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CM Trading

Your capital is at risk.
Documentation

Our ranking #55

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States
Not available in United States.

Updated: October 2025

Regulated
Variable Spreads
Crypto CFD trading
Copy Trading
Academy
1:200 Leverage

Results based on live trading

CM Trading ranks number 55 on TraderGuide’s ranking list. Our rankings are based on the cost of trading with CM Trading across the 16 most commonly traded global instruments. We monitor spreads during both the EU and US sessions and record the widest spreads observed.

What you need to know about CM Trading

CM Trading, established in 2012, is a South African-based broker regulated by the Financial Sector Conduct Authority (FSCA), offering a range of trading instruments including forex, commodities, indices, and cryptocurrencies.

The broker provides access to platforms such as MetaTrader 4 (MT4), a web-based trader, and mobile apps, catering to both beginner and experienced traders. CM Trading also emphasizes client education, offering resources like webinars, eBooks, and video tutorials to support traders in developing their skills.

What do we like about CM Trading?

CM Trading's commitment to client education is evident through its comprehensive range of educational resources and research tools. The broker offers daily market analysis, including technical and fundamental reports, which are presented in a clear and concise manner, making them accessible even to those new to trading.

The broker also offers social and copy trading through its CopyKat platform, enabling traders to follow successful and experienced investors, automatically mirroring their strategies directly into their own accounts.

What concerns us about CM Trading?

One of the primary concerns with CM Trading is its spread costs. The broker's spreads on major commodities are significantly higher than those offered by many competitors. For instance, we reported the spread on US CRUDE to be as high as 17.00 points, while SILVER is approximately 10.70 points, and the DAX index spread is around 4.40 points. These elevated costs can erode potential profits, especially for active traders who rely on tight spreads to execute their strategies effectively.

Additionally, while CM Trading offers a range of educational resources, some users have reported that the quality and depth of these materials can vary. This inconsistency may impact traders who are seeking comprehensive and advanced educational content to enhance their trading skills.

Should you trade with CM Trading?

CM Trading presents a solid option for traders who are looking for a broker that offers a variety of trading instruments. The availability of social and copy trading features can also be appealing for those seeking to learn from more experienced traders.

However, the broker's high spread costs may be a significant drawback for active traders or those with tight profit margins. These elevated costs can reduce the overall profitability of trades, making CM Trading less attractive for traders who prioritize low transaction costs.

In summary, while CM Trading offers valuable educational resources and a range of trading features, its high spread costs may limit its appeal for certain traders. Prospective clients should carefully consider these factors and compare them with other brokers to determine if CM Trading aligns with their trading needs and objectives.

Best 4 Brokers

Across United States.

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Bid – Ask Spreads

Total Score = 69.80
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 0.70

DAX : 4.40

CAC : 3.30

NASDAQ : 3.00

DOW JONES : 4.30

SP500 : 2.90

Total: 18.60
Forex

EUR/USD : 2.00

GBP/USD : 2.60

USD/JPY : 2.90

EUR/JPY : 7.60

USD/CHF : 2.50

AUD/USD : 2.10

USD/CAD : 2.70

Total: 22.40
Commods

US CRUDE : 17.00

GOLD : 1.10

SILVER : 10.70

Total: 28.80

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