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Cex Pro FX

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://cexprofx.com

Website

Rating Index

Contact

+447458196163
support@cexprofx.com
https://cexprofx.com
33 St. James's Square, London, SW1Y 4JS, United Kingdom

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2023-12-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Cex Pro FX · Company Summary

General Information & Regulation

Cex Pro FX is an online broker registered in UK/Estonia/Gibraltar. Cex Pro FX and their company CEX Limited claim to be regulated by the Gibraltar Financial Services Commission, but that is simply not true. In fact, Cex Pro FX is not subject to any regulation.

Market Instruments

Only crypto currencies available as tradable assets. No matter whats the website might claim there are only crypto assets to be traded with.

Minimum Deposit

The minimum deposit requirement at Cex Pro FX appears to be 250 EUR, but since they are unregulated scammers anyway, traders had better not open trading accounts here.

Leverage

No information about leverage levels is disclosed.Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Trading Platform Available

The trading software used by the broker is actually not a trading platform but a kind of a menu of cryptocurrency assets that users click on and are redirected to their own small charts. We have attached a small image underneath so that you can see what we mean.

image.png

Deposit & Withdrawal

There is no minimum deposit requirement revealed, while the payment methods according to the policy are credit cards, wire transfer, and a bunch of alternative methods. Credit cards withdrawals are charged a $35 fee. Bank transfer withdrawals are commissions by $25. And the other Undisclosed methods are charged by $25. Users that do not trade a 250 in turn over the requirement. The minimum withdrawal processing time is between 5 and 7 days.

Broker Information

Company Name

CEX Limited

Company Abbreviation

Cex Pro FX

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company
  • +447458196163

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • 33 St. James's Square, London, SW1Y 4JS, United Kingdom

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@cexprofx.com

Company Summary

User Reviews

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2

Comments

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杨 淦
more than one year
An offshore broker is not subject to any regulation. Only cryptocurrency trading is available, there is no real trading platform, no information about trading conditions, and the minimum deposit is $250, like most brokers. But there are still many brokers who offer mini and micro accounts with lower thresholds.
2023-03-20 14:01
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0
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领头雁
more than one year
My orders keep being rejected and "Their team has been trying to fix the problem and it is taking longer than anticipated", is their answer. Longer is more than 3 months that I have been with them.
2023-03-03 15:47
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