FXCentrum Review 2026

Item: FXCentrum
Rating: 4.03
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 07, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $10
Fees 6 /10
Account types 4 /10
Regulation 4.2 /10

4 /10

High risk

FXCentrum User Reviews 2.0
Commissions and Fees 6.0
Regulation and Safety 4.2
Account Types 4.0
Deposit and Withdrawal 3.5
Markets and Tradable Assets 5.8
Trading Account Opening 10.0
Customer Support 5.0

FXCentrum Pros & Cons

Minimum deposit is only $10;
The broker with leverage up to 1:1000;
Technical support works 24/7.

Copy trading is the only passive income option because a referral program is not yet available;
Free withdrawal of funds is possible only once a month, the second withdrawal will cost $10;
The broker does not provide its services in Cuba, North Korea, Iraq, and some other countries.

TU Expert Verdict

FXCentrum carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FXCentrum User Reviews

Score:

2 /10

4 total

5-star

0%
4-star

0%
3-star

0%
2-star

0%
1-star

100%

47 users picked this broker

I opened a minimum account in the fxcentrum bucket shop, worked out the strategy, and first decided to check withdrawals before depositing a large amount into my trading account. But they cannot withdraw even my $100. I'm passing it by.

And transactions at FXCentrum take a very long time, and order execution is very poor. My last three trades were simply opened very slowly. And when the price had already reached the set take-profit level, they were executed. I incurred a significant loss. I submitted a request to withdraw funds from my FXCentrum account, and it has been two weeks already, but the request is still pending. It seems like this company does not want to process withdrawals.

Do not mess with FXCentrum! First they enlarge your deposit, you begin to trust them, invest more money, and then they drain the entire deposit.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of FXCentrum have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
No inactivity fee
No deposit fee
No withdrawal fee

No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FXCentrum with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FXCentrum’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FXCentrum Standard spreads
	FXCentrum	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	0.4	0.4	0.5
GPB/USD min, pips	0.4	0.2	0.1
GPB/USD max, pips	0.6	0.6	0.5

Does FXCentrum support RAW/ECN accounts?

As we discovered, FXCentrum does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FXCentrum. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FXCentrum Non-Trading Fees
	FXCentrum	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is FXCentrum Safe?

Score:

4.2 /10

FXCentrum has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection
Track record over 9 years

Not tier-1 regulated

FXCentrum Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FSA (Seychelles)	Full Name Financial Services Authority of Seychelles	Country of regulation Seychelles	Investor Protection Fund No specific fund	Regulation Level Tier-3

FXCentrum Security Factors
Foundation date	2017
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4 /10

FXCentrum offers the following account options: Demo, Standard.

However, FXCentrum does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.

Standard account with balanced trading conditions
Low minimum deposit
Demo account

Micro lots are not available
No ECN/Raw spread account

FXCentrum account types vs top competitors
	FXCentrum	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	No	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	No	No	No
Managed	No	No	No

FXCentrum accounts trading conditions

The first thing to decide is the account type. Zero is suitable for novice traders who are aimed at active trading with a limited group of instruments. Also, various options for self-education are available here. The Standard is more versatile due to the extended pool of assets and additional options, and the spread is reduced, but the amount of bonuses is also reduced. Due to the high deposit, VIP FXC is more suitable for experienced market participants. Here the minimum trade volume is increased and spreads are even lower. The second point is the expediency of working with a copy trading platform. This option is not suitable for every trader, but in addition to potential profits, it can become a source of a unique experience. Finally, traders should read educational materials and decide on a priority strategy in order to correctly use the tools of technical and fundamental analyses offered by the broker. In the future, you can always contact support, which works 24/7.

Account types:

Account Type	Description
Zero	Minimum deposit is $10, spreads are 1 pips, 10 trading instruments are available, minimum trade volume is 0.01 lot, and 100% deposit bonus;
Standard	Minimum deposit is $10, spreads are from 0.3 pips, 2,000 trading instruments are available, minimum trade volume is 0.01 lots, and 50% deposit bonus;
VIP FXC	Minimum deposit is $1,000, spreads are from 0.2 pips, over 2,200 trading instruments are available, minimum trade volume is 0.1 lot, and 100% deposit bonus.

Usually, traders open a demo account to get acquainted with a broker and then switch to one of the live accounts. FXCentrum offers to open a demo-real account in order to trade virtual currency and also to earn real funds that can be transferred to the main account after a month, but only as a bonus. Traders select their main account based on their experience and strategic preferences.

Deposit and Withdrawal

Score:

3.5 /10

FXCentrum received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

FXCentrum offers limited payment options and accessibility, which may impact its competitiveness.

Low minimum withdrawal requirement
Minimum deposit below industry average
No deposit fee
Bank card deposits and withdrawals

PayPal not supported
BTC payments not accepted
USDT payments not accepted

What are FXCentrum deposit and withdrawal options?

FXCentrum offers a limited selection of deposit and withdrawal methods, including Bank Card. This limitation may restrict flexibility for users, making FXCentrum less competitive for those seeking diverse payment options.

FXCentrum Deposit and Withdrawal Methods vs Competitors
	FXCentrum	ZForex	Plus500
Bank Wire	No	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are FXCentrum base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FXCentrum supports the following base account currencies: USD.

What are FXCentrum's minimum deposit and withdrawal amounts?

The minimum deposit on FXCentrum is $10, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXCentrum’s support team.

Markets and Tradable Assets

Score:

5.8 /10

FXCentrum offers a limited selection of trading assets compared to the market average. The platform supports 197 assets in total, including 40 Forex pairs.

40 supported currency pairs
Indices trading
Copy trading platform

No ETFs
Bonds not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by FXCentrum with its competitors, making it easier for you to find the perfect fit.

	FXCentrum	ZForex	Plus500
Currency pairs	40	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	197	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products FXCentrum offers for beginner traders and investors who prefer not to engage in active trading.

	FXCentrum	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

10 /10

We successfully registered an account with FXCentrum in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXCentrum is $10.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fast registration time (up to 15 minutes)
Quick KYC verification (1 business day or less)
Fully online account opening process

Account setup process may feel less convenient for beginners

FXCentrum account opening
	FXCentrum	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$10	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	7	8	5
KYC time (days)	1	1	3

Is FXCentrum available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start working with the broker, register on its website, create a user account, open a trading account, and make a deposit. TU experts have compiled a step-by-step guide on registration and the features of the user account.

Go to the broker's website and click the “Start Trading” button in the upper right corner. You can also click the “Create Account” button.
Indicate your first and last names, email, phone number, and country of residence. Make a password and enter it twice. Then agree to the terms of cooperation by ticking the box, and click the “Create Account” button.
An email will be sent to the specified address with a link to confirm registration. Click it. To enter your user account, use your login and password.
Enter your date of birth and registration address. Then upload your identity documents, following the instructions. Next, select the account type, leverage, and bonus amount. Create a password to your trading account and enter it twice. Click the “Create Real Account” button.
Choose the appropriate deposit option. Make a deposit following the instructions on the screen. After that, you will get full access to your user account and will be able to download the platform and start trading.

Features of the user account:

Accounts. Here, there is a list of all your active trading accounts, account details, and main function details;
Deposits. This section is for depositing funds to the active account balance;
Withdrawals. This option allows submitting withdrawal requests;
Profile. Trader's personal information, which can be edited, is kept here;
WebTrader. The button allows you to go to the web version of the broker's trading platform;
Refer a friend. This block is for a referral program. You can generate a code, but the bonuses are not active yet;
Promotions. This is a list of all current bonuses that the broker's clients can receive;
Contacts. This block provides for creating a ticket for contacting the broker's support team.

Customer Support

Score:

5 /10

Customer support at FXCentrum is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. FXCentrum provides basic support functionality but does not stand out in overall service performance.

Information

Technical (client) support is needed by all brokers to help their clients. All traders sooner or later face questions to which they cannot find answers on their own. They also need regular consultations and advice. If support is not prompt or not competent, traders may become disappointed with a broker and leave for a competitor. FXC offers professional client support available 24/7. Many communication channels, such as phone, email, and tickets on the website are available.

Non-clients of the broker can contact technical support
All communication channels are available 24/7

There is no live chat, which is preferred by most traders

If you need help or advice, contact FXCentrum client support via:

call center;
email for individuals;
email for legal entities.

The company has profiles on Facebook, Twitter, YouTube, Instagram, Telegram, and TikTok. There you can also contact managers. Subscribe to the broker to stay up-to-date with its latest news.

Contacts
Foundation date	2017
Registration address	Office 5B, HIS building, Providence Mahé, Seychelles House of Francis, Room 302, Ile Du Port, Mahé, Seychelles
Regulation	FSA
Official site	https://fxcentrum.com
Contacts	support@FXCentrum.com partner@FXCentrum.com (+44) 7418354103

Best FXCentrum Alternatives

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How are FXCentrum’s commissions, spreads, and non-trading fees described in this review?

The review rates FXCentrum’s overall fee level as medium, with low forex trading fees and no deposit, withdrawal, or inactivity fees. Standard account spreads are built into floating spreads, with typical EUR/USD spreads ranging from 0.2 to 0.4 pips and GBP/USD from 0.4 to 0.6 pips, while RAW/ECN accounts are not available.

What account types and trading conditions does FXCentrum offer?

FXCentrum provides Demo and live accounts, including Zero, Standard, and VIP FXC, but does not offer ECN/Raw spread, Cent, Micro, Swap Free, VIP, or Managed accounts as separate categories in the comparison table. Minimum deposits start from $10 for Zero and Standard and $1,000 for VIP FXC, with spreads from 1 pip on Zero, from 0.3 pips on Standard, and from 0.2 pips on VIP FXC, plus varying numbers of available instruments and deposit bonuses.

What do user reviews and feedback say about FXCentrum’s overall service quality?

The user satisfaction score for FXCentrum is 2/10, with all recorded reviews being 1-star and no higher-rated feedback reported. Based on available user reviews, overall client sentiment in this dataset is mostly negative, although only 4 written reviews are mentioned despite 47 users having chosen this broker.

Which markets and tradable assets are available at FXCentrum, according to recent reviews?

The review states that FXCentrum offers 197 total tradable assets, including 40 currency pairs, along with access to stocks, commodity futures, cryptocurrencies, and stock indices, but not options. It also notes that bonds and ETFs are not available, while a copy trading option is supported instead of PAMM or managed accounts.

What do reviews say about FXCentrum’s customer support and available contact channels?

The review describes FXCentrum’s customer support as available 24/7 via multiple channels, including call center, email for individuals and legal entities, and social media, but notes that there is no live chat. Response times are characterized as moderate, with service quality varying depending on the complexity of the request.