Is eXcentral safe and legit? Full review
eXcentral is a Cyprus-based broker established in 2014. It is regulated by CYSEC, with an additional FSCA registration listed as unverified. The broker offers four account types and MT4 trading with a Full License MT4/5 qualification. Customer service supports 10 languages, and its influence rating is D. The broker highlights CYSEC regulation, a full license MT4/5 trading platform, and multiple account types, but notes regulatory uncertainty, multiple disclosures, and a high number of user complaints.
Regulatory Compliance and Security
eXcentral is regulated by the Cyprus Securities and Exchange Commission (CYSEC), and it also has a Financial Sector Conduct Authority (FSCA) registration listed as unverified. The safety level is 3.
Account Type
Trading software
eXcentral uses the MT4 trading platform and holds a Full License MT4/5 qualification. The software experience is rated Perfect. It is highly customizable, available in multiple languages, and has clear expense reports and a good search function, but lacks two-step login and biometric authentication.
MT4/5 Server Distribution:
- NICOFX-Demo (MetaTrader4) — Ireland
- NICOFX-MAIN Live (MetaTrader4) — Ireland
- eXcentral-Demo (MetaTrader4) — United Kingdom
- eXcentral-MAIN Live (MetaTrader4) — United Kingdom
- NICOFX-Demo (MetaTrader4) — United Kingdom
- NICOFX-MAIN Live (MetaTrader4) — United Kingdom
- eXcentral-Demo (MetaTrader4) — Ireland
- eXcentral-MAIN Live (MetaTrader4) — Ireland
- eXcentralInt-MAIN Live (MetaTrader4) — United Kingdom
- eXcentralInt-Demo (MetaTrader4) — United States
Mobile Support: iOS, Android, Windows, macOS, Web, and other applications are not supported.
Customer Service
Customer service supports 10 languages, including German, English, and Chinese (Simplified). Contact methods include phone, email, X, Facebook, Instagram, YouTube, LinkedIn, and IM App.
Note: Response times may be lengthy.
Influence
eXcentral has an influence rating of D. Its influence is mainly distributed in the Czech Republic, Italy, Poland, and Ukraine, with an average influence index of 4.39.