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Regarding the legitimacy of CMS forex brokers, it provides a comprehensive investigation into the security aspects of regulatory SFC,FCA, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Field Survey Danger

Risk Control

Risk Manage

Is CMS safe?

The regulatory license is the strongest proof.

Futures contracts

SFC Dealing in futures contracts

Securities and Futures Commission of Hong Kong

Securities and Futures Commission of Hong Kong

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Dealing in futures contracts
  • Licensed Institution:

    China Merchants Securities (HK) Co., Limited China Merchants Securities (HK) Co., Limited
  • Effective Date:

    2005-01-26
  • Email Address of Licensed Institution:

    compliance@cmschina.com.hk
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    http://www.cmschina.com.hk/
  • Expiration Time:

    --
  • Address of Licensed Institution:

    香港中環康樂廣場8號交易廣場一期48樓
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name
Inv. advsy

FCA Investment Advisory License

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Exceeded
  • License Type:

    Investment Advisory License
  • Licensed Institution:

    China Merchants Securities (UK) Limited China Merchants Securities (UK) Limited
  • Effective Date:

    2014-06-17
  • Email Address of Licensed Institution:

    compliance.uk@cmschina.co.uk
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    https://www.cmschina.com.hk/en/
  • Expiration Time:

    --
  • Address of Licensed Institution:

    3rd Floor 50 Bank Street London E14 5NT UNITED KINGDOM
  • Phone Number of Licensed Institution:

    0044 2074234048
  • Licensed Institution Certified Documents:

11 name

Is CMS a scam, or is it legit?

The latest exposure and evaluation content of CMS brokers.

Hong Kong CMS and Hangzhou CMS, jointly deceive mainland traders. Evading legal sanctions!
From 2024.9.24 to 10.20, mainland employees such as Xu Xinyue went to Hong Kong for exchange and learning training. A foreign exchange investment sector was temporarily developed, with Hong Kong providing the platform and mainland employees responsible for recruiting investors. Once a certain amount of funds is obtained, the accounts will be frozen! They exploit legal loopholes by using Hong Kong law to induce traders to continue depositing money to unfreeze their accounts! It's a never-ending cycle. Exploiting legal loopholes!
Fraud, unable to withdraw funds, inducing only recharge to unfreeze
Fraud, unable to withdraw funds. The first time I could withdraw 3000, but the second time they said I was maliciously withdrawing and insisted that I keep 10 in my account. I said I needed it urgently, so they found various reasons to freeze my account, and then induced me to deposit 100,000 to unfreeze it so that my account could trade normally! The customer service scolded me for not depositing.
Unable to withdraw money
The recommended stocks have been making no money, let me invest in their business: as for Market Maker, they claim that the capital will be protected even if losing money. This is cheaper than the purchase price of investors in the primary market. I made a few orders, and the book profits are indeed increasing. I want to withdraw cash later, they said that they require a 30% deposit. If the payment is overdue, the security deposit will be doubled. That's when I knew I had been duped. The scammer pays back the money quickly.
Unable to withdraw money
At the beginning, they recommended stocks, but as a result, they lost more and more. Later, market makers were opened, and they said it was cheaper than the transaction price in the primary market. In the end, the locked account cannot be opened and the funds cannot be withdrawn (need to pay a deposit) and run away.
CMS's latest industry rating score is 5.91, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. CMS If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.