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CM Trading Demo Account

Overall, CM Trading offers a free demo account on all accounts. CM Trading is considered a credible broker with competitive fees and spreads. CM Trading has a trust score of 91% out of 100.

Updated : September 27, 2022

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Demo Account Overview

Demo Account Features

Pros and Cons

Final Verdict

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

How to set up a Demo Account – Step by Step

👉 Step 1 – Register a new account , this will open up a new screen where you will get access to register your new account.

CM Trading Register

 

👉 Step 2 – Fill out the form with all your necessary details. This info will include details such as your first name, last name, email address, and mobile number. Remember to accept the T&C’s.

CM Trading sign up tab

 

👉 Step 3 – Choose your account type. If you wish to practice trading then choose a Demo account.

CM Trading Opening up account types

👉 Once your deposit has been made your account will be activated, and you can start. Your demo account offers you the same features, functions, and options that you would find on a live trading account.

CM Trading Demo Account FeaturesCM Trading Review Demo Account

👉 If you discover that the initial amount of 10,000 US Dollars in the form of virtual money is inadequate for your requirements, you may contact CM Trading to have the sum boosted.

 

👉 With the assistance of CM Trading’s demo account, you will have a much simpler time analysing charts, news, and analysis.

 

👉 In addition to this, you will get access to the fully featured versions of the MT4 and MT5 platforms, and you will be able to experience real-time pricing as well as genuine fluctuations in the currency market.

 

👉 A trading account with CM Trading must be registered and verified before Kenyans can access the demo account.

 

👉 Creating an account with CM Trading will take around five minutes of a person’s time, and Kenyans can begin demo trading immediately after establishing an account, logging in, and selecting the option for the demo.

CM Trading Kenya Pros and Cons

✔️ Pros❌ Cons
Well-regulated broker with a wide variety of financial instruments offeredAn inactivity fee may apply to dormant accounts
Client capital is kept in segregated accounts with top tier-1 banks.Both deposit fees and withdrawal fees are charged
Offers a wide range of trading tools that can be usedCompetitive spreads, but not the lowest in the industry when compared to competitors
Supports several trading strategies including algorithmic trading, scalping, hedging, and more.
There is a comprehensive proprietary trader platform offered along with third-party apps and platforms
CM Trading accommodates the Kenyan market
Reasonable minimum deposit requirements for account tiers
CM Trading has a good reputation and a long-standing history as a CFD and forex provider

Verdict on CM Trading 

👉 Overall, CM Trading is very competitive in terms of its trading fees and spreads.

FAQ

Does CM Trading have a demo account?

Yes, CM Trading has a practice account for beginners and those who want to test their strategies.

 

Does CM Trading offer educational materials?

Yes, CM Trading offers a range of educational materials including eBooks, Webinars, Live Seminars, and Training Videos for beginners.

 

Can beginners start trading with CM Trading?

Yes, CM Trading accommodates Kenyan beginners by offering a demo account and educational material.

 

How much virtual funds do I get with CM Trading?

When you register an account and access the demo account, you receive 10,000 in virtual funds.

 

Is CM Trading good for beginners?

Yes, CM Trading is well-suited to the needs of most beginner traders despite their unique trading styles.

9/10 - (26 votes)