CMGSFX
According to its website, CMGSFX claims to be regulated by Financial Conduct Authority (FCA) with registration number 146311, National Futures Association (NFA) and the Financial Crimes Enforcement Network (FINCEN).
While we found corresponding records in the FCA to the regulatory number, the company's name and website information linked to this FRN are different from CMGSFX's. It evident that CMGSFX has illegally copied the company's regulatory information to deceive investors.
In addition, we didn't find any matching information in the NFA and FINCEN, and FINCEN is an agency that supervises money laundering and does not have the right to supervise foreign exchange.
The truth is that CMGSFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Therefore, CMGSFX is a scam.
According to its website, CMGSFX claims to be regulated by Financial Conduct Authority (FCA) with registration number 146311, National Futures Association (NFA) and the Financial Crimes Enforcement Network (FINCEN).While we found corresponding records in the FCA to the regulatory number, the company's name and website information linked to this FRN are different from CMGSFX's. It evident that CMGSFX has illegally copied the company's regulatory information to deceive investors. In addition, we didn't find any matching information in the NFA and FINCEN, and FINCEN is an agency that supervises money laundering and does not have the right to supervise foreign exchange.The truth is that CMGSFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Therefore, CMGSFX is a scam.On January 16, 2024, the Financial Conduct Authority (FCA) issued a warning against CMGSFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/cmgsfx
On January 16, 2024, the Financial Conduct Authority (FCA) issued a warning against CMGSFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/cmgsfxBrokersView found that the domain "https://www.cmgsfx.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.cmgsfx.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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