Website: www.cixmarkets.com
Minimum Deposit: $500
Leverage: Up to 1:30
Trading Platforms: CIX Trader, MT4
Regulator: FCA (UK)
Headquarters: London, United Kingdom
Established: 2015

Overview

CIX Markets is a UK-based forex and CFD broker regulated by the Financial Conduct Authority (FCA), offering secure access to global markets with a solid emphasis on transparency and client fund safety. As part of the City Credit Capital group, the broker caters to both retail and institutional clients through professional-grade platforms like MetaTrader 4 and its own CIX Trader.

Despite its FCA-regulated status, CIX Markets has applied to cancel its license in 2024, although it still maintains full compliance and client protection during the transition.

Quick Facts – CIX Markets at a Glance

Is CIX Markets Safe to Trade With?

✅ Yes – CIX Markets is a regulated broker.
The company is authorized by the UK’s Financial Conduct Authority (FCA) under registration number 232015. FCA-regulated brokers are required to hold client funds in segregated bank accounts and are members of the FSCS (Financial Services Compensation Scheme), offering protection up to £85,000 in case of broker insolvency.

Even though CIX Markets has filed to cancel its license, all existing obligations to clients remain fully in force under UK law.

Account Types

CIX Markets keeps things simple by offering a single live account for all traders—accessible via both MT4 and CIX Trader. Features include:

• Access to 50+ currency pairs

• Advanced charting tools

• Competitive spreads

• Swap rates on overnight positions

🧪 A Demo Account is also available for 30 days with $100,000 in virtual funds, making it ideal for beginners or strategy testing.

Trading Instruments

CIX Markets focuses on a CFD and Forex-centric offering, covering:

• Major, Minor, and Exotic Currency Pairs

• Commodities (Oil, Gold, Silver)

• Stock Indices

This curated product list is suitable for currency traders, though it’s limited compared to brokers offering equities or cryptocurrencies.

Leverage

• Retail Traders (FCA-regulated):

  • Forex Majors: 1:30

  • Forex Minors: 1:20

  • Commodities: 1:10

As per FCA rules, CIX Markets offers conservative leverage levels to protect retail investors. Professional clients may request higher leverage upon qualification.

Fees & Spreads

💸 Trading Costs
CIX Markets charges no commissions on standard accounts. Instead, trading fees are embedded in the spreads:

• EUR/USD average spread: 1 pip

• Spreads as low as 0.5 pips on select pairs during high liquidity

💤 Swap Fees apply for holding positions overnight. These vary based on instrument and direction of trade.

There are no deposit or withdrawal fees, although third-party processing charges may apply depending on the payment method.

Deposits and Withdrawals

• Minimum Deposit: $500

• Funding Options: Bank Wire, Credit/Debit Cards, Skrill, Neteller

• Withdrawal Time: 3–5 business days on average

The broker supports multiple currencies (USD, GBP, EUR) and offers a secure client portal for fund management. Transactions are encrypted and protected with top-tier security protocols.

Trading Platforms

🖥 MetaTrader 4 (MT4)
The industry-standard MT4 platform is available for desktop, web, and mobile, complete with expert advisor (EA) support, indicators, and backtesting tools.

🧠 CIX Trader
Their proprietary platform includes:

• Real-time news from Trading Central

• Advanced charting tools

• One-click execution

• Customizable layouts

• Multi-device compatibility

CIX Trader stands out for its institutional-grade infrastructure, offering stability and fast order routing via multiple liquidity providers.

Education & Market Analysis

CIX Markets provides:

• Educational Resources for beginners

• Daily Market Briefings

• Research Articles & Trading News

While the content is useful, it’s more suitable for intermediate traders. The educational library could be expanded with interactive webinars or tutorials.

Customer Support

📞 Availability: 24/5
📧 Support Channels: Live Chat, Phone, Email
🌍 Languages: English

The support team is helpful and responsive during trading hours, though 24/7 support would be a welcome addition.

Final Verdict – Should You Trade with CIX Markets?

CIX Markets presents itself as a trustworthy, FCA-regulated forex and CFD broker offering a stable and secure trading environment. With powerful platforms, competitive spreads, and solid customer support, it’s a reliable option for both new and experienced traders in the UK and EU.

However, the broker’s narrow product range and the cancellation of FCA authorization raise important questions for long-term engagement. Still, until operations officially cease, CIX Markets remains fully compliant and secure.