Samtrade FX Review is Scam or Legit Read Before Investing.

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CMTrading Review – Is scam or safe forex broker?

Trading accounts and conditions

Account type Minimum deposit Minimum trade size Maximum leverage Average spreads
Mini $250 0.01 lots 1:200 N/A
Standard $1000 0.01 lots 1:200 2.6 pips
Executive $5000 N/A 1:200 N/A
Gold $25 000 N/A 1:200 N/A

CMTrading is a forex and CFD broker that offers four types of live trading accounts: Mini, Standard, Executive and Gold. The broker also provides the option for a swap-free Islamic account. There is also a free demo account with virtual $50 000 for test trading.

The Company. Security of Funds

Company Country Regulation
GCMT South Africa Proprietary Limited South Africa FSCA ( AR)
Global Capital Markets Trading Limited Seychelles No

CMTrading is a collective brand of two entities:Seychelles-based company Global Capital Markets Trading Limited, and South-African Global Capital Markets Trading South Africa Proprietary Limited.

While the offshore subsidiary is not licensed, the other entity is registered as a representative of Blackstone Futures, which is duly regulated in South Africa.

Click on the image to zoom in.

South Africa’s regulator of the financial services sector is the Financial Sector Conduct Authority (FSCA), the successor of the Financial Services Board (FSB). The FSCA is responsible for the licensing of financial service providers, and for ensuring that regulated entities comply with the relevant legislation. It also keeps a public register of Authorised Financial Service Providers, so that investors can look up whether a certain broker is FSCA-licensed.

Trading Platform

CMTrading offers to its clients several trading platforms. First and foremost it provides the eternally popular MetaTrader 4 for computers, in a web browser and mobile devices. Then there is the Sirix platform, developed by Leverate. CMTrading offers the Sirix web version, which can be used without having to install it, as well as the Sirix mobile application.

The broker also offers CM Trading Sirix CopyKat feature for social trading on Sirix.


CMTrading offers two types of promotions. One is an up to 20% deposit bonus for deposits of $500 or more and the other one is a free Intercash international debit card.

Methods of payment

CMTrarding provides several methods of payment to its clients. The broker accepts payments through bank wire, credit/debit card and the electronic payment systems Neteller, CashU and FasaPay.


CMTrading is a South African broker which, judging by the number of posts and likes on its facebook page, it is quite popular among local traders. It is explicable, considering that it operates as a representative of the locally-registered financial company Blackstone Futures.

Best Binary Options Brokers 2020:
  • Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo

    Good Broker For Experienced Traders!

The broker’s trading conditions are more or less in the average category and it seems it is a reliable company, as we could not find client complaints about significant problems.

Pros Cons
Authorized Representative of a broker licensed in South africa Offshore entity
MT4 supported Spreads above the average
Debit card payments, swap-free accounts

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Trump family loses bid to move marketing scam lawsuit to arbitration

By Jonathan Stempel

NEW YORK (Reuters) – A federal judge in Manhattan rejected an effort by U.S. President Donald Trump and his adult children to send a lawsuit accusing them of exploiting their family name to promote a marketing scam into arbitration.

In a Wednesday night decision concerning the American Communications Network, U.S. District Judge Lorna Schofield accused the Trumps of acting unfairly by seeking arbitration after first obtaining “the benefits of litigating in federal court,” including the dismissal of a racketeering claim.

“This conduct is both substantively prejudicial towards Plaintiffs and seeks to use the [Federal Arbitration Act] as a vehicle to manipulate the rules of procedure to Defendants’ benefit and Plaintiffs’ harm,” Schofield wrote.

Defendants included Trump’s adult children Donald Jr., Eric and Ivanka, and an affiliate of the Trump Organization.

“The court erred, and while we are disappointed, we will take an immediate appeal,” Joanna Hendon, a lawyer for the Trumps, said in an email.

In the October 2020 complaint, the Trumps were accused of misleading victims into becoming salespeople for ACN, a multi-level marketing company that charged $499 for a chance to sell videophones and other goods.

According to the plaintiffs, the Trump family conned them into thinking Donald Trump, who had yet to become president, believed their investments would pay off.

They said the real goal was for the Trumps to enrich themselves, including through the receipt of millions of dollars in secret payments from 2005 to 2020.

The Trumps have called the lawsuit politically motivated, and said Donald’s Trump’s endorsement of ACN was merely his opinion.

In rejecting arbitration, Schofield noted the plaintiffs’ claim that they had no reason to believe their agreements to arbitrate with ACN also covered the Trumps.

Roberta Kaplan, a lawyer for the plaintiffs, said in an email she looked forward to pursuing the proposed class action on behalf of her clients and “thousands of others like them who were defrauded by the Trumps.”

Last July, Schofield said the plaintiffs could pursue state law claims of fraud, false advertising and unfair competition against the Trumps, despite dismissing the racketeering claim.

Hedge Formula is an Insulting Scam! Legit Review Explains

Binary Scam Alerts is posting a severe SCAM notification in regards to the Hedge Formula Group AKA the HFG software, app, and Auto-trader as well as George Dalio the fake actor and cheater. Our team of researchers smelled a rat when a flurry of SPAM Emails arrived directly into the inboxes of unsuspecting day traders wanting to profit trading binary options online. After a careful review and investigation, we were able to compile an evidence base which leaves no room for doubt, misinterpretation or hesitation about this system possibly being legit. The facts are conclusive and the obvious conclusion is that we are dealing with a very nasty scam as well as a severe case of documented plagiarism.

Official Scam Site:

Proof of Scam
First, we have found this story to have more holes in it than a big wheel of Swiss Cheese. But even more outrageous is the fact that this low-level con artist and paid actor claims HE is exposing fake gurus. I think this guy has his wires crossed. His job is to look stupid and read off a teleprompter, and our job is to shed light on his misdoings. I believe the people behind this scheme got a little bit confused and will now pay the price and get blacklisted in the most aggressive and uncompromising way.

If you take a look at what this person has to say you will see how ridiculous he sounds. First of all 98% accuracy is a complete fallacy and devious attempt to distort the truth. No system in the world can offer this kind of ITM ratio and if anyone tells you otherwise simply ignore them and move on with your life.

Moving forward, this person says the Hedge Fund Group manages $154 Million in global investments, so we investigated it and found out that there is a real company called Hedge Fund Group and they are actually good guys with a solid reputation for managing funds. The real CEO is called Richard Wilson and their address is 328 Crandon Blvd Suite 223 Key Biscayne, FL 33149 United States of America. When we contacted them they were shocked and extremely irate about having their intellectual property stolen by cyber-hooligans, not to mention their reputation tarnished. It really saddens me how these people think they can get away with something like this without having their evil scheme exposed in the worst possible way.

Keeping in line with the SCAM tradition these people have hired actors, and paid them a measly $5 to read some script and lie through their teeth. I could take screenshots add it as additional documented proof, but considering the image above I believe you can just take my word for it.

Hedge Formula Review
George Dalio is promising you “life changing money and easy, consistent income to fit into your busy lifestyle.” He is talking about making $29,976,882 a year, if you are willing to take advantage of this free offer. He continues to mention VIP access to expensive restaurants, fancy cars, and the usual spiel about lifestyles of the rich and famous. According to this guy his software “always wins” and not only that, he is now making it available for the public and lifting the lid on “phony gurus” and exposing them. In reality this person is a paid actor and not a very good one, honestly I would not buy a piece of gum on the street from this guy considering the way he looks and acts. If you have accidentally bought into this scheme, make sure you stop and start counting your blessings because it is a complete travesty and farce. Don’t even think about mixing strategies like scalping or momentum trading on 60 second options, or implementing candle sticks or bolinger bands analysis. Just collect whatever is left of your money and get on with your life as fast as humanly possible.

Is it Free?
Well, yes but you will need to part with at least $250 as initial capital to fund a trading account with some shady unregulated broker that’s in cahoots with these fraudsters.

Similar Scams
These include but are not restricted to: Profits Infinity, Cloud Trader, Trianasoft, Quantum Income Machine, The Free Money System with Walter Green, Millionaire Blueprint, Amissio Formula,Trade Tracker Pro, Lie Detector Millionaire, the Push Money App with Dennis Moreland, Insured Profits with Dave and Ginny, and the Binary Interceptor.

Signals, Autotraders, Bots, and Trade Copiers
There are always new systems coming however our staff goes to extreme measures to properly review each one before we decide to display them in our recommended software section.

Verdict, Conclusions and Recommendations
The Hedge Formula Group AKA the HFG software, app, and Auto-trader as well as George Dalio is a verified binary options investment scam of the worst kind. After reviewing this obvious sham we have come to the conclusion that there is not one thing which is genuine, sincere, or honest about this app and it will surely take inferior positions intentionally and steal your money. We strongly urge all our members and viewers to avoid this system at all costs and seek alternative means of investing. Feel free to contact us through our Facebook group or YouTube Channel to get more information.

Best Binary Options Brokers 2020:
  • Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo

    Good Broker For Experienced Traders!

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