Forex Brokers

CCXTrade (Clone of FCA recognised fund)

1.5 (8 reviews)
🇬🇧 United Kingdom
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About CCXTrade (Clone of FCA recognised fund)

CCXTrade (Clone of FCA recognised fund) has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Stop loss not honored

A
Andrew R.
3 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. CCXTrade (Clone of FCA recognised fund) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Portfolio tracking tools|Comprehensive tools|Two-factor authentication

Cons: Could offer more webinars

Never again with CCXTrade (Clone of FCA recognised fund)

S
Steven Y.
4 months ago

CCXTrade (Clone of FCA recognised fund) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Quick verification|Real-time alerts|Demo account available

Cons: Limited demo account features|Limited cryptocurrency options

Not fit for purpose

V
Vincent K.
4 months ago

After using CCXTrade (Clone of FCA recognised fund) for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Customizable dashboard|Copy trading available|Wide product range

Cons: Email notifications too frequent

Lost my investment - DO NOT TRUST

D
David I.
8 months ago

Tried to withdraw my funds from CCXTrade (Clone of FCA recognised fund) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Regulatory warning exists for this firm

D
David V.
8 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

No ESG or ethical investing options

S
Sophia X.
9 months ago

I am in a dispute with CCXTrade (Clone of FCA recognised fund) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Regular updates|Dedicated account manager|Risk management tools

Cons: Some tools only available on higher tiers

I have filed a complaint

R
Rebecca R.
10 months ago

My withdrawal request from CCXTrade (Clone of FCA recognised fund) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Personal attention|Multiple order types|Clear documentation

Cons: No fractional shares|No integrated tax optimization

Not regulated - verified this myself

C
Charles K.
1 years ago

I was about to invest with CCXTrade (Clone of FCA recognised fund) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises