cmxmarket.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cmxmarket.com.
Where do I even begin with cmxmarket.com? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Regular updates|Market news feed
Cons: Help articles are sometimes vague
If you are reading this considering cmxmarket.com - run. I wish I had read more negative reviews after comparing multiple platforms. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Segregated accounts|Smooth onboarding|Instant funding|Good mobile app
Cons: No integrated tax optimization
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. cmxmarket.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Economic calendar|Fast deposits|Great customer service
Cons: Spreads widen during volatile periods|No dark mode on mobile
My withdrawal request from cmxmarket.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Segregated accounts|Economic calendar|Easy withdrawals|Customizable dashboard
Cons: Mobile app could be improved|Onboarding videos are outdated
I closed a profitable position at cmxmarket.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Helpful community forum|Demo account available
Cons: Minor UI glitches occasionally|Some tools only available on higher tiers
The spread at cmxmarket.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: Smooth onboarding|Regular updates|Multi-currency support
Cons: Nothing significant
Do not use cmxmarket.com for anything serious. I used them since the beginning of the year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Good analytical tools|Economic calendar
Cons: Research section could be deeper
After spending for about ten months trying to make cmxmarket.com 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: Fast support response|Good mobile app|Clear documentation|Easy to use platform
Cons: Currency conversion fee exists|Spreads widen during volatile periods
The platform itself is okay, but the customer service at cmxmarket.com is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Tax reports included|Two-factor authentication|Portfolio tracking tools|Regular platform improvements
Cons: Wait times can be long during peak hours
The reporting at cmxmarket.com 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: Risk management tools|Real-time alerts|Helpful community forum
Cons: Limited demo account features|Nothing significant