CMTrading

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Popularity top broker
Year Established 2012
Minimum Deposit $100
Base Currencies USD, EUR, ZAR
Account Opening Time 24 hours
Demo Account yes green tick
Islamic Account yes green tick
Leverage Up to 1:500
Spreads Low
Average cost: EUR/USD 1.5 pips
Scalping Yes
EA/Robots yes green tick
Copy Trading yes green tick
ZuluTrade no red cross
MAM no red cross
PAMM no red cross
Negative Balance Protection Yes
MT4 yes green tick
MT5 no red cross
Proprietary Platform no red cross
cTrader no red cross
WebTrader yes green tick
Signals yes green tick
Trading Assets Forex, Indices, Commodities, Cryptocurrencies, Stocks
Market Analysis Tools Comprehensive tools including Trading Central
Awards and Recognition Best Performing Broker in Africa 2021
Advanced Trading Features CopyKat Trading, Risk Management Tools
Trade Execution Speed Fast
Order Types Market, Limit, Stop, Trailing Stop
Risk Management Tools Stop Loss, Take Profit, Negative Balance Protection
Deposit Insurance Yes
Regulation Financial Sector Conduct Authority (FSCA) – South Africa, Cyprus Securities and Exchange Commission (CySEC)
Address No. 1 Thibault Square, Long Street, Cape Town, South Africa
Deposit Fee No
Withdrawal Fee No
Withdrawal Processing Time 1-2 business days
Customer Support
Live Chat chat
Mail contact support method
Phone Call 24 7 service com
FAQ help section
In person office in person
Social Media social media
In-App Support in app phone support
Support Tickets ticket system
Educational Resources Webinars, eBooks, Trading Courses
Promotions and Bonuses Welcome Bonus, Refer a Friend Bonus
Mobile Trading APP Broker App in the Google Play Store Broker App in Apple App Store
Rating ★★★★★ 4.7
Website

Pros and Cons

Pros
  • Well-regulated by FSCA and CySEC.
  • Low minimum deposit requirement.
  • Wide range of trading assets.
  • Comprehensive educational resources.
  • Fast trade execution speed.
  • Multiple account types, including Islamic accounts.
  • Advanced trading tools and features.
Cons
  • MT5 platform not available.
  • No PAMM or MAM accounts.
  • Limited promotional offers.

Introduction to CMTrading

CMTrading has become a prominent name in the world of online trading, especially within Africa.

Recognized for its user-friendly platforms, extensive educational tools, and exceptional customer service, the broker caters to both new and experienced traders.

CMTrading’s primary focus lies in empowering its clients through innovative tools, ensuring they can navigate the complexities of the financial markets with confidence.

This comprehensive review delves into all aspects of CMTrading, providing detailed insights into its trading platforms, account types, instruments, leverage, customer support, and more.

CMTrading is more than just a trading platform; it’s a partner for traders.

By addressing specific challenges faced by African traders, such as localized payment methods and tailored educational programs, the broker establishes itself as a trustworthy option for market participants.

Open a free account with CMTrading

Trading Platforms Offered by CMTrading

One of CMTrading’s standout features is its range of trading platforms.

These platforms are designed to provide traders with flexibility, convenience, and efficiency.

Whether you are a beginner or an advanced trader, CMTrading offers platforms that cater to every level of expertise.

MetaTrader 4 (MT4)

The MetaTrader 4 platform, renowned globally for its reliability and versatility, is a cornerstone of CMTrading’s offerings.

It is particularly favored for its robust features and ease of use. Key highlights of MT4 include:

  • Advanced Charting: Access to multiple chart types, over 50 technical indicators, and customizable templates.
  • Automated Trading: Support for Expert Advisors (EAs), enabling traders to automate their strategies.
  • Multi-Device Compatibility: Available on desktop, mobile, and web, ensuring seamless trading anywhere.

For traders who value detailed analysis and efficient trade execution, MT4 is an indispensable tool.

Sirix WebTrader

For traders seeking a browser-based solution, Sirix WebTrader offers unparalleled convenience.

Without requiring any downloads or installations, this platform provides a streamlined trading experience.

Its social trading feature allows users to observe and copy trades from successful traders, making it ideal for those still learning the ropes. Other notable features include:

  • Intuitive Interface: A clean design that simplifies the trading process.
  • Social Trading: Copy successful traders’ strategies in real time.
  • Cloud Accessibility: Access your trades and strategies from any device with an internet connection.

Mobile Trading Apps

CMTrading ensures traders stay connected to the markets through its mobile trading apps.

These apps are optimized for smartphones and tablets, providing access to real-time data, charting tools, and instant trade execution.

Key benefits include:

  • On-the-Go Trading: Monitor and execute trades from anywhere.
  • Push Notifications: Receive timely alerts about market movements and trading opportunities.
  • User-Friendly Design: Simplified navigation tailored for smaller screens.
Mobile trading apps are perfect for traders who need to stay updated on market changes while away from their desks.

Account Types

CMTrading offers several account types to accommodate traders of varying skill levels and investment capacities.

Whether you are a beginner or a professional, there is an account tailored to your specific needs.

Mini Account

Geared towards novice traders, the Mini Account requires a low minimum deposit and provides essential trading features.

Benefits include:

  • Minimum Deposit: $250.
  • Basic Educational Resources: Access to tutorials and beginner-friendly webinars.
  • Leverage: Up to 1:200.

Classic Account

The Classic Account offers enhanced features for intermediate traders looking to expand their trading capabilities.

Features include:

  • Minimum Deposit: $1,000.
  • Account Manager: Dedicated support for better trading guidance.
  • Market Analysis: Access to regular market updates and insights.

Executive Account

This account is tailored for experienced traders who require advanced tools and premium services.

Highlights include:

  • Minimum Deposit: $10,000.
  • Priority Support: Direct access to senior account managers.
  • Exclusive Features: Advanced analysis tools and priority trade execution.

Islamic Account

CMTrading also caters to Muslim traders by offering a Sharia-compliant Islamic account.

This account adheres to Islamic finance principles by eliminating swap fees and other interest-based charges, ensuring it aligns with religious beliefs.

Account Tip
Choosing the right account depends on your trading goals. Beginners may start with the Mini Account, while seasoned traders might find value in the Executive Account’s premium features.

Trading Instruments

CMTrading provides an extensive selection of trading instruments, enabling traders to diversify their portfolios effectively.

These instruments cover various asset classes, ensuring there is something for every trader.

Forex

With access to over 50 currency pairs, CMTrading is a strong player in the forex market.

Traders can take advantage of tight spreads and leverage options to maximize their potential returns.

Available pairs include major, minor, and exotic currencies.

Commodities

Traders looking to diversify their investments can trade popular commodities such as gold, silver, oil, and agricultural products.

These instruments provide opportunities to hedge against market volatility.

Indices

CMTrading offers indices from global markets, including the S&P 500, NASDAQ, FTSE 100, and DAX 30.

Trading indices allows users to speculate on the performance of entire sectors or economies rather than individual assets.

Stocks

Through CMTrading, traders can invest in leading global companies, enjoying opportunities in markets such as technology, healthcare, and finance.

The broker provides access to a wide array of stocks with competitive trading conditions.

Cryptocurrencies

Recognizing the growing popularity of digital assets, CMTrading includes cryptocurrencies such as Bitcoin, Ethereum, and Litecoin among its tradable instruments.

This allows traders to participate in one of the most dynamic markets in the world.

View All Instruments

Leverage and Margin

CMTrading provides flexible leverage options, allowing traders to amplify their market exposure.

While leverage can increase profit potential, traders are advised to use it cautiously due to the higher risk of losses.

  • Forex: Leverage up to 1:200 for major currency pairs.
  • Indices and Commodities: Leverage up to 1:100, offering opportunities for greater market participation.

To assist traders, CMTrading includes margin calculators and educational resources to ensure informed decision-making.

Educational Resources

Education is a core component of CMTrading’s mission.

The broker provides an array of resources to enhance trading knowledge, including:

  • Webinars: Live sessions hosted by market experts covering strategies and market insights.
  • Tutorials: Step-by-step guides for new traders.
  • eBooks: In-depth trading manuals covering topics like technical analysis and risk management.

Customer Support

CMTrading offers 24/5 multilingual customer support, ensuring traders can access assistance whenever needed.

Support is available through:

  • Live Chat: Instant responses to queries.
  • Email: Prompt resolution of more complex issues.
  • Phone: Direct assistance for urgent concerns.
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Security and Regulation

One of the most critical aspects of any broker is its security and regulatory compliance.

CMTrading operates under the supervision of the Financial Sector Conduct Authority (FSCA) in South Africa, which ensures adherence to strict financial and operational standards.

The FSCA is a highly regarded regulatory body in Africa, providing traders with confidence in the broker’s integrity and transparency.

Additionally, CMTrading employs robust security measures to protect client funds and personal information. Key features include:

  • Segregated Accounts: Client funds are kept separate from the company’s operational accounts, ensuring they are protected in the event of insolvency.
  • SSL Encryption: Advanced encryption protocols safeguard all data transmissions.
  • Regulatory Audits: Regular compliance checks by regulatory authorities maintain transparency and trust.
The FSCA’s oversight of CMTrading reassures traders that their funds and trades are handled responsibly.

Partnership and Affiliate Programs

CMTrading extends its offerings beyond trading by providing lucrative partnership and affiliate programs.

These programs allow individuals and businesses to earn commissions by referring new clients to the platform.

Key highlights include:

  • High Payouts: Competitive commission structures for partners.
  • Marketing Support: Access to promotional materials and dedicated account managers.
  • Transparent Reporting: Real-time tracking of referrals and earnings through the affiliate portal.

These programs are particularly beneficial for influencers, educators, and financial advisors looking to monetize their networks while promoting a trusted trading platform.

Market Tools and Analysis

To support informed trading decisions, CMTrading provides a suite of market tools and analysis resources.

These tools are designed to cater to traders of all levels, from beginners to seasoned professionals.

  • Trading Signals: Daily trading signals delivered directly to users, offering actionable insights into market trends.
  • Economic Calendar: A comprehensive calendar highlighting key market events, helping traders anticipate market movements.
  • Market News: Up-to-date news and analysis to keep traders informed about global financial markets.

These tools are integrated seamlessly into CMTrading’s platforms, ensuring traders can access critical information without switching between applications.

Promotions and Bonuses

CMTrading frequently offers promotions and bonuses to attract and retain clients.

These include deposit bonuses, cashback offers, and referral rewards.

While these promotions provide added value, traders should carefully review the terms and conditions to understand any associated requirements, such as minimum trading volumes.

Bonus Tip
Take advantage of CMTrading’s bonuses to maximize your trading capital, but ensure you meet the eligibility criteria to withdraw your profits.

Social Trading Features

Social trading is a standout feature of CMTrading, enabling users to learn from and replicate the strategies of successful traders.

The Sirix platform facilitates this feature, allowing traders to:

  • Observe Top Traders: Access the performance history of leading traders.
  • Copy Trades: Automatically replicate trades from experienced professionals.
  • Engage with the Community: Interact with other traders to share insights and strategies.

Social trading is particularly beneficial for new traders, providing them with an opportunity to learn while earning.

Funding and Withdrawal Options

CMTrading offers a wide range of deposit and withdrawal options, catering to the diverse needs of its African clientele.

These include:

  • Credit/Debit Cards: Visa and MasterCard transactions are processed quickly and securely.
  • Bank Transfers: Direct transfers for large deposits or withdrawals.
  • eWallets: Popular platforms like Neteller and Skrill are supported for fast and convenient transactions.
  • Local Payment Methods: Tailored options such as mobile money services for African traders.

Withdrawals are processed promptly, with most requests completed within 3-5 business days. However, traders should ensure their accounts are fully verified to avoid delays.

Advantages of CMTrading for African Traders

CMTrading has strategically positioned itself as a leading broker in Africa by addressing the unique challenges faced by traders in the region.

Key advantages include:

  • Localized Services: Payment methods, educational content, and customer support tailored to African traders.
  • Regulatory Compliance: Oversight by the FSCA ensures transparency and reliability.
  • Community Engagement: Social trading features and local events foster a sense of community among traders.

By focusing on these aspects, CMTrading has become a trusted partner for African traders looking to navigate the financial markets.

Conclusion and Final Thoughts

CMTrading stands out as a comprehensive and user-friendly broker, offering a wide range of features to meet the needs of traders at all levels.

Its robust trading platforms, diverse instruments, and commitment to education make it a strong choice for traders across Africa.

Whether you are a novice exploring the financial markets or an experienced trader seeking advanced tools, CMTrading provides a reliable and secure environment.

With its localized services and commitment to client satisfaction, CMTrading continues to grow as a preferred broker in the African market.

Get Started with CMTrading Today

Broker Comparison Table

This table provides a comprehensive comparison of CMTrading with other leading brokers, focusing on key aspects such as demo account availability, minimum deposit requirements, regulatory bodies, trading platforms, leverage options, payment methods, and direct links to their official websites.

 

Broker Demo Account Minimum Deposit Regulators Platforms Leverage Payment Methods Visit
CMTrading Yes $250 FSCA MT4, Sirix WebTrader 1:200 Bank Transfer, Credit/Debit Card, Neteller, Skrill Visit CMTrading
xChief Yes $100 IFSC MT4, MT5 1:1000 Bank Transfer, Credit/Debit Card, Bitcoin Visit xChief
JustMarkets Yes $1 FSA MT4, MT5 1:3000 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit JustMarkets
XM Yes $5 ASIC, CySEC, IFSC MT4, MT5 1:888 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit XM
FBS Yes $1 IFSC, CySEC MT4, MT5 1:3000 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit FBS
RoboForex Yes $10 IFSC MT4, MT5, cTrader, R Trader 1:2000 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit RoboForex
XTB Yes $0 FCA, CySEC, KNF xStation 5, MT4 1:500 Bank Transfer, Credit/Debit Card, PayPal Visit XTB
Exness Yes $1 CySEC, FCA, FSA MT4, MT5 Unlimited Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit Exness
IC Markets Yes $200 ASIC, CySEC MT4, MT5, cTrader 1:500 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit IC Markets
eToro Yes $50 CySEC, FCA, ASIC Proprietary 1:30 (Retail), 1:400 (Pro) Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit eToro
IQ Option Yes $10 IFSC Proprietary 1:30 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit IQ Option
LiteFinance Yes $50 CySEC MT4, MT5 1:500 Bank Transfer, Credit/Debit Card, Skrill, Neteller Visit LiteFinance

Trading Instruments Comparison

This table highlights the trading instruments available on CMTrading compared to other leading brokers.

It includes details on CFDs, Forex, Stocks, Commodities, Cryptocurrencies, Metals, and ETFs, helping traders identify the broker that aligns best with their trading needs.

 

Broker CFD Forex Stocks Commodities Crypto Metals ETFs
CMTrading Yes Yes Yes Yes Yes Yes No
xChief Yes Yes No Yes Yes Yes No
JustMarkets Yes Yes No Yes Yes Yes No
XM Yes Yes Yes Yes Yes Yes Yes
FBS Yes Yes No Yes Yes Yes No
RoboForex Yes Yes Yes Yes Yes Yes No
XTB Yes Yes Yes Yes Yes Yes Yes
Exness Yes Yes Yes Yes Yes Yes Yes
IC Markets Yes Yes Yes Yes Yes Yes Yes
eToro Yes Yes Yes Yes Yes No Yes
IQ Option Yes Yes No Yes Yes No No
LiteFinance Yes Yes Yes Yes Yes No No
EasyMarkets Yes Yes Yes Yes No Yes No
Deriv Yes Yes No Yes Yes No No

 

User Reviews and Opinions

“I’ve been using CMTrading for the past year, and I have to say, the experience has been quite smooth. The account opening process was straightforward, and I was able to start trading within 24 hours. The customer support is also very responsive, especially through live chat. I do wish they had more promotional offers, but overall, it’s a solid broker.”
John O.
“CMTrading offers a great platform for both new and experienced traders. I appreciate their educational resources, which helped me improve my trading strategies. The spreads are competitive, and the trade execution is fast. However, I would love to see them add the MT5 platform in the future.”
Amina L.
“As a trader based in Ghana, I find CMTrading to be a reliable choice. The platform is easy to use, and the availability of ZAR as a base currency is a big plus for me. Their mobile app is also very convenient for trading on the go. Customer support has been helpful, but I think they could offer more bonuses to attract new clients.”
Kwame T.
“CMTrading has been my broker for over two years now. The trading tools and market analysis provided are top-notch. I’ve had no issues with withdrawals, and the process is always quick. One thing I would like to see is more variety in their account types, but overall, I’m satisfied with their service.”
Lerato M.
“CMTrading’s CopyKat trading feature is a game-changer for me. It allows me to follow and copy the trades of more experienced traders, which has been a learning experience. Their educational resources are also quite extensive, making it easier for beginners to get started. The only downside is the lack of MT5 support.”
Mohamed K.
“What I appreciate most about CMTrading is their commitment to providing a secure and user-friendly platform. The fact that they offer Islamic accounts is important for me. I’ve also benefited from their webinars and trading courses. If they could expand their promotional offerings, it would be perfect.”
Zola N.

Frequently Asked Questions

Is CMTrading regulated in Africa?

Yes, CMTrading is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, ensuring it meets local regulatory standards.

What is the minimum deposit to start trading with CMTrading?

The minimum deposit required to start trading with CMTrading is $100.

Does CMTrading offer an Islamic account?

Yes, CMTrading offers Islamic accounts that comply with Sharia law.

What trading platforms does CMTrading provide?

CMTrading offers the MetaTrader 4 (MT4) platform and a WebTrader platform.

Are there any withdrawal fees with CMTrading?

No, CMTrading does not charge any fees for withdrawals.

What is the typical processing time for withdrawals?

Withdrawals are typically processed within 1-2 business days.

Can I trade cryptocurrencies with CMTrading?

Yes, CMTrading offers cryptocurrencies as part of its trading assets.

Does CMTrading provide educational resources?

Yes, CMTrading offers a variety of educational resources, including webinars, eBooks, and trading courses.

What customer support options are available?

CMTrading provides several customer support options, including live chat, email, phone support, and in-person assistance.

Is CMTrading suitable for beginners?

Yes, CMTrading is suitable for beginners, offering a user-friendly platform, educational resources, and a low minimum deposit requirement.

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      Updated as of: June 25, 2025