CIX Markets was the previous name of City Credit Capital or CCC UK broker, a well-known larger brokerage firm that provides online trading services to regular customers, institutions, and professionals.
Negatives include the lack of 24-hour support and the fact that the instruments are confined to CFDs.
CIX Markets may be trusted because it is FCA certified.
The FCA has tight protocols in place to ensure that client assets are separated and protected, as well as protection from broker bankruptcy under the Financial Services Compensation Scheme (FSCS).
Because the authority regulates the treatment of clients at every stage of the transaction, CIX Markets is supposed to maintain transparency and a fair trading environment devoid of fraud.
City Credit Capital, a significant brokerage firm with a large capitalization and a long track record of operations, owns CIX Markets. Because of its prestigious position in the industry, it gives an extra layer of assurance.
CIX Markets sponsors Tools CCC, which has specialized in Forex and CFD trading since 2004. In 2015, CIX Markets was established to assist the company in expanding its trading capabilities.
CCC has created a retail trading capability to trade a wide range of items, including CFDs and Forex, after achieving high levels of client satisfaction with institutional trading.
When trading with CIX Markets, you can employ high leverage to potentially improve your profits by allowing you to build several account balances. You must, however, know how to use leverage wisely, as misuse can be dangerous.
The leverage limitations of CIX Markets, as a fully licensed broker, are set by regulatory restrictions as well as the instrument you trade.
To safeguard average traders, the FCA recently passed laws lowering leverage requirements. On major currencies, you can now utilize up to 1:30 leverage, 1:20 leverage on smaller currencies, and 1:10 leverage on commodities.
You can deposit funds into your account using the secure client area, and then make a money transfer via bank transfer, credit card payments, or the e-wallets Neteller and Skrill.
The minimum deposit at CIX Markets is $500, which is a fair amount considering the instruments’ margin, which allows you to trade nearly any asset. This will make funding easier, even if you simply have the option of selecting a base currency from a list of possibilities.
Deposits and withdrawals are free at CIX Markets, as are major bank transfers and credit cards. This means the broker does not charge any processing costs; nevertheless, additional fees may apply depending on the payment provider owing to country-specific transfer restrictions.
Because CIX Markets is committed to assisting traders, it also offers educational resources, in-depth research, and daily news updates, which is a significant benefit. Despite this, CIX MArkets’ diverse offering allows traders of all sizes to participate in the market, including specialists’ access to PAMM / MAMM technology and end-to-end asset trading.
CIX Markets, being part of the well-known and well-established CCC organization, clearly offers enormous opportunities for traders of all sizes and abilities. Because of its low expenses, excellent technological optimization, and trading solution, CIX Markets distinguishes out. You can also rest assured that your money is safe.