Company Summary
| CM Trading Review Summary | |
| Founded | 2002 |
| Registered Country/Region | South Africa |
| Regulation | FSA (Offshore regulated), FSCA (Suspicious clone) |
| Market Instruments | Forex, currencies, CFDs, commodities, indices, stocks, cryptocurrencies |
| Demo Account | / |
| Islamic Account | ✅ |
| Leverage | / |
| Spread | From 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 | |
| Bonus | ✅ |
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.
Pros and Cons
| Pros | Cons |
| No commission fees | Offshore regulation risks |
| No deposit fees | Suspicious clone FSCA license |
| Long operational history | |
| MT4 available | |
| Various trading instruments | |
| Offers five account types | |
| Various payment options | |
| Low minimum deposit |
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 suspicious clone 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 |
| Forex/Currencies | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| 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 | Spread | Commission | Bonus |
| Basic | $299+ | Regular | 0 | $100 |
| Trader | $2,000+ | Plus | $500 | |
| Gold | $20,000+ | From 1.9 pips | $8,000 | |
| Premium | $85,000+ | $40,000 | ||
| VIP Club | $250,000+ | $150,000 |
Trading Platform
CM Trading offers three trading platforms: MetaTrader 4 (MT4), CMTrading Webtrader, and CMTrading platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | Windows, Mac, Android, iOS | Beginners |
| CMTrading Webtrader | ✔ | Windows, Mac, iOS, Web Browsers | / |
| CMTrading | ✔ | Windows, Mac, iOS, Web Browsers | / |
| MetaTrader 5 (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.
| Deposit Method | Minimum Deposit | Deposit Fees | Deposit Time |
| Cryptocurrencies | $20 | ❌ | Instant |
| Skrill | |||
| EFTPay | |||
| Neteller | |||
| Perfect Money | |||
| Google Pay | |||
| Standard ZAR | 1 - 3 business days | ||
| NedBank ZAR |
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.
Mayaz Ahmad
Bangladesh
A client has reported that he has been scammed by an employee of this broker.
Exposure
spunky
South Africa
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
Exposure
Bennie_de_divine
Nigeria
I was charged $77 for withdrawing $552, like what on earth is that? that's pretty crazy.
Exposure
Germer
Hong Kong
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.
Positive
Cornelius Sinclaira
South Africa
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.
Neutral
Thaddeus Montgomery
Peru
CM Trading has been my go-to broker for diverse trading options. The range of market instruments, including forex, CFDs, and cryptocurrencies, gives me plenty of opportunities to explore. The multiple account types suit different needs, and the Islamic accounts show they're inclusive. The high leverage of 400:1 is a game-changer for potential profits. I love the MetaTrader 4 platform for its user-friendly interface, and the educational resources, like training videos and webinars, have been super helpful.
Neutral
Odu Donaldson
Nigeria
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.
Exposure
emine
Turkey
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.
Exposure
emine
Turkey
140976643 Emine cunedioglu cm trading I can't withdraw money from my account please help.
Exposure
ahmetcnd
Turkey
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
Exposure
FX1258668766
Nigeria
Since I registered on CM Trading three months ago, I have had a great trading experience owing to the tools and education they offer. None of my queries has gone without being answered. The customer support team is pretty swift.
Positive
王1753
South Africa
Actually I used Copykat platform but was not tough well on how to stop copying when there is incurring losses. I do think CMTrading should have much time in advising their clients on when and how profits/losses are read and can be minimized.
Neutral
MendE
Turkey
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
Exposure
Hamzah Shahrin
Hong Kong
I had a pleasant trading experience with CM trading, they are very professional, and their trading conditions are quite good, stable, I made some profits on this platform, and the only one problem I am not that satisfied is their low withdrawal processing time…
Neutral