CM Trading, Africa’s largest local broker, is an FSCA regulated online trading platform which serves clients all over Africa and the Middle East. Armed with an arsenal of advanced trading tools and features and an innovative approach to education, this forex brokerage is a force to be reckoned with.
The last time we reviewed this company, CM Trading was the new kid on the block, just starting out in the South African trading scene. A few good years down the line, CM Trading has 3 consecutive years of winning awards for its excellent performance. Earlier this year, CM Trading won the prestigious award for Africa’s Best Financial Broker in 2019.
CM Trading Education
Looking for new educational materials?
Well, look no further! CM Trading clients have access to a rich selection of educational materials and mediums. Reach for an eBook on commodity or stock trading or watch this broker’s latest video tutorial. The award-winning brokerage also offers daily market reviews, trade of the month updates, and 1-on-1 training sessions with your dedicated market analyst.
If you are new to trading online, make sure to always consult with your market analyst before you execute a trade. This course of action will not only help you avoid unnecessary risk, but it will also teach you what to do the next time around.
To make a deposit with CM Trading you have a wide variety of mediums at your disposal, including wire transfers at Nedbank, Visa, Mastercard,Neteller, and Bitcoin among others. The minimum amount is $250, which is a standard requirement that numerous brokers make to ensure you are financially stable enough to start trading online without burning out in the process.
In addition, this deposit is in no way a payment to the broker. Thy funds are yours, and you can file a request for a withdrawal at any point. The brokerage will only release the money if you have verified your identity with the compliance department as a part of the company’s anti-fraud and ant-money laundering policies.
Please note: Any withdrawal you will request will be sent back using the same method you chose when you made a deposit.
CM Trading Tools
While CM Trading does offer its clients the classic trading tools and feature you would expect any broker to provide, this company definitely goes the extra mile.
CopyKat. This tool lets you copy the top traders on the market, opening and closing trades like theirs. The CopyKat further allows you to customize the trade to your account. For example, if the trader you chose opened on the South African rand against the US dollar and funded it with $100,000, you can put $1000 in yours.
EA Robot on MetaTrader4. The Expert Advisor is a rather new feature on the MetaTrader4 trading platform. This automated trading algorithm allows you to take a hands-off approach to trading online. The bot trades independently on your account, making its calculations, and opening and closing trades on your behalf.With this helpful bot, you get to sit back, relax, and watch the profits roll in.
Trading Central. Gain access to the Trading Central, where you can create your own dashboard and get in-depth analysis and alerts regarding expected movements and market trends. Your personal dashboard is customizable, and you can tailor different aspects of it to your needs.
CM Trading also provides its clients with live trading signals on a daily basis by uploading them onto the website and send them via email twice a day.
CM trading Customer Support
Encountered an unexpected problem or question while trading? You can contact CM Trading through different channels, which consist of a phone call, email, or a live chat. The technical and customer support call canter operates 24 hours a day, 5 days a week (Mondays to Fridays).
We found CM Trading’s customer service to be prompt and effective. The representatives we contacted through each of the methods above were courteous and did their best to help us reach the solution we were looking for.
CM Trading has come a long way over the past 10 years or so, growing its presence in Africa and branching out to the Middle East. With several awards and noteworthy achievements under its belt, we are confident that this brokerage has what it takes to go the distance and become an even bigger star on the local scene.
Open your live trading account with CM Trading today, and enjoy the best trading experience this industry has to offer.