Score
CM Globals
Australia|2-5 years| https://www.cmglobals.com/
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Rating Index
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- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic Information
Australia
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Website
cmglobals.com
Server Location
France
Website Domain Name
cmglobals.com
Server IP
92.205.7.173
-
co-mo-trade.com
Server Location
Netherlands
Website Domain Name
co-mo-trade.com
Server IP
185.166.188.182
Company Summary
| CM Globals Review Summary | |
| Founded | / |
| Registered Country/Region | Australia |
| Regulation | ASIC (Exceeded) |
| Market Instruments | Forex, metals, cryptocurrencies, energies, stocks and indices |
| Demo Account | / |
| Leverage | / |
| Spread | From 1.9 pips (Basic account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | 24/7 live chat |
| Tel: 1361530261 | |
| Email: info@cmglobals.com | |
| Address: Suite 118, 252 Russell Street, MELBOURNE VIC 3000 | |
CM Globals was registered in Australia and offers a variety of trading instruments, including forex, metals, cryptocurrencies, energies, stocks and indices. The company uses MT5 as its platform, and there are five types of live accounts available.
Pros and Cons
| Pros | Cons |
| Diverse trading products | No valid regulation |
| Multiple account types | |
| No commissions | |
| MT5 trading platform | |
| Popular payment options | |
| No fees for deposits and withdrawals | |
| 24/7 live chat support |
Is CM Globals Legit?
No. CM Globals has no valid regulations currently. Please be aware of the risk!
| Regulatory Status | Exceeded |
| Regulated by | Australia Securities & Investment Commission (ASIC) |
| Licensed Institution | CMGLOBALS AU PTY LTD |
| Licensed Type | Common Business Registration |
| Licensed Number | 665491663 |
| Regulatory Status | Suspicious Clone |
| Regulated by | Australia Securities & Investment Commission (ASIC) |
| Licensed Institution | COMO TRADE PTY LIMITED |
| Licensed Type | Common Business Registration |
| Licensed Number | 662933799 |
What Can I Trade on CM Globals?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Basic | Class | Plus | Pro | Master |
| Min Deposit | $100 | $1,000 | $2,500 | $5,000 | $10,000 |
CM Globals Fees
| Account Type | Basic | Class | Plus | Pro | Master |
| Spread | From 1.9 pips | From 1.7 pips | From 1.5 pips | From 1.3 pips | From 1 pip |
| Commission | ❌ | ❌ | ❌ | ❌ | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Android, IOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
CM Globals accepts payments via Neteller, cryptocurrencies, PayPal, Skrill, and Wire Transfer.
Keywords
- 2-5 years
- Regulated in Australia
- Common Business Registration
- Suspicious Scope of Business
- Australia Appointed Representative(AR) Revoked
- Suspicious Overrun
- High potential risk
News
News CM Globals Sustainable Environment
Leading financial firm, CM Globals, has announced its latest corporate initiative to work together with a firm that promotes sustainable development of agriculture and farming.
2023-04-24 20:37
News CM Globals Raises Its Targets
CM Globals, a leading financial services firm, announced recently that it has raised its targets for the upcoming quarter.
2023-04-24 17:00
News CM Globals Supports Small Investors
CM Globals, a leading financial services firm, announced today that it is committed to supporting small investors by offering the lowest spreads and commissions in the market.
2023-04-15 19:32
Review 8
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FX1930783391
Iraq
They let you think that you are winning, with a 200% guarantee that the indicator is green. And when you win, they tell you that you have to withdraw, and to withdraw, you have to pay a one-time fee to them, which is 10% of the profits, which they want you to pay it from you, not from the profits. They say that "we cannot take from the profits to make it". They urged you every day to make you speed up the process, otherwise the percentage will increase. When you tell them that you do not have the money, they get upset and press you and say, “It’s not my problem. Bring the money." I gave them $2000 to start, but so far I haven’t gotten anything. Be careful [d83d][de4f]
Exposure
2023-09-20
Surachai Chatchavalavanic
Thailand
I tried their class package, but got some highest spreads here, why? Spreads from 1.7 pips? Does not exist!
Neutral
2024-06-26
Yokilala
Nigeria
I recently joined CM Globals and found it frustrating that there's no information on leverage. As someone who considers this crucial for trading decisions, the lack of transparency is concerning. While the diverse selection of instruments is good, the absence of leverage details makes it challenging to fully assess risk. Hope they address this soon for better user experience.
Neutral
2023-12-08
Taunton-Smith
United Kingdom
I recently joined CM Globals and found it frustrating that there's no information on leverage. As someone who considers this crucial for trading decisions, the lack of transparency is concerning. While the diverse selection of instruments is good, the absence of leverage details makes it challenging to fully assess risk. Hope they address this soon for better user experience.
Neutral
2023-12-07
陈先生89752
South Africa
Co-Mo Trade‘s trading environment is poor with frequent platform crashes and slow execution times. Additionally, the trading conditions are not transparent, and it is difficult to find accurate information on fees and commissions. The customer service team is not very knowledgeable and often unable to provide adequate assistance. Overall, Co-Mo Trade does not meet the standards of a trustworthy broker
Neutral
2023-03-22
Chris22593
Singapore
Co-Mo Trade seems to be a safe company, regulated by ASIC. But I found out that this company has only been established for less than a year, and I am worried that it will go out of business.
Neutral
2023-03-02
Xray
Hong Kong
CM Globals rocks with its high maximum leverage, ideal for traders aiming big. And their customer support? Unbeatable, always quick to assist. Definitely worth checking out!
Positive
2024-07-16
Hassan Khand
Pakistan
If there were a 6-star rating, I'd smash it!😌😌😌 Best one I've ever used, hands down...
Positive
2024-05-10