CM Trading is a rapidly growing online trading broker specializing in Forex, CFDs, Commodities, Indices, and Cryptocurrencies. Founded in 2012, the firm is headquartered in Johannesburg, South Africa, and is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
The broker offers a range of trading platforms, including the popular MetaTrader 4 and their own proprietary platform known as the Sirix WebTrader. CM Trading also provides a mobile application to facilitate trading on the go.
CM Trading places significant emphasis on customer satisfaction, offering 24/5 customer support in multiple languages. The company provides a comprehensive set of educational materials designed for traders of all levels of experience.
Safety and security are paramount for CM Trading, with strong measures in place to protect client funds and ensure compliance with anti-money laundering and KYC regulations.
CM Trading Broker Review
Overview
- Website: CM Trading
- Founded: 2012
- Headquarters: Johannesburg, South Africa
- Regulations: FSCA
- Minimum Deposit: $250
- Trading Platforms: MetaTrader 4, Sirix WebTrader
Overall Rating: 4.3/5
Pros and Cons
Pros
- FSCA-regulated
- Multiple trading platforms
- Educational resources
Cons
- Limited asset coverage compared to some competitors
- High minimum deposit
Usability
Both the MetaTrader 4 and Sirix WebTrader platforms are user-friendly, providing an intuitive trading experience.
Features
Advanced charting options, multiple technical indicators, and social trading features are available on their trading platforms.
Mobile App
CM Trading’s mobile application is efficient and straightforward, allowing traders to manage their accounts and execute trades from anywhere.
Account Types
- Standard Account
- Minimum Deposit: $250
- Leverage: Up to 200:1
- Spreads: From 1.5 pips
Asset Coverage
- Forex: Major, minor, and exotic pairs
- Commodities: Oil, gold, silver
- Indices: Major global indices
- Cryptocurrencies: Limited selection
Customer Service
Available 24/5 via live chat, phone, and email. Customer support is multilingual and generally responsive.
Deposit and Withdrawal
Methods
- Credit Card, Wire Transfer, Neteller, Fasapay, and more.
Fees
- No deposit fees; some withdrawal fees may apply.
Regulation and Security
CM Trading operates under the regulation of the Financial Sector Conduct Authority (FSCA) in South Africa. The broker has implemented robust security measures to protect client funds and data.
Conclusion
CM Trading offers a solid, FSCA-regulated trading environment with a focus on customer satisfaction and education. While the asset coverage may be limited compared to other brokers, the robust platforms and security measures make it a reliable choice for traders.
Disclaimer: Trading involves risks and is not suitable for everyone. You should only trade with money that you can afford to lose. This review is for informational purposes only and should not be considered financial advice.
