Warning: United Kingdom FCA regulation (license number: 232015) is verified as a clone firm. Please pay attention to the risk!
Reviewed broker: CIX Markets
CIX Markets launched in 2015
Operated by City Credit Capital UK Ltd
Location: 12th Floor, 110 Bishopsgate, London EC2N 4AY
Regulation: fully authorised and regulated in the United Kingdom by the Financial Conduct Authority (formerly the Financial Services Authority) under licence number 232015.
Segregated accounts: All client money is held in a segregated account with HSBC. As a UK-based brokerage, CIX Markets must comply with strict requirements and adhere to the highest regulatory standards.
USA Traders: City Credit Capital (UK) Limited does not accept US customers.
Trading Instruments: CIX Markets offers trading in over 55 currency pairs and a number of indices, commodities and interest CFDs
Advantages of CIX Markets
- 24 hour market access and client support
- Transparent, competitive pricing
- Flexible, fractional size lots
- Competitive spreads and zero commission
- Easy to use
- FCA Regulated
- Free daily technical research
- High trading leverage
CIX Markets Trading Conditions and Features
Hedging: allowed. You can take long and short positions at the same time on the same product.
With CIX Markets you can always manage your positions with our range of orders. We offer Limits, Stops, If-Done and Good till time orders.
There are a number of ways of managing or reducing risk associated with trading. You can add stops and limits, you can reduce your position, you can open a hedge trade.
CIX prides itself on the quality, speed and reliability of the execution that we offer to our clients. We are one of the best retail FX brokers where execution is concerned and the cutting-edge mechanisms and technology we have developed within our trading system has led us to collect awards for the standard of our Execution.
CIX Markets is a specialist FX and CFD broker in the retail FX market, offering clients the opportunity to trade the world’s most liquid markets through a broker who understands its client’s requirements.
CIX Trader is developed in-house by experts in FX trading and technology and delivers everything FX traders require. It is available as a mobile based or downloadable application. The system includes a Free News service, a Free Charting Package, Daily Market Briefings and Free Technical Analysis from Trading Central.
CIX Markets execution policy gives clients no re-quotes, complete price transparency and fixed spreads on the most liquid products with no dealing desk intervention. Our prices are calculated from the market price that our electronic trading system receives from the underlying Exchange or our Tier 1 bank liquidity providers. There is no dealer intervention on the prices you see or the prices your orders are filled at
CIX Markets offers competitive spreads, financing and initial margins to our global client base in over 55 FX pairs and will increase this number to meet future client demand for certain currency pairs. We offer fixed spreads in the most liquid currency pairs and variable spreads in the less liquid pairs.
Maximum leverage is up to 1:200.
Micro lots are not available for trade with this broker
CIX Markets Trading Platforms
- MT4 – THE WORLD’S MOST POPULAR PLATFORM
- CIX TRADER – OUR PROPRIETARY PLATFORM
- METATRADER MOBILE AND CIX MOBILE
- TRADE ON PC, IOS OR ANDROID
CIX Trader has already developed a loyal following among traders, who demand an added level of market resolution and transparency designed specifically for retail traders.
Our sophisticated online trading platform is a fast, secure and flexible way to trade today’s markets. Once logged in, you will have 24/5 access to a broad range of liquid financial trading instruments including Foreign Exchange, Equity Indices, Precious Metals and Commodities. CIX Trader platform is highly customizable enabling you to design your own layouts and many other features which will let you appreciate the traditional look of a desktop platform giving you more control over the information you can view. CIX Trader is the latest downloadable platform with improved reliability, speed and charting, it delivers a whole new level of trading functionality, plus specialist features for our more advanced traders. CIX Trader applies our expertise in liquidity and order flow management to a broad range of instruments and trading functionalities, whilst demonstrating our dedication to client service of the highest quality. The result is a secure, robust and user friendly solution for any trading environment. CIX Trader is also available as a mobile version on IOS tablet and Phones as well as Android tablets and phones.
The customisable nature of the CIX Trader desktop platform means traders can create their own preferred trading layouts. Together with a professional charting package and numerous risk management tools, the platform offers an extremely comprehensive trading environment for all experience levels.
TECHNICAL ANALYSIS AND CHARTING PACKAGE
- ADVANCED PROFESSIONAL CHARTING PACKAGE
- 20 TECHNICAL INDICATORS INCLUDING SMA, MACD, BOLLINGER BANDS AND RSI
- ACCESS TO TRADING CENTRAL TECHNICAL ANALYSIS
- MONITOR AND MANAGE YOUR OPEN POSITIONS IN REAL TIME
- AMEND EXISTING STOPS AND LIMITS
- RECEIVE BID/ASK QUOTES IN REAL TIME
- PLACE MARKET, LIMIT AND STOP ORDERS
- TRADE WHOLE OR FRACTIONAL LOTS
- REAL-TIME NEWS FEED FROM DOW JONES DIRECTLY TO YOUR DESKTOP
MetaTrader 4 is one of the most popular CFD and FOREX trading platforms in the world. It provides the necessary tools and resources to analyse price dynamics of financial instruments, make the trade transactions, create and use automated trading programs (Expert Advisors).
Meta Trader 4 Order Types:
Please refer to CIX Trader Order Types, the only difference being that only Good Till Cancelled (GTC) Order Duration are accepted via MT4.
Cix Markets Accounts
Applying for a live trading account with CIX MARKETS is free, simple and straightforward. In just a few easy steps, you could be trading the world’s financial markets, 24 hours a day, 5 days a week. You can fund your account from a selection of three currencies; GBP, USD and EUR.
Available payments options include Credit and Debit cards (Visa Credit, Visa Debit, Mastercard, Maestro, Solo and Switch cards), Bank Wire and the most popular e-wallets among FX brokers – Skrill & Neteller.
Minimum deposit requirement is $500 which is extremely high compared to other forex Broker such as Liteforex, Octafx, Instaforex, XM, Avatrade and regulated brokers with initial deposits vary from $1 to $200.
How was the rating of CIX Markets performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on CIX Markets FX broker performance and features.
Overall our online CIX Markets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online CIX Markets or you find inaccurate details CIX Markets broker review please get in touch with us and the changes will be applied.