CMTrading is a well established FSCA regulated online broker in South Africa. They have been in business since 2012. Official website is: https://www.cmtrading.com/.
CMTrading Review
When we reviewed CMTrading, we see that they are offering investors a wide range of trading tools and apps to use. Professional forex traders will see that they offer you the industry standard MT4 (Meta Trader 4) trading app. This allows you to use an EA Expert Advisor addon.
New investors will find the Sirix trading platform, which is web based trading app. It is extremely user friendly, and easy to learn how to use very quickly. CopyCat is a very popular feature with day traders today, because it allows you to watch and copy the strategy employed by other traders. As they say on their website; “Even if you are new to trading, you’ll have the opportunity to trade like the professionals with one simple click”.
You will find listed for trading hundreds of underlying assets in the categories of; Forex, Exotic Currency pairs, Crypto, Oil, Gold, Stocks, and Market Indexes. When trading contracts for difference, you are investing with leverage as high as 100:1 depending on the asset. The appeal of using margin is, that you can make large profits quickly, but at the same time the risk is much greater.
Is CMTrading a Licensed Broker?
All online financial brokers must be licensed and regulated by the government regulatory agency. In Australia that is ASIC and in the United Kingdom it is FCA. If a broker is not licensed by one of these agencies, then there is good reason to suspect fraud.
CMTrading is an international broker that is operated by two entities.
- Seychelles: GCMT LTD is a Securities Dealer registered in Seychelles with registration number 8425982-1. They are licensed by the Financial Services Authority (FSA), license number SD070. Located at: Block B, No. 6, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
- South Africa: GCMT SOUTH AFRICA PTY LTD, Registration No. 2013/045335/07 is a juristic representative and agent of BLACKSTONE MARKETING PTY LTD, Registration No. 2009/002519/23 (FSP No. 38782). Located at: 14th Floor, Sandton City Office Tower 9, Corner Rivonia Road and 5th Street, Sandton, Johannesburg, 2169, South Africa.
Start trading with a Free Demo Account.
How to Contact CM Trading
The best way to contact your broker is via phone at: South Africa: +27 10 500 80 26 or United Kingdom: +44 203 318 2176. You can WhatsApp them at: +27640054015.
Email address for trading questions is: [email protected], and general support is: [email protected]. Official website is: https://www.cmtrading.com/.
Compare Online Brokers
Did you know that there are hundreds of online CFD brokers operating today, that are licensed and regulated? It would be smart for you to take a minute and compare a few brokers.