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CMG

Operating status: SCAM

Website: https://www.cmgau.com/

Broker violations and abnormal records
  • Feb 19, 2025 BrokersView has reviewed that CMG is an unregulated broker

    CMG seems to have copied the registration and licensing information of a legitimate broker, Axi, to appear genuine. Our close comparison suggests that CMG only replaced the branding name with their own when copying such information. 

    In addition, while we found a CMG AUSTRALIA PTY LTD on the register of the Australian Securities and Investments Commission (ASIC), a representative authorized by Axi, the appointment was ceased in 2019.

    We suspect this is a case of identity theft. Investors should exercise extreme caution.

    CMG seems to have copied the registration and licensing information of a legitimate broker, Axi, to appear genuine. Our close comparison suggests that CMG only replaced the branding name with their own when copying such information. In addition, while we found a CMG AUSTRALIA PTY LTD on the register of the Australian Securities and Investments Commission (ASIC), a representative authorized by Axi, the appointment was ceased in 2019. We suspect this is a case of identity theft. Investors should exercise extreme caution.

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