CM Trading


CM Trading Review for South Africa – Is CM Trading Trustworthy?

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Based in Johannesburg, South Africa, CM Trading is owned by Global Capital Markets Trading South Africa Proprietary Limited. With centres in Johannesburg and Seychelles, CM Trading extends their services to clients across the globe. What sets it apart from other brokers is its commitment to excellence; it not only strives to offer the best quality service to its clients, but also attempts to bring innovation. The following segments illustrate why CM trading can be accounted as a leading brokerage option in South Africa.

 


 
CMTrading
CM Trading Website

Overview:

  • Minimum Deposit: $250
  • Max. Leverage 1: 200
  • Tradable Assets: Forex, CFD, Stocks, Cryptocurrencies, Indices, and Commodities
  • Regulated by: FSB
  • Demo Account: Yes

Note: Your capital is at risk


 

License & Regulations Review

The regulations in South Africa are as stringent as the regulations in UK and Europe. In fact, CM Trading is regulated by one of the strictest regulatory bodies, the Financial Services Board (FSB) with a License Number 38782. Operating under such a strict regulatory body, CM trading boasts high security features, wherein one can expect full security of his/her funds at all times. This, along with the segregation of funds from operating capital in separate accounts at Tier-1 banks, contributes towards its high operational standards. What’s more, all data pertaining to transactions are encrypted with the help of the cutting-edge SSL technology.

 

Registration Process

Opening an account with CM Trading is fairly simple. All you need to do is log on to the official website of CM Trading, click on the “Open Account” option, and fill in the details. You can opt for the demo account to try out your strategies or directly start trading using your live account. Either way, it will only take a few moments register; then, you can proceed with your trades.

You can also sign up here:

 

Account Types

Much to the trader’s delight, there are four types of accounts on offer at CM Trading. Some of the key features of these accounts are discussed in the following chart:

cmtrading acc type
CM Trading Account Types

 

Demo Account

CM Trading offers a demo account to its clients, but unlike other brokerage sites which can be availed for free, the demo account offered by CM trading can be accessible only after registering for a live account. The CM Trading account holders can visit the official website and click on the “add account” option to select the “demo” option.

 

Trading Conditions

CM Trading is widely recognised for their advantageous trading conditions. Some of the trading conditions offered by the broker are listed below:

Apart from Forex trading, CM Trading allows its users to trade a variety of assets like CFDs, stocks, cryptocurrencies, and indices.

CM Trading offers MT4 and Sirix trading platforms which come with a comprehensive set of access options.

The brokerage site allows leverage up to 200:1 on regular accounts and 400: 1 on Mini accounts. In addition to this, it offers a leverage of 50:1 on CFDs.

Users can access its automated mirroring service called “CopyKat” and other facilities like social trading.

Newcomers can benefit greatly from the extensive range of education materials which offers an incisive insight into the market.

The demo account feature is accessible from all four types of accounts.

CM Trading is also popular among the traders for their lower initial deposits; traders can trade their assets by making a minimum deposit of $250.

All withdrawal requests are managed within 24 hours.

CM Trading offers exciting incentives to its users; its bonus programs are extremely lucrative for all types of trades.

Traders are supported by a highly efficient customer service team 24x5.

 

Instruments

As evident from the earlier discussion, CM trading allows traders to trade several types of assets such as forex, cryptocurrency, commodities, stocks, and indices.

 

Forex Trading

Trading Forex on CM Trading has numerous benefits. To begin with, traders are offered leverage up to 200:1 on Forex trading. It is absolutely safe to trade forex on this platform, as it offers a stop-loss order to protect users from losses.

 

Commodity Trading

CM Trading allows its users to trade a variety of commodities, such as Gold, Silver, Crude Oil, etc. Traders who are looking for short-term trades can largely benefit from commodity trading, as its commission is lower than other forms of trading.

 

Stocks Trading

At CM trading, stock trading can be quite rewarding. It provides the trader with a wide array of trading tools which can be used for analysis and market research. Also, traders will receive signals and strategies to make the most of their trades.

 

Cryptocurrency Trading

Cryptocurrency trading has become a popular form of trading these days. At CM trading, cryptocurrency trading can be a highly profitable trading option. Cryptocurrency trades are comparatively cheaper as the transaction fee is lower than other types of trading and the network deploys the remote computer system for significant transactions.

 

Trading Platform

CM Trader account holders can trade using MetaTrader 4 and Sirix platforms, which offer a comprehensive set of access options, trading services, as well as updates. Traders can also access the platforms from their mobile phones as the brokerage has its exclusive mobile trading app. Apart from this, the brokerage site permits its users to use exciting trading features like the SirixCopyCat option for mirror trading. Also, traders can access social trading via CMT.

 

Mobile Trading Review

Trading in MT4 platforms is fairly easy with CM Trading’s mobile trading app.  Traders can execute their trades faster from anywhere, at any time.  The MT4 mobile app offered by CM Trading has several advantages that promotehassle-free trades. Some of the beneficial features of the mobile app include:

  • 24/7 Support
  • Access to Transaction History 
  • News Alerts
  • Trading Signals
  • Quick Access to Charts and Indicators  
  • Browse Real-Time Pricing

 

Deposits and Withdrawals

Conveniently enough, CM Trading provides its users with a host of secure payment/withdrawal options, including:

  • Credit/Debit cards
  • Bank wire
  • CashU
  • Netteler
  • Fasapay

 

The minimum deposit for using CM Trading is $250, and account currencies for carrying out trades include USD and EUR.

 

Education

Regardless of the type of trading in question, technical analysis has become an indispensable part of trading strategies these days. At CM Trading, account holders have the privilege to access a wide array of trading tools and educational content which can help them get a comprehensive overview of the market prices. Traders will have access to a wide variety of trading resources including (but not limited to):

  • Training Videos
  • eBooks
  • Forex eBooks
  • Live Market
  • SummaryTrading Guides (“Make Me A Trader”)
  • WebinarsChart Analysis
  • Technical Analysis
  • Fundamental Analysis

 

Bonus and Special Offers

Traders can enjoy a number of bonus programs, as CM trading offers the most generous bonuses to its traders. By using the bonuses, traders can make more significant trades with more capital.

  • Traders will receive the eBook for free after the first deposit.
  • With a deposit of $500 and above, traders can get up to a 20% bonus (T&Cs apply).
  • With deposits of $1000, traders can apply for a free Intercash international debit card.

 

Customer Support

One of the major, but often overlooked, aspects of a brokerage website is the customer service facilities. Any reliable broker must be backed by an efficient in-house customer support team. Like any other internationally renowned broker, CM Trading offers bilingual customer service representatives to all clients and ensure 24x5 customer support.  Newcomers can enjoy a wide range of web resources, which includes educational materials, webinars, video tutorials, and trading signals, etc.

 

 

Best Features at a Glance

        CMTrading CM Trading offers extremely profitable trading conditions for all types of accounts. Some of its lucrative features are summarised below:
  • High payout percentage
  • MT4 and Sirix trading platforms
  • Advanced Market Analysis Tools
  • Automated mirroring service called “CopyKat”
  • Flexible Payment Options
  • 24/5 bilingual customer support
  • Social trading facilities
  • Lower initial deposits
  • Regulated by FSB
  • Lucrative bonuses

 

 

 

Frequently Asked Questions

1. Is CM Trading a Scam?

It is perfectly safe to trade on CM Trading, as it is regulated by one of the strictest regulatory bodies, the Financial Services Board (FSB).

2. Does CM Trading offer a debit card?

With deposits above $1000, traders can apply for a free Intercash international debit card.

3. Does CM Trading offer profitable spreads?

CM Trading offers tighter spreads; traders can enjoy leverage up to 200:1 on regular accounts and 400: 1 on Mini accounts.

4. What is the minimum deposit for trading on CM Trading?

The minimum deposit for trading on this trading platform is $250.

 

Final Thoughts

Functional from 2013, CM Trading has evolved over the years to become a popular destination for trading Forex as well as other assets like CFDs, stocks, cryptocurrencies, etc. Not only does it offer favourable conditions for trading, it allows traders to trade on Meta Trader 4 and Sirix platforms. When compared to other brokerage options, CM Trading stands out because of their outstanding features. Offering a number of worthwhile features, – from lucrative promotions, secured transactions, MT4 trading tools to high-end customer services – CM Trading can be regarded as a reliable brokerage option in South Africa.

 

Note: Your capital is at risk

 

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.