CM Trading Review
10% on each deposit
|Headquarters||82 Maude Street, Sandton, Johannesburg, South Africa|
|Support Number||+318 588 812 10|
|Support Types||Email: [email protected], phone, fax, Live Chat|
|Trading Platform||Meta Trader 4, CopyKat, Web Trader, Mobile Trader, Tablet Trader|
|Minimum 1st Deposit||$200|
|Minimum Account Size||$200|
|Minimum Trade Amount||$1|
|Maximum Trade Amount||$50000|
|Bonus||10% on each deposit|
|Payout||within 24 hours|
|Leverage||200:1 and 400:1|
|Spread||low competitive spreads from 1.2 pips per trade|
|Free Demo Account||Open Demo|
|Regulation||Financial Services Board (FSB) South Africa under the trading name FSP 38782 Blackstone Marketing SA (PTY) Ltd|
|Commission Info||CM Trading doesn't charge any hidden commissions or fees.|
|Account Types||Mini, CopyKat, Standard, Executive, Gold|
|Deposit Methods||wire transfer, credit card|
|Withdrawal Methods||wire transfer, credit card|
|Number of Assets||1000+|
|Types of Assets||forex, futures, indices, CFDs, shares|
|Trading Currency||All major forex pairs, most minor forex pairs and even exotic pairs like USD/ZAR (United States Dollar versus South African Rand)|
|Account Currency||€, $, £|
|US Traders Allowed|
CM Trading company information
CM Trading is founded by traders for traders and the owners have combined years of experience in stock market trading to develop a trading platform that is new and near perfect for beginners and experienced traders. CM Trading doesn’t only offer CFDs but also forex, futures and commodities. CM Trading offers its clients modern order execution, competitive spreads and excellent service and support. CM Trading tries to optimize trading experience and to create a bond between trader and broker. CM Trading operates successful from several countries and offers the same kind of service to all traders, not just the big boys. The MetaTrader 4 trading platform combines simplicity with functionality and within a few clicks any person can create a CM Trading account. CM Trading offers its clients 24/7 acces to the financial markets and is on it’s way to become one of the bigger online brokers.
CM Trading trading platforms
Meta Trader 4
MetaTrader 4 (MT4) is universally accepted and known as worlds best and most advanced trading platform. From basic functions for the beginning forex trader up to advanced technical and dynamic graphs for experienced (day) traders, MetaTrader 4 is the best trading platform for traders of all sorts. For beginning traders MetaTrader4 (MT4) might seem difficult at start but there are various (video) tutorials available to make you familiar with the platform.
CM Trading social trading
CM Trading CopyKat
CM Trading knows it’s difficult to get to know the forex and stock markets and its complex trading strategies. For this reason CM Trading offers its clients the possibility to follow other (professional) traders with just the simple click of the mouse. Follow traders conducted by other traders and decide whether you want to ‘copy’ these or not. Every time the followed traders open a trade, your account opens the same trade automatically.
CM Trading Web Trader
The Web Based Trading Platform is mainly designed for traders that don’t have the time to install any software on their PC. The Web Based Trading Platform is accessible by every browser and just an internet connection is required.
CM Trading Mobile Trader
The mobile trading platform is designed so that every trader can use CM Trading on their Android and iOS smartphones and tablets. All features available on the PC version, the Web Trader, are available on the Mobile Trader as well.
CM Trading has designed a special tablet version of their trading platform available on every type of tablet. Trading on tablet becomes more and more popular nowadays and compared to web-based or PC trading tablet trading has many advantages, one of them being the compact market information and user friendliness.
CM Trading account types
There are 5 types of trading accounts available for traders on CM Trading.
– Mini ($200-$999 minimum first deposit)
– CM Trading CopyKat acount ($250 minimum first deposit)
– Standard ($1000-$4999 minimum first deposit)
– Executive ($5000-$24999 minimum first deposit)
– Gold ($25000 or higher minimum first deposit)
All trading accounts on CM Trading come with a virtual demo account where traders can practice trading the stock markets without risking their own money. The leverage on mini account is 400:1, on all other accounts the leverage is set to a maximum of 200:1. The higher your CM Trading account type, the lower your spreads become. From Standard Account traders have access to webinars and other forms of educational material. Executive and Gold accounts receive a bonus in the form of a few risk-free trades monthly and Gold Account holders can make withdraws within 24 hours.
CM Trading Commissions and fees
Although traders can use inter banking margin tools on CM Trading, their website doesn’t state what their exact spreads are. What is known is that the higher account type traders have at CM Trading, the lower the spreads become.
CM Trading customer service
The CM Trading customer service is 24/7 available and traders can contact it by phone, fax, email and live chat.
CM Trading reliability
CM Trading protects its clients using the following safety measurements: 128 bit SSL encryption of deposits, withdrawals and transactions, Guaranteed Stop-loss feature and Negative Balance Protection. CM Trading is fully licensed and regulated and considered a reliable broker.
CM Trading review conclusion
Although CM Trading doesn’t offer a no deposit bonus or demo account apart from the demo account offered at account opening of at least a Mini Account, the easy to use social trading platform makes the broker truly unique. An other nice feature of CM Trading is that they offer their traders a special MasterCard which is attached to their CM Trading account and is useable as normal MasterCard in restaurants, hotels and stores. It’s also possible to withdraw money from the card from an ATM. CM Trading is one of the most if not THE most popular broker in South-Africa. With it’s low minimum first deposit requirement of just $200 any trader can open an account and start trading at CM Trading.
✓ Social Trading using CM Trading’s CopyKat platform
✓ Tight spreads (starting from 1.2 pips)
✓ Loads of educational and tutorial material available
✓ Reliable and regulated forex and CFD broker
✓ Available on smartphone and tablet
- Social Trading using CM Trading's CopyKat platform
- Tight spreads (starting from 1.2 pips)
- Loads of educational and tutorial material available
- Reliable and regulated forex and CFD broker
- Available on smartphone and tablet
CMTrading was my 4th broker and I've stuck with them for 4 months now. I am comfortable with their platform, and I love it for its simplicity and usability! Their support is kind and polite. Top notch FREE signals and support
Pros: Great support, free signals, Simple platform
Nadelen: High deposit ($250), no support over the weekend, no USA traders.OPEN ACCOUNT
it was everything gone wrong for me, i fell fully for their lies, had my broker handle my account for me which made things get worse but i was out there working almost all hours of the day to make sure i stay stable financially in life and all of a sudden +booom . i need cash and they are wasting my time to approve my withdrawal request. At this point i am beginning to get scared and after a while they stopped responding to my emails which became worse, i was going nuts until i was able to come across a company binaryoptionassetrecovery (+.com(. they were so helpful and we got back almost all of mu money back. im never going down that binaryoption or forex investment road again.
Nadelen: noneOPEN ACCOUNT