Score
CDEX
Guadeloupe|1-2 years| https://vn.cd-ex.com/?lang=en
Website
Rating Index
Contact
Licenses
Licensed Institution：MAGIC COMPASS LTD
License No.：299/16
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Guadeloupe
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed CDEX also viewed..
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Website
cd-ex.com
Server Location
Hong Kong
Website Domain Name
cd-ex.com
Server IP
16.163.223.117
Company Summary
| CDEX | Basic Information |
| Company Name | CDEX |
| Headquarters | Unknown |
| Regulations | Suspicious Clone |
| Tradable Assets | Forex, commodities, cryptocurrencies, indices |
| Account Types | Standard, RAW, US Cent Account |
| Minimum Deposit | Standard: 1 USDRAW: 2000 USDUS Cent Account: 1 USC |
| Time to open account | Instant |
| Trading Platforms | MT5 platform |
| Customer Support | cs@cd-ex.com, X( formely Twitter), Youtube and Facebook |
Overview of CDEX
CDEX, based in Guadeloupe and established 1-2 years ago, offers four types of trading products and three account types, and supports the MT5 trading platform. However, its regulatory status is suspicious clone.
Is CDEX Legit?
CDEX is a suspicious clone, regulated by the Cyprus Securities and Exchange Commission. It holds a Market Making (MM) license with the number 299/16, issued to the licensed institution MAGIC COMPASS LTD.
| Regulatory Status | Suspicious clone |
| Regulated by | Cyprus Securities and Exchange Commission |
| Licensed Institution | MAGIC COMPASS LTD |
| Licensed Type | Market Making (MM) |
| Licensed Number | 299/16 |
Pros and Cons
| Pros | Cons |
| Provides four types of trading products | Suspicious clone |
| Offers three account types | |
| Supports MT5 trading platform |
Trading Instruments
CDEX offers four classes of trading instruments, including forex, commodities, cryptocurrencies, indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
Account Types
Standard: This account type is accessible to all as it requires a minimal deposit of just 1USD. It features a low spread of 0.2 pips, which is the difference between the buying and selling price of an asset. The standout characteristic of this account type is its zero commission policy, making trading more profitable as there are no additional charges for transactions.
RAW: Suited for more significant investments, the RAW account necessitates a higher entry point with a minimum deposit requirement of 2000USD. Traders with this account enjoy zero pips spread, optimizing potential profitability. However, a commission of 3.50USD is charged for transactions, which should be factored into the trading strategy.
US Cent Account: This account caters to those looking to start with a smaller investment. It necessitates a minimum deposit of just 1USC (US Cent). Similar to the Standard Account, it offers a spread of 0.2 pipsand charges zero commission, making it an excellent choice for those new to trading or on a budget.
| Account Type | Minimum Deposit | Spread | Commission | Suitable For |
| Standard | 1 USD | 0.2 pips | Zero | All traders, especially beginners |
| RAW | 2000 USD | Zero pips | 3.50 USD | Traders with larger investments seeking low spread |
| US Cent Account | 1 USC (US Cent) | 0.2 pips | Zero | New traders or those on a budget |
CDEX Fees
CDEX offers three account types with varying spreads and commission structures.
The Standard and US Cent Account both feature a spread of 0.2 pips with zero commission, while the RAW account offers zero pips spread but charges a commission of 3.50 USD per transaction.
Trading Platforms
CDEX exclusively utilizes the MetaTrader 5 (MT5) trading platform across all its account types. MetaTrader 5 (MT5) is a mobile trading application that allows traders to connect to trading servers and control their trading operations using any Android based smartphone or tablet device.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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