CMT (cmt.cmtboursa.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cmt.cmtboursa.com.
The only good thing about CMT (cmt.cmtboursa.com) is that they remind you why regulation matters. I found them after hearing about them at a conference. 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: Comprehensive tools|Automated trading options
Cons: Account statements could be more detailed|Search feature is basic
CMT (cmt.cmtboursa.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Multi-device support|Intuitive for beginners|Customizable dashboard|Multi-currency support
Cons: No crypto staking
After for a few weeks now with CMT (cmt.cmtboursa.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Easy to use platform|Economic calendar|Segregated accounts|Wide product range
Cons: Live chat only during business hours|Cannot customize dashboard fully