Excentral
Rating: 1.3 / 5eXcentral is a South African CFD broker owned and operated by investment firm OM Bridge PTY. It promises fast order execution and professional trading tools in its MT4 trading environment. It relies on account managers who frequently contact clients, and many report a push for deposits. I reviewed this broker to conclude if you should trust eXcentral and their bold marketing slogans. Does eXcentral live up to their promises, or should you avoid them?
eXcentral is a South African CFD broker owned and operated by investment firm OM Bridge PTY. It promises fast order execution and professional trading tools in its MT4 trading environment. It relies on account managers who frequently contact clients, and many report a push for deposits. I reviewed this broker to conclude if you should trust eXcentral and their bold marketing slogans. Does eXcentral live up to their promises, or should you avoid them?
Broker Details
- Headquarters
- Cyprus
- Established
- 2019
- Min Deposit
- 250$
- Execution
- Market Maker
- Regulators
- CySEC, FSCA
Trading Conditions
- Trading Hours
- CryptocurrenciesMonday 00:05 - Friday 23:55ForexMonday 00:00 - Friday 23:45CommoditiesMonday 00:00 - Friday 23:45European CFDsMonday 10:00 - Friday 18:30US CFDsMonday 16:30 - Friday 23:00
Platform & Features
- Trading Platforms
- MetaTrader 4
- Regulators Detailed
- Cyprus Securities and Exchange CommissionCountry: CyprusLicense: License Number 226/14Financial Sector Conduct AuthorityCountry: South AfricaLicense: License Number 48296
Pros
- Services from trusted third-party providers Trading Central and MTE Media
Cons
- Expensive trading costs and manipulated swap rates
- Reports of withdrawal issues and allegations of fraud
- Limited asset selection and few deposit or withdrawal options
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