CM Prime has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I opened an account with CM Prime for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Intuitive for beginners|Fast deposits|Fast execution
Cons: Wait times can be long during peak hours|Research section could be deeper
I experienced a security concern with my CM Prime account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: No hidden fees|Stable platform
Cons: No integrated tax optimization|Limited social trading features
My card was charged twice by CM Prime on the same day. I had to dispute it with my bank. CM Prime then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Intuitive for beginners|Easy withdrawals
Cons: Live chat only during business hours
The reporting at CM Prime is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Helpful community forum|Economic calendar
Cons: No crypto staking|Live chat only during business hours
The only good thing about CM Prime is that they remind you why regulation matters. I found them through a podcast recommendation. 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: Responsive team|Fast deposits|Detailed reporting
Cons: Minimum deposit could be lower
After spending for over three years trying to make CM Prime work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Easy to use platform|Easy withdrawals
Cons: Alert system is basic
I referred a friend to CM Prime after a trusted YouTuber reviewed them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Risk management tools|Easy withdrawals|Comprehensive tools|Easy to use platform
Cons: Slow to add new assets|Inactivity fee applies after 12 months
I have been trying to close my account with CM Prime for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Instant funding|Tax reports included|Detailed reporting
Cons: Wish they had more educational resources|Onboarding videos are outdated
After seeing ads for CM Prime online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Services and Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Unauthorized firm|Found in IOSCO warnings database
The so-called education at CM Prime is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Customizable dashboard|Educational resources|Full transparency|Automated trading options
Cons: Nothing significant|Website design could be more modern