✔️ Information reviewed and updated in February 2024 by Pedro Martínez González
In this section we will analyze the broker eXcentral (also called excentral.com and excentral-int.com), is a Forex, Cryptocurrency and CFD broker. Is eXcentral really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find: opinions about eXcentral ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it eXcentral ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
It is worth mentioning that eXcentral has two websites with a version for Europe and one for the rest of the world (Latin America), so we will analyze both websites.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Mount Nico Corp Ltd, OM BRIDGE (PTY) LTD and SPINELBRIDGE SERVICES LTD.
✅ Regarding its location, the broker mentions being based in: Cyprus and South Africa.
✅ If we analyze the regulation of the broker: depending on the location of the client it has regulation of Cyprus or South Africa.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types offered by eXcentral, we note that they offer 4 different types of account / plans: the Classic Account, the Silver Account, the Gold Account and the VIP Account. We leave an image with a little information about each type of account.
Classic account- Leverage up to 1:30, negative balance protection, free support and free trading training.
Silver Account: up to 1:30 leverage, negative balance protection, free support, free trading training, educational webinars.
Gold Account: up to 1:30 leverage, negative balance protection, free support, free trading training, educational webinars, SMS trading signals, global monthly account summary, VIP seminars, specialized account manager.
VIP account: up to 1:30 leverage, negative balance protection, free support, free trading training, educational webinars, SMS trading signals, weekly global account summary, VIP seminars, specialized account manager, senior account manager .
Las platforms to operate that eXcentral offers are: MT4 platform.
We will now analyze the different resources and aids for traders that eXcentral provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
EXcentral web page Latin America version
eXcentral provides the following help or resources to traders or interested parties: explanation of eXcentral financial products, frequently asked questions section, explanation of basic concepts of the world of trading, some ebooks, market summaries, trader calculators, trading signals, economic calendar, not much more than this.
coica.org - Fake Ads
According to messages from eXcentral clients, the broker uses false advertising, in this case they mention, among other things, that you can be a millionaire in 3 or 4 months. In this case, the website is coica.org.
🟢 Other information about eXcentral 🢢
Some more information in case you want to contact the company, or see its website for yourself.
🌏 Website: eu.excentral.com (EU version) and excentral-int.com (Latin American version)
📞 Telephone number: +357 24 024022 and +357 24 024022
You might be wondering why we did a review on eXcentral. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on eXcentral <<
Ending with this section, in our opinion Do we believe that the eXcentral company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it does not have good regulations, it is not in safe countries (Cyprus, South Africa). Bottom line: it doesn't seem like a good idea, we suggest using caution.
Update May 2020: according to customer feedback from eXcentral, the broker uses misleading and fraudulent advertisements
⛔ Attention ⛔ : We have received messages from clients assuring that eXcentral is closely linked to Initial, a disreputable broker with several complaints against him. ⛔ WE SUGGEST EXTREME CAUTION ⛔
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.