FXCentrum Overview

Multi-asset broker FXCentrum, sometimes referred to as FXC, is situated in the Seychelles. Traders get access to more than 3,000 instruments, including indices, stocks, and currencies. The brokerage firm provides a tailored platform in addition to access to the well-known MetaTrader 5 and ZuluTrade terminals.

Learn more about FXCentrum

The parent firm of FXCentrum, WTG Ltd., has owned the business since its founding in 2019. The broker has a license to conduct business outside of the Seychelles, where the Financial Services Authority is in charge of overseeing it (FSA).


FXCentrum provides access to the well-known MetaTrader 5 (MT5) and ZuluTrade terminals in addition to its proprietary FXC Trader platform. All platforms can be accessed online or downloaded to desktop computers running Windows or Mac. There are download links for each platform on the broker’s website.

FXCentrum Reviews
FXCentrum Reviews

FXC Trader

For novice traders, FXCentrum’s own terminal offers access to the entire spectrum of international trading markets. The platform provides straightforward management, market tracking, and operational reports with up-to-the-minute information and analysis. Additionally, the answer includes thorough explanations and graphics.

MetaTrader 5

Access to the well-known MetaTrader 5 (MT5) platform is made available through FXCentrum. Several sophisticated investing tools and analytical features are offered by MT5, which is targeted at experienced traders. Professional technical and fundamental analysis, in-the-moment signals and copy trading, and an integrated news feed are all advantages for users. Options for algorithmic trading and backtesting are also offered.


For individuals seeking a freer method of investing, the platform is perfect. More than 100,000 registered investors can teach you trading principles, enabling you to trade despite having no market experience.

Markets and assets

FXCentrum offers over 3,000 global instruments:

  • Forex: Trade over 50 major and minor currency pairs, including GBP/EUR and USD/GBP.
  • Stocks and ETFs: Speculate on some of the world’s biggest brands, such as Apple, Microsoft, and Google.
  • Trade over 10 of the world’s largest equity indices, including the NAS100, DAX40, FTSE100, and US30.
  • Commodities: Invest in gold, silver, cotton, cocoa, and Brent oil, among other soft and hard commodities.

Transactions are completed using STP and ECN solutions, resulting in a dependable and cost-effective investment environment. Retail clients have access to large pools of liquidity without delays in dealing desk operations.

Spreads and commissions

FXCentrum provides commission-free trading across all account profiles. Instead, fixed or floating spreads are charged, which vary by account type but begin at 0.2 pips. Below is a comparison of costs across popular assets:

  • EUR/USD has a standard spread of 0.3 pips from zero, GBP/USD has a spread of 0.5 pips, and the S&P and Gold have spreads of 0.7 pips.
  • maintaining a zero-start EUR/USD special spread of 0.2 pips, GBP/USD special spread of 0.4 pips, and S&P and Gold special spreads of 0.65 pips

Inactive accounts are also charged a monthly fee of $10. Overnight trades are subject to a $0.14 swap fee.


Due to the few regulatory restrictions facing an international business like FXCentrum, it can provide substantial margin trading opportunities. When opening a new account, investors have the option of selecting a leverage ratio. All accounts are permitted a maximum margin of 1%. This means that traders will have $10,000 in purchasing power with just a $10 deposit.

Mobile app

A mobile app for the FXC platform is available. The mobile app, which is available on both Apple and Android smartphones, includes all the features of a desktop terminal in a stylish user experience intended for use on smaller screens. Customers can transact with one click.

Additionally, the MT5 terminal supports mobile devices. Multiple analytical tools, robust capability for trading currencies, interactive charts, historical price information, and more are available to traders. Real-time quotes, financial news, editable charts, and technical analysis are all included in the MT5 app.

Payment Methods


Depending on the kind of account, an initial deposit of at least $10 is required. The starting funding requirement for other accounts is $1,000. The broker accepts a variety of account denominations for deposits in USD and EUR.

There are no costs, although third-party fees can be involved. Although FXC offers quick monitoring and immediate fund availability after confirmation, payment processing timeframes do vary.

Payment methods include:

  • Credit/debit card-Mastercard or Visa
  • Local transfers or Swift payments are examples of bank transfers.
  • Online transfers: Perfect Money, Nlinenara, Astropay, and Ozow

Deposits can be made through the client area. Simply select your chosen funding method in your profile interface.

Demo account

Customers of FXCentrum, whether new or returning, can use the demo account. Paper trading accounts are an excellent way to practice techniques risk-free and become familiar with the platform’s features and tools. In a virtual setting, users have access to up to $100,000 in virtual currency.

Regulation and licensing

WTG Ltd. has registered FXCentrum as a legal entity. Under license number SD055, the broker is authorized and governed by the Seychelles Financial Services Authority (SFSA). The watchdog is not a top-tier regulator, despite the fact that it is wonderful to see some protection for retail traders in the event of broker bad faith or insolvency and negative balance protection.

FXCentrum Reviews
FXCentrum Reviews

Customer Service

Limited customer support alternatives are available from FXCentrum. Keep in mind that the website indicates a response time of up to 24 hours if you have an urgent issue. Nevertheless, there is a respectable FAQ section with a number of useful self-help subjects, such as information on investor relations, how to prove your identity online, and the minimum deposit requirements.

Countries with which FXCentrum works and does not work

FXCentrum accepts traders from Australia, Thailand, Canada, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries .

Traders cannot use FXCentrum from the United States, Afghanistan, Cuba, Israel, Sudan, Korea, Iran, Laos, Syria, Vanuatu, Yemen, Ethiopia, Iraq, Bosnia and Herzegovina.


The benefits and drawbacks of trading with an online broker are highlighted in this FXCentrum review. The minimal minimum deposit requirements, the variety of account options, the selection of terminals, and the demo account option all met our expectations. However, the official website is unimpressive, some services are constrained, and regulatory supervision is scant, raising questions about legitimacy and transparency. FXCentrum cannot compete with the alternatives due to the monthly withdrawal charge as well as the exclusion of crypto trading and MetaTrader 4.