CMTrading Broker Review 2025

CMTrading offers various account types, including Basic, Trader, Gold, Premium, and Islamic, to cater to different trader levels.

The broker has no commission on standard accounts and offers competitive spreads starting from 1.9 pips for the Gold and Premium accounts.

CMTrading Company Information & Regulation Status

CMTrading, founded by traders for traders, has built a solid reputation over the past decade. The company primarily provides a secure, transparent, and educational trading environment. With operations spanning across Africa, the Middle East, and other regions, CMTrading has indeed become a global entity. Key highlights of CMTrading include:

• Established in 2012, headquartered in Africa
• Multi-award winning broker, named "Best Financial Broker in Africa"
• Regulated by the Financial Services Authority (FSA) in Seychelles and the Financial Sector Conduct Authority (FSCA) in South Africa

CMTrading's dual regulation ensures traders' compliance and security. The FSCA oversight in South Africa provides additional protection, especially for African traders.

CMTrading Broker Summary of Specifics

To give you a quick overview of CMTrading's offerings, here's a concise table summarizing the critical specifics:

The low spreads and instant execution make CMTrading suitable for various trading styles, including scalping and day trading.

CMTrading Types of Accounts

As with many Forex Brokers, CMTrading offers a range of account types to cater to different trader profiles and investment capacities. Here's an overview of the available options:

Each account type has its benefits, allowing traders to choose the one that best suits their trading style and capital.

This broker also offers a demo account suitable for beginners to practice trading strategies without risking real money.

CMTrading Advantages and Disadvantages

To help you make an informed decision, let's examine the pros and cons of trading with CMTrading:

While CMTrading offers a solid trading experience with good regulatory oversight, the higher costs associated with some account types and transactions may deter some traders.

CMTrading Broker Signing Up & Verification Process

Creating a new account with the CMTrading broker is a straightforward and easy process. CMTrading registration:

#1 Create Your Account

Visit the official CMTrading website and click “Open an Account.” Enter your full name, email, mobile number, and a strong password (use letters and numbers). Accept the terms and confirm you're 18+ to continue.

#2 Complete Personal Details

Fill in your date of birth, full residential address, including city, region, street name, and postal code. Submit to complete your profile.

#3 Verify Your Account

To verify your newly created trading account, you must provide a picture of your proof of identity (ID card, driver's license, or passport) and proof of address (utility bill or bank statement).

CMTrading Trading Platforms

As with many forex brokers, CMTrading provides traders with 2 primary trading platforms:

1. MetaTrader 4 (MT4)
2. CMTrading Webtrader

Both platforms offer mobile versions, allowing traders to manage their positions. The advanced MT4 indicators and the integration of Trading Central signals provide an additional layer of market analysis, particularly beneficial for newer traders.

CMTrading Spreads and Commission Structure

CMTrading uses a spread-based pricing model with commissions and fees varying by account tier and instrument type:

• Basic & Trader Accounts: Standard spreads (e.g. EUR/USD: ~1.5–2.6 pips) with no additional commissions.
• Gold & Premium Accounts: Tighter spreads from 1.9 pips (not 0.0) with commissions applicable (varies by account type and instrument).

Other applicable fees include:

• Inactivity Fee: $15/month after 90 days of dormancy
• Rollover/Swap Fees: Applied to overnight positions, varies by instrument
• Currency Conversion Fee: Applies when deposit/withdrawal currency differs from the trading account currency
• Withdrawal Fees: 2% on most methods, 4% on cryptocurrency withdrawals

Traders can also benefit from live trading signals and cash-back rebates, which help offset some transactional costs.

CMTrading Deposit & Withdrawal Methods

CMTrading offers a broad range of deposit and withdrawal options tailored to regional preferences: Deposit Methods:

• Bank Wire (Standard ZAR, Nedbank ZAR)
• Credit/Debit Cards (Visa, MasterCard, Diners, Discover)
• E-wallets (Skrill, Neteller, Perfect Money, Google Pay, EFTPay)
• Cryptocurrencies (BTC, ETH, USDT, TRC20, BEP20, etc.)
• Mobile Payments (MPesa, Local Mobile Money, OZOW)

Deposit Requirements:

• Minimum deposit: $100 for most methods
• Most deposits are instant; bank wires may take 1–3 business days
• No deposit fees (except crypto, which incurs a 4% fee)

Withdrawal Process:

• Withdrawals are typically processed within 2–10 business days
• Card withdrawals are limited to the deposited amount; profits must be withdrawn via e-wallets or bank wire
• Withdrawal fees: 2% for standard methods, 4% for crypto
• Currency conversion fees may apply if the account and transaction currencies differ

CMTrading’s system is functional but lacks full transparency on transaction limits per method. Traders should also factor in processing delays and conversion costs when planning fund movements.

Copy Trading & Investment Options Offered on CMTrading Broker

CMTrading provides a copy trading feature through their CopyKat program. This allows less experienced traders to replicate the trades of successful traders automatically. Key points include:

• Access to a pool of experienced traders
• Ability to view historical performance
• Real-time copying of trades

While CMTrading doesn't offer PAMM (Percent Allocation Management Module) accounts, the copy trading feature provides a similar way for traders to benefit from others' expertise.

CMTrading Tradable Markets & Symbols Overview

CMTrading offers a modest selection of around 165 tradable instruments across five primary asset classes. While the platform lacks ETFs, options, bonds, or futures markets, it provides sufficient coverage for short-term speculation and portfolio diversification:

• Forex: Over 50 currency pairs, including major, minor, and exotic pairs like USD/ZAR
• Stocks: CFDs on 75+ US and European equities such as Intel and BMW
• Indices: Global benchmarks including Dow Jones, FTSE 100, DAX, and FTSE/JSE Top 40
• Commodities: 15+ commodities spanning metals (gold, silver), energy (oil), and softs (coffee, wheat)
• Cryptocurrencies: Access to 15+ crypto CFDs including BTC, ETH, and XRP

CMTrading Bonuses and Promotions

CMTrading offers several bonuses and promotional offers:

• Welcome Bonus
• $100 Deposit Bonus
• 9% Interest Promo (9% for $10K Deposit)
• $200 referral bonus

While these offers can be attractive, traders should carefully review the terms and conditions associated with each promotion.

CMTrading Support Team and Hours

CMTrading provides comprehensive customer support through multiple channels:

• WhatsApp: +27 60 138 0155
• Email: support@cmtrading.com
• Phone: +44 161 388 3321

The support team is available 24/5, ensuring assistance during all trading hours.

CMTrading Broker List of Restricted Countries

While CMTrading accepts clients from many countries, restrictions are based on regulatory requirements. Unfortunately, the information did not provide a specific list of restricted countries. Traders should check with CMTrading directly for the most up-to-date information on country restrictions.

CMTrading Trust Scores & Reviews

CMTrading broker has garnered positive reviews from many traders, with an average rating of 4 out of 5 stars on the Trustpilot website. Traders appreciate CMTrading's educational resources, customer support, and user-friendly platform. However, some users have noted concerns about accounts being blocked and profits vanishing.

Education on CMTrading Broker

CMTrading places a strong emphasis on trader and Forex education, offering a comprehensive suite of resources; CMTrading Education:

• Training Videos: Covering topics from basics to advanced
• Weekly Webinars: Live sessions with market experts
• E-Books: Downloadable guides on various trading topics

The CMTrading Academy is structured into three levels:

1. Intro to Trading (42 videos)
2. Intermediate Course (40 videos)
3. Advanced Trading (48 videos)

Comparing CMTrading with Other Forex Brokers

The table below provides a comprehensive comparison of the key features of CMTrading with those of other brokers.

Conclusion and final words

Its trading platforms, MT4 and WebTrader, allow traders to access different markets and tools.

While some concerns, such as wider spreads on lower-tier accounts, exist, the broker offers a variety of trading features like CopyTrading and a welcome bonus.