Forex Brokers

CPM Alternatives Limited

1.4 (15 reviews)
🇦🇺 Australia
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1.4
15 reviews
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About CPM Alternatives Limited

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.

Customer Reviews

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No negative balance protection

O
Olivia O.
6 months ago

The mobile app from CPM Alternatives Limited 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: Easy withdrawals|Clear documentation

Cons: Limited ETF selection|Website design could be more modern

They have truly outdone themselves in incompetence

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Vanessa T.
7 months ago

I opened an account with CPM Alternatives Limited for about ten months 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: Social trading features|Professional team|Risk management tools

Cons: Minimum deposit could be lower|Limited cryptocurrency options

Lost money due to their incompetence

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Ethan E.
7 months ago

I am in a dispute with CPM Alternatives Limited over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Social trading features|Fast deposits|Responsive team|Helpful community forum

Cons: Website design could be more modern

Laughably bad service

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Emily B.
8 months ago

I referred a friend to CPM Alternatives Limited after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Competitive fees|Market news feed|Dedicated account manager

Cons: Email notifications too frequent

The support team is useless

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Nathan K.
8 months ago

CPM Alternatives Limited locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: High security standards|Multi-device support|Instant funding|Stable platform

Cons: No phone support on weekends|Nothing significant