Score
5-10 years Regulated in Cyprus
Straight Through Processing(STP)
MT4/5 White Label
Regional Brokers
Suspicious Overrun
High potential risk
Influence
E
Score
License Index0.00
Business Index7.76
Risk Management Index0.00
Software Index4.00
Regulatory Index0.00
Influence
E
Single Core
1G
40G
English
+357 24 024022
More
Company Name
Mount Nico Corp Limited
Company Abbreviation
eXcentral
Platform registered country and region
Cyprus
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
I deposited $250 into the platform while the platform claimed to charge service fee!!
Induce the new hand open a position and close it within 1 minute. The manager refused to admit the situation and lied that the customer operated by mistake.
I started transaction on this platform from August 17 and deposited. Then they continued to persuade me to add deposit. When I wanted to withdraw, it asked for several fees. I paid those fees until my account consumed up. Do not trust this fraud platform.
It asked me to deposit $251 for the first time and another $250 for transaction due to risk consideration. Then it request remittances by providing high profits. Even if we set a stop loss, it will continue to ask you to deposit with insufficient margin. In the end, the profitable account will directly become negative. It will also ask you to remit but I refuse. Then my account was blocked. It has been confirmed that there is no office in the registered place.
It was a fraud platform. Unable to withdraw. I deposited but could not withdraw when making profits. It asked me to upgrade membership. It was a scam.
My cousin made the transfer for the amount of 1370$ because I don't know how to use the Internet very well, after that it was reflected on the board and the next day there was nothing and they wash their hands like Pilate.
The manager controls the investment platform. Unable to withdraw. I’ve reported such situation to eXcentral many times, but the manager lampooned me. I’m a new hand and follow their instructions. But I lost money for their wrong instructions. And they asked me to add more on grounds of margin. What they did is not to help u earn money, making your positions wiped out compulsorily. After they claimed that the customer manager was unfit, they disappeared.
The platform uses the greed of human nature to induce you to deposit a small amount at first. Managers make thousands of calls to induce capital injection. I asked him how to withdraw. However the account that can only deposit but not withdraw. It takes 4-5 days of review. During this time, he was free to escape with the deposit, or deactivate your account. These platforms do not exist at all, and don't believe that managers teach you to invest for free. Please withdraw the money, and wait 4-5 days to see if the money will be returned to your account by yourself. I was a victim to warn you because I deposited $250, and I had to withdraw 300 for one time to close the position.
WikiFX Data provideThe Cyprus Securities and Exchange Commission (CySEC) has settled with Mount Nico Corp Ltd, the operator of the trading brand, eXcentral and NicoFX. The regulated company has already paid €290,000 as a part of the settlement for possible violation of regulations.
WikiFX
The Cyprus Securities and Exchange Commission (CySEC) today announced a EUR 290,000 settlement with Cyprus investment firm (CIF) Mount Nico Corp Ltd. The company operates through brands such as NicoFX and Excentral.
WikiFXAccording to a recent survey conducted amongst regular readers of eXcentral's blog, a large majority refer to it as one of the top sources for daily financial information and news. The survey, reaching thousands of readers with different demographic and geographic backgrounds, provides positive findings for the brand and its blog.
WikiFXeXcentral EU is an international broker offering instruments on its web trader and MT4. See our review for withdrawals, demo accounts & more.
WikiFX
