CM Trading Review

Broker Information

  • Company Name: CM Trading
  • Founded: 2013
  • Country: South Africa

Platform Info

  • Platform: MetaTrader 4, Sirix
  • Web Based: Yes
  • Mobile Trading: Yes
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Broker Services

  • Regulators: FSCA
  • Minimum Deposit: $250
  • Leverage: 1:400
  • US Clients: No
  • Funding Methods: all major credit/debit cards, bank wire transfers, CashU, and Skrill (Moneybookers)
  • Pairs Offered: 40+

CM Trading Review

CM Trading is a unique currency brokerage service that operates from the well-established financial center of Johannesburg, South Africa. It also has an operational center in the Seychelles, and from these two points of view, it offers a full service commercial experience to a clientele of clients spread all over the world. The company distinguishes itself from its competitors by offering many services and features that are not available elsewhere, and its learning center is easily at the top end of the industry. CM Trading is also committed to innovation, always striving to offer something new to attract their interest and provide a pleasant business environment while maintaining fast execution of orders from the main liquidity providers.

The regulatory regime in South Africa is strict and organized in the same way as in the United Kingdom and Europe. It is known as the Financial Services Board (FSB) and has authorized the operation of the firm under FAIS License Number 38782. One of the benefits of a strict regulation is that its deposits are safe, completely separate from working capital in accounts. safe in main level 1. banks. Operating standards are also higher, and all personal and transactional data is encrypted instantly by using the latest in SSL technology. CM Trading was founded by “traders for traders” to create a “one stop shop for online commerce”. In this sense, the company also offers alternative asset options in the form of CFDs for products, stocks and indices, along with a leverage ratio of 50: 1. At this time, US regulators. UU They do not formally approve CFDs and, therefore, US customers. UU They are not accepted at this time.

CM Trading has also received several prestigious industry awards. The Metatrader4 and Sirix platform formats are compatible to allow access from any Internet enabled device. The set of characteristics of the company is robust, since the management team is focused on “always try to give you that little extra”. Its service “CopyKat” allows the mirror and social commerce. A unique feature of the “Guardian Angel” warns you immediately of any major change in market conditions, while its “Flexi Analysis” system brings together all patented analyzes and trade signals in a convenient place in almost 100 languages. Finally, if your account balance exceeds $ 500, the company will send you, at your option, a prepaid MasterCard card that can be used for withdrawals or immediate purchases at ATMs, using funds from your account. If you want a cut above, CM Trading is the place for you.

Why would I want to choose these guys over their competitors, possibly more experienced?

ALB.com is proud of the technology it employs. In fact, the commercial platforms are cutting-edge and the commercial conditions are also more than decent.

In addition, the broker is trusted and regulated, as noted above, and is a member of the Compensation Scheme for Investors, in accordance with EU Directive 97/9.

Funds deposited by merchants are kept in segregated accounts. The financial statements of the operation are regularly audited by Price Waterhouse Coopers.

Although it does not produce its own analysis and educational material, the agent provides access to external providers of said services and advantages.

Perhaps most importantly: the insurance agent claims to offer negative balance protection. The best way to trade safely is to choose a regulated broker, since the regulation requires that the broker protect the negative balance of a client, so that customers can not lose more than they have initially deposited. As a regulated agent, ALB provides this. In addition, as a member of the Compensation Scheme for Investors (ICS), clients enjoy the protection of a rescue fund in case the company ceases to operate due to a failure.

ALB.com Trading Platforms

The selection of the broker’s trading platform is really impressive: it has some of the best and most popular platforms aligned, including WebTrader MT4, MT5 and MetaQuotes, which satisfies all the possible needs of merchants.

Those who know their trading platforms, know very well that this selection is probably not a coincidence: each of the highlighted platforms satisfies different needs.

MT4 is beyond doubt, the most popular and possibly the most capable trading platform.

In addition to the excellent graphics creation capabilities, not to mention a fully customizable trading environment, MT4 also supports automated trading, through EA. The EAs are, in fact, among the most popular features of the MetaQuotes platform suite and work best in conjunction with a good and reliable VPS service.

MT4 is also available for mobile devices.

MT5 may sound like the natural evolutionary iteration of MT4, but it is a little different in several ways.

That said, it offers an excellent set of features and capabilities, such as an excellent technical analysis facilitated by more than 80 built-in technical indicators.

There is also an economic calendar available through the platform, which is VERY useful in terms of fundamental analysis.

No less than 8 types of orders are compatible with the platform: stop loss, profit taking, purchase / sale stop limit, sales limit, sales stop, purchase stop and purchase limit.

The user interface is available in many different languages.

Like MT4, MT5 is also available in a mobile version. This version comes with some 30 pre-installed technical indicators, and also supports no less than 3 types of graphics and 9 time frames.

The WebTrader is for those who can not bother to download and install anything on their local machines. The browser’s compatibility with Web Trader is excellent: all you need to access is an Internet connection.

As for the features, although it is definitely not the same as the full MT4 / MT5 platforms, WebTrader covers 9 time frames and about 30 of the most popular and useful technical indicators.

Through Market Watch, it offers market quotes in real time.

CM Trading Review

Features

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.

Platform

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.

 

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