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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

CXM Direct

United Kingdom|10-15 years| Benchmark C|
Regulated in United Kingdom|Investment Advisory License|MT4 Full License|Global Business|Suspicious Overrun|Medium potential risk|

https://www.cxm.com/

Website

Rating Index

Benchmark

Benchmark

C

Average transaction speed (ms)

824 Poor

MT4/5

Full License

CXMDirect-Live

United Kingdom
MT4
58
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:D

Slippage:AA

Cost:C

Disconnected:D

Rollover:B

MT4/5 Identification

MT4/5 Identification

Full License

58
Server Name
CXMDirect-Live MT4
Server Location United Kingdom

Contact

support@cxmdirect.com
https://www.cxm.com/
Office No. 518 Signature by Regus, 15 St Helen's Place, London, EC3A 6DQ, United Kingdom
https://www.facebook.com/cxmdirect

Licenses

Licensed Institution:CXM Prime Ltd

License No.:966753

WikiFX Risk Alerts
2025-02-22
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 966753)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
2

Basic Information

Registered region
United Kingdom
Operating period
10-15 years
Company Name
CXM Direct LLC
Customer Service Email Address
support@cxmdirect.com
Company website
Company address
Office No. 518 Signature by Regus, 15 St Helen's Place, London, EC3A 6DQ, United Kingdom

FX2138628010

Vietnam

Dear admin, currently CXM Direct has a serious error when switching to a new server as follows: After you have completed the verification registration, the part in the profile section has been approved. However, it still appears as unverified on the screen. This error prevents withdrawal of funds. This is a serious issue, so everyone should avoid losing money. I have been using this CXM Direct platform for almost a year and it has been generally stable. However, since the switch to the new server, there have been several technical issues that are quite annoying. I hope the broker can resolve them soon. Below, image 1 is the verified image and image 2 is the verified error, but it still appears as unverified on the website. Withdrawing money will be extremely difficult. At the same time, the support function on the new server is also not visible. It has a significant impact.

Exposure

01-07

FX2595229784

Thailand

After making a profit from trading, I am unable to withdraw money and close orders. The broker has notified that there is a problem with the system and has blocked access to the member area for management. I need assistance.

Exposure

2024-11-08

noom8124

Thailand

Can't withdraw money. Sent a withdrawal order on Thursday morning, the 20th. Today is Friday the 21st, and I still haven't received the money. It proceeds very slowly.

Exposure

2024-06-21

moonfx2

Thailand

On March 1, 2024 at 00:25-00:26, 3 master ports of the copy trading system were added to over 190 direct orders by broker CXM Direct within 1 minute and showed that it was Opening orders manually (Placed Manually) Upon checking the log file, it was found that the orders were not opened by the EA, but were added directly (Added by API). The broker tries to deny all responsibility. Unable to contact any brokers Leave the master port and follower ports damaged. The total damage was nearly ten thousand dollars.

Exposure

2024-04-04

Rosalia Finingrum

Indonesia

Completed slippage, very bad original !!!! Starting from alippage orders, it will stop loss no matter you buy stop or sell stop. Everything slip Severely!!!!

Exposure

2021-12-13

FX1166932667

New Zealand

Thank you, Louis, for introducing me here. During my 2-week trading here, I am quite satisfied so far. Customer support team is very helpful, always available to present solutions. I am enjoying trading with this platform.

Neutral

2022-12-19

FX1490773481

United States

CXM Direct has reliable customer service. Quick and clear responses every time I needed help. However, they could improve their deposit options as the choices are quite limited.

Positive

2024-06-17

小天38510

Hong Kong

CXM Direct is a platform suitable for both novice and experienced traders, with low deposit threshold and good trading conditions. Friends recommended it to me many times, and I chatted with customer service, and I am quite confident. First open a basic standard account and see the situation!

Positive

2022-12-15

FX1160300192

Japan

What really attracted me is that the cent account on this platform only costs $10, which is very user-friendly. In addition, scalping and hedging are allowed, there is no overnight interest, and wireless leverage is also available. I've been trading EURUSD for two weeks now with a cent account and it's been fine.

Positive

2022-12-14

9
Account Information
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Benchmark

Average transaction speed(ms)
824 Poor
The highest transaction speed(ms)
46 Great
The highest speed of opening positions(ms)
47 Perfect
The highest speed of closing position(ms)
46 Great
The lowest speed of opening positions(ms)
1985 Poor
The lowest speed of closing position(ms)
1985 Poor
23.81USD/Lot Poor
26.67USD/Lot Perfect
Long: -5.54USD/Lot    Short: 3.11USD/Lot Great
Long: -34.22USD/Lot    Short: 2.77USD/Lot Poor
Average slippage
-0.7 Perfect
Maximum transaction slippage
29 Poor
Maximum positive slippage
-6 Perfect
Maximum negative slippage
29 Poor
Average disconnection frequency (times/day)
0.6
Average reconnection time (millisecond/per request)
294.5
Ranking: 98 / 119
Test user 491
Orders 403,401
Ocuppied margin $248,468 USD
Data Source
WikiFX Data provide
Updated: 2025-02-20 01:00:00

Website

  • cxm.com

    Server Location

    United States

    Website Domain Name

    cxm.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    1996-12-05

    Server IP

    104.18.19.205

  • vi-cxmdirect.com

  • vietcxmdirect.com

Company Summary

Broker NameCXM Direct
Registered inUnited Kingdom
Year(s) of establishment2015
RegulationsFCA(Exceeded)
Trading InstrumentsCryptos, Energy, Forex, Indices, Baskets, Metals, US/EU Stocks
Account TypesCent, ZERO, FIX API, Standard, and ECN
Minimum Initial Deposit$5
Maximum Leverage1:Unlimited
Minimum Spread0.0 pips
Trading PlatformMT4 & MT5
Deposit and withdrawal methodMore than 10, including 1-2 Pay, 5Pay, AwePay, DNB, FasaPay, Help2Pay, Local Banks
Customer ServiceCustomer Servicesupport@cxmdirect.comMarketingmarketing@cxmdirect.comSalessales@cxmdirect.com

CXM Direct Review Infoprmation

CXM Direct is a UK-based brokerage established in 2015. With a range of account types, including Cent, ZERO, FIX API, Standard, and ECN, and a minimum deposit of just $5, CXM Direct provides flexibility and competitive spreads starting from 0.0 pips. The broker offers unlimited leverage and SWAP-free trading. Trading is facilitated on MT4 & MT5 platforms, and investors can benefit from competitive trading conditions.

CXM Direct Review Infoprmation

Regulatory Status

CXM Direct is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, under the Investment Advisory License (License No. 966753). Its current regulatory status is exceeded.

Regulatory Status

Market Instruments

CXM Direct offers over 200 CFD instruments across 8 asset classes, providing exceptional trading conditions.

Market Instruments

Account Types

CXM Direct offers a range of accounts with flexible deposit requirements and leverage options, supporting various instruments like FX, Metals, CFDs, Cryptos, and Stocks. All accounts allow EAs, scalping, and hedging, with no overnight swap fees or trading restrictions.

CentZEROFIX APIStandardECN
Starting Deposit$10$1,000$50,000$50$100
InstrumentsFX, Metals, CFDs, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, StocksFX, Metals, CFDs, Cryptos, Stocks
Overnight Swap FeesNoNoNoNoNo
EAs, Scalping, HedgingYesYesYesYesYes
Minimum Lot Size0.01 Lots FX0.01 Lots FX0.01 Lots FX0.01 Lots FX0.01 Lots FX
Margin Call / Stop Out50% / 30%50% / 30%50% / 30%50% / 30%50% / 30%
Max Leverage1:20001:10001:300 (FX, Gold, Silver)1:Unlimited1:Unlimited
Managed Accounts/Copy TradingYesYesNoYesYes
Min Order Distance00000
Trading RestrictionsNoNoNoNoNo

CXM Direct Platform

CXM Direct provides both MT4 and MT5 platforms, available for desktop, mobile, and web use, offering convenient trading experience across multiple devices.

PlatformAvailable forDownload Links
MT4 PlatformDesktop, Laptop, Mobile
Linux OS✔️
Windows✔️
Android✔️
Web Terminal✔️
iOS✔️
MAC OS✔️
QR Codes✔️
MT5 PlatformDesktop, Mobile
Windows✔️
Android✔️
iOS✔️
Web Terminal✔️
QR Codes✔️
CXM Direct Platform
CXM Direct Platform

Deposit & Withdrawal

CXM Direct offers 15 deposit methods and 13 withdrawal methods, with different currencies, processing times, and minimum amounts.

Deposit & Withdrawal
MethodCurrencies (Deposit)Processing Time (Deposit)Commission (Deposit)Minimum Amount (Deposit)
1-2 PayTHB00100
5PayVA VND, F2F VND, VA MYR, VA MYR LD, F2F MYR, F2F MYR LD, C2C USDT00100-30000
AwePayIDR, VND, VA IDR0040-100000
DNBLAK, MMK, KHR, KHR USD005-94000
FasaPayUSDInstant015 USD
Help2Pay----
Local BanksMYR, IDR, VND, THBInstant015 USD
NexusBTC, BCH, ETH, USDC, XRP, USDT TRC, USDT ERC, LTC005-100
OmPayIDR, IDR QRIS, VND, MYR, MYR FPX, MYR LD, MYR FPX LD, SGD, THB0050-100000
Other CryptosBTC, ETH, BCH1 Working Day0100 USD equivalent
Payment AsiaPHP002500
Perfect MoneyUSDInstant0Contact Account Executive for details
USDT (Tether)USDT (Tether)1 Working Day0100 USD equivalent
MethodCurrencies (Withdrawal)Processing Time (Withdrawal)Commission (Withdrawal)Minimum Amount (Withdrawal)
1-2 PayTHB00100
5PayVA VND, VA MYR, VA MYR LD, F2F MYR, F2F MYR LD, F2F VND0040-30000
AwePayVND, MYR0040-100000
DNBLAK, MMK, KHR, KHR USD005-94000
FasaPayUSD1 Working Day015 USD
Help2PayMYR, VND, IDR VA0050-300000
Local BanksMYR, IDR, VND, THB1 Working Day015 USD
NexusBTC, BCH, ETH, USDC, XRP, USDT TRC, USDT ERC, LTC005-100
OmPayIDR, IDR VA, VND, MYR, MYR LD, SGD, THB0050-100000
Other CryptosBTC, ETH, BCH1 Working Day0100 USD equivalent
Payment AsiaPHP002500
USDT (Tether)USDT (Tether)1 Working Day0100 USD equivalent

Keywords

  • 10-15 years
  • Regulated in United Kingdom
  • Investment Advisory License
  • MT4 Full License
  • MT5 Full License
  • Global Business
  • Suspicious Overrun
  • Medium potential risk

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