CM Trading Review
CM Trading is a well-established broker since 2011. CM Trading has headquarters in South Africa and Seychelles. CM Trading to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FSCA (South Africa) 38782 and FSA (Seychelles) SD070.
Major Information
💲 Min Deposit $100
⚖ Max Leverage 1:200
💡 Min Position 0.01 lot
🌐 Website www.cmtrading.com
⌛ Year Established 2011
Not yet rated
Company Information
Features
💰 Bonuses
📈 Managed accounts
📖 Free education
Account Information
Apart from the forex demo account, this broker offers Bronze, Gold and Silver. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by CM Trading is up to 1: 200. Meanwhile, you can open an account with a starting capital of $100.
Min Deposit
$100
Max Leverage
1:200
Spread
Fixed and Variable
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, CM Trading also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Bronze account, CM Trading specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:100
Indexes
1:100
Crypto
1:5
💲 Min Deposit $10000
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, CM Trading also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Gold account, CM Trading specifically provides it with the following instruments and leverage:
Forex
1:200
Crypto
1:5
💲 Min Deposit $1000
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, CM Trading also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Silver account, CM Trading specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:100
Indexes
1:100
Crypto
1:5
Payment Methods
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
CashU : If you live in the Middle East, CashU is one of the most popular online payment services there. CashU is a digital wallet that allows clients to pay or transfer money online instantly and offer users its own pre-paid MasterCard with no absolutely additional fees attached. Introduced in July 2002, CashU has targeted the Middle East and North African markets where it serves close to 2.3 million customers. This is the reason why many of the forex brokers that are expanding in the North African and Middle East market accept CashU as one of their payment methods.
CM Trading also provides payment with UnionPay, Ripple, Litecoin, Ethereum, Crypto, Credit/debit cards and AstroPay
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, CM Trading offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to CM Trading? If you do, you should reach CM Trading's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About CM Trading
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if CM Trading is a good broker for you or not by reviewing the criteria. In general, CM Trading provides trading service in Forex , Gold & silver , Indexes and Crypto . As for the payment methods, you can choose between Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, CashU, FasaPay, Litecoin, Crypto, Ethereum, Ripple and AstroPay. The customer support is available via Email, Phone and Live chat.
The starting capital in CM Trading is $100.
CM Trading is regulated by FSCA (South Africa) 38782 and FSA (Seychelles) SD070. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
CM Trading is a brokerage company offering trading services for clients since 2011 with offices in South Africa and Seychelles.
