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CM Globals

Australia|1-2 years|
Regulated in Australia|Common Business Registration|Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|Suspicious Overrun|Medium potential risk|

https://www.cmglobals.com/

Website

Rating Index

Contact

+61 3 6153 0261
info@cmglobals.com
https://www.cmglobals.com/
Suite 118, 252 Russell Street, MELBOURNE VIC 3000

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+61 3 6153 0261

Broker Information

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Company Name

CM Globals PTY Limited

Company Abbreviation

CM Globals

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-02-23
  • AustraliaASIC (license number: 001299459) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 665 491 663)Administration of Industry and Commerce-Register Non-Forex License. Please be aware of the risk!

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CM Globals · Company Summary

Aspect Information
Registered Country/Area Australia
Founded year 1-2 years
Company Name CM Globals PTY Limited
Minimum Deposit $100
Maximum Leverage Not specified
Spreads Starts at 1.7 pips for Co-Basic
Trading Platforms Co-Fund
Tradable assets Stocks, Cryptocurrencies, Currency Pairs, Metals, Energies, Indices
Account Types Co-Basic, Co-Class, Co-Pro, Co-Master
Customer Support 24/7 support via contact form and email
Payment Methods VISA, Mastercard, PayPal, Skrill, WireTransfer, Binance, Coinbase, Tether, Bpay, Neteller, Bitcoin, eBay, POLI
Educational Tools Fundamental Analysis, Technical Analysis, Psychology, Advanced Technical Analysis

Overview of CM Globals

Registered in Australia, CM Globals is an online forex broker offering a variety of market instruments, including stocks, cryptocurrencies, currency pairs, metals, energies, and indices. This diverse selection allows investors to participate in global markets and potentially benefit from opportunities in different regions.The account types provided by CM Globals cater to different investment ranges, from Co-Basic to Co-Master.

basic-info

Pros and Cons

CM Globals has a number of pros and cons to consider. On the positive side, it offers a diverse selection of stocks from various industries, facilitating trading in popular cryptocurrencies, and provides a range of investor categories with different services. It also supports multiple payment methods, offers educational resources for informed trading decisions, and provides 24/7 customer support. However, this is no information on leverage.

Pros Cons
  • Offers diverse selection of stocks from various industries
  • Lack of information on leverage
  • Facilitates trading in popular cryptocurrencies
  • Offers a range of investor categories with different services
  • Supports multiple payment methods
  • Provides educational resources for informed trading decisions
  • Offers 24/7 customer support

Regulation

CM Globals has been registered with the Australia Securities and Investment Commission (ASIC), which may give traders some confidence when trading with this broker.

regulation

Market Instruments

STOCKS:CM Globals offers more than hundred market instruments through its global network. With access to numerous stock exchanges around the world, CM Globals provides a platform for trading stocks from various industries and countries. This diverse selection allows investors to participate in global markets and take advantage of opportunities in different regions.

CRYPTOCURRENCIES: CM Globals facilitates transactions in cryptocurrencies through its platform. It supports trading in a variety of digital currencies, including popular ones such as Bitcoin, Ethereum, and Litecoin. By providing access to the cryptocurrency market, CM Globals allows investors to participate in this rapidly evolving asset class and potentially benefit from price fluctuations.

CURRENCY PAIRS: CM Globals offers a range of currency pairs for trading purposes. These pairs represent the exchange rates between different currencies, such as the EUR/USD or GBP/JPY. By providing access to the foreign exchange market, CM Globals enables investors to speculate on the relative value of currencies and potentially profit from fluctuations in exchange rates.

METALS: CM Globals provides access to various metal market instruments. This includes instruments related to precious metals like gold, silver, platinum, as well as industrial metals such as copper and aluminum. By offering trading opportunities in metals, CM Globals allows investors to diversify their portfolios and potentially benefit from price movements in these commodities.

ENERGIES: CM Globals offers market instruments related to energy commodities such as oil, natural gas, and other energy products. These instruments allow investors to participate in the energy market and potentially benefit from changes in supply and demand dynamics or geopolitical events that affect energy prices.

INDICES: CM Globals provides access to a range of market indices from around the world. These indices represent the performance of a group of stocks from a specific region or industry. By offering trading instruments linked to indices, CM Globals enables investors to gain exposure to broader market trends and potentially benefit from the overall performance of a specific market segment.

 market-instruments

Account Types

CM Globals offers a range of investor categories, including Co-Basic, Co-Class, Co-Pro, and Co-Master, each with specific investment ranges and accompanying services, to cater to the diverse needs of its clients.

Co-Basic is an investor category offered by CM Globals for individuals with an investment range of $100 to $1999. This account type requires a deposit and provides services such as an investment assistant service, daily bulletin, and trade support. The spread for trading starts at 1.7 pips, and there are no commissions charged.

Co-Class is another investor category provided by CM Globals, targeting investors with an investment range of $2000 to $4999. Similar to Co-Basic, this account type requires a deposit and offers services such as an investment assistant service, daily bulletin, and trade support. The spread for trading starts at 1.4 pips, and there are no commissions involved.

Co-Pro is an investor category suitable for individuals with an investment range of $5000 to $9999. This account type necessitates a deposit and provides services like an investment assistant service, daily bulletin, and trade support. The spread for trading starts at 1.1 pips, and no commissions are charged for transactions.

Co-Master is the highest investor category offered by CM Globals, catering to individuals with investments of $10,000 or more. A deposit is required for this account type, which includes services such as an investment assistant service, daily bulletin, and trade support. The trading spread starts at 0.8 pips, and there are no commissions associated with trades.

account-types

How to Open an Account?

To open an account with CM Globals, follow these steps:

  1. Click on the “Register” button or the equivalent option provided on their website.

account-types

2. Fill out the required information in the “Create Account” form. Enter your first name and last name in the respective fields.

3. Provide a valid email address, as this will be used for communication and account verification purposes.

4. Select your country of residence from the available options provided, such as Japan (JP).

5. Enter your phone number, including the country code, such as +81 for Japan.

6. Choose a secure password for your account and enter it in the designated field. Ensure it meets the specified requirements.

7. Confirm your password by entering it again in the provided field.

8. Read and agree to the terms and conditions set by CM Globals.

9. Finally, click on the “Signup” button or its equivalent to complete the account registration process.

account-types

Spreads & Commissions

CM Globals offers different spreads and commission structures based on the investor category. The spreads for trading start at 1.7 pips for Co-Basic, 1.4 pips for Co-Class, 1.1 pips for Co-Pro, and 0.8 pips for Co-Master. There are no commissions charged for any of the investor categories.

Trading Platforms

CM Globals offers the Co-Fund, which includes features such as the Co-Fund wallet, which allows users to easily check their account balance and request withdrawals. Live charts are available to track both instant and historical changes in fund amounts. Exclusive content is provided to users, offering suggestions and support tailored to their needs. The trading platform is accessible through both web and mobile versions, allowing users to follow their trades from anywhere. Stay informed with Mr. Como, who provides personalized instant news to keep users up to date with market developments. The platform offers a unique user experience for trading, with live charts that make it easy to track funds and stay updated on Co-Fund and market-related news. Additionally, users can access specialized educational content to continuously learn about global markets, enhancing their trading knowledge.

trading-platform

Payment Methods

CM Globals offers a range of payment methods to facilitate transactions for its customers. These methods include VISA, Mastercard, PayPal, Skrill, WireTransfer, Binance, Coinbase, Tether, Bpay, Neteller, Bitcoin, eBay, and POLI. These options provide customers with diverse choices for making payments based on their preferences and needs. By accepting widely recognized credit and debit cards such as VISA and Mastercard, CM Globals enables customers to utilize their existing financial instruments for transactions. Additionally, the inclusion of popular digital payment platforms like PayPal, Skrill, Binance, Coinbase, and Neteller enables users to transfer funds electronically. For those who prefer cryptocurrencies, CM Globals accepts Bitcoin and Tether, allowing customers to engage in secure and decentralized transactions. Moreover, the availability of Bpay and POLI provides alternative payment options to cater to a wider audience.

payment-methods

Educational Resources

CM Globals offers a range of educational resources in the areas of Fundamental Analysis, Technical Analysis, Psychology, and Advanced Technical Analysis. Fundamental Analysis involves assessing the internal value of an asset using existing data and market news. It considers factors such as geopolitical events, macroeconomic data, and global market trends. Technical Analysis focuses on making assumptions based on past price movements and charts, using indicators to forecast future price movements. Psychology explores the influence of psychological factors on financial markets, including investor emotions and decision-making. Advanced Technical Analysis involves observing instruments using indicators and technical analysis tools to engage in systematic trading.

educational-resources

Customer Support

CM Globals offers 24/7 customer support, so that customers can receive assistance at any time of the day. To get in touch with the customer support team, customers can access the contact information provided by CM Globals. With back offices located in multiple countries, CM Globals offers convenient options for contacting their support team. The contact details for various locations, including Melbourne, Ottawa, and Sydney, are provided for customers to choose their preferred means of communication.

Customers can reach out to CM Globals by filling out a form on their website. They can share their opinions, ask questions, make requests, or file complaints regarding the services or products offered by CM Globals. By providing their full name, email address, phone number, and a brief explanation of their message, customers can expect to be contacted soon by the support team to address their concerns.

For specific inquiries, CM Globals provides email addresses for different purposes. Customers can send their inquiries to the respective email addresses based on the nature of their inquiry. The provided email addresses include info@cmglobals.com for general information, marketing@cmglobals.com for marketing-related inquiries, and support@cmglobals.com for support-related matters.

customer-support

Conclusion

In conclusion, CM Globals offers a diverse selection of market instruments, including stocks, cryptocurrencies, currency pairs, metals, energies, and indices. This variety allows investors to participate in global markets and potentially benefit from opportunities in different regions. Additionally, CM Globals provides multiple account types catering to the diverse needs of its clients, along with a range of payment methods for convenient transactions.

FAQs

Q: What market instruments does CM Globals offer?

A: CM Globals offers stocks, cryptocurrencies, currency pairs, metals, energies, and indices for trading.

Q: What are the different account types at CM Globals?

A: CM Globals offers Co-Basic, Co-Class, Co-Pro, and Co-Master accounts with varying investment ranges and services.

Q: How can I open an account with CM Globals?

A: Visit their website, complete the registration form with your information, and agree to the terms and conditions.

Q: What are the spreads and commissions at CM Globals?

A: Spreads start at 1.7 pips for Co-Basic, 1.4 pips for Co-Class, 1.1 pips for Co-Pro, and 0.8 pips for Co-Master. No commissions are charged.

Q: What trading platform does CM Globals provide?

A: CM Globals offers the Co-Fund trading platform, accessible via web and mobile, with features like live charts and market news.

Q: What payment methods does CM Globals accept?

A: CM Globals accepts VISA, Mastercard, PayPal, Skrill, WireTransfer, Binance, Coinbase, Tether, Bpay, Neteller, Bitcoin, eBay, and POLI.

Q: What educational resources are available at CM Globals?

A: CM Globals provides educational resources on Fundamental Analysis, Technical Analysis, Psychology, and Advanced Technical Analysis.

Q: How can I contact CM Globals customer support?

A: Customers can contact CM Globals 24/7 through their website form or via email using the provided addresses for general, marketing, or support inquiries.

News

CM Globals Sustainable Environment

NewsCM Globals Sustainable Environment

2023-04-24 20:37

Leading financial firm, CM Globals, has announced its latest corporate initiative to work together with a firm that promotes sustainable development of agriculture and farming.

WikiFX
2023-04-24 20:37
News
CM Globals Sustainable Environment
CM Globals Raises Its Targets

NewsCM Globals Raises Its Targets

2023-04-24 17:00

CM Globals, a leading financial services firm, announced recently that it has raised its targets for the upcoming quarter.

WikiFX
2023-04-24 17:00
News
CM Globals Raises Its Targets
CM Globals Supports Small Investors

NewsCM Globals Supports Small Investors

2023-04-15 19:32

CM Globals, a leading financial services firm, announced today that it is committed to supporting small investors by offering the lowest spreads and commissions in the market.

WikiFX
2023-04-15 19:32
News
CM Globals Supports Small Investors

User Reviews

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Yokilala
more than one year
I recently joined CM Globals and found it frustrating that there's no information on leverage. As someone who considers this crucial for trading decisions, the lack of transparency is concerning. While the diverse selection of instruments is good, the absence of leverage details makes it challenging to fully assess risk. Hope they address this soon for better user experience.
2023-12-08 10:08
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0
0
Taunton-Smith
more than one year
I recently joined CM Globals and found it frustrating that there's no information on leverage. As someone who considers this crucial for trading decisions, the lack of transparency is concerning. While the diverse selection of instruments is good, the absence of leverage details makes it challenging to fully assess risk. Hope they address this soon for better user experience.
2023-12-07 18:34
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0
0
陈先生89752
more than one year
Co-Mo Trade‘s trading environment is poor with frequent platform crashes and slow execution times. Additionally, the trading conditions are not transparent, and it is difficult to find accurate information on fees and commissions. The customer service team is not very knowledgeable and often unable to provide adequate assistance. Overall, Co-Mo Trade does not meet the standards of a trustworthy broker
2023-03-22 12:27
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0
0
Jalil
6-12months
SCAM . STOLE MONEY FROM ARAB PEPOLE
2023-03-11 08:57
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0
0
Chris22593
more than one year
Co-Mo Trade seems to be a safe company, regulated by ASIC. But I found out that this company has only been established for less than a year, and I am worried that it will go out of business.
2023-03-02 16:31
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