CMTRADING

About company:

CM Trading offers currency trading, CFDs on commodities, stocks and indices.

 

About company. Fund security

CM Trading is a trademark of Global Capital Markets Trading Ltd, which is a Seychelles-based company. The broker offers a full range of trading services operating in South Africa, a region with a difficult economic situation. But the firm also serves clients from other continents, in fact from all over the world. It is global and serves a wide clientele around the planet. South Africa has a long history of trading with its European trading partners, which have set up many banks in the country serving international trade. Thus, access to major liquidity providers is provided through CM Trading.

 

South Africa also maintains strict regulatory regimes. The Financial Services Board (FSB) issued the broker with FAIS license # 38782. Thus, customer deposits are held in segregated accounts in tier 1 tanks, including Barclays Bank PLC and Nedbank, and all personal and transaction data are encrypted using the latest SSL technologies.

 

Due to US restrictions on certain asset classes, US clients are not accepted.

 

Trading conditions

The minimum deposit is $ 250, a trader can choose from five different types of accounts.

 

For Mini and Standard accounts, spreads for major pairs are on average 2 to 3 pips, but you can get a 1 pip discount if you trade on Executive and Gold accounts.

 

The leverage provided for Forex is 1: 400 for currencies on the Mini account and 1: 200 for all other accounts. On CFDs, the leverage reaches up to 1:50.

 

Trading platforms

CM Trading uses the very popular MetaTrader 4 (MT4) terminal as one of its platforms. The trading platform itself will take up a little RAM and has a simple and intuitive interface, making it easy for beginners to deal with trading. On MT4, traders can build charts, analyze the movement of prices in the market for certain assets.

 

Another broker's offer is the Sirix terminal. The terminal graphics area is easy to use and expandable to full screen mode. Indicators can be added in just a few clicks. A real-time news feed is available.

 

There are also several additional options from the broker. For example, the CopyKat system for automated trading from experts; "Intelligent communication system", which informs about all changes in the market; Flexi Analysis system, which collects and analyzes trading signals and alerts, and, finally, for accounts with more than $ 500, the company issues a MasterCard to the client, which can be used to pay for purchases, and the funds will be debited directly from the trader's trading account.

 

Support service

Customer support is available 24 hours a day, five days a week. There is an online chat. Traders choose this method of communication most often. Email and phone support is also available.

 

The firm offers a wide range of educational and analytical materials, including educational videos, webinars, technical and fundamental analysis reviews, advisors, signals for automated trading, and trend trends.

 

Ways of payment

The deposit methods follow the standard in the internet trading industry: credit / debit cards, wire transfers, CashU and Skrill (Moneybookers). Withdrawal requests are processed within 24 hours. And as we said, CM Trading is also unique in that it is the only broker that provides its clients with a prepaid MasterCard. It can be used at ATMs or shopping centers around the world.

 

Pros:

 

regulated broker; variety of trading accounts and platforms; prepaid MasterCard.

 

Minuses:

 

high spreads.