CMTrading Review (2023)

What is CMTrading?

CM Trading is a brand name used by the BLACKSTONE Marketing SA(PTY)LTD and is one of the world’s innovative Forex brokers and the largest brokers in South Africa.

Best Performing Broker Africa 2017

In addition to the main approach all around the African continent, the company offers a wide variety of advanced trading solutions to the international, global clients. From new traders to more experienced ones (See FP Markets review here), CMTrading provides state of the art trading platforms as well as supreme liquidity. Investment with confidence in a highly safe and regulated environment enables traders to trade Forex, Index and Commodities, including Cryptocurrencies through the seamless, technology-driven process.

At CMTrading, the support provided to the clients’ demand is the central part of the company philosophy. So to make it as easy, the customer can get to by Live Chat, email or one of the numerous International phone numbers. Moreover, a wide variety of training videos, webinars, technical analysis tool and e-books offered for free and available to any trader.

Is CM Trading safe or a scam?

Since a safe and secure trading environments stays at the paramount priority the CMTrading delivers highly secured trading experience through their own SSL security systems while all clients funds are held in segregated accounts. GCMT SA clients are protected under the financial regulation of the Financial Services Board (FSB) South Africa as a juristic representative of FSP 38782 Blackstone Marketing SA (PTY) Ltd.

CMTrading Platforms 

The trading systems range includes the most used as well as the unique features delivered to the clients. The mainstay platform is MT4 (Read about ActiveTrades & HYCM that also offer trading by MT4 platform) with cutting-edge technology along with the offering to use Sirix, copy trading platform CopyKat and even to learn best practices on 1 to 1 trading.

MetaTrader is an immensely powerful trading system, allowing for 3 execution modes and 8 order types. It also allows a host of social functions, from the trading signals to algorithmic trading to financial news reports, with over 50 analytical tools to use. There’s also a news and alert systems to help stay updated of the market anytime, anywhere. With all those amazing features, there’s the very little wonder it’s the users favorite.

Sirix Web Trader is a revolutionary development in the world of currency trading, offering the luxury of executing trades from mobile phones, computers and tablets without downloading or installing any software. A single click in Sirix seamlessly connects trader with different currencies and markets. It is compatible with both Mac OS and Windows.

– CopyKat system allows to copy the markets top 100 traders and does not require any expertise in trading, simply choose the best suitable trader and copy his orders.

– 1×1 Trading brings exclusive trading opportunity with a professional trader that will work together with the trader during the trading session for a smarter, faster and better process. This feature helps to increase the trading knowledge and is an excellent opportunity for novice traders in addition to the automatic Forex signals.

And of course, it is of utmost importance to come up with a strategy that effectively utilizes Forex trading signals, and makes sure it suits the individual trading goals. It will definitely aid the success if you remain disciplined, calculated and patient as you follow through with the strategy. Trading is a long-term activity, so it’s best to not trade on emotions or beyond the means to ensure continued growth. At the end of the day, the volatility condition of the market requires responsible trading to make certain steps of protection, and trading signals help to do so.

Also, the company designed a unique feature “Smart Communication System” a free service to keep the trader up-to-date with everything you need to know alike Direct messages from CM Trading regarding signals on market trends and other information that could be relevant. As well as the automated feedback on how you trade (the “Guardian Angel” system), with market volatility indications and Stop Loss calculator (Read about Guaranteed Stop Loss brokers Axiory, Eightcap, Global GT).

Account types

Trading accounts at CMTrading offers four accounts suited to the different needs. The trading account features also divided by the balance maintenance while the next level account will be applied once the necessary amount reached.

– Mini Account starts from 250$ up to 999$ offered with a spread basis and free services from the company alike daily and weekly market reviews.

– Classic Account offers leverage up to 1:200 with regular spreads, free signing to Webinars and 1 Risk-Free Trade (a trading position which held by the trader and in case of loss will be covered by CMTrading). The account balance ranges between 1,000 – 4,999$. Also, the CMT Prepaid regular Card will be opened to the trader in order to perform convenient deposits and withdrawals.

– Executive Account delivers tighter spread, exclusive 2 Risk-Free Trade offering along with the advanced Webinars, Understanding of Technical and Fundamental analysis and VIP CMT Prepaid Card for money transactions. The balance of an account is a range of 5,000 – 24,999$.

– Premium Account designed for professionals with a deposit from 25,000$ and is the powerful feature with full service from the broker, alike support, Webinars, Same day withdrawals. As well as 3 Risk-Free Trade and 2 Trading Strategies to perform better trading.

Moreover, the CMTrading offer to increase the trading power and get a chance to make money by taking advantage of our first deposit bonus. The bonuses mean you get to trade with more capital, currently, there are available promotion to make the first time deposit and get a free e-Book; Deposit $500 and up, and get up to a 20% Bonus; Deposit $1000 and apply for an Intercash international debit card. However, the most efficient is to check the available option on the official broker’s website.

Payment Methods

Funding methods include a number of ways that are available and performs highly secured money transactions. The options offer Wire Bank Transfers, Debit/ Credit Cards, CashU, Neteller and Fasapay. Moreover, the CMTrading offers an exclusive CMT Prepaid Card that delivers seamless funding options to the trader. There are few Cards available while tailored solutions will be included into offering – Regular CMT Card and VIP CMT Card.

Conclusion on CMTrading

CMTrading review presents a company with a strict policy to follow due to the regulations and set of operational rules. Overall, the broker delivers the comprehensive offering to the clients with a good range of account types, powerful educational and support materials with some unique development alike trading signals, copy trading and 1 to 1 trading. Alternative forex broker is Avatrade is also regulated in South Africa and more licenses from various countries and offering better trading conditions as well.

CMTrading Updates

Recently, CMTrading moved its entity to an offshore zone Seychelles, which luck in regulation requirement and can not guarantee a safe trading environment. Therefore, from now on we moved CMTrading to our unregulated brokers’ list, known as brokers to avoid since money safety is a first always choose only among the sharply regulated brokerage firms to ensure your protection. Check CMTrading Review by the link.