eXcentral Review: Regulation, Spreads & Leverage
Market Maker broker based in South Africa with MetaTrader 4, a $250 minimum deposit and leverage up to 1:400.
- Market Maker
- 1:400 Leverage
Your money is at risk
In this eXcentral review
eXcentral overview: what kind of broker is it?
eXcentral is a Market Maker forex and CFD broker based in South Africa, founded in 2019. Financial Sector Conduct Authority (FSCA).
Traders get MetaTrader 4, spreads from yes, leverage up to 1:400 and a $250 minimum deposit. New clients can also check the current Up to 50% Forex Welcome Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures.
eXcentral broker specifications
Company and regulation
| Broker | eXcentral |
|---|---|
| Regulated by | Financial Sector Conduct Authority (FSCA) |
| Type of broker | Market Maker |
| Country | South Africa |
| Foundation year | 2019 |
| Website | Visit eXcentral website |
| Website languages | English , Arabic, Polish, Portuguese, Russian, Spanish, Deutsch |
Trading conditions
| Minimum deposit | $250 |
|---|---|
| Maximum leverage | 1:400 |
| Minimum spreads | yes |
| Base currencies | USD, GBP, CHF, EUR and More |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | Up to 50% Forex Welcome Bonus |
|---|---|
| Welcome bonus | 50% Welcome Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +271 05 951261 |
|---|---|
| inquiries@excentral-int.com | |
| Fax | Not available |
| Head office | Unit 6C3, 159 Rivonia Rd, Sinosteel Plaza, Morningside Ext 39, Sandton, Gauteng, 2146, South Africa |
eXcentral bonus
eXcentral promotes a Up to 50% Forex Welcome Bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the eXcentral bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the eXcentral website before you claim.
eXcentral pros and cons
Pros
- Regulated: Financial Sector Conduct Authority (FSCA)
- Up to 50% Forex Welcome Bonus for new traders
- Spreads from yes, Market Maker execution
- MetaTrader 4 on every device
- Mini and VIP accounts
Cons
- Bonus comes with trading-volume rules
eXcentral account types
eXcentral offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $250 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | No |
| Managed account | No |
| Segregated client funds | Yes |
eXcentral trading platforms
eXcentral runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
eXcentral deposit and withdrawal methods
eXcentral supports 4 deposit methods.
Banks and cards
E-wallets
Withdrawal methods
Is eXcentral safe and legit?
eXcentral is a regulated broker. Financial Sector Conduct Authority (FSCA). The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
eXcentral is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About eXcentral
Some news
Who should choose eXcentral?
Good fit for
- Traders who want MT4
- Bonus hunters testing a new broker
- Scalpers, hedgers and news traders
Think twice if
eXcentral FAQ
Is eXcentral regulated?
Yes. Financial Sector Conduct Authority (FSCA).
What is the eXcentral minimum deposit?
The minimum deposit to open a live eXcentral account is $250.
Does eXcentral offer a bonus?
eXcentral currently promotes a Up to 50% Forex Welcome Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at eXcentral?
Leverage goes up to 1:400. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does eXcentral use?
eXcentral uses MetaTrader4 (MT4), WebTrader Desktop and Mobile.
Does eXcentral offer Islamic swap-free accounts?
No. eXcentral does not list Islamic swap-free accounts.
How can I deposit and withdraw at eXcentral?
You can use Bank transfer, credit card, Skrill and Neteller.