Review EXcentral

Review EXcentral Headquarters in Cyprus Open Live Account BEGIN item ContentsIntroPros and ConsRegulationTrading PlatformsAvailable AssetsEducationSupportConclusion


With 160+ CFD products on offer and the choice of four different trading accounts, eXcentral has something that will resonate with every trader.

The broker is a new brand of Cyprus-based Mount Nico Corp Ltd., and was launched in 2019 to serve the traders in the European Union. The firm has been able to rapidly expand thanks to their diverse features and generous trading terms and has become the broker of choice for many traders throughout the European Union.

On top of the broad selection of CFD products, there is also a generous number of forex pair, as well as a small selection of cryptocurrency pairs. That rounds out the CFD offerings that cover stocks, indices, and a good number of commodities. All of these come with competitively low spreads and with the highest levels of leverage allowed by law.

The broker has also become well known for its solid educational offerings and market research. If knowledge is needed, then eXcentral is standing ready to provide it. All the clients have access to the basic educational materials, with the silver level unlocking webinar access, and the gold level unlocking expert VIP webinar sessions covering advanced trading strategies and techniques.

EXcentral Intro

Below we take a deeper look at the offerings to help you decide if eXcentral will work as your broker.

eXcentral Pros and Cons


Regulated by the Cyprus Securities and Exchange CommissionTrading signal serviceChoice of MetaTrader 4 or the eXcentral proprietary trading platformMarket news and daily analysis provided


$250 minimum deposit requiredBroker does not accept residents of Australia, U.S., Canada, Israel, and JapanExcessive inactivity and maintenance fees

Broker Regulation

Traders generally prefer that the broker they are working with is regulated to provide some safety in their funds, and recourse in the event they have some unresolved issues with the broker. In that respect eXcentral meets trader’s needs and expectations as it is fully regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 226/14. Even though the regulator is based in Cyprus, they comply with all the requirement of the European MiFID laws. And because Cyprus is a member of the EU the broker is able to provide its service to all the countries in the European Economic Area (EEA), plus Switzerland.

Traders will also be pleased to know this broker participates in the Investor Compensation Fund and provides Negative Balance Protection. eXcentral remains compliant with the regulatory edits of the European Securities and Markets Authority (ESMA). In short, traders are fully protected by regulatory oversight when trading through eXcentral.

Account types

eXcentral offers four account levels or tiers, giving traders the chance to match the features they receive with their own trading preferences. The minimum deposit at the broker is $250 which gets you a Classic account, however the website does not specify the minimum deposits required for higher tier access.

At the start of the tiers is the Classic account, which is designed for the beginners and those new to eXcentral. Leverage of up to 1:400 is available for professional traders, but retail traders can take advantage of 1:30 leverage. Spreads remain wide at this level, and there is a minimum trade volume of 0.01 lots. Clients at this level can take advantage of the wide selection of educational materials as well.

At the Silver tier the broker adds access to the educational webinars they put on each Monday. All the other conditions remain the same as for the Classic level.

Moving up to the Gold level clients will receive all the benefits of the previous tiers. In addition, the spreads narrow by about 25% and there is access to the broker provided SMS trading signals. Also added are VIP webinars, a dedicated account manager, and a monthly trading overview report.

The highest tier is the VIP level, where clients receive a dedicated senior account manager, access to a weekly trading overview report, and the most competitive spreads, which start at 0.9 for the popular EUR/USD pair.

EXcentral Account types

In addition to the real trading accounts there are also demo accounts available that can be used to test the platform and trading conditions being offered.

Trading Platforms

While many brokers keep their clients strapped to a single platform, eXcentral breaks from that by having two different platforms available to their clients.

One is the well-known and popular MetaTrader 4 platform, which will certainly make experienced forex traders comfortable. MT4 is the most reputable trading platform in existence, and chances are anyone with trading experience is already familiar with all the features and options available from this excellent trading platform. eXcentral has even expanded the power of MT4 by including an MT4 plugin signal service, as well as exclusive indicators provided by Trading Central. MT4 is available as a downloadable desktop version or as a mobile version for either Android or iOS devices.

New traders who prefer a web-based trading platform might opt for the proprietary eXcentral WebTrader. It gives clients access to optimal trading conditions right in a web browser. That means it can be easily accessed from any internet-connected device with a web browser. It includes TradingView charts, asset alerts, one-click trading, risk management tools and many more useful trading tools. It is available as the afore mentioned WebTrader, or as a smartphone app for either the Android or iOS devices.

Available Assets

As we mentioned at the start of this review there are more than 160 CFD products available at eXcentral. In addition, clients can choose from 50 different forx pairs that include majors, minors, and some exotic pairs. There are also five cryptocurrency pairs for those who have advanced to trading the new digital currencies.

The number of stocks offered via CFD is impressive, and eXcentral gives its clients access to all the largest, most popular stocks such as Apple, Amazon, Facebook, Netflix, and more. Also impressive is the selection of commodities, which extended beyond gold, silver, and crude oil to the agricultural commodities such as coffee and cocoa, wheat, and corn.

Education and Research

eXcentral goes the extra yard by offering its clients a broad array of educational materials, all meant to improve trading knowledge and skills. Beginners will see immense benefits, but there are even educational materials that will help advanced traders improve their trading.

Traders will find ebooks and video tutorials covering trading tools, the MetaTrader 4 platform, social trading, forex, stocks and more. In addition, there are a number of interactive courses that focus on improving trading strategy, and live webinars each week put on by the head of trading at eXcentral.

Added to the educational material is a number of analysis tools offered for free. These range from the basic economic calendar and news updates to advanced charting analysis tools and calculators that help to pinpoint ideal entry and exit levels.

Rounding out the educational offerings are the SMS Trading Central signals that not only provide trade ideas, but also point out market conditions that can be studied to learn how to identify potentially profitable trade setups.

Customer Service

The customer service team at eXcentral is focused on professionalism and delivering quality service to each and every client. Support options include online chat, email, contact form, and telephone. Clients can either call directly, or they can submit a request to receive a callback at a time of their choosing. Support is provided 24/5.

EXcentral Customer Service

Phone: +357 24024022

Webform: Contact Us Form


In Conclusion

When you consider the features offered by eXcentral, the protections in place for the clients, and the CySEC regulation it is safe to say that this is a trusted and professional broker. Even though this brand only launched in 2019, the team behind the brand have had years of industry experience. This ensures they know what traders need and are able to provide it.

Clients will have access to extensive educational materials, strategy sessions to improve their trading skills, and competitive spreads to take advantage of their new knowledge. With the choice of the MT4 platform or the broker’s proprietary platform there should be no issues in the trading software.

Clients will also appreciate the signal services and indicators provided by Trading Central.

Taken all together we believe eXcentral is a top choice for traders in the EU and EEA.

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