History and Founding
CM Trading was established in 2012 and is headquartered in Johannesburg, South Africa. The broker has built a strong reputation for offering tailored trading solutions, innovative tools, and exceptional client support, particularly in the African and Middle Eastern markets.
Mission and Vision
CM Trading’s mission is to provide a secure and supportive trading environment that empowers traders to achieve their financial goals. Its vision is to become a globally recognized broker by prioritizing education, transparency, and advanced trading tools.
Global Presence
With a focus on emerging markets, CM Trading serves clients in over 100 countries. It offers localized support and services, including multilingual customer assistance and educational resources tailored to regional needs.
Advantages and Disadvantages
Key Strengths
- Regulated by FSA and FSCA
- CM Trading WebTrader
- Automated trading allowed
- 170+ trading instruments
- Crypto trading
- User-friendly trading platforms
Areas for Improvement
- US clients not accepted
- Not a public company
- Financial information not disclosed
- No banking licence
Security and Regulations
Licenses Held
CM Trading is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. The broker complies with local regulatory standards to ensure a secure and transparent trading environment.
Fund Segregation and Insurance
Client funds are held in segregated accounts with reputable banks to ensure their safety. However, CM Trading does not offer additional insurance protection beyond standard practices.
Tradable Instruments
Forex Pairs
CM Trading offers trading on over 50 forex pairs, including major, minor, and exotic currencies, with competitive spreads and high liquidity.
Commodities
Trade popular commodities like gold, silver, crude oil, and natural gas to diversify your portfolio.
Indices
Access major global indices, including NASDAQ, S&P 500, FTSE 100, and DAX, via CFDs.
Cryptocurrencies
CM Trading supports trading on leading cryptocurrencies, including Bitcoin and Ethereum, with flexible leverage options.
Shares
Trade shares of top global companies such as Apple, Amazon, and Tesla via CFDs, allowing for both long and short positions.
Account Types
Basic
| Minimum deposit | 0 |
|---|---|
| Commission | 0.1 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Stop-out level | 20 |
Trader
| Minimum deposit | 0 |
|---|---|
| Commission | 0.1 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Stop-out level | 20 |
Gold
| Minimum deposit | 0 |
|---|---|
| Commission | 1.9 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Stop-out level | 20 |
Premium
| Minimum deposit | 0 |
|---|---|
| Commission | 1.9 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Stop-out level | 20 |
Fees and Charges
Spreads and Commissions
Spreads on forex pairs start from 1.5 pips on the Mini Account and decrease with higher-tier accounts. No commissions are charged on most account types.
Swap Rates
Overnight swap fees apply to positions held overnight, with detailed rates disclosed on the platform. Swap-free Islamic accounts are available upon request.
Inactivity Fees
Inactivity fees apply to accounts that remain dormant for more than 90 days, encouraging active trading.
Trading Platforms
| Available tools | Forex, Metals, Energy, Stocks, Indices, Commodities, Cryptocurrency, CFDs |
|---|---|
| Cryptocurrencies | LINK, XLM, XMR, XDG, SOL, BTC, BTC mini, ETH, ETH mini, LTC, XRP, BCH, ADA, DOT, UNI, SHIB, THT |
| CFD | Forex: 44 Metals: 6 Energy: 3 Commodities: 6 Indices: 13 Stocks: 77 Cryptocurrency: 17 |
MetaTrader 4
CM Trading supports the MetaTrader 4 platform, offering advanced charting tools, technical indicators, and automated trading capabilities.
WebTrader
The proprietary WebTrader platform provides a simple, web-based trading experience with real-time market data and intuitive navigation.
CopyKat Social Trading
The CopyKat feature allows traders to follow and copy the strategies of successful traders, making it ideal for beginners looking to learn from experts.
Mobile Trading Apps
CM Trading’s mobile apps for iOS and Android enable traders to manage accounts, execute trades, and monitor markets on the go.
Customer Support
Steps to Register
To open an account with CM Trading, visit the broker’s website, complete the online registration form, and submit the required verification documents. The process is straightforward and user-friendly.
Verification Requirements
Verification involves submitting proof of identity (passport or government-issued ID) and proof of address (utility bill or bank statement) to comply with FSCA regulations.
Deposits and Withdrawals
Payment Methods
CM Trading supports multiple payment options, including bank transfers, credit/debit cards, and e-wallets like Neteller and Skrill.
Processing Times
Deposits are processed instantly, while withdrawals typically take 1–5 business days depending on the payment method used.
Associated Fees
Most deposits are fee-free, but withdrawal fees may apply for certain methods. Detailed fee information is available on the broker’s website.
FAQ
Is the broker regulated?
Yes, CM Trading is regulated by the FSCA in South Africa, ensuring a secure trading environment.
What trading platforms are available?
CM Trading offers MetaTrader 4, WebTrader, and CopyKat social trading platforms, along with mobile trading apps.
What is the minimum deposit required to open an account?
The minimum deposit starts at $250 for the Mini Account.
What types of accounts does the broker offer?
CM Trading provides Mini, Classic, Executive, VIP, and demo accounts to suit different trading needs.
What fees and commissions are charged?
Fees include spreads, swap rates for overnight positions, and inactivity fees for dormant accounts. No commissions are charged on most account types.
What is the maximum leverage available?
Leverage of up to 1:200 is available, depending on the account type and trading instrument.
Are demo accounts available?
Yes, CM Trading offers demo accounts with virtual funds for traders to practice and refine their strategies risk-free.
How can I contact customer support?
Customer support is available via live chat, email, and phone, offering multilingual assistance during trading hours.