We appreciate every single review we receive, they help us grow and do better as a company. Having said that, we will not entertain reviews that are not based on true facts and simply aim to hurt our reputation. While we were processing your request, we had some concerns that your trading activity may have violated our terms and conditions, therefore we carefully checked your account, which we are more than allowed to do. Once all doubts were removed, the withdrawal of your profits was processed back to you without any issues. You expressed to him that you were interested in automated trading, which in our company is called CopyKat. After that i start sending email by email everyday to get out my IB Commission money, they paid me USD1,417 on 16 Oct 2019.

MT4 was established by a Russian company called MetaQuotes exactly 15 years ago, in 2005. More than 90 percent of all brokers are using this trading platform as of today. CM Trading uses the very popular MetaTrader 4 as one of their platforms. It does have to downloaded as a software package, but is nevertheless very easy.

An inactivity fee of $15 per month will also be charged after 90 days of inactivity in any account. CMTrading supports the popular MT4 trading platform and has an extensive selection of expert advisor software that traders can use for automating their trading ideas or for trade signal generation. CMTrading offers traders the core MT4 trading platform and the Sirix Web Trader. After I complained, he stopped his unprofessional behavior but it was not long before he started again.

What Can I Trade?

The FSB does not have the amount of reputation that other regulatory agencies possess, which can act as a hindrance to the company while advertising their services to the global pool of retail traders. Expectedly, the US market remains closed to CM Trading, and EU traders will also find it difficult to garner enough support from the broker due to the absence of an EU regulation. CM Trading offers two trading platforms MetaTrader top trading strategies forex 4 and Sirix WebTrader. MT4 is the most popular trading platform in the world and offered by most brokers. Sirix WebTrader is only offered by a very few brokers and is designed specifically for web browsers; more experienced traders may find it limited in functionality. There are different types of trading platforms in the Forex trading industry, where most brokers choose to stick to a popular trading platform to save costs.

Also, the broker has a special page of Q&A where you can find most of the information that might be important for investors. The website of this Forex broker looks very good, the design is very modern and information on the website can be accessed very easily. The broker makes sure that no matter what type of information you are looking for, you can find fusion markets review it at the website of this Forex broker very easily. You can trade precious metals like Silver, Gold, and many others at this Forex broker. After an initial browse of their website we were pleased to see they have a whole page dedicated to the regulations they comply with, rather than having it written in small print at the bottom of every page.

South African traders will be required to deposit into the Nedbank account, with account details provided on the deposit page. In a similar fashion, European clients are welcome to deposit at Global Capital Markets Trading Limited at TBI Bank, in Sofia Bulgaria. The broker’s support of the popular MT4 trading platform lets many seasoned traders use an excellent platform they’re already very familiar with that has versions for desktop, web and mobile devices.

What CM Trading Forex brokers have to offer

In the world of Forex, Islamic accounts a halal trading account, which is offered to clients who respect the beliefs of the Quran and wish to invest in the world of Forex. As our review of broker CM Trading shows, this company offers an Islamic trading account. It is also known as the swap-free account, which means that the investors using this account will not have to pay or receive any type of interest. As CM Trading review shows, the silver account is the most popular among the users of this broker.

The bonus is listed as a time-limited promotion, so it’s possible that it will not be available when you deposit. Other limited-time promotions are also available but they all come with Terms And Conditions, so we recommend reading them before accepting a bonus or any other promotion. To conclude, CM Trading is all right, but nothing outstanding, innovative or never seen before. The trading conditions are fair, the brokerage is regulated and has enough experience under the belt, but that being said, there are better options available. On the other hand, if you are a relatively new trader who just wants to copy more experienced users, you will not like the professional look of the slightly more complicated Meta Trader 4. But, no matter what you like, CM Trading offers it, so both types of traders are satisfied.

Spread & Commission

Despite being a relatively newer regulatory organisation, the FSB has formulated several policies and guidelines that are aimed at enhancing investor safety. Security of funds is guaranteed through the segregation of accounts, along with routine auditing requirements that promote financial transparency among companies. The blog at CMTrading offers quality research notes where traders may find actionable trading ideas.

Please visit our LiveChat service or send an email to for immediate assistance to access your account. You can visit our LiveChat service or send an email to for immediate assistance to access your account. As well as the automated feedback on how you trade (the “Guardian Angel” system), with market volatility indications and Stop Loss calculator . And of course, it is of utmost importance to come up with a strategy that effectively utilizes Forex trading signals, and makes sure it suits the individual trading goals. It will definitely aid the success if you remain disciplined, calculated and patient as you follow through with the strategy. Trading is a long-term activity, so it’s best to not trade on emotions or beyond the means to ensure continued growth.

From calculating a pips, leverage trading models to managing position in Forex trading. A number of payment methods are accepted including wire and bank transfer, debit and credit cards, CashU, Neteller, and Fasapay. Are you looking for a broker with years of experience, or would you prefer a broker who is more of a newcomer? CM Trading is the brand name of Global Capital Markets Trading Ltd, a company with its operating centre based in the Seychelles. This broker is one of the newcomers, having only been established in 2011.

CMTrading compares favorably with competitors for CFD and forex trading, and the broker has won many recent awards for its offerings, including its excellent customer service. Trading Central gives traders access to daily newsletter updates, a research platform and premium analytics. On the downside, CMTrading charges an inactivity fee but has a minimum deposit of $100 which is inline with similar platforms. Like most brokers, CM Trading offers a free demo account so new traders can get a feel for the trading platforms and an understanding of the assets to trade.

In recognition of our efforts, we have won various awards, among them Best Financial Broker Africa for 5 consecutive years . When you first open an account with CM Trading there are a few bonuses available. The book includes lessons on how to analyze market information, ayondo review understand Forex quotes, how to calculate the value of trades and create daily profits from the markets. In order to apply for the book your initial deposit will have to be at least $250. If you deposit $500 or more there is a 20% bonus waiting, up to $1,000.

Are you looking for a forward thinking partner to help you with your Forex trading endeavors? Keep reading this CM Trading review and you might find exactly what you’re looking for and possibly more. But first, let’s briefly look at some of the benefits you can expect to enjoy. CM Tradingdoes offer anIslamic, Swap-free Accountoption that is 100% compliant with Islamic, Sharia Law. A CM Trading Islamic, Swap-Free account can be opened with broker assistance.CM Tradingoffers Extended Swap-free status by default to all applicable trading accounts. TheCM Trading Silver Accountoffers similar features to the Bronze Account, with additional benefits offered.

MT4 lets you automate your forex and CFD trading via EAs, develop custom indicators, backtest trading strategies and participate in social trading through CMTrading. The processing time for withdrawals is up to 3 business days, but expect more time to pass until the money will reach your personal account . The methods are wire transfer, credit/debit card, and e-wallets (keep in mind that the type of e-wallet depends on the client’s location). CMTrading provides a risk-free trade option to its traders, which include one risk-free trade for Standard accounts, two risk-free trades for Executive accounts, and three risk-free trades for Gold accounts. The FSB hasn’t outlined any policies that prohibit bonuses, unlike its EU and US counterparts, which gives the freedom to brokers to follow several promotional strategies to attract new traders.

Brokers By Platforms

This means that all CM Trading clients are protected by the strict set of guidelines and requirements enforced by these regulatory bodies and their jurisdictions. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness.

The ECN Platinum Account is a market execution account with spreads starting at 0.1 pips on the EUR/USD, and a commission of 10 USD per lot traded. As you can see from the table above, in most cases CM Trading’s trading costs are built into the spread – though the two ECN accounts have a relatively high commission in exchange for tighter spreads. Spreads are variable at CM Trading, meaning that they will get wider or tighter depending on trade volume and market volatility. CMTrading is based out of Johannesburg and operates under the FSB for all Forex trading related activities. The broker’s payment systems and credit card processing are done via its sister concern based out of Cyprus, but all funds are transacted under the watchful eyes of the FSB and the CySEC.

MetaTrader is an immensely powerful trading system, allowing for 3 execution modes and 8 order types. It also allows a host of social functions, from the trading signals to algorithmic trading to financial news reports, with over 50 analytical tools to use. There’s also a news and alert systems to help stay updated of the market anytime, anywhere.

CM Tradings Educational Content

Overall it’s a good selection but don’t expect to become some sort of market guru after going through their material. All indications point towards CM Trading being a respectable broker, but of course, we can never rule out the possibility of a scam, and this applies to almost all brokers. CM Trading hosts weekly webinars on a range of subjects, recent webinars include the Psychology of Trading and Trading Cryptocurrencies. These webinars are simple to register for and, once more, you do not have to be a CM Trading customer to access them. The educational content available at CM Trading is comparable to that found at other African brokers but falls behind when compared to the education available at large international brokers. CM Trading clients who opt to use the Sirix WebTrader platform will also receive access to Sirix CopyKat, Sirix’ copy trading tool.

With all those amazing features, there’s the very little wonder it’s the users favorite. CM Trading might be located on the other side of the world from your home but they promise to be there by your side to make your trading experience more enjoyable. All their options are competitive with other brokers, and even though it is a relative newcomer to the world of Forex trading is rapidly catching up with the well-established competition.

My question is, was he treating me like garbage because I had invested a small amount of money? I believe that a company should treat all customers with respect irrespective of their financial capabilities. I have tried to start trading with CMTrading again but when I remember Eddy Banks, I feel very discouraged.

Many South African traders have had problems using unlicensed brokers, and it is nice to see a broker that is safe for Forex traders in South Africa. The most popular trading signals nowadays are copy trading or what some brokers call social trading. Recently, CMTrading moved its entity to an offshore zone Seychelles, which luck in regulation requirement and can not guarantee a safe trading environment. Premium Account designed for professionals with a deposit from 25,000$ and is the powerful feature with full service from the broker, alike support, Webinars, Same day withdrawals. As well as 3 Risk-Free Trade and 2 Trading Strategies to perform better trading.

Then on Nov 2019, i bring more deposited clients to them to complete the target. Then the story BEGIN, they called me and talk very rudely said they wont paid this IB money no matter what. Don’t get fooled into using them due to their low spreads, they screw you in the end if you make money. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Foreign Exchange and CFD Trading are leveraged products that involve a significant risk of loss. The trader is liable to either a portion of the entire loss of margin deposit if proper consideration of the risks, as well as fundamentals, are not fully considered in trading.

You can also use EAs via MT4 mobile and get additional compatible trading apps on your mobile device. Although in the past this broker charged an inactivity fee, during our latest visit we did not manage to locate such a fee anymore. Deposit and withdrawal fees can get a bit confusing and we advise that you ask for further clarification from CM Trading . Support is available through phone, email and live chat; we’ve tested the latter and it was satisfactory, with polite reps that answered questions in a helpful manner. As we know, scam brokers usually “survive” a few short years before disappearing into the sea of forgotten names, because clients realize fairly quickly they are dealing with fraud and stop sending them money.