Opinions and information about the CMarket broker
¿It is the really reliable CMarket (aka cmarket.cc) broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The CMarket broker is a broker of: Forex, CFD and Cryptocurrencies.
The broker mentions to be part of: not mentioned.
CMarket is based in: Germany. Although the broker is not regulated in Germany, so it is not clear.
If we talk about regulation, CMarket is: they do not mention anything about its regulation, so we believe that CMarket is an unregulated broker.
We will continue to analyze the different account types that CMarket offers. In the case of CMarket we note that 5 types of account: the Micro Account, the Classic Account, the Silver Account, the Gold Account and the Platinum Account.
Micro account- Minimum initial deposit of $ 1.000, up to 10% bonus.
Classic account- Minimum initial deposit of $ 5.000, up to 20% bonus, 24/5 customer service, trading signals.
Silver Account: minimum initial deposit of $ 20.000, up to 40% bonus, customer support 24 hours 5 days a week, trading signals, personal trading plan.
Gold Account: minimum initial deposit of $ 50.000, up to 75% bonus, customer support 24 hours 5 days a week, trading signals, personal trading plan, risk management plan.
Platinum Account: minimum initial deposit to ask CMarket, unlimited sessions with Head Analyst, customer service 24 hours 5 days a week, trading signals, personal trading plan, market psychology training, annual traders convention.
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The trading platforms used are: the MT4 platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that CMarket offers, frequently asked questions, some live charts, explanation of some basic concepts of the world trading, economic calendar, really not much else.
Additional information about the company
Phone number: +442038079233
Clarification: The investment company CMarket works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, it is not clear where it really has a base (since it mentions Germany but does not have the regulation of the BaFin, German regulator), when looking for information and other evaluations about CMarket we could not find any other review, which makes think that it is a "new" company.
July 2020 update: CNMV, the financial regulator of Spain, has reported to CMarket for fraudulent activities.
January 2021 update: FMA, Austrian financial regulator, has reported CMarket for fraudulent activities.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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