Reviews
Be the first to review.
CM Globals
Operating status: SCAM
Website: https://www.cmglobals.com/
Broker violations and abnormal records
CM Globals states to be operated under CM (AUST) PTY LTD, which it claims is licensed by the Australian Securities and Investments Commission (ASIC) and serves as an AR of MGF Capital Pty Ltd. However, while the principal licensee MGF Capital Pty Ltd does appear in ASIC’s register, neither CM (AUST) PTY LTD nor CM Globals is listed as an authorized representative under that license. Our search of ASIC’s public database using both the stated entity name and license number yielded no matching records for CM Globals, casting serious doubt on this claim.
Additionally, CM Globals asserts it holds an MSB (Money Services Business) registration with Canada’s Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). While we did locate a matching MSB registration, it is crucial to note that FINTRAC does not regulate forex trading or grant brokerage licenses.
Given these discrepancies, CM Globals appears to be a scam.
CM Globals states to be operated under CM (AUST) PTY LTD, which it claims is licensed by the Australian Securities and Investments Commission (ASIC) and serves as an AR of MGF Capital Pty Ltd. However, while the principal licensee MGF Capital Pty Ltd does appear in ASIC’s register, neither CM (AUST) PTY LTD nor CM Globals is listed as an authorized representative under that license. Our search of ASIC’s public database using both the stated entity name and license number yielded no matching records for CM Globals, casting serious doubt on this claim. Additionally, CM Globals asserts it holds an MSB (Money Services Business) registration with Canada’s Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). While we did locate a matching MSB registration, it is crucial to note that FINTRAC does not regulate forex trading or grant brokerage licenses. Given these discrepancies, CM Globals appears to be a scam.
Copyright © 2026 Wiki Technology Limited
Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.