Score

1.19 /10
Danger

CGL

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.56

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

COMEX GROUP LTD

Company Abbreviation

CGL

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: BCZ158) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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CGL · Company summary
CGL Review Summary
Founded2024
Registered Country/RegionUnited States
RegulationSuspicious clone (Securities and Futures Commission of Hong Kong - SFC, License: BCZ158)
Market InstrumentsForex
Demo Account/
Leverage/
SpreadNarrow pricing claimed
Trading PlatformST5 Cross-Platform Software (Android, iPhone, Windows)
Min Deposit/
Customer SupportEmail: support@comexgroupltd.com
Address: 36th Floor, Goldman Sachs Building, 200 West Street, Lower Manhattan, New York, United States of America
Online chat

CGL Information

CGL claims to offer forex trading with narrow pricing and access to liquidity providers. However, its suspicious regulatory status raises trading risks for potential investors.

CGL Information

Pros and Cons

Pros Cons
Claims to provide narrow pricing for forexSuspicious clone license
Cross-platform trading softwareLimited market instruments
Claims to offer access to liquidity poolsLimited trading condition information

Is CGL Legit?

CGL is not a legitimate broker as it operates under a suspicious clone license. This implies that the business has misled itself by asserting, without evidence, to have a regulatory license it does not really own.

Regulatory StatusSuspicious clone
Regulated bySecurities and Futures Commission of Hong Kong (SFC)
Licensed InstitutionDantai Capital Limited
License TypeAsset Management
License NumberBCZ158
Is CGL Legit?

What Can I Trade on CGL?

CGL claims to offer a variety of financial instruments for trading, focusing on forex and other CFDs with narrow pricing and access to liquidity providers.

Tradable Instruments Supported
Forex
Indices
Commodities
Cryptocurrencies
Stocks
ETFs
What Can I Trade on CGL?

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
ST5 Cross-Platform SoftwareAndroid, iPhone, WindowsTraders looking for a user-friendly, cross-platform tool for fast trading
Trading Platform

User Reviews

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User comment

3

Comments

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FLAYXNJ
more than one year
Best broker ever i used, low commision fast withdraw and fast deposit.
Best broker ever i used, low commision fast withdraw and fast deposit.
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2024-06-27 12:26
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FX1232395120
6-12months
그 과정에서 돈을 벌게 되고 원금이 많을수록 큰돈을 벌 수 있기 때문에 거래소에 예치하라고 합니다.그리고 그들에게 돈을 갚으라고 합니다.번 돈으로 인출해 갚아야 한다며 거래소에 출금을 요구하면 출금이 안 된다는 것.정상적이지 않은 돈이라 보증금을 입금해야 출금이 가능하다고 합니다.어느 거래소에서 돈이 들어있다고 정상적이지 않으면 송금이라고 하나요?그는 당신의 개인 정보만 훔칠 것입니다.절대 속지 마 날 믿지 마
그 과정에서 돈을 벌게 되고 원금이 많을수록 큰돈을 벌 수 있기 때문에 거래소에 예치하라고 합니다.그리고 그들에게 돈을 갚으라고 합니다.번 돈으로 인출해 갚아야 한다며 거래소에 출금을 요구하면 출금이 안 된다는 것.정상적이지 않은 돈이라 보증금을 입금해야 출금이 가능하다고 합니다.어느 거래소에서 돈이 들어있다고 정상적이지 않으면 송금이라고 하나요?그는 당신의 개인 정보만 훔칠 것입니다.절대 속지 마 날 믿지 마
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2024-04-24 22:03
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