CM Trading Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-02-08 15:07

Abstract：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 TradingReview Summary
Founded	2002
Registered Country/Region	South Africa
Regulation	FSA (offshore) and FSCA (suspicious clone)
Market Instruments	Forex, currencies, CFDs, commodities, indices, stocks, and cryptocurrencies
Demo Account	/
Leverage	/
Spread	Low as 1.9 pips
Trading Platform	MT4, Webtrader, CMTrading
Minimum Deposit	$20
Customer Support	Phone: +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.

Pros and Cons

Pros	Cons
No commission fees	Offshore regulation risks
No deposit fees	Suspicious clone license
Long operational history	Demo account not available
MT4 available	No MT5 offered
Various trading instruments	Lack 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 by	Regulatory Status	Licensed Institution	Licensed Type	Licensed Number
Seychelles Financial Services Authority (FSA)	Offshore regulated	GCMT Limited	Retail Forex License	SD070
Financial Sector Conduct Authority (FSCA)	Suspicious clone	BLACKSTONE MARKETING SA (PTY) LTD	Financial Service Corporate	38782

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 Instruments	Supported
CFDs	✔
Commodities	✔
Forex	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
Bonds	❌
Options	❌
ETFs	❌

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 Type	Minimum Deposit	Bonus	Commission	Spreads
Basic Account	$299+	$100	0	Regular
Trader Account	$2,000+	$500	0	Plus
Gold Account	$20,000+	$8,000	0	Low as 1.9 pips
Premium Account	$85,000+	$40,000	0	Low as 1.9 pips
VIP Club	$250,000+	$150,000	0	Low as 1.9 pips

Trading Platform

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

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4 (MT4)	✔	Windows, Mac, Android, iOS	Beginners
CMTrading Webtrader	✔	Windows, Mac, iOS, Web Browsers	/
CMTrading Trading Platforms	✔	Windows, Mac, iOS, Web Browsers	/
MT5	❌	/	Experienced traders

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 Method	Minimum Deposit	Fees	Processing 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