Minimum Deposit
USD 100
Regulators
FSA
📱 Trading Desk
MetaTrader 4
₿ Crypto
Yes
📈 Total Pairs
154
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
Our CM Trading Account Types Revealed.
- ✔️CM Trading Overview
- ✔️CM Trading Account Types
- ✔️CM Trading Account Features
- CM Trading Demo Account
- CM Trading Islamic Account
- CM Trading Pros and Cons
- CM TRADING AT A GLANCE
CM Trading Overview
CM Trading was established in 2012 and it is a well-regulated forex and CFD provider based in South Africa that conducts its marketing activities through Blackstone Marketing Proprietary Limited.
In addition, CM Trading has regulation and authorization through the FSCA in providing trading services and solutions in South Africa and abroad.
CM Trading offers traders a wide range of markets that are spread across forex, commodities, cryptocurrencies, indices, metals, and more. These can be traded through powerful trading platforms namely MetaTrader 4, Sirix, and CopyKat.
CM Trading offers a choice in trading accounts, and each caters to the needs of different traders. In addition, CM Trading also offers a range of educational materials and helpful trading tools that traders can use to refine and improve their trading across several markets.
CM Trading Account Types
CM Trading offers traders a choice between four different account types with unique, innovative, and comprehensive features and some of the best trading conditions in the industry. These accounts are as follows.
- Bronze Account
- Silver Account
- Gold Account
- Premium Account
In addition to this, CM Trading offers traders the option of registering a demo account across all four accounts in addition to offering the option for an Islamic Account on all account types, exempting Muslim traders from being subject to earning/paying interest.
CM Trading Account Features
Bronze Account
The bronze account is CM Trading’s entry-level account that offers the following features.
- A minimum deposit between $250 and $999
- Access to a demo account
- Access to different market reviews
- CM Trading eBook
- The ability to attend different webinars
- Access to regular spreads
- Access to an introduction to VOD
Silver Account
The Silver Account is the most popular option offered by CM Trading and it is suited to most traders who have some experience in financial markets and trading. The Silver Account features the following.
- A minimum deposit between $1,000 up to $9,999
- Access to a demo account
- Access to different market reviews
- CM Trading eBook
- The ability to attend different webinars
- Variable spreads from as low as 1.2 pips EUR/USD
- Access to advanced VOD
- Live trading signals that are provided through Trading Central
- Market analysis that is offered through Trading Central
- Access to 1 risk-free trade
- Access to a personal assistant free of charge
Gold Account
The Gold Account offers traders some of the best trading conditions and offers additional benefits in addition to the following features.
- A minimum deposit between $10,000 up to $99,999
- Access to a demo account
- Access to different market reviews
- CM Trading eBook
- The ability to attend different webinars
- Access to spreads from as low as 0.9 pips EUR/USD
- Access to a professional introduction to VOD
- Live trading signals that are provided through Trading Central
- Market analysis that is offered through Trading Central
- Access to 3 risk-free trades
- Access to a dedicated account manager
- Access to cash-back rebates
- The ability to register for an ECN Account
Premium Account
This is the perfect account that caters specifically to professional traders who want to get the most from their trading activities. This account has the best, most premium features and the following specifications.
- A minimum deposit of $100,000 and more
- Access to a demo account
- Access to different market reviews
- CM Trading eBook
- The ability to attend different webinars
- Access to spreads from as low as 0.9 pips EUR/USD
- Access to a professional introduction to VOD
- Live trading signals that are provided through Trading Central
- Market analysis that is offered through Trading Central
- Access to 3 risk-free trades
- Access to a dedicated account manager
- Access to cash-back rebates
- The ability to register for an ECN Account
- The ability to customize the account according to the needs and objectives of the trader
- Access to a Trading specialist for investment and trading advice
- Access to a dedicated trading room
- Some of the best news and analysis to help with efficient fundamental analysis
- Special offers
CM Trading Demo Account
The CM Trading Demo Account offers traders the option of testing out the live trading accounts that the broker offers along with their features. This is all done in mirrored live trading conditions without traders risking their funds.
Traders can place trades in a live environment using virtual funds and while most traders believe that the demo account is only intended for beginners, it is a useful tool that can be used by experienced and professional traders as well.
Traders can use the demo account to practice their trading strategies before they apply it in a live environment where they will inevitably risk their capital. By using the demo account, traders can tweak their trading strategies accurately and safely until they are happy with the outcome.
CM Trading Islamic Account
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
CM Trading offers Muslim traders the option of converting their live trading account into an Islamic account that is swap-free and subsequently does not carry any swap charges or rollover interest.
By using this account, Muslim traders are also granted access to Sharia-compliant and approved financial instruments. However, traders must note that shares and cryptocurrencies are currently not available for trading when using the Islamic Account.
Traders can convert their live trading account by registering for a live account of their choice and contacting CM Trading customer support once the account is verified. Once approved, traders can make the necessary minimum deposit to activate their Islamic Account.
The advantages of the Islamic account include.
- The ability to trade any financial instruments apart from cryptos or shares.
- Access to a completely interest-free account.
- Access to instant trade execution, instant contract settlement, and zero rollover interest on all trades.
CM Trading Pros and Cons
CM TRADING AT A GLANCE |
|
Broker's Name | CM Trading |
Headquartered | South Africa |
Year Founded | 2012 |
Regulating Authorities | FSCA |
Countries not accepted for trade | United States |
Islamic Account (Swap Free) | Yes |
Demo Account | Yes |
Institutional Accounts | No |
Managed Accounts | No |
Maximum Leverage | 1:200 |
Minimum Deposit | $250 |
Deposit Options |
|
Withdrawal Options |
|
Platform Types |
|
OS Compatibility | Android, iOS, Windows, Linux, macOS |
Tradable Assets |
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Languages supported on Website | English, Arabic, Russian |
Customer Support Languages | Multilingual |
Customer Service Hours | 24/5 |
You might also like: CM Trading Demo Account
You might also like: CM Trading Fees and Spreads
You might also like: CM Trading Islamic Account
You might also like: CM Trading Minimum Deposit
Minimum Deposit
USD 100
Regulators
FSA
📱 Trading Desk
MetaTrader 4
₿ Crypto
Yes
📈 Total Pairs
154
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
FAQ
TRADING ENVIRONMENT
How many instruments can I trade with CM Trading?
You can trade any of the following instruments.
- Forex
- CFDs
- Commodities
- Indices
- Cryptocurrencies
- Shares
Which platforms are supported by CM Trading?
CM Trading supports the use of the following.
- MetaTrader 4
- Sirix
- CopyKat
Does CM Trading offer leverage?
Yes, CM Trading offers leverage up to 1:200.
What spreads can I expect with CM Trading?
You can expect spreads from 0.9 pips on the Gold and Premium Account.
Does CM Trading charge commission?
No, CM Trading does not charge commissions. The broker’s fee is included in the spread.
Are there additional charges on the Islamic account?
No, there are no additional charges on the Islamic Account.
Is CM Trading regulated and by whom?
Yes, CM Trading is regulated by the FSCA.
Is CM Trading a recommended forex trading broker for experts and beginners?
Yes, CM Trading is a recommended forex trading broker for both beginner and expert traders.
What is the overall rating out of 10 for CM Trading?
8/10.
ACCOUNTS
What is the difference between a demo and a live trading account?
A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.
Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.
Does CM Trading offer a demo account?
Yes, CM Trading offers a demo account.
How long is the demo account valid?
The demo account is available for an unlimited period if it is actively being used.
Which live trading accounts does CM Trading offer?
CM Trading offers the following live trading accounts.
- Bronze Account
- Silver Account
- Gold Account
- Premium Account
Does CM Trading offer an Islamic Account?
Yes, CM Trading offers an Islamic Account on all account types offered.
What are the available deposit currencies for a live trading account?
CM Trading supports the use of EUR or USD.
DEPOSITS AND WITHDRAWALS
What is the minimum deposit required to open an account with CM Trading?
$250.
How do you make a deposit and withdraw money with CM Trading?
You can use any of the following.
- Bank wire transfer
- Debit & credit cards
- Neteller
- FasaPay
- M-Pesa
- Online Naira
Does CM Trading charge withdrawal fees?
Yes, CM Trading may charge fees on some withdrawal methods.
How long does it take to make a withdrawal?
This will depend on the withdrawal method that traders use. Some withdrawals may be instant whereas others can take a few days to process and clear.