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.
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 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.
Education
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.
Conclusion
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.
eXcentral Review
Product Name: eXcentral
Product Description: 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.
Brand: eXcentral
Offer price: 250
Currency: USD
Offer URL: https://eu.excentral.com/
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Trading Software
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Assets
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Education
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Account Types
Summary
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.
Pros
- Brokerage house regulated by CySEC and registered with multiple EU regulators
- Support for trusted trading software
- Coverage for some of the most popular assets
Cons
- Trading Central not available for all customers
- MetaTrader 5 not yet available
- Traders outside EEA can’t register