CCx Trade is a new online broker that claims to be FCA regulated. They claim to be around for over 10 years, but the domain analysis says otherwise. While it is true that they have been around for a few years, information regarding their regulation is not so transparent.
No associated profiles have been found on LinkedIn as well. Their interface is also opaque and information regarding key elements are missing. If you are wondering about the other important aspects of this business, stick with us till the end and then make a decision.
CCx Trade Explained
This platform has shabby looking web pages and the information provided to clients before registering is miniscule at best. Points or highlights mentioned by them are hard to verify and there is no clear breakdown of the trading conditions or costs.
Funding and withdrawal methods are a mystery as well. Also, when we tried to search about them on the database of the FCA, we couldn’t find anything relevant. So, clearly, something is not adding up and that shatters the public’s trust on this enterprise.
Support
Below, we have outlined all the contact information that we could gather about them. Isn’t the lack of phone support the easiest giveaway that tells us a lot about their actual standards?
Email – support@ccxtrade.com
Address – 7 Harewood Ave, London
CCx Trade: Scam or Trustworthy?
CCx Trade is not a trustworthy entity regardless of how you look at it. Even though they have been around for a few years, the number of user reviews they have amassed is slim which is unnatural.
Moreover, all the reputable sources in the review segment have given them low ratings. After analysing everything they have showcased, it is clear that they are not worthy of our attention. So, ignore them and any entity that displays similar traits.
Bottom Line
Online brokers bring a lot of convenience in our lives. However, they should be thoroughly vetted and researched before depositing with them.
Lastly, look for transparency and regulation aspects and verify them as much as possible. If you ever hit a dead end while doing due-diligence, do not hesitate to get a professional involved.
