On-line since: About the company: CM Trading provides services of trading currencies, CFDs on commodities, shares and indices. About the company. Security of funds. CM Trading is a trademark of Global Capital Markets Trading Ltd, headquartered in the Republic of Seychelles. The broker offers a full range of trading services to clients from all over the world including traders from South Africa, the region with falling economy. South Africa has been cooperating with the European trading partners for long time, so a lot of international banks were opened in this region. CM Trading gives access to major liquidity providers. South African countries require brokers to stick to strict regulation rules. CM Trading has a licence No 38782, issued by the Financial Stability Board. Clients’ funds are kept on segregated accounts at 1st level banks such as Barclays Bank PLC and Nedbank. Furthermore, the personal data and information about transactions are coded by the SSL certificates. As the US legislation restricts trading certain assets, the US residents cannot register an account with CM Trading. Trading conditions The minimum deposit is $250. Five account types are available. On Mini and Standard accounts, the average spreads on majors are from 2 to 3 pips, but there is a rebate of 1 pip on Executive and Gold accounts. The leverage for trading on Forex is 1:400 on the Mini account and 1:200 on other account types. For CFD trading the leverage is up to 1:50. Trading platforms CM Trading offers its clients the tried and true MetaTrader 4 platform for trading. This software uses little of the RAM and is user-friendly, so even newbies will find it easy to start trading. Users of MT4 can plot diagrams and analyze the dynamics of quotes. However, MT4 is not the only platform that is available for trading at CM Trading. The broker also provides the Sirix platform. Its graphical tools are easy to use and it has the full-view mode. New indicators can be added to the platform in just a few clicks. Besides, the platform features the live news feed. Besides, the broker provides some extra services such as the CopyKat system that can be used for automated trading. There is also the Intellectual communication system that signals about changes in the market. Furthermore, traders can take advantage of the Flexi Analysis system that analyzes trading signals and notifications. Finally, account holders who deposit at least $500 can get a free MasterCard for convenient and fast withdrawals. Customer support service The customer support service is active round-the-clock on working days. The company’s managers answer clients’ questions in a live chat, via email or by phone. CM Trading offers plenty of educational and analytical materials such as video tutorials, webinars, technical and fundamental analysis, expert advisors, and trading signals. Payment methods Clients of CM Trading can top up their account via bank cards, bank wire transfer, as well as CashU and Skrill processing systems. Withdrawal requests are processed within 24 hours. Additionally, this broker provides its clients with a prepaid MasterCard that can be used for payments all over the world. Pros:
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CM Trading isn’t appropriate for scalpers. My orders always slippage 10 to 20 pips and almost all prices differ from the live market. So, my scalping trading strategy fails and it isn't easy to deal with CM Trading.
I trade with CM Trading mainly currency pairs EUR/USD, USD/CAD, USD/JPY, USD/CHF, and GBP/USD. I earn monthly additional profit through forex trading. I like how simple and consistently good are their withdrawal system. They also keep on improving and adding more services as I've noticed in the past few months. My profit is on average $2,000 a month. I always withdraw using the Bank Card system and I never had problems. The broker is honest and has a transparent fee policy.
I have faced unprofessional service on the CM Trading platform. The main issue is their spread could go high and pricing quotes are different from the live market. It is so weird and I've realized that all of my positions are fake on their personal server. So I've withdrawn my investment from CM Trading.
CM Trading is a good professional broker. I have been trading with them for one year, and I would say that CM Trading has the best customer support service, which always helps me as a newbie trader. They have a good profitable trading account. Support service also helpful and always available. They are also guiding me to get my profit. I'm happy to trade with CM Trading. And they are also a recommendable broker.
I stopped trading with CM Trading. I am using their paid EA they charges 8 to 14 pips, and if it makes 30 pips, one third of the profits are taken as their commissions, if it makes below 10 pips, then nothing is left. Second thing they widened spreads 15 pips in few minutes. Choose wisely and avoid CM Trading.
The trading experience that CM Trading provides is just immaculate. I have been with this broker for more than a year already and I have never encountered and issue in my trading activities. Trades are made smoothly and the order execution is instant. Even the withdrawal of profits is just so efficient. I made a withdrawal last week and it was finished within just 48 hours.
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