Brief informationCcxtrade
Digital broker Ccxtrade claims to be a leading platform with a wide range of financial instruments and access to an advanced trading terminal.
The company claims to have entered the market more than 10 years ago, but does not disclose the exact year of its launch and does not publish a roadmap. The address of the broker's headquarters is listed in the footer of the official website ccxtrade.com — 7 Harewood Ave, London. However, the financial agent does not provide its registration certificate as confirmation.
The Ccx Trade broker states that it holds license No. 974662 issued by the FCA. However, no copy of the document can be found on the website.
The intermediary offers the only channel of communication with support — email support@ccxtrade.com. There is no hotline phone number.
Ccx Trade trading terms
The company announces the possibility of trading on Forex and working with CFDs on:
shares;
precious metals;
ETF;
cryptocurrencies.
Broker Ccx Trade claims to keep user funds in segregated accounts. However, the company does not provide a license with a corresponding mark, confirmation from the bank or an auditor's report.
The website ccxtrade.com also mentions free insurance of client funds; however, it does not specify what exactly is covered or who regulates the protection.
The trading terminal is declared as proprietary software, but its functionality and features do not have a detailed description and are not supported by a manual or screenshots.
Trading accounts at Ccxtrade
The Ccxtrade broker does not disclose its financial rates. The platform does not report the minimum deposit, leverage and additional functionality. Contract specifications (spreads, swap commissions, stop out, margin call, commissions, trading hours, etc.) are also not covered. Information about the possibility of using a demo account is also missing.
Registration and personal account on ccxtrade.com
The platform requires the following data to be entered in the form:
first and last name;
country of residence;
phone number and email address;
password with confirmation.
After registration, you can immediately go to your Ccxtrade personal account, where you will need to verify your identity.
Deposits and withdrawals with Ccx Trade
The broker claims that it has connected the following payment methods for depositing and withdrawing money from Ccxtrade:
plastic cards;
electronic payments;
bank transfers;
crypto wallets.
At the same time, the company does not provide a clear description of the regulations for the operations: duration of deposits and withdrawals, limits and fees charged. This information can be obtained from support or in your Ccx Trade personal account.
Conclusion about Ccxtrade
This company does not have sufficient grounds to call itself a legal broker. The intermediary claims long-term work experience. At the same time, it hides its trading conditions and settlement policy. There are no contracts or licenses on the site, which is fraught with hidden commissions, manipulations with the terminal operation and other investment risks. Reviews of Ccxtrade will help you to better assess the prospects for cooperation with the broker.
