CM Trading Review (2022) | Pros and Cons | We Compare Brokers
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CM Trading Broker Review

Review By: Alan Little
Review Updated: 2021-02-22
cmtrading broker platform review
4.5
Rating

Bottom Line Summary

CM Trading Review

Overall Ratings
4.5
CM Trading Fees
5
Trading Platforms
5
Market Research
4
Customer Service
4

CM Trading broker features

Feature CM Trading
Minimum deposit: $250 USD
Withdrawal fee amount:
Inactivity fee charged (Y/N):
Max leverage:
Spread from:
Number of instruments:
Year founded:
Time to open account:
Demo account provided (Y/N):
Countries of regulation:
Products offered:

CM Trading pros and cons

Pros
  • Very few fees
  • There is also no commission charged on CFD shares beyond the spread fees
  • Offer free signal service
 
Cons
  • CM Trading is not regulated in Europe
  • Complains about customer service reply time
  • Doubtful accuracy of the signal service
  • Some complaints about deposits arriving swiftly
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Review Sections:

Who are FXTM?

Full CM Trading Review coming soon. 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.  

CM Trading Fees

5
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.

Trading Platforms

5
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.

Market Research

4
Rating
CM Trading Education

Customer Service

4
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.
Address: 14th Floor, Sandton City Office Tower 9, Corner Rivonia Road and 5th Street, Sandton, Johannesburg 2196, South Africa

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