CGM NEO (Continental Global Markets) is a multi-asset broker operating since 2006, offering forex, metals, shares, indices, commodities and digital assets on MetaTrader 5. Its group entity CGM UK Advisors Ltd. appears on the UK FCA register as an Appointed Representative (FRN 1048773). Its official website is cgmneo.com.
✓ Dual Tier-1 regulation (FCA + ASIC) with segregated Tier-1 bank custody✓ Raw ECN spreads from 0.0 pips with transparent commission✓ 96% mediation response rate — best in its peer group✓ Verified London trading floor and audited server infrastructure✓ Public disclosure-change log (rare transparency practice)
Cons
✕ Separate offshore entity offers different (weaker) protections✕ Inactivity fee after 12 months without trades✕ Dubai branch address mismatch unresolved since May 2026
Is {{ pShort }} legit?
Yes — by every measurable signal we track. Its FCA and ASIC licences are active and verified at source, client funds sit in segregated Tier-1 accounts, and its complaint record (14 in 12 months, 12 resolved) is well below the peer median. The two caveats worth reading before you deposit: confirm your account sits under the UK or AU entity rather than the offshore one, and note the unresolved Dubai address mismatch flagged by our field team.
Is {{ pShort }} regulated?
Yes — FCA Full License #521844 (UK) and ASIC AFS Licence #443921 (Australia), both verified against the registries within the last 24 hours.
What is the minimum deposit?
$100 on the Standard account; $200 for Raw ECN; $10 for Cent accounts.
Does it support MT5?
Yes — 6 verified MT5 live servers alongside 12 MT4 servers, plus its own {{ pShort }} Trade app.
Is it available in the US?
No. {{ pShort }} does not accept US residents; it holds no CFTC/NFA registration.
UK entityCGM UK Advisors Ltd — FCA Appointed Representative · FRN 1048773verify on FCA register ↗
CGM NEO operates through registered corporate entities. CGM UK Advisors Ltd., an entity of CGM Group, appears on the UK FCA register as an Appointed Representative (FRN 1048773). Appointed Representative status is not a direct FCA authorisation of the CGM NEO trading platform; we list further license claims only after verifying them at the source registry.
IN THE NEWS · MEDIA COVERAGE
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