Why trade with CM Trading? The firm lists these reasons:
- Founded by a group of professionals, astute in all aspects of the trading industry;
- Headquartered in Johannesburg, South Africa, with an operating satellite office in Victoria, Mahe, Seychelles;
- Firm offers traditional forex trading, as well as CFDs for commodities, stocks and indices;
- MT4 and Sirix trading platforms provide a complete set of access options;
- Competitive spreads and leverage up to 200:1 (400:1 on Mini accounts);
- Up to 50:1 leverage allowed on CFDs;
- Automated “mirroring” service (“CopyKat”) and social trading;
- Extensive education materials that include one-on-one training;
- Four account classifications with escalating benefits, including tighter spreads: Mini ($200 to $999; Standard ($1,000 to $4,999); Executive ($5,000 to $24,999); and Gold (over $25,000);
- A free Demo Account comes with all account classifications;
- Deposit minimum = $250;
- Withdrawal requests are handled within 24 hours, or they can be immediate if you use the firm’s proprietary MasterCard prepaid card;
- Several promotions and bonus programs that change from time to time;
- Institutional players will benefit from partnering with CM Trading’s Introducing Broker (IB) Program, which also won the 2013 Award Best IB program;
- Bilingual customer service reps are available 24X5 via live chat, email, or by 16 direct international phone lines.
Spreads and Leverage
For the “Mini” and “Standard” accounts, the spreads for the main pairs average between 2 and 3 pips, in line with other competitive traditional forex brokers, but you can get a discount of 1 pips on average with the most important account classifications. highs of “Executive” and “Gold”. The leverage provided for exchange operations is 400: 1 for the Mini account and 200: 1 for all other account classifications. The firm also allows a leverage of 50: 1 in the CFDs.
CM Trading employs the popular Metatrader4 trading platform. For those operators that are in motion or do not wish to download MT4, CM Trading supports the Sirix suite of mobile and web-based platform commerce services. All systems exude the execution of cutting-edge orders and special property features ensure that each trader is kept informed of changes in the market through the intelligent use of free signals and alerts. The latest 256-bit SSL encryption technology guarantees that your security and privacy will not be compromised by any illegal intervention by the hacker community.
Deposits and Withdrawals
CM Trading makes depositing funds an easy task by accepting all major credit / debit cards, bank transfers, CashU and Skrill (Moneybookers). Withdrawals are also instantaneous, most are always processed within a 24-hour period, provided that the internationally required identity documentation is in order. A unique aspect of this company is that it is the only agent we know that issues its own prepaid MasterCard for its customers. The card can be used at ATMs or at points of sale for purchases around the world.
Beginners’ and Customer Support
The Customer Service assistants are bilingual and accessible “24X5” during the weekly trading hours. Live chat, email or a direct call from any of the sixteen international direct telephone lines is all that is needed to get professional assistance immediately. The company’s reputation for support is stellar, but it is even better known as one of the best training brokers in the business. The educational materials include training videos, technical analysis, fundamental analysis, webinars, Angel Guardian, expert advisors, CM trading signals, Flexi analysis, support resistance and Forex trend lines. The “Guardian Angel” service is proprietary and unique. Special communication techniques warn traders of rapidly changing market conditions.
CM Trading Conclusion
CM Trading may be in the far south of Africa and appear to be far away, but it operates in one of the most developed financial centers in the world, along with another satellite office in Seychelles. The offer of services of the company is very competitive and they have proposed to offer numerous services and features that you will not find anywhere else. Its commercial platform options are modern and ensure a pleasant commercial experience, both for beginners and veterans. The firm is not on its laurels and awards to date. In its introductory section, the management team is committed to continuous innovation: “As CM Trading continues to develop and improve, we only seek to be at the forefront of the online commerce world.” They appear on the right path to achieve this goal and they are worth it. consideration.
Please note that certain products and / or multiplier levels may not be available to traders in EEA countries due to legal restrictions.