Basic Information:
CIX Markets Is The Industry's Leading Forex, Contracts For Difference And Spread Trading Broker. Founded In 1983, The UK Company Is An Industry Veteran With Over 30 Years Of Experience. The Company Has Expanded In Recent Years And Currently Has Offices In London, Dubai, Sydney, Shanghai, Hong Kong And Singapore.
Regulatory Information: License
Claims To Be Regulated By The UK Financial Marekt Conduct Authority (FCA). The Regulatory License Number Is 232015, Which Has Been Verified As A Deck.
Market
Corporate Clients Can Choose To Trade On The Cash Market, The CFD Market, Or Spread Betting. In Fact, They Offer An Extensive List Of Products, Including:
· 21 Market Indices
· 84 Currency Pairs
· 12 Bonds
· 25 + Commodities
· 5 Metals
· 4,500 + Global Stocks
Trading Fees
CIX Markets Offers Fixed And Variable Spreads Starting From 1 Pip For Major Currency Pairs Such As EUR/USD. FTSE 100 Index CFDs Are Around 3 Pips With A Crude Oil Target Spread Of $0.04. Brokers Do Not Charge Trading Commissions, But Swap Fees May Apply To Overnight Positions
Leverage
The Maximum Available Retail Leverage For The Forex Major Is 1:30, According To FCA Limits. Brokers Provide A Breakdown Of Margin Requirements In The Market Information Sheet. For Higher Leverage, Clients May Need To Turn To Offshore Suppliers, But This May Mean Less Regulatory Scrutiny And Limited Trader Protection.
Account Type
CIX Markets Offers A Single Live Account That Can Be Opened In Just A Few Steps. Traders Will Need To Submit Their ID And Proof Of Address. There Is No Strict Minimum Deposit Requirement, But Brokers Recommend An Initial Minimum Of $500. Minimum Trading Volume Is 0.1 Lot
Payment Method
CIX Markets Accepts Funds Via Bank Telegraphic Transfer, Credit/debit Cards (including Visa, MasterCard And Maestro) As Well As Skrill And Neteller. Deposits In GBP, EUR Or USD Are Available. Minimum Initial Deposit Is $500. Funds Generally Take 24 Hours To Clear.
Demo Account
Novice And Experienced Traders Can Test Their Skills For Free In The Broker's Trial Account With $50,000 In Demo Funds. CIX Markets Offers Full Access To The Trading Platform With Real-time Conditions For 4 Weeks. After A One-month Probation Period, Clients Have The Option To Sign Up For A Real Currency Account
Trading Platform
· CIX Trader
· Meta Trader 4
Trading Hours
Trading Hours For Forex And Some Commodities Are 24 Hours, From 22:30 (UK Time) On Sunday To 16:45 (New York Time) On Friday, With A Daily Trading Break Of 17:00 To 17:02 (New York Time). All Other Times Can Be Found On The Trading Platform Or In The Broker's Market Information Sheet.
Customer Support
You Can Contact CIX Markets24/5 Via Email, Phone Or Live Chat, Although We Are Unable To Connect To The Live Chat Service At The Time Of Writing. This Is A Problem As Many Vendors Offer Reliable Customer Support.
· Telephone - + 44 (0) 20 7614 4688
· Email - Customerservice@cixmarkets.com
· Office - 12th Floor, 110 Bishopsgate, London, EC2N 4AY
