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eXcentral EU Review

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Brokers Analysis, Marketing Automation

Content & Marketing Operations Associate | Investing.com

BA & Honors in Public Diplomacy & Affairs, The Raphael Recanati International School Reichman University | DPIJI, Daniel Pearl International Journalism Institute | HarvardX

4.0

eXcentral EU is a customer-first broker that offers its services to EU traders. This broker offers three platforms, including MetaTrader 4, an Android and iOS mobile app, and a proprietary web platform. It also has educational tools and Trade Central, which contains indicators and analyses that will be helpful to traders. 

The customer support is top-notch with this broker. It is available Monday through Friday, 8-11PM and weekends from 12-9PM, and account managers will help you sort out issues you have with your account (or just answer basic questions you may have). Though the deposit fee is a bit steep, the customer-first attitude of this broker makes it a strong contender in the industry. 

Pros and Cons

Pros

  • Helpful Customer Support
  • Market Analysts At Your Fingertips
  • Proprietary Software Offered
  • MetaTrader 4 Offered
  • Investor Protection Measures (i.e., Investor Compensation Fund (“ICF”)

Cons

  • No MT5
  • Some Country Restrictions
  • Some High Fees

Recommended For

With this broker, there are indications that eXcentral EU is both for old pros and novices. The lengthy education section on the website contains information that effectively teaches someone the building blocks of how to trade. If a broker didn’t have that, it would indicate that they weren’t newbie-friendly. 

At the same time, eXcentral offers MetaTrader 4 and Trade Central, both of which are professional trading tools. MT4 is a platform that is used around the world by traders of all experience levels, which Trade Central is a collection of indicators and tools that let traders get to know the markets at a higher level. Overall, there aren’t many restrictions when it comes to experience level with this broker. You just have to make sure you can make the $250 deposit to begin trading. 

Top Features

  • Special Training and Guidance. You can connect with eXcentral EU’s fitted market analysts, who are on-demand to help customers Monday through Friday, 8-11PM and weekends, 12-9PM 24/7.These analysts provide a much-needed service to traders, especially those who are new an din need of guidance. 
  • Wide Range of Assets. At eXcentral EU, you can invest and trade with over 160 CFD assets. eXcentral EU also provides outstanding trading conditions. Though CFDs are very risky, it always is a boost to have excellent trading conditions on your side.
  • Professional Trading Tools. eXcentral EU provides free fundamental and technical tools, such as its economic calendar, calculator and daily chart analysts. These free tools will help you improve your trading strategies. 
  • Webinars On Demand. With eXcentral EU, there is a wide library of webinars at your fingertips. These resources cover a lot of different topics, such as strategy, risk management, and how to analyze the markets. 
  • Trading Signals. If you want, eXcentral can send you exclusive trading signals using SMS messaging. These signals, which come from industry experts, will help you stay on top of market trends.

Overview

  • Type of Broker STP
  • Regulation & Licensing Cyprus Securities and Exchange Commission (Cyprus)
  • Clients Accepted from EU Countries, Switzerland
  • Assets Offered Foreign Exchange (FX), Commodities, CFDs, Indices, Shares
  • Platforms Available Web, Mobile, Download
  • Mobile Compatibility Android, iOS
  • Payment Types Accepted Credit/Debit Card, Bank Wire Transfer, Skrill

Compliance & Regulation

eXcentral Eu is a brand owned by Mount Nico Corp Ltd, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 226/14. Mount Nico Corp Ltd’s registration number is HE307717. Its registered  is at Agiou Athanasiou, 66 Toumazis Linopetra Building 4102, Limassol, Cyprus.

Pricing

Trader features can be found all across eXcentral EU, but one section that we’d like to focus on is the Trading Analysis link on the website. This is where many of the educational tools reside, including analyses, summaries, and market information. There is also something called “Trading Central.”

Trading Central helps traders develop their strategies by providing them with information on the markets and other products, such as Analysis Views, TC Alpha Generation Indicators, and an Economic Calendar. They’re discussed briefly in the section below: 

  • Analysis Views. These let you take advantage of market information and know-how. You can also access automated algorithms, which will help you find a trading strategy that works for you. 
  • TC Alpha Generation Indicators. These indicators come with the MT4 charts. These three indicators are tools that professionals use, and both old pros and newbies will appreciate them. 

Economic Calendar. Using real-time macroeconomic data, you can stay connected to the ins and outs of the markets. Economic calendars are common predictive tools used by traders.

Reliability & Security

When you’re thinking about reliability, you should make sure that the broker you choose has a solid platform offering. eXcentral meets this specification. It has three platforms on offer, and you don’t have to limit yourself to only using one. 

One platform is the classic MetaTrader 4. MT4 has become an industry standard over the past fifteen years, and it is still the most popular platform in the world, despite having the MT5 as a successor. The MT4 platforms offers interactive charts with nine time frames, thirty built-in technical indicators, EA compatibility, customization capabilities, three execution modes, and four order types. 

eXcentral EU also offers proprietary software. You can use the eXcentral Trader right in your internet browser, without having to download anything extra. You can trade all underlying assets and use stop-loss and take profit orders. For those looking for a change, this proprietary software might be just what you need. 

Thirdly, for mobile traders, there is an Android and iOS app. eXcentral Mobile Trader has the perks of the online trade system, just with the extra convenience of trading on the go.

User Experience

Xcentral EU prides itself on having excellent customer are. It assigns an account manager to its clients’ accounts, and, according to this broker, these account managers have a “trader-centric” attitude. Not every broker assigns a personal account manager to its clients, so this is a prized feature with eXcentral EU.

eXcentral EU also provides a lot of educational tools to its clients, indicating that it wants them to succeed at trading. In addition to the “Trading Analysis” section on its website, these tools include interactive courses, trading e-books, trading video tutorials, and live webinars. The emphasis placed on education is a solid point in eXcentral’s favor, and it shows that this broker cares a lot about its clients. 

Final Thoughts

Overall, eXcentral EU places a lot of emphasis on its customers. It is a customer-centric broker with helpful customer support, market analysts on deck, and a variety of different account types. The educational tools at this broker are also impressive, and traders looking to learn more about their industry won’t be disappointed.

Contact Info

laptop Email: support@excentral-eu.com
call Telephone: +357 22 032220

FAQs

Q: What happens if my activity trading isn’t working? 
A: According to eXcentral EU, this could be for several reasons. If you find that your account isn’t working, they advise that you contact your account manager to help with the issue. 

Q: How is information protected with eXcentral EU?
A: Private information is protected by cutting-edge technology, which ensures that your information is kept secure. It uses 128-bit SSL encryption to keep your info safe. 

Q: Is there a minimum withdrawal limit? 
A: There is a limit on withdrawals, depending on the payment method that you’re using. The minimum amount you can take out is $10 (or 10 euro or 10 pounds) if you’re using a credit card. If you’re making a wire transfer, the minimum you can take out is $100 (or 100 euro or 100 pounds). If you’re using an e-wallet, there is no withdrawal minimum.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76,81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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