StocksCM (stockscm.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert.
Phones: +61382567089, +448449864883 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: stockscm.com.
I gave StocksCM (stockscm.com) a fair chance. After for about three months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Detailed reporting|Automated trading options|Low minimum deposit|Copy trading available
Cons: Inactivity fee applies after 12 months
The hidden fees at StocksCM (stockscm.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Clean UI|Excellent charting|Dividend tracking|Dedicated account manager
Cons: Charting tools need more indicators
The platform itself is okay, but the customer service at StocksCM (stockscm.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: High security standards|Easy withdrawals
Cons: Email notifications too frequent|Live chat only during business hours