CM trading Broker Review

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:

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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.