• CMC Markets

CMC Markets

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Overview

CMC Markets has a rating of 1.25 stars from 4 reviews, indicating that most customers are generally dissatisfied with their purchases. CMC Markets ranks 210th among Stock Trading sites.

  • Service
    2
  • Value
    2
  • Quality
    2
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
1
How would you rate CMC Markets?
Top Critical Review

“Tricked into paying various fees and unable to withdraw money before scamreveal”

jonathan s.
12/29/22

I made a withdrawal request but the status was "still in progress" for a long time till i expressed my grievances through the scamreveal/net community where our finances were restored. Before this, i had sent several emails to the cmc markets customer service on the same withdrawal issue but instead of getting a withdrawal, i was induced to pay various tax fees because they said funds were frozen and would be flagged as illegal funds that will be charged for tax evasion but each time i paid the fee, another one came up almost immediately with no actual withdrawal in sight.

Reviews (4)

Rating

Timeframe

Other

Thumbnail of user jonathans1719
2 reviews
0 helpful votes
December 29th, 2022
Verified purchase

I made a withdrawal request but the status was "still in progress" for a long time till i expressed my grievances through the scamreveal/net community where our finances were restored. Before this, i had sent several emails to the cmc markets customer service on the same withdrawal issue but instead of getting a withdrawal, i was induced to pay various tax fees because they said funds were frozen and would be flagged as illegal funds that will be charged for tax evasion but each time i paid the fee, another one came up almost immediately with no actual withdrawal in sight.

Thumbnail of user evaq6
3 reviews
1 helpful vote
May 24th, 2021
Verified purchase

Don't go near this. I spent years carefully building up to 1 bitcoin and almost lost it all to these people in January - I still feel sick every time I think of it. Unfortunately I was in a busy patch, did not do much diligence. They have obviously put a lot of effort into appearing legit on the surface as they claim to be able to do automated arbitrage trades at high speed but it was a crock. They "put in" the equivalent to demonstrate the arbitrage, it all mostly disappeared and then they tried to make out that I had not followed their instructions correctly and now owed them money. I lodged this on scamwatch and also opened a fraud case with finrecoup. Org which was how i got back my investment.

Thumbnail of user marcus272727
1 review
1 helpful vote
March 31st, 2023

I had a holding of US shares with CMC Markets. They gave me a phone call and said I had 48 hours to sell the shares, or they would be sold for me. They sold the shares, and I took a loss of $6K on the spot. No apology, no compensation, no admission of wrongdoing. I would recommend you pull your own teeth from your head and eat them before I would recommend giving CMC Markets your money.

Products used:
Share trading both domestic and international.

Service
Value
Quality
Thumbnail of user oyeyinkaakinade
2 reviews
2 helpful votes
March 11th, 2024

"Lost funds for 2 years, couldn't withdraw. Beware of deception. Thanks to **TLSLAWYERS.
C0M** for recovering my investments.
(*Highly recommended for scam victims)*."
Finally Got My Money Back

Service
Value
Quality

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