CXM Group, a multi-jurisdictional financial services provider, has secured a license from Cambodia’s Securities and Exchange Commission (SERC), broadening its regulatory footprint across Southeast Asia. The license expansion comes as the company continues to operate regulated entities across multiple territories, including the United Kingdom and the United Arab Emirates.
- Primary Regulated Entities: CXM Prime Ltd (FCA-authorized in the UK), CXM Securities LLC (CMA-licensed in the UAE), CXM Direct LLC (St. Vincent and the Grenadines)
- Services Offered: Forex, CFDs, commodities, indices, and leveraged financial instruments
- Key Restricted Jurisdictions: United States, Russia, China, Iran, North Korea, and 10 other sanctioned or restricted regions
- UK Entity Registration: CXM Prime Ltd operates under FCA reference 966753, limited to professional clients only
CXM Prime Ltd, the group’s UK-regulated entity, operates exclusively with professional clients and eligible counterparties, maintaining FCA authorization. The company maintains strict regional compliance protocols, restricting services to residents of sanctioned nations and jurisdictions including Afghanistan, Belarus, Cuba, and Hong Kong, among others. CXM Securities LLC in Dubai holds a Fifth Category license from the UAE Capital Market Authority (CMA) under License No. 20200000267, functioning as an introduction agent rather than a funds custodian.
The Cambodia license represents the group’s strategic expansion into the Southeast Asian market, where regulatory frameworks continue evolving. CXM Direct LLC, registered in St. Vincent and the Grenadines, provides back-office support for the group’s trading and managed account services. The company maintains clear separation between its regulated entities to ensure compliance with regional requirements and client protection standards.
CXM Group operates through independently managed subsidiaries across multiple jurisdictions, each maintaining distinct regulatory oversight. The group explicitly states it does not provide services to residents of listed restricted territories, emphasizing regulatory compliance. CXM Group (SC) Ltd, the Seychelles-registered parent entity, coordinates the multi-jurisdictional operations while maintaining segregated regulatory responsibilities across its licensed subsidiaries.
