Score

1.35 /10
Danger

CM Globals

Australia

2-5 years

Regulated in Australia

Common Business Registration

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index1.25

Business Index5.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

CM Globals PTY Limited

Company Abbreviation

CM Globals

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2025-01-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • AustraliaASIC (license number: 001299459) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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CM Globals · Company summary
CM Globals Review Summary
Founded/
Registered Country/RegionAustralia
RegulationASIC (Exceeded)
Market InstrumentsForex, metals, cryptocurrencies, energies, stocks and indices
Demo Account/
Leverage/
SpreadFrom 1.9 pips (Basic account)
Trading PlatformMT5
Min Deposit$100
Customer Support24/7 live chat
Tel: 1361530261
Email: info@cmglobals.com
Address: Suite 118, 252 Russell Street, MELBOURNE VIC 3000

CM Globals was registered in Australia and offers a variety of trading instruments, including forex, metals, cryptocurrencies, energies, stocks and indices. The company uses MT5 as its platform, and there are five types of live accounts available.

CM Global's homepage

Pros and Cons

Pros Cons
Diverse trading productsNo valid regulation
Multiple account types
No commissions
MT5 trading platform
Popular payment options
No fees for deposits and withdrawals
24/7 live chat support

Is CM Globals Legit?

No. CM Globals has no valid regulations currently. Please be aware of the risk!

Regulatory Status Exceeded
Regulated by Australia Securities & Investment Commission (ASIC)
Licensed Institution CMGLOBALS AU PTY LTD
Licensed TypeCommon Business Registration
Licensed Number665491663
Exceeded ASIC license
Regulatory Status Suspicious Clone
Regulated by Australia Securities & Investment Commission (ASIC)
Licensed Institution COMO TRADE PTY LIMITED
Licensed TypeCommon Business Registration
Licensed Number662933799
Suspicious clone ASIC license

What Can I Trade on CM Globals?

Tradable Instruments Supported
Forex
Metals
Energies
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Global markets

Account Type

Account TypeBasicClassPlusProMaster
Min Deposit$100$1,000$2,500$5,000$10,000
Account comparison

CM Globals Fees

Account TypeBasicClassPlusProMaster
SpreadFrom 1.9 pipsFrom 1.7 pipsFrom 1.5 pipsFrom 1.3 pipsFrom 1 pip
Commission

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Android, IOSExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

CM Globals accepts payments via Neteller, cryptocurrencies, PayPal, Skrill, and Wire Transfer.

Payment icons

News

NewsCM Globals Sustainable Environment

Leading financial firm, CM Globals, has announced its latest corporate initiative to work together with a firm that promotes sustainable development of agriculture and farming.

WikiFX
2023-04-24 20:37
CM Globals Sustainable Environment

NewsCM Globals Raises Its Targets

CM Globals, a leading financial services firm, announced recently that it has raised its targets for the upcoming quarter.

WikiFX
2023-04-24 17:00
CM Globals Raises Its Targets

NewsCM Globals Supports Small Investors

CM Globals, a leading financial services firm, announced today that it is committed to supporting small investors by offering the lowest spreads and commissions in the market.

WikiFX
2023-04-15 19:32
CM Globals Supports Small Investors

User Reviews

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User comment

8

Comments

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Xray
more than one year
CM Globals rocks with its high maximum leverage, ideal for traders aiming big. And their customer support? Unbeatable, always quick to assist. Definitely worth checking out!
CM Globals rocks with its high maximum leverage, ideal for traders aiming big. And their customer support? Unbeatable, always quick to assist. Definitely worth checking out!
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2024-07-16 17:39
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Surachai Chatchavalavanic
more than one year
I tried their class package, but got some highest spreads here, why? Spreads from 1.7 pips? Does not exist!
I tried their class package, but got some highest spreads here, why? Spreads from 1.7 pips? Does not exist!
Translate to English
2024-06-26 14:27
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