Forex Brokers

CXM Trading (Imposter)

1.5 (10 reviews)
🇳🇿 New Zealand
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About CXM Trading (Imposter)

CXM Trading (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Market Manipulation (pump and dump s...". 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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Reviews on their site are fabricated

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Andrew P.
2 months ago

After using CXM Trading (Imposter) for about ten months, 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: Real-time alerts|API access

Cons: Email notifications too frequent

Deceptive practices at CXM Trading (Imposter)

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Luke Y.
2 months ago

The only good thing about CXM Trading (Imposter) is that they remind you why regulation matters. I found them through a podcast recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Social trading features|Clear documentation|Stable platform|Competitive fees

Cons: Wait times can be long during peak hours

Forced to accept new fees

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Diana A.
2 months ago

I had high hopes for CXM Trading (Imposter) after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Intuitive for beginners|Helpful community forum|Educational resources|Good analytical tools

Cons: Search feature is basic

CFD pitch was aggressive

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Miles O.
4 months ago

CXM Trading (Imposter) 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|Low minimum deposit|Smooth onboarding|Segregated accounts

Cons: No crypto staking|Live chat only during business hours

Rollover requirements are insane

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Amy X.
5 months ago

The platform at CXM Trading (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since mid-2025 of dealing with this, I have had enough.

Pros: Multi-device support|Portfolio tracking tools|Smooth onboarding|Good mobile app

Cons: Wait times can be long during peak hours|No fractional shares

Stay far away from this company

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Nicole D.
5 months ago

I invested $2,000 with CXM Trading (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Banned for no reason

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Richard N.
7 months ago

I found CXM Trading (Imposter) after hearing about them at a conference and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Low minimum deposit|Transparent fees

Cons: Spreads widen during volatile periods

Red flags everywhere

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Karen G.
9 months ago

Several red flags with CXM Trading (Imposter): (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Unauthorized firm|Found in IOSCO warnings database

Not even close to acceptable

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Oliver D.
9 months ago

CXM Trading (Imposter) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Two-factor authentication|Regular platform improvements|Educational resources

Cons: Alert system is basic

Promised returns that never came

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Steven N.
11 months ago

Do not be fooled by the professional-looking website. Behind the scenes, CXM Trading (Imposter) is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Demo account available|Low minimum deposit|Two-factor authentication

Cons: No phone support on weekends