eXcentral Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-11-11 17:54

Abstract：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.

　　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.

　　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
• MT4 supported	• 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.