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CMB foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://english.cmbchina.com, about the company's legal and temporary regulatory information, the company's address 深圳市深南大道7088号招商银行大厦19楼,邮编518040 19 / F.

CMB Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
China Merchants Bank
Abbreviation
CMB
Company employee
--
Contact Number
95555
Company address
深圳市深南大道7088号招商银行大厦19楼,邮编518040 19 / F
Keywords
5-10 years
Suspicious Regulatory License
Global Business
High potential risk

Company profile

CMB SummaryFounded1987Registered Country/RegionHong KongRegulationUnregulatedServicesCommercial banking, financial leasing, fund management, life insurance, overseas investment banking, consumer finance, and wealth management subsidiary...Customer Support24/7 supportTel: +86-95555; +86-755-84391000 (Overseas)Email: support@cryptoadviseruk.comPhysical address: 19/F, China Merchants Bank Building, 7088 Shennan Avenue, Shenzhen, 518040 In 1987, China Merchants Bank (CMB) was founded in Shenzhen by China Merchants Group. CMB provides a wide range of financial services, including deposits, loans, insurance, wealth management, and more. It now offers advanced Digital Bank services via the internet. However, CMB faces questions about its regulatory status.Pros and ConsPros Cons Global presenceNo regulationVarious financial servicesUser-friendly electronic banking24/7 supportIs CMB Legit? No, CMB operates in an unregulated environment, with no specific details available concerning regulatory oversight. The lack of regulated licenses gives rise to concerns regarding the level of asset protection and transparency within the institution.ServicesPersonal clientsPrivate Banking/All in one Card/Electronic Banking/LoanPersonal commercial real estate loan, Loan for study abroad, Personal consumption loan, Personal housing loan, Micro-business loan, Personal car loanInvestInsurance, Gold Trading,Open-ended Fund, Forex Express Trading, Wealth Management Products, and Saving servicesSavingOverseas remittance, Domestic remittance, Intra-city Transfer, Personal Exchange Sale/Purchase, Personal Check, Demand Deposit, Time deposits, Personal Call DepositCorporate clientsInvest BankingM&A financing, Equity financing and enterprise listing services, High-end financial services, Specialist financial consulting services, Underwriting debt financing instrumentsCross-border FinancePensionInternational Trade Financing, Cross-border investment and financing, Global cash management, International Settlement, Offshore baking servicePension'Golden Life' Collective EA Plans, Pension Service Business, Pension ServiceWealth Management/Account Type CMB offers a Sunflower VIP card to clients whose assets in personal accounts at the same branch total RMB 500,000, including RMB current, time, and third-party deposit accounts; funds and entrusted financial products; and certificated bonds. Sunflower VIPs are entitled to enjoy some extra services, such as professional wealth management advisors, a full portfolio of financial products, unique superior loan services, and more.Platform CMB offers two online platforms for you to manage your assets: web banking and app banking.Web Banking With Web Banking, you can manage all your CMB bank cards around the clock. Simply open your computer to access complete account information. You don't even need to pre-designate a remittance account, as you can enjoy fast and convenient transfer services, especially for online shopping.Mobile Banking You can also log in to the mobile banking system on Android or Apple devices to check balances, transfer funds, make repayments, pay bills (including phone bills and household expenses), subscribe to or redeem funds, and utilize financial products, etc.

Rating Index

Pros

Regulated by the Securities and Futures Commission (SFC) in Hong Kong, providing a level of oversight and security.
Offers a variety of services including corporate finance, asset management, and wealth management, catering to diverse financial needs.
Positive customer service feedback, with reports of professional and knowledgeable support representatives.

Cons

Limited range of trading products available, focusing primarily on stocks, options, and futures, with no forex or cryptocurrency trading.
Withdrawal issues reported by users, including claims of difficulties accessing funds and high fees for withdrawals.
Concerns about the legitimacy and safety of the broker, with mixed reviews highlighting potential scams and operational problems.
How to login to CMB?
CMB Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the CMB Complete Account Guide. This comprehensive guide will walk you through the processes of registering, opening an account, and logging into your CMB account. Whether you're a seasoned trader or a newcomer

CMB Forex Broker - Complete Information Guide

1. Broker Overview

CMB International Capital Corporation Limited, commonly referred to as CMB broker, was established in 2010 and is headquartered at 45th & 46th Floor, Champion Tower, 3 Garden Road, Central, Hong Kong. This brokerage operates as a private entity and has built a solid reputation within the financial services sector, focusing primarily on corporate finance, asset management, and wealth management services. Over the years, CMB has developed a diverse client base, serving both retail and institutional investors.

The company has a rich history, marked by key milestones such as its regulatory approval from the Securities and Futures Commission (SFC) of Hong Kong, which has allowed it to offer a range of trading services including stocks, options, and futures. CMB has been recognized for its commitment to providing high-quality financial services, and its operational model includes a strong emphasis on transparency and client support.

CMB operates primarily in the Hong Kong market but extends its services to clients globally, focusing on delivering a reliable trading environment. The brokerage's business model encompasses retail forex trading, institutional services, and asset management, positioning it as a comprehensive financial institution.

2. Regulatory and Compliance Information

CMB broker is regulated by the Securities and Futures Commission (SFC) of Hong Kong. The regulatory license number for CMB International Futures Limited is ACQ 651. The SFC oversees the operations of CMB, ensuring adherence to strict compliance standards aimed at protecting investors and maintaining market integrity.

The regulatory framework under which CMB operates includes robust measures for client fund protection. All client funds are segregated and held in separate accounts, minimizing risk exposure. The brokerage is also compliant with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients undergo thorough verification processes.

CMB broker participates in investor compensation schemes as mandated by the SFC, providing an additional layer of security for its clients. The regulatory oversight ensures that CMB maintains high operational standards, fostering trust among its clients.

3. Trading Products and Services

CMB broker offers a diverse range of trading products tailored to meet the needs of various investors. The brokerage provides access to numerous forex currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY. In addition to forex trading, CMB also supports Contract for Difference (CFD) products across various categories, including indices, commodities, and stocks.

The brokerage is known for its transparent pricing structure and competitive spreads, which are essential for traders looking to maximize their trading potential. CMB continuously updates its product offerings, ensuring that clients have access to the latest financial instruments.

CMB also provides specialized services for institutional clients, including asset management and white-label solutions. The brokerage's asset management services are designed to cater to high-net-worth individuals and institutional investors, offering tailored investment strategies and portfolio management.

4. Trading Platforms and Technology

CMB broker supports a variety of trading platforms to accommodate different trading styles and preferences. While it does not offer MetaTrader 4 or 5, it provides proprietary trading platforms, including Yat Lung Global, SP Trader, and Multicharts. These platforms are designed for use on desktops, mobile devices, and tablets, ensuring that traders can access their accounts anytime, anywhere.

The execution model employed by CMB is primarily Market Making, which allows for quick order execution and competitive pricing. The brokerage invests in advanced technology infrastructure, including high-speed servers located in Hong Kong, to ensure optimal trading conditions.

CMB also offers API access for automated trading, enabling traders to implement algorithmic strategies seamlessly. The brokerage's commitment to technological advancement ensures that clients have access to the tools necessary for successful trading.

5. Account Types and Trading Conditions

CMB broker provides various account types to cater to different trader needs. The standard account requires a minimum deposit, with competitive spreads and commissions. Additionally, CMB offers advanced account types such as VIP and professional accounts, which come with enhanced features and lower trading costs.

The brokerage also provides Islamic accounts that comply with Sharia law, allowing Muslim traders to engage in trading without incurring interest fees. For those new to trading, CMB offers a demo account policy, allowing prospective clients to practice trading in a risk-free environment.

Leverage ratios at CMB vary depending on the account type and product, with maximum leverage typically capped at 1:200. The minimum trade size and overnight fees are clearly outlined in the brokerage's terms, ensuring transparency for all clients.

6. Fund Management

CMB broker supports a range of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with detailed information provided on the brokerage's website. Deposits are processed promptly, with most transactions completed within 1-3 business days.

Withdrawal methods at CMB include bank transfers and e-wallets, with specific processing times and fees associated with each method. The brokerage maintains a transparent fee structure, ensuring that clients are aware of any costs involved in their transactions.

CMB's commitment to fund management includes strict adherence to regulatory guidelines regarding client fund segregation and security, providing clients with peace of mind regarding their investments.

7. Customer Support and Educational Resources

CMB broker offers robust customer support through various channels, including phone, email, and live chat. The support team is available during business hours, providing assistance in multiple languages to cater to its diverse client base.

The brokerage also offers a range of educational resources, including webinars, tutorials, and market analysis services. These resources are designed to help traders enhance their skills and stay informed about market trends.

CMB provides trading tools such as calculators, economic calendars, and signal services, empowering clients to make informed trading decisions. The brokerage's commitment to education and support reflects its dedication to fostering a knowledgeable trading community.

8. Regional Coverage and Restrictions

CMB broker primarily serves clients in Hong Kong and has expanded its reach to international markets. The brokerage has established regional offices to enhance its service offerings and cater to the needs of clients in various jurisdictions.

However, certain countries may have restrictions on trading with CMB due to regulatory compliance issues. Prospective clients are encouraged to verify their eligibility before opening an account to ensure compliance with local laws.

In summary, CMB broker stands out as a reputable financial institution offering a comprehensive suite of trading services, supported by strong regulatory oversight and a commitment to client satisfaction. Its diverse product offerings, advanced trading technology, and robust customer support make it a suitable choice for both retail and institutional investors.

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CMB Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.16, Software Index 4.00 Risk Control Index 0.00.