logo |

News

    Home   >     Original    >     Main body

    A Visit to Forex Broker CLMFX in London

    Abstract:Recently, many investors have reported to WikiFX about the withdrawal problems and severe slippage on the British broker CLMFX.

      Full name of the broker: City of London Markets

      Business scope: Shares, Bonds, CFDs, Futures, Options, Forex, ETFs, etc.

      Address: The Royal Exchange London EC3V 3DG UNITED KINGDOM

      Visited by: WikiFX

      Survey background

      Recently, many investors have reported to WikiFX about the withdrawal problems and severe slippage on the British broker CLMFX. There are even victims claiming that the platform is a deceptive one and hoping WikiFX to verify and expose it. To be responsible for investors with zero tolerance for illegal platforms, WikiFX decided to visit the broker in London.

    1.png

      Address of CLMFX on its official site

      Survey process

      According to the official site of CLMFX, its office in the UK is at the Royal Exchange, which is located in the commercial center of London, the internationally well-known financial center with most forex volumes. As a landmark of the City of London, the rent here is quite expensive, thus traders working in this place are usually strong enough.

    2.png

      Location of the Royal Exchange in the map

      The visitor went straight to the office of CLMFX with the assistance of navigation. After arriving at the destination, a magnificent 19th-century building presented itself with the words “Royal Exchange” on the stone wall demonstrating a strong neoclassical style.

    3.png

      The visitor got through the gate as it was open wide, and the first thing that came into sight was “The Royal Exchange” logo at the entrance. From the exterior decoration, this building showed a clear ritzy image for commerce.

    4.png

      The visitor entered the building along the corridor and found a floor directory. Instead of finding CLMFX's name on the sign, the visitor found a number of jewelers, luxury brands, art dealers, leather companies and restaurants. Whats more, the visitor took a turn around the building but found no information related to CLMFX.

    5.png

      This visit confirms that the workplace of broker CLMFX in UK dose not exist. On the WikiFX APP, CLMFX has only received a rating of 1.83. It is currently under the “operation beyond jurisdictions”, that is, although the brokers are authorized with licenses of the regulatory agencies in various countries (or just register a serial number), the prescribed qualifications do not cover the business of forex brokerage. In other words, the forex tradings provided by these brokers are beyond the supervision of the regulatory agencies, which means the investment capital is under no protection.

    6.jpg

      The broker CLMFX only received a rate of 1.83 on the WikiFX APP

      Important notes: Investors who are worried about whether their brokers are legal can download WikiFX for detail.

      Download via following links:

      iPhone: https://bit.ly/wikifxapp-ios

      Android: https://bit.ly/wikifxSouthasia

    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.