CM Trade is a scam broker. This review proves that the operations of cmtrade.com (formally change888.com) are illegal and dangerous.

If this Chinese broker has scammed you, there is something you can do to reclaim your lost funds. You need to click here immediately and follow our guide.

Broker Review: Is CM Trade (cmtrade.com) legit or a scam?

This entity is presenting a brokerage platform for trading but they are not honest.

We have also observed that the broker does not want anything to do with transparency. These are characteristics of a typical scam.

CMTrade.com fails to provide details of their company. This means we can’t determine who runs or owns the company.

Before we even get to the regulatory status of CM Trade, we need to question their reputation.

And in our investigations, we found out that not a single customer feedback could be found about this broker.

Their website is primarily in Chinese language meaning that they’re targeting Chinese traders and investors.

If you look at CMTrade website, you also realize that the anonymous owners are enticing people to sign up and deposit funds.

During the registration process, they will ask you for your phone number and this is because the scammers are very good at calling you over the phone to persuade you to transfer funds to them.

Majority of people who create account with CM Trade end up transferring money to the crooks because of their sales language. However, these victims have ended up losing the funds that they deposited in the illegal CMTrade platform.

CM Trade Review: Not Authorized or licensed broker

Chinese financial regulator (China Securities Regulatory Commission (CSRC)) has not authorized this broker to provide financial services.

This proves that CMTrade is an illegal broker that is targeting Chinese traders and investors.

The reason why they don’t hold a license is because the regulator has tough requirements that no scammer can meet.

This does not prevent the crooks from running their scams as it has been proven that theft involving brokers is still going on nevertheless.

CMTrade Reviews and customer feedback

CMTrade does not have any reviews or feedback from customers. The site is not popular because it only caters for Chinese speaking individuals.

On the other hand, if this broker was reliable, there would be a lot of positive feedback coming from traders and investors who use the service.

So far, we canot find any reviews regarding how this broker treats its clients.

Conclusion of this CMTrade broker review

This broker is running a dirty scam. They are promising hot air because the platform is a trap meant to lure victims before it can snatch their deposit.

If you have been scammed, we recommend applying for chargeback here.

Thanks for reading this review.