Abstract:CM Trading is a Forex and CFD broker to enable every trader to reach their full potential and trade like a pro. CM Trading offers various free training videos, webinars, technical analysis, and e-books designed to get clients up to speed on Forex. CM Trading is regulated by the Financial Sector Conduct Authority.
General Information & Regulation
GCMT LTD Trading as CMTRADING, is a Securities Dealer registered in Seychelles with registration number 8425982-1 and authorised by the Financial Services Authority (FSA) with licence number SD070. Registered office: Block B, No. 6, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles.
Market Instruments
Tradable financial instruments offered by CM trading to investors include popular currency pairs in the Forex market, commodities, index trading, and CFD expiration dates.
Minimum Deposit
CM trading offers four different types of trading accounts: Bronze ( deposit of $250-$999 ), Silver (deposit of $1,000-$9,999), Gold (deposit of $10,000-$99,999), and Premium (deposit of$100,000+). CM Trading requires an initial deposit of $250 as start, which seems affordable for most regular traders.
CM trading Leverage
In terms of trading leverage, the maximum trading leverage for forex instruments is up to 200:1. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
Typical spreads on the CM trading platform are 1.5 pips for the EURUSD pair, 2.6 pips for the EURGBP pair, 50 pips for Gold, 4.6 pips for Silver, 23 pips for S&P 500, and 25 pips for NASDAQ 100.
Trading Platforms
CM trading provides traders with three different trading platforms, the most popular MT4 trading platform, Sirix trading platform, and Forex trading app, to meet the different needs of traders.
Deposit & Withdrawal
CM trading supports traders to deposit and withdraw funds through various methods, such as VISA, MasterCard, Trustwave, Neteller, FasaPay, UPayCard, etc.
CMTrading Disadvantages Include:
1. False-allegedly regulation
2. Relatively high spreads
3. High initial deposit requirements
4. The official website available in three languages only