The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
Risk Management Index
The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures. The FSCA is responsible for market conduct regulation and supervision. FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions, as well as providing financial customers with financial education. The FSCA will further assist in maintaining financial stability.
License Type:Financial Service Corporate
Regulated in Country/AreaSouth Africa
Regulatory License No.：48296
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :UNIT 6C3,159 RIVONIA ROAD SINOSTEEL PLAZA,MORNINGSIDE EXT 39 SANDTON
Phone Number of Licensed Institution :27072 216 2542
Most visited countries/areas
The data are from WIKI Research 2021.06.16 updated
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Basic Information & Regulators of eXcentral
eXcentral is an online CFD brokerage firm owned and operated by OM Bridge (PTY) Ltd, a successful investment company with extensive experience in the financial markets, currently regulated by the Financial Services Conduct Authority of South Africa (FSCA) (license number: FSCA/48296).
Safety Analysis of eXcentral
The company to which eXcentral belongs, OM Bridge (PTY) Ltd, holds a financial services business license licensed by the FSCA in South Africa. Therefore the forex trading services carried out by eXcentral are over-licensed. Investors should take care to avoid this forex broker.
eXcentral offers traders access to many financial tradable instruments, mainly Forex currency pairs, commodities, indices, and stocks.
Leverage & Account of eXcentral
To meet different traders' trading needs and experience, eXcentral offers four different account types: Classic Accounts, Silver Accounts, Gold Accounts, and VIP accounts. The maximum trading leverage is 1:400 for Forex currency pairs, 1:200 for indices and commodities, 1:5 for stock trading, and 1:5 for cryptocurrencies.
Spreads & Commission Fees of eXcentral
The spread for eXcentral Classic and Silver accounts is 2.5 pips for EURUSD, 2.8 pips for GBPUSD, 2.8 pips for USDJPY, and US$0.14 for Crude Oil. For the Gold account, the EURUSD spread is 1.8 pips, the GBPUSD spread is 2.3 pips, the USDJPY spread is 2.3 pips, and the Crude Oil spread is US$0.13. For the VIP account, the EURUSD spread is 0.9 pips, the GBPUSD spread is 1.4 pips, the USDJPY spread is 1.4 pips, and the Crude Oil spread is US$0.10.
Trading Platform Applied of eXcentral
eXcentral offers traders the market-leading and highly acclaimed MT4 trading platform. MT4 software is compatible with EA Trading and can be customized to suit their preferences with 30 technical indicators, 3 execution modes, 4 order types, and 9 timeframe interactive charts. MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs. The MT4 is available for Android and iOS, giving traders the flexibility to choose according to their needs.
Deposit & Withdrawal of eXcentral
eXcentral welcomes users to withdraw funds via VISA, MasterCard credit cards (minimum deposit of 250 EUR/USD/GBP, maximum daily withdrawal of 10,000 EUR/USD/GBP), Skrill & NETELLER (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of unlimited funds) and wire transfer (minimum deposit of 250 EUR/USD/GBP, maximum withdrawal of 10,000 EUR/USD/GBP). EUR/USD/GBP, unlimited withdrawals). Traders are charged 3.5% for credit card withdrawals, 30 EUR/USD/GBP for wire transfers, 2% for Skrill withdrawals, and 3.5% for NETELLER withdrawals.
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