eXcentral Spreads, leverage, minimum deposit Revealed

　　Note: eXcentral's official website: https://eu.excentral.com is currently inaccessible normally.

eXcentral Information

　　eXcentral provides commodities, Forex, and CFDs among other trading instruments. It gives traders access to MetaTrader 4 as well as its own web platform. Though CySEC controls it, there is a clone warning about FSCA control.

Pros and Cons

Is eXcentral Legit ?

　　Under license number 226/14 the Cyprus Securities and Exchange Commission (CySEC) controls eXcentral. Mount Nico Corp. is the licenced institution.

　　However, there is also a dubious clone notice connected to a different license from the Financial Sector Conduct Authority (FSCA) in South Africa. The entity OM Bridge (PTY) Ltd claims control but is under suspicion as a clone.

　　Registered on March 4, 2014, the domain excentral.com is still valid with a March 4, 2025 expiration date.

What Can I Trade on eXcentral

　　eXcentral offers over 160 CFDs, including Forex (47 pairs), Commodities, Stocks, Indices, and Cryptos.

Account Types

　　Each of the four active account types available from eXcentral—Classic, Silver, Gold, and VIP—fits for different trading levels. Additionally accessible for practice is a demo account. The accounts vary in services, including access to account managers, as well as in spread.

Leverage

　　eXcentral provides leverage up to 1:400, which, particularly for new traders, greatly increases risk even when it can boost possible earnings.

eXcentral Fees

　　With spreads starting at 0.9 pips for VIP accounts and 2.5 pips for lower-tier accounts, eXcentral's fees are somewhat expensive relative to the industry average.

　　The withdrawal cost is $10; depending on the length of inactivity on the account, inactivity fines run from $80 to $200.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

　　eXcentral charges a $10 withdrawal fee, and the minimum deposit is $250.

　　Deposit Options

　　Withdrawal Options