CXM Direct

CXM Direct Review: Is CXM Direct a Good Broker?

Broker overview and general information

CXM Direct was founded in 2015 and is headquartered in London. CXM Direct is a licensed broker for CFDs, offering trading in over 200 assets including Forex and Cryptocurrency. With many years of experience in global markets such as Asia Pacific, Europe and the United States, as well as good trading conditions, low spreads and low commissions, the broker has become well-known, but still not very popular among traders. The broker is also properly licensed and regulated by the relevant authorities.

Licenses that the broker has obtained

If you ask whether CXM Direct is good or not, you must first consider the license factor, which has the following licenses:

• Financial Conduct Authority (FCA) License No. 966753 under CXM Prime Ltd.

• Mauritius' Financial Services Commission (FSC) License No. GB21026337 under CXM GLOBAL 

• FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) License No. 444LLC2020 under CXM Direct LLC.

Regional Restrictions: CXM Direct LLC does not provide services to residents of the United States, Canada, China, Sudan, Syria, Iran, North Korea.

Warning⚠️:Each type of license has a different regulatory scope, such as the countries the agency is regulated in and the websites it is authorized to operate.

• FCA License No. 966753, under which CXM Prime Ltd regulates any activities taking place underwww.cxmprime.co.uk

• FSC License No. GB21026337, which is under CXM GLOBAL Company, supervises any activities that occur underwww.cxmglobal.com

Products and services from brokers

Trading products

• FOREX

• METALS

• INDICES

• ENERGY

• CRYPTOS

• EU/US STOCKS

Trading platforms and tools

A wide range of trading platforms and tools are offered to meet the needs of investors and traders of all experience levels, including:

• MetaTrader 4 (MT4): MT4 

• MetaTrader 5 (MT5): MT5

• Social Trading (Copy Trading)

• PAMM

Broker Account Types

There are 5 account types to choose from:

STANDARD ACCOUNT  

•  Leverage: 1:Unlimited

•  Minimum deposit: $50

• EA, Scalping, Hedging: Yes

• Margin Call / Stop Out: 50% / 30%

• Swap: Free

ECN Account  

• Leverage: 1:Unlimited

• Minimum deposit: $100

• EA, Scalping, Hedging: Yes

• Margin Call / Stop Out: 50% / 30%

• Swap: Free

CENT Account 

•  Leverage: 1:2000

•  Minimum deposit:$10

• EA, Scalping, Hedging: Yes

• Margin Call / Stop Out: 50% / 30%

• Swap: Free

ZERO ACCOUNT

•  Leverage: 1:1000

•  Minimum deposit:$1000

• EA, Scalping, Hedging: Yes

• Margin Call / Stop Out: 50% / 30%

• Swap: Free

FIX API Account

•  Leverage: 1:300

•  Minimum deposit:$50,000

• EA, Scalping, Hedging: Yes

• Margin Call / Stop Out: 50% / 30%

• Swap: Free

Office location and contact channels

Contact channels:

• Customer Service:support@cxmdirect.com

• Marketing Department:marketing@cxmdirect.com

• Sale:sale@cxmdirect.com

Broker Overview Summary

CXM Direct is a Forex and CFD broker that stands out for its speed and flexibility in providing trading in a variety of markets, including Forex, precious metals, indices, and energies. The broker offers attractive trading conditions, such as a variety of leverages, which allow traders to take full advantage of market opportunities. It also offers multilingual customer support.

However, the broker has some disadvantages to consider, especially in terms of reliability. Since the broker has only one license and is Tier D, it may cause concern to users. In addition, the licenses of affiliated companies are displayed, which may cause confusion for investors.

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CXM Direct Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.