CM Trading – Is it scam or safe?
CM Trading is a brand name of the financial company Global Capital Markets Trading, which is licensed and regulated by the Financial Services Board (FSB) in South Africa. The FSB license allows it to conduct financial services, including forex.
However, there are some publications in forex forums that inform about bad practices related to vain promises of bonuses and poor customer support.
So far, we haven’t received any complaints from clients of CMTrading.com.
If you feel frustrated by CMTrading.com and have something to share with us, please fill in the form below, describing your case:
This is the worst broker ever! They widen spreads nonstop. They are stoploss hunters. The do always one and the same – steal money. I am sure, they manipulate prices just to take your money. Find another honest broker.
My advice out there is for you to be wise before you invest in any binary option broker I was scammed $450,000 by online broker but at last I found someone who help me to recovered all my lost funds back from a scam broker on this page that stocked my capital with an unregulated broker, If you need assistance with regards of your lost funds from your broker or may be your broker manager asking you to make more deposit before you could make a withdrawal or your account has been manipulated by your broker manager or your broker has blocked your account just because they need you to make more deposit to your account. If you’re interested in getting all your lost funds back Kindly get in contact with Mr Gary. He will retrieve your funds back, I just got my total investment reward thanks Gary
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In general, CM Trading is a good broker and I recommend it. I’ve been trading with them for several months and I tried depositing and withdrawing funds and everything was OK. What I don’t like is that these people keep promising people huge bonuses and offering them some lessons. While I opened my account my “personal” manager told me he wold help me become profitable trader. Surprisingly, when I funded my account he never spoke to me again until I lost half of my money. I don’t accuse anyone, it was my fault, but then I was contacted by another “specialist” and he recommended me to use CopyCat Trading. The day after that I lost almost all my money. Then another “personal manager” called me with the next empty promises. Guys, stop doing that! You are ok for experienced traders. Beginners should use another broker. Good luck!
I’ve been trading with many brokers but CM Trading is the worst big f*** scammer in the world. Better stay away from this cheater. I opened an account with CM Trading and they looked nice in the very beginning. I was fooled by their advertisement – no fee for deposits and withdrawals. I made a profit of $5 and I requested all my deposited money plus these $5. What was my surprise when I saw I was charged $35 and they refuse to admit my profit. I contacted them and they were justified that they covered fees when I made my deposit and now when I withdraw I should pay the fee. I was angry but later they blocked my account. The last thing I want to share is that I haven’t received any bonus. These are nothing but scammers!
I’ve been trading with CM Trading for some months and everything is OK. I like much their trading materials, they helped me a lot.
I would like to share my negative feelings about CM Trading. I decided to open a live account with them and filled my details to their website. Then I received a call from a sales representative who started offering numerous pieces of advices and guidance how to trade. Although I declined them and told that I was an experienced trader he continued offering me promises for good profits and so on. I just wanted to open live account. Then he asked me about my job and my earnings and similar question I refused to answer. Then they answered my questions with huge delays. After this conversation, I planned to think for a while and then to decide if I would deposit some money but they started calling me at any time of the day and night. That was the point I decided to quit. I thin I’ll open my account with another broker.
I lost all my savings to CM Trading . I invested £25,000 and they refused to allow me withdraw both my initial deposit and accrued interest. I have reached out to a recovery expert hack101 @ tutanota com . to help me recover the money back from them and it is really progressing. I have been able to recover over £9,000 and I hope I will get the rest of the money in few days
I stupidly made an investment of £35,000.00 with Umarket Capital trade, to trade in binary options trade. Now when I made the the payment, my bank called and advised to be careful, stupidly I carried on and I authorized the £35,000.00 payment. Next morning when I switched on computer and checked things at UMarket Capital trade, I noticed they have taken another, fee of £750 plus £1000.
This has been taken with no input from me. I have now notified my bank and cancelled my card. Is their anything I can do to claim this money back? Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin recovery, in the person of Mr Chris Elliot, and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can’t believe how possible it is to get my invested capital back, including my bonus with the company. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: [email protected] he will guide you on steps to take and get your funds back.
One wouldn’t really think much of this, all I really wanted to do was invest and be part of it but the way I was misled by this brokers and it was terrible, to easily take money from all in the name of investment and when I wanted to make withdrawals every single attempt was fruitless with constant hassle to invest more I really can’t say more than I have already said. I would really consider myself to be one of the very few lucky ones as I was able to have my funds recovered from Upbit , although it was through unethical means as far I am concerned but what can I care after how my hard-earned funds where taken from me, If your broker lost your funds trading Binary options or any other online fraud
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Please always be careful when choosing where to invest and trade, i was scammed over $350,000 after they convinced me to invest with them hoping to get my profit back. After depositing my first $300,000 waiting to receive my profit after 7 days I waited for over 3 weeks no profit was sent to me , I contacted their customer support team they requested I deposit another $50,000 before they can processed my withdrawal request. I deposited the $50,000 making it total $350,000 and I waited to receive my payment still no profit was sent, i contacted their customer support again this time none of my messages or calls were answered. At this point I became frustrated because I lost all the money in my savings ,in search for help on how I can get access to my fund I was directed to contact some agencies who will help me recover my money back, I never believe because I don’t want to loose more again but I was forced to contact Mrs Betty Richard a binary , bitcoin , forex recovery expert. I contacted her with the email they directed to me after getting my mails he asked me to forward some details to prove am not an impostors, I verified my identity and he asked me to provide all the details concerning my trade, i did exactly all he asked me to do , to God be the glory within 4-5 days I was able to accessed my fund again , the total money lost was recovered successfully. I will advise all scammed victims like me to kindly contact Mrs Betty Richard with the email below for help, she will assist you with all information needed to get back your fund successfully, reach him via her email bettyrichard722 @ gmail. com.
I initially invested a total of $105,000 over a period of 5 weeks my broker. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, She’s a private investigator and wealth recovery expert…Contact him via mail for more inquiries ([email protected]. com), Thought someone might find this information useful.
Due to the ubiquitous nature of binary and monetary scams and the damage they inflict on consumers, several developing countries have banned binary trading through retail investors permanently in addition, Google and Facebook have stopped accepting classified ads similar to binary sites.
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