Score

1.44 /10
Danger

CXM Prime

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.50

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

CXM Prime

Company Abbreviation

CXM Prime

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 966753) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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CXM Prime · Company summary

Note: CXM Prime's official website: https://www.cxmprime.com/ is currently inaccessible normally.

CXM PrimeReview Summary
Founded2018
Registered Country/RegionUnited Kingdom
RegulationFCA(Suspicious Clone)
ServiceFinancial solutions
Customer SupportContact form
Tel: +44 2038350764
Email: info@cxmprime.co.uk
Address: Office No. 318, 15 St Helens Place, London, EC3A 6DQ

CXM Prime Ltd. is a financial services provider dedicated to serving institutional and professional clients globally. Established in 2018 in the United Kingdom, the company operates under a suspicious clone license from the Financial Conduct Authority (FCA) in the UK and offers financial solutions. The company also emphasizes advanced technology to support liquidity and trading capabilities.

CXM Prime's homepage

Pros and Cons

Pros Cons
Offer tailored financial servicesSuspicious clone FCA license
Technology-driven approachLack of transparency

Is CXM Prime Legit?

No, CXM Prime has the sole authority of a suspicious clone license of the Financial Conduct Authority (FCA), bearing the license number 966753 in the United Kingdom. Traders should carefully consider the risks it brings when choosing to trade with it.

Regulatory Status Suspicious Clone
Regulated by Financial Conduct Authority (FCA)
Licensed Institution CXM Prime Ltd
Licensed TypeInvestment Advisory License
Licensed Number966753
Suspicious Clone FCA license
Domain information

News

NewsCXM Prime Acquires FCA License, Appointed Muinmos Ashraf Agha As CEO

CXM Prime, a forex and CFD broker located in London and part of the CXM Group of Companies, said on Tuesday that the UK Financial Conduct Authority (FCA) has allowed it to offer brokerage services in the country. With the clearance, the broker said that it would deliver top liquidity and trading experience to its consumers.

WikiFX
2022-12-28 14:17
CXM Prime Acquires FCA License, Appointed Muinmos Ashraf Agha As CEO

User Reviews

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User comment

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FX1305842923
more than one year
CXM Prime is definitely behind the manipulation of traders' accounts. The difference between their price of JPY and the price of the market is very large. When I tried to defend my rights, the customer service continued to shirk responsibility.
CXM Prime is definitely behind the manipulation of traders' accounts. The difference between their price of JPY and the price of the market is very large. When I tried to defend my rights, the customer service continued to shirk responsibility.
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2023-03-02 17:17
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