Global Broker Regulation Inquiry App
WikiFX
Ashraf Shahhat 
1-2 years
Is CXM regulated?
Broker Issues
Regulation
01-03
United States
WikiFX
Reply
CXM is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding an Investment Advisory License (License No. 966753). However, its regulatory status is listed as "General Registration," which means that while CXM is registered, it does not have full authorization to conduct regulated activities under the FCA’s oversight. This status raises concerns for me as a trader because it means that CXM may not offer the same level of investor protection typically associated with fully authorized brokers. Despite the availability of CXM stock, forex, and crypto instruments, this limited regulatory status poses a risk for traders looking for a safe and secure platform.
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