CMG foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.cmgone.com/live-mt4-registration/, about the company's legal and temporary regulatory information, the company's address Level 5, 126-130 Phillip Street Sydney, NSW 2000 Australia.
CMG Forex Broker
Basic information
Australia
2-5 years Suspicious Regulatory License White label MT4 Regional Brokers High potential riskCompany profile
CMG Information
CMG is an online broker with more than 80 instruments, including forex, cryptocurrencies, precious metals, market commodities indices, and others. It offers free demo accounts and live accounts through the MetaTrader 4 (MT4) platform, leveraging high options up to 1:400 and spreads from 0.2 pips. However, it is unregulated.
Pros and Cons
| Pros | Cons |
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Is CMG Legit?
CMG is unregulated.
What Can I Trade on CMG?
CMG offers more than 80 types of tradable instruments, including Forex, Cryptocurrencies, Commodities, Indices, Precious Metals, and Oil.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Oil | ✔ |
| Indices | ✔ |
| Cryptocurrency | ✔ |
| Metals | ✔ |
| Shares | ❌ |
Account Type
CMG offers two types of accounts: Free Demo Account and Live Account with high leverage options of up to 1:400.
CMG Fees
CMG offers clients trading conditions with low spreads starting from 0.2 pips and a commission-free structure.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
CMG does not charge fees for deposits or withdrawals using any payment method. Supported funding and withdrawal methods include bank wire transfer, credit or debit cards (Visa or MasterCard), Skrill (Moneybookers), C-Link Solution, CoinZoom (cryptocurrency deposit), Finrax (cryptocurrency deposit), China UnionPay, and B2B transfer.
Rating Index
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Latest Reviews
Max Lewis
Netherlands
Between the crazy high minimum deposit, glitchy platform, misleading spreads and wild slippage, CMG just didn't work for my trading style. Maybe it makes sense if you a big baller with tons of capital to risk. But for average folks just trying to grow a small account, way too many obstacles to recommend.
Neutral
2023-10-10
Benjamin Young
Malaysia
the account conditions? I gotta say, as terrible as stale bread in a fancy feast. I got spreads on oil hundreds pips repeatedly. A real test of your endurance, like a never-ending marathon.
Neutral
2023-10-11