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.
CM Prime has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Good mobile app|Multiple order types|API access|Easy withdrawals
Cons: Would like more payment methods|Research section could be deeper
The platform at CM Prime is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Regular updates|Economic calendar
Cons: Would like more payment methods|Some tools only available on higher tiers
I invested $2,000 with CM Prime after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Services and Markets Authority.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Do not be fooled by the professional-looking website. Behind the scenes, CM Prime is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: API access|Segregated accounts|Easy to use platform
Cons: Account statements could be more detailed|No live chat on mobile