CMX Markets Review

About CMX Markets

CMX Markets operates without valid regulation and holds no licensing from recognized authorities. The Spanish Comisión Nacional del Mercado de Valores (CNMV) issued a warning dated 8 February 2022 stating that CMX Markets is not authorised to provide investment services to clients based in Spain; the entity is targeting that jurisdiction without proper authorization ().

Claims by CMX Markets of being supervised by the National Bank of Moldova or under the banking regulation of BC Moldova Agroindbank SA are invalid. Moldova lacks any authority to issue forex trading licenses or oversee forex activities (). The broker reportedly operates through CMX Markets Ltd, registered in the Marshall Islands, with operations linked to Moldova, but maintains no legitimate regulatory oversight ().

Trading conditions such as “leverage up to 1:300” or “up to 1:500”, MetaTrader 4/5 platforms, multiple asset classes including forex, CFDs, indices, commodities, and cryptocurrencies have been claimed. However, given the lack of regulation and inconsistent or unverifiable information on spreads, account types, deposit/withdrawal methods, and fees, all such offerings remain unverified ().

Pros and cons

Cons

• No regulatory licences from recognized authorities; CNMV warning issued on 8 February 2022 ().
• Misleading claims of oversight by Moldovan authorities, which lack authority over forex brokers ().
• Unclear corporate ownership and jurisdiction structure (Marshall Islands, Moldova) without transparency ().
• Unverified trading conditions, platforms, account types, and lack of transparent fee or payment structure ().
• Website currently inaccessible according to BrokersView, representing a further operational red flag ().