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CMG

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4.0
(3 Reviews)

Founded: 2019 Min Deposit: 250 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 400

Risk Level I

CMG is only registered with SVG FSA, but SVG FSA does not regulate forex trading.

Score
Business Scope
0.0
Trading Cost
4.7
Trading Platforms
4.7
Support
4.7
Licence Status
SVG FSA 25417-BC-2019
Registered
Contact
+61 240363165
support@cmgau.com
https://www.cmgau.com/
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

5.0

Score

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Company and Service

--

Score

Profile
Headquarters Address
Suite 305, Griffith Corporate Centre, 1510, Beachmont, Kingstown, St. Vincent and the Grenadines
Founded 2019
Broker Type
STP
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
Chinese,  English,  Thai
Customer Service By
Phone,  Email,  Web Form
Supported Language
Chinese,  English,  Thai

Related Complaints

Q&A

I am wondering whether CMG is a regulated platform or not. Could you review this broker?

Lonwabo
France
2021-11-01
ANSWER CMG (Trading name of AxiTrader Limited) is a registered brokerage in Financial Services Authority St. Vincent and the Grenadines (SVG FSA) that provides retail and institutional Foreign Exchange services to investors trading Forex, CFDs, and other tradable instruments as part of their investment portfolio. However, the SVG FSA has announced that it does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. For more details about this broker, you can check our full CMG review. We keep on remind the trader to be wary of offshore brokers as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, NFA, ASIC, etc.
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Overall Score

4.0
3 Reviews

Cost 4.7

Platforms 4.7

Deposit & Withdrawal 5.0

Customer Support 4.7

Indicates the average level of Brokers

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3 Reviews

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eisa almasry
0-6 months Individual Account South Africa
I'm having a bad experience with them. I invested with CMG company earlier this year. They assigned to a financial advisor to help me . After three months and by middle of May He had told me that he will transfer my profits by the end of the month.. I still didn't receive anything. I'm trying to contact him for more than six weeks now but I could not find him on any of the contact numbers he had given to me. I start to think that it was just a way to get money from people by promissing them with profits.
2023-06-24
Reply
John
0-6 months Individual Account Bangladesh
CMGAU is one of tens (possibly hundreds) of brokers operating in Australia, and that's why it makes no sense to choose CMGAU as a broker where you trade before you compare it with competitors.
2023-06-23
Reply
Ellis Carr
Not used yet Individual Account Australia
Because the broker is regulated by the ASIC, there is a high chance that it is not a scam. With that being said, it still does not mean that CMGAU is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
2023-06-23
Reply
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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.

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.