CXM Direct review
CXM Direct review: regulation (Regulated by the Financial Conduct Authority of the UK…), minimum deposit 50, leverage up to 1:2000, platforms and current…
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 50
- Maximum leverage
- 1:2000
- Minimum spread
- 0.0 Pips
- Platforms
- MetaTrader 4 (MT4), Mobile MT4, Web Platforms and More Trading Platforms
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures
- Account currencies
- EUR / USD / GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 30% Welcome Bonus
- Other promotions
- 30% Forex Deposit Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More
- Withdrawal methods
- Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More
Company
- Regulation
- Regulated by the Financial Conduct Authority of the UK (FCA) under firm reference no 612233)
- Founded
- 2019
- Country
- St. Vincent & the Grenadines
- Address
- The Financial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines, VC0100
- Publicly traded
- Yes
- Website languages
- English, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Malaysia, Arabic
- Phone
- No
- Email or Skype
- [email protected], [email protected], [email protected]
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CXM Direct pros and cons
Pros
- Regulated by Regulated by the Financial Conduct Authority of the UK…
- Low minimum deposit: 50
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:2000 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
CXM Direct FAQ
Is CXM Direct a safe and regulated broker?
CXM Direct was founded in 2019 and is regulated by Regulated by the Financial Conduct Authority of the UK (FCA) under firm reference no 612233). Client funds are held in segregated accounts. Your protection depends on which CXM Direct entity opens your account.
What is the minimum deposit at CXM Direct?
The minimum deposit at CXM Direct is 50. Payment providers may set their own minimum amount.
What is the maximum leverage at CXM Direct?
CXM Direct offers leverage up to 1:2000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does CXM Direct offer a no deposit bonus?
No. CXM Direct does not currently offer a no deposit bonus. It offers a welcome promotion: 30% Welcome Bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does CXM Direct offer?
CXM Direct supports MetaTrader 4 (MT4), Mobile MT4, Web Platforms and More Trading Platforms. Mobile trading is available.
Does CXM Direct allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does CXM Direct offer an Islamic (swap-free) account?
Yes. CXM Direct offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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CXM Direct at a glance
- RegulationRegulated by the Financial Conduct Authority of the UK (FCA) under firm reference no…
- PlatformsMetaTrader 4 (MT4), Mobile MT4, Web Platforms and More Trading Platforms
- Account currenciesEUR / USD / GBP
- LanguagesEnglish, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Malaysia, Arabic
- PhoneNo
- Email / Skype[email protected], [email protected], [email protected]
- FaxNo
- Head officeThe Financial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines…