What is CIXMarkets.com?
CIXMarkets.com is an online broker that offers forex and CFD trading. They are based in the Marshall Islands and are owned by GoldTech Media Services Ltd. The company is not regulated by any financial authority.
The broker offers the MetaTrader4 (MT4) platform for trading. They have a maximum leverage of 1:500 and a minimum deposit of $100. The spread on EUR/USD is 3 pips.
The account types offered are Micro, Standard, and VIP. The VIP account requires a minimum deposit of $50,000. The standard account has a minimum deposit of $5,000. The micro account can be opened with as little as $100.
CIXMarkets does not accept clients from the United States.
Is CIXMarkets a Legit or Scam?
When it comes to online trading, there are a lot of different options to choose from. CIXMarkets is one such option, and it claims to be a great way to make money online. But is CIXMarkets a legit or scam? Does accept USA traders?
We took a close look at CIXMarkets to see what they have to offer and whether or not they are a reliable option for online trading. Here’s what we found:
CIXMarkets is a web-based trading platform that offers a variety of financial instruments for trade, including forex pairs, CFDs, and cryptocurrency. They are based in the Marshall Islands and are regulated by the IFMRRC.
CIXMarkets does accept USA traders, and they offer a demo account so you can test out their platform before risking any real money.
The minimum deposit for a live account is $250, and the minimum trade size is 0.01 lots. Leverage is up to 1:500 for forex pairs and 1:200 for CFDs. Spreads are variable but start at 0 pips on major forex pairs.
Overall, we found that CIXMarkets is a legitimate option for online trading. They are regulated by the IFMRRC and offer a demo account so you can test out their platform before committing any real money.
Does CIXMarkets Accept USA Traders?
Yes, CIXMarkets accepts USA traders. In addition to its online trading platform, CIXMarkets also has a presence on social media platforms such as Facebook and Twitter. The company is headquartered in the Republic of Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
The Different Types of Accounts Offered
CIXMarkets.com offers several different types of accounts, each with its own benefits and features. The different types of accounts offered are:
1. Standard Account: The Standard Account is the most basic account type offered by CIXMarkets.com. It requires a minimum deposit of $250 and gives users access to the CIX Markets platform and all of its features. This account type does not offer any bonuses or special perks.
2. Gold Account: The Gold Account is the next level up from the Standard Account. It requires a minimum deposit of $2500 and gives users all of the features of the Standard Account, plus some additional benefits. These include a personal account manager, daily market analysis, and exclusive access to certain webinars and events.
3. Platinum Account: The Platinum Account is the highest level account offered by CIXMarkets.com. It requires a minimum deposit of $5000 and gives users all of the features of the Gold Account, plus even more additional benefits. These include VIP customer support, private sessions with market analysts, and invitations to exclusive events around the world.
The Trading Platforms Available
When it comes to the trading platforms available at CIXMarkets.com, there are two main options: the WebTrader and the MetaTrader 4 (MT4).
The WebTrader is a web-based platform that is designed to be user-friendly and accessible from any internet browser. It is a great option for those who want to trade on the go or who don’t want to download any software.
The MT4 is a more traditional trading platform that can be downloaded and installed on your computer. It offers more advanced features and tools than the WebTrader, making it a better choice for experienced traders. It is also compatible with a wide range of third-party software, so you can customise your trading experience to suit your needs.
The Assets Available to Trade
When it comes to online trading, the main thing that you need to consider is the assets available to trade. CIXMarkets offers a wide range of assets for its traders, which include commodities, indices, stocks, and currency pairs. This makes it one of the more versatile platforms out there when it comes to the types of trades that you can make.
One thing to note is that not all assets are available to all traders. For example, US-based traders will not be able to trade certain commodities and stock options due to regulatory reasons. However, CIXMarkets does offer a decent selection of assets for US-based traders, so you should still be able to find plenty of opportunities to trade.
Conclusion
CIXMarkets.com is a trading platform that offers a variety of assets for trading, including forex, stocks, commodities, and cryptocurrencies. The platform is available to traders from all over the world, including the United States. While the platform does have some features that make it attractive to traders, there are also some potential red flags that should be taken into consideration before signing up for an account. Overall, we would recommend doing further research on CIXMarkets.com before making a decision to open an account with them.