CIX Markets Demo Account offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
| 🔍 Broker's name | CIX Markets |
| 🏛 Headquarters | London, United Kingdom |
| 📅 Year Founded | 2015 |
| 📃 Regulating authorities | The Financial Conduct Authority (FCA) in the United Kingdom and the Financial Services Compensation Scheme (FSCS) |
| 🌐 Countries not accepted for trade | United States |
| 📒 Demo account | Yes |
| 📒 Islamic account | No |
| ☑ Institutional account | Yes |
| 📊 Maximum Leverage | 1:30 |
| 💳 Minimum Deposit | $500 |
| 💰 ZAR | R7 500ZAR |
| 💳 Deposit options Withdrawal options | Neteller, Skrill, Visa, Wire Transfer |
| 📊 Platform(s) provided | CIX Trader, MetaTrader 4 |
| 📲 OS compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
| 📉 Tradable assets offered | Forex, CFDs, indices, commodities, interest rates, bonds |
| 🌐 Languages supported on website | English |
| ☎ Customer support languages | English |
| ☎ Customer service hours | 24/5 |
Min Deposit
USD 500
Regulators
FCA, FSCS
Trading Platform
MT4, CIX Trader
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
CIX Markets Demo Account Types Revealed – A Key 7 Point Quick Overview
- ✅CIX Markets Overview
- ✅How to set up a CIX Markets Demo Account – Step by Step
- ✅CIX Markets Demo Account Features
- Customer Reviews
- CIX Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
CIX Markets Overview
CIX Markets is an emerging forex broker that offers two platforms as well as additional tools, such as Trading Central to traders. CIX Markets is owned by City Credit Capital (UK) Ltd, an established and award-winning online brokerage. CIX Markets is the company’s newest venture and was launched in 2015.
CIX Markets is headquartered in London and provides FX and CFD trading to both retail and institutional clients and is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The Financial Conduct Authority regulatory oversight imposes strict standards such as annual audits and financial reports and CIX Markets also holds client money in segregated Tier 1 bank accounts.
Client capital is also insured for up to £85 000 in the event of insolvency under the Financial Services Compensation Scheme (FSCS). CIX Markets aims to provide the same level of superior and professional service as City Credit Capital with the addition of an enhanced platform, the CIX Trader, and a wider range of tradable assets. The broker’s proprietary trading platform software is fast and sophisticated and offers 24/5 access to currencies, indices, commodities, and more.
How to set up a CIX Markets Demo Account – Step by Step
To register for, and set up a demo account with CIX Markets, traders must visit the broker’s website and follow the prompts.
CIX Markets accounts can be opened in USD, GBP, ZAR, or EUR. An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step.
Follow these steps to open an account:
1. Step 1: Click on the Demo Account button.
Click on the demo account button to start the registration process of a CIX Markets trading account.
2. Step 2: Fill in the online form.
Traders will be required to provide their personal information in order for the sign-up process to be completed.
Step 3 – After Providing the basic personal information requested
Proceed through the KYC process for approval
CIX Markets Demo Account Features
CIX Markets’ demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
| Account Type | 🌐 Demo Account |
| 📌 Account Features | USD $50 000 virtual cash |
| Full access 4 weeks | |
| CIX Trading Platform | |
| CIX Trader |
The demo account can be used for 30 days with access to all platforms and $50 000 virtual money for practicing. After the trial period, clients must register for a real-money account.
Customer Reviews
Excellent Platform.
City Credit Capital provides the MetaTrader4 to its customers, which is considered one of the best trading platforms in the world of forex to date! – Max
awesome!
CIX Markets reaches Affiliate Brokers in South Africa – They offer both MetaTrader4 and in-house CIX Trader platforms across most accounts, which is a bonus! – Chris
No Sign Up Bonus offered.
The CIX Markets website is easy to navigate, just disappointed that there is no sign-up bonuses on offer. – Natalie
CIX Markets Pros and Cons
| ✅ PROS | ❌ CONS |
| Daily market commentary and analysis from Trading Central available on account | Demo account can only be used for 30 days |
| Demo accounts are available | No Islamic or swap free account option available |
| FCA regulation is applicable to trade activities | Shares and cryptos are not offered for trade |
| MT4 and CIX Trader platforms are available |
Min Deposit
USD 500
Regulators
FCA, FSCS
Trading Platform
MT4, CIX Trader
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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Conclusion
CIX Market’s mission is to deliver this institutional level of customer service and execution to all clients who wish to trade CFDs and FX across a broad range of products. CXI Markets has developed a trading platform to meet all the needs of the retail trading community via a user-friendly interface backed by our institutional quality execution.
At CIX Markets the underlying aim is that all clients are treated as premium clients.
Frequently Asked Questions
Can South African traders open a CIX Markets demo account?
Yes, the CIX Markets demo account offering funded with $100 000 virtual money also extends to traders from South Africa.
How long is the demo account valid?
The demo account can be used for 30 days with access to all platforms for practicing.
How does a demo account work?
A demo account simulates a live trading environment, allowing traders to practice with a brokers’ features without the risk of losing real money.
What is the difference between a demo and live trading account?
A demo account as is offered by broker companies like CIX Markets is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account which needs to be funded with the customers own real money.
Which live trading accounts does CIX Markets offer?
Only one single standard type of account.
Does CIX Markets offer an Islamic Account?
No, CIX Markets does not offer an Islamic Account.
What are the available deposit currencies for a live trading account?
GBP, EUR, or USD.
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