Year Established: 2011
Platform: MetaTrader 4
Min. Deposit: $250
|Doesn't Accept US||Regulation||Demo Account|
CM Trading is a rapidly growing brand name in the forex market. Around since 2011, they have built a reputation as a good place for beginner traders. Customer service is good, and new traders can start with a demo account, letting them learn the basics of trading before moving up to live trades in the market.
- Minimum Deposit: $250
- US Friendly: No
- Demo Account: Yes
- Bonus: Yes
- Currencies: All major currency pairs
- No. Assets: 70
- Asset Classes: Stocks, Commodities, Currencies, Indices
- Trading Features: Expert advisers, custom indicators
- Software Platform: Meta Trader 4
Customer education is one of CM Trading’s strongest points. CM Trading aims to make forex trading an easier, more user-friendly experience. A variety of training videos and trading analyses are available for novice traders, and there are webinars and daily forex news for more knowledgeable traders.
CM Trading also offers CopyKat, a special feature using social media methods to make trading easier for everyone. Specifically, CopyKat lets customers copy the transactions of a successful trader. It’s a good way to get started trading; the ‘newbie’ can just follow someone who has been successful in the in the market, and set CopyKat to automatically make the same trades.
Deposits and Withdrawals
Account deposits at CM Trading can be made by Mastercard, Visa, Intercash prepaid cards, CashU, or wire transfers. Withdrawals can be made directly to the trader’s bank account or credit card. Customers should be aware that the company requires some basic identification documents to verify the first deposit or withdrawal. The service department handles the transactions quickly and accurately.
CM Trading uses the MetaTrader 4 (MT4) platform. The customer has to download a software package; however, the software installation is easy. MT4 does take some time to get used to, but is worth the effort. The platform offers the trader excellent charting options to track market performance of a wide variety of currency pairs. Making trades can be done at the click of a button, based on real-time market information.
CM Trading also offers mobile and tablet platforms, and a no-download web trading platform. All of these options use the same account login as MT4, and give the customer easy access to the forex markets.