markets, providing a comprehensive trading offer for a broad range of traders.

Headquartered in Limassol, Cyprus, the IGM FX regulation is in line with the latest requirements. IGM Forex Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and registered with multiple European regulators, including AFM in the Netherlands, FSA in Denmark, FI in Sweden, ASF in Romania, or FSA in Norway.

The Broker provides CFD trading based on Forex, stocks, indices, commodities, and cryptocurrencies, available with flexible leverage for both retail and professional customers. IGM FX continue to put a lot of effort into providing its customers with top-notch trading services and because of that, there are plenty of trading benefits currently available

Educational resources, trading analysis tools, different trading platforms, 4 account types, 24/7 customer support, dedicated account managers, and tight trading costs are just some of the reasons why a lot of traders had already chosen to work with the brand.

With several years of expertise in the CFD trading industry, IGM FX has the ability to provide consistent trading services, in line with the latest European regulation, for a broad range of traders that want to take advantage of the financial markets.

Unique Trading Features at IGM FX

There are multiple unique features currently available at IGM FX, one of them being the 24/7 all-inclusive support. At a time when most of the brokerage houses offer support 24/5, this is a brand that stands out substantially.

Opening an account with IGM FX can be done in a few simple steps, even by individuals with little or no experience. They need to register for an account, verify it, fund using one of the payment methods support, and then enjoy trading.

 IGM FX account opening

Traders wanting to learn more about the markets can take advantage of the wide range of free educational resources that include trading eBooks, live webinars, and trading video tutorials. Depending on the account type chosen, other premium resources can be provided. At the same time, there are plenty of trading analysis tools, including market news, market summaries, economic calendar, and daily chart analysis.

IGM FX Trading Software

To satisfy all trading needs, IGM FX relies on multiple platforms, one of them being the popular MetaTrader 4. With a solid reputation, MT4 is a platform that continues to inspire trust among CFD traders, and because of that, we continue to see so many different brokerage houses relying on it.

The IGM FX customized MT4 version provides access to all 160+ available markets, free trading analysis tools, 30+ technical indicators, customizable EAs, multiple order types, and customizable push notifications and alerts.

Secondly, it would be important to note the IGM FX Web Trading Platform, a browser-based solution that comes with similar features, but one that does not require any installation. It has a friendly web interface and facilitates fast trading execution, which is why most of the traders will fancy it.

To trade via mobile, the mobile versions of the MT4 or the WebTrader ensure ample options when markets are volatile and traders need access while on the go.

IGM FX Deposits and Withdrawals

European CFD traders can take advantage of some of the largest payment providers when trading with IGM FX. They can make deposits or withdrawals using credit/debit cards, Skrill, Neteller, or wire transfer. Trading accounts can be denominated in USD, EUR, or GBP, and the minimum deposit for each of the currencies is 250.

Full account verification is required for withdrawals. That can be done by uploading a personal ID, proof of residence, and verification of the payment method.

Beginner Trader Support

IGM FX has a customer-oriented approach and because of that, it has a dedicated team of customer support representatives available 24/7. At the same time, there are dedicated account managers and senior account managers.

Beginners are supported via a broad range of educational resources and trading analysis tools. Gold and VIP account holders will get access to dedicated account managers and dedicated senior account managers, respectively.

Is IGM FX Safe to Use?

IGM FX is headquartered in Limassol, Cyprus and its mother company is regulated by CySEC, as well as registered with multiple European regulators. Because of that, the broker is well aligned with the latest CFD trading regulations applicable to the European Economic Area.

With that in mind, it is clear that trading with IGM FX can be done safely, without having to worry about compliance. The broker operates transparently and provides all the necessary information on its website or via customer support representatives available 24/7.

Other Services

Because financial markets continue to be challenging, IGM FX provides plenty of added-value via trading tools and resources that can enhance one’s perspective on trading. As a result, Gold and VIP account holders will benefit from trading signals via SMS from MTE, full account overview, VIP webinars, and dedicated account managers.

IGM FX educational resources

For all customers, there are multiple resources available, such as free trading education, and educational webinars. Lastly, IGM FX offers access to trading analysis tools that could be helpful when traders have difficulties in understanding the market’s performance at any given point.

IGM FX Review Conclusion

IGM FX is a regulated CFD broker based in the European Economic Area that wants to benefit from competitive trading conditions on 160+ available markets. With customers from all over the continent, the brand proves to inspire trust among traders and that should be a strong incentive for those looking for a new trading partner.

European regulation for CFD trading is among the most strict in the world and as a European broker, IGM FX is a broker well aligned with the current requirements. Due to 24/7 all-inclusive support, multiple trading platforms, diversity of assets, educational resources, and trading tools, the conclusion is that IGM FX is a reliable brand to work with.


Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

GXCM Review

December 2, 2020 at 5:48 am

GXCM Highlights

The challenges raised by the current financial conditions as well as the demand for personalized trading services had incentivized GXCM to provide a unique trading offer, with proprietary trading software at its core.

GXCM is an international online trading platform working on behalf of customers outside the EU and currently supporting thousands of different CFD instruments based on Forex, stocks, commodities, indices, futures contracts, and cryptocurrencies.

GXCM logo

Beginners will be pleased with what they can find at GXCM, considering there are a variety of educational resources (trading guides, education center, one-on-one with trading experts, etc.), a groundbreaking platform with easy access, market-leading spreads, as well as the latest economic and market news.

Trades are executed within milliseconds, there is a variety of funding options and currency support, and customer support is available 24/6. Are you curious to find out more about the brand? Read our comprehensive GXCM Review to get more insights into this promising online trading platform.

Trading Software

A unique trading experience is provided by GXCM thanks to its proprietary web-based software. Beginners don’t need to fear using it, due to a user-friendly user interface. On the left side, traders can choose what assets to display, in the center, there is the charts and orders section below, while on the right side of the platform, the broker managed to integrate a section with all the latest market and economic news.

GXCM trading platform

Because this is a browser platform, customers can use it not just on a desktop or laptop, but also on an Android or iOS device. There are no limitations in terms of the operating system because the only thing needed is a good browser.

According to GXCM, the platform combines practicality and popularity, offering a new solution for those that want a personalized trading experience. Charts are a solid advantage, given the support for a wide range of technical analysis tools. Implementing any technical strategy won’t be a problem when trading with GXCM.

GXCM Assets

There are no doubts GXCM is a platform for trading Forex, with tens of different currency pairs currently supported. You can trade on the leading pairs (EURUSD, GBPUSD, or USDJPY) and minors or exotic (AUDJPY, USDSGD, or USDZAR) with up to 1:100 leverage, floating spreads, 0 commission, and a usual Monday-to-Friday trading schedule.

Even though FX trading is one of the main capabilities when using the GXCM platform, it is important to note that the brand offers support for other asset classes as well. You can diversify with more than 2,000 shares, stock market indices, futures, commodities, and cryptocurrencies. All the trading instruments are CFDs, meaning customers can go long or short, without limitations. The smallest order size is 1,000 units (micro lot) and that should enable even those with limited capital to get involved.

GXCM assets

Account Types

GXCM believes that all customers need access to competitive trading conditions and because of that, it only offers a standard account. The main trading features associated are as follows:

–          Mobile friendly trading capabilities

–          Tight spreads

–          Access to an education center & trading guides

–          Latest economic and market news integrated into the platform

–          Milliseconds-fast trade execution

–          Exclusive positions

–          24/6 customer support service

–          Access to exclusive reports

–          One-on-one with trading experts.

Funding an account with GXCM can be done using a credit/debit card or bank wire transfer. Also, all customers get access to expert analysis on the leading stocks from the prior month. GXCM runs bonus promotions occasionally, enabling customers to increase their account size. Although this means more funds available to trade, it would be important to take note of all the terms & conditions associated.


Since all respectable trading brands offer educational resources, GXCM does not fall behind. With access to an education center, latest market news, economic calendar, and most importantly, one-on-one with trading experts, traders have access to efficient trading resources, all in one place.

GXCM believes that with proper knowledge and dedication any beginner can learn how markets work and then develop methods and techniques to take advantage of short-term price movements. This is the main goal of the education section and for now, it benefits from good feedback.



Trading FX CFDs as well as other asset classes can be done in proper conditions when working with GXCM. The brand proves a customer-oriented approach and with plenty of features and tools available, getting involved in the financial markets is no longer just for the privileged few.

Our analysis ends with a positive conclusion on the services provided by GXCM. This a safe and transparent online trading platform that should be considered by a broad range of CFD traders.