Rating Index
Pros
CEMX offers a variety of trading instruments, including forex, CFDs, and commodities.
The broker provides access to the popular MetaTrader 4 trading platform, which is favored by many traders for its features and functionality.
CEMX has been in operation for over a decade, indicating a level of experience in the forex trading industry.
Cons
CEMX is unregulated, which raises concerns about the safety and security of traders' funds.
There have been reports of withdrawal issues and slow customer service responses, indicating potential reliability problems.
The broker has a limited range of trading assets compared to other brokers, which may not meet the needs of all traders.
CEMX broker Accounts
CEMX Account Type
CEMX offers a variety of trading accounts tailored to meet the needs of different traders. Currently, CEMX provides one type of real trading account and one demo account. However, specific details regarding the minimum initial deposit and leverage options have not been disclosed. The trading platform supports various financial instruments, including foreign exchange, precious metals (gold & silver), and Contracts for Difference (CFDs). It is important for investors to note that while CEMX claims to offer competitive spreads and low transaction costs, the lack of comprehensive details regarding account types may warrant caution.
CEMX Broker Account Opening Process
To open an account with CEMX, follow these steps:
Visit the CEMX Website: Navigate to CEMX International to access the account registration section.
Select Account Type: Choose between the real trading account and the demo account options available.
Fill Out the Registration Form: Complete the required registration form with your personal details, including name, contact information, and any other necessary identification.
Submit Documentation: Provide any required documents as specified during the registration process. This may include proof of identity and address.
Account Approval: Wait for the verification process to be completed. This may take a short period, and you will receive a confirmation email once your account is approved.
Fund Your Account: After approval, deposit funds into your trading account. Note that the minimum deposit information is currently unspecified.
Start Trading: Once your account is funded, you can begin trading using the CEMX trading platform.
It is advisable to review the terms and conditions carefully before proceeding with the account opening process.
CEMX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.