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TradeCMX review

TradeCMX review: regulation (No), minimum deposit $50, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit$50
Max. leverage1:500
Spread from0.0 Pips
Founded2017

Trading conditions

Broker type
STP/ECN
Minimum deposit
$50
Maximum leverage
1:500
Minimum spread
0.0 Pips
Platforms
MetaTrader4
Account currencies
USD, EUR, GBP, JPY

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
No
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/Debit Cards, Wire transfer, Skrill, Neteller,
Withdrawal methods
Credit/Debit Cards, Wire transfer, Skrill, Neteller,

Company

Regulation
No
Founded
2017
Country
SVG
Address
The Financial Services Centre, Stoney Ground,Kingstown VC0100, St. Vincent and the Grenadine
Website languages
English
Phone
+44 20 35 140 756
Email or Skype
[email protected]

TradeCMX pros and cons

Pros

  • Regulated by No
  • 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 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

TradeCMX FAQ

Is TradeCMX a safe and regulated broker?

TradeCMX was founded in 2017 and is regulated by No. Client funds are held in segregated accounts. Your protection depends on which TradeCMX entity opens your account.

What is the minimum deposit at TradeCMX?

The minimum deposit at TradeCMX is $50. Payment providers may set their own minimum amount.

What is the maximum leverage at TradeCMX?

TradeCMX offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does TradeCMX offer a no deposit bonus?

No. TradeCMX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does TradeCMX offer?

TradeCMX supports MetaTrader4. Mobile trading is available.

Does TradeCMX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does TradeCMX offer an Islamic (swap-free) account?

Yes. TradeCMX 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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TradeCMX – NoOpen account