The FSMA flags CMCapitals as a clone firm On May 16, 2024, the Belgian Financial Services and Markets Authority (FSMA) flagged CMCapitals as a clone firm and advised investors against responding to any offers made by it. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms

BrokersView has reviewed that CMCapitals is an unregulated broker The website of CMCapitals bears a striking resemblance, both in content and graphic design, to those of dubious brokers previously identified by BrokersView. Its attempts to build credibility through exaggerated language are futile, given the absence of any licensing information to validate its legitimacy.Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has identified CMCapitals as a clone firm and has advised investors to refrain from responding to any offers it makes. This serves as a significant red flag, indicating the risks associated with this unauthorized broker.In essence, CMCapitals is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.CMCapitals appears to be a scam.