The CNMV issued a Warning against CM FX TRADE On 23 October 2023, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that CM FX TRADE was providing financial services or products in the Spain without authorisation. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
CM FX TRADE
VisitRisk Level - High
CM FX TRADE
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that CM FX TRADE is an Unregulated Broker According to its website, it claims regualted by Comisión Nacional del Mercado de Valores (CNMV), upon investigation, we found that the CNMV issued a warning that CM FX TRADE was providing finacial services or products without authorisation.In addition, it claims regulated by Commissione Nazionale per le Società e la Borsa (CONSOB), but there is no matching information was found in the regulator.The truth is that the CM FX TRADE is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, CM FX TRADE is a scam.
BrokersView has identified that CM FX TRADE's website is currently offline BrokersView found that the domain "https://cmfxtrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
How long will CM FX TRADE credit my deposit? Given its fraudulent nature, we strongly suggest you drop the plan to engage with CM FX TRADE.CM FX TRADE displays logos of two financial regulators, the Comisión Nacional del Mercado de Valores (CNMV) and the Italian Companies and Exchange Commission (CONSOB) to create the impression that they are legitimate. However, the CNMV has added it to its warning list, refuting this claim, and our search for CM FX TRADE in the CONSOB registry didn't yield any results.To safeguard their interests, investors are strongly advised to steer clear of CM FX TRADE and other unlicensed trading platform. If dealing with them, traders will be exposed to fraud and identity theft, with no regulatory rules in place to prevent such disasters. It is always recommended to choose brokers fully regulated. View Source
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