Brokers  /  eXcentral

eXcentral

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2019-11-12 · Mount Nico Corp Limited
CYSEC
Visit site ↗
—/5
★★★★★ ★★★★★
9 reviews ›
1
Licenses ›
7
Withdrawal issues ›
—
Min. deposit ›
1:400
Max leverage ›
4
Account types ›
26/100
Scam risk ›
1
Clone sites ›
Accounts: VIPGoldSilverClassic
▲ 11% positive▼ 89% negative
Independent ratingshow third parties score this broker
WikiFX2.44/10
Trustpilot—/5
Forex Peace Army—/5
26
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • 8 user exposure/complaint reports filed
  • Withdrawal complaints in ~78% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)4710%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMount Nico Corp Limited
Headquarters🇨🇾 Cyprus
Founded2019-11-12
Years operating5-10 years
Employees0
Official websiteexcentral.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)226/14CyprusRegulated

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP1:400--0.9 Pips EUR/USD 1.4 Pips GBP/USD 1.4 Pips USD/JPY--✓
Gold1:400--1.8 Pips EUR/USD 2.3 Pips GBP/USD 2.3 Pips USD/JPY--✓
Silver1:400--2.5 Pips EUR/USD 2.8 Pips GBP/USD 2.8 Pips USD/JPY--✓
Classic1:400--2.5 Pips EUR/USD 2.8 Pips GBP/USD 2.8 Pips USD/JPY--✓

Review analysis AI

Across 9 recent Trustpilot reviews, 89% are 1–2 star. The single most common complaint is being unable to withdraw funds (7 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
Where reviewers are from
Taiwan6
Hong Kong1
Thailand1
Chile1

Real user reviews

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About eXcentral

eXcentral is a forex and CFD broker based in Cyprus, with records dating to 2019-11-12. It reports oversight from CYSEC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 1 clone website(s) copying eXcentral. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full eXcentral review