CM trading Broker Review

Author By Jeffrey Cammack
Updated: January 12, 2021
Overall Rating
3.24 3.24 / 5
Rated #47 of 49 Recommended Brokers
Min. Deposit
USD 100
Regulators
Trading Desk
Trading Cost
USD 15
Website Language
English, Arabic
Support Language
English, Arabic
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

CM Trading is a market-maker with competitive spreads on its Islamic account and an interesting selection of trading tools, including the Guardian Angel system which provides automated feedback on your trading style.  

A good choice for new traders due to the great educational material and the CopyKat copy-trading system and with MetaTrader 4 and Sirix Webtrader platforms both supported, there is some platform flexibility.

Reviews

Regulation
111003/ 5
Trading Conditions
110.5002.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
1110.503.5/ 5
Assets Available
11110.54.5/ 5
Customer Service
11110.54.5/ 5
Beginner Friendly
Standard
Bonuses
$25 No Deposit Bonus

Account Information

Base Currencies
EUR, USD
Number of FX Pairs
47
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Min. Spread
1.50 pips
Commission
Fees Included in Spread
EUR/USD
1.5 pips
GBP/USD
2.6 pips
USD/JPY
1.7 pips
Max. Leverage
200:1

Company Details

Company Name
Global Capital Markets Trading and BLACKSTONE Marketing SA(PTY)LTD (GCMT SA)
Founded
2013
Office Locations
South Africa, Mauritius, Israel

Is CM Trading Safe?

Having been founded in South Africa, it was first registered with the Financial Sector Conduct Authority (FSCA). However, it is also registered with other commissions in the various countries in which it operates.  CMTrading is licensed by the Securities Commission Malaysia so as to allow it to operate in Malaysia.

Account Types

CMTrading offers both real and demo accounts – there are four types of real accounts from which a retail forex trader can choose to open depending on the deposit amount, and has different features or spreads. The four real accounts are mini account, standard account, executive account and Gold account.  Every type of a real account has its own unique features:

Scroll for more detailsPreviousNext
Display Name
Min. Deposit
Max. Leverage
Min. Spread
Commission
Bronze
USD 250
200:1
1.50
None
Account Details
Gold
USD 10000
200:1
0.90
None
Account Details
Premium
USD 25000
200:1
0
None
Account Details
Silver
USD 1000
200:1
1.20
None
Account Details

Deposits & Withdrawals

CMTrading allows the use of a variety of money transaction methods in depositing money to and withdrawing money from the trader’s CMTrading account including credit cards, debit cards, Skrill (Moneybookers) and bank wire transfers.

Trading Platforms

CMTrading has a standard variety of trading platforms to cater to the needs of traders. These trading platforms include MetaTrader 4, Tablet Trader (which is a mobile-optimized website trading platform), Sirix WebTrader and MT4 App for mobile devices.

As a note, the Sirix Web Trader allows traders to copy other traders’ trades while the MT4 mobile app is actually available for both iPhones and Android-operated smartphones.

AlertMost retail CFD accounts lose money. Your capital is at risk.
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.24/ 5
USD 100
Market Maker
Commodities
Cryptocurrencies
Forex
47
4
  • Good for beginners
  • Great customer support
  • Copy trading accounts
  • Expensive withdrawals
  • Local regulation only
111003/ 5
110.5002.5/ 5
111104/ 5
100001/ 5
1110.503.5/ 5
11110.54.5/ 5
11110.54.5/ 5
73% of retail investor accounts lose money when trading CFDs with this provider
200:1
1.50 pips
Bronze
Gold
Premium
Silver
Sirix
CashU
Bank Transfer
Neteller
Fasapay
Fees Included in Spread
1110.503.69/ 5
USD 200
Market Maker
Commodities
Cryptocurrencies
Forex
Indicies
Equities
52
16
  • Well regulated
  • Good for beginners
  • Innovative trading tools
  • Limited education
  • Wide spreads
11110.54.5/ 5
111104/ 5
111104/ 5
110002/ 5
10.50001.5/ 5
11110.54.5/ 5
111104/ 5
67% of retail investor accounts lose money when trading CFDs with this provider
400:1
1 pips
Professional
Standard
etoro
Visa
Mastercard
Neteller
Unionpay
Skrill
Paypal
Fees Included in Spread
1110.503.42/ 5
USD 100
Market Maker
Commodities
Cryptocurrencies
Forex
Indicies
Metals
Equities
ETFs
Bonds
55
4
  • Well regulated
  • Wide range of assets
  • Limited education
  • Wide spreads
111104/ 5
1110.503.5/ 5
111104/ 5
111003/ 5
10.50001.5/ 5
1110.503.5/ 5
1110.503.5/ 5
71.36% of retail investor accounts lose money when trading CFDs with this provider
300:1
1.80 pips
Exclusive
Gold
Micro
Platinum
Silver
Sirix
Bank Transfer
Visa
Mastercard
Skrill
Neteller
Fees Included in Spread
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

Share your knowledge

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Featured Brokers

Close
>