Excent Capital Forex Broker

Excent Capital Forex Broker - Complete Information Guide

1. Broker Overview

Excent Capital, established in 2018, is a reputable online trading platform that operates primarily in the forex and CFD markets. The broker is headquartered at CT House, Office 3 C, Providence, Mahe, Seychelles. As a privately held company, Excent Capital has developed a strong reputation within the financial industry, offering a diverse range of trading services to clients worldwide.

Excent Capital serves a broad market, catering to individual retail traders and institutional clients. Over the years, the company has achieved significant milestones, which include obtaining a retail forex license from the Seychelles Financial Services Authority (FSA) and expanding its product offerings to include various financial instruments such as forex, contracts for difference (CFDs), commodities, and indices.

The business model of Excent Capital focuses on retail forex trading, providing clients with access to a user-friendly trading platform, competitive spreads, and a commitment to customer service. The company aims to empower traders by offering advanced technology and resources to enhance their trading experience.

2. Regulatory and Compliance Information

Excent Capital is regulated by the Seychelles Financial Services Authority (FSA), holding a retail forex license with the number SD 137. This regulation ensures that the broker adheres to specific standards for operational integrity and client protection.

The license is valid for conducting trading activities in the forex and CFD markets, allowing Excent Capital to operate legally within the jurisdiction. The company has implemented a robust client fund segregation policy, ensuring that client funds are kept separate from the company's operational funds, thereby enhancing security.

While Excent Capital does not participate in any investor compensation schemes, it adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These procedures are designed to prevent illicit activities and protect both the company and its clients.

3. Trading Products and Services

Excent Capital offers a wide array of trading products, primarily focusing on forex pairs and CFDs. The broker provides access to over 140+ trading instruments, including:

• Forex Currency Pairs: A comprehensive selection of major, minor, and exotic currency pairs.
• CFDs: Including indices, commodities, stocks, and cryptocurrencies.
• Commodities: Trading in precious metals, energy products, and agricultural commodities.
• Indices: Access to popular stock indices from various global markets.

The broker frequently updates its product offerings to ensure that clients have access to the latest market opportunities. Retail trading services are tailored to individual traders, while institutional clients can benefit from customized solutions.

Excent Capital also provides white-label solutions and asset management services, catering to partners looking to offer trading services under their brand.

4. Trading Platform and Technology

Excent Capital does not support MetaTrader 4 or MetaTrader 5, opting instead for its proprietary trading platform. This platform is designed to meet the demands of modern traders, offering features such as:

• Web-based Trading: Accessible from any device with internet connectivity.
• Mobile Applications: Available for both iOS and Android, allowing traders to manage their accounts on the go.
• Execution Model: The platform operates on an ECN (Electronic Communication Network) model, providing direct access to the interbank market.

The broker's servers are strategically located to ensure low latency and fast execution speeds, enhancing the overall trading experience. Additionally, Excent Capital supports API access for automated trading solutions, catering to algorithmic traders.

5. Account Types and Trading Conditions

Excent Capital offers various account types to accommodate different trading needs:

• Standard Account: Requires a minimum deposit of USD 200, with competitive spreads starting from 1.0 pips.
• Advanced Account Types: Including VIP and professional accounts, which provide enhanced features and benefits.
• Special Accounts: Such as Islamic accounts for clients seeking Sharia-compliant trading options.

The broker allows for a minimum trade size of 0.01 lots and offers leverage up to 1:150, depending on the asset class. Clients can also benefit from negative balance protection, ensuring that they do not lose more than their account balance.

Excent Capital provides a demo account option, allowing traders to practice and develop their strategies without financial risk.

6. Fund Management

Excent Capital supports a variety of deposit methods, including:

• Bank Transfers
• Credit Cards
• E-Wallets

The minimum deposit requirement varies by account type, with most accounts starting at USD 200. Deposits are processed quickly, often within a few hours, while withdrawal requests are typically processed within 1-3 business days.

The broker does not impose deposit fees, and all transfer fees are covered by Excent Capital. However, clients should be aware of any potential fees from their payment providers.

Withdrawal methods are similar to deposit options, and clients can withdraw funds via bank transfer to their preferred accounts.

7. Customer Support and Educational Resources

Excent Capital offers comprehensive customer support through multiple channels, including:

• Phone Support
• Email Support
• Live Chat
• Social Media Platforms

The support team is available during business hours and covers multiple time zones to assist clients effectively. The broker supports several languages, ensuring that clients from different regions can communicate easily.

In addition to customer support, Excent Capital provides a range of educational resources, including webinars, tutorials, and e-books. Market analysis services are also available, offering daily insights, news, and research reports to help traders make informed decisions.

The broker equips clients with various trading tools, such as calculators, economic calendars, and signal services, to enhance their trading strategies.

8. Regional Coverage and Restrictions

Excent Capital primarily serves clients in Seychelles and other international markets. The broker has regional offices to facilitate local support and services.

However, Excent Capital does not accept clients from certain countries where regulatory restrictions apply. Specific nations with restrictions include those under international sanctions or where local regulations prohibit forex trading.

The broker strives to maintain compliance with all applicable laws and regulations, ensuring a secure trading environment for its clients.

In conclusion, Excent Capital broker stands out as a reliable choice for traders looking to engage in forex and CFD trading. With its strong regulatory framework, diverse product offerings, and commitment to customer service, Excent Capital continues to evolve and adapt to the needs of its clients in the dynamic financial markets.