Review

CM trading reviews 2022 | Is CMTrading a Scam or Legit Forex

CM trading reviews 2022 | Is CMTrading a Scam or Legit Forex

The diary of a Trader – From Traders to Traders


What is CM Trading?
According to research in South Africa, CM Trading is a brand name that operates under BLACKSTONE Marketing SA (PTY) LTD. The company is one of the world’s most innovative Forex brokers and the largest broker in South Africa.

CM Trading was founded by traders for traders and combines years of experience to create a one-stop destination for online trading. As an online Forex broker, CMTrading specializes in Forex, Index, and Commodity trading.

Traders can invest with confidence in a highly safe and regulated environment that enables traders to use Forex, Index, and Commodities, including Cryptocurrencies, through a seamless, technology-driven process.

Safe or Scam?

CM Trading is regulated by the FSCA in South Africa and has its headquarters in Seychelles. While the company does not fall under any European regulatory bodies, which is more widely synonymous with trusted brokers, the FSCA is a high-quality regulatory agency.

The FSCA follows stringent regulatory guidelines that are designed to ensure a fair and transparent marketplace for all companies operating in the financial markets.

The FSCA does not have the same reputation that other regulatory agencies possess, which can act as a hindrance to the company while advertising its services to the global pool of retail traders.

As such, the US market remains closed to CM Trading, and EU traders will also find it difficult to garner enough support from the broker due to the absence of an EU regulation.

However, CM Trading holds all of their client’s funds in segregated accounts in Barclays PLC and Nedbank.

The funds are kept strictly separate from the company’s accounts, and it is impossible for the broker to misuse a client’s trading capital for any other purpose.

FCA’s CM Trading regulation also states that the broker should keep the company financials separate from their trader’s financials, and routine audits will serve as a sound reference point to ensure that the broker only indulges in fair and honest financial dealings.

Thus, potential traders can be sure of a safe and securely regulated trading environment from a broker that offers seamless technological integration and a wide array of trading instruments.

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