CMTRADING Review
■ Found: CMTrading was found in 2011
■ Headquarters: CMTrading is based in Johannesburg, South Africa
■ US Residents: CMTrading forbids US traders –NO
■ Swap-Free Accounts: YES
■ Regulated: CMTrading is regulated by the Financial Services Board (FSB-38782) South Africa
■ Client Bank Account Segregation: Top-tier banks, including Barclays Bank PLC and Nedbank -YES
■ Website Languages: English, Arabic, Chinese, Spanish, and Indonesian
■ Customer Support: 24/5 via Phone, LiveChat, and eMail
CMTRADING SUMMARY
■ Broker Type: NDD / DD Execution Model
■ Trading: Forex, Indices, Equities, Commodities
■ Platforms: MT4, Sirix WebTrader, CopyKat, Mobile/Tablet Traders
■ Trading Time Zone: GMT
■ Demo Account: YES
■ Spread on EUR/USD: 2.6 pip on Mini Account / 1.5 pip on Executive Accounts
■ Leverage: Trading Leverage 30:1
■ Scalping/Hedging: are allowed –YES-
■ Minimum Account: $250
► CMTrading Trading Promotions
CMTRADING TRADING ASSETS
CMTrading offers the following assets:
■ 21 Forex Pairs
AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/USD, GBP/CHF, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY
■ Indices
S&P 500, DJ 30 (DJIA), NASDAQ 100, CAC 40, DAX 30, FTSE 100, NIKKEI 225 (Japan), Hang Seng (Hong Kong), ASX 200 (Australia), EURO STOXX50, NSE NIFTY 50 (India), RUSSEL2000 (US small cap), JSE 40 (ZAR), and more Stock Market Indices
VIX-USD (Spread 0.1)
USDX -US Dollar Index (Spread 0.05)
■ Commodities (Metals, Energies, Soft Commodities)
CMTRADING TRADING SPREADS
These are the spreads and trading commissions charged by CMTradingon Mini / Standard Account Types
■ CMTRADING offer Typical EURUSD spread 2.6 pip
■ CMTRADING offer Typical USDJPY spread 2.6 pip
■ CMTRADING offer Typical GBPUSD 3.0 pip
(*) Note that Executive and Gold account types offer considerably tighter spreads
CMTRADING TRADING PLATFORMS & MOBILE
CMTrading provides MetaTrader4, WebTrader, and Mobile/Tablet Traders:
■ CMTRADING MT4
■ CMTRADING Sirix WebTrader
■ CMTRADING Mobile / Tablet Traders
The CMTrading CopyKat
CM Trading is offering its clients the possibility to copy the trades of professional traders through copy and social trading through the CopyKat platform.
-Follow traders at the click of a button
-Every time you trade, automatically the same trades are executed on your account
CMTRADING NEW ACCOUNT INFORMATION
CMTRADING Minimum Account: The minimum required deposit to open an account with CMTRADING is 250 USD, in order to claim the 20% welcome bonus you need $500
CMTRADING ACCOUNTS | MINI | STANDARD | EXECUTIVE |
Minimum Deposit | 250 USD | 1,000 USD | 5,000 USD |
Account Currencies | EURO / US DOLLAR | ||
Minimum Trade Size | 0.01 | 0.1 | |
Promotions | WELCOME BONUS |
WELCOME BONUS / RISK-FREE TRADES |
|
Trading Leverage (Forex) | 30:1 | ||
► CMTrading New Accounts |
CMTRADING Deposit / Withdrawal Methods:
■ Bank Wire | Credit Cards | CashU | Neteller | FasaPay
■ CM Trading offer also an Intercash International Debit Card for minimum deposits of $1,000 (it is even easier to withdraw funds)
CMTRADING Welcome Bonus Policy:
■ CMTRADING offer 20% Welcome Bonus and up to $1,000 USD
■ The minimum deposit required in order to qualify for the welcome bonus is 500 USD
■ You can claim also risk-free trades as concerns standard account types and above
► CMTrading 20% Bonus Promotion (minimum deposit $500)
CMTRADING CORPORATE INFORMATION
CMTRADING is the trading name of Global Capital Markets Trading Ltd. CM Trading is based in 82 Maude Street, Sandton, Johannesburg, South Africa and maintains also offices in the United Kingdom ■ CMTRADING SOUTH AFRICA PHONE NUMBER: +318 588 812 10 ■ CMTRADING UK PHONE NUMBER: +44 203 318 2176 ■ CMTRADING eMail: This email address is being protected from spambots. You need JavaScript enabled to view it. ■ REGULATION: Financial Services Board (FSB) South Africa as a juristic representative of FSP 38782 Blackstone Marketing SA (PTY) Ltd ■ SEGREGATION OF FUNDS: All funds deposited with CM Trading are kept in segregated bank accounts in Top-tier banks, including Barclays Bank PLC and Nedbank
CMTRADING REVIEW PROS AND CONS (According to competition)
CMTRADING REVIEW PROS & CONS |
|
CMTrading Review PROS (√) |
CMTrading Review CONS (X) |
√ Wide selection of trading platforms including MT4 and Sirix WebTrader √ CopyKat platform for Copy-Traders (automated trading and scalping are allowed) √ Trade many indices including the VIX and the USDX (US Dollar Index) √ Automated feedback on how to optimize positions (CM Guardian Angel system), with volatility indications and stop-loss order calculation √ Daily Market Analysis and Trading Signals √ Learning Section including webinars √ 20% welcome bonus √ Intercash international debit card for minimum deposits of $1,000 (easier to withdraw funds)
|
X The mother company (Global Capital Markets Trading LTD) is registered in Seychelles (Reg. No. 104785) X Expensive spreads on Mini/Standard account types |
CMTrading Review Conclusions:
Founded in 2011, CM Trading is a regulated Forex broker established in South Africa. They are licensed by the Financial Services Board (38782), under Blackstone Marketing SA (PTY) Ltd. Moreover, as concerns about the safety of funds, CM Trading provide segregated client accounts in Top-tier banks, including Barclays Bank PLC and Nedbank.
The trading spreads are wide for Mini and Standard account types, but the Executive and Gold account types offer considerably tighter spreads starting as low as 1.5 pip. The asset classes available include Forex (21 pairs), Indices, Soft Commodities, Energies, and Metals.
CM Trading clients can use a wide variety of trading platforms including MetaTrader 4, Sirix WebTrader, Mobile and Tablet Traders for iPhones and Android devices. The CopyKat platform offers copy trading and social trading, while the broker allows scalping, hedging, and automated trading. The trading leverage is up to 30:1 for all the other account types.
CM Trading offers a good variety of funding methods including Neteller, CashU, and other internet wallets. The withdrawals are simple and processed within 24-hours. CM Trading offers also a Debit Card (MasterCard prepaid) that can be used at ATMs worldwide. The minimum deposit requirement is $250.
Freebies include Education, Daily Technical and Fundamental Analysis, the innovative Guardian Angel System, and some risk-free trades. There is also a 20% welcome bonus (up to $1,000) but it requires depositing minimum $1,000. In overall, CM Trading is a good choice for all beginners and for copy-traders.
■ CMTRADING.com Review
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