CIX Markets Review 2024

CIX Markets has closed. Please see the list of similar brokers or the Best Brokers List for alternatives.

1 / 5
CIX Markets is #108 in our CFD broker rankings.

CIX Markets is an FCA-regulated online trading broker offering powerful tools.

MT4, TradingCentral
Forex, CFDs, indices, commodities, interest rates, bonds
Visa, Skrill, Neteller, Wire Transfer, Maestro

Forex Trading

Trade on a range of major, minor and emerging forex pairs.

Stock Trading

Trade on key stock indices, including the FTSE and Dax.

CFD Trading

Buy and sell on a breadth of financial markets with leveraged CFDs.

CIX Markets is an emerging forex broker offering two platforms as well as additional tools, such as Trading Central. If you’re wondering whether it’s safe to trade at CIX Markets, this website review dives into the company’s history, regulation, spreads and payment times, to help you make a decision.

CIX Markets Headlines

CIX Markets is owned by City Credit Capital (UK) Ltd, an established and award-winning online brokerage. Launched in 2015, CIX Markets is the company’s newest venture, providing FX and CFD trading to retail and institutional clients. The broker is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and is headquartered in London.

CIX Markets aims to provide the same level of superior and professional service as City Credit Capital with the addition of an enhanced platform and a wider range of tradable assets.

Trading Platforms

CIX Trader

The broker’s trading platform is a fast and sophisticated software offering 24/5 access to currencies, indices, commodities and more.

The platform comes with an analysis and charting package, which includes drawing tools, 20 types of indicators and access to Trading Central research. Users can also access live quotes and a real-time news feed by Dow Jones. In addition, there is a variety of order types, including Limit Settle, OCO, and If-Done.

CIX Trader
CIX Trader

MetaTrader 4

Alternatively, traders can opt for the popular MT4 platform, which includes a broader range of technical indicators and orders. Each instrument can be analysed in detail using multiple time intervals and charting types. There’s also automatic updates in the news feed as well as rich trading history. MT4 also supports the use of trading robots (Expert Advisors) which can be programmed and customised to suit any strategy.

CIX Markets MT4
CIX Markets MT4

Assets Review

CIX Markets offers 58 major, minor and emerging currency pairs, 20 spot and CFD indices, including the DAX 40 and FTSE 100, 9 commodities including metals, energies, and soft commodities, plus a few interest rates and bonds. Unfortunately trading on stocks and cryptocurrencies is not available.

Trading Fees

CIX Markets offers fixed and variable spreads starting from 1 pip for major currency pairs such as EUR/USD. Index CFDs are around 3 points for the FTSE 100 and for crude oil, target spreads are $0.04. The broker does not charge trading commissions but swap fees may apply to overnight positions.

Overall, this means CIX Markets is middle of the road when it comes to trading fees.


As per FCA restrictions, the maximum retail leverage available is 1:30 on FX majors. The broker provides a breakdown of the margin requirements in the Markets Information Sheet. For higher leverage rates, clients may need to turn to offshore providers but that can mean less regulatory scrutiny and limited trader protection.

Mobile Trading

The CIX Trader mobile app delivers all the same features as the PC version, including full account management, live pricing, market news and a professional charting package with advanced technical indicators.

Alternatively, clients can opt for the MetaTrader 4 mobile app which is also fully-featured and comes with all the tools for advanced trading on-the-go. The app allows you to set notifications and alerts, so you can keep on top of new trading opportunities.

CIX Markets mobile trading
CIX Markets mobile trading

Both apps are compatible with iOS and Android smart devices.

Payments Review

CIX Markets accepts funding via bank wire, credit/debit cards including Visa, MasterCard and Maestro, as well as Skrill and Neteller. Deposits are available in GBP, EUR or USD. The minimum initial deposit is $500. Funds generally take 24 hours to clear.

This review was disappointed to see the broker isn’t transparent with payment times and funding fees, so it’s worth checking with customer support for details if you’re thinking about opening an account.

Demo Account

New and experienced traders can test their skills in the broker’s trial account free of charge, with $50,000 in demo funds. CIX Markets offers full access to the trading platforms with real-time conditions for 4 weeks. After the month trial period, clients have the option to register for a real-money account.

CIX Markets Bonuses

Due to an FCA ban on trading bonuses, there are no promo deals offered by CIX Markets at present. See the broker’s website in case this changes.

Licensing Review

City Credit Capital (UK) Ltd (CIX Markets) is authorised by the Financial Conduct Authority (FCA) in the United Kingdom, under license number 232015. The FCA places strong regulatory oversight on brokerage firms and imposes strict standards such as annual audits and financial reports.

CIX Markets holds client money in segregated Tier 1 bank accounts. Under the Financial Services Compensation Scheme (FSCS), client capital is also insured up to £85,000 in the event of insolvency.

Additional Features

CIX Markets offers daily market commentary and analysis from Trading Central. Trading Central is a research platform add-on that provides regular updates, signals, targets, and timeframes. There’s also an education section with beginners’ guides and trading platform instructions, as well as an economic calendar.

CIX Markets analysis
CIX Markets analysis

CIX Markets Account

CIX Markets offers a single live account which can be opened in a few steps. Traders will need to submit their identity documents and proof of address. There’s no strict minimum deposit requirement, but the broker recommends at least $500 initially. The minimum trade size is 0.1 lots.


CIX Markets offers several attractive features, including:


We did identify some disadvantages, including:

Trading Hours

Dealing hours for FX and some commodities are 24 hours, from Sunday at 22:30 (UK time) to Friday at 16:45 (NY time) with a daily trading break between 17:00 and 17:02 (NY time). All other times can be found in the trading platforms or in the broker’s Markets Information Sheet.

Customer Support

You can get in touch with CIX Markets 24/5 via email, telephone or live chat, though we were unable to connect with the live chat service at the time of writing. This is a concern as lots of providers offer reliable customer support.


MT4 is a safe and secure platform, with encryption protocols in place which safeguard data exchange between the trader’s platform and the broker’s servers. It’s unclear whether the CIX Trader platform provides the same level of security.

CIX Markets Verdict

Traders can access a range of financial assets at CIX Markets, as well as decent trading conditions and a good selection of payment methods. The broker is also trustworthy and regulated by the FCA, so traders can feel safe when investing their money.

Top 3 Alternatives to CIX Markets

Compare CIX Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade
  3. Swissquote – Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
    Go to Swissquote

CIX Markets Comparison Table

Compare CIX Markets With Similar Brokers
CIX Markets IG AvaTrade Swissquote
Rating 0.8 4.4 4.9 4
Markets Forex, CFDs, indices, commodities, interest rates, bonds CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account Yes Yes Yes Yes
Minimum Deposit $500 $0 $1000
Minimum Trade 0.1 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Education No Yes Yes No
Platforms MT4, TradingCentral Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, AutoChartist, TradingCentral
Leverage 1:30 1:30 (Retail), 1:250 (Pro) 1:30 (Retail) 1:400 (Pro) 1:30
Payment Methods 5 6 13 5
Visit Visit Visit Visit Visit
Review IG

Compare Trading Instruments

Compare the markets and instruments offered by CIX Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare CIX Markets Trading Instruments
CIX Markets IG AvaTrade Swissquote
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No No Yes No
Crypto No Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No Yes No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes No

CIX Markets vs Other Brokers

Compare CIX Markets with any other broker by selecting the other broker below.


Customer Reviews

There are no customer reviews of CIX Markets yet, will you be the first to help fellow traders decide if they should trade with CIX Markets or not?

Submit Your Own Review of CIX Markets

If you have experience trading with CIX Markets please share your personal review of the broker and what you think are strong and weak points. Thank you.

CIX Markets is an FCA-regulated online trading broker offering powerful tools.


What can I trade at CIX Markets? 

CIX Markets offers trading in major and minor FX pairs, commodities, indices and precious metals.

How can I make a deposit at CIX Markets? 

You can deposit funds via bank transfer, bank cards including Visa, MasterCard and Maestro, as well as Skrill and Neteller.

What accounts does CIX Markets offer? 

CIX Markets offers a single live account, a demo account or a corporate account. The minimum recommended deposit for a live account is $500.

What leverage is available at CIX Markets? 

The maximum retail leverage available at CIX Markets is 1:30 on major forex pairs, in line with most FCA-regulated providers.

Is CIX Markets a scam? 

CIX Markets is run by City Credit Capital (UK) Ltd, a reputable and legitimate company registered in the UK. The broker is also regulated by the Financial Conduct Authority (FCA).