55CMT is an offshore forex and CFD broker that is registered in St. Vincent and the Grenadines. It claims to provide a zillion of trading instruments on a web-based trading platform; however, the broker has a major focus on crypto trading. The broker doesn’t provide Meta Trader 4 or 5 trading platform, which is known as the most popular one among traders. The broker 55CMT is an anonymous broker that has provided no details about what trading conditions it is offering to its clients, like leverage, commission, spreads, etc. The payment options provided by the broker are cards and bank wire transfers, whereas it has displayed logos of various payment options on its website.
On the broker’s website of the broker, we found that the broker is owned and operated by a St. Vincent and the Grenadines based company named PHHLT Marketing Limited. Saint Vincent and the Grenadines is an offshore zone well known and preferred by most of the shady brokers out there. We also found that the broker claims to be regulated by the local Financial Services Authority, which is a piece of completely misleading information. We could not recommend this broker as it has all the signs of a scam broker.
If you have traded with 55CMT and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed 55CMT review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is 55CMT a scam or legit broker?
55CMT has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with 55CMT contact them immediately and try to get your fund out. If the 55CMT has done the following, you have probably a victim of 55CMT scam broker.
Reason to suspect a scam broker is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account with out your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.