CM Trading fees and spreads start from as little as 0.9 pips to a maximum spread of 1.2 pips for €/$ currency. Trading fees and spreads may vary depending on the trading account used, as well as the deposit method which is used by the trader, according to research in South Africa
A Quick Overview of our CM Trading Fees and Spreads Review:
- ☑️Overview
- ☑️Fees, Spreads, and Commissions
- ☑️CMTrading At a Glance
- ☑️CMTrading Customer Reviews
- ☑️Pros and cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- CMTrading is a leading international brokerage specializing in CFD trading.
- They provide a "one-stop shop" experience with local support, particularly strong in Africa and the Middle East.
- They stand out for their Protected Stage phase, where clients can start trading with virtually zero risk, AI tools, and dedicated market analysts for higher-tier accounts.
CMTrading Fees, Spreads, and Commissions
- Spreads: Variable (Floating).
- Commissions: $0 for Basic/Trader accounts (costs built into spread). ECN-style spreads on Premium/VIP may include a small commission.
- Inactivity Fee: Charged after 3 months of no trading activity (usually $15–$30/month).
- Currency Conversion: Applied when trading assets denominated in a currency different from your base account currency (approx. 0.5%).
- Deposit/Withdrawal Fees: CMTrading does not charge internal fees, but bank/e-wallet providers may apply their own transaction costs.
| 📌 Broker |  |
| 📈 Trading Fees Class | Standard accounts: No commission ECN Accounts: $5–$7 per leg |
| 💰 Required Min Deposit | $250 |
| 🔁 Withdrawal Fee | Fees may apply depending on method/currency |
| 💳 Deposit Fees | Generally free |
| 📝 Average Spread | Basic/Trader: Regular/Plus spreads. o Gold/Premium/VIP: As low as 1.5 - 1.9 pips on EUR/USD. |
| 📝Sign up | 👉 Open Account |
What fees does CM Trading charge for trading?
CMTrading operates on a commission-free trading model for most account types. Traders primarily pay the spread, which varies depending on the account and instrument. There are no hidden fees, but standard withdrawal and inactivity fees may apply under certain conditions.
How competitive are CMTrading spreads and commissions?
CMTrading offers tight and competitive spreads across forex, commodities, and indices. Spreads vary by account type, with higher-tier accounts benefiting from lower spreads. Commissions are generally waived, making it cost-effective for traders while still providing access to advanced market tools.
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Now |
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | Visit Now |
| 🥉 |  | Read Review | CySEC, IFSC, DFSA, FCA | $5 | Visit Now |
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $0 | Visit Now |
| 5 |  | Read Review | FSA, FSCA | $250 | Visit Now |
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | Visit Now |
| 7 |  | Read Review | FSC, FSCA | $50 | Visit Now |
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | Visit Now |
| 9 |  | Read Review | CySEC, MWALI, FSCA | $25 | Visit Now |
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 | Visit Now |
CMTrading At a Glance
| Company Information | |
| 📅Year Founded | 2012 |
| ⚙️Current CEO | Ibrahim Abu Aita |
| Founder/s | Daniel Kibel, Maurice Krawczyk |
| 🧑🏻💻Amount of staff | 250 |
| 👩💻Amount of active traders | Over 2,000,000+ registered members worldwide. |
| 🌐Publicly Traded (Listed Company) | No (Private Company). |
| 🏦 Headquartered | South Africa |
| Regulation and Security | |
| 🛡️Regulation | FSCA (South Africa): GCMT South Africa Pty Ltd is regulated by the Financial Sector Conduct Authority, License No. 38782. FSA (Seychelles): GCMT Limited is regulated by the Financial Services Authority of Seychelles, License No. SD070. |
| 🌎Country of regulation | South Africa and Seychelles. |
| 💻Account Segregation | Yes (Client funds are kept in top-tier banks separate from company operational funds). |
| 🪫Negative balance protection | Yes (Available on all retail accounts). |
| 🪙Fund Withdrawal Fee | Generally No (3rd party provider fees may apply). CMTrading may charge fees on inactive accounts with no trading volume. |
| 📊Spreads from | Basic/Trader: Regular/Plus spreads. o Gold/Premium/VIP: As low as 1.5 - 1.9 pips on EUR/USD. |
| 💸Commissions | $0 (CMTrading is compensated via the spread for most account types). |
| ➕ Accounts: | Live: Basic, Trader, Gold, Premium, VIP Club. Demo: Available (Free, access to MT4/ WebTrader). Islamic: Available upon request (Swap-free). |
| 💰 Minimum Deposit: | Basic: $250+ Trader: $2,000+ Gold: $20,000+ Premium: $85,000+ VIP: $250,000+ |
| 📇 Account Base Currencies: | USD, EUR, GBP, ZAR. |
| 💱Number of base currencies supported | 4 |
| 💳 Institutional Accounts: | Yes (Corporate accounts available). |
| 🚀Swap Fees | Charged daily for positions held past 21:00 GMT. Calculated based on interest rate differentials. (Swap-free for Islamic accounts |
| 📈Leverage | Up to 1:200 for Forex; up to 1:100 for Indices/Commodities. |
| 📏Margin requirements | Margin Call: Typically 50%. Stop Out: 20%–30%. |
| ☪️Islamic account (swap-free) | Yes, swap-free on request (admin fees may apply after a certain holding period). |
| 💻 Demo Account: | Yes (No expiry if active, $50,000 virtual funds, MT4/Web access). |
| 💳Deposit Options | Credit/Debit Cards (Visa/Mastercard), Wire Transfer, EFT, Neteller, Skrill, M-Pesa, Local Mobile Money. |
| 💵Withdrawal Options | Same as deposit |
| 🕞 Processing Time: | Deposits: Immediate (Card/E-wallet); 2–3 business days (Wire/EFT). Withdrawals: Processed within 3 business days; 3–7 days to reach bank account. |
| Welcome Bonus | No |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), CMTrading WebTrader |
| 👩💻OS Compatibility | Windows, Mac (Web), iOS, Android |
| ⌛ Order Execution Time: | Instant execution/Market execution (High speed via MT4). |
| 🤖Advanced AI Tools | AI news, AI Chart scanner, Trading central |
| 📉Trading Instruments | Forex – 40 [AUDCAD, EURUSD, GBPJPY, USDMXN, EURHUF] Stocks– 65 [APPLE, TSLA, AMZN, SAP, BMW, NVIDIA, GOOGL Indices – 13 [FRANCE40, GERMANY30, US30, UK100, US500] Commodities – 11 [CRUDE.OIL, XAUUSD (Gold), XAGUSD (Silver), CORN, WHEAT] Crypto – 11 [BTCUSD, ETHUSD, LINKUSD, SOL, SHIBUSD, ADA] |
| 🖥️Forex trading tools | Trading Central signals, Daily Market Analysis, AutoChartist, Economic Calendar. |
| Customer Support | |
| 🗣️Live chat availability | Yes, available 24/5 |
| 📱Customer Support email address | support@cmtrading.com |
| 📞Customer Support Contact Number | +27 21 109 8267. |
| 🗣️Languages supported on Website | English, Arabic, French, Spanish |
| Educational Resources and Support | |
| 📍Beginners Trader Friendly UX | Yes |
| 🖺Forex course | Yes |
| 📆 VPS Hosting: | Available (Free for high-tier accounts like Gold/Premium). |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| 📚 Resources: | 1-on-1 coaching (Gold+), Daily reviews, Training videos |
| 🖺 Forex Course: | Yes (E-books and video series for all levels). Online Trading Academy |
| Partnerships and Programs | |
| 🪪Affiliate program | Refer a Friend: $100 bonus for both parties (on $250 deposit). |
| 📋IB Program | Custom commission/rebates based on lot volume. |
| 👨🏫Amount of partners | Over 50,000 |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Notably sponsors local sports and seminars in South Africa and Nigeria. |
| 🪙Rebate program | Up to 20% cash back rebate for Gold accounts and above |
| 👤Social Media Platforms | Instagram, LinkedIn, YouTube, X (Twitter). |
| South African Trader Specific Information | |
| Does CM Trading Accept South African Traders? | Yes |
| Is CM Trading regulated by the South African regulatory body (FSCA)? | Yes |
| Does CM Trading offer an Affiliate Program for South African Traders? | Yes |
| Does CM Trading allow opening trading accounts in ZAR (South African Rand)? | Yes |
| 📝Sign up | 👉 Open Account |
CMTrading Customer Reviews
- The customer base at CMTrading assesses the company positively due to its easy-to-use platforms and multiple trading accounts, together with its quick customer service team.
- Users appreciate the educational resources at CMTrading since these help traders of all skill levels enhance their abilities.
- Several customers have voiced issues regarding withdrawal procedures since they feel these procedures could use improvement.
- The trading community recognizes CMTrading positively because it provides social trading alongside competitive bonuses as part of its useful feature set.
| 🔎 Feature | Customer Feedback | Rating |
| 💻Trading Platforms | User-friendly and feature-rich platforms | ⭐⭐⭐⭐⭐ |
| 📚Educational Resources | Helpful for beginners and experienced traders | ⭐⭐⭐⭐⭐ |
| 📞Customer Support | Responsive but could improve in resolution time | ⭐⭐⭐⭐☆ |
| 💳Withdrawal Process | Some delays reported, but funds are received | ⭐⭐⭐☆☆ |
| 🎁Bonus Offers and Promotions | Attractive offers, but terms should be clearer | ⭐⭐⭐⭐☆ |
| 👥Social Trading | Well-received feature, beneficial for beginners | ⭐⭐⭐⭐⭐ |
| 👍Overall Satisfaction | Mostly positive, with some areas for improvement | ⭐⭐⭐⭐☆ |
Customers Ratings
| 🔎 Feature | 📝 Feedback Summary | ⭐ Rating |
 | Mixed reviews, with some praising execution but others noting slippage issues. | ⭐⭐⭐☆☆ |
 | Concerns about withdrawals and customer service, but some positive experiences. | ⭐⭐☆☆☆ |
 | Users report ease of use but mixed opinions on spreads and fees. | ⭐⭐⭐☆☆ |
 | Generally positive, but some complaints about account verification delays. | ⭐⭐⭐⭐☆ |
 | Mixed feedback, with both satisfied and frustrated clients. | ⭐⭐⭐☆☆ |
 | Good trading conditions mentioned, but withdrawal speed is a concern. | ⭐⭐⭐☆☆ |
Pros and cons
| ✅ Pros | ❌ Cons |
| Broker segregates client funds from its own funds | Deposit fees and withdrawal fees charged depends on the deposit method |
| Islamic accounts available | Inactivity fees charged |
| Minimum deposit from only $100 / ZAR R1600 | Limited range of instruments to trade when compared to some other brokers |
Conclusion
CM Trading fees and spreads start from as little as 0.9 pips to a maximum spread of 1.2 pips for €/$ currency.
You might also like:
CM Trading Account Types OverviewCM Trading Demo AccountCM Trading Islamic Account OverviewCM Trading Minimum Deposit CM Trading Sign up Bonus
Frequently Asked Questions
What fees does CM Trading charge?
CM Trading primarily charges trading fees through spreads rather than direct commissions. Additional non-trading fees may include inactivity fees and withdrawal charges, depending on account usage. Traders should review full pricing details as costs can vary by account type and trading activity.
Does CM Trading charge commission on trades?
CM Trading generally offers commission-free trading, meaning brokers earn through the bid-ask spread instead of charging a fixed fee per trade. However, certain ECN-style accounts may include commissions alongside tighter spreads for more advanced trading conditions.
What are CM Trading spreads?
Spreads at CM Trading are variable and depend on market conditions, account type, and instrument traded. Typical spreads can range from around 0.9 pips to 1.2 pips on major forex pairs, although they may widen during volatility.
How does CM Trading make money from spreads?
CM Trading earns revenue through the difference between the bid and ask price, known as the spread. This acts as the trading cost, meaning traders pay indirectly when opening positions instead of paying separate commission fees.
Are CM Trading spreads fixed or variable?
CM Trading typically offers floating (variable) spreads that change depending on market liquidity and volatility. During stable conditions, spreads remain tighter, but they can increase significantly during major news events or periods of low liquidity.
Are there any hidden fees with CM Trading?
While trading is mostly commission-free, traders may encounter additional costs such as inactivity fees, overnight swap charges, and withdrawal fees. These are standard across many brokers but should be reviewed carefully before trading.
Does CM Trading charge overnight fees?
Yes, CM Trading applies overnight (swap) fees for positions held beyond the trading day. These fees depend on the instrument, trade direction, and market conditions, and are calculated daily based on interest rate differentials.
Are spreads different across account types?
Yes, spreads vary depending on the account type. Basic accounts usually have wider spreads, while premium or ECN accounts offer tighter spreads, sometimes starting as low as 0.1 pips, often combined with a small commission per trade.
Does CM Trading charge deposit or withdrawal fees?
Deposits are generally free, but withdrawal fees may apply depending on the method and account tier. Additionally, currency conversion fees might be charged if you fund your account in a different currency than your trading account.
Is CM Trading considered low-cost or expensive?
CM Trading offers relatively competitive pricing with no commissions and moderate spreads, but some reviews suggest costs can be higher than certain low-cost brokers. Overall, it suits beginners, though active traders may prefer tighter spread environments.
You Might Also Like
Recommended brokers
