eXcentral does not have a Demo Account. Although new traders cannot benefit from practicing with a demo, the broker offers direct access to the web trading platform from its website. Here traders can browse the dashboard and its different features.
eXcentral at a Glance
| 🔎 Broker's Name | eXcentral |
| 📍 Headquartered | Cyprus |
| 📅 Year Founded | 2019 |
| ⚖️ Regulating Authorities | CySEC, FSCA |
| 🌐 Countries not accepted for trade | United States, Canada, Japan, Australia, Israel |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | No |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30 retail/1:400 professional |
| 💰 Minimum Deposit | $250 / R4013,83 USD/ZAR at the time of writing). |
| 💳 Deposit Options | Debit/Credit Card Bank wire transfer Skrill Neteller |
| 💳 Withdrawal Options | Debit/Credit Card Bank wire transfer Skrill Netelle |
| 💻 Platform Types | MetaTrader 4, EXcentral web platform |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex Indices Shares |
| 👨💼 Languages supported on Website | English, Italian, German, Dutch, Spanish, Czech |
| 👥 Customer Support Languages | English, Italian, German, Dutch, Spanish, Czech |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 250
Regulators
CySEC, FSCA
Trading Platform
MT4, Excentral Web Platform
Crypto
Yes
Total Pairs
11
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our eXcentral Demo Account below.
eXcentral Demo account – 7 key points quick overview:
eXcentral at a Glance- eXcentral Demo account – 7 key points quick overview:
- How to set up an eXcentral Demo Account – Step by Step
- eXcentral Demo Account Features
- eXcentral Customer Reviews
- eXcentral Pros and Cons
- Frequently Asked Questions
Here is an overview of the eXcentral Demo Account as well as the features that are offered.
How to set up an eXcentral Demo Account – Step by Step
Unfortunately, EXcentral does not offer a demo account to new traders. This is very unusual, with nearly all brokers today offering some version of a practice account.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
eXcentral Demo Account Features
As already noted, eXcentral does not offer a demo account to new traders. This is disappointing, as a demo account fulfills a significant role with regards to being able to first test the broker’s features before risking real money on a live account.
Traders with eXcentral can open a live account which will grant them access to the MetaTrader 4 platform.
In the absence of a demo account, it is recommended that traders who are new to the MT4 platform software take advantage of the free webinars available from MetaQuotes, as well as on the internet.
Unfortunately, eXcentral also does not offer much in the way of education, of either a technical or fundamental nature. Therefore, beginner traders will have to first educate themselves on the various aspect of trading elsewhere before choosing to sign up with this broker.
Min Deposit
USD 250
Regulators
CySEC, FSCA
Trading Platform
MT4, Excentral Web Platform
Crypto
Yes
Total Pairs
11
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
eXcentral Customer Reviews
Nice time with you have you really…
Nice time with you have really understood and enjoyed your time with me taking me over how to make a successful trade…
Thank you…
I love it
I think excentral is great and has helped me out a lot, this new platform is amazing and, I wanna keep using it and learn more about trading.
Thank you to Maksim’s account manager for getting me back on track.
The first time trading with this…
The first time trading with this company was a letdown as I traded without guidance but getting support from my account manager, Maksim, has been an extremely rewarding experience. The support I have received and the guidance I have gotten has definitely warranted a 5-star rating. I would definitely recommend anyone to join this company, especially with my personal experience. Thank you, Maksim for your support, looking forward to learning more from you.
eXcentral Pros and Cons
| ✔️ Pros | ❌ Cons |
| No demo account available |
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Frequently Asked Questions
Is eXcentral legit or fake?
Our review shows that Excentral is well-regulated by CySEC, complies with EU regulations, and is therefore legit.
Is eXcentral regulated in South Africa?
Yes, EXcentral is regulated by the oversight authority, FSCA of South Africa.
Is eXcentral a good option for beginner traders?
eXcentral appeals to both beginners and experienced traders.
Is the eXcentral demo account the same as a real trading account?
No, eXcentral does not offer a free demo trading account for beginner traders to train on.
For how long is the demo account valid?
EXcentral does not offer a demo account. Traders will have to open a live account with the broker and deposit funds to start practicing their trading.
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