Score

1.43 /10
Danger

CXM Prime

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index6.40

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

CXM Prime

Company Abbreviation

CXM Prime

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 966753) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

CXM Prime · Company summary

Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

CXM Prime Review Summary
Registered Country/RegionUnited Kingdom
RegulationFCA (suspicious clone)
ServiceFinancial solutions
Demo AccountUnavailable
Trading PlatformsNot mentioned
Customer SupportPhone: +44 2038350764
Email: info@cxmprime.co.uk
Address: Office No. 318, 15 St Helens Place, London, EC3A 6DQ
Contact form

CXM Prime Information

CXM Prime Ltd. is a financial services provider aiming to cater exclusively to institutional and professional clients globally. Operating under a suspicious clone license from the Financial Conduct Authority (FCA) in the UK, the company offers financial solutions. The company also emphasizes advanced technology for liquidity and trading capabilities.

CXM Prime's homepage

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Pros & Cons

ProsCons
Offers tailored financial servicesSuspicious clone license
Technology-driven approachLimited transparency

Pros:

Offers tailored financial services: CXM Prime Ltd. provides tailored financial solutions to institutional and professional clients globally.

Technology-driven approach: The company emphasizes leveraging advanced technology for liquidity and trading capabilities.

Cons:

Suspicious clone license: Operates under a clone license from the FCA, which mimics legitimate financial entities but lacks full regulatory oversight, raising concerns about legitimacy.

Limited transparency: Insufficient details provided about trading platforms, accounts, and other details, which are crucial for informed decision-making.

Is CXM Prime Legit?

Presently, CXM Prime has the sole authority of a suspicious clone license of the Financial Conduct Authority (FCA), bearing the license number 966753 in the United Kingdom. This type of license, which allows a company to mimic the services of a legitimate financial entity, raises concerns about the legitimacy and trustworthiness of the company's operations.

Suspicious clone FCA license

Services

The firm exclusively offers non-advised services to institutional and per se professional clients across the UK, EEA, and globally. By actively listening to client feedback and adeptly analyzing market dynamics, CXM Prime Ltd. customizes its offerings to meet evolving market demands effectively. CXM Prime Ltd. empowers clients with comprehensive financial solutions tailored to their specific needs, supporting them in navigating the complexities of the financial landscape with confidence.

About CXM Prime

Technology

CXM Prime Ltd. is dedicated to pioneering advancements in financial technology within the UK market. Leveraging innovative solutions, CXM Prime Ltd. aims to redefine liquidity and trading capabilities for its clients. The company's technology-driven approach ensures access to deep liquidity and competitive pricing through state-of-the-art execution platforms. By prioritizing reliability and efficiency, CXM Prime Ltd. strives to deliver seamless transactions and enhanced trading experiences, contributing to a more accessible and prosperous financial environment for all stakeholders.

Technology

How to Open an Account?

  • Step 1: Click the button ''Member Area'' on the homepage.
Click the button ''Member Area''
  • Step 2: Click on the ''Registration'' option.
Click on the ''Registration''
  • Step 3: Follow the on-screen instructions to input your personal and contact details.
  • Step 4: Click on the ''Register'' option to finalize the creation of your account.
Click on the ''Register'' option

Customer Service

CXM Prime provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone: +44 2038350764
  • Email: info@cxmprime.co.uk
  • Address: Office No. 318, 15 St Helens Place, London, EC3A 6DQ
  • Contact form
Contact info

Conclusion

In conclusion, CXM Prime Ltd. presents itself as a provider of financial services catering to institutional and professional clients globally. The company emphasizes advanced technology to enhance liquidity and trading capabilities, accompanied by comprehensive customer support channels.

However, clients should pay attention to the suspicious clone license from the Financial Conduct Authority (FCA). Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.

Frequently Asked Questions (FAQs)

Is CXM Prime regulated by any financial authority?

No. It operates under a suspicious clone license from the Financial Conduct Authority (FCA) in the UK.

Does CXM Prime offer demo accounts?

No.

Is CXM Prime a good broker for beginners?

No. It is not a good choice for beginners because of its suspicious clone license.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

News

NewsCXM Prime Acquires FCA License, Appointed Muinmos Ashraf Agha As CEO

CXM Prime, a forex and CFD broker located in London and part of the CXM Group of Companies, said on Tuesday that the UK Financial Conduct Authority (FCA) has allowed it to offer brokerage services in the country. With the clearance, the broker said that it would deliver top liquidity and trading experience to its consumers.

WikiFX
2022-12-28 14:17
CXM Prime Acquires FCA License, Appointed Muinmos Ashraf Agha As CEO

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FX1305842923
more than one year
CXM Prime is definitely behind the manipulation of traders' accounts. The difference between their price of JPY and the price of the market is very large. When I tried to defend my rights, the customer service continued to shirk responsibility.
CXM Prime is definitely behind the manipulation of traders' accounts. The difference between their price of JPY and the price of the market is very large. When I tried to defend my rights, the customer service continued to shirk responsibility.
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2023-03-02 17:17
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