General Features, Location and Regulation
CM Trading is located in Johannesburg, South Africa, and welcomes traders worldwide. Unfortunately, however, at this stage, US traders are not accepted (all thanks to US regulators who do not approve of CFDs). The broker’s motto is the commitment to innovation and user-friendly trading environment with professional and quick trade execution with tight spreads and competitive trading conditions.
CM Trading is a regulated broker and operates under FAIS License. Trading with regulated broker keeps your account funds save in segregated accounts and keeps the company on its toes to provide high-quality services.
One thing definitely worth mentioning in this CMTrading review is the special features the broker offers. There are:
CopyKat - with which you can mirror and social trade.
Guardian Angel – sends you warnings when important changes take place in the market conditions.
Flexi Analysis – brings you signals and market analysis in nearly 100 languages! That is very impressive and unique. Most of us can speak, read and understand English without a problem, however for most traders there is nothing like reading technical and fundamental analysis in their own language.
The broker offers all the traditional trading we are all used to together with CFDs for commodities, stocks and indices.
Available maximum leverage maxes up to 200:1 and even higher to 400:1 on mini accounts. For CFDs the upper leverage option is 50:1.
You have a choice of several account types:
Demo – free account for practice for every new customer
Mini – with minimum deposit requirement of $200
Standard – with minimum deposit of $1,000
Executive – for traders with some cash – with minimum deposit of $5,000
Gold – for the loaded of us all – with minimum deposit of $25,000.
A nice gesture from CMTrading broker is the MasterCard prepaid card which can be used in any ATM, store purchases and online shopping using the account funds. The card is sent to traders whose account balance is over $500.
Minimum deposit requirement is $200. The payment methods accepted include credit/debit cards, Wire transfer, CashU an Skrill.
Withdrawals are processed swiftly, especially if you got the hold of the CMTrading pre-paid card, which has been mentioned above.
CMTrading, just like most of the forex brokers today, brings you the highly advanced and popular MetaTrader 4 platform. The download version of the platform is well-synced with Sirix, which allows web trading and mobile trading for traders on the go.
Support is there for you 24 hours a day during the trading hours. Bilingual assistance can be reached via live chat, email and phone call.
Newbies might be interested in the educational section provided by the broker, which includes videos, market analysis and webinars. Definitely worth checking out if you have just stepped into the market.
Promotions and Bonuses
The promotions are listed and updated on the official site of the broker. At the moment there is 15% Matching bonus for first depositors.
Submit your review for CM Trading Forex Broker
Have you traded with CM Trading ? Share your experience by writing a review