CmProTrading presents itself as a platform for trading CFDs on various instruments such as FX pairs, Futures, Indices, Metals, Energies, and Shares. It promises users access to the global markets at their fingertips. However, recent findings raise concerns about the legitimacy of this platform, and potential investors need to be cautious before engaging with CmProTrading.
Website: https://www.cm-tradingpro.com/
Website Availability: Yes
Address: NA
Regulation: Unregulated
Warning: Financial Services Authority (Seychelles)
Domain Age:
- Name CM-TRADINGPRO.COM
- Registry Domain ID 2896048849_DOMAIN_COM-VRSN
- Registered On 2024-07-03T09:44:02Z
- Expires On 2025-07-03T09:44:02Z
- Updated On 2024-08-14T13:34:03Z
Impersonation of a Licensed Brand
The fact that CmProTrading uses the logo of CMTrading, a registered broker overseen by the Financial Services Authority of Seychelles (FSA Seychelles), is among its most concerning aspects. By using this logo, CmProTrading aims to appear authentic and trustworthy, potentially deceiving unsuspecting investors. This fraudulent use of a reputable brand is a tactic often employed by scams to gain trust.
FSA Seychelles Warning
A strong warning regarding CmProTrading and its website, cm-tradingpro.com, has been issued by the FSA Seychelles. The FSA has stated that this website is not associated with any licensed or regulated entity under its authority. This statement directly disproves CmProTrading’s attempt to impersonate the legitimate CMTrading brand, confirming that the platform is not under the regulation or oversight of a legitimate financial body.
Recent Domain Registration Raises Red Flags
Further research into CmProTrading reveals that its domain was only registered in July 2024, which is a strong indication of its recent establishment and potential lack of legitimacy. The short lifespan of the website, combined with its fraudulent claims, adds to the substantial risks associated with trading on this platform.
CmProTrading Review Conclusion
In conclusion, CmProTrading poses a significant risk to investors. Its fraudulent use of a licensed broker’s logo, lack of proper regulation, and recent domain registration all point to a platform that should be avoided. Always exercise caution when investing online, and make sure to verify the legitimacy of any platform before making financial commitments.
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