CM Trading Review

Is CM Trading Scam or Legit broker?

CM Trading is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade with CM Trading. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.

• The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus, engagement in trading with such a company means the trader will believe only in the broker’s words, and of course, it is a high risk.

What is CM Trading?

CM Trading is a Forex broker and the Brand name of Seychelles-based Global Capital Markets Trading and BLACKSTONE Marketing in South Africa.

• The key requirements for the Seychelles license are: a domestic company in Seychelles with a share capital of USD 50,000 and an operational office in Seychelles. The advantages of this license are speed and low cost.

The main office is located in Johannesburg, South Africa and they also provide international phone numbers in the UK, France, Canada, Malaysia, Brazil, and Saudi Arabia. Although the company is not regulated in these countries, most probably is targeting its residents.

Overall CM Trading Ranking 

With our revelations on regulations and safety issues of CM Trading, we do not rank positively CM Trading, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

• CM Trading Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.

CM Trading Alternative Brokers

As our research revealed safety issues with CM Trading, here we offer much better Alternatives to CM Trading with good regulations and great trading conditions. We select Good Brokers and trustworthy options for your comparison below: 

• Pepperstone – Best Broker for Low Minimum Deposit
• Interactive Brokers – Good for Real Stock Trading
• Plus500 – Good for Futures Trading

Deposits and Withdrawals

At CM Trading, making deposits and withdrawals is safe and easy. The broker offers various deposit and withdrawal options, including Bank Transfer, Credit/Debit Card, and e-wallets such as Skrill, Neteller, and Mpesa. 

• Deposit and Withdrawal methods may vary from country to country 
• If an account has open positions, the withdrawal request may be declined to protect traders’ positions. They first need to close any open positions before procee,ding. 

CM Trading Review Conclusion

It is always better and safer to trade with a reliable broker licensed by Australia’s ASIC (Check out ASIC brokers), Cyprus’ CySEC or UK’s FCA. Check the list of FCA-regulated brokers here. Traders are recommended to trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and Eightcap.

• Overall ranking and experience for CM Trading is Negative