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CCXMarkets Review: an Obvious Scam


General Information
Broker Name: CCXMarkets
Broker Type: Forex
Country: St. Vincent and the Grenadines
Regulation:-
Address: Suite 305, Griffith Corporate Centre, Beachmont Kingstown, P.O. Box 1510, St. Vincent and the Grenadines
Broker status: Not regulated
Account
Minimum deposit ($): $300
Maximal leverage: -
Spread: -
Scalping allowed: -

CCXMarkets logo

Content of Table

  • General Information, Regulations and Licensing
  • Account Types
  • Trading services
  • Customer Service
  • Other Reviews
  • Conclusion

Writing a CCXMarkets review is a challenging endeavor, in that there is not much to say about this company. Reason for this being that, They have few to no information on their website regarding their operation. From what we do know is, that they are an offshore broker. This already on its own is basis for suspicion, as it is well known that offshore accounts are almost always impossible to hold accountable for misconduct. Because of this, any time a broker is offshore, there is a high probability that it is a scam. In addition to this, CCXMarkets does not seem to be regulated. This goes beyond dubious, because it is common practice for legitimate brokers to have a regulating body tied to it.

However, the final nail, so to say, in the coffin for CCXMarkets in this review is the their giver address. This address, which is: Griffith Corporate Centre, Suite 305, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines; is well known to be used by multiple scam broker companies. By this point it is a sure way of identifying such scam brokers as CCXMarkets.

 

Account Types

CCXMarkets has 8 different account types. However, very few information is given on the website as to what each one includes. When usually there is at least a bullet point summary of benefits and perks that the various account types might include, CCXMarkets does not provide with any relevant information and only names the increasingly expensive account types on its website. The vagueness of the information is in line with the rest of the profile of this obvious scam firm.

 

Other Information on The Broker

In case you are still curious what CCMarkets.com has to offer despite this review, then there are a few things that they do give information about. They claim to offer a surprisingly wide variety of pairs, which include some minor currencies as well. These include, USDBRL, USDTHB, USDZAR, USDTRY, USDSGD, USDMXN, USDPLN, USDILS, USDINR, USDKRW, USDRUB, USDRON, USDHKD, USDIDR, USDHUF, USDCZK, USDCNH, USDSEK, USDNOK and USDDKK, as well as CFDs on crypto coins, commodities, indices and stocks.

CCXMarkets review Customer Service

Contact details in the customer service section are not very helpful. This, of course being by design. The only sure way to get in touch with the brokers and get a response is through email. All other options to have communication with the team at the broker firm are unusable. This is very common practice with scam broker sites. They make it as hard as possible to contact them and usually make it impossible to get a live phone call or text conversation in order to get away with their misinformation or mismanagement.

 

Other Reviews of The Broker

You might be wondering, why you would trust one website against another one. Well if you don’t trust us, then read any number of other reviews that are posted online on other reputable websites. Every review that you will be able to find out there will say the same thing we are saying, that CCMarkets is a scam broker and not a very clever one at that.

 

CCXMarkets Review Conclusion

In conclusion, There isn’t much to sum up. This broker firm is barely even attempting to hide its true intentions. Any moderately experienced trader will be able to realize that this is not a genuine broker, because of all the tells that scam brokers have, this one checks all of them. If you are an unexperienced/starting broker, keep in mind the few ways that you can often single out a scam broker. These are usually, offshore, unregulated and hard to contact. Also don’t forget to ready many reviews from different sites, to tell if the broker is genuine.

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  • Platform
  • Spread
  • Trading Instrument
Comments Rating 1 (242 reviews)


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242 Comments

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  156. David Vagin June 29, 2021
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  158. David Kaufmann June 22, 2021
  159. Glafira Fedorova June 18, 2021
  160. Lawrence Vinogradov June 17, 2021
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  178. Jacob Kotov April 13, 2021
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  225. Andrea Kohler October 30, 2020
  226. Johanna Möller October 27, 2020
  227. Artem Vinogradov October 23, 2020
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  229. Oscar Hannaford October 16, 2020
  230. George Zimin October 13, 2020
  231. Dominik Strauss October 9, 2020
  232. Finn Lyon October 6, 2020
  233. Madison Melocco October 2, 2020
  234. Gabriele Schäfer September 29, 2020
  235. Kristian Bayer September 25, 2020
  236. Sean Riddell September 18, 2020
  237. Edmee Nadeau September 15, 2020
  238. Charli Hay September 11, 2020
  239. Alannah Thurgood September 8, 2020
  240. Mitchell Alexander September 4, 2020
  241. Nimra August 28, 2020
  242. Tj Keeling August 28, 2020

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