CMX Markets Review: Finding Your Lost Funds
CMX Markets is an online trading platform that offers clients the opportunity to trade various assets, including foreign exchange, indices, and cryptocurrencies. The company has been a subject of discussion among traders in recent times due to concerns over the security and reliability of the platform. Many traders have been left with large sums of money stuck in the platform, leaving them frustrated and helpless. This article aims to provide a detailed review of CMX Markets and offer guidance to traders who may have lost money on the platform.
First Impressions
At first glance, CMX Markets appears to be a reputable platform, offering advanced trading tools, competitive spreads, and a range of payment methods. The platform is user-friendly, with an intuitive interface that makes it easy for new traders to navigate. However, further investigation revealed that the platform is not as trustworthy as it seemed.
Trading with CMX Markets
Trading on CMX Markets is done through a proprietary platform that is web-based and offers a range of trading tools and features. Traders can trade various assets, including foreign exchange, indices, and cryptocurrencies, with leverage available up to 1:100. The platform also offers automatic trading capabilities through its EA module.
Despite its impressive features, CMX Markets has been accused of manipulating traders’ accounts and freezing withdrawals. Many traders have reported receiving strange notifications and unauthorized trades, causing them to incur significant losses.
Regulatory Concerns
One of the most significant concerns with CMX Markets is its regulatory status. The platform is operated by a company called CMX Markets Limited, which is not regulated by any reputable financial regulator. This raises serious concerns over the safety of traders’ funds and the reliability of the platform.
Scammers and Frauds
CMX Markets has also been linked to a number of scams and fraudulent activities. Some traders have reported receiving unsolicited calls and messages from scammers claiming to offer investment opportunities, while others have had their funds stolen by malicious hackers.
Theft of Funds
Unfortunately, many traders who have traded on CMX Markets have had their funds stolen or frozen by the platform. These traders have reported receiving no responses from the platform’s customer support team and are left with little option but to seek the assistance of a dispute resolution service or legal action.
Conclusion
CMX Markets may have appeared like a reputable and trustworthy trading platform at first, but further investigation has revealed that it is nothing more than a scam. Traders who have lost money on the platform
