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/10

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 : 2024-03-29
  • 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

NOTE: Cex Pro FXs official site - https://cexprofx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Cex Pro FX Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Minimum Deposit EUR 250
Customer Support Tel: +447458196163
Email: support@cexprofx.com

What is Cex Pro FX?

Cex Pro FX is a forex trading platform registered in the United Kingdom, offering trading services to individuals interested in the foreign exchange market. The firm claims it wants to transform the lives of traders. However, Cex Pro FX is not regulated by any financial authority.

Cex Pro FX

Pros & Cons

Pros Cons
N/A
  • No Regulation
  • Non-functional Official Website
  • Lack of Transparency

Cons:

  • No Regulation: Cex Pro FX operates without regulation from financial authorities, raising concerns about its transparency and accountability.

  • Non-functional Website: Users face issues accessing important information or services due to the official website's non-functionality.

  • Lack of Transparency: Cex Pro FX provides limited and unclear information about its services, fees, and trading conditions, making it challenging for potential investors to make well-informed decisions.

Is Cex Pro FX Safe or Scam?

As Cex Pro FX is not regulated by any financial authority, there is a higher risk associated with trading on this platform. Additionally, the lack of a functional official website and opaque indicate high risks in its legitimacy and financial safety. While we cannot definitively point out Cex Pro FX as a scam, the overwhelming evidence suggests it is highly unsafe and unreliable.

No license

Trading Platforms

The platform provides a web trader interface. But it 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.

web trader

Deposits & Withdrawals

Cex Pro FX requires a minimum deposit of $250 to start trading on their platform, which can be made using credit cards according to their alleged payment methods. For accounts that remain inactive for 3 months, Cex Pro FX deducts a 10% levy, which serves as a fee for maintaining the account.

Additionally, if a user accepts these bonuses from Cex Pro FX, they must meet a turnaround volume of 200. Failure to meet this requirement will result in a 10% deduction from the withdrawal amount.

Customer Service

Cex Pro FX provides customer support through telephone and email. They can be contacted at +447458196163 or via email at support@cexprofx.com.

Conclusion

Cex Pro FX raises significant red flags due to its lack of regulation, the non-functional website, and limited transparency. The high minimum deposit and potential inactivity fee further increase the risk.

For your financial safety, we suggest you avoid Cex Pro FX and choose well-regulated brokers with transparent practices and reputable track records.

Frequently Asked Questions (FAQs)

Q: Is Cex Pro FX regulated?

A: No.

Q: What is the minimum deposit required to start trading with Cex Pro FX?

A: The minimum deposit required is EUR 250.

Q: What is the withdrawal fee of Cex Pro FX?

If you accept trading bonuses, you must meet a turnaround volume of 200. Failure to meet this requirement will result in a 10% deduction from the withdrawal amount.

Q: What trading platform does Cex Pro FX offer?

A: Cex Pro FX offers a web trader interface, but it primarily redirects users to cryptocurrency assets with their own small charts.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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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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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User comment

3

Comments

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FX1614032701
more than one year
The moment I stepped in, they were nudging me to deposit a bare minimum of 500 USD, alluring me with the promise of low spreads and solid profits. Naive as I was, I plunged in, only to be met with gut-churning customer service, a trading platform as temperamental as a cranky toddler, and slippages that would rival a yardstick! Looking back, I can't help but regret. My hard-earned cash has taken a quite plundering and, quite frankly, I feel blindsided.
2024-02-05 18:41
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0
0
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
0
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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0
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