CM Trading Minimum Deposit
The minimum deposit amount required to register a live trading account is $100, this minimum deposit is equivalent to 1,200 Botswana Pula (BWP) at the current exchange rate between the US Dollar and the Botswana Pula.
- Lesche Duvenage
Jump to:
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minumum Deposit
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 Minimum Deposit – 6 key points quick overview:
CM Trading Minimum Deposit OverviewCM Trading Minimum Deposit Overview
CM Trading charges a minimum deposit amount of $100.
This minimum deposit amount equals 1,200 Botswana Pula (BWP) at the current exchange rate for the Pula and the US dollar.
CM Trading is governed and licensed by the Financial Services Authority (FSA) and the Financial Sector Conduct Authority (FSCA) (FSA). The Financial Services Regulatory Authority (FSCA) has a solid reputation and track record in Africa, where it regulates the financial services industry.
CM Trading is not locally regulated in Botswanan. However, financial activities in the region are regulated by the Financial Services and Conduct Authority (FSCA), which offers a strong and comprehensive regulatory framework.
The local market regulators for Botswana are:
Ministry of Finance and Economic Development (MFED)
Bank of Botswana (BoB)
Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Botswanan traders can quickly and easily confirm CM Trading’s license and regulation by visiting the FSCA’s website; the FSCA has had regulatory control over CM Trading since 2012.
Trading services from CM Trading are top-notch, and they’re available to both novices and seasoned pros. In addition, the broker does not have access to the client funds, which are housed in separate accounts away from the broker account with reputable South African institutions.
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 |
Deposit fees and deposit methods
👉 CM Trading charges deposit fees when traders use cryptocurrencies to fund their accounts. When funding their account with the minimum deposit amount, traders can use the following deposit methods:
➡️ Bank Wire Transfer
➡️ Bank Transfer
➡️ OZOW
➡️ Electronic Fund Transfer (EFT)
➡️ Skrill
➡️ Neteller
➡️ Credit Card
➡️ Debit Card
➡️ MPesa
➡️ Local Mobile Money
➡️ Cryptocurrencies
👉 When Botswana traders want to deposit the minimum deposit, they can use the following deposit currencies according to the deposit method they use:
➡️ Bank Wire Transfer – USD, EUR, ZAR, NGN, KSH
➡️ Bank Transfer – USD, EUR, ZAR, NGN, KSH
➡️ OZOW – ZAR
➡️ Electronic Fund Transfer (EFT) – ZAR
➡️ Skrill – USD, EUR
➡️ Neteller – USD, EUR
➡️ Credit Card – USD, EUR
➡️ Debit Card – USD, EUR
➡️ MPesa – KSH
➡️ Local Mobile Money – USD, EUR, NGN, KSH
➡️ Cryptocurrencies – All major cryptocurrencies
Step by step guide to depositing the minimum amount
To deposit the minimum amount traders and investors can follow these 3 simple steps:
Step 1 – Register an Account
➡️ To register a new account click here, this will open up a new screen where you will get access to register your new account.
Step 2: Fill Out Your Details
➡️ 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.
Step 3 – Choose Your Account Type
➡️ Choose your account type. If you wish to practice trading then choose a Demo account, or you can start trading by immediately choosing your account type.
CM Trading Pros and Cons
| ✔️ Pros | ❌ Cons |
| Botswanans can choose from a few flexible payment options to deposit the minimum amount | Botswanans cannot register a trading account in BWP |
| Local payment options are offered to Botswanans | Deposit fees apply to all crypto deposits |
| The minimum deposit amount required is an industry-standard and allows anyone to enter the market easily | |
| CM Trading guarantees client fund protection |
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 Final Verdict
CM Trading is a South-African online trading broker that offers a wide range of trading instruments spread across several financial markets. CM Trading offers online trading that caters for traders despite their trading experience, skill, or unique trading style, making it ideal for Botswana traders.
Frequently Asked Questions
Does CM Trading offer a Botswanan account?
No, CM Trading does not offer a BWP-denominated account, subjecting traders to currency conversion fees.
Can I use M-Pesa to fund my trading account?
Yes, CM Trading accepts M-Pesa and a few other flexible payment methods for Botswanans.
What does CM Trading do with my money?
Funds paid into a CM Trading account will be sent to a segregated bank account, separate from the broker account.
How long does a deposit take?
Depending on your payment method, deposits can take a few minutes or days.
How much does a deposit to a CM Trading account cost?
You do not pay any deposit fees when you use most deposit methods. However, cryptocurrency deposits face a processing fee.
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.
