ANSWER No, CMGSFX is not trustworthy. It is an evident fraud scheme.CMGSFX copies regulatory information of a company licensed by the Financial Conduct Authority (FCA) to deceive unwitting investors and falsely claims to be regulated by the National Futures Association (NFA) and registered with the Financial Crimes Enforcement Network (FinCEN). These deceitful practices significantly suggest that CMGSFX is dishonest and expose its intention to defraud.Therefore, we strongly suggest investors stay away from CMGSFX immediately. Individuals, if dealing with this shady broker, will expose themselves to fraud and identity theft, with no legal protections in place. To avoid such substantial risks, it is recommended to choose fully regulated brokers.
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