eXcentral Review 2022: Scam or Legit Broker? Find out below!
eXcentral is a robot broker founded in 2011 and operating in over 60 countries across the globe. The broker is popular for auto-trading having partnered with the Bitcoin Up trading robot since 2015.
Bitcoin Up is a popular trading app that automatically trades crypto CFDs on behalf of users. The robot connects to eXcentral in the background and relies on the broker to execute orders and facilitate transactions with clients.
Those looking to participate in auto-trading with eXcentral must register on Bitcoin Up Website. Bitcoin Up trading platform trades automatically and hence no trading skill is needed to trade with it successfully.
This review will address the key features of eXcentral and offer trading tips to help you trade with it through the Bitcoin Up robot. Please note that margin trading involves a degree of risk and therefore invest wisely.
What is eXcentral, and how does it work?
The broker offers forex and CFDs trading in over 300 global instruments, including stock, commodities, and crypto. Moreover, the broker offers both automated and manual trading. Manual trading happens through the MT4 and is best suited for spot forex trading.
We suggest that you try the auto-trading option since it has proven to be the most profitable. Moreover, it is easy to use, and hence anyone can start making profits right from the beginning. However, you need to observe trading instructions to get the best out of the eXcentral platform.
Auto-trading also doesn’t take a lot of time, and hence you can continue with your daily business as the robot works for you. As mentioned earlier, eXcentral has entered into a partnership with Bitcoin Up to offer auto-trading services on its behalf.
Consequently, you need to sign up on Bitcoin Up website to get started with auto-trading. On registration, you will be redirected to the eXcentral page to verify identity and deposit the minimum trading balance. You need USD 250+ to trade with eXcentral through Bitcoin Up.
The role of eXcentral when trading with Bitcoin Up is to facilitate transactions with clients and execute the orders relayed by the robot. Moreover, the broker offers a trading margin of up to 1000:1 to enable users to make big bets with little capital. Trading margin refers to a form of debt offered by the broker relative to invested capital. A margin of 1000:1 means that you can bet on a position worth $1000 from every $1 of invested capital.
All trading carries risk.
How to trade with eXcentral
As mentioned earlier, eXcentral provides both manual and automated trading. Manual trading happens through the MT4 trading platform and mostly involves spot forex trading. eXcentral offers 42+ spot forex pairs including all the majors and minors and popular exotics.
You need some trading experience to profit from manual trading. Moreover, you have to monitor trading now and then. We strongly advise against using eXcentral for manual trading. As mentioned earlier, the automated option through Bitcoin Up has been tested and proven to be more profitable than expert manual trading.
Moreover, you do not need trading knowledge or expertise to trade with Bitcoin Up successfully. You also do not need a lot of time to set up a trading account and monitor trading. As little as 20 minutes daily are enough to adjust trading settings and run the robot.
Bitcoin Up seems to work best when left to trade uninterrupted for not less than 8 hours daily. Read a comprehensive Bitcoin Up review here. Follow the steps below to trade with eXcentral through Bitcoin Up.
STEP ONE: Register on Bitcoin Up website
Registration on the Bitcoin Up website is quite straightforward. Fill the signup form and proceed to identity verification and deposit. Bitcoin Up will redirect you to the eXcentral page to verify ID and deposit.
Identity verification is a mandatory measure for all well-regulated brokers. eXcentral is monitored in South Africa through the Financial Service Board (FSB) and the Cyprus Securities and Exchange Commission (CYSEC).
These are tier-one regulators respected across the globe. eXcentral and its partner broker, Bitcoin Up, are also compliant with GDPR and hence handle clients’ data with strict confidentiality.
STEP TWO: Deposit at least $250 as trading capital
Deposit a minimum of $250 in trading capital through eXcentral. As mentioned previously, all deposits happen through the broker.
This is because it is the role of the broker to place the orders relayed by the robot. Moreover, the broker is regulated and hence legally allowed to accept deposits from the public. With eXcentral, you can deposit through Wire Transfer, debit/credit cards, and some e-wallets.
eXcentral facilitates deposits instantly and does not charge any deposit fees. Withdrawals are also facilitated within a short time and are also free.
STEP THREE: Trading Instructions and demo trading
Bitcoin Up comes with a detailed trading manual and video tutorials to help users prepare before going live. The instructions are in layman’s terms and hence comprehensible to even those with zero trading experience.
You need to understand the trading guide clearly before going live. eXcentral provides a dedicated account manager to help users understand the Bitcoin Up auto-trader. You can practice what you learn on the guide in the Bitcoin Up highly intuitive demo account.
STEP FOUR: Live trading
Live trading with eXcentral through Bitcoin Up should be a walk in the park if you have taken the time to read and understand instructions.
It involves adjusting the risk control features such as Stop-loss and Take Profit and clicking the live button. Bitcoin Up automatically identifies the best forex signals and relays them to eXcentral for execution.
The robot applies strategies such as scalping to profit from small price movements. Moreover, it places a bet on both the rising and falling prices. Consequently, users can still earn profits when the prices are falling.
All trading carries risk.
Is eXcentral legit or scam?
We have carried out thorough tests on eXcentral and are convinced that it is a legitimate trading platform.
Firstly, it is well-regulated in most jurisdictions by top tier regulators. These include the Financial Service Board (FSB) of South Africa, the UK Financial Conduct Authority (FCA), and the Cyprus Securities and Exchange Commission (CYSEC).
eXcentral does not operate in the US, Japan, Canada, and a few other countries that restrict CFDs trading. We have combed the internet for eXcentral reviews and confirmed that most users are happy with this broker.
The majority of reviews report using eXcentral through the Bitcoin Up robot. Bitcoin Up has great reviews all over the web and is widely reviewed by leading crypto sites. It’s also rumoured to have appeared on mainstream TV including the Good Morning Show and the Shark Tank. We haven’t managed to verify the authenticity of these claims.
Benefits of trading with eXcentral through Bitcoin Up
There are many advantages of trading with eXcentral through the Bitcoin Up trading robot. Read on to learn more.
- Ease of use – No skill is needed to make money with eXcentral through Bitcoin Up. However, you need to be an experienced trader to use this broker manually. We strongly advise against trading manually. Register on Bitcoin Up website to participate in eXcentral auto trading.
- High Profitability – The American Trading Association has awarded Bitcoin Up the Best Performing Robot 2022 award. This robot can reportedly multiply the invested capital six times in the first 24 hours of trading.
- Deposit safety – eXcentral is a reputable broker regulated in most countries across the globe. Regulated brokers adhere to strict measures such as deposit segregation to ensure that clients’ money is only used for the intended purpose.
- Simple withdrawal process – Unlike most auto-trading robots, eXcentral has a clear and easy to follow the withdrawal process. You only need to send a request through the Bitcoin Up funds management page, and the broker will facilitate the transaction in about an hour.
eXcentral Review – The Verdict!
We have investigated eXcentral and confirmed that it is a legit broker. This broker works well through a popular auto-trading robot known as Bitcoin Up.
The robot makes trading easy for all, including those that are completely green to trading. Moreover, it is highly profitable with the potential of generating daily profits of up to 600%.
You can start the trading journey with eXcentral by signing up with Bitcoin Up through the link below.
All trading carries risk.
Is eXcentral legit or scam?
This broker is well-regulated and therefore, legit. Moreover, most of its users report a great experience trading with it through the Bitcoin Up robot.
How much should I invest with eXcentral?
You need not less than 250 USD to trade with eXcentral through Bitcoin Up. Traders who deposit more money can expect high profitability.
How do I withdraw from eXcentral?
Click the withdraw button on Bitcoin Up trading dashboard to be redirected to eXcentral withdrawal page. eXcentral facilitates all withdrawals for free and a few hours.