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Title

CM Trading Broker Review

Review By: Max Webster Review Updated: September 12, 2019

Address: 14th Floor, Sandton City Office Tower 9, Corner Rivonia Road and 5th Street, Sandton, Johannesburg 2196, South Africa

Forex Stocks CFD Crypto Social Trading

Spread

1

Max. Leverage

1:200

Deposit Protection

None

Min. Deposit

$250

Spread

1.5 Points

Max. Leverage

1:200

Deposit Protection

None

Min. Deposit

$250

Spread

1.5 Points

Max. Leverage

1:100

Deposit Protection

None

Min. Deposit

$250

Spread

1.5 Points

Max. Leverage

1:100

Deposit Protection

None

Min. Deposit

$250

Spread

1.5 Points

Max. Leverage

Varies

Deposit Protection

None

Min. Deposit

$250

Our Overall Rating

Rating 4.4
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CM Trading has been in business since 2012, and it is quickly becoming an established and respected name on the scene. It is worth mentioning that CM Trading is not regulated in Europe, which is relatively unusual. It is based in the Seychelles, where its office is located, and it is regulated primarily in South Africa by the FSB (or Financial Services Board). However, it does follow some of the main compliance pathways that more well-known brokers do, such as keeping all of the deposits made by customers in segregated bank accounts.

 

Commissions & Fees

Rating

CM Trading comes into its own when it comes to fees. There are no fees in place for a range of services, such as the maintenance of an inactive account or the withdrawal of your hard-earned profits. There is also no commission charged on CFD shares beyond the spread fees, either. While most brokers levy fees on at least some of these activities, CM Trading doesn’t – so you will be able to save at least some cash.

Platforms & Tools

Rating

CM Trading knows how to keep its customers happy, and one of the main ways in which they do this is through the provision of various trading platforms. Experienced traders will be pleased to know that the tablet version of SIRIX is available with this broker. This software package is an adapted iteration of the Meta Trader 4 platform, a firm favourite in the trading world. Alternatively, there is a web trader for those who don’t want to use SIRIX. And those who need to place and monitor trades on the go can do so by using the CMT mobile applications.

Customer Service

Rating

This is a broker that has invested heavily in the customer service side of its operations. The customer agents are on hand around the clock, and there are three ways to get in touch – unlike some brokers, which restrict their customer service options to just one or two methods. You can speak to them via the telephone, over live chat or by sending an email. Customer service staff can address your query in one of five different languages, too – so no matter where you’re calling from, you should be able to get in touch.

Regulatory details

Global Capital Markets Trading and BLACKSTONE Marketing SA(PTY)LTD (GCMT SA)

Credit cards are processed by CMT Processing Limited, Georgiou Griva Digeni, Pamelva Court, 3035, Limassol, Cyprus. Reg. No. HE340325.

Final Thoughts

CM Trading is in many ways, not a typical broker: they are not regulated in Europe, for example, and that may take some getting used to if you’re accustomed to the standard suite of regulators and so on. But it offers a suite of powerful tools designed to give you a top trading experience, such as Meta Trader 4.

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Ratings

Rating
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  • Platforms & Tools Rating
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