Score

1.52 /10
Danger

CXMarkets

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.06

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

CX Futures Exchange, L.P.

Company Abbreviation

CXMarkets

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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CXMarkets · Company summary
CXMarkets Review Summary
Founded1999
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsWeather-related financial protection products
Customer SupportMonday - Friday, 9:00 AM to 5:00 PM ET
Tel: +1 877-300-4555; +1 212-829-5455
Email: customerservice@cantorexchange.com

CXMarkets Information

CXMarket is an unregulated broker offering a specialized platform for trading weather-related financial products, including rain, snow, temperature, and landfall contracts. They provide various fee schedules, with no fees for application, deposit, or withdrawal.

CXMarkets Information

Pros and Cons

ProsCons
No application or deposit/withdrawal feesLack of regulation
Specific products for weather risk
Long operation time
Various channels for customer support

Is CXMarkets Legit?

CXMarkets is an unregulated broker. The WHOIS search shows the domain cxmarkets.com was registered on August 02, 1999. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar. Therefore, please be aware of the risks!

CXMarkets license
CXMarkets domain

CXMarkets Products and Markets

CXMarkets offers a trading platform and API access for weather-related financial protection products, providing market information, trade execution, and clearing/settlement services.

CXMarkets products

CXMarkets Fees

  1. General Fee Schedule
Types of FeesFee Amount
Application Fee
Deposit & Withdrawal Fee
Monthly Inactive Account Fee$2 (suspended after August 1, 2020)
account fees
  1. Weekly Rain Markets Fee Schedule
Trading Fees (on all completed trades)Fee Amount (per contract)
Executed Buy Order
Executed Sell Order$0.02
Settlement Fees (on all open positions at contract settlement)Fee Amount (per contract)
All settlements
trading fees
  1. Forex & Metals Markets and Monthly Rain Markets Fee Schedule
Trading Fees (on all completed trades)Fee Amount (per contract)
All Market Orders
Limit Orders that execute at the market
Other limit orders$0.01
Settlement Fees (on all open positions at contract expiration)Fee Amount (per contract)
Out-of-the-money settlements
In-the-money settlements$0.01
trading fees
  1. Daily Rain, Snow, Temperature, and Landfall Markets Fee Schedule:
Trading Fees (on all completed trades)Precipitation and Temperature Contracts: Trading Days Prior to Final SettlementLandfall Contracts: Storm Status Relative to Chosen Strike Code's Landfall PointsFee Amount (per contract)
All Bids **7Storm name has not yet been assigned by NHC$0.02
6Storm named, but outside of locations listed below$0.03
5Within 198 miles of 120-hour storm forecast location$0.04
4Within 151 miles of 96-hour storm forecast location$0.05
3Within 103 miles of 72-hour storm forecast location$0.06
2Within 74 miles of 48-hour storm forecast location$0.08
1Within 56 miles of 36-hour storm forecast location$0.10
Daily Rain, Snow, Temperature, and Landfall Markets Fee Schedule

News

Exposure5 Alarming Reasons Why Investing in CXMarkets Could Cost You Big

CXMarkets can make a big hole in your pocket if you choose it. Pay attention and learn the 5 reasons why CXMarkets is a red flag.

WikiFX
2025-07-01 18:16
5 Alarming Reasons Why Investing in CXMarkets Could Cost You Big

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User comment

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Comments

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山河59849
more than one year
They provide excellent services and I would recommend CXMarkets to any trader looking for a reliable company with excellent multilingual support and good trading conditions.
They provide excellent services and I would recommend CXMarkets to any trader looking for a reliable company with excellent multilingual support and good trading conditions.
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2022-12-20 12:31
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