EXCENTRAL INTERNATIONAL REVIEW

Risk warning: CFDs are complex financial products. They have a speculative character. Trading in them comes with a significant risk of loss of capital. Leverage in CFDs can work to both your advantage and disadvantage. Consider the objectives, experience, and risk tolerance before trading.

Started in 2019, Excentral International has grown to become one of the most reputable exchanges. The platform is owned and operated by OM BRIDGE (PTY) LTD. It is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. It has both local and international services for the various traders.

Excentral International provides different accounts for users. Each account packs unique features. It also has an in-house online Excentral trading platform. The platform is simple and easy to use. It complements the industry popular MT4 trading platform.

Trading in the platform is a wholesome experience. It provides the necessary support through account managers. It also offers a myriad of training and learning tools. The wide range of trading tools makes it ideal for any trader. It has currency pairs, crypto pairs, and CFDs among the assets. It supports most of the major currencies; GBP, USD, and EUR.

The headquarters of Excentral is in Cyprus. Excentral international's main office is in South Africa.

Overall Summary

Rank –

Excentral International is a Broker You Can Trust

Excentral Int is a safe platform to trade. It is operated by a reputable investor firm, OM Bridge PTY. The firm is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. It owns the license number FSCA/48296. Even though FSCA is a new regulator, it has the needed control capacity. It had earlier operated as part of the Financial Services Board.

Opening a trading account with Excentral International is straightforward. It provides a demo account for a beginner trader. The account allows one to familiarize with the platform before spending money. It reduces the risk of loss. Accessing a live account requires a $250 minimum deposit.

The broker also provides for an elaborate verification process. The user must pass the ID-verification before any deposit.

The process involves submitting a government-issued identification document. It also requires a utility bill for address verification.

A user can only withdraw when verified. The process takes less than 12 hours to complete. Also, providing inaccurate information attracts penalties.

Funding solutions

Excentral International provides several funding methods. One can only deposit with the same name on the trading account and payment source.

It supports wire transfer, debit cards, Neteller, and Skrill. It allows a minimum deposit of $250, or equivalent in the other currencies.

The broker does not enforce any deposit limits. Except, the service providers for the debit cards have maximum daily deposits.

Account Types of Excentral International

Excentral International offers different account to traders. The main accounts are Classic, Silver, Gold, and VIP. The accounts are again divided into retail and professional.

The classic account allows spreads starting from 2.5pips on EUR USD. The silver account provides for webinars and spreads from 2.5 pips. The gold's spreads start from 1.8pips on EURUSD.

It also provides VIP webinars and account managers. The VIP account allows spreads as low as 0.9 pips. The VIP account holders have access to a senior account manager.

Professional accounts are for experienced traders. It requires an extensive portfolio and trading capital. Retail is for anyone joining the forex trading world.

The professional accounts require a trader to have a $500k minimum balance. They should also have a history of large deposits. A history of a professional position in trading also counts.

Running a professional account comes with higher risks. It has no negative balance protection or the Financial Ombudsman Service. A professional trader has everything in control.

Excentral International provides demo accounts upon registration. The demo account is preloaded with $100,000 in virtual funding.  

Fees & commissions of Excentral International

Excentral Int charges a fee of 3.5% on debit and credit card withdrawals. The Neteller withdrawals also attract 3.5% fees while Skrill has 2.5% fees.

Withdrawals through bank transfer cost 30 USD, EUR, or GBP. Prolonged inactivity on the account can see the account reach 80 USD, EUR, or GBP charges. Failure to provide accurate verification documents also attracts charges.

Excentral International charges an inactivity fee of $80 for the first 2 or 3 months. The charges rise to $120 after six months of inactivity. After six months, the inactivity fees get to $200.

The broker charges $10 maintenance fees on all accounts. The account also has swap fees charged x3 every Wednesday. The swap fees depend on the commodity.

Platforms and tools of Excentral International

The broker provides two leading trading platforms. It has the proprietary Excentral trader and MT4 trader.

The Excentral International trader is specially designed for the best trading experience. The platform supports trading in any browser without downloading.

It provides a multi-view option and access to all the assets. It also has a stop loss and takes a profit feature. 

The platform has real-time quotes on all assets. It provides transaction history and market executions. The full charting and technical analysis make it ideal for trading.

Excentral International supports the industry popular MT4 Trading platform. The MT4 allows for customization to the trader's liking. It also comes with 30 built-in technological indicators. The platform is user-friendly and provides various execution modes and order types.

Excentral International Extensive Market Research

Excentral provides extensive market research in partnership with MTE media. It comes with several trading tools. These include;

• Market summary – provides trading signals on selected assets. It involves currency pairs, commodities, indices, and stocks. It has daily, weekly, and monthly trading signals. It is also easily accessible on the trading panel.
• Live market summary – has live trading signals on selected assets.
• Market news – has information on all the trading instruments.
• Daily chart analysis – daily analysis by in-house experts in video format. Provides insights and trading ideas on various instruments.
• Economic calendar – it has all the financial activities impactful to the market. It also analyzes the possible extent of every action.

Excentral International Mobile app

Accessing the broker is as convenient on mobile as it is on desktop. It provides access through the MT4 and cTrader mobile apps.

These apps are compatible with both iOS and Android Operating Systems. They are available in the Apple store and Google Play Store.

The apps provide the same features like web and desktop access. They have a live news feed and educational materials. The traders can also access the demo account by linking the broker with the MT4 mobile app.

Excentral International Customer Service

Excentral int provides detailed information to even customer service. It provides a dedicated account manager upon registration.

The manager helps out in most cases. Still, a trader can reach out for customer support.

Traders can request a call-back by filling a form on the website. They can also reach the team through telephone, email, and online chat.

The broker is active on all major social media sites. Still, it has an extensive FAQ page for common queries.

Education materials Provided by Excentral International

The broker has a special education section. The section consists of trading webinars, trading video, and eBook pages.

The courses offer everything one needs to trade. They cover forex knowledge, trading tools, and technical analysis techniques.

The eBook section has four short books. They cover the guide to trading and the various trading levels. The other areas include trading analysis and CFDs market secrets.

The trading videos provide exciting and convenient learning spaces. All videos have information depending on the trading level. Some of the video content is a social trading and trading tools. They also contain CFDs and stocks, forex VOD and MT tutorials. 

The weekly webinars are from the industry's top professionals.

Excentral International Global Office

Excentral Int has a global appeal. It is available in the European Economic Area, Switzerland, and South Africa.

The broker has its main headquarters in Cyprus. This is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Excentral International provides customer service in several languages. The website detects user location to align the language. The chat and phone also match the local language.

Excentral International Closing Words

Excentral Int is one of the best forex brokers to use. It comes with the necessary regulations and trading tools. Moreover, it has reliable customer service and extensive trading assets. It has a unique education resource making it ideal for beginners and professionals. 

Education involves eBooks, webinars, and video tutorials. The demo account also gives it creditability. The broker provides an easy to use interface. It has a dedicated trading platform with several trading tools

The broker compares favorably with other top brokers. It provides for a low minimum deposit. It also provides a request call back customer support feature. This is not available on most of the other platforms.

Any trader, whether beginner or professional, has it right when using Excentral International.