CM Trading Review

Minimum Deposit: $100 VISIT BROKER
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

CM Trading is a South African-based retail forex and CFDs broker. CM Trading was established in 2012 under the banner of GCMT GROUP LTD. The broker is authorised and regulated by FSCA in South Africa and FSA in Seychelles.

CM Trading has over 170 tradeable assets, including forex, commodities, indices, stocks, and cryptocurrencies. The broker provides multiple trading platforms, MT4 and proprietary CM Trading WebTrader, to facilitate trading activities.

CM Trading offers commission-free trading with spreads categorised in four account tiers, including ECN accounts. In addition, the broker provides multiple account types, including Islamic accounts.

Educational resources and research tools are core values of CM Trading. The broker offers a ton of resources, including guides, webinars, Trading Central, analysis, signals, and educational videos.

8.4Expert Score
CM Trading Rating

CM Trading is a South African online broker that allows traders all over the world to trade a wide selection of Forex and CFD products on popular and easy-to-use trading platforms. CM Trading places a high value on providing traders with instructional materials and extensive daily market research to aid in their trading performance. They provide a good assortment of trading platforms and flexible accounts. Demo accounts and Islamic accounts are available at CM Trading.

Investment Products
8
Commissions and Fees
8
Platforms and Tools
8
Research and Education
9
Deposit and Withdrawal
9

CM Trading Review

Pros and Cons

CM Trading is over a decade-old licenced broker. CM Trading keeps its clients’ funds in segregated bank accounts. The broker offers over 170 trading instruments with user-friendly CM Trading WebTrader, MT5, and mobile trading apps. In addition, the broker offers multiple account types, including demo accounts and Islamic accounts. CM Trading offers commission-free trading with tight spreads and ECN executions. Various educational and research resources are there to help traders, including Trading Central, trade ideas, financial & technical analysis, e-books, videos, tutorials, webinars & seminars, economic calendar, and trading calculators. While providing multiple payment options, CM Trading does not charge a deposit fee. In addition, CM Trading offers crypto trading and funding. Moreover, a copy trading service is available via CopyKat.

On the other hand, CM Trading does not accept clients from the US. The company is not traded on any stock exchange. Therefore the financial information is not disclosed in public. CM Trading or its parent company does not have a banking licence either. There are no zero spread and fixed spread accounts available at CM Trading. In addition, CM Trading charges a withdrawal fee. Moreover, the broker charges an inactivity fee. There is no negative balance protection provided to the clients. Lastly, CM Trading is not regulated by any Top-tier regulatory body.

Positives
  • Regulated by FSA and FSCA
  • CM Trading WebTrader
  • Automated trading allowed
  • 170+ trading instruments
  • Crypto trading
  • User-friendly trading platforms
  • Mobile trading apps
  • Commission-free trading
  • Tight spreads
  • ECN accounts & execution
  • Fundamental and technical analysis
  • Lots of educational resources
  • CopyKat Trading (Copy trading)
  • Hedging & scalping allowed
  • Islamic account
  • Segregated accounts
  • Fast account opening process
  • Demo accounts
  • Trading Central
  • Trade ideas
  • Free deposits
  • Crypto funding
  • Seminars and webinars
  • Videos and eBooks
Negatives
  • US clients not accepted
  • Not a public company
  • Financial information not disclosed
  • No banking licence
  • Withdrawal fee
  • Minimum deposit of $100
  • No fixed spread accounts
  • No zero spread accounts
  • No 24/7 customer support
  • Limited account base currencies
  • Limited product portfolio
  • No negative balance protection

CM Trading Review

Investment Products

CM Trading has over 170 tradeable assets from various asset classes. CM Trading offers 50 forex pairs, 15 commodities, 68 stocks, 17 indices, and 23 cryptocurrencies. However, this product portfolio might seem limited for professional traders as other popular asset classes are not available, including options, bonds, and ETFs.

CM Trading Instruments Summary

InstrumentsCM Trading
Forex
Stocks
Indices
Commodities
Cryptos
Optionsx
Bondsx
ETFsx
CFDs
CM Trading Instruments

CM Trading Review

Commission and Fees

Commission and Spread Fees

CM Trading provides 4 account options for its clients that require different minimum deposits and have different salient features. The broker offers commission-free trading as the whole trading cost is in spreads. Here is a summary of spreads and commissions with respect to accounts.

FeeBronzeSilverGold-ECNPremium-ECN
Commission (per standard lot per side)$0$0$0$0
Spreads from1.71.20.90.9
CM Trading Fees

Deposit and Withdrawal Fees

CM Trading does not charge a deposit fee for using any payment method except crypto funding. There is a 4% deposit fee while using the crypto funding option.

There are certain withdrawal fees for using different payment methods. CM Trading applies a 2% withdrawal fee for using wire transfers, debit/credit cards, and e-wallets and 4% for crypto funding.

Inactivity Fees

There is an inactivity fee of $15 charged from the accounts that do not conduct any trading activity for consecutive 3 months. 

CM Trading Review

Platforms and Tools

CM Trading offers a variety of effective trading platforms to accommodate traders of all skill levels and demands. The broker provides a proprietary platform CM Trading WebTrader with a user-friendly interface and advanced features. MetaTrader 4 (MT4) is accessible for desktop (Windows & Mac), online (web browsers), and mobile (iOS & Android). They also provide their own CopyKat signal copying software and the Sirix WebTrader social trading platform.

MetaTrader 4 (MT4)

MetaTrader 4, usually known as MT4, is a widely used computer platform developed for retail foreign currency trading. MetaQuotes Software Corp, a Russian programme business that presently licences the software to 500 banks and brokers worldwide, produced it. MT4 was created in 2005 and is immensely popular among forex traders, owing to its user-friendly features, including the ability to allow automated trading. It enables users to construct their own trading scripts as well as trading robots – often known as expert advisors. MetaTrader 4 is a must-have tool for most investors and online traders, whether they trade forex or CFDs (Contract for Differences).

CM Trading MT4 Desktop Platform
CM Trading MT4 Desktop Platform

MT4 is widely recognised as the most popular online trading platform for acquiring access to the worldwide market, as well as a highly efficient instrument for retail foreign exchange trading. This is due to the fact that it was designed specifically for independent internet dealers. An electronic or online trading platform is a piece of software that allows users to make various trading orders for a variety of financial products across a network with brokerage firms or financial institutions that act as financial intermediaries. By completing trades, these financial institutions promote online trades between sellers and purchasers. With MT4, an online investor may trade on current/live market prices that are aired on various trading platforms, and they can maximise their profit potential by using the extra trading tools that are available. These platforms include capabilities such as live news feeds, trading account management, and charting packages that include trading robots.

CM Trading MT4 App
CM Trading MT4 Platforms

Online investors may simply watch global markets from anywhere, at any time, place orders instantly, and manage their accounts while away from their PCs using MT4 mobile trading. Furthermore, mobile trading provides a wide range of analytical options, including the presentation of graphical quotations for optimal account management. Because MetaTrader 4’s mobile trading choices are the same for tablets and smartphones as they are for PCs, an online investor may undertake trading activities at a similar speed and with the same trading instruments to get the greatest outcomes.

CM Trading WebTrader

CMTrading Webtrader is one of the most important advances in the field of currency trading, allowing traders to execute orders from cell phones, laptops, and tablets without the need to download or install any software. With Webtrader, a single click exposes you to a wide range of currencies and marketplaces. It works with both Mac OS and Windows.

CM Trading Web Platform
CM Trading Web Platform

Because online forex trading is growing more difficult, you must refresh your skillset to be competitive. When choosing a trading platform, you should consider the following factors: What is the platform’s quality? Is it simple to use? Is it safe? The CMTrading Webtrader platform includes all of these features and more.

To be a good trader, you must be able to utilise an online trading platform that is easy to use and receives regular updates. The CMTrading Webtrader is a high-quality and dependable trading platform. CM Trading Webtrader offers everything, from precise currency conversions to a high degree of security. As a result, the platform has become the most popular option among traders worldwide.

There are several reasons why so many traders swear by it; here are a few:

  • User updates are available 24 hours a day, seven days
  • Alternatives
  • An interface that is secure
  • Software is available 24 hours a day, seven days a
  • Services that are encrypted
  • Multiple account management
  • No-hassle order executions
  • Online trading recommendations in real-time
  • Forecasts, graphical representations, and other features

CopyKat Trading

Whether you’re a novice or a seasoned trader, CMTrading’s CopyKat allows you to watch, study, and replicate the complicated techniques employed by great traders. Even if you are new to trading, you will be able to trade like the pros with a single click. Open a CMTrading account today to gain access to CopyKat!

CM Trading CopyKat
CM Trading CopyKat

Beginner traders may encounter difficulties during their initial forays into the trading industry. Here are the highlights of CopyKat:

  • Follow expert traders and determine whether you wish to emulate them.
  • The identical deals are executed in your account each time they trade.
  • Furthermore, you may trade automatically.
  • Mobile, desktop, and APP versions are all available.

Daily Trading Signals

A trading signal is a recommendation or tip from an expert on a certain financial asset that must be implemented at a specific price and time. Trading signals can assist you to improve your trading activities regardless of your degree of trading expertise or experience.

You will receive frequent notifications informing you of potentially profitable trades such as currency pairings, commodities, or stocks, along with stop and loss information.

Trading signals are only valuable for a limited period; if they are not acted on in a timely manner, they lose their value. Clients of CMTrading may utilise the daily free trading signals to utilise in a range of tradable markets.

CM Trading Platforms Summary

PlatformCM Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)x
cTraderx
Proprietary
Desktop
Web
Mobile
Social Trading
Other
CM Trading Platforms

CM Trading Review

Research and Education

CM Trading offers a plethora of free training videos, technical analysis lessons, webinars, and eBooks. The training content is extensive and ideal for traders of all levels of expertise, with themes ranging from the most fundamental to the most complex.

CM Trading Education & Tools
CM Trading Education & Tools

Daily Market Reviews

With the daily market news updates, you can discover the greatest moves and trends in the worldwide markets and construct your trading strategy. Navigate the markets with the help of knowledgeable experts. You can watch daily video updates from CM Trading’s experts here, where they explain global price changes and walk you through the day’s most important market happenings.

Economic Calendar

The Economic Calendar on CMTrading includes key events that can have an impact on financial markets. Skilled traders monitor these occurrences and organise their trades around them. You will be able to keep track of market volatility, monetary policy pronouncements, and economic data as they occur.

Calculators

At CMTrading’s Economic Calendar, you can keep track of economic data and monetary policy pronouncements.

Analysis

Fundamental analysis is the study of economic news events in Forex trading. Forex traders regularly monitor economic statistics since changes in an economy’s health may impact currency pricing. As a general rule, countries with robust economies will see greater demand for their currency as firms and individuals boost their investment. As a result, if a major news event reveals that economic growth was stronger than projected, Forex traders may rush to buy that currency in the hopes that the positive statistics would lead to increased demand for that currency in the future. If the outcomes fall short of expectations, the opposite is true.

Traders in financial markets utilise Technical Analysis to determine supply and demand. Technical analysis is the use of mathematical algorithms to examine overall price fluctuations. Traders would typically employ technical analysis to determine if a stock or currency is cheap, overpriced, or if momentum is building, which might result in a sudden move in prices.

Videos

CM Trading also offers a variety of extensive training videos divided into two categories: introductory courses and in-depth courses. These well-explained videos include a wealth of trading expertise. Trading platforms, trading tools, and social trading are all topics covered. The technical video analysis is similar to the chart analysis in that the information is shown and discussed in a simple yet informative movie.

CM Trading Videos
CM Trading Videos

Seminars & Live Webinars

In an era when jobs are scarce, many people are looking for methods to improve their skills in online earnings. Award-winning broker CMTrading is offering a chance for anybody to learn from the pros. With online Webinars, you may achieve your trading objectives. CM Trading’s professionals will walk you through every facet of the financial markets.

E-books

CM Trading’s comprehensive eBooks assist traders in understanding some of the main trading ideas while expanding their trading knowledge and skills. An introduction to financial markets, strategy, psychology, money management, technical analysis, and other topics are discussed.

CM Trading Guides
CM Trading Guides

Trading Central

Trading Central, the world leader in financial technology innovation, has provided CM Trading with a research and analytics solutions package. Trading Central’s strong AI and skilled analysts can obtain premium research, award-winning analytics, and timely insights 24 hours a day, seven days a week, to help you supercharge your trading adventure! Trading Central’s experienced experts will provide the latest trading opportunities, news, and market-moving events to your email twice a day. Trading Central’s award-winning techniques and powerful pattern identification enable you to research many assets effectively.

Trading Central
Trading Central

CM Trading Research and Education Summary

ResourcesCM Trading
Market Analysis
Guides
Videos
Webinars
Autochartistx
Trading Central
Economic Calendar
Other
CM Trading Resources

CM Trading Review

Deposit and Withdrawal

CM Trading provides various payment options, including wire transfers, debit/credit cards, e-wallets and crypto funding. Trasnactions may be processed from instantly to 3-5 business days. 

CM Trading Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptos
CM Trading Funding Options

CM Trading Review

Regulation and Safety

GCMT GROUP LTD is regulated in different jurisdictions. CM Trading has the following licences:

  • GCMT SOUTH AFRICA PTY LTD: The Financial Sector Conduct Authority (FSCA) of South Africa
  • GCMT Limited: The Financial Services Authority (FSA) of Seychelles

CM Trading Regulation Summary

RegulatorCM Trading
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Other (FSCA, FSA)
CM Trading Regulators

CM Trading Safety

They keep client monies in separate accounts to guarantee that they are only utilised for client trading. Clients must have access to funds at all times so that they may withdraw them whenever they choose. While CM Trading allows clients from all around the world, some countries are excluded owing to legislation, including the United States.

CM Trading Review

Client Support

CM Trading provides clients support 24/5 via online chat, phone and email. Considering the presence of crypto trading, it might be nice to see 24/7 customer support as crypto trading is done 24/7.

CM Trading Review

Conclusion

Overall, CMTrading is a fairly trustworthy broker regulated by the Financial Sector Conduct Authority, where customer assets are kept in segregated accounts. There are four main account types, each with its own set of perks and minimal deposit requirements. However, CMTrading’s trading and non-trading costs are the same, non-existent. There are no deposit fees and trading commissions. However, there are deposit fees and inactivity fees. With CMTrading, you may trade and copy trade with other people, and you can always rely on 24/5 customer support if you run into a problem.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

CM Trading Review

FAQs

When was CM Trading founded?

CM Trading was founded in 2012.

Where is CM Trading located?

CM Trading is located in South Africa.

Is CM Trading regulated?

CM Trading is regulated by FSCA and FSA.

What trading instruments does CM Trading offer?

CM Trading offers 170+ trading instruments from forex, commodities, stocks, indices and cryptocurrencies.

What is CM Trading’s minimum deposit?

CM Trading requires a minimum deposit of $100.

What investing platforms does CM Trading offer?

CM Trading offers MT4 and CM Trading WebTrader platforms.

What is CM Trading’s commission fee?

CM Trading provides commission-free trading.

Does CM Trading charge an inactivity fee?

There is an inactivity fee of $15 charged from the accounts that do not conduct any trading activity for consecutive 3 months.

What are CM Trading’s spreads?

CM Trading offers tight spreads starting from 0.9 pip.

What funding options does CM Trading offer?

CM Trading offers and accepts payments via wire transfers, debit/credit cards, e-wallets and crypto.

Does CM Trading offer demo trading?

CM Trading offers demo trading.

Does CM Trading offer Islamic accounts?

CM Trading offers swap-free Islamic accounts.

How do I contact CM Trading customer support?

CM Trading’s customer support can be contacted 24/5 via online chat, phone and email.
CM Trading Review
CM Trading Review
Minimum Deposit: $100
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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