CM Trading Review: Rated 4.9/5 by FXRanker
CM Trading has established itself as a reliable forex and CFD broker since 2012, offering a broad range of trading instruments, including forex, commodities, indices, stocks, and crypto CFDs. With competitive spreads starting from 0.9 pips, high leverage options up to 400:1, and diverse account types, CM Trading caters to traders at all levels. Despite concerns about its FSCA regulation, CM Trading is well-regarded for its robust trading platforms, comprehensive educational resources, and excellent customer support.
Table of Contents
Starting in online trading can seem scary, especially for those who are new. This CMTrading review dives into how this top broker has changed the game in CFD and forex. It offers tools and info for traders to win in the money markets.
CMTrading is loved by traders at any level for its strong platform. It welcomes both newbies and pros with an easy-to-use design. Plus, it gives plenty of educational stuff, making market navigation simpler.
The platform shines in its focus on trader education. It throws in webinars, e-books, and daily market reviews in its learning pack. This step helps traders make smart choices, making CMTrading stand out among competitors.
CMTrading also prides itself on having low spreads, helping you earn more while spending less. It values trades that don’t break the bank. That’s why their price setup supports traders of any size and style.
No matter your skill level, CMTrading has an account for you. From the easy Bronze option to the Premium with advanced goodies, there’s something for all. This way, all traders can get what they need to reach their goals.
Key Takeaways
- CMTrading is a leading online broker for CFD and forex trading
- User-friendly platform suitable for novice and advanced traders
- Comprehensive educational resources, including webinars, e-books, and market analyses
- Competitive spreads to maximize profits and minimize expenses
- Range of account types tailored to different trading styles and skill levels
Overview of CMTrading
CMTrading is an online broker with a solid history since 2012. Starting in South Africa, it now serves people worldwide, including Africa and the GCC. It gives access to over 200 assets, meeting the trading needs of many.
What makes CMTrading stand out is its dedication to following strict rules. It’s checked by the Financial Services Authority (FSA) and the Financial Sector Conduct Authority (FSCA). This means traders enjoy a safe and clear trading space.
Established in 2012
Since its start in 2012, CMTrading has earned a strong, reputable name. It sticks out among online brokers by offering great services and building client trust. It thrives by staying ahead of market changes and putting clients first.
Regulated by FSA and FSCA
Being controlled by the FSA and FSCA shows CMTrading’s trustworthiness. These bodies keep an eye on its operations in Seychelles and South Africa. CMTrading works hard to play by the rules and act in the best way for its clients.
Keep in mind, the protection you get at CMTrading can change depending on your country. Rules and coverage might differ, so make sure you understand what applies to you.
Detailed Summary
CMTrading is a top online broker that meets traders’ various needs. You can start trading with just 100 USD. It offers forex, commodities, stocks, and more. Spreads are as low as 0.9 pips with no commissions.
They give traders up to 1:200 leverage. This means you can boost your returns with less risk. CMTrading is great for all sorts of trading, from scalping to hedging. This gives you the freedom to adjust to the market.
There are several account types to pick from, like the Bronze for beginners and the Premium for pros. You can also use a demo account to practice for free. Plus, they have an Islamic account for those following Sharia law.
“At CMTrading, we are committed to empowering our clients with the knowledge and tools they need to succeed in the financial markets. Our comprehensive educational resources and state-of-the-art trading platform have earned us the title of ‘Best Financial Broker Africa’ for five consecutive years.”
CMTrading also provides a wide variety of tools and resources for traders:
- Multi-language support: The website is in English, Spanish, and Arabic for a broad audience.
- Affiliate program: Earn money by bringing others to join the platform.
- Educational resources: Get access to webinars, e-books, and daily market updates to boost your trading skills.
| Account Type | Minimum Deposit | Spreads | Leverage | Commission |
|---|---|---|---|---|
| Bronze | 100 USD | From 1.2 pips | Up to 1:200 | None |
| Silver | 500 USD | From 1.1 pips | Up to 1:200 | None |
| Gold | 1,000 USD | From 1.0 pips | Up to 1:200 | None |
| Premium | 10,000 USD | From 0.9 pips | Up to 1:200 | None |
Please note that an inactivity fee may be charged after 60 days of no trading activity.
CMTrading is dedicated to offering a top-notch trading platform. It aims to educate and empower its clients. This commitment has made it a reliable partner for traders worldwide.
Safety and Security Measures
Online trading needs safety first. CMTrading values this, making sure their clients’ info and money are safe. They use top-notch encryption, strict protocols, keep funds separate, and are overseen by trusted financial groups.
Encryption Technology and Security Protocols
CMTrading uses the best encryption to keep all your details safe. This includes personal and money info. They also have tough rules to stop people getting in who shouldn’t and to beat cyber attacks.
Segregated Client Funds
CMTrading doesn’t mix your money with their own. They keep different accounts for your deposits and their own money. This stops your money from being used for other things and keeps it safe if the company has issues. It meets the rules and makes sure your money stays yours.
Regulated by FSA and FSCA
CMTrading is watched by two trusted groups, the FSCA and the FSA. These groups make sure the broker does right by clients. They set high money standards and keep an eye out for any bad practices, protecting you and your investments.
Risk Management Tools
CMTrading provides tools for managing risks perfectly. These include:
- Stop-loss orders to close a trade if it hits a certain loss.
- Negative balance protection to prevent losses over what you put in.
- Choosing how much leverage you want, fitting your risk level.
With these tools, CMTrading helps you be in control. This way, you can trade with peace of mind, knowing your risks are well managed.
CMTrading is serious about keeping your trading safe. With their tech, how they handle money, trusted regulations, and focus on risk control, they offer a safe place to trade. This lets you concentrate on trading itself, worry-free.
Account Types Offered
CMTrading offers various account types to meet different traders’ needs and preferences. Whether you’re just starting or a pro seeking advanced features, there’s a suitable account for you. These accounts are tailored to various experience levels and trading styles.
Bronze Account
The Bronze account is great for new forex traders. It requires a small 100 USD deposit to begin. You’ll get access to key tools and support, helping you start strong. There’s an opportunity to trade many financial instruments. These include forex, commodities, and even crypto CFDs.
Silver Account
The Silver account is for those ready to boost their trading game. You’ll get Trading Central Live Trading Signals here. These signals help in making better trading decisions. Plus, you can enjoy lower spreads for potentially more profit.
Gold Account
If you’re an experienced trader, the Gold account might be your top pick. It offers advanced benefits to improve your trading performance. You get the benefit of tighter spreads and faster trade execution. Plus, you can earn cashback rebates on your trades.
Premium Account
The Premium account caters to professional and institutional traders. It provides exclusive features and personalized support. You gain access to dedicated account managers. They help with custom trading strategies and offer ongoing support. Premium account users get the best trading conditions for maximizing their potential.
Demo Account
The Demo account is perfect for practice or for testing the CMTrading platform. It’s risk-free and uses virtual funds. This way, you can get used to trading and the platform without any real financial risks. It includes all the tools and features offered in live trading accounts.
Islamic Account
For those following Islamic faith, there’s the Islamic account. It’s designed to ensure trading follows Sharia law. This way, Muslim traders can engage in trading with confidence. Their trading activities align with their religious beliefs.
| Account Type | Minimum Deposit | Key Features |
|---|---|---|
| Bronze | 100 USD | Essential tools and support |
| Silver | 500 USD | Trading Central Live Trading Signals, lower spreads |
| Gold | 2,500 USD | Tighter spreads, faster execution, cashback rebates |
| Premium | 10,000 USD | Personalized support, customized trading conditions |
| Demo | N/A | Risk-free practice with virtual funds |
| Islamic | 100 USD | Complies with Sharia law principles |
CMTrading offers a wide range of account types for all traders. With choices like the bronze, silver, gold, premium, demo, or Islamic accounts, you can find what meets your needs. Each account comes with the necessary tools, support, and trading conditions. This helps traders succeed in the exciting online trading world.
Opening an Account with CMTrading
Opening a trading account with CMTrading is simple and quick. The broker’s website is easy to use. It guides you through each step, whether you’re new or have experience.
Step-by-Step Guide
Here’s how to open an account with CMTrading:
- Go to the CMTrading website and press “Open an Account.”
- Choose the account type that fits your trading style and level.
- Enter your personal info like your name, email, and phone number.
- Select your trading platform and set your leverage.
- Verify your account by giving the needed documents.
- Deposit money using a method of your choice.
- Once your account is active, start trading!
CMTrading makes it easy to understand what each account type offers. They explain benefits and features well. This helps you pick the best account for your trading goals.
Required Documentation
For safety, CMTrading needs to verify your identity and address. You’ll need to upload certain documents like:
- A valid ID like a passport
- A recent bill or bank statement showing where you live
- Sometimes, you’ll need to send a picture of yourself with your ID
Verifying your account is fast and easy. If you have any questions, CMTrading’s support team is ready to help. This way, getting started with trading is smooth for everyone.
| Account Type | Minimum Deposit | Leverage | Spreads |
|---|---|---|---|
| Bronze | $100 | 1:200 | From 1.2 pips |
| Silver | $2,500 | 1:200 | From 1.1 pips |
| Gold | $10,000 | 1:200 | From 0.9 pips |
| Premium | $50,000 | 1:200 | From 0.7 pips |
CMTrading makes the account opening steps clear and easy to follow. It’s good for anyone starting to trade online, whether in forex, commodities, or crypto CFDs. Their process gives you a confident and smooth trading start.
Trading Platforms and Software
CMTrading has many user-friendly cmtrading platforms for different trading styles. These platforms have advanced features and tools. They are meant to help traders look at markets, do trades, and handle their portfolios well.
CMTrading Web
The web platform from CMTrading lets traders directly trade through a web browser. It doesn’t need any installation, just an internet connection. This platform has an easy-to-use interface with helpful charting tools and real-time market data.
MetaTrader 4 (MT4)
MetaTrader 4, or MT4, is a popular trading platform at CMTrading. It offers many tools for technical analysis, like customizable charts and lots of indicators. You can even create and use automated trading strategies with Expert Advisors (EAs).
MT4 also has features for quick trading, market news, and a place where traders can share ideas and strategies. This makes it a favorite among many traders for its flexibility and variety of features.
MT4 is a popular choice among traders due to its flexibility, reliability, and wide range of features.
CopyKat Trading
For those new to trading or wanting to learn from others, CMTrading has CopyKat Trading. This social trading platform lets you copy the trades of successful traders. This way, you can learn and possibly make gains without doing the market analysis yourself.
Here are some benefits of CopyKat Trading:
- Access to a wide range of Trade Leaders with proven track records
- Ability to diversify risk by copying multiple Trade Leaders
- Transparency and control over which trades to copy and how much to invest
- Opportunity to learn from successful traders and improve one’s own trading skills
CMTrading has platforms for all kinds of traders, from beginners to experts. Whether you like to trade on the web, need MT4’s advanced tools, or want to try social trading with CopyKat, they have what you need for your trading journey.
Fees, Spreads, and Commissions
CMTrading provides very competitive spreads for trading. This helps traders keep their costs down. This is especially good for those who trade a lot. They can make more profit this way.
The spreads you get depend on your account type and how much you trade. Traders who do a lot and have big accounts can get better spreads. For the EUR/USD pair, high-volume traders can get spreads starting at 0.9 pips. Even if you don’t trade as much, you can still get decent spreads, like starting at 1.2 pips for the same pair.
One great thing about CMTrading is they don’t charge a separate commission. Instead, they include all fees in the spread. This makes it simpler for traders. It also means there are no surprise costs.
At CMTrading, we believe in transparency when it comes to our pricing structure. We want our clients to have a clear understanding of the costs associated with trading, allowing them to make informed decisions and plan their strategies accordingly.
To help traders easily understand what they will pay, CMTrading has a clear fee table on its site. This table shows all costs. Traders can see all their options at a glance. It helps them pick what’s best for them.
| Account Type | Minimum Deposit | EUR/USD Spread | Commission |
|---|---|---|---|
| Bronze | $100 | From 1.2 pips | None |
| Silver | $1,000 | From 1.1 pips | None |
| Gold | $5,000 | From 1.0 pips | None |
| Premium | $10,000 | From 0.9 pips | None |
CMTrading aims for clear and fair pricing for all traders. They provide a lot of information to help traders make the best choices. This way, traders can understand and budget for their trading costs well.
Available Markets for Trading
CMTrading provides a wide range of financial markets. It lets traders explore and invest in international stocks, currencies, commodities, indices, and crypto CFDs. This allows you to do forex trading, commodity trading, index trading, stock trading, and crypto CFD trading all from one place. With CMTrading, you get benefits like real-time prices, fast execution, and tools to manage risks well for multiple types of assets.
Forex
CMTrading has over 50 currency pairs in its forex market. These pairs cover major, minor, and exotic ones. Trading forex with CMTrading lets you guess the strength of one currency against another. This could lead to profits as market conditions change.
Commodities
Commodity trading at CMTrading offers a mix of instruments. You can trade in precious metals, energies, and farm products. This includes gold, silver, oil, gas, and soft commodities. Their platform makes trading these materials smooth with good spreads.
Indices
CMTrading also lets you trade indices. This lets traders see the performance of entire stock markets with one trade. Trading on indices lets you benefit from broad market trends. CMTrading has indices like the S&P 500, NASDAQ, and more, helping you diversify your investments.
Stocks
If you’re into stock trading, CMTrading has you covered. They offer CFDs for buying and selling company shares all over the world. This lets you potentially profit whether prices go up or down. Their platform makes it easy to do market research and trade stocks effectively.
Crypto CFDs
CMTrading is keeping up with the cryptocurrency trend through crypto CFD trading. You can trade on digital assets like Bitcoin, Ethereum, and more without owning them. This way, you can participate in the crypto market with leverage and the option to sell short.
| Market | Key Features |
|---|---|
| Forex | 50+ currency pairs, high liquidity, 24/5 trading |
| Commodities | Precious metals, energies, agricultural products |
| Indices | Major global markets, portfolio diversification |
| Stocks | Wide selection of individual company shares |
| Crypto CFDs | Leading digital assets, leverage, long/short positions |
CMTrading offers a full suite of markets to meet traders’ needs globally. Whether you prefer forex, commodities, indices, stocks, or cryptos, CMTrading has a reliable and comprehensive platform for you. Explore the financial markets from one place with their feature-rich tools and services.
Leverage and Margin
CMTrading lets traders boost their profit potential using leverage and margin trading. With cmtrading leverage, you can get up to 200:1 in forex trading. This lets you trade a lot more with less money upfront.
Remember, leverage can help you make more, but it can also make your losses bigger. It’s important to use it wisely and have a good risk management plan.
CMTrading has different leverage levels for different types of assets. Leverage for stocks goes up to 10:1 but can be 100:1 for metals. Yet, with cryptocurrencies, due to their market’s nature, leverage is kept lower.
You get to pick how much leverage you want when you trade with CMTrading. It lets you adjust for your comfort and trading aims. Choose your leverage carefully to match your risk and strategy.
Margin trading is another powerful tool offered by CMTrading. It allows you to open larger positions by borrowing funds from the broker, using your existing account balance as collateral.
Let’s use an example to explain margin trading:
| Account Balance | Leverage | Maximum Position Size |
|---|---|---|
| $1,000 | 100:1 | $100,000 |
| $5,000 | 50:1 | $250,000 |
| $10,000 | 20:1 | $200,000 |
The table above shows how a larger balance gives you access to bigger positions despite needing less leverage. This shows the importance of managing your money well with margin trading.
One great thing about CMTrading is its clear information on leverage. They provide an easy-to-read table online. This makes it simple for traders to understand their options.
In short, leverage and margin trading at CMTrading can boost your chances of making more money. Yet, using them wisely, having a clear risk management plan, and choosing the right leverage is key.
Deposit and Withdrawal Options
CMTrading makes funding accounts fast and secure. Traders can start with just 100 USD or its equivalent. They get easy-to-follow steps for depositing, making the process smooth for all.
Deposit Methods
CMTrading has many payment options to meet different needs. Traders can pick from:
- Credit and debit cards (Visa, Mastercard)
- Bank wire transfers
- E-wallets (Skrill, Neteller)
- Local payment solutions (varying by country)
These methods are quick, safe, and affordable. This means traders can trade without fund security concerns.
Withdrawal Process
Withdrawing funds from CMTrading is straightforward. Traders request it through their dashboard. The funding team handles these requests fast, ensuring timely fund delivery.
Sometimes, high demand might cause a slight delay. But, CMTrading always works to make withdrawals smooth and reliable for all its clients.
Payment options for deposits and withdrawals might change based on location and account type. CMTrading guides traders on the best options for them, ensuring an easy choice.
CMTrading aims for smooth, safe payments. Our wide range of options and focus on efficiency and clarity help our clients handle their funds confidently.
| Deposit Method | Processing Time | Fees |
|---|---|---|
| Credit/Debit Card | Instant | No fees |
| Bank Wire Transfer | 1-5 business days | Possible bank fees |
| E-wallets | Instant | No fees |
| Local Payment Solutions | Varies by method | Varies by method |
CMTrading’s variety of deposit and withdrawal options lets traders focus on trading. They offer the best tools to seize online trading chances.
Educational Resources
CMTrading wants to empower traders in the online trading world. They offer many educational resources for all levels of trading experience. These resources aim to boost traders’ knowledge and skills. This helps them make better trading decisions with more confidence.
Webinars
CMTrading has a top-notch webinar series. These webinars cover trading from the basics to advanced strategies. They’re run by experts, offering practical advice for trading. They’re perfect for both newbies and seasoned traders looking to improve.
eBooks
CMTrading also has a wide range of trading eBooks. Traders can download and read these at their own tempo. These eBooks cover market analysis, risk management, and trading psychology. They’re perfect for deepening your trading knowledge. Plus, they make for handy references when you need a refresher.
Daily Market Analysis
To keep traders in the loop, CMTrading offers daily market insights. Their expert analysts provide updates on market trends and events. This information helps traders make informed decisions and spot new trading opportunities. Staying updated with CMTrading can give traders an edge in the market.
CMTrading believes in ongoing education for trading success. They offer webinars, eBooks, and market updates to support this belief. With their educational materials, traders can steer their trading journey with confidence. They’re a key way for traders to meet their financial dreams in online trading’s exciting world.
Customer Support
CMTrading knows how crucial it is to have great customer support for online trading. They offer top-notch help for traders. Their support team is always ready to tackle any issues or questions right away.
24/5 Support
CMTrading gives 24-hour customer support five days a week because the financial markets never sleep. Traders can get help at any time, no matter their location. Need help with your account, trading, or checking a transaction? Their team is here to assist you.
Multiple Contact Methods
To make it easy for traders, CMTrading offers different ways to reach their support team:
- Live Chat: Quick help is available through the website’s live chat. It connects you with a support agent instantly for fast answers.
- Email: If you have a detailed question, send it over email. The support team aims to reply promptly and thoroughly.
- Telephone: Prefer talking over the phone? CMTrading has a support line ready for your call. Expert assistance is just a phone call away.
“At CMTrading, we believe that exceptional customer support is the foundation of a successful trading experience. Our dedicated team is committed to providing timely, accurate, and helpful assistance to all our clients.”
The support team at CMTrading is well-versed in online trading. They are continuously trained to keep up with the industry updates. This ensures traders receive the most accurate and helpful advice.
Their support team isn’t just there to answer questions. They also actively prevent and solve any potential problems. This includes checking the trading platforms regularly to ensure everything runs smoothly.
CMTrading is known for outstanding customer support. This commitment has made them a trusted broker. Traders can rely on their support team for guidance at every step of their trading journey.
CMTrading Review: Pros and Cons
CMTrading opened its doors in 2012, becoming a top choice for online trading. They specialize in Forex, CFDs, and more. Known for their user-friendly website and mobile app, they earn a trust score of 91 out of 99. Both the Seychelles and South African regulators watch over them, making sure your trades are safe.
Advantages of Trading with CMTrading
CMTrading’s low spreads, starting at 0.9 pips, give traders a money-saving advantage. They don’t charge extra for trading, which is great for those watching their wallets. You’ll find lots to trade, from currencies and commodities to stocks and crypto. Plus, they offer plenty of learning tools like webinars and eBooks to help you get better at trading. If you need help, their customer support is available 24/5.
Potential Drawbacks to Consider
Despite its many good points, CMTrading does have some downsides. If you don’t make any trades for 60 days, you’ll be charged $15. Their account options are also more limited than some other brokers. The first account you can open needs a 100 USD deposit, while the best one needs 50,000 USD. Think about what matters most to you in a trading platform to make the best choice. For more info, check out FXLeaders’ detailed review of CMTrading.
FAQ
Is CMTrading a regulated broker?
Yes, CMTrading is regulated by the FSCA in South Africa and the FSA in Seychelles. This means they follow strict rules and act ethically.
What account types does CMTrading offer?
CMTrading has Bronze, Silver, Gold, Premium, Demo, and Islamic accounts. They suit various trading styles and skill levels.
What trading platforms and software does CMTrading provide?
They offer the Web, MT4, and CopyKat platforms. Each has tools to make trading easier.
What markets can I trade with CMTrading?
You can trade international stocks, currencies, commodities, indices, and crypto CFDs with CMTrading. This allows for pricing, execution, and risk management in real time.
What is the minimum deposit required to open an account with CMTrading?
The minimum deposit required is 100 USD or its equivalent in another currency.
Does CMTrading offer educational resources for traders?
Yes, CMTrading provides webinars, e-books, and market analyses. They are dedicated to improving trading knowledge and skills.
What customer support options does CMTrading provide?
They have 24-hour support five days a week. You can contact them through live chat, email, or phone. Traders can always get help when needed.
How does CMTrading ensure the safety and security of traders’ funds and personal information?
CMTrading uses top-notch encryption and security protocols. They keep clients’ funds separate from their own, making the environment secure.
What leverage options does CMTrading offer?
Leverage up to 200:1 is available on forex. Commodities, indices, stocks, and crypto CFDs have different leverage options. Traders pick their level.
What are the main advantages of trading with CMTrading?
Trading with CMTrading offers a friendly platform, tight spreads, many instruments, and support. Its regulated status adds to the safe trading setting.
