CXMTrading.com Review

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1 • 2 REVIEWS
Alchemy Prime Limited
Updated: Mar 23, 2024
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CXMTrading is a forex broker. CXM Trading offers the MT4 forex trading top platform. CXMTrading.com offers over 60 forex currency pairs, metals, indices, stock, energy, bitcoin and other cryptocurrencies for your personal investment and trading options.

CXMTrading.com is part of Alchemy Prime Limited group. Known members of this group include CXMPrime.com, AlchemyMarkets.com, AlchemyPrime.uk, CastleRockFX.com, FXPIG.com, CXMDirect.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1
Established: 2019
Address: Suite 305, Griffith Corporate Center, Beachmont Kingstown, Saint Vincent And Grenadines
Contact: support@cxmtrading.com
Regional offices:
Regulators: FCA #612233
Prohibited countries:
Trading platforms: MT4
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (60+)
Cryptocurrencies: (35+) Bitcoin, Litecoin, Ethereum
CFD: (25+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), Alipay, Bitcoin, Bitcoin Cash, Ether/Ethereum, Tether (USDT), UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Alipay, Bitcoin, Bitcoin Cash, Ether/Ethereum, Tether (USDT), UnionPay
* Please check broker website for more information
1 • 2 REVIEWS

Recent User Reviews of CXMTrading.com

L
LucasVN
Viet Nam, Viet Nam,
Dec 21, 2023,
Registered user

CXM deducted all profits from my accounts

Service use: Live
Today I have 2 accounts with CXM Trading: MT4: 477599 and MT5: 91619
I traded my two accounts and had profits this morning (12/21/23) and then you deducted all profits from my accounts
Account MT5:91619 you deducted 4584 USD and MT4:477599 you deducted 4370 USD. Then block the withdrawal portion of the account.
I hope this is some kind of mistake. And please return me the money you wrongly deducted from me
A transparent broker will not hold client funds. I hope that you will be a transparent broker to continue to have many customers
Thank you .

After I decided to wait for them to resolve, they decided not to pay my profits on all orders and replied that it was because I traded near closing time. One important thing is that in all the orders I traded earlier and were profitable, they also erased all my profits.
I advise you to stay away from this broker. They will just want you to lose and take all your money and when you win they will find a way to cancel your profits.
They say they are a liquidity house that pushes interbank orders (A Book). So the money I win from the transaction is they are appropriating the customer's winnings.
This proves that all the orders you trade will be retained by the exchange and they are the broker holding the customer's orders, not pushing the orders to the bank. They are the type of B book brokers who don't pay customers.
J
Jimmy Phung
HO CHI MINH, Viet Nam,
Apr 7, 2022,
Registered user

CXMTrading locks accounts and deletes customer profits

Service use: Live Length of use: 0-3 Months
My MT4 Account Number: 410605 - Sever: CXMDirect-Live. I deposit $1000. On Friday at the end of my session I traded Xauusd, the order was kept through the next week and I made a profit of $4998. When I made a withdrawal, CXM locked my account and interfered with my MT4 deleting all profits without giving any specific proof. I hope my review warns people so they don't continue to take money from other customers. Thank you..!
4 traders have found this review helpful