CMTrading

Written by How we review

CMTrading is a forex broker offering online access to forex and CFD markets on web and mobile platforms. It provides trading tools, education, and customer support in a straightforward setup for various experience levels.
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Key facts

7.5/10
Our rating
#138
Trust rank
2012
Founded
2
Licences
203
Countries accepted
HeadquartersSouth Africa
Broker typeMarket Maker
RegulationFSCA; FSA Seychelles
PlatformsMT4, Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, Metals, Shares
Fee levelMedium

Updated

Pros

  • • FSCA regulation (South Africa)
  • • MT4 + WebTrader with CopyKat social trading
  • • ZAR accounts and local SA deposit/withdrawal options
  • • Islamic (swap-free) and tiered account types
  • • 24/5 multilingual support

    • Cons

  • • Lacks tier-1 regulation
  • • Wider spreads than ECN brokers
  • • No investor compensation scheme
  • • Bonus promotions with restrictive terms
  • • High minimum deposits for premium accounts

    • Key Features

  • • FSCA Regulation South Africa
  • • Segregated Client Funds
  • • MetaTrader 4 and CMTrading WebTrader
  • • CopyKat Social Copy Trading
  • • Guardian Angel Risk Management Tool
  • • CFDs on Forex Indices Commodities Shares Crypto

    • Similar Brokers

    Where This Broker Ranks

    CMTrading is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

    Affiliate disclosure: Some links are affiliate links. We may earn a commission if you sign up, at no extra cost to you. This helps keep BrokerCatalogue running and does not change how we rate or compare brokers.

    Frequently Asked Questions

    CMTrading operates through licensed entities in some regions. You should review the legal documents on its site, including terms, disclosures, and risk summaries. Then cross-check the company name and license details on the public register of the stated authority. Make sure you open an account with the entity that serves your country. Protections, complaints processes, and leverage policies can differ by entity. If anything is unclear, contact support and ask for the exact legal name. This content is general information only.

    CMTrading offers contracts for difference on major and minor currency pairs, precious metals, energies, equity indices, and selected shares. Some locations also list digital assets as CFDs. You trade price moves rather than own the asset. You can go long or short, subject to margin and risk controls. Market availability depends on your account entity and region. Product details include trading hours and financing rules. Review the instrument list and risk notices before you start.

    Your total cost can include spread markups, per-trade commissions on some instruments, overnight financing for positions held past market close, and currency conversion charges. Some accounts may have inactivity or withdrawal processing fees. Costs vary by instrument, account type, and the entity that onboards you. The live fee schedule and product disclosure explain how each charge applies. You should also consider slippage and market impact in fast markets. Review costs before placing an order.

    CMTrading supports web, desktop, and mobile trading. You get interactive charts, multiple order types, watchlists, alerts, and risk controls such as stop and limit orders. The broker also offers education, market commentary, and a practice environment where you can test the platform with virtual funds. Availability of features can differ by account entity and region. For integrations and API access, confirm compatibility and any related fees with support before you commit.

    You can fund your account by card, bank transfer, or approved payment services, depending on your region. The account name must match your personal details. The firm may request identity checks and proof of source of funds. Withdrawals usually return to the original method under anti-money laundering rules. Processing times and third-party fees can vary by provider. Choose a base currency that fits your needs to reduce conversions. Contact support for limits and required documents.

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