Forex Brokers

Cmglobalmarket

1.5 (13 reviews)
🇬🇧 United Kingdom
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1.5
13 reviews
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About Cmglobalmarket

Cmglobalmarket has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Amateur hour at Cmglobalmarket

V
Vincent O.
3 months ago

I had high hopes for Cmglobalmarket after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Low minimum deposit|Educational resources|Professional team

Cons: Wait times can be long during peak hours|Nothing significant

Save yourself the trouble

I
Ian L.
3 months ago

I have been trying to close my account with Cmglobalmarket 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: Great customer service|API access|Competitive fees|Regular updates

Cons: Minimum deposit could be lower

Do not believe the hype

G
Gavin T.
4 months ago

The mobile app from Cmglobalmarket is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Tax reports included|Market news feed

Cons: Charting tools need more indicators|No live chat on mobile

Stay far away from this company

M
Maria K.
5 months ago

I invested $2,000 with Cmglobalmarket 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 Conduct Authority.

Pros: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Lost thousands due to their errors

F
Frank C.
6 months ago

I opened an account with Cmglobalmarket for over three years 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: Instant funding|Comprehensive tools

Cons: Account statements could be more detailed

Commission higher than stated

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Graham E.
6 months ago

Customer support at Cmglobalmarket 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: Excellent charting|Fast support response

Cons: Inactivity fee applies after 12 months|Cannot customize dashboard fully

Balance went negative they want it back

D
Danielle K.
6 months ago

Cmglobalmarket has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Low minimum deposit|Real-time alerts|Smooth onboarding|Fast deposits

Cons: No crypto staking

Still fighting for my withdrawal

J
Jake N.
7 months ago

I wanted to transfer my portfolio from another broker to Cmglobalmarket. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Wide product range|Market news feed|Copy trading available

Cons: Live chat only during business hours|Limited demo account features

They do not honor their terms

J
Jennifer Y.
7 months ago

My card was charged twice by Cmglobalmarket on the same day. I had to dispute it with my bank. Cmglobalmarket 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: Fast support response|Clear documentation

Cons: Slow to add new assets|Limited cryptocurrency options

Proceed with extreme caution

A
Andrew C.
9 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Cmglobalmarket has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials