Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
CMTrading Pros & Cons
- A vast array of trading accounts, including ECN accounts and an Islamic account.
- The presence of a service for copying transactions, which allows you to receive passive income.
- Tons of training materials and instruments for market analysis.
- Segregated accounts are used to store clients’ funds and the broker does not have access to them.
- For trading, you can use built-in advisors or those offered by the MT4 platform.
- Fast registration procedure on the site.
- Demo account availability.
- The minimum deposit amount is 250 EUR or USD, which is not always a top-tier option for beginners.
- Trading accounts can be opened in only two currencies: euros or US dollars.
- The broker offers a small number of payment systems for deposits and withdrawals.
TU Expert Verdict
CMTrading demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
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CMTrading User Reviews
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5-star
2%
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4-star
2%
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3-star
26%
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2-star
37%
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1-star
33%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of CMTrading have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- Inactivity fee applies
- Withdrawal fee applies
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Is CMTrading Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria7 /10CMTrading has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 15 years
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6 /10CMTrading offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Swap Free (Islamic) account
- Tight spread ECN account
- Low minimum deposit
- Micro lots are not available
- No Cent account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.2 /10CMTrading received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria7.8 /10CMTrading offers a limited selection of trading assets compared to the market average. The platform supports 150 assets in total, including 70 Forex pairs.
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Trading Account Opening
We successfully registered an account with CMTrading in 12 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at CMTrading is $100.Score:We evaluated Trading Account Opening at CMTrading by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at CMTrading by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.7 /10
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CMTrading Video Guides
FAQs
How do reviews describe CMTrading’s regulation and overall safety level?
CMTrading has a safety score of 7/10, which corresponds to a medium security level in this review. It is regulated by the FSCA in South Africa (Tier-2) and the FSA in Seychelles (Tier-3), offers negative balance protection and KYC verification, but does not participate in a specific investor protection fund and is not Tier-1 regulated, which is noted as a drawback.
What commissions and trading fees are highlighted for CMTrading in recent reviews?
The review rates CMTrading’s overall fee level as low, with a fees score of 8/10, noting low Forex trading fees, tight EUR/USD spreads, and no deposit fee. Standard account EUR/USD spreads typically range from 0.5 to 0.8 pips, while ECN accounts show average EUR/USD and GBP/USD spreads of about 0.1 pips plus a $2.5 per lot commission, and there are additional non-trading charges such as a $15 monthly inactivity fee and withdrawal fees.
What types of trading accounts does CMTrading offer and how do conditions differ?
CMTrading provides Demo, Standard, ECN/Raw spread, and Swap Free (Islamic) accounts, but does not offer Cent, Micro, VIP, or managed accounts. Live account tiers range from a Bronze account with a $250 minimum deposit and standard spreads to a Premium account from $100,000 with broader educational and analytical tools, while ECN accounts (Bronze, Silver, Gold, Platinum) can feature spreads as low as 0.1 pips and faster execution for currency trading.
What do reviews say about CMTrading’s deposit and withdrawal options and limits?
The review notes that CMTrading offers a basic but sufficient range of funding methods, including bank cards, bank wire, Skrill, Neteller, BTC, USDT, and Ethereum, with no deposit fee and a low minimum withdrawal requirement. The minimum deposit is stated as $100 and the minimum withdrawal as $20, although the review adds that these thresholds may vary by account type and payment method.
What markets and tradable assets are available with CMTrading according to reviews?
According to the review, CMTrading supports about 150 instruments, including 70 currency pairs, plus stocks, commodity futures, cryptocurrencies, and stock indices, while options are not available. It also mentions additional investment-style products such as bonds, ETFs, copy trading, and PAMM investing, but notes that managed accounts are not offered.
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