Brokers  /  CM

CM

Severe riskForex / CFD broker
🇨🇳 China · 5-10 years · since 2020-09-27 · Curlat Market CO.,LTD
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from CM? Our free assistant writes up your case and shows exactly what to do next →
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No sign that CM actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~200% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCurlat Market CO.,LTD
Headquarters🇨🇳 China
Founded2020-09-27
Years operating5-10 years
Employees0
Official websiteoffice.culart.co
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

CM is an unregulated broker registered in China with no verifiable public information. Its severe scam risk score indicates substantial potential risks, including lack of oversight and investor protection. Traders should avoid this entity until credible regulatory and operational information emerges.

Best for
  • None (unregulated and insufficient transparency)
Not for
  • Risk-averse traders
  • Traders seeking regulated environments
  • Traders needing clear account and platform details
Period:
What users complain about
Where reviewers are from
Colombia1

Real user reviews

Where CM operates

Based on its licenses and complaint records.

🇨🇴 Colombia 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About CM

Company Overview

CM is a brokerage entity registered in China, with an official launch date of September 27, 2020. Its primary domain is culart.co, though no further corporate details or group affiliations are publicly available from our records.

According to registration information, the firm is domiciled in China, but its operational headquarters and physical presence remain unverified. The broker does not appear to be associated with any well-known financial conglomerate, and its market presence is minimal.

Regulation and Security

CM is not regulated by any recognised financial authority. Our records show no valid licences from major regulators such as the FCA, CySEC, or ASIC. This absence of oversight is a significant red flag for traders.

Without regulatory supervision, there are no guarantees regarding client fund segregation, transparency, or recourse in case of disputes. The broker's unregulated status means it operates outside the standard investor protection frameworks.

Account Types

Information on CM's account offerings is not available. The broker's website does not clearly outline any specific account tiers, minimum deposits, or leverage terms publicly.

Given the lack of transparent information, we cannot confirm what account types—if any—are offered to retail clients. Potential traders should exercise extreme caution.

Platforms and Instruments

CM's trading platform selection is also undisclosed. There is no mention of popular platforms like MetaTrader 4 or 5, or any proprietary software.

The range of tradable instruments—whether forex, CFDs, or other asset classes—remains unknown. Without verifiable details, it is impossible to assess the broker's product offering.

Deposits and Withdrawals

Deposit and withdrawal methods are not specified for CM. Typical options such as bank transfers, credit cards, or e-wallets have not been confirmed.

Funding procedures and any associated fees are not publicly documented. The lack of this essential information further raises concerns about operational transparency.

Customer Support

CM's customer service channels are not clearly visible. Contact details beyond the website are not readily available in public records.

Without reliable support access, traders would face difficulties in resolving issues or even initiating communication. This is a critical deficiency for any brokerage.

Conclusion

CM presents a high-risk profile due to its unregulated status, limited public information, and a FXCanary Scam Risk Score of 75/100 (Severe). The broker's lack of transparency across all operational aspects makes it unsuitable for serious retail forex traders.

Our assessment is that CM cannot be recommended for trading. Traders should prioritise well-regulated brokers with verifiable track records and robust client protections.

Overview compiled by FXCanary from regulatory records and public data. full CM review