CEX.IO Review – Is it a Scam or Legit Broker (2024)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this CEX.IO Review, we are going to take a look at the offer that this broker prepared for its traders. CEX.IO operates on the financial market since 2013. When it comes to trading platforms, the broker features Web trader. The CEX.IO minimum deposit is 100 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this CEX.IO Review

Website address:cex.io
Operated by: CEX.IO LTD
Licensed and authorised by regulatory bodies:GFSC
Supported languages:English, Italian and Portuguese
Customer support available via:E-mail, phone, live-chat
Contact details:[email protected] +44 121 728 2228 +44 203 909 6911
Available deposit methods:Bank transfer, Debit/Credit cards, ACH, Skrill, S.W.I.F.T, Sepa, Qiwi
Available withdrawal methods:Bank transfer, Debit/Credit cards, ACH, Skrill, S.W.I.F.T, Sepa, Qiwi
Minimum deposit:100 USD
Min. trade in lots:0.01
Spreads:Variable
Tradable assets:
Might be a CFD.
Forex, cryptocurrencies
Mobile app: Yes
MetaTrader 4:No
Other trading platforms:Web trader
Social trading:No

Frequently Asked Questions

🧐 Is CEX.IO a Scam?

In accordance with our research, CEX.IO is a broker licensed and regulated by the GFSC. While it is a good thing that the broker is regulated, the GFSC regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that CEX.IO is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the CEX.IO minimum deposit?

In order to start trading with CEX.IO, you have to deposit at least 100 USD (Trading accounts can also be held in USD, EUR, GBP, RUB).

📵 What deposit and withdrawal methods CEX.IO supports?

CEX.IO allows funding your account via Bank transfer, Debit/Credit cards, ACH, Skrill, S.W.I.F.T, Sepa, Qiwi.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
CySECASIC £/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
FCACySECASIC £/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

¹ Variable spreads, spreads recorded for the EUR/USD on 29.09.2024 at 11:42 GMT.

7 Comments

  • DO NOT put any fund into CEX.io. They are bunch of coward scammers. You can deposit the money, then it won’t either show up in your account or you can’t withdraw any money. No customer service, no one answering calls, no email response. It’s a ghost site. What even worrying, all the positive reviews Trustpilots are fake, they don’t make sense at all. They have all the classic signs of scammer.

    Good luck getting your money out.

    • CEX.IO is a legitimate platform, but your experience is concerning. It’s important to address these issues with their customer support team and seek resolution.

  • spot on joe,no one answering emails or phones they have my money but i dont know how to get it back as im in australia

  • They stole all my money and no one answers my emails since June 2022. A bunch of scammers and thugs.

  • The trusted crypto exchange in the world 🔥❤

  • i do trade and transactions every day and so bullish guys

  • Google should remove this app from Play Store. CEX.IO is one way ticket for your money

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