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eXcentral -

Score

1.42 /10
Danger

eXcentral

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

https://excentral-int.biz

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Score

Regulatory Index0.00

Business Index6.27

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 226/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

eXcentral · Company summary

Note: eXcentral is to operate via the website - https://excentral-int.biz/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

The Cyprus CYSEC regulation (license number: 226/14) and the South Africa FSCA regulation (license number: 48296) by eXcentral are suspected to be clones. Please be aware of the risk!

It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

eXcentral, a trading name of OM BRIDGE (PTY) Ltd., is allegedly a financial services company registered in Cyprus that claims to provide its clients with the MT4 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that eXcentral holds suspicious clone Cyprus Securities and Exchange Commission (CYSEC) and Financial Sector Conduct Authority (FSCA) licenses. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.24/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation
General Information & Regulation

Trading Platform Available

The platform available for trading at eXcentral is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

eXcentrals customer support can be reached by telephone: +357 22 032220, email: support@excentral-eu.com, inquiries@excentral-int.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Agiou Athanasiou, 66 Toumazis Linopetra Building 4102, Limassol, Cyprus.

Pros & Cons

Pros Cons
• MT4 supported • Suspicious Clone
• Website inaccessible

Frequently Asked Questions (FAQs)

Q 1: Is eXcentral regulated？
A 1: No. It has been verified that eXcentral is a suspicious clone.
Q 2: Does eXcentral offer the industry-standard MT4 & MT5？
A 2: Yes. eXcentral says to offer MT4, however, it is a suspicious clone broker.
Q 3: Is eXcentral a good broker for beginners？
A 3: No. eXcentral is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of its inaccessible website.

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Genevieve
more than one year
I had a really bad experience with eXcentral. Their website looked unprofessional, and I found out that their regulatory licenses were fake, customer service is also unsatisfactory. I wouldn't trust them with my money, and I suggest others stay away as well. There're too many scammers in the indsutry and everyone should be vigilant.
I had a really bad experience with eXcentral. Their website looked unprofessional, and I found out that their regulatory licenses were fake, customer service is also unsatisfactory. I wouldn't trust them with my money, and I suggest others stay away as well. There're too many scammers in the indsutry and everyone should be vigilant.
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2023-03-24 14:10
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