Tag: CMX Markets

Yesterday we, as registered clients, received an email from the offshore broker CMX Markets. In it, we were informed that various bad reviews about the broker had appeared. However, the broker informs us that these are not serious reviews. The fact is that CMX Markets operates without regulatory permission through companies in the Marshall Islands and Moldova. In this respect, we have placed the broker on our Red Compliance list.

Spanish regulator CNMV warned against 13 illegally operating financial websites on February 20, 2023. Among them are 12 broker scams from the Forex, CFD, and crypto sectors and a clone of a CNMV-registered financial services provider. The Spanish-speaking market is extremely attractive for scammers and illegally operating financial service providers, as it can also be used to access a large part of the LATAM markets.