FXcentrum
FXcentrum Broker Overview
Here is every key fact about FXcentrum in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FXcentrum |
|---|---|
| Broker name | FXcentrum |
| Foundation year | 2019 |
| Headquarters | Office 5B, HIS building, Providence Mah�, Seychelles |
| Country | Seychelles |
| Telephone | (+248) 2 630 501 |
| Email / Skype | support@fxcentrum.com |
| Regulated by | The Seychelles Financial Services Authority of Seychelles (FSA) |
| Type of broker | STP/ECN |
| Min. deposit | $100 |
| Max leverage | 1:500 |
| Min. spreads | 0.01 Pips |
| Funding methods | Credit/Debit Card, Bank Wire Transfer, etc. |
| Withdrawal methods | Credit/Debit Card, Bank Wire Transfer, etc. |
| Base currencies | USD |
| Languages | English |
| Trading platforms | MT5, MetaTrader 5 |
| Tradable instruments | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | 100% Forex Deposit Bonus |
| Promotion | $100 forex no deposit bonus |
In simple words: traders get MT5 and MetaTrader 5, spreads from 0.01 Pips, leverage up to 1:500 and a $100 minimum deposit. New clients can also check the current $100 forex no deposit bonus. Tradable markets include Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures.
Is FXcentrum Safe? Regulation and Company Details
FXcentrum is a regulated broker. The Seychelles Financial Services Authority of Seychelles (FSA). The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
The Seychelles Financial Services Authority of Seychelles (FSA)
Head office
Office 5B, HIS building, Providence Mah�, Seychelles (Seychelles)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2019. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
FXcentrum Trading Conditions
Spreads and commissions
FXcentrum spreads start from 0.01 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MT5
Desktop platform
MetaTrader 5
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
FXcentrum Account Types
FXcentrum offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FXcentrum
FXcentrum supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FXcentrum Bonus and Promotions
Bonuses are a big reason traders search for FXcentrum. Availability depends on your country and the account type.
- $100 forex no deposit bonus — the current promotion for FXcentrum clients. Check the volume rules before you claim it.
- 100% Welcome Bonus — welcome offer for new accounts.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FXcentrum website before accepting any offer.
FXcentrum Pros and Cons
Pros
- Regulated: The Seychelles Financial Services Authority of Seychelles (...
- $100 forex no deposit bonus
- Low $100 minimum deposit
- Spreads from 0.01 Pips, STP/ECN execution
- MT5 and MetaTrader 5
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- Bonus comes with trading-volume rules
How to Open an FXcentrum Account
- RegisterFill in your name, email, country and phone number on the FXcentrum sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT5).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About FXcentrum
This FXcentrum review covers regulation, fees, platforms, account types and bonuses, so you can judge whether the broker suits your trading style before you open an account.
FXcentrum Review: Overview
FXcentrum is a forex broker established in 2019 and based in Seychelles. It operates as an STP/ECN broker, which means client orders are passed on to liquidity providers rather than being handled only in-house. The company's head office is at Office 5B, HIS building, Providence Mahé, Seychelles. It is a publicly traded company, and its website is available in English.
The broker offers access to a wide range of markets, including forex currencies, cryptocurrencies, commodities, indices, stocks, bonds and futures. This makes it more than a pure forex provider, although most retail clients will still focus on currency pairs. FXcentrum supports both beginners who want a free demo account to practise and experienced traders who need hedging, scalping or news trading.
You can find the full company details on the official site: FXcentrum.
Regulation and Safety
FXcentrum is regulated by The Seychelles Financial Services Authority of Seychelles (FSA). Regulation matters because it sets rules on how a broker must operate, how it reports to authorities and how client complaints are handled. Before you deposit, check the licence details on the broker's website and confirm that the entity you are signing up with is the one named in its terms.
It is worth knowing that Seychelles licences are generally regarded as less strict than those issued by tier-one regulators such as the UK's Financial Conduct Authority. This does not automatically make a broker unsafe, but it means you should weigh the regulatory protection carefully and not assume it matches what you would get from a top-tier jurisdiction.
FXcentrum states that it offers segregated client funds. Segregation means that your money is kept separate from the company's operating funds, which is an important protection if the broker runs into financial trouble. Ask the broker for the full details of how this works if it is a deciding factor for you.
Account Types
FXcentrum offers several account types to suit different budgets and trading needs:
- Mini accounts for traders who want to start with smaller position sizes and a lower capital commitment.
- VIP accounts for more active clients, usually with account features that differ from the standard range.
- Islamic accounts, which are swap-free accounts designed to comply with Sharia principles.
- Swap-free accounts, which do not charge overnight swap fees on positions held open.
- Managed accounts, where you can let a professional manage trades on your behalf.
- Free demo account, which lets you practise with virtual funds before risking real money.
The base currency for accounts is USD. Check the official site for the exact requirements, features and conditions of each account type, as these can change.
Trading Platforms
FXcentrum offers MetaTrader 5 (MT5) as its trading platform. MT5 is widely used in the industry and supports charting, technical analysis tools, automated trading and order types that many traders already know. Clients can trade on MT5 through a web browser or on mobile devices, so you are not tied to a single computer.
Hedging and scalping are allowed on FXcentrum, and news trading is permitted as well. This is useful for traders who use these strategies, but it is also where discipline matters most. Fast-moving markets around major news releases can produce large price jumps, wider spreads and slippage, so test any strategy on the demo account first.
Spreads, Fees and Leverage
FXcentrum advertises minimum spreads from 0.01 pips. The spread you actually pay depends on the instrument, market conditions and account type, so the advertised minimum is not a fixed cost. Compare live spreads on the platform during the hours you trade, and check whether any commissions or other charges apply to your account.
Maximum leverage is 1:500. High leverage can increase both profits and losses, and it is one of the main reasons retail traders lose money quickly. The leverage available to you may be lower depending on your country and account type, so confirm your own limit before opening a position.
The minimum deposit is 100. Other costs, such as withdrawal fees, inactivity charges or currency conversion costs, are not covered in the information provided here, so read the fee schedule on the official website before you fund your account.
Deposits and Withdrawals
FXcentrum accepts deposits by Credit/Debit Card and Bank Wire Transfer, along with other methods listed on its website. Withdrawals are available through the same types of methods. Processing times, limits and any fees vary, so check the payment page before you make a transfer.
Bank wire transfers often take longer than card payments but can suit larger amounts. Whatever method you use, keep records of your deposits and withdrawals and make sure the account holder name matches your own identity.
Bonuses and Promotions
FXcentrum currently lists several promotions:
- a 100% Welcome Bonus
- a 100% Forex Deposit Bonus, which the broker lists under no-deposit offers
- a $100 forex no deposit bonus
Bonuses can look attractive, but they usually come with conditions such as trading volume requirements, withdrawal restrictions and expiry dates. The name "Forex Deposit Bonus" suggests it may be linked to a deposit, even though it is listed under no-deposit offers, so read the exact terms before you claim anything. Bonus terms can change, so always check the conditions before you deposit.
If you want to compare offers from other brokers, these guides may help:
Customer Support
The information available for this review does not list the specific support channels, opening hours or response times that FXcentrum provides. Most brokers offer support by email, live chat or phone, and some also provide help centres or video guides. Check the contact page on the official website and test the response quality with a simple question before depositing. This is a practical way to judge how the broker handles client queries.
Pros and Cons
Pros
- Regulated by the Seychelles Financial Services Authority (FSA)
- Segregated client funds, as stated by the broker
- STP/ECN model with spreads from 0.01 pips
- MetaTrader 5 on web and mobile
- Free demo account for practice
- Wide range of markets, including forex, crypto, commodities, indices, stocks, bonds and futures
- Several account types, including Islamic, swap-free, mini and VIP accounts
- Low minimum deposit of 100
- Hedging, scalping and news trading allowed
Cons
- Seychelles regulation is generally considered less strict than tier-one regulators
- Leverage up to 1:500 increases the risk of rapid losses
- Commissions, withdrawal fees and other charges are not clearly covered in the information provided
- Support channels and response times are not detailed here
- Bonus terms can be complex, and the "no deposit" label on a deposit bonus needs checking
- The website is available only in English
Verdict
FXcentrum is a Seychelles-regulated STP/ECN broker with a broad product range, MetaTrader 5, a free demo account and several account types, including Islamic and swap-free options. The low minimum deposit and flexible trading rules make it a reasonable option for traders who want to test a platform and a range of markets without a large initial outlay.
However, the Seychelles licence offers less regulatory strength than some top-tier jurisdictions, and key details such as full fee schedules, support options and bonus conditions should be checked directly with the broker. Before you open an account, compare the broker with others, read the terms carefully and start with the demo account.
Risk warning: trading forex and CFDs on leverage carries a high risk of losing money quickly. Only trade with funds you can afford to lose, and make sure you understand how leverage, spreads and bonus conditions affect your results.
Official website: FXcentrum
Frequently Asked Questions
Is FXcentrum regulated?
Yes. FXcentrum is regulated by The Seychelles Financial Services Authority of Seychelles (FSA). Check the licence details on the official website before you deposit.
What is the minimum deposit at FXcentrum?
The minimum deposit at FXcentrum is 100. Check the official website for any other requirements that apply to your chosen account type.
What is the
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FXcentrum?
FXcentrum offers a $100 entry cost, MT5 platforms and a track record since 2019.
FXcentrum suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
