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Excent Capital

Seychelles|2-5 years|
Retail Forex License|Suspicious Scope of Business|Medium potential risk|Offshore Regulated|


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+44 7888 860 64
CT House, Office 3C, Providence, Mahe, Seychelles.


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WikiFX Risk Alerts 2
Previous Detection : 2024-07-15
  • The Seychelles FSA regulation with license number: SD137 is an offshore regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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Excent Capital · WikiFX Survey

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Excent Capital · Company Summary

Broker Name Excent Capital
Registered in Seychelles
Founded in 2-5 years ago
Regulation FSA
Minimum Deposit $50
Market Instrument US Stocks, FX, Indices, Commodities
Demo Account Yes
Maximum Leverage 100:1
Spread From 0.8 pips
Trading Platform Excent Platform
Payment Methods Credit Cards and Bank Transfers
Social Trading No
Customer Support Phone, Email, Social Media

What is Excent Capital?

BelleFX is a relatively new broker, established in 2-5 years ago, offering a user-friendly platform called Excent Platform for trading various assets like US stocks, forex, indices, and commodities. A low $50 minimum deposit makes it attractive for beginners, and some spreads start as low as 0.8 pips, potentially appealing to cost-conscious traders. However, a key drawback to consider is the lack of the popular copy trading solution.

What is Excent Capital?

Is Excent Capital legit?

Excent Capital holds a Retail Forex License (SD137) issued by the Seychelles Financial Services Authority (FSA) in Seychelles. While the FSA is a legitimate regulator, it's important to note that Seychelles has a less strict regulatory environment compared to some other jurisdictions.

Is Excent Capital legit?

Pros & Cons

On the bright side, Excent Capital offers some interesting features for new traders. With a low minimum deposit and demo accounts available, you can try out the platform before committing real funds. Regulation in Seychelles provides some peace of mind, but it's important to be aware that this isn't the most stringent oversight. However, if you're looking for features like social trading, live chat support, or the popular MetaTrader platforms, Excent Capital won't have what you need.

Pros Cons
  • Regulated in Seychelles
  • No social trading supported
  • Low minimum deposit required
  • No live chat
  • Demo accounts available
  • No metatrader platforms provided
  • Basic Educational Resources

Market Instruments

Excent Capital targets various traders by offering four main asset classes: US Stocks, Forex (FX), Indices, and Commodities. This gives you the flexibility to trade popular stocks, major currency pairs, broad market indexes, and raw materials like oil or gold – all from a single platform.

Market Instruments

Account Types

Excent Capital keeps things simple with just a single live accounts and demo accounts. These practice accounts come loaded with a generous $100,000 in virtual funds, allowing newcomers to explore the platform and test out strategies without risking real money. However, if you're looking for different account tiers with varying features or benefits, Excent Capital doesn't offer them at this time.


Excent Capital offers leverage of up to 100:1, which can be appealing to traders who want to control a larger position size with a smaller initial investment. However, more importantly, leverage is a double-edged sword, It can magnify your profits, but also magnify your losses. If you're new to trading, it's generally advisable to start with lower leverage to manage risk.


Spreads and Commissions

Excent Capital's spreads, while not the tightest in the industry, are generally considered average. While the advertised spreads may not be the most competitive, it's crucial to note that spreads can fluctuate based on market conditions and trading volume. Therefore, it's highly recommended to open a demo account with Excent Capital to experience their real-time spreads and get a more accurate understanding of their pricing.

One clear benefit of trading with Excent Capital is their commission-free structure, which means you won't incur any additional trading fees on top of the spreads you see when entering and exiting positions.

Forex pairs spreads

Forex pairs spreads

Indices Trading Spreads

Indices Trading Spreads

Indices Trading Spreads

Indices Trading Spreads

Cryptos Trading Spreads

Cryptos Trading Spreads

Trading Platform Available

Instead of offering the widely popular MetaTrader platforms (MT4 or MT5), they've developed their own in-house platform called Excent Platform. This can be a good fit for traders who prefer a new, potentially streamlined experience. However, if you're accustomed to the familiarity and extensive functionalities of MetaTrader platforms, like MT4, or MT5, you won't find them here.

Trading Platform Available

Deposit & Withdrawal

Excent Capital offers funding flexibility with deposits accepted through credit cards and bank transfers. While the homepage advertises a $50 minimum deposit, the FAQ section clarifies a slightly higher minimum of $200 (or equivalent currency) for the initial deposit. Keep in mind that withdrawals under $1,000 or €800 may incur fees of $30 or €16, respectively. Withdrawal processing times are stated to be within 2 business days.

Education and Resources

Excent Capital provides a mix of educational resources and market analysis tools to support your trading journey. They offer a Knowledge Base with articles and FAQs, along with an Excent Blog for potentially more in-depth content. To stay informed on current market events, they provide an Economic Calendar and news updates through News IQ. While the specific depth and breadth of these resources aren't entirely clear, they do offer a starting point for learning and analysis.

Education and Resources
Education and Resources
Education and Resources
Education and Resources
Education and Resources

Customer Support

Excent Capital offers multiple channels for you to reach their customer support team. If you prefer written communication, you can send them an email at For those who like a more direct approach, they provide phone numbers with international dialing codes (+44 7888 860 64 and +248 437 3651). Additionally, they offer real-time assistance through online chat functionality. And, to cater to your preferred communication style, they maintain a presence across various social media platforms, including Facebook, Instagram, LinkedIn, YouTube, and even Telegram. This comprehensive approach ensures you can connect with Excent Capital's support team through the channel that best suits your needs.


In conclusion, Excent Capital presents a decent option for beginner or basic traders. The low minimum deposit, commission-free structure, and availability of forex, indices, commodities, and US stocks on a single platform are all attractive features. However, potentially higher withdrawal fees, a proprietary platform instead of MetaTrader, and limited educational resources could be drawbacks. Consider your experience level, platform preference before deciding. If you're comfortable with these limitations, Excent Capital might be a suitable starting point for your trading journey. Otherwise, you may find a more established broker.

Frequently Asked Questions (FAQs)

Is Excent Capital legit?

Yes, it is regulated by FSA in Seychelles.

Does Excent Capital offer demo accounts?

Yes. Excent Capital offers free and unlimited demo accounts with 100,000 virtual funds.

Is Excent Capital a good broker for beginners?

Excent Capital might be a good choice for beginners, for its features low minimum deposit, commission-free structure.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Broker Information

Company Name

Excent Capital Ltd


Excent Capital

Regulatory Status

Offshore Regulatory

Platform registered country and region


Company website
Phone of the company
  • +44 7888 860 64

  • +248 4373651









Company address
  • CT House, Office 3C, Providence, Mahe, Seychelles.







Customer Service Email Address


Company Summary

User Reviews

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more than one year
Excent Capital provides a commendable trading experience. The platform is very user-friendly, easy to navigate, and packed with useful tools and features. The inclusion of a financial calendar and news update is certainly a time-saver. Moreover, the variety of products on offer is quite impressive. The customer support team deserves a special mention for their efficiency. They've been instrumental in resolving issues and providing support promptly. I'm quite satisfied with my experience and I'd certainly recommend it!
2024-05-16 11:49
Dreams come True
more than one year
Considering Excent Capital's broad range of assets, it's disappointing to find no regulatory backing. While demo accounts and a web platform are positives, the $200 minimum deposit is steep. Traders should be aware of withdrawal fees, highlighting the risks associated with an unregulated broker.
2023-12-05 14:26
more than one year
Excent Capital seems to offer a variety of assets, but it's concerning that they lack regulation. The web platform and demo accounts are available, but the minimum deposit is relatively high at $200. Watch out for withdrawal fees, and be cautious due to the absence of regulation.
2023-12-04 18:58
more than one year
I heard that Virgin Islands is also a known place to issue offshore forex licenses... We know that many forex companies will choose to apply for an offshore license to increase leverage, but just an offshore license is not enough.
2022-12-15 16:53
more than one year
I was surprised to find that this company does not have detailed information on spreads and commissions. In my opinion, not volunteering such important information means that they are not sure enough about their trading conditions.
2022-12-02 17:40


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