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/10

CDEX

Guadeloupe Guadeloupe | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://vn.cd-ex.com/?lang=en

Website

Rating Index

Contact

https://vn.cd-ex.com/?lang=en
https://www.facebook.com/CDEXofficial
https://twitter.com/officialCDEX
Licenses

Licensed Entity:MAGIC COMPASS LTD

License No. 299/16

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
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Website

  • cd-ex.com
    16.163.223.117
    Server Location
    Hong Kong Hong Kong
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
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CDEX

Related Companies

CDEX(Guadeloupe)
Guadeloupe
CDEX(Guadeloupe)
Active
Guadeloupe
Registration No. 790601470
Established
Related sources Website Announcement
Employees

Company Summary

CDEXBasic Information
Company NameCDEX
HeadquartersUnknown
RegulationsSuspicious Clone
Tradable AssetsForex, commodities, cryptocurrencies, indices
Account TypesStandard, RAW, US Cent Account
Minimum DepositStandard: 1 USDRAW: 2000 USDUS Cent Account: 1 USC
Time to open accountInstant
Trading PlatformsMT5 platform
Customer Supportcs@cd-ex.com, X( formely Twitter), Youtube and Facebook

Overview of CDEX

CDEX, based in Guadeloupe and established 1-2 years ago, offers four types of trading products and three account types, and supports the MT5 trading platform. However, its regulatory status is suspicious clone.

Overview of CDEX

Is CDEX Legit?

CDEX is a suspicious clone, regulated by the Cyprus Securities and Exchange Commission. It holds a Market Making (MM) license with the number 299/16, issued to the licensed institution MAGIC COMPASS LTD.

Regulatory Status Suspicious clone
Regulated by Cyprus Securities and Exchange Commission
Licensed Institution MAGIC COMPASS LTD
Licensed TypeMarket Making (MM)
Licensed Number299/16
Is CDEX Legit?

Pros and Cons

ProsCons
Provides four types of trading productsSuspicious clone
Offers three account types
Supports MT5 trading platform

Trading Instruments

CDEX offers four classes of trading instruments, including forex, commodities, cryptocurrencies, indices.

Tradable Instruments Supported
Forex
Commodities
Cryptocurrencies
Indices

Trading Instruments

Account Types

Standard: This account type is accessible to all as it requires a minimal deposit of just 1USD. It features a low spread of 0.2 pips, which is the difference between the buying and selling price of an asset. The standout characteristic of this account type is its zero commission policy, making trading more profitable as there are no additional charges for transactions.

RAW: Suited for more significant investments, the RAW account necessitates a higher entry point with a minimum deposit requirement of 2000USD. Traders with this account enjoy zero pips spread, optimizing potential profitability. However, a commission of 3.50USD is charged for transactions, which should be factored into the trading strategy.

US Cent Account: This account caters to those looking to start with a smaller investment. It necessitates a minimum deposit of just 1USC (US Cent). Similar to the Standard Account, it offers a spread of 0.2 pipsand charges zero commission, making it an excellent choice for those new to trading or on a budget.

Account TypeMinimum DepositSpreadCommissionSuitable For
Standard1 USD0.2 pipsZeroAll traders, especially beginners
RAW2000 USDZero pips3.50 USDTraders with larger investments seeking low spread
US Cent Account1 USC (US Cent)0.2 pipsZeroNew traders or those on a budget
Account Types

CDEX Fees

CDEX offers three account types with varying spreads and commission structures.

The Standard and US Cent Account both feature a spread of 0.2 pips with zero commission, while the RAW account offers zero pips spread but charges a commission of 3.50 USD per transaction.

Spreads and Commissions

Trading Platforms

CDEX exclusively utilizes the MetaTrader 5 (MT5) trading platform across all its account types. MetaTrader 5 (MT5) is a mobile trading application that allows traders to connect to trading servers and control their trading operations using any Android based smartphone or tablet device.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MT4Mobile and Desktop(Windows & macOS)Beginner

Trading Platforms

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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