All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.51
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

eXcentral Minimum Deposit

Excentral Minimum Deposit
 

eXcentral deposit amount required in order to open a broker account is $250 / (R4013,83 USD/ZAR at the time of writing). eXcentral has a very affordable minimum deposit when compared to most other brokers in the industry.

 

eXcentral at a Glance

 

🔎 Broker's NameeXcentral
📍 HeadquarteredCyprus
📅 Year Founded2019
⚖️ Regulating AuthoritiesCySEC, FSCA
🌐 Countries not accepted for tradeUnited States, Canada, Japan, Australia, Israel
☪️ Islamic account (swap-free)No
👍 Demo AccountNo
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:30 retail/1:400 professional
💰 Minimum Deposit$250 / R4013,83 USD/ZAR at the time of writing).
💳 Deposit OptionsDebit/Credit Card

Bank wire transfer

Skrill

Neteller
💳 Withdrawal Options Debit/Credit Card

Bank wire transfer

Skrill

Netelle
💻 Platform TypesMetaTrader 4, EXcentral web platform
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
📈 Tradable assets offeredForex
Indices

Shares
👨‍💼 Languages supported on WebsiteEnglish, Italian, German, Dutch, Spanish, Czech
👥 Customer Support LanguagesEnglish, Italian, German, Dutch, Spanish, Czech
📆 Customer Service Hours24/5
🚀 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 Minimum Deposit below.

 

eXcentral Account types – 9 key points quick overview:

  1. ✔️eXcentral at a Glance
  2. ✔️eXcentral Account types – 9 key points quick overview:
  3. ✔️eXcentral Minimum Deposit
  4. eXcentral Deposit fees and deposit methods
  5. eXcentral Step by step guide to depositing the minimum amount
  6. eXcentral Customer Reviews
  7. eXcentral Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

📍 Here is our overview of the eXcentral Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

eXcentral Minimum Deposit

 

eXcentral Minimum Deposit

 

The minimum deposit amount required to open a broker account with EXcentral is $250 / (R4013,83 USD/ZAR at the time of writing). This is not the lowest minimum deposit requirement in the industry, with most brokers requiring between $10 and $100.

 

However, it should be accessible to most new traders in the industry today.

 

eXcentral Deposit fees and deposit methods

 

eXcentral Deposit fees and deposit methods

 

📍 EXcentral provides a limited, though popular selection of deposit methods. These consist of:

💳 Bank wire transfer

💳 Debit and credit card

💳 Neteller

💳 Skrill

 

In terms of deposit security, Mount Nico Corp Ltd, the parent company of EXcentral, is a Cyprus Investment Firm (CIF) and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 226/14.

 

As a regulated broker, EXcentral remains compliant with EU regulation, which brings the broker under the auspices of the Markets in Financial Instruments Directive (MiFID).

 

As per licensing requirements regarding deposit security, EXcentral segregates client money with top-tier financial institutions and is also a member of the Investor Compensation Fund.

 

The global entity of EXcentral (OM Bridge Pty Ltd) is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa.

 

With regards to deposit currencies, you can make a deposit in one of the following currencies: EUR, USD, GBP, CHF, JPY, RUB, and ZAR (Rand). Traders depositing in currencies not listed here will incur conversion fees.

 

While EXcentral does not charge deposit fees, withdrawal fees are charged at 3.5% for cards and Neteller, 30 in the chosen currency for wire transfer, and 2% for Skrill.

 

eXcentral Step by step guide to depositing the minimum amount

 

📍Depositing into your account with EXcentral consists of the following steps:

 

🔴Step 1 – Log in

If you wish to deposit funds in your trading account, simply Log  in

 

eXcentral Step by step guide to depositing the minimum amount step 1

 

🔴Step 2 –Make the deposit

make sure you have completed the registration and verification process

 

eXcentral Step by step guide to depositing the minimum amount step 2

 

🔴Step 3 – Review your transaction

Click on the button ‘Deposit’

choose the best deposit option for you

 

eXcentral Step by step guide to depositing the minimum amount step 3

 

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…

eXcentral Minimum Deposit

I love it

I think excentral is great and have 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.

eXcentral Minimum Deposit

The first time trading with this…

The first time trading with this company was a letdown as I traded without guidance but getting the support from my account manager, Maksim, it 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 Minimum Deposit

eXcentral Customer Care

 

eXcentral Pros and Cons

 

✔️ Pros❌ Cons
Acceptable minimum depositWithdrawal fees are charged
Broad selection of deposit currencies
No deposit fees

 

Conclusion

 

eXcentral deposit amount required in order to open a broker account is $250 / (R4013,83 USD/ZAR at the time of writing). eXcentral has a very affordable minimum deposit when compared to most other brokers in the industry.

 

You might also like: EXcentral Review

You might also like: EXcentral Account Types Overview

You might also like: EXcentral Demo Account – Step by Step

You might also like: EXcentral Fees and Spreads

You might also like: EXcentral Sign-up Bonus

 

Frequently Asked Questions

 

How does the minimum deposit for EXcentral compare to other brokers?

The EXcentral minimum deposit amount of $250 is not the lowest minimum deposit requirement in the industry, with most brokers requiring between $10 and $100. However, it should be accessible to most new traders in the industry today.

 

How do I make a deposit and withdrawal with eXcentral?

eXcentral provides a limited, though the popular selection of deposit methods. These consist of Bank wire transfers, Debit and credit cards, Neteller, and Skrill

 

Does eXcentral charge withdrawal fees?

Yes, withdrawal fees are charged at 3.5% for cards and Neteller, 30 in the chosen currency for wire transfer, and 2% for Skrill.

 

How long does it take to make a withdrawal?

Bank transfers generally take 3 – 5 working days once processed, whilst cards take 5 – 7 working days.

 

Are my deposits safe with eXcentral?

eXcentral remains compliant with EU regulation, which brings the broker under the auspices of the Markets in Financial Instruments Directive (MiFID).

As per licensing requirements regarding deposit security, eXcentral segregates client money with top-tier financial institutions and is also a member of the Investor Compensation Fund.

The global entity of eXcentral (OM Bridge Pty Ltd) is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa.

 

4.3/5 - (17 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 27, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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