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No Regulation
Score
1.54 /10
Danger
CX Financials
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index7.22
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
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Warning: Low score, please stay away!
Previous Detection :
2025-01-03
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| CX Financials Review Summary | |
| Founded | 2018 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Over 34 forex pairs, CFDs in gold, silver, and oil |
| Demo Account | N/A |
| Leverage | Up to 1:100 |
| Spread | From 2.5 pip |
| Trading Platform | MetaTrader 4 (MT4) |
| Min Deposit | $100 |
| Customer Support | Email: info@cxfinancials.comPhone: +441905570949 |
CX Financials Information
Founded in 2018 and headquartered in the United Kingdom, CX Financials offers traders over 34 FX pairs and commodity CFDs. It provides more than 34 numbers of forex pairs and CFDs in gold, silver, and oil. Popular MT4 is the trading platform recognized by CX Financials.
Pros and Cons
| Pros | Cons |
| MT4 trading platform | Unregulated state |
| Multiple Account Types | Inaccessible official website |
Is CX Financials Legit?
CX Financials is unregulated by any formal institutions.
What Can I Trade on CX Financials?
CX Financials offers various trading instruments to clients, including more than 34 forex pairs (foreign currencies such as Swedish Krona, Norwegian Krone, Turkish lira and Russian ruble) and CFDS for gold, silver and oil.
| Tradable Instruments | Supported |
| Commodities | ❌ |
| Forex | ✔ |
| Currencies | ❌ |
| CFDS | ✔ |
| Stocks | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
CX Financials offers five live account types, namely Micro Account, Mini Account, Prime Account, Luxury Account, and Swap Free Account.
Micro Account: Requires a minimum deposit of $100, offers a maximum leverage of 1:100, and float spreads starting at 2.5 points.
Mini Account: Requires a minimum deposit of $500, offers a maximum leverage of 1:200, and floating spreads start at 2 points.
Gold Account: Requires a minimum deposit of $1000, offers a maximum leverage of 1:300, and floating spreads start at 1.5 points.
Luxury Account: Requires a minimum deposit of $5,000, offers a maximum leverage of 1:400, and floating spreads start at 1 point.
Swap-free Account: Requires a minimum deposit of $1,000, offers a maximum leverage of 1:100, and floating spreads start at 0.9 points.
| Minimum deposit | Maximum leverage | Spreads | |
| Micro Account | $100 | 1:100 | Starts from 2 pips |
| Mini Account | $500 | 1:200 | Starts from 2 pips |
| Prime Account | $1,000 | 1:300 | Starts from 1.5 pips |
| Luxury Account | $5,000 | 1:400 | Starts from 1 pips |
| Swap Free Account | $1,000 | 1:100 | Starts from 0.9 pips |
Leverage
The maximun leverage given by CX Financials is 1: 400, while the minimun one is 1:100, depending on the type of account.
CX Financials Fees
Floating spreads are based on account types ranging from 0.9 to 2.5 points.
The information about commissions is not mentioned.
Trading Platform
MT4 is the single platform chosen by CX Financials to serve clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
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