China Mineral Company Limited (CMC) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 2824 8535, Fax: 852 3006 5455
Addresses: Level 15 Yintai Office Tower C No 2 Jianguomenwai Street Chaoyang District Beijing China; Unit 10-18 32F Tower 1 Millenium City 1 388 Kwun Tong Road Kwun Tong Kowloon Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.chinamineralcompany.com.
My withdrawal request from China Mineral Company Limited (CMC) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Clean UI|Helpful community forum|API access
Cons: Wait times can be long during peak hours
Customer support at China Mineral Company Limited (CMC) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Market news feed|Full transparency|Copy trading available
Cons: Limited ETF selection
The only good thing about China Mineral Company Limited (CMC) is that they remind you why regulation matters. I found them after reading several online reviews. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Reliable uptime|Segregated accounts|Portfolio tracking tools
Cons: Limited ETF selection|Would like more payment methods
I joined China Mineral Company Limited (CMC) while looking for alternatives to my previous provider and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Easy to use platform|Excellent charting|Educational resources
Cons: Minimum deposit could be lower|Account statements could be more detailed
I lost a significant amount because China Mineral Company Limited (CMC) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Multi-device support|Intuitive for beginners
Cons: Alert system is basic|Wait times can be long during peak hours