CXM is a black platform that deducted funds from my trading account without any reason

FTIreminds investment enthusiasts that choosing a platform that is Open an account and get regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)

Recently, a foreign exchange platform has caught the attention of FTI, with investors filing complaints through the FTI APP alleging that CXM is a fraudulent platform that has deducted funds from their trading accounts without justification.

The whistleblower stated: "I have two accounts with CXM, both for trading US stocks. All my trades were conducted normally, with no violations, meeting the holding time requirements, and without any heavy trading. However, my accounts were suddenly suspended, preventing me from trading on MT4. I am also unable to log in to CXM's official website. My normal IP account commission has been deducted, and the funds in my trading account have also been taken away. I now demand that CXM refund my principal."

Introduction to CXM

CXM is a rapidly growing and high-quality foreign exchange broker, primarily targeting the B2B market and institutional clients. Founded by industry experts with decades of experience, CXM's team comes from various parts of the world, including the United States, Asia-Pacific, Eastern Europe, the Middle East, and Latin America. Our strength lies in providing diverse solutions to meet the diverse needs of our clients and partners. Our team members are all from the top ten global foreign exchange brokers, with exceptional technical skills and numerous accolades. We have successfully set up white label solutions for hundreds of clients around the world.

CXM, as displayed on the FTI APP, holds three licenses. It claims to have a UK FCA financial services license, a St. Vincent and the Grenadines FSA financial services license, and a Mauritius FSC financial services license, but the regulatory status of these licenses is stated as exceeding their operational limits. This poses a significant risk to investors' funds!

FTI Risk Alert:There are 42 monitoring and early warning notifications for the CXM foreign exchange platform. Please take note and be vigilant!

CXMhas a score of 5.0 on the FTI APP, indicating a low credit rating. Investors should exercise caution before forextrustindex!

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