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CXM -

Score

3.29 /10
Danger

CXM

United Kingdom

10-15 years

Regulated in United Kingdom

Common Business Registration

MT4 Full License

Suspicious Overrun

High potential risk

https://www.cxm.com

Benchmark

AA

Influence

C

Add brokers

Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index1.25

Business Index8.01

Risk Management Index0.00

Software Index9.99

License Index1.25

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
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Danger

MY SCM
2022-01-01
INVESTOR ALERT LIST
CXM

Broker Information

More

Company Name

CXM Direct LLC

Company Abbreviation

CXM

Platform registered country and region

United Kingdom

Company website

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-06-06
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 12876244)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

CXM · Benchmark
Average transaction speed(ms)
637.8 Poor
The highest transaction speed(ms)
1 Perfect
The highest speed of opening positions(ms)
1 Perfect
The highest speed of closing position(ms)
17 Perfect
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1984
Ranking： 40 / 128
Test user 516
Transactions 1,169,466
Ocuppied margin $248,593 USD
Data Source WikiFX Data provide
Updated: 2025-06-04 01:06:00

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

profits with be turned negative with great loses

last night i opened 3 trades with running profits and set my be immediately , however this morning i woke up all my trades went negatives with great loses !

2025-04-25 11:09
Unable to Withdraw

The platform unilaterally breaches rules, deducts customer's principal and freezes accounts.

After completing the operation on 4.7, the platform strangely froze my account the next day. They took everything, not just the profits, but even the principal. The service manager contacted the headquarters only to be told that I had operated illegally, but they provided no evidence or proof. The platform's unilateral action of deducting profits and principal disrupts normal market trading! When losing money, they turn a blind eye. But when you make a profit, they just block your account! Even scam companies wouldn't do this! They freeze everything, including the principal! It's eye-opening! I request the platform to uphold justice.

2025-05-08 17:55
Scam

They Disappeared After I Requested a Withdrawal

I deposited with CXM Direct and traded for a few months without issues. Everything seemed normal — until I submitted a withdrawal request. Since then, they’ve completely disappeared. No replies to emails. No replies on WhatsApp. My account manager, who used to message me regularly, is nowhere to be found. They took my money, and now they’re gone. CXM Direct operates under an offshore entity with no real regulation. This is not a professional broker — it’s a well-disguised scam.

2025-06-03 14:12
Unable to Withdraw

Unable to withdraw money from trading btc

After making a profit from trading, I am unable to withdraw money and close orders. The broker has notified that there is a problem with the system and has blocked access to the member area for management. I need assistance.

2024-11-08 13:14
Severe Slippage

Slippage Order, Slippage Stoploss

Completed slippage, very bad original !!!! Starting from alippage orders, it will stop loss no matter you buy stop or sell stop. Everything slip Severely!!!!

2021-12-13 21:45
Unable to Withdraw

Unable to withdraw money when verifying

Dear admin, currently CXM Direct has a serious error when switching to a new server as follows: After you have completed the verification registration, the part in the profile section has been approved. However, it still appears as unverified on the screen. This error prevents withdrawal of funds. This is a serious issue, so everyone should avoid losing money. I have been using this CXM Direct platform for almost a year and it has been generally stable. However, since the switch to the new server, there have been several technical issues that are quite annoying. I hope the broker can resolve them soon. Below, image 1 is the verified image and image 2 is the verified error, but it still appears as unverified on the website. Withdrawing money will be extremely difficult. At the same time, the support function on the new server is also not visible. It has a significant impact.

2025-01-07 15:42
Scam

Nuttawuth

On March 1, 2024 at 00:25-00:26, 3 master ports of the copy trading system were added to over 190 direct orders by broker CXM Direct within 1 minute and showed that it was Opening orders manually (Placed Manually) Upon checking the log file, it was found that the orders were not opened by the EA, but were added directly (Added by API). The broker tries to deny all responsibility. Unable to contact any brokers Leave the master port and follower ports damaged. The total damage was nearly ten thousand dollars.

2024-04-04 10:12
Others

To CXM Broker: The "Ghost Order" issue has not been resolved yet.

To the CXM Broker team, I continuously encounter the "Ghost Order" issue when using CFD Sniper Ai Robot (1-minute trade on MT5) with CXM. Even after reporting to support, the problem persists and I do not encounter this issue with other brokers (as attached). Managing the portfolio is important, but this technical issue directly affects trading. I hope CXM will seriously investigate and rectify this. Regards, Mr.Nirundornp.

2025-05-12 08:42
Resolved

Can't withdraw money. Sent the withdrawal order on Thursday morning, the 20th.

Can't withdraw money. Sent a withdrawal order on Thursday morning, the 20th. Today is Friday the 21st, and I still haven't received the money. It proceeds very slowly.

2024-06-21 18:49
    CXM · Company summary
    Broker NameCXM
    Registered inUnited Kingdom
    Year(s) of establishment2015
    RegulationsFCA（Exceeded）
    Trading InstrumentsCryptos, Energy, Forex, Indices, Baskets, Metals, US/EU Stocks
    Account TypesCent, ZERO, FIX API, Standard, and ECN
    Minimum Initial Deposit$5
    Maximum Leverage1:Unlimited
    Minimum Spread0.0 pips
    Trading PlatformMT4 & MT5
    Deposit and withdrawal methodMore than 10, including 1-2 Pay, 5Pay, AwePay, DNB, FasaPay, Help2Pay, Local Banks
    Customer ServiceCustomer Servicesupport@cxmdirect.comMarketingmarketing@cxmdirect.comSalessales@cxmdirect.com

    CXM Review Infoprmation

    CXM is a UK-based brokerage established in 2015. With a range of account types, including Cent, ZERO, FIX API, Standard, and ECN, and a minimum deposit of just $5, CXM provides flexibility and competitive spreads starting from 0.0 pips. The broker offers unlimited leverage and SWAP-free trading. Trading is facilitated on MT4 & MT5 platforms, and investors can benefit from competitive trading conditions.

    CXM Review Infoprmation

    Regulatory Status

    CXM is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, under the Investment Advisory License (License No. 966753). Its current regulatory status is exceeded.

    Regulatory Status

    Market Instruments

    CXM offers over 200 CFD instruments across 8 asset classes, providing exceptional trading conditions.

    Market Instruments

    Account Types

    CXM offers a range of accounts with flexible deposit requirements and leverage options, supporting various instruments like FX, Metals, CFDs, Cryptos, and Stocks. All accounts allow EAs, scalping, and hedging, with no overnight swap fees or trading restrictions.

    CentZEROFIX APIStandardECN
    Starting Deposit$10$1,000$50,000$50$100
    InstrumentsFX, Metals, CFDs, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, Stocks
    Overnight Swap FeesNoNoNoNoNo
    EAs, Scalping, HedgingYesYesYesYesYes
    Minimum Lot Size0.01 Lots FX0.01 Lots FX0.01 Lots FX0.01 Lots FX0.01 Lots FX
    Margin Call / Stop Out50% / 30%50% / 30%50% / 30%50% / 30%50% / 30%
    Max Leverage1:20001:10001:300 (FX, Gold, Silver)1:Unlimited1:Unlimited
    Managed Accounts/Copy TradingYesYesNoYesYes
    Min Order Distance00000
    Trading RestrictionsNoNoNoNoNo

    CXM Platform

    CXM provides both MT4 and MT5 platforms, available for desktop, mobile, and web use, offering convenient trading experience across multiple devices.

    PlatformAvailable forDownload Links
    MT4 PlatformDesktop, Laptop, Mobile
    Linux OS✔️
    Windows✔️
    Android✔️
    Web Terminal✔️
    iOS✔️
    MAC OS✔️
    QR Codes✔️
    MT5 PlatformDesktop, Mobile
    Windows✔️
    Android✔️
    iOS✔️
    Web Terminal✔️
    QR Codes✔️
    CXM Platform
    CXM Platform

    Deposit & Withdrawal

    CXM offers 15 deposit methods and 13 withdrawal methods, with different currencies, processing times, and minimum amounts.

    Deposit & Withdrawal

    MethodCurrencies (Deposit)Processing Time (Deposit)Commission (Deposit)Minimum Amount (Deposit)
    1-2 PayTHB00100
    5PayVA VND, F2F VND, VA MYR, VA MYR LD, F2F MYR, F2F MYR LD, C2C USDT00100-30000
    AwePayIDR, VND, VA IDR0040-100000
    DNBLAK, MMK, KHR, KHR USD005-94000
    FasaPayUSDInstant015 USD
    Help2Pay----
    Local BanksMYR, IDR, VND, THBInstant015 USD
    NexusBTC, BCH, ETH, USDC, XRP, USDT TRC, USDT ERC, LTC005-100
    OmPayIDR, IDR QRIS, VND, MYR, MYR FPX, MYR LD, MYR FPX LD, SGD, THB0050-100000
    Other CryptosBTC, ETH, BCH1 Working Day0100 USD equivalent
    Payment AsiaPHP002500
    Perfect MoneyUSDInstant0Contact Account Executive for details
    USDT (Tether)USDT (Tether)1 Working Day0100 USD equivalent
    MethodCurrencies (Withdrawal)Processing Time (Withdrawal)Commission (Withdrawal)Minimum Amount (Withdrawal)
    1-2 PayTHB00100
    5PayVA VND, VA MYR, VA MYR LD, F2F MYR, F2F MYR LD, F2F VND0040-30000
    AwePayVND, MYR0040-100000
    DNBLAK, MMK, KHR, KHR USD005-94000
    FasaPayUSD1 Working Day015 USD
    Help2PayMYR, VND, IDR VA0050-300000
    Local BanksMYR, IDR, VND, THB1 Working Day015 USD
    NexusBTC, BCH, ETH, USDC, XRP, USDT TRC, USDT ERC, LTC005-100
    OmPayIDR, IDR VA, VND, MYR, MYR LD, SGD, THB0050-100000
    Other CryptosBTC, ETH, BCH1 Working Day0100 USD equivalent
    Payment AsiaPHP002500
    USDT (Tether)USDT (Tether)1 Working Day0100 USD equivalent

    News

    NewsCXM Direct Shatters Records: A Look at the Monumental Achievements of 2023

    A Look at the Monumental Achievements of 2023

    WikiFX
    2024-02-20 11:23
    CXM Direct Shatters Records: A Look at the Monumental Achievements of 2023

    NewsWikiFX Broker Assessment Series | CXM Direct: Is It Trustworthy?

    In this article, we'll look in-depth at CXM Direct, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.

    WikiFX
    2024-01-25 15:31
    WikiFX Broker Assessment Series | CXM Direct: Is It Trustworthy?

    NewsCXM DIRECT's FOREX SPREAD REDUCTION

    Unbeatable Trading Conditions: CXM Direct Implements Spread Reduction on Forex Instruments!

    WikiFX
    2024-01-23 18:39
    CXM DIRECT's FOREX SPREAD REDUCTION

    NewsBEST TRADE EXECUTION GLOBAL 2023 - CXM DIRECT

    CXM Direct Clinches “BEST TRADE EXECUTION GLOBAL 2023” at Ultimate Fintech Awards

    WikiFX
    2024-01-23 18:36
    BEST TRADE EXECUTION GLOBAL 2023 - CXM DIRECT
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    User comment

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    FX1526017201
    0-3months
    I deposited with CXM Direct and traded for a few months without issues. Everything seemed normal — until I submitted a withdrawal request. Since then, they’ve completely disappeared. No replies to emails. No replies on WhatsApp. My account manager, who used to message me regularly, is nowhere to be found. They took my money, and now they’re gone. CXM Direct operates under an offshore entity with no real regulation. This is not a professional broker — it’s a well-disguised scam.
    I deposited with CXM Direct and traded for a few months without issues. Everything seemed normal — until I submitted a withdrawal request. Since then, they’ve completely disappeared. No replies to emails. No replies on WhatsApp. My account manager, who used to message me regularly, is nowhere to be found. They took my money, and now they’re gone. CXM Direct operates under an offshore entity with no real regulation. This is not a professional broker — it’s a well-disguised scam.
    Translate to English
    2025-06-03 14:12
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    WinWiFi
    more than one year
    เรียน ทีมงาน CXM Broker ผมประสบปัญหา "Ghost Order" อย่างต่อเนื่องเมื่อใช้ CFD Sniper Ai Robot (เทรด 1 นาที บน MT5) กับทาง CXM แม้จะแจ้งฝ่ายซัพพอร์ตแล้วปัญหาก็ยังคงอยู่ และไม่พบปัญหานี้กับโบรกเกอร์อื่น (ดังภาพแนบ) แม้การบริหารพอร์ตเป็นสิ่งสำคัญ แต่ปัญหาทางเทคนิคนี้กระทบการเทรดโดยตรง หวังว่า CXM จะตรวจสอบและแก้ไขอย่างจริงจัง ขอแสดงความนับถือ Mr.Nirundornp
    เรียน ทีมงาน CXM Broker ผมประสบปัญหา "Ghost Order" อย่างต่อเนื่องเมื่อใช้ CFD Sniper Ai Robot (เทรด 1 นาที บน MT5) กับทาง CXM แม้จะแจ้งฝ่ายซัพพอร์ตแล้วปัญหาก็ยังคงอยู่ และไม่พบปัญหานี้กับโบรกเกอร์อื่น (ดังภาพแนบ) แม้การบริหารพอร์ตเป็นสิ่งสำคัญ แต่ปัญหาทางเทคนิคนี้กระทบการเทรดโดยตรง หวังว่า CXM จะตรวจสอบและแก้ไขอย่างจริงจัง ขอแสดงความนับถือ Mr.Nirundornp
    Translate to English
    2025-05-12 08:42
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