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CM Trading Forex Broker provides real users with 2 positive reviews, 5 neutral reviews and 8 exposure review!

CM Trading Broker Review

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CM Trading Review 15

Latest All(15) Positive(2) Neutral(5) Exposure(8)
Positive

CM Trading, man, they've got a solid selection of market instruments that really cover all the bases. And their customer support? Oh, it's top-notch, always quick to respond and helpful.

Germer
2024-07-23
Neutral
CM Trading: FSCA Clone Concerns, Unclear Spreads, Withdrawal Woes

CM Trading got me on the fence. The suspicion around the South Africa FSCA regulation being a clone raises serious doubts about their legitimacy. Offshore regulations come with their own set of risks, and the lack of specific spread details is a letdown. I've heard withdrawal processing times can be a bit unpredictable. It's a mixed bag.

Cornelius Sinclaira
2023-12-06
Neutral
CM Trading: Diverse Options, Inclusive Accounts, and Profit-Boosting Leverage

CM Trading has been my go-to broker for diverse trading options. The range of market instruments, including forex, CFDs, and cryptocurrencies, gives me plenty of opportunities to explore. The multiple account types suit different needs, and the Islamic accounts show they're inclusive. The high leverage of 400:1 is a game-changer for potential profits. I love the MetaTrader 4 platform for its user-friendly interface, and the educational resources, like training videos and webinars, have been super helpful.

Thaddeus Montgomery
2023-12-05
Exposure
UNABLE TO WITHDRAW MY MONEY(SCAM).

I traded with cmtrading and withdrew little moneys but when I deposited huge fund cmtrading refused to process my withdrawal accessing me that they mistaken send fund to my account which I didn't see because my address changes. norther have refused to pay me my money because of the false account they refused to give me my money. They also closes my trade unauthorized to blow my account I complained . I was trading with another broker before Caesar from Cmtrading persuaded me to use their broker. After reading bad and scam review i refused but he persisted which I later agreed now I'm a victim of the scam. they refused to give me my money. everything about cmtrading is terrible even their license is exceeded. they open and close trades in my account. cmtrading give me my money.

FX2108217575
2023-10-20
Exposure
Please but please help

I can not withdraw $4500 from my CMtrading account ID: 140976643. Can you please help? All documents are attached. The institution where I live in January is cheating on me with different excuses. I want to withdraw my deposit.

emine
2023-06-08
Exposure
Cmtrading cant withdraw money

140976643 Emine cunedioglu cm trading I can't withdraw money from my account please help.

emine
2023-05-24
Exposure
Cm Trading doesn't withdraw money

140976667 Ahmet cuneydioğlu Cm Trading cant withdraw money from my account. The broker called cmtrading.com doesn't withdraw the profits I earn by staying in front of the screen day and night with great effort. Im under a lot of stress bcz they didn't deposit mu money and I cant even sleep at night. Please get back to this mistakes you made

ahmetcnd
2023-05-24
Positive

Since I registered on CM Trading three months ago, I have had a great trading experience owing to the tools and education they offer. None of my queries has gone without being answered. The customer support team is pretty swift.

FX1258668766
2023-02-23

  

CM Trading 2025 Review: Everything You Need to Know

  

Summary

  CM Trading is a well-established broker that caters primarily to the African market, offering a range of trading services and educational resources. While it has received praise for its user-friendly platforms and competitive spreads, concerns about its regulatory status and the relatively high minimum deposit may deter some potential traders.

  Note: It's important to highlight that CM Trading operates under different regulatory entities depending on the region, which can impact the level of security and investor protection available.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7
Customer Service and Support 6.5
Trading Setup (Experience) 7
Trustworthiness 6
User Experience 7

  We assess brokers based on user feedback, expert opinions, and factual data regarding their services and offerings.

  

Broker Overview

  Founded in 2012, CM Trading is a South African broker regulated by the Financial Sector Conduct Authority (FSCA) and the Seychelles Financial Services Authority (FSA). It primarily offers the popular trading platform MetaTrader 4 (MT4) alongside its proprietary web-based platform, Sirix. Traders can access a diverse range of assets, including forex, commodities, indices, and cryptocurrencies, with a focus on active trading strategies.

  

Detailed Breakdown

  

Regulatory Landscape

  CM Trading operates under the oversight of the FSCA in South Africa and the FSA in Seychelles. While the FSCA is regarded as a credible regulator, the FSA is considered less stringent, which raises concerns about the level of protection offered to traders. According to various sources, the lack of multi-tier regulation may be a drawback for those seeking a higher level of security.

  

Deposit/Withdrawal Currency and Methods

  Traders can fund their CM Trading accounts in multiple currencies, including USD and EUR. The broker supports various deposit and withdrawal methods, such as credit/debit cards, bank transfers, and e-wallets like Neteller and M-Pesa. Notably, deposits are generally processed instantly, while withdrawals may take up to three business days, depending on the method used.

  

Minimum Deposit

  The minimum deposit required to open a trading account with CM Trading is $250, which may be considered high for beginner traders. Some reviews indicate that this requirement could limit access for novice traders who may prefer lower initial investment options.

  

Bonuses/Promotions

  CM Trading frequently offers promotional bonuses, including a welcome bonus of up to 100% on the first deposit. However, the specific terms and conditions surrounding these bonuses can vary and should be verified directly on their website.

  

Tradable Asset Classes

  CM Trading provides access to over 200 trading instruments, including 50 currency pairs, 16 commodities, and 17 global indices. Additionally, it offers cryptocurrency trading for 21 different digital assets. This variety allows traders to diversify their portfolios effectively.

  

Costs (Spreads, Fees, Commissions)

  The broker's spreads are competitive, starting from 0.9 pips on major currency pairs. While CM Trading does not charge commissions on most accounts, it does impose an inactivity fee of $15 after 90 days of dormancy. Furthermore, there are specific fees associated with deposits and withdrawals, particularly for bank wire transfers and cryptocurrency transactions.

  

Leverage

  CM Trading offers leverage up to 1:200, which is standard for the industry. However, traders should be cautious, as higher leverage can lead to increased risk.

  

Allowed Trading Platforms

  Traders can choose between several platforms, including MetaTrader 4, the web-based Sirix platform, and the CopyKat social trading feature, which allows users to replicate the trades of experienced traders.

  

Restricted Regions

  CM Trading does not accept clients from the United States, Hong Kong, Israel, and certain EU regions. This restriction is crucial for potential traders to consider before proceeding.

  

Available Customer Support Languages

  Customer support is available in multiple languages, including English, Arabic, and Russian. The broker offers various support channels, such as live chat, email, and phone support, although some reviews indicate that response times could be improved.

  

Ratings Breakdown

Category Detailed Explanation
Account Conditions The minimum deposit of $250 may be a barrier for beginners, though multiple account types (Bronze, Silver, Gold, Premium) cater to different trading levels.
Tools and Resources CM Trading offers a variety of educational materials, including webinars and e-books, but these resources are somewhat tiered based on account type.
Customer Service and Support Support is generally responsive, but some users report delays in email responses. Live chat is often quicker.
Trading Setup (Experience) The trading experience is enhanced by the availability of both MT4 and Sirix platforms, which offer various analytical tools.
Trustworthiness While regulated by the FSCA, the lack of tier-1 regulation may concern some traders. Segregated accounts provide an added layer of security.
User Experience The platforms are user-friendly, but the high minimum deposit and limited asset selection for some accounts may deter new traders.

  In conclusion, CM Trading presents a viable option for traders, particularly in the African market, but potential clients should carefully consider the regulatory environment and minimum deposit requirements. The broker's commitment to education and resources is commendable, making it suitable for both novice and experienced traders.