1. Home
  2. Compare Forex Brokers
  3. CM Trading review

CM Trading Review

  • Regulated by: FSP 3878
  • Safety: segregates client funds
  • Trust Rating: D
Open CM Trading's Website

Losses can exceed deposits. Your capital is at risk.

CM Trading two ways: Forex, Social Trading.

To open a live account, you’ll need a minimum deposit of at least $250. Alternatively, CM Trading offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by . CM Trading puts all client funds in a segregated bank account and uses tier-1 banks for this. CM Trading have been established since 2011, and have a head office in Seychelles.

Before we dive into some of the more detailed aspects of CM Trading’s spreads, fees, platforms and trading features, you may want to open CM Trading‘s website in a new tab by clicking the button below in order to see the latest information directly from CM Trading.

Open a demo account Visit CM Trading

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.

CM Trading screenshot

PROS

  • Segeregates client funds
  • Established in 2011
  • Regulated by FSP 3878
  • Min. deposit from $250

CONS

What are CM Trading's spreads & fees?

Like most brokers, CM Trading take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on CM Trading’s website. The colour bars show how competitive CM Trading’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, CM Trading's minimum spread for trading EUR/USD is 2.6 pips - which is relatively high compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with CM Trading vs. similar brokers.

See all Spreads Your capital is at risk.

How much does CM Trading charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with CM Trading at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

CM Trading Plus500 AvaTrade
Spread from: $0.00 $6.00 $7.00
Typical overnight fee: $0.00 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $0 $15.4 $12
$15.40 more $12.00 more
Visit CM Trading Visit Plus500 Visit AvaTrade

Your capital is at risk. All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018.

General Fees

  • CM Trading doesn’t charge inactivity fees*
  • CM Trading doesn’t charge withdrawal fees*

Commissions

  • CM Trading doesn’t charge commission on CFD shares

What can you trade with CM Trading?

FX / Currencies CM Trading Plus500 AvaTrade
# of forex pairs offered 28 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs CM Trading Plus500 AvaTrade
# of commodities offered 6 17 16
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs CM Trading Plus500 AvaTrade
# of Stocks offered 0 1816 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See CM Trading's Instruments See Plus500's Instruments See AvaTrade's Instruments
Your capital is at risk.

What’s the CM Trading trading experience like?

1) Platforms and apps

CM Trading offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. CM Trading also offer their custom CM Trading CopyKat platform.

CM Trading Screenshot See CM Trading's Platforms

CM Trading also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See CM Trading's platforms Your capital is at risk.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

CM Trading allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As CM Trading offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, CM Trading offer margin up to 0.005 on currencies.

Finally, we’ve listed some of the popular funding methods that CM Trading offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Neteller

3) Client support

CM Trading support a wide range of languages including English, Spanish, Chinese, Arabic, Indonesian

CM Trading have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

4) What you’ll need to open an account with CM Trading

As CM Trading is regulated by FSP 3878, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore CM Trading’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with CM Trading you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.cmtrading.com on March 21, 2018.