CM Trading offers a free demo trading account for beginner traders to train on. Ideal for traders who want to learn to trade without incurring any trading risks or losses. CM Trading practices forex trading in a 100% risk-free environment, according to research in South Africa.
CM trading demo accounts are available that simulate any of the live trading accounts. The following demo accounts are available:
| 🔎 Account | 📈 Bronze Account | 📉 Silver Account | 📊 Gold Account | 📈 Premium Account |
| 💵 Minimum Deposit (USD/$) | $100 | $1 000 | $10 000 | $100 000 |
| 💳 Minimum Deposit (ZAR/R) | R1 600 | R16 000 | R160 000 | R1 600 000 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
CM Trading Demo accounts – at a glance
- ✔️ Stimulates live trading: Traders have access to the same functions, features, and options that they normally would on a live trading account.
- ✔️ Can be used by all traders: A Demo account is not intended only for beginners, but it also provides more advanced or skilled traders the opportunity to explore what another broker, like CM Trading, has to offer.
- ✔️ Risk-free: A demo account is risk-free since traders make use of virtual funds to conduct trading. Due to this, traders cannot withdraw any profits made on the demo account.
- Features: Traders have access to the same functions, features, and options that they normally would on a live trading account.
Min Deposit USD 300 Regulators FSA, FSCA Trading Platform MT4, PandaTS, Webtrader Crypto Yes Total Pairs 174+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
A Quick Overview of our CM Trading Demo account Review:
- ✔️CM Trading Demo accounts – at a glance
- ✔️A Quick Overview of our CM Trading Demo account Review:
- ✔️How to set up a Demo Account – Step by Step
- CM Trading pros and cons
- CM Trading at a glance
How to set up a Demo Account – Step by Step
Follow these 3 steps to open a CM Trading demo account:
1. Step 1 – Register a new account click here, this will open up a new screen where you will get access to register your new account.
2. Step 2 – Fill out the form with all your necessary details. This info will include details such as your first name, last name, email address, and mobile number. Remember to accept the T&C’s.
3. Step 3 – Choose your account type. If you wish to practice trading then choose a Demo account.
Once your deposit has been made your account will be activated, and you can start. Your demo account offers you the same features, functions, and options that you would find on a live trading account.
New accounts are processed via an online application, along with the established industry standards.
Min Deposit USD 300 Regulators FSA, FSCA Trading Platform MT4, PandaTS, Webtrader Crypto Yes Total Pairs 174+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
CM Trading pros and cons
| ✔️ Pros | ❌ Cons |
| Established in 2011 | Does not offer VPS |
| Islamic accounts available | Limited range of instruments |
| Minimum deposit from $100 / ZAR R1600 | |
| Regulated by FSCA and FSB | |
| Segregates client funds from own funds |
CM Trading at a glance
| Broker's Name | CM Trading |
| 🏛️ Headquartered | Johannesburg, South Africa |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | FSCA, FSA |
| 🌐 Countries not accepted for trade | Not indicated |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | $100 / ZAR R1 600 |
| 💳 Deposit Options | Visa card , MasterCard, Bank Wire, EFT, OZOW, Skrill, Neteller, Mpesa, Local Mobile Money, Cryptocurrencies |
| 💳 Withdrawal Options | Visa card, MasterCard, Bank Wire, OZOW, Skrill, Neteller, Mpesa, Local Mobile Money, Cryptocurrencies |
| 💻 Platform Types | MT4, PandaTS, Webtrader |
| 📱 OS Compatibility | Desktop platforms (Windows, Mac), Web platform, Mobile: Android, iOS |
| 📈 Tradable assets offered | Currencies, Cryptocurrencies: (Bitcoin, Litecoin, Ethereum), CFDs: (Gold, Silver, Other) Precious Metals, Stocks, Stock Indexes, Oil, and Other Commodities |
| 👨💼 Languages supported on Website | English Arabic and Spanish. |
| 👥 Customer Support Languages | English Arabic and Spanish. |
| 📆 Customer Service Hours | Weekdays 8am – 9pm, Sunday 9am – 1pm |
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Frequently Asked Questions
Can beginner traders in South Africa open a CM Trading demo account?
Yes, beginner traders in South Africa are welcome to open a demo account with CM Trading brokers as it is a local South African broker.
Can I add my own balance to the CM Trading demo account?
Yes, traders can add balance of up to $50 000 / R 854 235 ZAR (at the current Rand to Dollar exchange rate) to their CM Trading demo account
Is the CM Trading demo account the same as their real live accounts?
No, traders should be aware that although the demo account from this broker present real market conditions and prices – these are only simulations and can’t reasonably reflect all the market conditions during illiquid or highly volatile periods.
How do I open a CM Trading demo account?
To open a demo account with CM Trading you have to login to the website on your portal where you can click on Live (on the top left) and select the “Add account” option. In the top right corner you can click on “Open new account” and proceed with opening a demo account
How many live accounts can I have with CM Trading?
CM Trading allow traders to open and fund a total of 4 live accounts.
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