ANSWER CMX Markets is not a licensed or regulated broker even though it states offers that look good to be true. CMX Markets claims to be supervised by the National Bank of Moldova and under banking regulation and supervision of BC Moldova Agroindbank SA. However, as per the information we hold, Moldova does not have any authority to issue licenses for forex trading or regulate forex activities. More importantly, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. You can check the full warning from here.The truth is, CMX Markets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like CMX Markets and trade with licensed brokers.
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