CMTRADING.COM SCAM

[realfx]

I was an IB to this broker and brought them business. When it was time for them to pay my rebates they refused to pay. I sent several emails to them and contacted my account manager Ryan and he said he is waiting for update from finance. Up till now no word from finance and no payment. I went to live chat several times and they keep turning me around.

Typical scammers attitude. Stay far away from them for your own good as they will mess you up.

The review about them at FPA is 100% TRUE, they dont keep their word.

 

[FxMaster]

I was an IB to this broker and brought them business. When it was time for them to pay my rebates they refused to pay. I sent several emails to them and contacted my account manager Ryan and he said he is waiting for update from finance. Up till now no word from finance and no payment. I went to live chat several times and they keep turning me around.

Typical scammers attitude. Stay far away from them for your own good as they will mess you up.

The review about them at FPA is 100% TRUE, they dont keep their word.

Any other reason has given to holding your money or just one you mentioned here?

 

[realfx]

Any other reason has given to holding your money or just one you mentioned here?

There is absolutely nothing i did wrong to warrant this. What wrong can an IB really do?? I brought them business and they are refusing to pay me my rebates. I am not the only person they are doing this to, most of their partners are complaining of same thing. They are scammers and cannot be trusted.

 

[FxMaster]

There is absolutely nothing i did wrong to warrant this. What wrong can an IB really do?? I brought them business and they are refusing to pay me my rebates. I am not the only person they are doing this to, most of their partners are complaining of same thing. They are scammers and cannot be trusted.

Use the company invite button and invite them to this thread.

 

[4evermaat]

There is absolutely nothing i did wrong to warrant this. What wrong can an IB really do?? I brought them business and they are refusing to pay me my rebates. I am not the only person they are doing this to, most of their partners are complaining of same thing. They are scammers and cannot be trusted.

Can you post a screenshot of your account statement showing how much in commissions they owe you?

Can you also get the other partners to come to FPA and open a separate scam alert against the company also?

 

[CMTrading Support]

Good day,
This was already answered to you on the main forum.
Your brought us an abuse client! You were lucky enough to get paid before we actually realized it, we paid you then told you to take your clients elsewhere because we did not want them.
We informed you in advance that we would not pay you any more and asked that your clients withdraw their funds (which they did).
We don’t work with abuse clients and we don’t work with abuse IBs.
We should not have paid you anything – but we did. Then we told you enough was enough.
Not only are you a scammer, now you complain about us being scammers which is just the ultimate definition of irony.
We will no longer reply to any of your posts. Karma is a boomerang...

 

[4evermaat]

Good day,
This was already answered to you on the main forum.
Your brought us an abuse client! You were lucky enough to get paid before we actually realized it, we paid you then told you to take your clients elsewhere because we did not want them.
We informed you in advance that we would not pay you any more and asked that your clients withdraw their funds (which they did).
We don’t work with abuse clients and we don’t work with abuse IBs.
.......

Can you elaborate more on what kind of abusive behavior you observed from this client/IB?

Some examples would help to visualize and reconstruct what happened.

 

[FxMaster]

@realfx here you received the reply from rep, need your attention here.

 

[FPA Forums Team]

The FPA invited the Original Poster to update this discussion on Mar 30, 2020 at 10:19 AM

 

[realfx]

Good day,
This was already answered to you on the main forum.
Your brought us an abuse client! You were lucky enough to get paid before we actually realized it, we paid you then told you to take your clients elsewhere because we did not want them.
We informed you in advance that we would not pay you any more and asked that your clients withdraw their funds (which they did).
We don’t work with abuse clients and we don’t work with abuse IBs.
We should not have paid you anything – but we did. Then we told you enough was enough.
Not only are you a scammer, now you complain about us being scammers which is just the ultimate definition of irony.
We will no longer reply to any of your posts. Karma is a boomerang...

This Daniel must be drunk as he is mixing apples with oranges. This is my first post at FPA regarding CMtrading and i have NEVER been paid by cmtrading any commissions. The client i brought was not an abuse client as he traded normally and withdrew his funds and no email was ever sen to him saying he traded abusively. So i don't know what you are talking about.

This is my FIRST business relationship with you and refused to pay me. The other IB that left his review at the customer forum of FPA was right because i too have witnessed that you dont pay your partners and dont keep your words.

I am also VERY keen to know what you mean by abuse client????

You are just total scammers. I believe my IB commissions is about 300usd from my calculations of the total volume my client did during the period.

I have also reported the issue to their regulator FSCA and i will see how they handle the issue.