PP
PACMOBILE P

1 reviews | Active since Nov 2023

27 Nov 2023, 11:17

CM TRADING IS A ****

I wILL like to warn the public about WWW.CMTRADING.COM Still no response from the group or help. Guys stay away from this broker if you don't want to lose your hard-earned money.

I would like to warn the public about CM TRADING, I invested 100k rands to start trading and was told a broker would call me to guide me on how to make a profit. I was excited when the broker called me and told me all sorts of lies and I should invest more money to become VIP I ended up investing 20k USD. The broker called me and gave me the wrong signals he told me to buy USDZAR while it was too high instead of me to sell. My account ended up being liquidated as a result of all the bad trades he told me about. I couldn't even withdraw 1k USD from my account because I would lose my deposit I must keep on trading. As we speak, I don't have any money in my trading account, and I never made any withdrawals. So please be careful don't invest with WWW.CMTRADING.COM.

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Replies (1)
CM Trading
CM Trading's reply05 Jan 2024, 14:33
Official
Dear Pacmobile, 

Kindly note that we are an FSCA and FSA-regulated Broker, and our goal is to make trading as easy and enjoyable as possible. We provide trading services and clients that register with us, are creating a trading account and they must fund this account with the least the minimum required amount and verify it with documents to start trading. 
In addition, it is important to note that we do not trade for our clients nor do we tell our clients on which instruments to place trades. However, we offer various training tools and educational materials so you can learn and understand how trading works. 

Our clients have the option to request a withdrawal from their account whenever they wish and the withdrawal is processed by the finance department within 3 business days after which the funds are transferred to the available method. 

Any profits you will make depend on your trading decisions. It should be noted that profits cannot be guaranteed. The markets are volatile, which is what makes them interesting and potentially lucrative. Having said that, volatility can also go against you therefore you must be fully aware of the risks. 

The decisions that you make must be supported by real data. The market movements are real and affected by the economic climate in the world. Important economic events will have an impact on the rise or fall of a currency or a stock. You just need to recognize those movements to take advantage of them. 

Clients can always contact our dedicated customer support department through any of our contact details which can be found on our website, for more help and information.