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CMTrading -

Score

2.17 /10
Danger

CMTrading

Cyprus

5-10 years

Regulated in Seychelles

Retail Forex License

MT4 Full License

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.cmtrading.com

Influence

B

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Comparison

Quantity 8

Exposure

Time Machine
Website

Score

Regulatory Index3.92

Business Index7.37

Risk Management Index0.00

Software Index8.08

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

CMT Processing Limited

Company Abbreviation

CMTrading

Platform registered country and region

Cyprus

Company website

X

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WhatsApp

  • 27664750016

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2025-07-02
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

CMTrading

Seychelles

WikiFX Verification

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Scam.

A client has reported that he has been scammed by an employee of this broker.

2021-07-28 16:18
Unable to Withdraw

Cmtrading cant withdraw money

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

2023-05-24 23:30
Resolved

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

2023-05-24 20:51
Unable to Withdraw

Unable to withdraw

I deposited money to numerous account, what is shocking me is that they telling me that they can't transfer my profit because I got insufficient balance in my account, to my surprise, how they know that? I gave them my account to deposit money into it also they wanted my email address which I gave them, now they telling me to deposit into my account another R500 so that my profit could reflect, how is that possible? I already deposited R2000 into 3 separate account. Kindly explain and help me in this regard

2022-08-25 00:12
Others

12% + processing fee for withdrawal

I was charged $77 for withdrawing $552, like what on earth is that? that's pretty crazy.

2023-01-12 17:17
Scam

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.

2023-06-08 21:12
Resolved

I can’t Withdraw money !!!

This is my first time investing in this company. I traded and made a profit for the first time I withdraw 600 usd. Sent 3 days later. I then continued trading and made some more profits. I wanted to withdraw 2000 usd more. The money hasn't come for exactly 1 week, and my total of 4470 usd money is kept in my account at the company. Do not invest money in this company until you are sure. I will also initiate the necessary complaints to the relevant languages. my meta trade number is 140905106

2023-01-30 15:55
Unable to Withdraw

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.

2023-10-20 00:47
    Data Source WikiFX Data provide
    Updated: 2025-07-02
    CMTrading · Company summary
    CM TradingReview Summary
    Founded2002
    Registered Country/RegionSouth Africa
    RegulationFSA (offshore) and FSCA (suspicious clone)
    Market InstrumentsForex, currencies, CFDs, commodities, indices, stocks, and cryptocurrencies
    Demo Account/
    Leverage/
    SpreadLow as 1.9 pips
    Trading PlatformMT4, Webtrader, CMTrading
    Minimum Deposit$20
    Customer SupportPhone: +44 161 388 3321
    Email: support@cmtrading.com
    Adress: 14th Floor Sandton City Office Towers, 158 5th St, Sandton, 2196, South Africa

    CM Trading Information

    CM Trading was established in 2002 and is offshore regulated by the Seychelles Financial Services Authority (FSA) and holds a suspicious clone license issued by the Financial Sector Conduct Authority (FSCA) of South Africa. It offers a variety of trading instruments including forex, CFDs, and cryptocurrencies. The platform supports multiple deposit and withdrawal methods, with a minimum deposit of $20, and provides five account types along with interest-free Islamic accounts. However, it does not offer the MT5 platform and lacks a demo account.

    CM Trading Information

    Pros and Cons

    ProsCons
    No commission feesOffshore regulation risks
    No deposit feesSuspicious clone license
    Long operational historyDemo account not available
    MT4 availableNo MT5 offered
    Various trading instrumentsLack of transparency
    Offers five account types
    Various payment options

    Is CM Trading Legit ?

    CM Trading is offshore regulated by the Seychelles Financial Services Authority (FSA) and is also registered with the Financial Sector Conduct Authority (FSCA) of South Africa, holding a Financial Services Provider license.

    Regulated byRegulatory StatusLicensed InstitutionLicensed TypeLicensed Number
    Seychelles Financial Services Authority (FSA)Offshore regulatedGCMT LimitedRetail Forex LicenseSD070
    Financial Sector Conduct Authority (FSCA)Suspicious cloneBLACKSTONE MARKETING SA (PTY) LTDFinancial Service Corporate38782
    license
    license

    What Can I Trade on CM Trading?

    CM Trading offers seven types of trading instruments, including forex, currencies, CFDs, commodities, indices, stocks, and cryptocurrencies.

    Tradable InstrumentsSupported
    CFDs✔
    Commodities✔
    Forex✔
    Indices✔
    Cryptocurrencies✔
    Stocks✔
    Bonds❌
    Options❌
    ETFs❌
    assets

    Account Type

    CM Trading offers five account types: Basic Account, Trader Account, Gold Account, Premium Account, and VIP Club. In addition, CM Trading also offers interest-free Islamic accounts.

    Account TypeMinimum DepositBonusCommissionSpreads
    Basic Account$299+$1000Regular
    Trader Account$2,000+$5000Plus
    Gold Account$20,000+$8,0000Low as 1.9 pips
    Premium Account$85,000+$40,0000Low as 1.9 pips
    VIP Club$250,000+$150,0000Low as 1.9 pips
    Account Type

    Trading Platform

    CM Trading offers three trading platforms: MetaTrader 4 (MT4), CMTrading Webtrader, and CMTrading Trading Platforms.

    Trading PlatformSupportedAvailable DevicesSuitable for
    MetaTrader 4 (MT4)✔Windows, Mac, Android, iOSBeginners
    CMTrading Webtrader✔Windows, Mac, iOS, Web Browsers/
    CMTrading Trading Platforms✔Windows, Mac, iOS, Web Browsers/
    MT5❌/Experienced traders
    Trading Platform
    Trading Platform
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    CM Trading supports multiple deposit methods including credit/debit cards, bank transfers (Standard ZAR and NedBank ZAR), cryptocurrency payments, and various e-wallets such as Skrill, EFTPay, Neteller, Perfect Money, and Google Pay. All deposits have a minimum amount of $20 and are mostly processed instantly, except bank transfers which take 1–3 business days.

    Withdrawals of the original deposited funds must be made via the same method used for deposit, with amounts limited to the original deposit. Profits can be withdrawn via bank wire transfer, e-wallets, or cryptocurrency, but not through credit or debit cards.

    Deposit MethodMinimum DepositFeesProcessing Time
    Cryptocurrencies$20❌Instant
    Skrill$20❌Instant
    EFTPay$20❌Instant
    Neteller$20❌Instant
    Perfect Money$20❌Instant
    Google Pay$20❌Instant
    Standard ZAR$20❌1 to 3 business days
    NedBank ZAR$20❌1 to 3 business days
    Deposit and Withdrawal
    Deposit and Withdrawal
    Deposit and Withdrawal
    Deposit and Withdrawal

    News

    NewsWikiFX Broker Assessment Series| CM Trading: Scam or Safe?

    CM Trading is a South Africa based broker that provides wide variety of market instruments such as forex, CFDs, commodities, indices, stocks, and cryptocurrencies. In today's article, you will read a complete review of CM trading and learn everything about it. Let's go .

    WikiFX
    2023-11-14 19:13
    WikiFX Broker Assessment Series| CM Trading: Scam or Safe?

    ExposureThe experienced trader tried CM Trading and ended up having a nightmare.

    This article sheds light on the alarming experiences of a trader who encountered CM Trading.

    WikiFX
    2023-10-31 16:59
    The experienced trader tried CM Trading and ended up having a nightmare.

    NewsWIKIFX REPORT: How online trading can beat fuel price hikes and inflation – CMTrading

    Online trading is booming. Despite market conditions during the first half of 2022, there’s never been a better time to get involved with the financial markets.

    WikiFX
    2022-08-18 15:06
    WIKIFX REPORT: How online trading can beat fuel price hikes and inflation – CMTrading

    NewsWIKIFX REPORT: CMTrading opens new Abuja office

    Lagos, 31 May 2022 – CMTrading Nigeria, recent winner of Nigeria's Best Financial Broker, is expanding its Nigerian footprint and opening a new office in the Nigerian capital, Abuja.

    WikiFX
    2022-08-18 15:02
    WIKIFX REPORT: CMTrading opens new Abuja office
    About More

    User Reviews

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    User comment

    14

    Comments

    Write a review

    Germer
    more than one year
    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.
    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.
    Translate to English
    2024-07-23 17:22
    Reply
    0
    0
    Cornelius Sinclaira
    more than one year
    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.
    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.
    Translate to English
    2023-12-06 10:19
    Reply
    0
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    8