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Rating Index

Pros

CXM Trading offers a wide range of trading instruments, including forex, cryptocurrencies, metals, and CFDs, providing flexibility for traders.

The broker has competitive trading conditions with low minimum deposits and the option for unlimited leverage, making it accessible for various trader profiles.

CXM Trading is regulated by the Financial Conduct Authority (FCA) in the UK, which adds a level of credibility and security for clients.

Cons

Customer support has been reported as slow and unresponsive, leading to frustration during critical trading moments.

The spreads on CXM Trading can be wider compared to other brokers, potentially increasing trading costs and impacting profitability.

There are concerns regarding the depth and relevance of educational resources provided, which may not meet the needs of traders seeking comprehensive market analysis.

CXM Trading broker Accounts

CXM Trading Account Types

CXM Trading offers a variety of account types to cater to different trading needs and experience levels. The account types include:

Standard Account

Starting Deposit: $2,000
Instruments: FX, Metals, CFDs, Cryptos
Overnight Swap Fees: Yes
EAs, Scalping, Hedging: Yes
Minimum Lot Size: 0.01 lots FX
Margin Call / Stop Out: 100% / 50%
Max Leverage: 1:1000
Managed Accounts / Copy Trading: Yes
Trading Restrictions: No

ECN Account

Starting Deposit: $10,000
Instruments: FX, Metals, CFDs, Cryptos
Overnight Swap Fees: Yes
EAs, Scalping, Hedging: Yes
Minimum Lot Size: 0.01 lots FX
Margin Call / Stop Out: 100% / 50%
Max Leverage: 1:1000
Managed Accounts / Copy Trading: Yes
Trading Restrictions: No

Fix API Account

Starting Deposit: $50,000
Instruments: FX, Metals, CFDs, Cryptos
Overnight Swap Fees: Yes
EAs, Scalping, Hedging: Yes
Minimum Lot Size: 0.01 lots FX
Margin Call / Stop Out: 100% / 50%
Max Leverage: 1:200
Managed Accounts / Copy Trading: Yes
Trading Restrictions: No

Cent Account

Starting Deposit: $500
Instruments: FX, Metals, CFDs, Cryptos
Overnight Swap Fees: Yes
EAs, Scalping, Hedging: Yes
Minimum Lot Size: 0.01 lots FX
Margin Call / Stop Out: 100% / 50%
Max Leverage: 1:1000
Managed Accounts / Copy Trading: No
Trading Restrictions: No

Zero Account

Starting Deposit: $30,000
Instruments: FX, Metals, CFDs, Cryptos
Overnight Swap Fees: Yes
EAs, Scalping, Hedging: Yes
Minimum Lot Size: 0.01 lots FX
Margin Call / Stop Out: 100% / 50%
Max Leverage: 1:500
Managed Accounts / Copy Trading: Yes
Trading Restrictions: No

For more details on account types, visit CXM Trading Account Types.

CXM Trading Broker Account Opening Process

Opening an account with CXM Trading is straightforward and can be completed in a few steps:

Choose Account Type: Select the account type that best suits your trading needs from the available options.
Complete Registration: Fill out the registration form with your personal information.
Verification: Verify your identity by providing the necessary documentation as required by CXM Trading.
Fund Your Account: Make the initial deposit according to the selected account type:

Standard: $2,000
ECN: $10,000
Fix API: $50,000
Cent: $500
Zero: $30,000