What is FXcentrum?
Broker overviewFXcentrum is an STP / ECN forex broker founded in 2019 and based in Seychelles. It offers forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures on MT5, MetaTrader 5,.
FXcentrum is regulated by The Seychelles Financial Services Authority of Seychelles (FSA). Its listed office is Office 5B, HIS building, Providence Mah�, Seychelles.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the FXcentrum bonus offers, and who the broker suits best.
- ✓Regulated since 2019 by The Seychelles Financial Services Authority of Seychelles (FSA), with segregated client funds.
- $Cost to start: $100 minimum deposit and spreads from 0.01 pips.
- ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
- %Bonus: 100% Welcome Bonus and a no deposit bonus.
Our short verdict
FXcentrum stands out for its The Seychelles Financial Services Authority of Seychelles (FSA) licence, an affordable $100 minimum deposit and tight spreads from 0.01 pips. The main thing to watch: very high 1:500 leverage greatly increases the risk of loss.
More about FXcentrum
Some news
Is FXcentrum safe and regulated?
FXcentrum is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| The Seychelles Financial Services Authority of Seychelles (FSA) | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which FXcentrum company will hold your account, because protection levels can differ between regions.
FXcentrum account types and trading conditions
These are the main trading conditions listed for FXcentrum. It offers Islamic, mini, VIP, managed accounts.
| Feature | FXcentrum |
|---|---|
| Minimum deposit | $100 |
| Minimum spreads | 0.01 pips |
| Max leverage | 1:500 |
| Execution | STP / ECN |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
FXcentrum trading platforms
FXcentrum supports MT5, MetaTrader 5,. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English.
FXcentrum deposit and withdrawal methods
FXcentrum accepts these deposit methods:
- Credit/Debit Card
- Bank Wire Transfer
- Etc.
Withdrawals use the same methods as deposits.
Accounts can be held in USD. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
FXcentrum bonus and promotions
These are the promotions listed for FXcentrum:
Promotion offered by FXcentrum. Check the broker's terms for trading volume and withdrawal conditions.
FXcentrum's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
FXcentrum no deposit bonus: FXcentrum lists a no deposit bonus: 100% Forex Deposit Bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
FXcentrum pros and cons
Pros
- Regulated by The Seychelles Financial Services Authority of Seychelles (FSA) (since 2019)
- Affordable $100 minimum deposit
- Spreads from 0.01 pips
- MT5 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- Very high 1:500 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
- CFD trading carries a high risk of losing money
How to open an FXcentrum account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $100 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT5. Practise first on a free demo account.
FXcentrum customer support and contact
These are the contact details we have on file for FXcentrum:
FXcentrum review FAQ
Is FXcentrum a regulated broker?
What is the FXcentrum minimum deposit?
Does FXcentrum offer a no deposit bonus?
What is the maximum leverage at FXcentrum?
Which platforms does FXcentrum support?
Is FXcentrum good for beginners?
Final verdict: should you trade with FXcentrum?
FXcentrum scores 4.1 out of 5 in our review. Its strongest points are its The Seychelles Financial Services Authority of Seychelles (FSA) licence, an affordable $100 minimum deposit and tight spreads from 0.01 pips. Keep in mind: very high 1:500 leverage greatly increases the risk of loss; trading terms can differ by region and group entity.
If you want to start without your own money, FXcentrum's no deposit bonus is worth a look. Compare it with other options on our best forex brokers page before deciding.