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CGL -

Score

1.24 /10
Danger

CGL

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

https://comexgroupltd.com/index1

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.94

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

COMEX GROUP LTD

Company Abbreviation

CGL

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: BCZ158) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

It's a scam

They say you have to pay 20% tax to withdraw the entire amount. Can I get it if I pay taxes?

FX1911205362
2024-06-18 06:11
Scam

Can't withdraw money

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??

원기소
2024-06-22 09:30
CGL · Company summary
CGL Review Summary
Founded2024
Registered Country/RegionUnited States
RegulationSuspicious clone (Securities and Futures Commission of Hong Kong - SFC, License: BCZ158)
Market InstrumentsForex
Demo Account/
Leverage/
SpreadNarrow pricing claimed
Trading PlatformST5 Cross-Platform Software (Android, iPhone, Windows)
Min Deposit/
Customer SupportEmail: 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.

CGL Information

Pros and Cons

Pros Cons
Claims to provide narrow pricing for forexSuspicious clone license
Cross-platform trading softwareLimited market instruments
Claims to offer access to liquidity poolsLimited 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 StatusSuspicious clone
Regulated bySecurities and Futures Commission of Hong Kong (SFC)
Licensed InstitutionDantai Capital Limited
License TypeAsset Management
License NumberBCZ158
Is CGL Legit?

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❌
What Can I Trade on CGL?

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
ST5 Cross-Platform Software✔Android, iPhone, WindowsTraders looking for a user-friendly, cross-platform tool for fast trading
Trading Platform

User Reviews

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User comment

3

Comments

Write a review

FLAYXNJ
more than one year
Best broker ever i used, low commision fast withdraw and fast deposit.
Best broker ever i used, low commision fast withdraw and fast deposit.
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2024-06-27 12:26
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Jeffrey GB
more than one year
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.
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.
Translate to English
2024-04-19 12:06
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