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CM Trading Review

Overall, CM Trading is very competitive in terms of its trading fees and spreads. Their spread is super low compared to other FSCA regulated brokers, there are no hidden trading fees, and commission with a Premium account is very straightforward. CM Trading is currently not regulated by the CMA of Kenya

Updated : August 30, 2022

Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD100

Regulators

FSA

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

154

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

on CM Trading’s website

🏛️ HeadquarteredSouth Africa
🏛️ Nigerian Based OfficeNo
👍 Accepts Nigerian Traders?Yes
📅 Year Founded2012
📱 Nigerian Office Contact NumberNone
⚖️ RegulationFSA, FSCA
🔎 License NumberSeychelles – SD070
South Africa – 2013/045335/07 and FSP 38782
⚖️ CBN RegulationNone
✴️ Regional RestrictionsThe United States, Hong Kong, Israel, EU regions
☪️ Islamic AccountYes
📈 Demo AccountYes
📈 Retail Investor Accounts4
📊 PAMM AccountsNo
📊 Liquidity ProvidersAnonymous
💰 Affiliate ProgramYes
📊 Crypto trading offered?Yes
🚀 Offers a Nigerian Account?No
💻 Dedicated Nigerian Account Manager?No
📈 Maximum Leverage1:200
📈 Leverage Restrictions for Nigeria?No
💳 Minimum Deposit (₦)41,700 Nigerian Naira (equivalent to $100)
💳 Nigerian Naira Deposits Allowed?Yes
💰 Active Nigerian Trader Stats1.3 million
📈 Active Nigerian-based CM Trading customersUnknown
💰 Nigeria Daily Forex Turnover370,000+
💳 Deposit and Withdrawal OptionsBank Wire Transfer
Bank Transfer
OZOW
Electronic Fund Transfer (EFT)
Skrill
Neteller
Credit Card
Debit Card
MPesa
Local Mobile Money Cryptocurrencies
💰 Segregated Accounts with Nigerian Banks?No
💻 Trading PlatformsMetaTrader 4, CM Trading Web, CopyKat, Expert Advisors, Trading apps
💰 Tradable Assets• Currency trading
• Stocks
• Indices
Cryptocurrencies
• Commodities
• CFDs
🌐 Offers USD/NGN currency pair?No
🌐 USD/NGN Average SpreadN/A
📈 Offers Nigerian Stocks and CFDsNone
👨‍💼 Languages supported on WebsiteEnglish, Arabic
👥 Customer Support LanguagesMultilingual
👥 Customer Service Hours24/5
👥 Nigerian-based customer support?No
💰 Bonuses and Promotions for NigeriansNone
✴️ Education for Nigerian beginnersYes
📊 Proprietary trading softwareYes
💰 Most Successful Nigerian TraderUche Paragon ($20 million net worth)
✔️ Is CM Trading a safe broker for Nigerians?Yes
✔️ Rating for CM Trading Nigeria8/10
✔️ Trust score for CM Trading Nigeria91%
👉 Open an account👉 Open Account

CM Trading Overview

CM Trading Review Overview

👉 CM Trading is a South African-based broker that offers some of the best retail trading accounts to Kenyan traders. In addition to its comprehensive trading solutions, CM Trading has a large market share in Kenya.

 

👉 In addition to being one of the most creative Forex brokers in the world, CM Trading is also the biggest Forex broker in South Africa. CM Trading is a foreign exchange trading services broker that accepts Kenyan traders even though the Capital Markets Authority (CMA) does not regulate the broker.

 

👉 Markets such as currencies, stock indexes, and commodities can be traded across powerful trading platforms offered by CM Trading. Energies, metals, and agricultural commodities are all available for commodity traders along with several other instruments for crypto and forex traders.

 

👉 International and worldwide customers can benefit from a broad range of modern trading solutions in addition to the company’s primary focus on Africa. CMTrading’s innovative trading platforms and unmatched liquidity are available to all levels of traders.

 

👉 This CM Trading review will provide traders with the details that they need to consider whether the broker is suited towards their unique trading objectives and needs.

 

Distribution of Traders

CM Trading Review Distribution of Traders

 

👉 The distribution of traders with CM Trading is as follows:

➡️️​ South Africa – 50.7%

➡️️​ Kenya – 24%

➡️️​ Kenya – 15.2%

➡️️​ Bulgaria – 1.3%

➡️️​ Germany – 0.7%

 

Popularity among traders who choose CM Trading

🥇 While CM Trading is not based in Kenya, the broker has a market share of over 15% in the country, making it one of the Top 10 brokers that accommodate Kenyan retail traders and institutional investors.

VIDEO 

CM Trading at a Glance

🏛 HeadquarteredSouth Africa
🏙 Kenyan Based OfficeNo
✅ Accepts Kenyan Traders?Yes
🗓 Year Founded2012
📞 Kenyan Office Contact NumberNone
🤳 Social Media Platforms• Facebook
• Twitter
• WhatsApp
• Instagram
• YouTube
• LinkedIn
⚖️ RegulationFSA, FSCA
🪪 License Number• Seychelles – SD070
• South Africa – 2013/045335/07 and FSP 38782
⚖️ CMA RegulationNo
🚫 Regional RestrictionsThe United States, Hong Kong, Israel, EU regions
☪️ Islamic AccountYes
💻 Demo AccountYes
🛍 Retail Investor Accounts4
📊 PAMM AccountsNo
🤝 Liquidity ProvidersNone Indicated
💸 Affiliate ProgramYes
📲 Order ExecutionMarket
📊 Average spreadFrom 0.9 pips
📞 Margin CallFrom 20%
🛑 Stop-OutUnknown
Crypto trading offered?Yes
💰 Offers a Kenyan shilling Account?No
👨‍💻 Dedicated Kenyan Account Manager?No
📊 Maximum Leverage1:200
🚫 Leverage Restrictions for Kenya?No
💰 Minimum Deposit (KES)11,400 KES or an equivalent to $100
✅ Kenyan shilling Deposits Allowed?Yes
📊 Active Kenyan Trader Stats70,000+
👥 Active Kenyan-based CM Trading customersUnknown
💳 Kenya Daily Forex Turnover$100 million+
💵 Deposit and Withdrawal Options• Bank Wire Transfer
• Bank Transfer
• OZOW
• Electronic Fund Transfer (EFT)
• Skrill
• Neteller
• Credit Card
• Debit Card
• MPesa
• Local Mobile Money
• Cryptocurrencies
🏦 Segregated Accounts with Kenyan Banks?No
📊 Trading Platforms• MetaTrader 4
• CM Trading Web
• CopyKat
• Expert Advisors
• Trading apps
✔️ Tradable Assets• Currency trading
• Stocks
• Indices
• Cryptocurrencies
• Commodities
• CFDs
💸 Offers USD/KES currency pair?No
📈 USD/KES Average SpreadN/A
📉 Offers Kenyan Stocks and CFDsNo
🗣 Languages supported on WebsiteEnglish, Arabic
📞 Customer Support LanguagesMultilingual
⏰ Customer Service Hours24/5
👥 Kenyan-based customer support?No
✅ Bonuses and Promotions for KenyansNo
📚 Education for Kenyan beginnersYes
📱 Proprietary trading softwareYes
💰 Most Successful Kenyan TraderPatrick Mahinge (Net Worth – Private)
✅ Is CM Trading a safe broker for Kenyans?Yes
📊 Rating for CM Trading Kenya8/10
🤝 Trust score for CM Trading Kenya91%
👉 Open an account👉 Open Account

Regulation and Safety of Funds

CM Trading Review Regulation And Safety

👉 Its trading systems are safe and secure, and it offers clear terms to all traders since CM Trading is a fully regulated broker. CM Trading operates through the following companies:

➡️️​ GCMT South Africa Pty Ltd with registration number 2013/045335 and Financial Service Provider number 38782 under Blackstone Marketing Pty Ltd (2010/010099/07).

➡️️​ GCMT Limited (CM Trading) is regulated and registered in Seychelles under 8425982-1, with regulation and authorization through the FSA in Seychelles under SD070.

➡️️​ Client money is held in segregated accounts to guarantee that they are not utilized for any other reason, but exclusively for the trading of the client’s account Clients must be able to access their funds whenever they choose.

Account Types and Features

CM Trading Review Account Types

👉 For individual investors, CM Trading provides some of the greatest trading conditions in the market, which are split among four different accounts. Various traders have different requirements and goals when it comes to their trading accounts, which is why we offer so many different types.

👉 CM Trading provides the following kinds of accounts:

➡️ Bronze Account

➡️ Silver Account

➡️ Gold Account

➡️ Premium Account

Live Trading Accounts

Bronze Account

CM Trading Review Bronze Account

👉 This is the basic account type offered by BDSwiss, providing Kenyan traders with some basic features, including:

Account FeatureValue
💰 Minimum Deposit11,400 Kenyan shilling equivalent to $100
💵 Maximum Deposit114,000 Kenyan shilling equivalent to $999
✔️ Demo AccountYes
📚 Educational materialsYes, Trading eBook, Webinars
✍️ Market ReviewsYes
📊 Spreads fromRegular spreads

Silver Account

CM Trading Review Bronze Account

👉 This is a popular account option as it offers more competitive trading conditions, risk-free trading, and live trading signals, in addition to several other features.

Account FeatureValue
💰 Minimum Deposit114,500 Kenyan Naria equivalent to $1,000
💵 Maximum Deposit1,145,000 Kenyan shilling equivalent to $9,999
✔️ Demo AccountYes
📚 Educational materialsYes, Trading eBook, Webinars
✍️ Market ReviewsYes
📊 Spreads from1.2 pips EUR/USD
🚨 Live Trading SignalsYes
✔️ Risk-Free Trades offered
1 Risk-Free Trade
👥 Personal Assistant offered?Yes
🚨 Trading Central Trading SignalsYes
📈 Trading Central Live Trading SignalsYes

Gold Account

CM Trading Review Gold Account

👉 This is a more advanced account that provides better trading conditions than previous accounts. This makes the Gold Account perfect for Kenyan day traders, high-volume traders, and scalpers, among other trading styles.

Account FeatureValue
💰 Minimum Deposit1,145,000 Kenyan shilling equivalent to $10,000
💵 Maximum Deposit11,454,000 Kenyan shilling equivalent to $99,999
✔️ Demo AccountYes
📚 Educational materialsYes, Trading eBook, Webinars
✍️ Market ReviewsYes
📊 Spreads from0.9 pips
🚨 Live Trading SignalsYes
✔️ Risk-Free Trades offered
3 Risk-Free Trade
👥 Personal Assistant offered?Yes
🚨 Trading Central Trading SignalsYes
📈 Trading Central Live Trading SignalsYes
💸 Cashback RebatesYes
✔️ Access to ECN?Yes

Premium Account

CM Trading Review Premium Account

👉 This is the professional option for seasoned traders who trade high volumes and who are well-versed in managing their trading risks. This account is the best account type that offers the most benefits and some of the best trading conditions.

Account FeatureValue
💰 Minimum Deposit114,000,000 Kenyan shilling and more (equivalent to $100,000+)
💵 Maximum DepositNone
✔️ Demo AccountYes
📚 Educational materialsYes, Trading eBook, Webinars
✍️ Market ReviewsYes
📊 Spreads from0.9 pips
🚨 Live Trading SignalsYes
✔️ Risk-Free Trades offered
3 Risk-Free Trade
👥 Personal Assistant offered?Yes
🚨 Trading Central Trading SignalsYes
📈 Trading Central Live Trading SignalsYes
💸 Cashback RebatesYes
✔️ Access to ECN?Yes

Demo Account

CM Trading Review Demo Account

👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

👉 There is a certain degree of risk involved when trading financial markets and CM Trading offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

How to Create a Demo Account

👉 Step 1 – Go to the official CM Trading website 

➡️ Go to www.cmtrading.com and click on “Sign Up” in the top left corner. 

CM Trading Review Demo Account Registration Step 1

👉 Step 2 – Fill Out Your Personal Details

➡️ Fill out your personal details and click on “Submit” 

CM Trading Review Demo Account Registration Step 2

👉 Step 3 – Click on “Demo” 

➡️ Click on “Demo” and then on “Add Account” 

CM Trading Review Demo Account Registration Step 3

👉 Step 4 – Fill Out Your Personal Details

➡️ Fill out your personal details and click on “Submit” 

CM Trading Review Demo Account Step 4

Islamic Account

CM Trading Review Islamic Account

👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.

👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.

👉 CM Trading is an Islamic forex broker that complies with all Sharia law and Islamic finance concepts. CM Trading provides swap-free trading accounts for Muslim investors who want to avoid paying swap fees and interest on overnight holdings.

👉 In addition, only Shariah-compliant financial products are accessible to Muslim traders who use an Islamic swap-free account; therefore cryptocurrencies and equities are not available for trading.

Account Registration

CM Trading Review Account Registration

👉 To open an account with CM Trading, traders in Kenya must first fill out a brief online application. To complete the application, traders must validate their email addresses and show proof of their identification and residency by uploading a government ID or passport and utility bill, respectively.

👉 Customers can fund their CM Trading account using a variety of deposit alternatives after their information and papers have been validated.

 

How To Register An Account 

👉 Step 1 – Go to the official CM Trading website 

➡️ Go to www.cmtrading.com and click on “Sign Up” in the top left corner. 

CM Trading Review How to Register An Account Step 1

👉 Step 2 – Fill Out Your Personal Details

➡️ Fill out your personal details and click on “Submit” 

CM Trading Review Account Registration Step 2

👉 Step 3 – Verify Your Account

➡️ Your account has now been created. Click on your name in the top right corner, and click on “Verify Centre” to verify your account. 

CM Trading Review How to Register An Account Step 3

CM Trading Vs Tickmill Vs AvaTrade – Broker Comparison

AvaTradeJustForexXM
⚖️ RegulationFSA, FSCASeychelles FSA, FCA, CySEC, Labuan FSA, FSCACentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA
📱 Trading Platform• MetaTrader 4
• CM Trading Web
• CopyKat
• Expert Advisors
• Trading Apps
• MetaTrader 4
• MetaTrader 5
• AvaTradeGO
• AvaOptions
• AvaSocial
• MetaTrader 4
• MetaTrader 5
• DupliTrade
• ZuluTrade
💰 Withdrawal FeeYesNoNo
📊 Demo AccountYesYesYes
📈 Minimum Deposit11,400 KES11,400 KES11,400 KES
📈 Leverage1:200
1:5001:400
📊 SpreadFrom 0.9 pipsVariable, from 0.0 pipsFixed, from 0.9 pips
💰 CommissionsNoneFrom $1None
✴️ Margin Call/Stop-OutFrom 20%100%/30%25%/10%
✴️ Order ExecutionMarketMarketInstant
💳 No-Deposit BonusNoYesNo
📊 Cent AccountsNoNoNo
📈 Account Types• Bronze Account
• Silver Account
• Gold Account
• Premium Account
• Pro Account
• Classic Account
• VIP Account
• Standard Live Account
• Professional Account Option
⚖️ CMA RegulationNoNoNo
💳 KES DepositsYesNoNo
📊 Kenyan shilling AccountNoNoNo
👥 Customer Service Hours24/524/524/5
📊 Retail Investor Accounts431
☪️ Islamic AccountYesYesYes

Overall Rating

Min Deposit

USD100

Regulators

FSA

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

154

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

on CM Trading’s website

Trading Platforms

CM Trading Review Trading Platoforms

👉 CM Trading supports the use of these robust and innovative trading platforms:

➡️ MetaTrader 4

➡️ CM Trading Web

➡️ CopyKat

➡️ Expert Advisors

➡️ Trading apps

Desktop Platforms

CM Trading Review MetaTrader

➡️ MetaTrader 4

➡️ Expert Advisors

👉 MetaTrader 4 (MT4) is the most sophisticated and widely used trading platform in the world. As a newbie or an experienced trader, MetaTrader4 is the ideal platform for Kenyan traders. At all levels, it is simple to use and performs precisely what traders want it to.

 

👉 Meta Editor is also supplied with each MT4 platform. MQL’s proprietary programming language, Meta, has its own compiler, the Meta Editor.

 

👉 Meta Trader 4 is pre-loaded with two EAs for traders who do not know how to program or do not want to create their own EA strategies. Additional EAs may be found on the MQL user site via a link in MT4.

WebTrader Platforms

CM Trading Review Desktop Platforms

➡️ MetaTrader 4

➡️ CM Trading Web

➡️ CopyKat

➡️ Expert Advisors

 

👉 For every trading strategy, CM Trading’s MetaTrader 4 platform is the best option available. In addition to providing all the necessary assistance and tools for EA trading, it also enables trading methods like hedging and scalping. Using Technical Analysis to execute trades quickly and efficiently necessitates these components.

 

👉 For currency traders, CM Trading WebTrader is a significant benefit since it enables them to trade from their mobile devices such as smartphones and tablets without having to download or install any software.

 

👉 With just a single click, traders can easily access a wide range of currencies and markets using CM Trading’s WebTrader, with the benefit that it works with a range of Internet browsers.

 

👉 Kenyan traders can watch, study, and duplicate successful traders’ sophisticated tactics with CMTrading’s CopyKat. Regardless of the trader’s level of trading experience, they can easily trade like an expert instantly.

 

👉 Lastly, automated trading on the MetaTrader 4 platform is offered using Expert Advisors (EA). The MQL programming language, developed specifically for automated trading, is used to generate EAs.

 

Trading App

CM Trading Review Trading Apps

➡️ MetaTrader 4

 

👉 With MetaTrader 4, Kenyan traders can easily make use of all the modern trading features. It is very adaptable and mobile. Thus, the MT4 mobile trading option allows investors to access the trading platform straight from their tablets and smartphones.

 

👉 The trading platform, as well as the maintenance of numerous trading accounts, can easily be accessed at any given time from anywhere in the world.

Range of Markets

CM Trading Review Range of Markets

👉 The range of markets offered by CM Trading includes:

➡️ Currency trading

➡️ Stocks

➡️ Indices

➡️ Cryptocurrencies

➡️ Commodities

➡️ CFDs

Broker Comparison for Range of Markets

AvaTradeJustForexXM
➡️️​ ForexYesYesYes
➡️️​ Precious MetalsYesYesYes
➡️️​ ETFsNoNoYes
➡️️​ CFDsYesYesYes
➡️️​ IndicesYesYesYes
➡️️​ StocksYesYesYes
➡️️​ CryptocurrencyYesYesYes
➡️️​ OptionsNoNoYes
➡️️​ EnergiesYesYesYes
➡️️​ BondsNoYesYes

Trading and Non-Trading Fees

Spreads

CM Trading Review Spreads

👉 What traders can anticipate from CM Trading in terms of spreads will be determined by their trading activity, the retail investor account they utilize, and the current market circumstances. Traders should be prepared for the following usual minimum spreads:

➡️ Bronze Account – Regular spreads

➡️ Silver Account – 1.2 pips EUR/USD

➡️ Gold Account – from 0.9 pips EUR/USD

➡️ Premium Account – from 0.9 pips EUR/USD

Commissions

CM Trading Review Commissions

👉 CM Trading does not charge any commission fees on trades because the broker fees are already included in the spreads that Kenyan traders pay.

Overnight Fees, Rollovers, or Swaps

CM Trading Review Overnight Fees

👉 To avoid overnight costs, Kenyan traders should close their holdings as soon as the trading day ends. For example, these rates are based on a trader’s current position, the kind of financial instrument they are trading, and the amount of their current position.

 

👉 Traders can use the method below to calculate overnight fees on positions:

➡️ The overnight fees = Duration of the position/number of nights x Swap (buy or sell) x No of Lots x Point value

Deposit and Withdrawal Fees

CM Trading Review Deposits And Withdrawals

👉 If Kenyans use crypto funds to finance the CM Trading account, they will be charged a fee. The following methods of withdrawal are subject to these fees:

➡️ Bank Wire Transfer – 2%

➡️ Bank Transfer – 2%

➡️ OZOW – 2%

➡️ Electronic Fund Transfer (EFT) – 2%

➡️ Skrill – 2%

➡️ Neteller – 2%

➡️ Credit Card – 2%

➡️ Debit Card – 2%

➡️ MPesa – 2%

➡️ Local Mobile Money – 2%

➡️ Cryptocurrencies – 4%

 

Other Fees

CM Trading Review Other Fees

👉 CM Trading applies a charge of $15 to inactive accounts for the maintenance and administration of the account, along with compliance management. This fee is only applied when a trading account has been dormant for three consecutive months.

Deposits and Withdrawals

CM Trading Review Deposits And Withdrawals

👉 CM Trading offers the following deposit and withdrawal methods:

➡️ Bank Wire Transfer

➡️ Bank Transfer

➡️ OZOW

➡️ Electronic Fund Transfer (EFT)

➡️ Skrill

➡️ Neteller

➡️ Credit Card

➡️ Debit Card

➡️ MPesa

➡️ Local Mobile Money

➡️ Cryptocurrencies

 

How to Deposit Funds with CM Trading

👉 To fund the trading account Kenyan traders must first log into the CM Trading Account and follow these steps:

➡️ Select “Deposit” from the account page

➡️ Chose the preferred payment method from the list provided

➡️ Transfer funds to the trading account and start trading once it clears

How to Deposit Funds Into Your Account 

👉 Step 1 – Go to the CM Trading website and log in.

➡️ Go to the official CM Trading website at www.cmtrading.com and log into your account. 

CM Trading Review How To Deposit Funds Step 1

 

👉 Step 2 – Click on “Deposit” 

➡️ In the top right corner of your screen, click on “Deposit”.

CM Trading Review How To Deposit Funds Step 2

👉 Step 3 – Deposit Your Funds 

➡️ Choose your method to deposit the funds into your account and make the deposit. 

CM Trading Review How To Deposit Funds Step 3

 

How to Withdraw Funds with CM Trading

👉 CM Trading Kenyan traders can easily withdraw cash by following these simple steps:

➡️ Visit the official CM Trading website to access their account.

➡️ Select “Withdrawal” from the menu at the upper right-hand side of the screen.

➡️ To request a withdrawal, just fill out the form and click “Request a withdrawal.”

➡️ CM Trading’s Finance Department will receive the withdrawal request and contact the trader via email within 24 hours to begin the withdrawal procedure.

👉 Step 1 – Go to the CM Trading website and log in.

➡️ Go to the official CM Trading website at www.cmtrading.com and log into your account. 

CM Trading Review How To Withdraw Funds Step 1

 

👉 Step 2 – Click On Your Account Name

➡️ Click on your account name in the top right corner. 

CM Trading Review How To Withdraw Funds Step 2

 

👉 Step 3 – Click “Withdraw”

➡️ Click on “Withdraw” in the dropdown menu and withdraw your funds. 

CM Trading Review How To Withdraw Funds Step 3

CM Trading Education and Research

CM Trading Review Education And Research

👉 CM Trading offers the following Educational Materials:

➡️  eBooks

➡️ Training Videos

➡️ Webinars

➡️ Live Seminars

👉 CM Trading offers Kenyan traders the following Research and Trading Tools:

➡️ Daily Market Reviews

➡️ Trading Signals

➡️ Economic Calendar

➡️ Calculators

➡️ Fundamental Analysis

➡️ Technical Analysis

CM Trading Affiliate Program

CM Trading Review Affiliate Program

👉 CM Trading provides a full range of partner and affiliate services, including:

➡️ Quick pay-outs

➡️ Transparency

➡️ Dedicated customer service and support

➡️ A personal manager

➡️ An FSCA and FSA-regulated environment

➡️ Attractive and flexible commission schemes

➡️ Localized marketing material

➡️ A high conversion rate

 

👉 CM Trading also has a customer loyalty program with the following levels:

➡️ An IB startup kit and free webinar hosting are included in the Bronze level. This level also comes with a competitive strategy and a certificate of success.

➡️ In addition to the Bronze-level perks, Silver-level members get a dedicated business developer, marketing funds, and promotional materials.

➡️ Additional commissions, bespoke marketing material, special business cards, and custom-built websites are all included in the Gold tier.

➡️ Platinum is the highest tier and includes unfettered access to exclusive tools, promotions, professional guidance, financial advice, and dedicated customer support from an experienced, helpful team of experts.

Verdict on CM Trading

👉 CM Trading is a well-regulated, trusted CFD and forex broker that adheres to a tight policy because of the restrictions and set of operating standards.

 

👉 The broker offers a wide variety of account types, a wide variety of training resources (including videos), and a wide variety of unique features (such as copy trading and 1-on-one trading).

 

👉 To assist Kenyan traders to succeed in the market CM Trading provides comprehensive trading solutions and excellent services alongside market research every day. CM Trading is an excellent choice for traders of all skill levels who are searching for a low-risk trading environment with a wealth of educational resources.

CM Trading Current Popularity Trend

👉 According to Google Trends, “CM Trading” has increased in Google searches over the past month in South Africa.  

CM Trading Review Trends

CM Trading Pros and Cons

✔️ Pros❌ Cons
CM Trading has a decent trust score, and it is a well-regulated brokerThere is an inactivity fee that may apply if the account becomes inactive
All client funds are stored in segregated accounts which are separate from CM Trading’s operational accounts and fundsThere are deposit and withdrawal fees charged on crypto funding
There are several trading tools offered to advanced tradersThe spreads are competitive, but they are not the lowest
There are no restrictions on the trading strategies that traders can use
CM Trading welcomes Kenyan traders and offers local deposit and withdrawal methods
Kenyan traders can deposit funds in local currency
There is a competitive minimum deposit requirement for the account tiers that are offered
CM Trading has a long-standing reputation as one of the best forex and CFD brokers for Kenya, Kenya, and South Africa, amongst other regions

Frequently Asked Questions

 

Is CM Trading a good and legal broker?

Yes, CM Trading is considered good and the broker is legal as it is licensed and authorized by the FSA and FSCA.

What is the minimum deposit required to register an account with CM Trading?

11,400 KES or an equivalent to $100.

Does CM Trading offer leverage and what is the maximum ratio offered?

Yes, CM Trading offers maximum leverage up to 1:200.

What is the overall rating for CM Trading out of 10?

8/10.

Is CM Trading suitable for beginner and professional traders?

Yes, CM Trading is an ideal broker that can be used by beginner and professional traders.

 

9.7/10 - (30 votes)