Operates under the Blackstone Marketing Private Limited, CM is the leading and largest forex broker of South Africa. The owners of CM trading create this platform to promote online forex business. CM trading has provided exceptional services in the area of Index, commodity, and forex trading.
In addition, CM trading has been regulated by authorities in routine. So they will provide you with a safe and secure environment to invest your money. Furthermore, CM trading has a technology-driven process. That’s why you can trade your Cryptocurrency at their platform without any worry.
Moreover, we will share the complete CM trading review with you. So you can use this platform wisely.
Is CM trading Safe or Scam?
The chances of CM trading to do scam are invisible because it’s been regulated by FSCA that among the South African safest regulatory body. However, CM trading doesn’t check by European scrutiny, but FSCA policies are acceptable enough to give this forex broker a green signal. Therefore, CM trading offers fair and transparent trading surroundings to its customers.
In addition, CM trading saves your forex accounts in the banks of Nedbank and Barclays PLC. Furthermore, CM trading will keep your funds away from their company stocks in a different section. That’s why the broker doesn’t have a chance to scam with their client’s money.
Therefore, we concluded that CM trading offers safe and secure conditions to its customers. Moreover, due to the company trading policy, they will refund your investment after verification if you are ever caught in any scam.
What are CM Trading Pros and Cons?
Before you open an account in CM trading, it’s crucial to understand the pros and cons offered by this platform. So firstly, let’s discuss the pros of CM trading.
- CM Trading offers separate accounts to secure their clients’ funds.
- Founded in 2011, CM trading has worked in the forex market for a long time and has gained the trust of its customers.
- You have to pay only USD 100 in terms of CM trading minimum deposit fee.
After seeing the pros of CM trading, we now proceed towards some cons of CM trading
- CM trading has offered a minimum range of trading instruments to their clients
- This trading platform doesn’t FCA regulated. However, FSCA does check CM trading operations.
The pros of CM trading outweigh its cons. Therefore, it’s an excellent choice to do forex business through CM trading.
How much leverage does CM trading provide?
Leverage offers to earn more money than you have deposited in your forex account. Therefore, if you trade as per leverage requirements, then you’ll deal with a better rate. However, CM trading provides you with a leverage of 400:1. So you can have a margin of 1000 USD on the deposition of $ 400,000.
In addition, CM trading allows you to trade in 28 currencies such as Euro, USD, and ZAR with an instant withdrawal and online bank transaction.
The Bottom Line
We have discussed the CM trading review in detail with you. Now you have known CM trading safety regulation, benefits and leverage, so trade wisely on this platform and increase your forex expertise.