CXM Trading

Note: At this time, we only have a cursory look at CXM Trading as the company's official website (https://www.cxmtrade.com/en ) does not open properly.

Screenshot time: 02/07/2023

WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.

General information and regulations

CXM Trading is registered in St. Vincent and the Grenadines and appears to be a fraudulent broker without any credible regulation, with a history of no more than 10 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

Trading platform

Although a long time has passed since the launch of MT4, it is still a major player in the market and is loved by traders all over the world. Accessing it from different devices also makes it easier for users to trade.

Account types

CXM Trading offers a total of CXM Trading account types: standard, premium, ECN and FIX API. The minimum deposit to open an account is $2,000, $5,000, $30,000 and $50,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Customer support

The support service provided by CXM Trading is not very extensive. It can only be accessed via email and address. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

Below are the details about the customer service.

Email: support@cxmtrading.com

Address: Suite 305, Griffith Corporate Center, Beachmont Kingstown, Saint Vincent and the Grenadines

13 Leyden Street, London E1 7LE United Kingdom

Users exposures

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Frequent asked questions about CXM Trading

Is this broker well regulated？

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.