CCM Clearing Review (2023)

• Company name: 

CCM Clearing Ltd.

• Registration Address/ License:

Bulgaria. Broker with No License and No Regulation. 

The CCM Clearing is a trading platform that claims its true multi-bank liquidity and cross-asset margin trading for Forex, CFDs, and Options from one account. CCM Clearing states its operation and management by a multi-national group of seasoned FX professionals, while the office itself is based in Bulgaria.

The concern about CCM Clearing, is their non-authorized nature of trading and investment services performance. The broker is regulated or authorized by none of the entities, which is, in fact, mandatory for European based companies. As well, the company reviews show negative response with issues appeared during withdrawal processing or while trading.

As any authority put its efforts to protect traders and to establish true offering in the market through authorized activity, New Zealand recently flagged CCM Clearing. The company was detected in offering trading activities in New Zealand and other entities without its legal permission to do so. Moreover, the broker was revealed in connection to Rocket Consultant Group, United FCG, and World Advisory Group, meaning the broker in fact operated through other names as well.

“REASON FOR WARNING: It could be involved in a scam; Unreasonable withholding of client funds; It is not a registered financial service provider in New Zealand.”

FMA, New Zealand. November 2018.

As a result, we recommend avoid trading with CCM Clearing and its associated entities and strongly avoid any discussion with non-authorized brokerages, due to their highest risks to lose money. In turn, it is much safer to choose among the regulated forex brokers alike UK’s FCA, Australian ASIC or other similar authorities, which provide legal authorization and apply trader protective tools through fund segregation, compensation, and strictest supervision.