Reviews about CMCbits – another scam from the scam incubator!
CMCbits company’s website offers “the easiest way to trade the world’s markets”. Users are guaranteed access to a universal trading platform and are promised lightning-fast order execution. Why you should not trust the promises of the CMCbits sharashka – we explain in the review.
CMCbits Brand Information – Facts and Signs of Divorce
| Year of foundation | 2022 |
| Jurisdiction | Saint Vincent and the Grenadines |
| Control | Not adjustable |
| Methods of communication | Phone, email, online chat |
In the “About Us” section, the scammers are talking about a team of industry experts who founded the brand and devoted many years to its development and accumulation of experience. The attackers do not publish any more information about the sharashka, maintaining complete anonymity. Checking the domain in the WHOIS database showed that the scam “was born” on February 21, 2022, and its address was paid for until 2025.
Such an insignificant period of operation of the office hints that claims of many years of experience are lies; this is confirmed by the presence of negative reviews about CMCbits.
Web resource overview and range of services
The official website of CMCbits operates exclusively in English, and its template interface is not designed to provide clients with comfortable and safe trading. They offer to simulate trading on such assets as shares, indices , commodities, Forex currency pairs and cryptocurrencies. What terminals are available for this is unknown.
With such a minimal amount of useful information, crooks manage to lure victims with vague promises. Here are the perks they guarantee:
- lightning fast execution – traders are vowed to ensure no slippage or requotes;
- well-balanced decisions – CMCbits provides beginners with educational materials that can be found in every second scam;
- next-generation security – no word on exactly how customer funds are protected.
Trading with a broker – what accounts are available to investors
To fully explore trading on the CMCbits website, you need to open an account. To do this, you must provide personal data and agree to questionable conditions, which are described in six types of accounts. General characteristics are as follows:
- The minimum deposit varies from $250 to $50,000.
- Leverage is available from 1:100 to 1:400.
- CMCbits does not report spreads, swaps or brokerage commissions.
- The list of other services includes a personal manager, trading signals, analytical materials.
Is it worth trading with CMCbits – summing up
All terms and conditions presented on the platform are described in general terms and do not carry any specifics. The scammers offer to deposit funds by credit cards and bank transfer, but they are not going to return the money. Their activities are not regulated; negative reviews about the CMCbits website confirm that scammers are laundering finances. You should not sponsor a scam – it is better to look for another intermediary.
