CXM Review: Regulation, Licences & Platforms

CXM is a forex and CFD broker operating under the legal entity CXM Direct LLC and based in the United Kingdom. The broker maintains its website at cxm.com and offers access to markets through multiple regulated entities across several jurisdictions.

Regulation & licensing

CXM operates via multiple regulated entities:

• In the United Kingdom, the entity CXM Prime Ltd is authorised by the Financial Conduct Authority (FCA) under licence number 966753.
• In Seychelles, the entity CXM Group (SC) Ltd is regulated by The Seychelles Financial Services Authority (FSA) under licence number SD231.
• In Mauritius, the entity CXM GLOBAL is regulated by The Financial Services Commission (FSC) under licence number GB21026337.

Each entity operates under the oversight of its respective regulator in the jurisdiction listed above.

Trading platforms

CXM provides the following trading platforms:

• MetaTrader 4
• MetaTrader 5

Account types

The broker offers the following account types:

• ECN
• CENT
• STANDARD
• FIX API
• ZERO

Before opening an account, readers are advised to verify a broker’s licence directly with the named regulator to confirm its current status and the entity it applies to.