CXM

Interbank Trader

1-2 Jahre

Does CXM have any cons?

WikiFX Antworten

The most significant con I see with CXM is its "General Registration" status with the FCA, which limits its regulatory protections. While CXM trading offers low spreads and multiple account types, the lack of full regulatory compliance raises concerns about the broker’s long-term reliability. Additionally, despite the availability of platforms like CXM MT4 and CXM MT5, the high leverage offered can lead to increased risk, which is something that should be considered, especially by novice traders.

Broker Issues

CXM

Regulation

08-08

Vereinigte Staaten

Pushpender Sharma

1-2 Jahre

Can I learn more about CXM's fees?

WikiFX Antworten

CXM’s fee structure is transparent with no deposit or withdrawal fees for most payment methods, which is appealing. The spreads start at 0.0 pips, and there are no commissions or overnight swap fees. However, the minimum deposit and withdrawal amounts vary based on the payment method, so it’s important to check these details in advance. In my experience, understanding these fee structures up front makes using CXM MT4 or CXM MT5 more manageable, especially if you're a trader focused on minimizing costs while exploring CXM stock or other assets.

Broker Issues

CXM

Fees and Spreads

07-25

Vereinigte Staaten

TradeTimeAllWasted

1-2 Jahre

What are the pros of CXM?

WikiFX Antworten

CXM provides numerous advantages, such as low minimum deposit requirements (starting at just $5), unlimited leverage, and competitive spreads starting at 0.0 pips, which is great for active traders. Additionally, the broker offers CXM MT4 and CXM MT5 as trading platforms, both of which are favored by traders for their comprehensive features and ease of use. The availability of multiple account types like Cent, ZERO, and ECN makes it accessible to traders with varying capital sizes. In my experience, the flexibility in account options and the ability to trade CXM stock and other instruments like crypto and forex make it a versatile platform.

Broker Issues

CXM

Regulation

07-24

Vereinigte Staaten

Hhduy

1-2 Jahre

What account types can I open with CXM?

WikiFX Antworten

CXM offers several account types, including Cent, ZERO, FIX API, Standard, and ECN accounts. These account types cater to traders of all experience levels, from beginners to professionals. Each account type comes with different leverage options, ranging from unlimited leverage for CXM trading to lower leverage for more cautious traders. Personally, I appreciate the flexibility of these account types, as they allow me to tailor my trading experience based on my strategy and risk tolerance.

Broker Issues

CXM

Platform

Instruments

Account

Leverage

07-04

Vereinigte Staaten