{"id":4829,"date":"2019-02-28T10:07:00","date_gmt":"2019-02-28T10:07:00","guid":{"rendered":"https:\/\/learnfxtrading.net\/app\/app\/?p=4829"},"modified":"2021-08-06T22:06:00","modified_gmt":"2021-08-06T20:06:00","slug":"cm-trading-review","status":"publish","type":"post","link":"https:\/\/learnfxtrading.net\/app\/cm-trading-review\/","title":{"rendered":"CM TRADING REVIEW"},"content":{"rendered":"

You’ve decided that Forex Trading is for you<\/strong><\/em>, but now you are on the service provider sourcing stage. This CM Trading review<\/strong> is meant to equip you in making an informed decision<\/strong><\/em> about this forex broker. I have used CM Trading for almost a decade<\/strong>, therefore do rest assured that this is not just a generic review<\/strong>, but also an honest assessment of how the company works.<\/p>\n

===========>Open a free CM Trading forex account here<\/a><\/span><\/strong><\/div>\n

\u00a0\"CM<\/h2>\n

Is CM Trading legit? – An honest CM Trading Review<\/h2>\n

Let’s get on with it and talk about the legal status of CM Trading<\/strong>.<\/p>\n

This Forex Brokerage is a brand name of Global Capital Markets Trading Ltd<\/strong>. A company registered in Seychelles<\/em> under registration no. 104785<\/strong>.<\/p>\n

The clients’ funds are protected under the regulations of the Financial Sector Conduct Authority (FSCA)<\/strong>, an industry watchdog<\/em> for the financial services sector in South Africa. You can find the details of their registration here<\/strong><\/a>\u00a0under FSP 38782<\/strong>. It is registered under Blackstone Marketing SA<\/strong>.<\/p>\n

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CM TRADING\u00a0<\/strong>–<\/a>AWARDED BEST<\/a>\u00a0<\/strong><\/span>BROKER\u00a0<\/strong><\/a><\/span>IN AFRICA<\/strong><\/a><\/span><\/p>\n<\/div>\n

Type of trading accounts that you can open with CM Trading<\/h2>\n

Forex Trading accounts will differ according to the amount of capital you have at your disposal<\/strong>. Smaller accounts have different benefits when compared to larger accounts.<\/p>\n

These are the account options that are available for CM Trading customers<\/strong>:<\/p>\n

Mini Account<\/h4>\n

The mini account is the starter pack of the forex trading world.
\nMinimum deposit<\/strong>: $250-$999
\nLeverage<\/strong>: 1:200
\nYou also get a demo trading account<\/strong> where you can do simulated trading in real time<\/strong>, weekly market reviews, as well as an e-book on forex trading basics<\/strong><\/p>\n

Classic Account<\/h4>\n

The minimum deposit for opening a classic account is $1000<\/strong>. It affords you the same benefits as the mini account, as well as access to a webinar<\/strong>.<\/p>\n

Executive Account<\/h4>\n

This account type requires a minimum deposit of $5000 to open.<\/strong> The trading spread is cheaper than that of the classic and mini accounts<\/strong>. These are the transaction costs<\/strong> of the opening each trade with CM Trading (or any other broker).<\/p>\n

A cheaper spread means that you get to maximize your profits<\/strong>. Over and above the benefits of the classic account, executive account holders receive access to both technical and fundamental analysis<\/strong>.<\/p>\n

Premium Account<\/h4>\n

The premium account is the ultimate account offered by CM Trading<\/strong>. You need to a minimum deposit of $25000<\/strong> to get started. With this account, you will get the same benefits as above, as well as additional training resources and some free trades.<\/p>\n

In the case that you manage to grow your account to the point that it reaches the next account type bracket, you can contact CM Trading for guidance as to how to upgrade<\/strong>. The process is not automated<\/strong>.<\/p>\n

CM TRADING’S PLATFORMS<\/h2>\n

A trader who uses CM Trading as their broker has access to 3 main platforms i.e Metatrader, Sirix Webtrader, and CM Trading’s Trading Mobile App.<\/strong><\/p>\n