✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company CMGSFX is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about CMGSFX and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitecmgsfx.com
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressUnknown
🕑 Website ageWebsite registered on: March 03, 2023
Company typeBroker for stocks, CFDs, crude oil, precious metals, Bitcoin

Company: CMGSFX does not mention which company it belongs to.

Location: CMGSFX does not mention where the parent company is located.

We can already tell you that we are concerned about several characteristics of this company.

What is CMGSFX?

After having carried out an analysis of the company's website, we can say that CMGSFX is a stock, CFD, crude oil, precious metals, Bitcoin broker.

Account types

The platform does not offer different accounts to carry out operations.

Information on the web

CMGSFX Website

Here we show you a screenshot of the CMGSFX website, which is cmgsfx.com. The capture was made in JANUARY 2024.

Contact: phone numbers and email

– We have found the following email: [email protected]

CMGSFX Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 CMGSFX Final Rating 🚫

We are going to explore the dark landscape of CMGSFX, a broker that presents a number of warning signs that should not be overlooked.

First of all, the actual location of CMGSFX is an enigma. The lack of transparency about your physical location creates a veil of uncertainty that is not conducive to trust. The opacity in this aspect raises doubts about the authenticity and legitimacy of the broker.

Additionally, the presence of fake contact details adds another layer of concern. Trust is essential in investing, and if a broker cannot provide accurate and verifiable information for the contact, this should be a serious red flag.

The lack of regulation is another cause for concern. Regulation provides a vital safety net for investors, and the absence of this leaves investors unprotected and without recourse in the event of problems. The FCA's warning is clear: CMGSFX is not authorized to operate. This should be a clear warning to anyone considering investing with this broker.

In short, the lack of location transparency, false contact details, and the FCA complaint are reasons enough to exercise extreme caution with CMGSFX. My recommendation would be to avoid this broker and look for more reliable and regulated options in the vast world of investments. Protect your money and choose wisely. Invest with caution and responsibility!

Updates

CMGSFX News:

Date Update – news
January 2024Complaint against CMGSFX financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9247 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with CMGSFX.

At the end of the review you will find customer comments.


How to Claim Money Scammed by CMGSFX

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report CMGSFX

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to CMGSFX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report CMGSFX?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is CMGSFX reliable?

No, CMGSFX is not reliable at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to recover money from CMGSFX?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «CMGSFX: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Santiago Reply

    This company is a scam. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Santiago, thanks for writing about CMGSFX. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *