From my thorough investigation into CDX, one major concern stands out before even considering specifics like commission structures. CDX currently operates without any valid regulatory license, and its WikiFX risk indicators score extremely low. This lack of oversight is a significant warning flag for me. Without reliable regulation, crucial details—such as whether CDX charges a commission per lot on ECN or raw spread accounts—are neither transparently published nor verifiable, in my experience. As someone who prioritizes the safety of funds and transparent costs, I make it a steadfast rule to only trade with brokers whose fee structures and supervisory conditions are crystal clear and independently regulated. The absence of credible regulation with CDX places me in a position where I cannot verify their commission policies with any confidence. Even if they claim to offer ECN or raw spread accounts, without formal oversight, these terms may not mean what is typically understood within the industry. For me, the risk is simply too high to proceed without full regulatory clarity and clear, published information about commissions. Until CDX can demonstrate legitimate regulatory credentials and provide transparent cost disclosures, I will not risk my capital—or recommend others do so.