CMX Markets Review : Fees, Pros and Cons, Reviews by Real Traders

CMX Markets

Operating status: SCAM

Website: https://www.cmxmarkets.com/

Broker violations and abnormal records

Feb 07, 2021 The Spanish CNMV Added CMX Markets into Its Warnings and Alerts
On 8 Feb 2022, the CNMV issued a warning that CMX Markets has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=cmxmarket

On 8 Feb 2022, the CNMV issued a warning that CMX Markets has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=cmxmarket
May 23, 2022 BrokersView has reviewed that CMX Markets is an Unregulated Forex Broker
CMX Markets claims to be supervised by the National Bank of Moldova and under banking regulation and supervision of BC Moldova Agroindbank SA. However, as per the information we hold, Moldova does not have any authority to issue licenses for forex trading or regulate forex activities.
What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. So CMX Markets is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

CMX Markets claims to be supervised by the National Bank of Moldova and under banking regulation and supervision of BC Moldova Agroindbank SA. However, as per the information we hold, Moldova does not have any authority to issue licenses for forex trading or regulate forex activities. What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. So CMX Markets is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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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.

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