CM Trading is an online broker founded in 2012 and is currently rated as South Africa’s largest indigenous online broker, providing traders across the globe access to trading instruments in multiple markets, including Forex, commodities, cryptocurrency, stocks, shares, indices, metals, and energies, on popular trading platforms including the MetaTrader 4. They offer a range of trading tools, educational materials, and 24/7 customer support.
The broker uses the latest technologies to make trading enjoyable and simple whilst maintaining integrity and honesty as core values — little wonder they have won some top awards in Africa, including Best Broker in Africa 2017, Best Financial Broker in Africa 2019, and Best Performing Broker in Africa 2019.
CM Trading Review Introduction
In this CM Trading review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CM Trading.
CM Trading Platforms & Tools
CM Trading has a selection of powerful trading platforms for different levels and needs of traders. Metatrader 4, which is the world’s most popular trading platform, is known for its user-friendly interface, quick learning curve, and several built-in features like the one-click execution, multiple order times, real-time quotes, technical indicators, news, and other tools. The MT4 platform is available as desktop applications (Windows/MAC), a web version, and mobile apps (iPhone/Android/Tablet).
There is also the Sirix WebTrader, a web version of the popular Sirix social trading platform available in 18 languages. The broker also provides Copykat Trading, which can be accessed via the Sirix WebTrader and allows users to watch, study, and copy strategies used by other traders.
CM Trading has a selection of useful trading tools, such as the Smart Communication System, Flexi signals, Daily Market Analysis, and Economic Calendar.
CM Trading Research & Education
The broker provides their clients with a vast range of educational materials suitable for traders of all experience levels and covering topics from the very basic to more advanced subjects. The available educational materials include ebooks, Training videos, Webinars, Chart analysis, and Video analysis.
CM Trading Accounts
The broker offers various account types:
- Mini Accounts: $250 minimum deposit, flexible leverage of up to 1:200, access to daily/weekly analysis & ebooks, and no commission
- Classic Account: $1000 minimum deposit, flexible leverage of up to 1:200, regular spread, and no commission
- Executive Account: $10,000 minimum deposit, flexible leverage of up to 1:200, tighter spreads, and no commission
- Premium Account: $25,000 minimum deposit, flexible leverage of up to 1:200, free trading strategies, competitive spreads, and no Commission
The Islamic swap-free accounts that comply with Sharia law are also available. There is also a demo account for practicing with virtual funds before opening a real account.
CM Trading Account Funding
There are a variety of deposit and withdrawal options including bank wire, credit card, and some online payment processors like NETELLER. Bitcoin funding is also available. Some fees may be charged when using certain payment methods.
CM Trading Customer Service
CM Trading offers prompt and efficient customer support services, and they can be reached via online chat, email, and various international telephone numbers.
CM Trading Regulation
CM Trading is the brand name of Global Capital Markets Trading and BLACKSTONE Marketing SA (PTY) LTD (GCMT SA). The broker is regulated by the Financial Sector Conduct Authority (FSCA) and the Financial Services Board (FSB) in South Africa.
CM Trading Review Summary
CM Trading is an online broker with a good choice of trading platforms and flexible accounts to choose from. They offer a selection of trading instruments in different markets. The broker also helps their traders achieve trading success by providing them with daily market analysis and educational materials.
It is worth mentioning that some of the trading products and services in this CM Trading review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the CM Trading broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- A wide range of trading instruments across different asset classes
- MetaTrader 4 Platform
- Sirix social trading platform
- Multiple trading tools
- A variety of educational materials, including daily market analysis