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CBMH Forex Broker provides real users with * positive reviews, * neutral reviews and 12 exposure review!

CBMH Broker Review

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CBMH Review 12

Latest All(12) Exposure(12)
Exposure
Cbmh company limited likely scam

Hello everyone, I knew a girl from app called travel and she asked for my whats app and we started chatting and she said she is from Thailand but she is visiting her Aunt in Chicago atm and the chat was normal untill she explained to me how much she is making a week and she is doing it throught trading leverage in Gold 1:100 and she have never lost a trade,i do have experience in trading and i understand that what she saying is impossible to win all trades,

FX3020294841
2021-09-21
Exposure
Pay tax for withdraw is a scam!

I was introduced to the scam by a Chinese girl named Lisa to invest in gold through the broker CBMH LTD on the MT4 platform.She is based in Paris and wanted to help me earn more money. After a while and some suspicion, I finally injected little by little all my savings, thinking that I could withdraw whenever I want. when i want to withdraw they asked me to pay taxes when I first tried to withdraw, corresponding to 14% of my invested money. They told me I could then withdraw without limit. I paid it with the help of the Chinese girl the 26th of July 2021, but when I tried to withdraw my money to my bank account, they refused it because they suspected that I am doing money laundering.

Andy loh
2021-09-15
Exposure
scam broker.

A girl named Alina, lured me into investing in this broker. After investment, I found out the girl was a scam, so I withdrew all my funds from the broker through the girl, telling her that I wanted to withdraw to check the credibility of this broker, before investing a further $20k. I got all my money back and never contacted with the girl again. Others stay alert.

FX7359315392
2021-09-09
Exposure
This Broker stole my money!

I was scammed by chinese broker through a girl, named Lisa whom i met on Facebook. Lisa persuaded me to invest in Gold through the Broker's platform. She tricked me into accepting an event in which I can earn 10% of the money invested, but she made it sound differently, only telling me that. I took a loan of 15,000 euros to be able to complete the scheduled event before they freeze my account. She taught me how to buy USD cryptocurrency on Binance and then send the money to my MT4 account linked to the Broker's site. I made several payments using Binance, for a total of roughly 25,000 euros. The Broker asked me to pay taxes when I first tried to withdraw, corresponding to 14% of my invested money. They told me I could then withdraw without limit. I paid it with the help of the Chinese girl. But when I tried to withdraw my money to my bank account, they refused it because they suspected that I am doing money laundering. They said my account was topped up by several people, since the girl sent me money through the platform. I explained the situation to them but they don't want to hear anything and ask to fund 20% of my invested money to unfreeze my account. Obviously they will never allow me to withdraw and all of this was planned by the girl as well. I feel so bad to have been so naive, I hope those scammers will get to jail.

FX1169078433
2021-09-09
Exposure

Scam broker CBMH LIMITED stole 25000 euros from me Thread starterElyus Start dateJul 28, 2021 Tagscbmh limited cbmh ltd I am French and I mae a post here because I have been scammed by a Chinese broker called CBMH LIMITED through a girl I met on Facebook dating. I was introduced to the scam by a Chinese girl named Lisa to invest in gold through the broker CBMH LTD on the MT4 platform.

FX2843103612
2021-08-29
Exposure
Withdrawal issues.

CBMH LTD asked me to pay taxes when I first tried to withdraw, corresponding to 14% of my invested money. They told me I could then withdraw without limit. I paid it with the help of the Chinese girl the 26th of July 2021, but when I tried to withdraw my money to my bank account, they refused it because they suspected that I am doing money laundering. They justificated it by saying that my account was topped up by several people, since the girl sent me money through the platform.

Mayaz Ahmad
2021-08-24
Exposure
CBMH: scam

I was unable to withdraw when making profits. The customer service did not reply. Please help. Beware of it.

สมพง พระประแดง
2021-08-09
Exposure
Scam

Tried to withdraw and the same customer asked for money to unlock my own money

90Pato
2021-07-14

CBMH 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

CBMH is an unregulated forex broker portraying itself as a viable trading platform offering a variety of financial instruments, including forex, CFDs, and cryptocurrencies. However, numerous reports and user grievances signal significant red flags, particularly concerning withdrawal difficulties and potential scam allegations. As such, while CBMH may attract seasoned traders looking for high-leverage trading opportunities, it poses a notable risk to inexperienced investors. In particular, caution is warranted given that those prioritizing regulatory oversight and fund safety should steer clear of this platform. Ultimately, the choice of whether CBMH represents an opportunity or a trap heavily depends on the trader's risk appetite and expertise.

Target Audience: This article is aimed at experienced forex and CFD traders who are seeking high-leverage opportunities but may overlook the critical importance of regulatory safeguards and transparency in a broker's operations.

⚠️ Important Risk Advisory & Verification Steps

Risk Statement: Engaging with CBMH involves substantial risks due to its unregulated status and the many complaints regarding withdrawal issues.

Potential Harms:

  • Loss of funds without recourse due to lack of regulatory oversight.
  • Possible scams designed to extract additional fees from users.

Self-Verification Steps:

  • Research Broker's Regulatory Status: Check regulatory bodies to confirm if the broker is registered.
  • Read Independent Reviews: Look for insights from verified users regarding their experiences.
  • Verify Withdrawal Processes: Understand withdrawal conditions and any associated fees before trading.
  • Be Cautious of Too-Good-to-Be-True Claims: Watch out for unrealistic promises of profits.
  • Monitor Communications: Keep records of communications with the broker for accountability.
  • Rating Framework

    Dimension Rating (out of 5) Justification
    Trustworthiness 1 Lack of regulatory oversight raises significant concerns.
    Trading Costs 2 Competitive initial commission; hidden fees complicate costs.
    Platforms & Tools 3 Utilizes MetaTrader 4; mixed user experiences on usability.
    User Experience 2 Complicated withdrawal processes overshadow trading experience.
    Customer Support 1 Numerous complaints about unresponsive and inadequate service.
    Account Conditions 2 High minimum deposits with unverified withdrawal policies.

    Broker Overview

    Company Background and Positioning

    CBMH, established in 2020, is an unregulated broker operating primarily through its online platform, CBMH Market. Originally presenting itself as a global trading entity with a focus on the forex market, it claims to have multiple offices, including one in the UK. However, its lack of regulatory oversight and a major absence of transparency raise legitimate concerns about its operations and integrity.

    Core Business Overview

    CBMH provides a platform for trading a wide range of assets including forex, CFDs, binary options, stocks, and cryptocurrencies, with leverage offered up to 1:500. The broker also accepts a minimum deposit of $250 to open a standard account. However, the absence of credible regulatory bodies overseeing CBMH is a predominant risk factor that potential clients should be acutely aware of when considering this broker for trading activities.

    Quick-Look Details Table

    Feature Details
    Regulation Unregulated
    Minimum Deposit $250
    Leverage Up to 1:500
    Major Fees Unspecified withdrawal fees
    Account Types Standard, VIP, Islamic
    Trading Platforms MetaTrader 4

    In-Depth Analysis of Each Dimension

    Trustworthiness Analysis

    Regulatory Information Conflicts

    CBMH operates as an unregulated broker, with no legitimate regulatory authority monitoring its activities. Reports mentioned that CBMH uses suspicious licenses and claims regulatory affiliations that do not hold up under scrutiny. This unregulated status places traders at high risk, as their investments may not have any protective measures against fraud.

    User Self-Verification Guide

    • Visit the Regulatory Authority's Website: Check for any listings of CBMH or its associated names.
    • Review User Testimonials: Search for independent reviews on platforms dedicated to financial reviews.
    • Validate Corporate Information: Use official databases to check the company's registration details and its compliance status.
    • Assess User Complaints: Look for detailed accounts on forums discussing withdrawal issues, fees, and customer service responses.
    • Consult Legal Resources: If in doubt, consider legal advice before making financial commitments.
    • Industry Reputation Summary

      CBMH has a tarnished reputation with numerous complaints focused on withdrawal issues and potential scams, revealing a significant level of distrust among users. User feedback indicates that many feel cheated and unable to extract their funds, leading to an ongoing discussion regarding the firm's integrity.

      Trading Costs Analysis

      Advantages in Commissions

      While CBMH may initially appeal through competitive commissions, particularly with forex pairs and CFDs, this strategy can be overshadowed by the lack of clarity surrounding total trading costs.

      Non-Trading Fees

      Persistent user complaints have noted that CBMH frequently imposes hidden fees when attempting to withdraw funds. These complaints often cite situations where users were asked to pay additional taxes or fees unexpectedly. For instance, users reported:

      "They asked me to pay taxes when I first tried to withdraw, corresponding to 14% of my invested money."

      This kind of deceptive practice raises serious concerns about the brokerages transparency and fairness.

      Cost Structure Summary

      Despite initially low commission structures benefiting serious traders, the array of hidden fees and costs associated with withdrawals demands thorough scrutiny. Consequently, traders must be aware of the implications of using an unregulated broker like CBMH, as the double-edged sword of trading costs inhibits the profitability potential.

      Platforms & Tools Analysis

      Platform Diversity

      CBMH offers access to the widely recognized MetaTrader 4 platform, facilitating a sophisticated trading environment with various asset classes. However, the lack of alternative platforms and features—compared to regulated competitors—can limit traders in developing complex strategies.

      Quality of Tools and Resources

      Although the MT4 platform provides effective charting tools and functionalities, user feedback indicates inconsistency in the reliability of trade execution. Many users found it difficult to navigate or experience system lags, detracting from the overall usability of the trading platform.

      Platform Experience Summary

      Overall user experiences with the CBMH trading platform indicate a mix of satisfaction and frustration, presenting potential traders with variability in understanding the full scope of the broker's capabilities.

      User Experience Analysis

      Overall User Sentiment

      The user experience for traders using CBMH has been primarily detrimental, with an overwhelming number of reviews complaining about withdrawal processes, unresponsive customer service, and added fees.

      Account Management Features

      While CBMH claims to offer dedicated account management services, many users reported difficulties in accessing prompt assistance or receiving tailored support, leading to negative sentiments toward their overall trading journey.

      Security Measures

      Given that CBMH operates without regulatory oversight, concerns about the security of funds have been amplified by user experiences reporting issues with account access and integrity.

      Customer Support Analysis

      Support Accessibility

      CBMH offers minimal customer support options, including a contact number and support via QQ. However, user reviews overwhelmingly indicate dissatisfaction with this service due to unresponsiveness and inadequacies in addressing user concerns directly.

      Resolution Effectiveness

      Instances of unresolved withdrawal requests compounded by poor communication strategies have resulted in many users feeling trapped within the platform without adequate recourse.

      Account Conditions Analysis

      Minimum Entry Barriers

      With a required minimum deposit of $250, CBMH positions itself as accessible but complicates the scenario with vague details on account types and withdrawal conditions.

      Leverage and Risk Management

      The allure of high leverage (1:500) can attract seasoned traders, yet it simultaneously increases exposure to potential losses—an essential consideration for inexperienced investors.

      Withdrawal Complications

      Feedback from various sources indicates heightened difficulty in maneuvering the withdrawal processes, reinforcing the general caution that should be exercised when dealing with unregulated brokers like CBMH.

      Conclusion

      Navigating the complex landscape of trading presents inherent risks, especially when partnering with potentially dubious brokers like CBMH. While they may offer an enticing entry into forex, CFD, and cryptocurrency trading, the numerous red flags surrounding this platform—from withdrawal issues to a lack of regulatory oversight—underscore the importance of due diligence for prospective investors. Given the significant risk of potential financial loss, CBMH is best approached with caution, particularly by those unfamiliar with the trading environment.

CBMH review