This CM Trading review covers the broker’s regulatory framework, trading platforms, asset classes, and account features. CM Trading is a South Africa-based forex and CFD broker catering to both beginner and intermediate traders with MetaTrader 4, copy trading tools, and high-leverage accounts. Its user-friendly features and educational content make it popular among African and global traders alike.

Regulation and Safety

CM Trading is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa:

• FSCA License No. 38782 – Blackstone Marketing SA (Pty) Ltd

As an FSCA-regulated broker, CM Trading maintains the following client safety measures:

• Segregated client funds with local South African banks
• Mandatory KYC and AML compliance
• Negative balance protection for all account types
• No compensation scheme (FSCA does not mandate one)

Execution Model and Trading Platforms

CM Trading uses a hybrid Market Maker/STP model. Execution features include:

• MetaTrader 4 (MT4): Full desktop, mobile, and web-based access
• CopyKat: Social and copy trading platform
• Sirix WebTrader: Alternative browser-based platform with integrated social feed

Slippage control, one-click trading, and Expert Advisor support are available on MT4. No FIX API or VPS is offered.

Markets and Instruments

CM Trading offers CFD trading on a moderate range of instruments:

• Forex – 50+ currency pairs
• Indices – US500, NAS100, GER30, JPN225
• Commodities – Gold, Oil, Silver, Natural Gas
• Stocks – US and EU equities like Apple, Tesla, Amazon
• Cryptocurrencies – BTC, ETH, LTC, XRP (via CFDs)

CFDs allow for long and short positions on all instruments. Leverage and spreads vary by asset.

Accounts, Spreads and Leverage

CM Trading offers four account types with tiered benefits:

• Bronze: $100 minimum, spreads from 1.5 pips, no commissions
• Silver: $1,000 minimum, trading signals included
• Gold: $10,000 minimum, tighter spreads, priority support
• Premium: $25,000+, custom services, VIP education

Additional trading conditions:

• Maximum leverage: Up to 1:200
• Stop-out level: 50%
• Islamic accounts available on request

Funding and Base Currencies

CM Trading supports a wide range of funding methods:

• Bank transfers (local and international)
• Credit/debit cards (Visa, Mastercard)
• eWallets – Neteller, Skrill, Fasapay
• Crypto – Bitcoin, USDT
• Base currencies: USD, ZAR, EUR

Deposits are instant for cards and wallets. Withdrawals are processed in 1–2 business days with no internal fees.

Client Protections and Features

CM Trading emphasizes risk management and trader education:

• Negative balance protection for all clients
• Risk-free demo accounts with $10,000 virtual balance
• CopyKat social trading platform with leaderboards
• Integrated economic calendar and market news
• Biometric login for mobile apps

Educational resources include webinars, eBooks, and daily trading signals.

Institutional and Retail Offering

CM Trading is primarily retail-focused but offers limited institutional access:

• Retail: MT4 access, CopyKat, flexible accounts, ZAR deposits
• Professional: Custom account managers and analytics tools
• Institutional: No FIX API, MAM/PAMM, or white-label services publicly listed

Referral programs and IB partnerships are available for affiliates and local representatives.

Pros and Cons

Pros

• FSCA regulation and segregated client funds
• Supports ZAR deposits and withdrawals
• Social trading via CopyKat platform
• Multiple account types and risk protection
• Crypto, forex, and stock CFD access

Cons

• Limited regulatory scope outside South Africa
• No MetaTrader 5 or proprietary platform
• No FIX API or institutional-grade tools
• High spreads on entry-level accounts

Frequently Asked Questions

Is CM Trading regulated?

Yes, CM Trading is regulated by the FSCA in South Africa under license number 38782.

What is the minimum deposit to open an account?

The minimum deposit is $100 for a Bronze account, which is the entry-level option.

What platforms does CM Trading offer?

Clients can trade via MetaTrader 4, CopyKat (social trading), and Sirix WebTrader.

Does CM Trading offer cryptocurrency trading?

Yes, CM Trading offers CFDs on cryptocurrencies including Bitcoin, Ethereum, and Ripple.

Is social or copy trading available?

Yes, social trading is available through CM Trading’s CopyKat platform, which mirrors top traders’ strategies.