Abstract: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 Globals Review Summary | |
Founded | / |
Registered Country/Region | Australia |
Regulation | ASIC (Exceeded) |
Market Instruments | Forex, metals, cryptocurrencies, energies, stocks and indices |
Demo Account | / |
Leverage | / |
Spread | From 1.9 pips (Basic account) |
Trading Platform | MT5 |
Min Deposit | $100 |
Customer Support | 24/7 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.
Pros | Cons |
Diverse trading products | No valid regulation |
Multiple account types | |
No commissions | |
MT5 trading platform | |
Popular payment options | |
No fees for deposits and withdrawals | |
24/7 live chat support |
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 Type | Common Business Registration |
Licensed Number | 665491663 |
Regulatory Status | Suspicious Clone |
Regulated by | Australia Securities & Investment Commission (ASIC) |
Licensed Institution | COMO TRADE PTY LIMITED |
Licensed Type | Common Business Registration |
Licensed Number | 662933799 |
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Basic | Class | Plus | Pro | Master |
Min Deposit | $100 | $1,000 | $2,500 | $5,000 | $10,000 |
Account Type | Basic | Class | Plus | Pro | Master |
Spread | From 1.9 pips | From 1.7 pips | From 1.5 pips | From 1.3 pips | From 1 pip |
Commission | ❌ | ❌ | ❌ | ❌ | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Desktop, Android, IOS | Experienced traders |
MT4 | ❌ | / | Beginners |
CM Globals accepts payments via Neteller, cryptocurrencies, PayPal, Skrill, and Wire Transfer.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.