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CM Trading sign up bonus review

CM Trading Sign Up Bonus

Overall, CM Trading does not offer a signup bonus for Botswana traders. CM Trading is considered a credible broker with competitive fees and spreads. CM Trading has a trust score of 91% out of 100.

Updated : May 7, 2024

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005 regulations book

Sign Up Bonus

005 feature selection

Referral Bonus

001 cash withdrawal

Additional Broker Bonuses

004 review

Pros and Cons

008 auction

Final Verdict

001 question

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

Sign-up Bonus

Sign-up Bonus Botswana

👉 CM Trading does not offer a sign-up bonus to newly registered Botswana traders.

 

👉 A welcome bonus, as the name suggests, is offered to traders who have registered and verified their live trading account with a broker. While CM Trading offers bonuses frequently, there is currently no offer given to those who have verified their real accounts.

 

👉 A sign-up bonus can also be given as a no-deposit bonus when traders have verified the trading account. Once verification is done, a special broker bonus is granted that provides the trader with free credit without the need for an initial deposit.

 

👉 This is one of the best ways for brokers to attract clients, allowing them to explore the broker’s offering and platform without risk to their capital. It also gives new traders an idea of what to expect from competitive markets before they start trading.

 

👉 CM Trading offers a 20% deposit bonus on initial deposits of $250 and more. Once the deposit has been made, it may take a few hours (or days in rare situations) for the bonus to be credited to your account.

 

👉 If you have deposited $250 into your Account and got a bonus of $50 into your trading account, the cash from your deposit will be utilised first when making trades.

 

👉 Therefore, if you lose $250 and have not satisfied the trading conditions to withdraw your bonus, you will not be allowed to withdraw any monies from your account. The volume conditions that Botswanans can expect are as follows:

➡️ Volume Calculation – On trading platforms, volume is measured in Lots. Nonetheless, all Lots have a notional value that may be calculated by multiplying [Number of Lots x Lot Size x Instrument Price].

➡️ To prevent any misunderstanding, for any promotion or condition requiring trading volume parameters in units of Lots, the lot size must equal $100,000 to fulfil the criteria.

➡️ For example, CM Trading promises a prize for generating 100 Lots of trading volume; thus, the national value of the volume must reach at least [100 Lots x $100,000 = $10,000,000] to qualify for the incentive.

Referral Bonus

👉 CM Trading does not currently offer a referral bonus.

 

👉 A referral bonus is offered by a forex broker to new and existing clients by providing a unique client code that can be shared with friends, family, and others.

 

👉 When a referral signs up for an account and meet the minimum deposit and trading volume requirements, both the referring trader and referral can earn cash.

Additional broker bonuses, promotions, and rewards

👉 CM Trading does not currently offer a trading bonus to active traders or any other broker bonus to loyal customers.

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

CM Trading Pros and Cons

✔️ Pros❌ Cons
CM Trading offers an attractive deposit bonusCM Trading currently does not offer any bonuses to draw in more traders
Botswanans can use the CM Trading demo account to test the broker’s platform before they commit real money

Verdict on CM Trading

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

FAQ

Can I earn a no-deposit bonus when I verify my CM Trading Account?

No, CM Trading does not give newly registered traders a no-deposit bonus.

 

Can I withdraw my deposit bonus from CM Trading?

No, you cannot withdraw the trading credit you receive. However, you can withdraw your profits according to the terms and conditions of the deposit bonus.

 

Is CM Trading trustworthy?

Yes, CM Trading is considered one of the best brokers in Botswanan in terms of regulation, security of funds, and reputation.

 

What does CM Trading do with my funds?

CM Trading keeps your funds in segregated accounts with top-tier banks.

 

Can I open a CM Trading demo account without verifying my details?

No, CM Trading requires that you register a real account and verify your details before you can open a demo account.

 

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.

10/10 - (1 vote)

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