Facebook Twitter Instagram
    Coinrevolution
    • Cryptocurrency
      • Crypto Exchanges
        • Binance Review
        • Bitstamp Review
        • Bitvavo Review
        • BTC Markets Review
        • Blockchain.com Review
        • CoinJar Review
        • CoinMetro Review
        • Gemini Review
        • Kraken Review
        • Newton Review
        • Liquid Review
        • Wealthsimple Review
      • Price Prediction
        • Akita Inu Price Prediction
        • ANKR Price Prediction
        • Avalanche price prediction
        • BizzCoin Price Prediction
        • Carando Price Prediction
        • Cartesi Price Prediction
        • Dogecoin price prediction
        • Dogelon Mars Price Prediction
        • Enjin (ENJ) Price Prediction
        • Ethereum Price Prediction
        • Gala Price Prediction
        • GRT Price prediction
        • Harmony ONE Price Prediction
        • IoTex Price prediction
        • Loopring Price Prediction
        • NuCypher Price Prediction
        • Polkadot Price Prediction
        • Ren Price Prediction
        • SafeCoin Price Prediction
        • Saitama V2 Price Prediction
        • Shiba Inu Price prediction
        • Siacoin Price Prediction
        • Stellar (XLM) Price Prediction
        • SushiSwap Price Prediction
        • Vechain Price Prediction
        • Xrp price prediction
      • Buy Cryptocurrency UK
        • Best Crypto Exchanges UK
        • Buy Bitcoin UK
          • Best Bitcoin Wallet UK
          • Buy Bitcoin With Credit Card UK
        • Buy DigiByte Coin UK
        • Buy Dogecoin UK
        • Buy Ethereum UK
        • Buy IOTA UK
        • Buy Monero UK
        • Buy Siacoin (SC) UK
        • Buy Stellar Lumens (XLM) UK
        • Buy VeChain (VET) UK
        • Buy XRP UK
      • Buy Cryptocurrency Australia
        • Buy Bitcoin Australia
        • Cryptocurrency Exchanges Australia
        • Best Crypto Wallets Australia
      • Buy Cryptocurrency Canada
        • Buy Bitcoin Canada
        • Crypto Exchanges Canada
        • Crypto Wallets Canada
        • Buy Ripple Canada
      • Buy Cryptocurrency Ireland
        • Buy Bitcoin Ireland
        • Crypto Exchanges Ireland
        • Crypto Wallets Ireland
      • Buy Cryptocurrency South Africa
        • Bitcoin Exchanges South Africa
        • Buy Stocks Ireland
        • Buy Ethereum South Africa
        • Buy Ripple (Xrp) South Africa
      • Crypto Exchanges New Zealand
      • Buy Cryptocurrency UAE
        • Crypto Exchanges UAE
        • Buy Bitcoin UAE
      • Buy Cryptocurrency Singapore
        • Buy Bitcoin Singapore
      • Buy Cryptocurrency Thailand
        • Crypto Exchanges Thailand
        • Buy Bitcoin Thailand
      • Buy Cryptocurrency Qatar
        • Crypto Exchanges Qatar
        • Buy Bitcoin Qatar
      • Buy Cryptocurrency Philippines
        • Cryptocurrency Exchanges Philippines
        • Bitcoin Wallet Philippines
      • Buy Cryptocurrency Saudi Arabia
        • Buy Bitcoin Saudi Arabia
    • investing
      • Best investment platforms UK
      • Best Investment Apps UK
      • Invest In Cryptocurrency Australia
      • Invest In Gold Australia
      • Invest In Silver Australia
      • Invest In Crypto New Zealand
      • Invest and Buy Shares South Africa
      • Invest In Bitcoin Philippines
      • Loans
        • Cash Loans Online
        • Cash Loans Wired in 1 Hour
        • Emergency Loans for Bad Credit
        • Online Payday Loan Canada
        • Payday Loans Ireland
    • Trading
      • Stock Trading Apps Ireland
      • Trading Apps South Africa
      • Trading Platforms South Africa
      • Forex
        • Free Forex Signals UK
        • Forex Trading For Beginners UK
        • Forex Trading Platforms UK
        • Forex Brokers UAE
        • Forex Trading Saudi Arabia
    • Brokers
      • Brokers UK
        • MetaTrader 4 Brokers UK
        • Crypto Brokers UK
        • Stock Brokers UK
      • Stock Brokers Ireland
      • Brokers Compare
        • Chime VS Cash App
        • Betterment vs. TD Ameritrade
        • Questrade vs. Wealthsimple
        • Tastyworks vs Robinhood
    • Trading Software
      • Bitcoin Software A-L
        • Bitcoin Billionaire
        • Bitcoin Circuit
        • Bitcoin Code
        • Bitcoin Compass
        • Bitcoin Equalizer
        • Bitcoin Era
        • Bitcoin Evolution
        • Bitcoin Fast Profit
        • BITCOIN GEMINI
        • Bitcoin Loophole
      • Bitcoin Software M-Z
        • Bitcoin Millionaire
        • Bitcoin Prime
        • Bitcoin Profit
        • BITCOIN SUPERSTAR
        • Bitcoin Trader
        • Bitcoin Up
        • Bitqt
      • Crypto Engine
      • Crypto Genius
      • CryptoSoft
      • Ethereum Code
      • Immediate Edge
      • Oil Profit
      • The News Spy
      • Yuanpay group
      • 1K Daily Profit
    • Contact Us
    Facebook Twitter Instagram
    Coinrevolution
    Home » eXcentral CFD Broker Review- Weighing in on the Broker’s Offerings
    News

    eXcentral CFD Broker Review- Weighing in on the Broker’s Offerings

    Dov HermanBy Dov HermanSeptember 30, 2020No Comments8 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Online CFD and forex trading can be tricky for beginners. As a result of this, it is necessary to partner with a broker who offers all the tools, services and features required to trade accurately and profitably. This includes extensive educational resources, powerful trading tools, a user-friendly trading platform, secure banking options, responsive customer support and strict adherence to the regulatory framework.

    This is where the eXcentral broker takes center stage.

    eXcentral is a well-known CFD and forex broker that has become a leading service provider by providing best-class service to its users. The firm is owned and operated by a successful investment firm, Om Bridge Ltd, a legally regulated company in South Africa.

    eXcentral is a South African CFD broker with its headquarters located in Limassol, Cyprus. The CFD broker allows trading in multiple asset classes that includes forex, commodities, indices, stocks, and even selected cryptocurrencies. The diversified offerings are supported by extensive knowledge base tutorials and guides that eXcentral provides to its users. Additionally, its advanced and versatile platform combined with the free educational materials is a complete package for both new and advanced traders.

    With the wide choice of over 300 assets to trade as well as customized trading accounts, eXcentral should be your first choice when you step into the trading arena.

    <<<START TRADING TODAY>>>

    Table of Contents

    • eXcentral License and Regulation
    • eXcentral Review – Is This Broker a Scam?
    • Account Types
    • Trading Platforms
    • eXcentral Trading Instruments
    • Fees
    • Educational Resources
    • Deposit and Withdrawal Methods
    • Customer Support
    • Is eXcentral the Right Broker For You?

    eXcentral License and Regulation

    eXcentral License and Regulation

    It is a necessity to sign up with a regulated broker as this will ensure the protection of your funds and trading activities at all time. eXcentral is legally regulated and compliant with the regulations and policies laid out by the regulatory body.  That is, the operations of eXcentral are managed by Om Bridge Ltd. This investment firm is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, under License Number FSCA/48296. The forex and CFD broker eXcentral is also regulated by CySEC (Cyprus Securities and Exchange Commission) under license number 226/14. The operations of CySEC, the financial regulatory authority for Cyprus, are in compliance with the European MiFID laws. Since Cyprus is an EU member state, eXcentral is allowed to extend its services on a cross border basis to the European Economic Area (EEA) countries as well as Switzerland.

    In addition to this, the exchange broker is also associated with the Investor Compensation Fund, which serves to protect retail traders. This gives an extra layer of protection to the clients of this top broker. Furthermore, eXcentral is also in regulatory compliance with ESMA (European Securities and Markets Authority), which contributes to protecting investors and to promoting stable financial markets. What this all means is that when you sign up with eXcentral, you can have full peace of mind that you are partnering with a regulated broker that complies with international financial laws

    <<<START TRADING NOW>>>

    eXcentral Review – Is This Broker a Scam?

    eXcentral Review – Is This Broker a Scam

    Though it is a relatively new forex and CFD broker firm, eXcentral has covered all the important aspects starting from legal to educational resources. In addition, it is a legit broker and not a scam. It is regulated under CySEC and the firm that operates this broker is also legally regulated by the regulatory body in South Africa. Additionally, it has also gone a step ahead and added the relevant educational materials on its platform to ensure that all of its clients have effective tools to boost their trading success. eXcentral is recognized as a quality broker in the industry

    Account Types

    eXcentral Account Types

    eXcentral offers a number of features on its platform. One of these features include a choice of account types to cater to the different trading needs of its clients. These accounts include – Classic, Silver, Gold, and VIP.

    The most basic features of each account type include leveraged trading, a choice of asset types, margin calls, and minimum and maximum volume per trade which remain common across the 4 account types. Further, narrowing down the only difference between a Silver and the Gold account is that of access to educational webinars. In addition, other conditions of maximum leverage of 1:30 and starting spread in EUR/ USD at 2.5 pips remain common across both these account types.

    Now, as compared to Classic and Silver accounts, the Gold and VIP account types include increased benefits such as access to a dedicated account manager, VIP webinars, and account review. Moreover, one of the most significant differences is the spreads offered in both these accounts. In the case of the Gold account, the spread is 1.8 EUR/ USD, while for the VIP account type it is at 0.9 pips.

    <<<REGISTER HERE>>>

    Trading Platforms

    eXcentral offers the option of two trading platforms. One is the standard and widely used MT4 (MetaTrader) trading platform. The other is the WebTrader platform which does not require any download.

    First, focusing on the MT4 trading platform, it offers a range of benefits that includes built-in technical indicators, user-friendly interface, compatibility with EA’s, a wide choice of indicators and much more. The propriety design of this innovative platform offers a wide range of benefits to its users. In addition, the user-interface is simple and can be easily understood even by a beginner. Moreover, it includes additional options of multi-view, setting a stop loss or margin prior to entering a trade, and a non-cluttered list of all the assets on the eXcentral platform.

    The options for trading platforms can be accessed from the main menu option on the broker’s, under the tab of ‘Platform’.

    eXcentral Trading Instruments

    eXcentral Trading Platforms

    As mentioned before, eXcentral offers trading instruments like forex, shares, indices, commodities, and cryptocurrencies. On the broker’s site, they provide a details assets table. This table provides information on the instrument, the minimum trade size, the maximum trade size, as well as the contract size.

    The broker firm supports 48 currency conversions in the forex class, 12 indices, 8 commodities, 56 shares, and 3 cryptocurrencies. A user can also get the opportunity to trade prominent shares like Apple, Alibaba, Bank of America, Intel, Coca-Cola, etc.

    It is important to note that spreads are not provided alongside the assets table, however, any information you require can easily be obtained from the customer support team on the site.

    Traders also get the chance to choose their preferred broker from a choice of well-established and highly reputable firms. All the brokerage firms that support Algo Signals allow users to use the software in demo mode, but with real market simulation. You can test and verify the real time performance of the software without putting a single dime on the line.

    Fees

    While eXcentral provides a list of assets in a table, there is no mention of any fees associated with each asset on its trading platform. It is basically a CFD broker and hence much of its revenue is generated through the spreads. That is, the difference between the buy and sell prices of assets. As far as incentives or spreads are concerned, leaving the VIP trading account, Silver, Classic and Gold accounts also have attractive spreads as compared to other CFD brokers.

    <<<REGISTER HERE>>>

    Educational Resources

    Educational Resources

    eXcentral offers a wide range of educational resources on its platform. From videos to guides and tutorials, and even live trading webinars, everything you need to trade effectively can be found on the eXcentral site. In addition, the broker provides trading resources suited for both beginner and expert traders. The broker also offers a choice of videos which are designed by MTE media, which itself is a leading name in the field of financial education and research.

    Furthermore, under the Trading Analysis tab on the site, it provides a range of resources for understanding market analysis. This includes segments for market news and even an economic calendar to give insight into major events in the financial markets. Additionally, specialized tutorials are also provided in order to help understand and read different kinds of trading charts.

    <<<REGISTER HERE>>>

    Deposit and Withdrawal Methods

    Deposit and Withdrawal Methods

    There are 4 kinds of deposit options offered by the platform. This includes VISA credit and debit card, Skrill, Wire transfer, and Neteller. In addition, out of the euro, US dollar, and British pound, one option can be chosen as your account currency.

    Before initiating a withdrawal, there are a few things that you would need to submit to eXcentral. These are ID proof, residential proof, payment method verification. This is inline with the requirements of the regulatory bodies.

    Customer Support

    The customer support team, as claimed by eXcentral, is equipped with friendly and knowledgeable individuals. An account manager and a support team representative ensure that all your questions are answered and your account is properly set up. The customer support can be accessed through phone, email, and also by ‘Request a call back’ service.

    Read the eToro Review>>>

    Is eXcentral the Right Broker For You?

    eXcentral is the Right Broker

    Although comparatively new, eXcentral is secure with all the regulations and legalities in place. The platform offers a wide range of videos and webinars that can extend familiarity to any beginner in trading. The broker also offers a wealth of effective trading tools to ensure trading accuracy. If you are looking for a regulated, reliable and efficient broker to partner with, then eXcentral should be your first choice.

    Overall Rating: 8.5/10

    <<<REGISTER HERE>>>

    Learn about EMD Capital Here>>>

    Click to rate this post!
    [Total: 0 Average: 0]
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Dov Herman

    Related Posts

    The EU Parliament Passes Bill for Monitoring Crypto Transfers

    June 30, 2022

    US SEC Is Set To Classify Bitcoin As A Commodity

    June 29, 2022

    It’s A Buyers’ Market As The Bears Persist

    June 28, 2022
    Table of Contnets
    • eXcentral License and Regulation
    • eXcentral Review – Is This Broker a Scam?
    • Account Types
    • Trading Platforms
    • eXcentral Trading Instruments
    • Fees
    • Educational Resources
    • Deposit and Withdrawal Methods
    • Customer Support
    • Is eXcentral the Right Broker For You?
    Guide
    • Cryptocurrency
    • Forex
    • Trading
    • Investing
    • Brokers
    • Trading Software

    Trading is very risky. Consult a financial advisor. Coinrevolution does not guarantee the accuracy of the presented data and is not responsible for any trading decisions. Please read our full disclaimer

    Facebook Twitter Instagram Pinterest
    • Risk Disclaimer
    • About Us
    • Privacy Policy
    • Contact Us
    © 2022 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT
    Go to mobile version