CMTrading Review 2024
Minimum
deposit:
  • $250

Trading platform:

  • WebTrader
  • MetaTrader4
  • Mobile application
  • Sirix
Regulation:
  • FSCA
Bonus for deposit:
  • 0%

CMTrading Review 2024

Updated: February 08, 2024
Updated: February 08, 2024

3.61

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $250

Trading platform:

  • WebTrader
  • MetaTrader4
  • Mobile application
  • Sirix
Regulation:
  • FSCA
Bonus for deposit:
  • 0%

Note!

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Summary of CMTrading Trading Company

CMTrading is a broker with higher-than-average risk and the TU Overall Score of 3.61 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CMTrading clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. CMTrading ranks 191 among 395 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

The broker CM Trading offers acceptable trading conditions for active traders with different trading experiences. There are no investment instruments.

The CM Trading broker has been providing financial services in the international Forex market since 2012. The company is focused on working with active traders and provides optimal trading conditions. CM Trading allows advisors, provides a vast array of instruments for market analysis, and its seasoned professionals always have your back. CM Trading is regulated by the FSCA 38782 (Financial Sector Conduct Authority of South Africa) and the FCA (Financial Conduct Authority of Seychelles).

The broker's portfolio of trading instruments includes currency pairs, cryptocurrencies, indices, and CFDs. There are few assets for long-term investments in the company, so the broker offers investors another way to get passive income. It can be done using the services of trade copying agencies or apps.

💰 Account currency: USD, EUR
🚀 Minimum deposit: 250 USD, EUR
⚖️ Leverage: 1:200
💱 Spread: From 0.9 pips
🔧 Instruments: Currency pairs, indices, cryptocurrencies, commodities, CFDs
💹 Margin Call / Stop Out: From 20%

👍 Advantages of trading with CMTrading:

  • 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.

👎 Disadvantages of CMTrading:

  • 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.

Evaluation of the most influential parameters of CMTrading

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

3.29

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

7.02

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.14

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.02

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

6.70

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.74

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

6.87

/10

Trade with this broker, if:

  • You are looking for a broker that offers a wide range of trading accounts, including ECN accounts and an Islamic account to cater to different trading preferences.
  • The presence of a service for copying transactions appeals to you, providing an opportunity for passive income through copy trading.

Do not trade with this broker, if:

  • You prioritize a lower minimum deposit, as the minimum deposit amount of 250 EUR or USD may not be a top-tier option for beginners.
  • You prefer more flexibility in choosing account currencies. This could be a limitation as trading accounts with this broker can be opened only in two currencies (euros or US dollars).
  • Regulatory oversight from established authorities like the FCA or SEC is crucial for you. CMTrading might not be suitable as it may lack such top-tier regulation.

Geographic Distribution of CMTrading Traders

Popularity in

21.53%
KE
Kenya
20.03%
ZA
South Africa
0.9%
TR
Turkey
12.32%
NG
Nigeria
3.57%
DE
Germany
3.3%
GB
United Kingdom
2.1%
ES
Spain
2%
ZW
Zimbabwe
0.65%
BW
Botswana
17.85%
Others
Others

Video Review of CMTrading i

CM Trading Latest Comments for 2024 i

44 comments
Total score:
3.3 /10
  • Best
  • Last
  • Oldest
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maysandy

CMTrading draws quotes. I have already noticed several times that suddenly, out of the blue, spikes that destroy my stops appear. I wrote to technical support several times, but the answer was the same - everything is in accordance with the regulations. And CMTrading doesn’t even take responsibility for the fact that no one else has such quotes.

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bogdasha

Cmtrading is a scam. When I first started my trading journey, I encountered fake traders who offered me their advice. Initially, they showed income that seemed inexplicably high. I think that this happened due to manipulations with the balance, thereby constantly pushing me to deposit large amounts. Then they gave advice that led to the loss of all capital. Don't deal with Cmtrading.

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bros

I am very disappointed with CMTrading. I am trying to get my money back that is stuck with this broker and so far there is no success. CMTrading treats clients as providers of money. At first, my complaint regarding the cancellation of profits on 5 orders was rejected. Now CMTrading does not want to withdraw my deposit and requires me to pass verification, although I passed it three times.

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saqibaliali

CMTrading looks like a good broker. But this is only when you trade on a demo account. As soon as you switch to a live one, the conditions immediately change significantly. Limit orders do not work during strong market movements. I set a limit order to sell the EUR/USD pair. The price touched my order twice, but it never opened. I think that I need to change CMTrading to another broker.

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archdevil

The company CMTrading has started using the cancellation of trades at non-market quotes against successful traders. Importantly, real non-market quotes that cause losses to traders are not canceled. However, regular quotes present in the market, which are recognized as non-market by CMTrading, result in the cancellation of profitable trades. In general, these are very strange manipulations.

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Danushka

I am disappointed with CMTrading and I am no longer going to do business with this company. They simply use manipulation to ensure that traders who cannot trade profitably lose all their money. CMTrading’s platform works with serious problems and no one is going to fix these problems. And CMTrading’s support does not respond in any way to traders’ complaints. I do not recommend this broker.

Responses to a comment
withheart to Danushka

Many situations arise where manipulations occur in the CMTrading terminal. I don't think it's normal when the terminal can be non-functional for three days during the trading week.

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biydirukne

Issues with trading at CMTrading arise when you attempt to withdraw your profits. Withdrawal requests are immediately canceled, and then they start demanding new verification, scrutinizing your trades. Even if you pass all this, they might delay withdrawals. But beyond this, CMTrading won't let you earn more.

Expert Review of CMTrading

The CM Trading broker is under the supervision of two regulatory bodies, FSCA and FCA, which ensure its reliability for users. Client funds are also protected and held in segregated accounts. Thus, only the trader has access to his money, and he can only use it for trading. The management of the brokerage company has no right to dispose of this capital. Traders have no protection from compensation funds.

In CMTrading, four types of accounts are available to a trader. Trading conditions on each type of account change from the required minimum to the maximum configuration, which includes a personal assistant, additional analysis tools, etc. Each of the accounts can be transferred to ECN status, for this it is enough to contact a personal consultant or write to the broker by mail.

For users who profess Islam, there are Islamic accounts created under Sharia law.

The main page of the site contains all the information a trader needs to know about trading, including trading assets and platforms, instruments for market analysis, copy service, an affiliate program, a description of trading accounts, and answers to frequently asked questions (FAQs). There is no information on non-trading commissions on the site.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of CMTrading’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Although the broker is aimed at working with active traders, the company also provides an opportunity to receive passive income.

CopyKat service

With its help, CMTrading clients can copy trades of successful traders. It is enough to link the copy service to your account, choose a managing trader to copy, and make a profit. Also, the service of copying transactions allows not only copying transactions of other traders but also learning from the decisions of professional traders.

  • The service allows you to receive passive income without direct effort.

  • The user can choose a trader whose trades will be copied, based on his trading style and working strategies.

  • You can revise the copy settings if necessary.

  • The service is free of charge. The trader only pays the spread, as in normal trading.

  • The service can be used by both beginners and professionals. Beginners can watch the deals of successful traders and learn from them.

  • Professionals can competently set up CopyKat and receive passive income.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

CM Trading’s affiliate program

Also, the brokerage company offers another way to get income, but not by trading. This way is by participating in an affiliate program. CMTrading has developed several ways to participate:

  • For teachers and colleagues in the field. The program is open to traders who have experience in training traders, as well as EA developers, business referrers, and signal providers.

  • For professionals in fund management. Traders with extensive experience in the stock markets, financial managers, or investment consultants can become partners. The partner should have its own customer network.

Each member of the referral program receives an individual referral link. The referrer's task is to attract new clients to the company who will actively trade. Depending on the type of affiliate program, the trader receives a reward for attracted clients, as well as other pleasant bonuses. There is a tab in the referrer's personal account, with which you can monitor the activity of invited traders.

Trading Conditions for CMTrading Users

For Forex trading, the broker allows clients to choose a convenient type of trading account and trading platform, including the standard MetaTrader 4 with pre-installed advisors. For novice traders or investors, there is a service for copying transactions called CopyKat. Among the available assets are cryptocurrencies, indices, and Forex instruments. The maximum leverage is 1:200, the minimum deposit is 250 EUR or USD. The margin-call level depends on the type of account.

$250

Minimum
deposit

1:200

Leverage

24/7

Support

💻 Trading platform: MetaTrader 4, Sirix, mobile applications for Android and iOS, Web version for trading from a browser
📊 Accounts: Bronze Account, Silver Account, Gold Account, Premium Account, ECN Accounts, Islamic Account
💰 Account currency: USD, EUR
💵 Replenishment / Withdrawal: Credit or Debit Card, Wire Transfer, Neteller, M-pesa, Online Naira
🚀 Minimum deposit: 250 USD, EUR
⚖️ Leverage: 1:200
💼 PAMM-accounts: No
📈️ Min Order: 0.1 lot
💱 Spread: From 0.9 pips
🔧 Instruments: Currency pairs, indices, cryptocurrencies, commodities, CFDs
💹 Margin Call / Stop Out: From 20%
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market execution (for ECN accounts)
⭐ Trading features: There is a service for copying transactions; and trading CFDs
🎁 Contests and bonuses: No

Comparison of CMTrading with other Brokers

CMTrading RoboForex Exness FxPro Tickmill FXGT.com
Trading
platform
MT4 SIRIX MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge MT4, MT5, Tickmill Mobile App MetaTrader4, MetaTrader5
Min deposit $250 $10 $10 $100 $100 $5
Leverage From 1:200
to 1:400
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:500
From 1:1
to 1:1000
Trust management No No No No Yes No
Accrual of % on the balance No No No No No No
Spread From 1 point From 0 points From 1 point From 0 points From 0 points From 0.5 points
Level of margin call
/ stop out
100%  /  20% 60%  /  40% No  /  60% 25%  /  20% 100%  /  30% 50%  /  20%
Execution of orders STP Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Market Execution
No deposit bonus $1 No No No $30 No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

CMTrading RoboForex Exness FxPro Tickmill FXGT.com
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No No
Options No No No No No No

CMTrading Commissions & Fees

Information
CM Trading was analyzed by specialists at the Traders Union. They were looking for the presence of trading fees, non-trading fees, and hidden commissions. There is no information about commissions for replenishing an account, withdrawing funds, of maintaining an account on the broker's website. The spread size depends on the trading account and instrument used.
Account type Spread (minimum value) Withdrawal commission
Bronze Account $10 Not indicated
Silver Account $12 Not indicated
Gold Account $9 Not indicated
Premium Account $9 Not indicated

If a trader keeps a position open for more than 24 hours, the trader is charged a swap commission, which is a fee for moving the position to the next day. The swap amount depends on the trading asset. We also analyzed the commission indicators in CM Trading against the indicators of other brokers. As a result of the comparison, each broker received a level of trading fees: high, medium, and low.

Broker Average commission Level
CMTrading $10 High
RoboForex $1 Low
Pocket Option $8.5 Medium
Logo CMTrading
$10
$1
$8.5

Detailed Review of CM Trading

The CM Trading company is focused on cooperation with active traders, regardless of their level of professionalism. The broker's values are transparency, reliability, honesty, and innovation. The use of ground-breaking technologies allows them to offer traders not only a high degree of protection but also up-to-the-minute tools for market analysis and more accurate forecasts. In CMTrading, you can trade currency pairs, cryptocurrencies, indices, and CFDs. The broker offers the MetaTrader 4 and Sirix platforms for work. Both platforms are available for PCs and smartphones.

A few figures about the broker CMTrading that will be of interest to traders:

  • 1 million clients worldwide trade with CMTrading.

  • 250 EUR/USD represents the minimum deposit amount.

  • 0.9 pips are the minimum spread size.

  • For more than eight years, the broker has been providing financial services in the international market.

  • there are four main types of trading accounts for clients with different needs.

  • 1:200 is the unified leverage for all types of accounts.

CM Trading is the optimal broker for active trading

The broker offers traders several types of accounts, each of which has its own unique characteristics. Also in CMTrading, you can open an ECN account or an Islamic account, the trading conditions of which fully comply with the Sharia requirements.

All account types are available in the demo version, so the client can pre-test them without financial risks. Trading instruments are the same for all accounts, the size of the spread varies depending on the asset the trader uses and the type of account. The spread indicators on ECN accounts are significantly lower than on standard accounts.

CMTrading allows working from almost anywhere in the world as long as you have a smartphone and an internet connection. Trading platforms are presented both in a full-fledged version and in the form of applications. They are also available in the web version: all you need to do is open a browser and trade from it, without the need to install additional software.

Useful services of CM Trading:

  • Technical analysis. This instrument allows you to analyze the market situation using various indicators, including trend lines, support and resistance lines, Bollinger bands, moving averages, etc.

  • Daily market reviews. The broker's YouTube channel publishes daily videos with a daily news digest, in which analysts talk about global market events.

  • Fundamental analysis. With its help, traders can monitor the economic situation in the market and build a strategy based on economic indicators.

  • Economic calendar. Allows you to keep abreast of upcoming events by date, analyze the situation in different markets and make competent predictions.

  • Trading signals. The broker provides its client with free trading signals every day.

  • Social trading. The service makes it possible to observe the trade of other traders, analyze their decisions and learn from their example without the deep study of fundamental analysis.

  • Fibonacci calculator. This tool allows you to identify support and resistance levels on your own, as well as find the most profitable points for entering and exiting the market.

  • Guardian Angel or Smart Communication System. Free service for all traders who have a live account with CMTrading. This plugin gives feedback on the trader's trade and transmits signals about the market situation, market trends, and other useful information.

Advantages:

1

Registration on the site takes no more than a few minutes.

2

Vast selection of trading accounts, including ECN accounts and an Islamic account.

3

The broker allows the use of trading advisors.

4

The CopyKat service copies transactions of successful traders and allows users to receive passive income.

5

There are free demo accounts for testing trading conditions.

6

Traders have access to a range of technical and fundamental analysis tools.

7

The web version of trading platforms and applications for mobile phones allows trading from anywhere in the world, without being tied to a PC.

How to Start Making Profits — Guide for Traders

The first step to making money on trading and trading in CMTrading is opening a trading account.

Account types:

Account Type
Description
Bronze Account
The minimum deposit is 250 EUR/USD, there is access to news, books, and webinars. The size of the spreads is standard. Access to the video course is limited to the "introduction" stage only.
Silver Account
This account is the most popular among CMTrading traders. The minimum deposit is from 1,000 USD/EUR. This allows access to educational materials, news, the video course is (partial), spreads from 1.2 pips, one risk-free trade, and advice from a personal assistant.
Gold Account
To open an account, you need to deposit from 10,000 EUR/USD. For this amount, the trader gets access to all educational materials, including full access to the video course, as well as a review of news and articles. Spreads start from 0.9 pips, there is an opportunity to make three risk-free trades and cashback. A personal assistant is attached to the account.
Premium Account
Minimum deposit amount is from 100,000 EUR/USD. The user has access to all materials and instruments for market analysis, the help of a personal manager throughout, as well as access to the trading room and special offers.
ECN accounts
At CMTrading, they are presented with the following options: Bronze, Silver, Gold, Platinum. On these accounts, the size of spreads can fall to 0.1 pips, and the execution of transactions is many times faster. ECN accounts are used to trade currency pairs.

Users who profess Islam can open Islamic accounts with special conditions for fees and swaps. To open an Islamic or ECN account, contact your personal manager.

You can also check the trading conditions in CM Trading on demo (training) accounts, the conditions on which fully correspond to the conditions on real trading accounts.

Bonuses Paid by the Broker

Trading on the CMTrading platform does not imply the accrual of bonuses for trading and non-trading operations. The broker also does not hold contests among traders.

Investment Education Online

Information

Successful trading is possible only if the trader constantly develops and monitors the markets. Therefore, in addition to optimal trading conditions, the broker CMTrading offers traders training materials.

What information is presented in the Training" section
What information is not available on the CMTrading website
E-books
Proprietary instructional course for traders
Instructional videos
Podcasts with useful information
Webinars
 
Articles about trading — the psychology of trading, tips for building a smart workflow, etc.
 
Blog with an overview of the hitherto news from the world of trading
 

To test the knowledge gained or a new trading strategy, you can use a demo account. It eliminates financial risks and is used by traders to gain experience. Profit is accrued exclusively for work on real trading accounts.

Security (Protection for Investors)

Information

The CMTrading broker is regulated by two bodies: the Seychelles Financial Services Authority FSA (license: SD070) and the South African Financial Sector Conduct Authority (FSCA).

The broker uses segregated accounts at Barclays Bank PLC and Nedbank to store clients’ funds. Thus, the broker does not have access to traders' money, and the funds can only be used for trading. Data protection is guaranteed by an SSL certificate of encryption and the use of firewalls at the hardware and software levels.

👍 Advantages

  • Clients’ funds are reliably protected and are used exclusively for trading on the CMTrading platform
  • CMTrading is regulated by two bodies: FSA and FSCA
  • Data centers are SSL certified to ensure the safe operation of traders and the protection of their confidential information

👎 Disadvantages

  • This broker doesn’t cooperate with compensation funds

Withdrawal Options and Fees

  • Account replenishment and withdrawal request are made in your personal account. To do this, a trader needs to go to the Deposit or Withdrawal section, select an account and the desired payment system, and indicate the amount when withdrawing funds. The withdrawal request will then be sent to the broker's finance department.

  • To deposit or withdraw funds, the broker offers the following methods: credit or debit card, bank transfer, Neteller, M-Pesa, and Online Naira.

  • The finance department processes the withdrawal request within 24 hours. There is no information on the speed at which funds are credited to the client's personal account or a trading account on the broker's website.

  • You can deposit or withdraw the earned money in two currencies only: EUR and USD.

  • Transactions are only possible after the trader verifies his account. To do this, the broker requests a list of documents confirming the user's identity.

Customer Support Service

Information

If a trader has problems during trading, transactions, or registration, CMTrading offers assistance, but you just need to contact the support staff and describe your problem.

👍 Advantages

  • The support service works 24/7
  • The broker offers several ways to communicate with traders
  • The support service is multilingual

👎 Disadvantages

  • The response rate from support specialists could be faster
  • No callback function

To contact CMTrading’s support team, use one of the following methods:

  • an email to the apropos department;

  • call to international the phone numbers that are indicated on the website;

  • send a fax message;

  • send a message to the chat on the broker's website.

You don't need to have an open account with the company to get help. The broker is also represented on social networks and messengers, including Facebook, Twitter, Instagram, LinkedIn, YouTube, and WhatsApp.

Contacts

Foundation date
Registration address South Africa, Johannesburg 2196, Sandton, Corner Rivonia Road, and 5th Street.
Regulation
Official site
Contacts

Review of the Personal Cabinet of CM Trading

Opening a trading account with CMTrading does not take much time and takes place in three simple steps:

1

Open the broker's official website. There are two buttons in the upper right corner: "LOGIN" and "REGISTER".

CM Trading review - Open Account
CM Trading review - Open Account
CM Trading review - Open Account
2

Fill out the form with personal data. Enter your first name, last name, date of birth, email, password, and country of residence. Also select the type of account, either for personal use or corporate use.

CM Trading review - Sign up to start trading
CM Trading review - Sign up to start trading
3

After filling out a short questionnaire, you will be taken to your personal account, where you can already expand your personal information and go through the mandatory procedures. Then you will have to replenish your deposit and verify your account before starting to trade.

CM Trading review - Personal account functionality
CM Trading review - Personal account functionality
4

The following functions are available to the trader in the personal account:

1. Trading accounts. Here the trader manages his real and demo accounts and creates new accounts if necessary.

CM Trading review - Trading accounts
CM Trading review - Trading accounts

2. Deposit. A tab where you can conveniently fund your trading account.

CM Trading review - Deposit
CM Trading review - Deposit

3. Withdrawal. The tab where you can apply for a withdrawal of funds. It is enough to go through verification, select the account from which you want to withdraw funds, and provide personal data for the transaction.

4. Account statements. Here you can view the account statistics such as buy and sell orders and open and close orders.

CM Trading review - Account statements
CM Trading review - Account statements

5. Account verification. The tab where you need to upload documents confirming the identity of the user. After uploading, the documents will be sent for review by the company. CM Trading review - Account verification

CM Trading review - Account verification

6. Personal details. The tab for editing personal data. So the trader can indicate a new phone number for communication or email address, surname, etc.

7. Change password. The tab for changing the password.

1. Trading accounts. Here the trader manages his real and demo accounts and creates new accounts if necessary.

CM Trading review - Trading accounts
CM Trading review - Trading accounts

2. Deposit. A tab where you can conveniently fund your trading account.

CM Trading review - Deposit
CM Trading review - Deposit

3. Withdrawal. The tab where you can apply for a withdrawal of funds. It is enough to go through verification, select the account from which you want to withdraw funds, and provide personal data for the transaction.

4. Account statements. Here you can view the account statistics such as buy and sell orders and open and close orders. CM Trading review - Account statements

CM Trading review - Account statements

5. Account verification. The tab where you need to upload documents confirming the identity of the user. After uploading, the documents will be sent for review by the company. CM Trading review - Account verification

CM Trading review - Account verification

6. Personal details. The tab for editing personal data. So the trader can indicate a new phone number for communication or email address, surname, etc.

7. Change password. The tab for changing the password.

Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

User Reviews of CMTrading i

Register on the website and sign in to submit a review about your experience of working with a broker. Everyone is welcome to post a review.

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info

Broker CMTrading looks like a dubious company. Registered in South Africa, they also have a regulatory license. But the African regulator's license has nothing to do with Europe. Therefore, this CMTrading company is difficult to trust.

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QTrader

I cannot call trading in CMTrading good. Constantly delay the conclusion. Terminal performance wants to be better. In general, I do not recommend it.

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stevewide

I opened an account with CMTrading a year ago, but did not transfer money there. I found another company where I trade now. But the managers from CMTrading keep calling me. They ask why I am not trading yet, why I have not transferred money. I don't like such intrusive calls at all.

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PitsuriO

If you have the desire and the opportunity to go to South Africa to defend your rights, then you will be happy to trade with CM Trading. It is a wholly South African company regulated in that country. But what about those who live in Europe? I asked in CM Trading support. They answered - come to us, we will understand.

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TrentSeams

Enormous delays and freezes at CM Trading is something that I am ready to repeat several times. Opening and closing orders is accompanied by a delay, the trading platform itself freezes, and withdrawals also occur with a delay and with reduced profits. I just can't find the words to describe it. It seems that this is the slowest broker in the world. I do not recommend CM Trading to anyone.

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amandaxw60

I opened an account with CMTrading with the hope of trading with a proper broker. But my expectations were broken during the first month of working there. Trades do not work either for opening or closing. I filed a claim almost a month ago, but no one even bothered to answer. Do not open an account with CMTrading.

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Danushka

I am disappointed with CMTrading and I am no longer going to do business with this company. They simply use manipulation to ensure that traders who cannot trade profitably lose all their money. CMTrading’s platform works with serious problems and no one is going to fix these problems. And CMTrading’s support does not respond in any way to traders’ complaints. I do not recommend this broker.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
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FAQs

Do reviews by traders influence the CMTrading rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CMTrading you need to go to the broker's profile.

How to leave a review about CMTrading on the Traders Union website?

To leave a review about CMTrading, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about CMTrading on a non-Traders Union client?

Anyone can leave feedback about CMTrading on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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