For more information about eXcentral Forex Broker company profile, come to WikiBit!
Business
License
eXcentral is a financial services provider that was established in 2019. It specializes in offering trading services for various financial instruments, including forex, CFDs, and cryptocurrencies. The company aims to provide a user-friendly trading experience for both novice and experienced traders.
eXcentral operates under the umbrella of OM Bridge (Pty) Ltd, which is a registered investment firm. This ownership structure allows eXcentral to leverage the expertise and resources of its parent company while maintaining a focus on its core trading services.
The company is headquartered in Limassol, Cyprus, a notable hub for financial services and trading companies. This location provides eXcentral with access to a robust regulatory framework and a strategic position within the European market.
eXcentral serves clients from various regions, including the European Economic Area (EEA), Switzerland, and South Africa. The company aims to cater to a diverse clientele by offering a wide range of trading instruments and educational resources.
eXcentral is regulated by two primary authorities:
These regulatory bodies ensure that eXcentral adheres to strict standards of financial conduct, providing a level of security for its clients.
Since its founding in 2019, eXcentral has achieved several key milestones, including the establishment of its regulatory framework and the launch of its trading platforms. The company has quickly built a reputation for reliability and customer service.
eXcentral has expanded its offerings to include a diverse range of financial instruments. Initially focusing on forex and CFDs, the company has since included cryptocurrencies and commodities in its portfolio, catering to the evolving needs of traders.
The company has experienced steady growth in its customer base, thanks in part to its user-friendly platforms and comprehensive educational resources. eXcentral has garnered a following among both beginner and experienced traders.
eXcentral provides access to two primary trading platforms: MetaTrader 4 (MT4) and its proprietary web trading platform. The MT4 platform is widely recognized in the industry for its robust features, while the proprietary platform offers a more tailored trading experience.
While specific awards or recognitions were not detailed in the available information, eXcentral has received positive feedback from users, achieving a rating of 4.2 on Trustpilot, which reflects customer satisfaction with its trading conditions and services.
eXcentral offers trading in 47 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to diversify their portfolios and take advantage of various market conditions.
The company provides access to over 125 CFDs on stocks, including popular names like Amazon, Microsoft, and Facebook. This enables traders to speculate on price movements without owning the underlying assets.
eXcentral is particularly strong in CFD trading, offering a wide array of products across different asset classes. Traders can engage in CFDs on indices, commodities, and cryptocurrencies, making it a versatile choice for various trading strategies.
In addition to forex and stock CFDs, eXcentral offers trading in:
eXcentral distinguishes itself with several unique advantages:
eXcentral is regulated by:
The company operates as OM Bridge (Pty) Ltd in South Africa and Mount Nico Corp Ltd in Cyprus, allowing it to serve clients in multiple jurisdictions under appropriate regulatory frameworks.
As a regulated entity, eXcentral is required to segregate client funds from its operational funds, ensuring that clients' investments are protected in the event of financial difficulties faced by the broker.
eXcentral primarily serves clients in the EEA, Switzerland, and South Africa, but it may also cater to clients in other non-EU jurisdictions, depending on local regulations.
eXcentral has maintained a positive compliance history, adhering to the regulations set forth by CySEC and FSCA. The company has implemented measures to ensure client protection and transparency in its operations.
eXcentral faces competition from several notable brokers in the industry, including:
eXcentral positions itself as a reliable broker with a focus on customer service and educational resources. Its regulatory compliance and diverse product offerings help it stand out in a crowded market.
Key factors that differentiate eXcentral from its competitors include:
In conclusion, eXcentral is a well-regulated broker that offers a wide range of trading services, making it suitable for both beginner and experienced traders. Its commitment to education and customer support, combined with a diverse selection of financial instruments, positions it as a competitive player in the online trading space.
To learn more about eXcentral and its offerings, you can visit their official website or explore user reviews for firsthand experiences.