CM Trading Review 2025: Accounts, Demo Account and Withdrawal to Explore

CM Trading	⭐⭐
Regulations	FSA ( Seychelles)
Tradable Assets	Forex, Commodities, Indices, Stocks, Cryptos
Minimum Deposit	$299
Live Accounts	Basic, Trader, Gold, Premium, VIP, Islamic
Demo Account	Yes
Account Opening	1 Day
Max. Leverage	400:1
Trading Platform	MT4, CMTrading Webtrader
Trading Tools	Daily Trading Signals, Economic Calendar, Technical Analyis

About CM Trading

CM Trading is a South Africa-based online broker operating for 10 years, providing trading on Forex, Commodities, Indices, Stocks, and some Cryptos. Among many forex broker options in South Africa, CM Trading struggles to be the popular one due to its high costs for live accounts and wide spreads. Instead, it is considered an expensive brokerage. To open a live account, traders need to fund at least $299, less friendly to beginners. However, CM Trading compensates for this by offering large amounts of bonuses up to $150,000. Notably, CM Trading does not provide any popular copy trading solutions.

Where CM Trading Shines:

• Supports MetaTrader 4 and has its own trading platform
• Large amounts of bonuses provided, up to $150,000
• Easy account opening process
• Free demo accounts provided

❌Where CM Trading Falls Short:

• Weak offshore regulation under the FSA in Seychelles
• Lack of verification documents during account-opening process may pose some risks
• High costs on forex trading
• Limited trading platform choices, only MT4 and CM Tradig Webtrader
• No copy trading solution supported

Is CM Trading Legit?

Regulated Country	Regulated Entity	Regulatory Authority	License Type	License Number	Regulatory Status
	GCMT Limited	FSA	Retail Forex License	SD070
	BLACKSTONE MARKETING SA (PTY)LTD	FSCA	Financial Service Corporate	38782

Currently, CM Trading is regulated by the FSA in Seychelles, holding a retail forex License. However, it is offshore regulation, less stringent than regulations in some other jurisdictions, like ASIC in Australia, FCA in the UK, and CYSEC in Europe.

CM Trading's entity in South Africa - GCMT SOUTH AFRICA PTY LTD, is a representative of the company Blackstone Marketing SA (PTY) LTD, with the latter being an FSCA-regulated entity.

CM Trading- Tracking Its Unethical Practices

Founded in 2012 in Johannesburg, South Africa, CM Trading originally is a small-scale online broker targeting investors within that region. A usual practice is their early and frequent promotion of high returns.

On November 20, 2023, the WikiFX investigation team paid a physical visit to CM Trading's registered address at Unit A, House of Francis, Ile du Port, Mahe, Seychelles, and it only confirmed that CM Trading does not have a physical presence at that place.

CM Trading through Facebook posts claiming high-profile information leaked during a TV interview related to making loads of money through trading.

CM Trading Accounts

CM Trading Minimum Deposit

CM Trading requires a minimum transaction of $20 and a minimum deposit of $299 for its Basic account, with tiered accounts requiring deposits up to $250,000. This relatively high minimum deposit, especially considering CM Trading's offshore regulation, posing great risks. A comparison with other forex brokers shows that CM Trading, operating under less stringent regulatory oversight, demands a higher initial deposit than many of its counterparts. This practice is often seen with loosely regulated brokers, potentially used to attract high-value clients, offset operational costs, or both.

Broker	CM Trading	XM	FBS	Eightcap	eToro	Exness
Logo
Regulations	FSA (Seychelles)	ASIC, CYSEC, FSC, DFSA	ASIC, CYSEC, FSC	ASIC, FCA, CYSEC, SCB	ASIC, CYSEC, FCA	FCA, CYSEC, FSCA, FSA
Minimum Deposit	$299	$5	$10	$100	$10	$10

CM Trading Accounts

CM Trading accounts offer five options, all promoting large bonuses to attract investors. These five accounts are all built on a zero-commission model, and narrower spreads can be only obtained in more expensive accounts. The Basic Account comes with Daily Market Reviews, Negative Balance Protection, and e-books, offering a bonus of $100. The Trader account, with a $500 bonus, adds one-on-one Zoom training, Trading Central signals, and multi-currency support.

The Gold account, asking for a high minimum deposit of $20,000, offers spreads on the EUR/USD pair from 1.9 pips, much wider than the industry level. Despite this, it advertises a large bonus of up to $8,000, showing great attraction for most investors. The Premium account, requiring $85,000 to start trading, offers a big bonus of $40,000. And in this account, spreads start from 1.9 pips, not competitive at all. Some benefits along with this account include access to ECN accounts, personalized seminars, and training. The last account type, VIP Club, requires a minimum deposit of $250,000, offering a bonus of $150,000, in this account, spreads start from 1.9 pips, and this account holder can get VIP Concierge service, 9% annual interest guaranteed. Here we note the worrying sign from its so-called annual interest. And it seems that this broker is using large bonuses and high return rates as a hook to lure investors. Forex brokers, especially offshore brokers, often use this tactic as their mask to hide their real color.

Aside from these accounts, CM Trading also provided Islamic accounts for Muslim traders.

How to open an account with CM Trading?

Opening an account on CM Trading is quite easy and requires no complex documents.

Step 1: Click the “ Sign up” or “ Start Trading” button on the upper right corner or in the middle of the CM Trading homepage.

Step 2: The next page popping up will require you to provide some personal information, including your name, email address, and phone number, date of birth, address to proceed.

Step 3: Then you come to the dashboard where you can make a deposit. Available payment methods include Skrill, Neteller, Cryptos (USDT, BTC, ETH, USDC, BEP, TRC20), Standard Bank, Discover, and Sticpay.

Step 4: After making a deposit, you can start real trading with the CM Trading platform.

CM Trading's reportedly quick and easy account opening process, taking only 10 minutes with minimal documentation though, is not a shining point. While convenient, the absence of standard identity verification procedures, like requiring a government-issued ID or passport, is unusual for reputable forex brokers. This lax approach may be a ploy to rapidly acquire clients and their deposits.

CM Trading Demo Account

CM Trading offers free demo accounts pre-loaded with $50,000 in virtual funds. New traders are encouraged to open a demo account to explore the trading environment and familiarize themselves with the platform. While CM Trading doesn't specify a demo account duration, it's likely they are automatically closed after a period of inactivity.

Compared to other brokers, particularly those specializing in forex trading, CM Trading's demo account offerings are less robust. A comparison with other brokers highlights this difference in account conditions.

Broker
Account Duration	Not specified	40 Days	30 Days	No time limit	12 Weeks	30 Days
Amount of Virtual Funds	$50,000	$1,000,000	Unlimited	$100,000	£10,000	$50,000
Unlimited	No	No	No	No	No	Yes

CM Trading Review on Trading Platforms & Trading Tools

CM Trading provides a limited choice of trading platforms, MetaTrader 4 and CM Trading CopyTrader only. Some trading tools provided include Daily Trading Signals, Calculators, and Economic Calendars. Some popular and user-friendly trading platforms like MetaTrader 5, Tradingview, and cTrader are not provided.

CM Trading Deposit and Withdrawal

CM Trading Deposit: Methods, Fees and Processing Time

CM Trading offers mostly e-wallets, including Skrill, Neteller, Perfect Money, and CryptoPayment, and some region-specific methods. Bank transfer can be chosen in certain regions only. The minimum deposit is $20. CM Trading boasts that they do not charge any deposit fees, regardless of the deposit method used. They also state that all deposits are processed instantly.

Logo	Deposit Methods	Minimum Deposit	Fees	Processing Time
	Cryptopayments	$20	No fees	Instant
	Skrill	$20	No fees	Instant
	EFTPay	$20	No fees	Instant
	Neteller	$20	No fees	Instant
	Perfect Money	$20	No fees	Instant
	Google Pay	$20	No fees	Instant
	Apple Pay	$20	No fees	Instant
	Mobile Money	$20	No fees	Instant
	Bank Transfer	$20	No fees	Instant
	Hayvn	$20	No fees	Instant
	Online Bank transfer	$20	No fees	Instant
	Voucherry	$20	No fees	Instant
	Cash Payments	$20	No fees	Instant

CM Trading Withdrawal

The minimum withdrawal amount is $20. According to CM Trading, clients can only withdraw the original funds ( except profits) by the same methods that were used for deposits.

How to withdraw funds from the CM Trading Platform?

Step 1: Visit the www.cmtrading.com, and login into your personal trading account.

Step 2: After logging into the portal, click the “Withdraw” tab on the left side.

Step 3: Specify the amount you wish to withdraw and the reason for the withdrawal.

Step 4: Click the “Submit” button to complete the withdrawal request. You will receive an email to confirm your withdrawal request was successful.

Any withdrawal request will be processed within 3 business days. Notably,profits cannot be withdrawn by debit/credit card.

User Reviews on CM Trading Withdrawals

Case 1: UNABLE TO WITHDRAW MY MONEY(SCAM)

“I traded with cmtrading and withdrew little moneys but when I deposited huge fund cmtrading refused to process my withdrawal accessing me that they mistaken send fund to my account which I didn't see because my address changes. norther have refused to pay me my money because of the false account they refused to give me my money. They also closes my trade unauthorized to blow my account I complained . I was trading with another broker before Caesar from Cmtrading persuaded me to use their broker. After reading bad and scam review i refused but he persisted which I later agreed now I'm a victim of the scam. they refused to give me my money. everything about cmtrading is terrible even their license is exceeded. they open and close trades in my account. cmtrading give me my money.”

Posted in 2023

CM Trading Withdrawal Experience: ⭐

A Nigerian trader said that he made a huge deposit, only to have his subsequent withdrawal request denied. Instead, CM Trading told a lie that they had sent funds into this trader's account. What's more, CM Trading also closed this trader's trades without informing him. Until then, this trader began to realize that CM Trading is a scam. This review was posted approximately 3 years ago, suggesting a history of serious issues with the broker, and CM Trading is not a reliable broker to trade with.

Case 2: Please but please help

“ I can not withdraw $4500 from my CMtrading account ID: 140976643. Can you please help? All documents are attached. The institution where I live in January is cheating on me with different excuses. I want to withdraw my deposit.”

Posted in 2023

A Turkish trader reported struggling to withdraw $4,500, alleging that CM Trading provided various excuses rather than processing his request. He appealed for help in recovering his funds. This incident, combined with similar reports, strongly suggests that CM Trading has serious withdrawal problems, contradicting their advertised ease and speed of withdrawals.