eXcentral – what we know and have as facts about it; eXcentral is a brand name of Mount Nico Corp Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 226/14. In addition, it is a brand name of OM BRIDGE (PTY) LTD, which is authorized and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 48296. These licenses allow it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Client Agreement document that the company does not execute the client orders as a principal to principal against the client, and the company is not itself the Execution Venue for the client orders. That means eXcentral acts as a pure STP (Straight Through Processing) broker, not as a market maker. It transmits each order to the liquidity providers and benefits only from the spread markups and commissions.
We also found that there are some posts in forums about withdrawal issues, aggressive fraudulent phone calls, high monthly fees, and posting fake positive reviews.
So far, we have not received any complaints from customers of eXcentral. If you have any criticism to share with us or feel annoyed by eXcentral, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and eXcentral if you wish.