A brand of Mount Nico Corp Ltd., eXcentral is a CFD brokerage regulated by CySEC and FSCA, currently offering diversified services for a broad audience in the European Economic Area and Switzerland. The brand also follows the MiFID II Directive, offering both retail and professional trading conditions.
Among the most important benefits of the broker, it is important to highlight the innovative and easy-to-use platform, versatile MT4, various educational resources, professional customer support, and updated market analysis data, all offered to enhance the trading infrastructure.
eXcentral continues to improve its trading offer at a time when there is massive interest in retail trading, favored by outperformance in various asset classes. With coverage for FX, stocks, indices, commodities, and cryptocurrencies, traders working with this brand can diversify their holdings and take advantage of intraday or short-term trading opportunities.
Proprietary trading software and MT4
Considering traders have different tastes when it comes to trading software, eXcentral now offers a personalized WebTrader, a solution that aims to fit the needs of both beginner and experienced traders. According to the broker, this is a client-centric platform, packed with multi-view options, technical indicators, multiple execution modes, and risk management tools.
Additionally, the MetaTrader 4 is provided to ensure more diversity and reliability, given it is a platform with 15+ years of reputation. In this case, traders can install the software on desktop, laptop, or even mobile devices (Android and iOS) and benefit from the wide range of tools integrated for proper technical analysis and trade management.
On top of the MetaTrader 4 mobile capabilities, the eXcentral Mobile Trader is a solution designed by the company, in the same style as the WebTrader. With a friendly interface, this mobile app can be used when uncertainty and market volatility are elevated.
eXcentral assets
For the time being, the eXcentral CFD coverage includes tens of currency pairs, popular stocks, stock market indices, commodities, and several large cryptocurrencies. A diversified instrument list is necessary when financial markets are not performing evenly across a given time frame. The broker wants customers to have enough choices at their disposal, finding the right assets based on their trading strategy, schedule, and personal goals.
The list includes assets with different volatility profiles and variable spreads (also influenced by the account type chosen), making it possible to either build a diversified portfolio or focus on a short list of CFDs constantly.
Account types
Aiming to provide a variety of features and conditions, designed to satisfy a wide range of trading needs, eXcentral combines great trading conditions with exceptional features, now offering 4 different account types, for both retail and professional customers.
The eXcentral trading accounts are as follows:
- Classic
- Silver
- Gold
- VIP
Differences can be spotted in terms of spreads and access to several resources like educational webinars, trading signals via SMS from Trading Central, full account overview, VIP webinars, and dedicated/senior account managers.
Traders with different financial conditions can join eXcentral without having to make large deposits since the minimum required is 250 units in any of the currencies supported. The broker accepts payments using credit/debit card, wire transfer, Skrill, and Neteller, all safe and trusted solutions.
Trading education
On top of all the benefits already discussed, with this broker, CFD traders can use a wide range of educational and market analysis resources. Even those who already have experience in the market can use the data updated constantly to make better decisions and get an in-depth picture of conditions at any given moment.
eXcentral is aware that trading education is a continuous process and wants all its customers to benefit from high-quality content. Beginners are given extra attention, with resources that teach them the basics, like how to use the trading software, risk management, and technical analysis. It is important to note that several benefits aren’t open to all account types, such as VIP webinars and dedicated senior account managers.
Summary
There are enough reasons for us to conclude eXcentral is a reliable CFD broker, currently offering multi-asset coverage, advanced trading software, and plenty of other benefits traders can take advantage of when getting involved in the financial markets. The brand enjoys a favorable reputation since it is regulated and following the MiFID II Directive.
The diversity of the services provided makes eXcentral one of the companies to consider by a wide range of retail traders, regardless of their background. They can expand their knowledge using the analysis and educational materials offered.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read our Risk Disclosure document.
eXcentral Review
Product Name: eXcentral
Product Description: A brand of Mount Nico Corp Ltd., eXcentral is a CFD brokerage regulated by CySEC and FSCA, currently offering diversified services for a broad audience in the European Economic Area and Switzerland. The brand also follows the MiFID II Directive, offering both retail and professional trading conditions.
Brand: eXcentral
Offer URL: https://eu.excentral.com/
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Trading Platform
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Assets
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Account types
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Trading education
Summary
There are enough reasons for us to conclude eXcentral is a reliable CFD broker, currently offering multi-asset coverage, advanced trading software, and plenty of other benefits traders can take advantage of when getting involved in the financial markets. The brand enjoys a favorable reputation since it is regulated and following the MiFID II Directive.
Pros
- 4 different account types, each with competitive features
- Coverage for a diversified list of CFD assets
- Professional trading analysis and educational resources
- Free customer support for all users
Cons
- Traders from the Netherlands can’t open an account
- There are no ETF CFDs currently covered by eXcentral
