Author: Dominic Owens | Last updated: October 2024

CMTrading Forex Broker Review – Currently NOT VERIFIED

CMTrading is not verified from our experts and we advise you NOT to trade there at that moment! You can choose from our alternative Forex brokers such as IronFX and AVAtrade, or just pick one from our list with the best companies which you can find here!
N/A
  • Licence:
  • FSCA
  • 38782
Accepted Payment Methods: VISA, VISA Electron, MasterCard, Neteller, Wire Transfer and more
Min. Deposit: $250
Broker Rating:
  • Reward: 1.0
  • Platform: 1.0
  • Mobile: 1.0
  • Live: 1.0
Overall Score: 1.00/5
Featured Platforms:
  • Web Trader, CopyKat and MT4
Broker Info
  • Company: Global Capital Markets Trading Ltd
  • Founded: 2012
  • Headquarters: Seychelles
  • Phone: +44 203 318 2176
  • Email: support@cmtrading.com

When it comes to picking a sound Forex broker to work with, choosing becomes hard due to the sheer number of options out there. For example, many people choose to go with the CMTrading. This is very popular model, but is it really the right choice for you? Let’s take a look at how good they are, and if they would be a positive choice for someone looking to make their next steps into the competitive yet lucrative Forex industry.

History

CMTrading FX broker is a South African based firm that has been around for a while, and operates across Europe. It’s a very popular group, known for their innovative solutions and for setting up interesting trading options that you might not find first off anywhere else. they also make sure that you can get fast, simple and stress-free execution of all of your moves for major liquidity markets.

This operates as part of the Financial Services Board (FSB) under FAIS License Number 38782. This means that, at the very least, the CM Trading broker is a safe, legitimate and fully regulated online platform for Forex trading. However, please be aware that at the time of writing that the USA is not part of their selection, and thus you cannot use them if you are a US customer.

Bonus Offers and Promotions

While the speed and status of the bonus and promotions offered by CMTrading change all the time, they do offer lots of good bonuses. Simply check out their website when you wish to sign-up, and the front page will alert you to all present bonuses, promotions and extras aimed at those who are just signing up for the first time again.

For that reason, you should definitely look to check out this Forex broker if you are looking for some extra value in your trading experience. Make sure you take a look at their offers, though: they certainly will benefit you.

Regulations

As mentioned above, this is entirely regulated and is among the safest sites that you could probably use. The full standard of their FSB licensing means that you can use this site without having to worry about missing out or finding yourself in a challenging situation. If you want to work with a safe solution that delivers a safe Forex broker with plenty of trusted information about it, then you will find that this is probably among the most reliable places to start.

This system is fully regulated for all major Tier-1 banking operations in most countries.

Platforms Offered

In terms of platforms, they make use of popular platforms such as Sirix and Metatrader 4. These are two of the most powerful and popular modules on the market, and stand out from the crowd for plenty of the right reasons. Not only that, but they make sure that you are using a modern service which is always accessible so long as you have the internet available.

They also make use of an interesting new CopyKat feature. This interesting new service is used for social trading and for mirrored trading, too. It’s quite useful, and we recommend that most people who are new to the industry read into it further.

Another useful platform included is their new Guardian Angel tool. This warns you if any major shockwaves take place within the market. This means that you don’t need to wake up from an afternoon siesta to find that you have missed a major market movement!

Education and Support

When it comes to learning and growing as a Forex trader, it pays to work with a system that makes your development possible in the first place. You will be happy to know that five days a week, 24 hours per day, you can get access to a fantastic bundle of educational tools to help you learn and grow.

They are excellent tools for the beginner, but even the professionals and veterans will find some persistent use from working with this platform. Also, the aforementioned Guardian Angel tool is hugely beneficial. Support is friendly and fast, with live chat, email and direct phone chat offered making it nice and easy to make things come to life and find quick simple solutions.

Withdrawal and Deposits

Withdrawal and deposit systems are often a pain in the neck, but CMTrading Forex broker is actually quite valorous with their options available to you. Since they accept all major credit and debit cards as well as bank wire transfers, even Neteller is accepted. They also make it easy for you to get your money out, crucially.

While others might make it hard to ever see your earnings again, most of the time you can get all of your money processed in a 24-hour timeframe. That’s very useful, and should make sure that you can get your earnings back ASAP. So long as you can show them ‘internationally mandated, identity solutions such as a passport, you should be able to get access to your money without any issue.

You could also use most cards, as they also use MasterCard pre-paid cards. This makes it quite easy for you to make purchases and to be used at ATMs if you would rather. It’s all very easy, and is another feather in the cap of CMTrading for simplicity and ease of use.

Verdict

The overall verdict would need to be that CMTrading broker is a pretty solid place to start. While it can be quite challenging at first due to the sheer volume of information, there is lots to learn in a positive sense.

Speed, safety and simplicity should all matter when choosing a Forex broker. In all three platforms, then, you will be happy to know that CM is more than good enough. They are a high standard broker that should make a fine home for both beginners and veterans looking to really enjoy the scope of their success.