CXM

CXM Direct Review: Is CXM Direct a good broker?

Broker overview and general information

CXM Direct LLC, commonly known as CXM, was founded in 2015 as part of the CXM Group, headquartered in London and operating across MENA, Asia Pacific, the United States and Europe.

CXM is a Forex and CFD broker offering trading on over 200 assets, including Forex, stocks, indices, precious metals, energies, commodities, and cryptocurrencies. Highlights of the broker include swap-free trading on all accounts, unlimited maximum leverage, competitive spreads and commissions, and liquidity from Tier-1 banks and Prime Brokers.

Trading products

CXM offers a wide range of financial instruments, including:

• Forex:65+ currency pairs

• Commodities:10+ commodities

• Cryptocurrencies:60+ cryptocurrencies

• Indices:20+ leading indices

• Stocks:134+ US and European stocks

• ETFs:15+ ETFs

• Not supported:Futures, Bonds, Options

  
  

Trading platforms and tools

CXM supports trading through popular platforms including:

• MetaTrader 4 (MT4)

• MetaTrader 5 (MT5)

Traders can also use EA, Scalping and Hedging independently.

Broker account types

CXM offers four main types of trading accounts, as detailed below:

Cent Account

• Spread: Starting at 1.2 pips

• Leverage: 1:2000

• Commission: $0

• Swap: Free

• Minimum deposit: $50
  

Standard Account

• Spread: Starting at 1.2 pips

• Leverage: Unlimited

• Commission: $0

• Swap: Free

• Minimum deposit: $50
  

ECN account

• Spread: Starting at 0.2 pips

• Leverage: Unlimited

• Commission: $4

• Swap: Free

• Minimum deposit: $100
  

Zero Account

• Spread: 0.0 pips

• Leverage: 1:1000

• Commission: $8

• Swap: Free

• Minimum deposit: $1,000

• Spreads on Gold: $0.00

Deposits and withdrawals

CXM supports deposits and withdrawals via multiple channels, including cryptocurrencies and e-wallets, including:

• Crypto:USDT, Bitcoin, Ethereum, Litecoin

• E-wallet & Payment Gateway:PayU, SticPay, help2Pay, PayTrust, 1-2 Pay, Payment Asia, FasaPay, Skrill, Neteller, DNB

note:Withdrawal time takes approximately 1 business day.

Contact channels and customer service

• Email Support:[email protected]

• Email Marketing:[email protected]

• Customer service:24 hours / 7 days a week

• Supported languages:English, Arabic, Spanish, Portuguese, Malay, Hindi, Thai, Russian, Uzbek, Indonesian, Vietnamese, Chinese

Broker Overview Summary

CXM Direct is a broker that has been in operation for over 10 years, offering a wide range of trading products and flexible trading conditions. The broker's strengths include accounts with low minimum deposits, swap-free, and unlimited maximum leverage.

However, investors should consider the credibility of the license and deposit and withdrawal restrictions before making a decision. For those looking for a broker with multiple account levels and support for a wide range of assets, CXM is another broker worth considering. However, it is advisable to carefully check the terms and conditions before investing.

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