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Global Broker Regulation & Inquiry App
Suspicious Clone
Score
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/10
CGL
United States|1-2 years| Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|
https://comexgroupltd.com/index1
Website
Rating Index
Contact
support@comexgroupltd.com
https://comexgroupltd.com/index1
Licenses
Licensed Institution：Dantai Capital Limited
License No.：BCZ158
VPS Standard
*No restriction on the broker account
Single Core
1G
40G
1M*ADSL
Warning: Low score, please stay away!
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2
Basic information
Registered region United States
United StatesOperating period
1-2 years
Company Name
COMEX GROUP LTD
Abbreviation
CGL
Company employee
--
Customer Service Email Address
support@comexgroupltd.com
Company website
Keywords 5
1-2 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential risk4
Website
Company Summary
Review
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Official website
Website
comexgroupltd.com
Server Location
United States
Website Domain Name
comexgroupltd.com
Server IP
172.67.135.53
Company Summary
| CGL Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United States |
| Regulation | Suspicious clone (Securities and Futures Commission of Hong Kong - SFC, License: BCZ158) |
| Market Instruments | Forex |
| Demo Account | / |
| Leverage | / |
| Spread | Narrow pricing claimed |
| Trading Platform | ST5 Cross-Platform Software (Android, iPhone, Windows) |
| Min Deposit | / |
| Customer Support | Email: support@comexgroupltd.com |
| Address: 36th Floor, Goldman Sachs Building, 200 West Street, Lower Manhattan, New York, United States of America | |
| Online chat | |
CGL Information
CGL claims to offer forex trading with narrow pricing and access to liquidity providers. However, its suspicious regulatory status raises trading risks for potential investors.
Pros and Cons
| Pros | Cons |
| Claims to provide narrow pricing for forex | Suspicious clone license |
| Cross-platform trading software | Limited market instruments |
| Claims to offer access to liquidity pools | Limited trading condition information |
Is CGL Legit?
CGL is not a legitimate broker as it operates under a suspicious clone license. This implies that the business has misled itself by asserting, without evidence, to have a regulatory license it does not really own.
| Regulatory Status | Suspicious clone |
| Regulated by | Securities and Futures Commission of Hong Kong (SFC) |
| Licensed Institution | Dantai Capital Limited |
| License Type | Asset Management |
| License Number | BCZ158 |
What Can I Trade on CGL?
CGL claims to offer a variety of financial instruments for trading, focusing on forex and other CFDs with narrow pricing and access to liquidity providers.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ❌ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| ST5 Cross-Platform Software | ✔ | Android, iPhone, Windows | Traders looking for a user-friendly, cross-platform tool for fast trading |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
Review 4
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Review 4
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원기소
South Korea
I tried to withdraw the full amount, but they told me to pay taxes and refused to withdraw the money. Is there any way to get it??
Exposure
06-22
FX1911205362
South Korea
They say you have to pay 20% tax to withdraw the entire amount. Can I get it if I pay taxes?
Exposure
06-18
Jeffrey GB
Netherlands
I downloaded that junk expecting to trade on the move, but it's just constantly freezing up and crashing on me. No cap, I'll be trying to get fills and boom - the whole app locks up! It's literally gotten to the point where I've had trades automatically closed out because the buggy app can't handle any volatility without freaking out. Just seeing those positions get stopped out while I'm stuck on a frozen screen makes me want to toss my phone against the wall, bruh.
Neutral
04-19
FLAYXNJ
Netherlands
Best broker ever i used, low commision fast withdraw and fast deposit.
Positive
06-27