CPM Alternatives Limited has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 150-10451 Shellbridge Way, Richmond, British Columbia, Canada, V6X 2W8 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.cpmalternatives.com.
After spending for the past year and a half trying to make CPM Alternatives Limited 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: Helpful community forum|No hidden fees|Detailed reporting|Multi-device support
Cons: Some tools only available on higher tiers
CPM Alternatives Limited 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: Economic calendar|Multiple order types|Customizable dashboard
Cons: No dark mode on mobile|Inactivity fee applies after 12 months
I closed a profitable position at CPM Alternatives Limited 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: Smooth onboarding|Full transparency|No hidden fees
Cons: Limited ETF selection|Desktop app not available on Linux
I wanted to transfer my portfolio from another broker to CPM Alternatives Limited. 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: High security standards|Multi-device support
Cons: Alert system is basic
Customer support at CPM Alternatives Limited 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: Dedicated account manager|Great customer service
Cons: Research section could be deeper
After using CPM Alternatives Limited since the beginning of the year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Detailed reporting|Real-time alerts|Reliable uptime
Cons: Help articles are sometimes vague|Limited ETF selection
I experienced a security concern with my CPM Alternatives Limited account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Tax reports included|Full transparency
Cons: Limited ETF selection
KYC with CPM Alternatives Limited is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Reliable uptime|Fast support response|Good mobile app|Customizable dashboard
Cons: Spreads widen during volatile periods|Email notifications too frequent
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. CPM Alternatives Limited recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Economic calendar|Copy trading available
Cons: No fractional shares
Do not use CPM Alternatives Limited for anything serious. I used them since mid-2025 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: API access|Transparent fees
Cons: Limited demo account features|Slow to add new assets