CMTRADING has been flagged by Securities and Exchange Commission 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. Website domain: NIL.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that CMTRADING 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: Listed in warning databases|No transparency|Pressure to invest quickly
I have been trying to close my account with CMTRADING 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: Competitive fees|Two-factor authentication|Intuitive for beginners|Social trading features
Cons: No phone support on weekends
CMTRADING locked my account without warning and demanded documents I had already submitted. since early this year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Segregated accounts|Good mobile app|Fast deposits|Helpful community forum
Cons: Slow to add new assets|Limited cryptocurrency options