Exness Review
CM Trading Account Types
CM Trading provides 4 different account types, the Bronze Account, a Silver Account, a Gold Account, and a Premium Account. The Islamic account and demo account options are also available. CM Trading has an overall Trust Score of 95% out of 100.
- Louis Schoeman
Jump to:
Account Types Overview
Account Types
Account Features
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.8/5
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
CM Trading Account Types OverviewCM Trading Account Types Overview
Overall, CM Trading is considered low-risk, with an overall Trust Score of 91 out of 100. CM Trading is licensed by zero Tier-1 Regulators (high trust), one Tier-2 Regulator (average trust), and one Tier-3 Regulator (low trust). CM Trading offers four retail trading accounts: a Bronze Account, Silver Account, Gold Account, and Premium Account.
Established in 1999, CM Trading is a leading online trading platform for a wide variety of financial instruments. Trademark of Global Capital Markets Trading and BLACKSTONE Marketing SA(Pty)Ltd, CM Trading (GCMT SA).
They provide many top-tier trading platforms, including MetaTrader 4 (MT4), CMTrading WebTrader, and CopyKat. As a result, your ability to access the markets and engage in systematic trading will be much enhanced.
Traders could choose from a wide variety of high-quality resources to facilitate analysis of the market and the administration of trades. In addition, all traders, regardless of experience level, get access to their free educational resources and round-the-clock global support.
To help you reach your financial goals, they use cutting-edge technology to make trading as simple and enjoyable as possible.
The broker places a premium on the protection and safety of their clients and honesty and openness as a matter of principle. Therefore, CM Trading keeps customer funds from the company’s working capital in separate accounts at reputable South African financial institutions.
Periodic audits are performed on CM Trading’s finances and client-related operations. The range of foreign exchange pairs offered by CM Trading is standard for the industry. It includes the majors, minors, and exotics.
Some of the most in-demand commodities are available via CM Trading, such as oil, natural gas, sugar, cotton, and wheat. In addition, CM Trading offers CFD trading on a small selection of international indices, including the S&P 500, FTSE100, and DAX30.
CM Trading offers fewer stock CFDs than some of its competitors. However, some of the most well-known assets in the technological and global energy sectors are among these financial instruments.
In contrast to other brokers, CM Trading offers a large selection of tradable cryptocurrencies. These cryptocurrencies include Chainlink, Dogecoin, and Uniswap.
CM Trading has clients from around the world, and these areas have the largest distributions:
South Africa – 50.6%
Nigeria – 30%
Kenya – 9.7%
Botswana – 2.4%
Zimbabwe – 0.5%
CM Trading At a Glance
| 🏛️ Headquartered | South Africa |
| 🏛️ Local office in Gaborone? | No |
| 👍 Accepts Botswanan Traders? | Yes |
| 📅 Year Founded | 2012 |
| 📱 Botswanan Office Contact Number | None |
| ⚖️ Regulation | FSA, FSCA |
| 🔎 License Number | Seychelles – SD070 South Africa – 2013/045335/07 and FSP 38782 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | None |
| ✴️ Regional Restrictions | The United States, Hong Kong, Israel, EU regions |
| ☪️ Islamic Account | Yes |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 4 |
| 📊 PAMM Accounts | No |
| 📊 Liquidity Providers | Anonymous |
| 💰 Affiliate Program | Yes |
| 📊 Crypto trading offered? | Yes |
| 🚀 Offers a BWP Account? | No |
| 💻 Dedicated Botswanan Account Manager? | No |
| 📈 Maximum Leverage | 1:200 |
| 📈 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit | 1,200 BWP or equivalent to 100 USD |
| 💳 Botswanan Pula Deposits Allowed? | No |
| 💰 Active Botswanan Trader Stats | 250,000+ |
| 📈 Active Botswanan-based CM Trading customers | Unknown |
| 💰 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💳 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 Botswanan 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/BWP currency pair? | No |
| 🌐 USD/BWP Average Spread | N/A |
| 📈 Offers Botswanan Stocks and CFDs | None |
| 👨💼 Languages supported on Website | English, Arabic |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/5 |
| 👥 Botswanan-based customer support? | No |
| 💰 Bonuses and Promotions for Botswanans | None |
| ✴️ Education for Botswanan beginners | Yes |
| 📊 Proprietary trading software | Yes |
| 💰 Most Successful Botswanan Trader | Currently unknown |
| ✔️ Is CM Trading a safe broker for Botswanans? | Yes |
| ✔️ Rating for CM Trading Botswana | 8/10 |
| ✔️ Trust score for CM Trading Botswana | 91% |
| 👉 Open an account | 👉 Open Account |
CM Trading Account Types
👉 Botswana customers can choose from four different retail investor accounts that provide some of the greatest trading conditions available. To meet the specific requirements and aims of each trader, these accounts provide a variety of trading conditions and features.
➡️ Bronze Account
➡️ Silver Account
➡️ Gold Account
➡️ Premium Account
CM Trading Account Features
Bronze Account
👉 With the Bronze Account provided by CM Trading, you get the following features:
| Account Feature | Value |
| 💳 Minimum Deposit | 1,200 Botswanan Pula, equivalent to $100 |
| 💳 Maximum Deposit | 12,900 Botswanan Pula, equivalent to $999 |
| 📊 Demo Account | Yes |
| 📈 Educational materials | Yes, Trading eBook, Webinars |
| ✴️ Market Reviews | Yes |
| 📈 Spreads from | Regular spreads |
| 🔎 Live Trading Signals | No |
| 📊 Risk-Free Trades offered | No |
| 🎓 Personal Assistant offered? | No |
| 📈 Trading Central Trading Signals | No |
| 👨💼 Trading Central Live Trading Signals | No |
| 🚀 Cashback Rebates | No |
| 🔎 Access to ECN? | No |
| 📊 Market News and Analysis For Fundamental Analysis | No |
| 📈 Special Offers | No |
| ✅ Dedicated Trading Room | No |
| 📊 Trading specialist offering investment advice | No |
Silver Account
👉 Because of its suitability for a wide range of investors, the Silver Account is one of the most popular offerings from CM Trading.
| Account Feature | Value |
| 💳 Minimum Deposit | 3355 Botswanan Pula equivalent to $251 |
| 💳 Maximum Deposit | 129,000 Botswanan Pula, equivalent to $9,999 |
| 📊 Demo Account | Yes |
| 📈 Educational materials | Yes, Trading eBook, Webinars |
| ✴️ Market Reviews | Yes |
| 📈 Spreads from | 1.2 pips EUR/USD |
| 🔎 Live Trading Signals | Yes |
| 📊 Risk-Free Trades offered | 1 Risk-Free Trade |
| 🎓 Personal Assistant offered? | Yes |
| 📈 Trading Central Trading Signals | Yes |
| 👨💼 Trading Central Live Trading Signals | Yes |
| 🚀 Cashback Rebates | No |
| 🔎 Access to ECN? | No |
| 📊 Market News and Analysis For Fundamental Analysis | No |
| 📈 Special Offers | No |
| ✅ Dedicated Trading Room | No |
| 📊 Trading specialist offering investment advice | No |
Gold Account
👉 Active traders, high-frequency traders, expert advisers, algorithmic traders, and other short-term competitive traders may benefit from the Gold Account.
| Account Feature | Value |
| 💳 Minimum Deposit | 66 Botswanan Pula, equivalent to $5,001 |
| 💳 Maximum Deposit | 1,290,000 Botswanan Pula equivalent to $99,999 |
| 📊 Demo Account | Yes |
| 📈 Educational materials | Yes, Trading eBook, Webinars |
| ✴️ Market Reviews | Yes |
| 📈 Spreads from | 0.9 pips |
| 🔎 Live Trading Signals | Yes |
| 📊 Risk-Free Trades offered | 3 Risk-Free Trades |
| 🎓 Personal Assistant offered? | Yes |
| 📈 Trading Central Trading Signals | Yes |
| 👨💼 Trading Central Live Trading Signals | Yes |
| 🚀 Cashback Rebates | Yes |
| 🔎 Access to ECN? | Yes |
| 📊 Market News and Analysis For Fundamental Analysis | No |
| 📈 Special Offers | No |
| ✅ Dedicated Trading Room | No |
| 📊 Trading specialist offering investment advice | No |
Premium Account
👉 The Premium Account is designed for professional traders seeking the most performance from their trading account. This account has the most advanced features and choices.
| Account Feature | Value |
| 💳 Minimum Deposit | 668 Botswanan Pula and more equivalent to $50,000 |
| 💳 Maximum Deposit | None |
| 📊 Demo Account | Yes |
| 📈 Educational materials | Yes, Trading eBook, Webinars |
| ✴️ Market Reviews | Yes |
| 📈 Spreads from | 0.9 pips |
| 🔎 Live Trading Signals | Yes |
| 📊 Risk-Free Trades offered | 3 Risk-Free Trades |
| 🎓 Personal Assistant offered? | Yes |
| 📈 Trading Central Trading Signals | Yes |
| 👨💼 Trading Central Live Trading Signals | Yes |
| 🚀 Cashback Rebates | Yes |
| 🔎 Access to ECN? | Yes |
| 📊 Market News and Analysis For Fundamental Analysis | Yes |
| 📈 Special Offers | Yes |
| ✔️ Dedicated Trading Room | Yes |
| 📊 Trading specialist offering investment advice | Yes |
CM Trading Demo Account
👉 There are several different types of demo accounts, which enable traders to experiment in the real market without jeopardizing their own money.
👉 Trading financial markets carry some risk, but CM Trading provides its customers with a risk-free platform where they may practice trading methods, learn about the broker’s offerings, and test their ideas in actual market circumstances.
CM Trading Islamic Account
👉 Depending on the forex trader’s trading style and trading plan, they may have their trading positions open for more than 24 hours throughout a trading day.
👉 This might result in the trader incurring an overnight or rollover cost. This is a banned sort of interest under Sharia law’s Riba rules, which implies that Muslim merchants are often excluded from currency trading.
👉 CM Trading is a forex broker that complies with all Sharia law and Islamic finance standards. CM Trading provides swap-free trading accounts that are free of swap costs and rollover interest for Muslim traders who keep overnight positions.
👉 Additionally, Muslim traders are limited to Shariah-compliant financial products, which implies that cryptocurrencies and equities are not accessible for trading via an Islamic swap-free account.
CM Trading Pros and Cons
| ✔️ Pros | ❌ Cons |
| CM Trading offers flexible trading solutions and a choice between trading account tiers | Botswanans must register a live account that must be verified before they can use the demo account |
| Botswanans can choose a retail account that suits their unique trading needs and objectives | Inactive accounts will be subject to fees |
| Beginners can expect a range of educational materials that can guide their trading | Deposits and withdrawals both attract fees |
| CM Trading is Sharia-compliant and offers a free demo account | Botswanans cannot register a BWP-denominated account, subjecting them to currency conversion fees |
| Botswanans can contact CM Trading customer support through several communication channels | |
| CM Trading provides helpful and comprehensive daily market analysis | |
| CM Trading offers commission-free options |
CM Trading Final Verdict
CM Trading offers a unique brokerage service and is licensed and regulated by the South African Financial Sector Conduct Authority (FSCA) under a regime that operates in much the same way as regulatory bodies in Europe and the UK.
Frequently Asked Questions
How many retail accounts can I choose from with CM Trading?
CM Trading has four retail accounts, namely:
Does CM Trading offer halal trading?
CM Trading offers halal trading by offering Muslim traders the chance to convert a live account into a Swap-free account.
What are the average spreads I can expect with CM Trading?
You can expect spreads from 0.9 pips on EUR/USD on the more advanced account types.
What is the maximum leverage CM Trading offers?
The maximum leverage ratio that you can use is 1:200.
Does CM Trading charge commissions?
No, CM Trading does not charge any commissions. Instead, a mark-up is added to the spread to cover the broker fees.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
