CMTrading Review
CMTrading is a licensed and secure forex broker that provides competitive trading conditions. CMTrading offers innovative technology to novice and professional traders. The official website of CMTrading provides the most recent market updates and news.
- Louis Schoeman
Updated : June 22, 2024
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawals
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
1,700 MXN ($100)
Regulators
FSA, FSCA
Trading Desk
MT4, CMTrading Web, CopyKat
Crypto
Yes
Total Pairs
174+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
We examined a number of brokers that offer a variety of online trading services and approaches, and CMTrading is a standout among them.
CMTrading, a Johannesburg-based company, has gained significant recognition in the FX and CFD trading sectors since its establishment in 2012. They provide services to countries globally, including Mexico, in addition to their unique approach and customized services.
Our analysis indicates that CMTrading is exceptional in adhering to legislation and guaranteeing the protection of its clients. Trading is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) in the Seychelles to guarantee its safety and security.
Our research indicates that CMTrading has enhanced its website by incorporating more sophisticated features and a more user-friendly appearance. This increases the accessibility of educational resources and markets for Mexican traders.
CMTrading offers a diverse selection of account kinds, each with the most advantageous trading conditions and tools for novice and seasoned traders. Traders of all skill levels can locate a comfortable workspace, from the fundamental Bronze to the sophisticated Gold and Premium options.
The broker is dedicated to education and offers diverse tools, including webinars, video lessons, and publications. CMTrading’s emphasis on trader education, robust regulatory environment, and complete account options simplify the process of trading forex and CFDs in Mexico.
Additionally, we discovered that CMTrading has been honoured with a multitude of awards, including multiple years as the “Best Financial Broker Africa,” in recognition of its commitment to delivering great service and support.
What trading platforms does CMTrading offer?
CMTrading provides access to popular trading platforms such as MetaTrader 4 (MT4), CMTrading Web, and CopyKat, offering traders various tools and features for efficient trading.
Can I access CMTrading's services from my mobile device?
Yes, CMTrading offers mobile trading apps compatible with both iOS and Android devices, allowing traders to monitor their accounts and execute trades on the go.
At a Glance
🗓 Established Year | 2012 |
⚖️ Regulation and Licenses | FSA, FSCA |
🪪 Ease of Use Rating | 4/5 |
🚀 Bonuses | Yes, a referral program |
⏰ Support Hours | 24/5 |
📊 Trading Platforms | MetaTrader 4, CMTrading Web, CopyKat |
💻 Account Types | Bronze, Silver, Gold, Premium |
💰 Base Currencies | USD, EUR, GBP, ZAR |
📈 Spreads | From 0.9 pips |
📉 Leverage | 1:200 |
💸 Currency Pairs | 50; Minor, Major, Exotic |
💳 Minimum Deposit | 1,700 MXN ($100) |
🛑 Inactivity Fee | Yes, $15 after 60 days of inactivity |
📞 Website Languages | English, Spanish, Arabic |
✔️ Fees and Commissions | Spreads from 0.9 pips, commission-free |
✅ Affiliate Program | Yes |
🚫 Banned Countries | The United States, Hong Kong, Israel, EU regions |
👨💻 Scalping | Yes |
👥 Hedging | Yes |
🏦 Trading Instruments | Forex, Commodities, Indices, Stocks, Crypto CFDs |
🎉 Open an account | Open Account |
Regulation and Safety of Funds
CMTrading is not regulated by Mexico’s National Banking and Securities Commission (CNBV) and Banco de México (Banxico). However, CMTrading is globally regulated, as listed in the table below:
Global Regulations
⚖️ Registered Entity 🏦 Country of Registration 🪪 Company Reg. ✅ Regulatory Entity 🛍 Tier 🤝 License Number/Ref
GCMT Limited T/a CMTrading Seychelles 8425982-1 FSA 3 SD070
Blackstone Marketing SA (PTY) LTD South Africa 2013/045335/07 FSCA 2 FSP 38782
Protection of Client Funds
🚫 Security Measure | 🪪 Information |
Segregated Accounts | Yes |
Compensation Fund Member | No |
Compensation Amount | None |
SSL Certificate | Yes |
2FA (Where Applicable) | Yes |
Privacy Policy in Place | Yes |
Risk Warning Provided | Yes |
Negative Balance Protection | Yes |
Guaranteed Stop-Loss Orders | No |
Does Mexico's National Banking and Securities Commission (CNBV) and Banco de México (Banxico) regulate CMTrading?
No, CMTrading is licensed by the FSA and FSCA and follows their financial standards.
Where are my CMTrading deposits kept?
Trading funds are kept separate from CMTrading’s operational cash and cannot be used for other purposes.
Awards and Recognition
We found that the broker has received various awards for its offerings after conducting a more thorough analysis of the CMTrading website. The following were the most recent awards that attracted our interest:
Best Performing Financial Broker in Africa for 2024.
Most Trusted Forex Broker in Africa in 2024.
South Africa’s Best Financial Broker for 2024 by Global Business Review Magazine.
The company’s partner program was the Best Partner Program in the GCC, according to Global Business Review Magazine
Most Innovative Trading App in Africa by Brand Review Magazine in 2024.
Best Financial Broker in Nigeria for 2024 by Global Review Magazine.
Fastest Growing Financial Broker in the Gulf Cooperation Council (GCC).
CMTrading Account Types and Features
The tiered structure and various account types of CMTrading are quite remarkable. Traders have the ability to select the most suitable account for their financial limitations, trading objectives, and level of experience through the use of tiered accounts.
The following table provides a concise overview of each account type, followed by a comprehensive examination of each Mexican account.
Bronze | Silver | Gold | Premium | |
✔️ Availability | All traders | All traders | All traders | All traders |
💵 Markets | All | All | All | All |
💰 Commissions | None; only the spread is charged | None; only the spread is charged | None; only the spread is charged | None; only the spread is charged |
💻 Platforms | All | All | All | All |
🔨 Trade Size | From 0.01 lots | From 0.01 lots | From 0.01 lots | From 0.01 lots |
📊 Leverage | 1:200 | 1:200 | 1:200 | 1:200 |
💸 Minimum Deposit | 1,700 MXN ($100) | 4,500 MXN ($250) | 90,000 MXN ($5,001) | 900,000 MXN ($50,000) |
👉 Open an account | Open Account | Open Account | Open Account | Open Account |
Demo Account
While exploring CMTrading’s products, we were astounded by the demo account’s various features suitable for novice and seasoned traders.
This account serves as both a thorough training resource and a simulation. Mexican traders can trade risk-free with a virtual balance of up to $50,000, which is a good way to gain insight into market dynamics without experiencing actual monetary losses.
This guarantees that Mexican traders may seamlessly switch to real trading when prepared.
We were also glad to see that the demo environment covers all account types—Bronze, Silver, Gold, and Premium—enabling traders to practice with a variety of techniques at varying investment amounts and levels of complexity.
We found this beneficial in Mexico, where forex trading is still gaining popularity. The demo account, similar to CMTrading’s live accounts, granted us complete access to all trading instruments and real-time market data.
Bronze Account
The Bronze account is optimal for individuals new to forex or CFD trading in Mexico. For those who wish to experiment with trading without investing excessive wealth, it is an exceptional option, requiring a minimum investment of 1,700 MXN ($100).
We believe that the spreads on the most popular currency pairings are competitive at 1.5 pips, simplifying beginners’ trading process.
Thanks to a maximum leverage of 200:1, traders with a Bronze account can open positions larger than their deposit size. Nevertheless, this also elevates the risk and necessitates extra vigilance.
Additionally, the account offers webinars and educational materials, which are exceptional resources for acquiring knowledge about trading.
We believe that the daily market reviews are one of the most exceptional features of the Bronze account. These reviews allow beginner traders to make more educated judgments by providing useful insights into market patterns.
Silver Account
CMTrading offers a Silver account to traders in Mexico who desire to enhance their trading professions and possess a greater amount of experience.
In contrast to the Bronze account’s lower entrance barrier, we found that this account, which necessitates a minimum deposit of 4,500 MXN ($250), has more advanced features.
Mexican traders are granted access to a personal account manager who provides personalized advice and support for their individual circumstances.
In addition, traders can anticipate enhanced trading results due to significantly reduced trading expenses, which are a direct result of the tight spreads, which commence at 1.2 pips on main pairs.
In general, we discovered that the Silver account is the ideal combination of accessibility and advanced features for intermediate traders in Mexico who wish to enhance their trading experience.
Gold Account
Experienced Mexican traders will enjoy the Gold account’s extensive and competitive trading environment, which requires a minimum deposit of 90,000 MXN ($5,001).
Premium services are available to gold account subscribers, including advanced charting tools and more thorough market analysis and reports. We found that these tools’ absence makes it impossible to make informed trading decisions or fully appreciate trading possibilities.
This account category provides significantly tighter spreads for high-volume traders, with a minimum of 0.9 pips on popular forex pairs.
Gold account holders are entitled to unique invites to VIP events and advanced seminars, where they can network with other traders and seek guidance from industry professionals.
The Gold account’s accelerated withdrawal processing is particularly advantageous for traders who demand immediate asset access. The Gold account provides a robust trading environment for Mexican traders prioritizing their business.
Premium Account
Traders can open a Premium account with high net worth in Mexico for a minimum of 900,000 MXN ($50,000). This account is optimal for scalpers and high-volume traders because of its exceptional conditions, which include spreads as low as 0.1 pips on prominent pairs.
This type of account lets traders optimize their trading positions by utilizing a maximum leverage of 200:1.
We found that Premium account holders get access to the best trading signals that offer timely and actionable trading opportunities and personalized coaching from professional market analysts.
Islamic Account
CMTrading, like numerous other Forex and CFD brokers, provides Islamic accounts. Additionally, we evaluated this service in compliance with Sharia law and determined that it was appropriate for Muslim traders.
This account ensures that Mexican traders who adhere to certain religious convictions will not be charged swaps or rollover interest on equities held overnight during trading activities. Consequently, a substantial obstacle to accessing global financial markets has been eliminated.
Our investigation of CMTrading’s Islamic Account demonstrated that the account facilitates fast trade execution and settlement to preserve transparency.
Per Sharia-compliant items, the Islamic account forbids trading in equities or cryptocurrency. All trading operations adhere to the ethical standards established by Islamic regulations.
Can Mexican traders open CMTrading demo accounts?
Yes, traders can practice tactics and platforms with demo accounts.
Who should open pricey CMTrading Gold and Premium accounts?
Due to their high entrance level, CMTrading’s Gold and Premium accounts are for experienced traders and wealthy people.
CMTrading Account Registration
Mexicans can begin trading immediately after completing the simple registration process at CMTrading. Registration involves the following steps:
Step 1 – Click on the account types button.
Start by hovering over “Our Company” on CMTrading’s homepage toolbar. Select an account type from CMTrading’s “Account Types” menu.
Step 2 – Choose an account type.
Before choosing an account type, learn about all the features and how they relate to your trading needs and financial goals. Click your desired account type’s “Select” banner to register.
Step 3 – Fill out the form.
Fill out the registration form with your name, email, and phone number. Always give accurate data to streamline verification. After carefully reading the terms and conditions, please accept them to set up your account.
CMTrading vs. AvaTrade vs. BDSwiss – Broker Comparison
CMTrading | AvaTrade | BDSwiss | |
⚖️ Regulation | FSA, FSCA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | CySEC, FSC, BaFIN, FSA |
📱Trading Platform | MetaTrader 4 CMTrading Web CopyKat | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web |
💰 Withdrawal Fee | Yes | No | No |
📊 Demo Account | Yes | Yes | Yes |
📈 Min Deposit | 1,700 MXN ($100) | 1,700 MXN ($100) | 170 MXN ($10) |
📈 Leverage | 1:200 | 1:30 (Retail 1:400 (Pro) | Up to 1:1000 |
📊 Spread | From 0.9 pips | Fixed, from 0.9 pips | From 0.0 pips |
💰 Commissions | None; only the spread is charged | None; only the spread is charged | From $2 |
✴️ Margin Call/Stop-Out | From 20% | 25% – 50% (M) 10% (S/O) | 50%/20% |
✴️ Order Execution | Market | Instant | Instant/Market |
💳 No-Deposit Bonus | No | No | No |
📊 Cent Accounts | No | No | Yes |
📈 Account Types | Bronze Account Silver Account Gold Account Premium Account | Standard Live Account Professional Account Option | Cent Account Classic Account VIP Account Zero Spread Account |
⚖️ SFC Regulation | No | No | No |
💳 MXN Deposits | No | No | No |
📊 MXN Account | No | No | No |
👥 Customer Service Hours | 24/5 | 24/5 | 24/5 |
📊 Retail Investor Accounts | 4 | 1 | 4 |
☪️ Islamic Account | Yes | Yes | Yes |
📉 Minimum Trade Size | 0.01 pips | 0.01 lots | 0.01 lots |
📈 Maximum Trade Size | Unlimited | Unlimited | 50 lots |
💸 Minimum Withdrawal Time | Instant | 24 to 48 Hours | Instant |
💰Maximum Estimated Withdrawal Time | Up to 3 working days | Up to 10 days | Within 24 hours |
📞 Instant Deposits and Instant Withdrawals? | Yes, deposits and withdrawals | No | Yes |
🎉 Open an account | Open Account | Open Account | Open Account |
Trading Platforms
CMTrading’s trading platforms are designed to be user-friendly, including educational resources, sophisticated trading tools, and technology appropriate for rookie and expert traders. The following sections will assess the appropriateness of various platforms for Mexican traders.
Web
Including trading tools specifically designed to enhance trading efficiency is one of the most distinctive elements of CMTrading’s web platform. For instance, robust charting capabilities facilitate comprehensive market analyses.
We saw that the online interface of CMTrading was exceedingly user-friendly for Mexican traders who were new to forex. There is no need to download or install anything if you wish to keep things simple or use several devices. You can see it immediately from your web browser.
Additionally, various technical indicators and tools can be employed to rapidly modify the charts to discover trends and prospective trading opportunities. The platform facilitates one-click trading, which enables the rapid execution of trades without the need to switch screens.
This will be well-received by Mexicans, who must respond promptly to a fluctuating market. CMTrading’s Web platform is advantageous to all traders in Mexico, regardless of their level of expertise, due to its user-friendly style and responsive design.
MetaTrader 4
The MetaTrader 4 platform (MT4) from CMTrading is a popular choice among Mexican traders due to its reputation for versatility and reliability.
Our testing indicates that MT4 can offer a trading environment that is both dynamic and entirely reliable. The comprehensive charting package in MT4 is an exceptional feature, as it offers a diverse selection of time frames and charts to accommodate a wide range of trading techniques.
It is advantageous for short-term and long-term trading in Mexico since traders can make more informed judgments by evaluating market movements across several periods.
Its user-friendly structure and robust features make it a fantastic trading platform for new and experienced traders.
Thanks to the market execution technology of MT4, you can be certain that your transactions will be finalized at the most favourable rates with the least amount of slippage.
This is, we believe, essential for Mexican traders who operate in unpredictable markets. The trading results can be significantly influenced by the effectiveness of trade execution, which is mostly governed by the platform’s speed and stability.
CopyKat Trading
Lastly, we examined CopyKat Trading, another platform of CMTrading that provides a distinctive social trading experience.
In our opinion, CopyKat Trading’s most significant advantage is the sense of camaraderie that its members share. By establishing connections with mentors and other traders worldwide, Mexican traders can gain knowledge of trading tactics and market perspectives.
For new traders who are still learning trading tactics and those with busy work schedules who lack time to conduct in-depth market research, this platform’s capacity to replicate the trades and techniques of seasoned pros may be advantageous.
The software enabled us to easily view the performance statistics of other traders who were available for copying. Traders can mitigate risk by modifying their copy settings, such as establishing a predetermined amount for each transaction or a balanced percentage.
Unlike other trading platforms, CMTrading’s CopyKat Trading is a learning environment that enables users to acquire skills via practice.
What do Mexican traders need to trade on CMTrading platforms?
Mexican users can use either a mobile device or computer with a web browser to connect to markets through CMTrading’s web platform.
What’s the function of the CopyKat platform on CMTrading?
Mexican traders can learn from other traders on the CopyKat platform to mirror the strategies and trades of experienced traders.
Range of Markets
CMTrading provides various products tailored to the unique trading styles, needs, and strategies of Mexicans to assist them in achieving balanced portfolio diversification. The following markets are available for Mexican traders to trade with CMTrading:
📌 Instrument 📑 Number of Assets Offered 📈 Max Leverage Offered
Forex 50 currency pairs 1:200
Commodities 16 1:50
Indices 17 1:50
Stocks 109 1:10
Cryptocurrencies 21 1:2
Min Deposit
1,700 MXN ($100)
Regulators
FSA, FSCA
Trading Desk
MT4, CMTrading Web, CopyKat
Crypto
Yes
Total Pairs
174+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Leverage and Margin
Upon reviewing CMTrading’s margin and leverage policies, we found that the broker modifies its leverage limits to fit the diverse financial instruments accessible to Mexican traders.
By considering the volatility and features of each market, traders can control risk and optimize their trading possibilities more efficiently.
For Forex trading, CMTrading provides a maximum leverage of 1:200. However, traders must understand the significance of leverage in currency trading, as even minute price fluctuations can have a substantial effect, especially when higher leverage is employed.
CMTrading modifies the leverage for commodities, indices, and other asset classes to represent the risks associated with each market.
A comprehensive comprehension of margin is essential when employing CMTrading, as it pertains to the sum of funds a trader must have in their account to make and maintain positions.
The leverage offered in CMTrading’s margin-based trading system determines the margin required. For instance, a leverage of 1:200 necessitates a margin of 0.5% of the overall contract value.
Based on our observations, this method enables traders to maintain positions significantly greater than they would otherwise be able to.
Can traders from Mexico use CMTrading to trade indices?
Yes, traders from Mexico can use up to 1:50 leverage to trade on CMTrading in around 17 indices.
What is the highest leverage that Mexican traders can use when they trade crypto on CMTrading?
When trading Crypto with CMTrading, Mexican traders can use up to 1:2 leverage at most.
CMTrading Spreads and Fees
Our examination of CMTrading’s spread structure suggests that Mexican traders are poised to capitalize on the company’s exceptionally low spreads. For instance, the foreign currency market may exhibit a value disparity between the euro and the US dollar as little as 0.00001 pip.
Spreads on other assets, including crude oil and Brent, indexes, and stocks such as Apple and USTECH/NSDQ, can be as narrow as 0.01 pip.
The spread remained constant at 0.01 pips, even for highly volatile assets like BTC/USD. This narrow-spread technique may benefit high-frequency traders and those operating with minimal profit margins.
Commissions
It is easier for traders in Mexico to anticipate their trading expenses because CMTrading does not impose separate commission fees.
Overnight Fees
A comprehensive understanding of swap or overnight costs is essential for traders who maintain positions overnight. CMTrading establishes these fees, contingent upon the duration of the position and the instrument.
For example, the cost of maintaining a long position in the EUR/USD market is -14.56 points, per most recent figures. Conversely, maintaining a short position incurs a fee of two points.
These fees should be considered by Mexican traders who wish to maintain positions overnight, as they can impact the profitability of their trades.
Deposit and Withdrawal Fees
The method-specific expenses related to deposits and withdrawals are listed on the CMTrading website.
For instance, the market rate is reduced by a 4% fee for bank wire withdrawals and a 4% maximum cost for bank wire deposits. Deposits for cryptocurrency transactions incur a fee of 2.5% in addition to the market rate, while withdrawals incur a fee of 4% in addition to the market rate.
Inactivity Fees
CMTrading will impose a $15 monthly inactivity fee on accounts that have been inactive for a long period without any trading activity.
Currency Conversion Fees
Mexican traders should be mindful of the currency conversion fees imposed when trading in a currency other than their account’s base currency, as CMTrading does not provide MXN.
Do Mexican traders have to pay fees to deposit and withdraw money from CMTrading?
Yes, Mexican traders will have to pay deposit fees. For example, the highest fee for a bank wire deposit is 4%, and the lowest fee for a bank wire withdrawal is 4%.
What do "conversion fees" mean when I trade with CMTrading?
Traders from Mexico may have to pay these fees because they cannot use MXN accounts and must convert their deposits for USD, etc.
CMTrading Deposits and Withdrawals
CMTrading provides deposit and withdrawal procedures that are rather conventional. Nevertheless, CMTrading is an exceptional option for Mexicans due to its drastically reduced processing times.
The deposit and withdrawal options are presented below, as they apply to a variety of locations, currencies, and processing times:
📚 Payment Method 🌎 Country 💸 Currencies Accepted ⏰ Processing Time
MasterCard All USD, EUR, GBP, ZAR Instant (deposit and withdrawal)
Visa All USD, EUR, GBP, ZAR Instant (deposit and withdrawal)
Diners Card All USD Instant (deposit and withdrawal)
Discover All USD Instant (deposit and withdrawal)
Visa Electron All USD, EUR, GBP, ZAR Instant (deposit and withdrawal)
Bank Transfers All USD, EUR, GBP, ZAR 1 – 3 days on deposits and withdrawals
Cryptocurrency Payments All USD, IDR Instant
Skrill All USD Instant (deposit and withdrawal)
EFTPay All USD, EUR, GBP, ZAR Instant (deposit and withdrawal)
Neteller All USD Instant (deposit and withdrawal)
Perfect Money All USD Instant (deposit and withdrawal)
Deposits
How to Deposit using Bank Wire Step by Step
Navigate to the “Deposit” area of your CMTrading account.
Utilize the ‘Bank Wire’ option to make a deposit.
Information concerning CMTrading’s financial operations will be supplied. Adhere to these procedures to transfer funds from your bank account.
The desired amount should be deposited using your currency (USD, EUR, GBP, or ZAR).
Ensure that you retain the bank’s receipt for the transfer.
To accelerate the procedure, which generally takes between one and three days, provide CMTrading with proof of payment.
How to Deposit using Credit or Debit Card Step by Step
Navigate to the “Deposit” area of your CMTrading account.
Select the “Credit/Debit Card” option.
Provide the CVV, the expiration date, and the number of your card.
Specify the deposit amount in an accepted currency (USD, EUR, GBP).
Verify the transaction.
How to Deposit using Cryptocurrency Step by Step
Select the ‘Deposit’ option after logging into your CMTrading account.
Choose “Cryptocurrency” and then the cryptocurrency you wish to employ (for example, BTC or ETH).
CMTrading will assign the transfer a distinctive wallet address.
Access your personal cryptocurrency wallet, input the CMTrading wallet address, and transfer the requested amount.
The blockchain will verify the deposit.
How to Deposit using e-Wallets or Payment Gateways Step by Step
Navigate to the ‘Deposit’ box on your CMTrading account.
Choose your favourite electronic wallet (Skrill, Neteller, Perfect Money, or EFTPay).
The sum must be entered into your electronic wallet account.
Verify the payment. Deposits into e-wallets are processed promptly.
Withdrawals
How to Withdraw using Bank Wire Step by Step
Sign in to CMTrading and proceed to the ‘Withdrawal’ area.
To withdraw funds, choose “Bank Wire.”
Provide your name, your bank account number, and the SWIFT and BIC codes.
Specify the withdrawal amount in a supported currency (USD, EUR, GBP, or ZAR).
Submit the withdrawal request. A wire withdrawal from a bank typically requires one to three days.
How to Withdraw using Credit or Debit Cards Step by Step
Select the ‘Withdrawal’ option after checking in to CMTrading.
To withdraw funds, choose the “Credit/Debit Card” option.
Confirm the information on the card that was utilized to make deposits.
The amount must be in the currency of your account to be withdrawn.
Submit the withdrawal request. Credit and debit card withdrawals are expedited.
How to Withdraw using Cryptocurrency Step by Step
Select the ‘Withdrawal’ option after checking in to CMTrading.
Select the “Cryptocurrency” option and choose the desired type (e.g., BTC, Ethereum).
Kindly mention the address of your own wallet to get the cash.
Enter the amount you wish to withdraw.
Verify the withdrawal. Cryptocurrency withdrawals are often executed immediately.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
Access ‘Withdrawal’ by logging into CMTrading.
To withdraw, utilize Skrill, Neteller, Perfect Money, or EFTPay.
Verify the information in your e-wallet.
Enter the withdrawal amount.
Submit the withdrawal request. E-wallets permit immediate withdrawals.
Can Mexican traders use cryptocurrency to get their money out of CMTrading?
Cryptocurrency is a quick way for Mexican traders to get their money from CMTrading.
Which way of deposit does a Mexican trader use that takes the longest to process?
The longest method is a bank wire deposit, which can take up to a few days.
Education and Research
CMTrading provides a solid basis for beginning trading and real-time financial market updates to allow skilled and beginner traders to modify their tactics. This is achieved by offering educational materials, trading tools, and resources.
📅 Economic Calendar Yes
🧮 Calculator Yes
📍 VPS Not specified
📊 AutoChartist No
📶 Trading View Yes
📡 Trading Central No
🌐 Market Analysis Yes
📰 News Feed Yes
💻 Blog Yes
📚 eBooks Yes
📱 Educational Videos Yes
💻 Platform Tutorials Yes
🧮 Webinars Yes
👥 Seminars Yes
🗩 Live Support Yes
Can CMTrading-affiliated Mexican traders attend webinars?
Yes, Mexican traders can access CMTrading seminars online.
Does CMTrading give Mexican traders enough research tools?
Yes, CMTrading gives Mexican traders real-time market news, advanced charting, and technical analysis indicators.
Bonuses and Promotions
CMTrading places a higher value on a successful affiliate network and referral bonuses for partners that promote its services rather than deposit or sign-up bonuses. Official compensation is provided to partners who refer new traders through CMTrading’s affiliate program.
The “Promote a Friend” program of the broker will provide referrals with $100 for each new trader who registers and deposits.
Affiliate Programs
CMTrading offers its Mexican customers various supplementary services and rewards as part of a lucrative referral program. Continue reading to discover additional information regarding CMTrading partnerships and the process of becoming a member:
Features
The CMTrading affiliate program is comprehensive and advantageous for Mexican individuals and businesses needing a dependable broker. This program is designed for individuals with extensive client networks, currency educators, and social influencers.
We discovered that the affiliate application process at CMTrading was both secure and efficient. Affiliates who have been approved will receive a tracking link to promote CMTrading on various venues.
Thanks to CMTrading’s low spreads and high leverage, affiliates can offer their clients a competitive edge.
Real-time referral tracking is also a feature of CMTrading’s affiliate program. This enables Mexican affiliates to monitor their referred clients and manage their network.
CMTrading offers affiliates a variety of resources to assist in the education and outreach of additional traders, in addition to equitable pay.
How to Register an Affiliate Account with CMTrading Step-by-Step
Mexicans can become CMTrading affiliates by visiting the website.
Step 1 – Click on the Introducing Business button.
Visit the homepage’s main menu to find “Our Company.” Click “Introducing Business.” for affiliate program details.
Step 2 – Join the program.
Read all the information, including the terms and conditions. After reviewing the details, click “Become a Business Referral” on the main affiliate page to register.
Step 3 – Fill out the form.
A sign-up form will appear on a new page. Give your name, email, phone number, and country. Use a strong password to protect your affiliate account.
Will CMTrading benefit me as a Mexican affiliate?
Yes, to educate and reach more traders, CMTrading offers affiliates various marketing opportunities.
Can a social influencer join CMTrading Mexico?
Yes, if you have marketing expertise and followers who could be clients, you can become a CMTrading affiliate.
Customer Support
Customer Support CMTrading Customer Support
⏰ Operating Hours 24/5
🗣 Support Languages English, Arabic
👥 Live Chat Yes
📱 Email Address Yes
📞 Telephonic Support Yes
✅ The overall quality of CMTrading Support 4/5
Response Time
📞 Support Channel | ⏰ Average Response Time | 👥 User-based Response Time |
Phone | 5 – 10 minutes | 7 minutes |
24 – 48 hours | 1 working day | |
Live Chat | 2 – 7 minutes | 5 minutes |
Social Media | 5 minutes | 5 minutes |
Affiliate | 24 – 48 hours | Same day |
May Mexican traders speak to CMTrading in their native language?
No, CMTrading exclusively offers English and Arabic customer assistance.
Do CMTrading customer service personnel take calls?
Yes, Mexican traders can call CMTrading customer service using the contact information on the website.
Social Responsibility
We were impressed by the strong community engagement initiatives of CMTrading, particularly in Cape Town, South Africa, although they do not participate in CSR programs in Mexico.
CMTrading and Sporting Chance sponsored a three-day coaching seminar in Langa, Cape Town, in December 2022. The session featured a sports clinic that benefited local youngsters and provided excellent educational opportunities. Furthermore, local soccer matches are sponsored by CMTrading.
In our experience, these activities enhance the reputation of CMTrading.
User Comments and Reviews
CMTrading has thousands of reviews from trusted websites. Some recent ones we found:
“CMTrading is always helpful, and I am grateful for it.”
“For the past few months, CMTrading has provided me with excellent service. Their tools are assisting me in becoming more proficient in trading, and the charges are not prohibitive.”
“With regard to CMTrading, I had some concerns, but today I am feeling assured. The website is fantastic, and the tools that they provide assisted me in making revenue-generating partnerships.”
“There are a lot of different brokers, but with CMTrading is superior I was able to improve my trading judgments with the assistance of their seminars and trading signals.”
10 Best Forex Brokers in Mexico for 2024
Rank
Broker
Review
Regulators
Min Deposit
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Conclusion
CMTrading is an exceptional forex and CFD broker for Mexicans, as we determined after a comprehensive investigation.
The broker’s diverse account options allow traders of all levels to customize their trading objectives and budgets. CMTrading is an exceptional option for traders seeking to optimize their profits, as it offers no commissions and low spreads.
The demo account enables traders to evaluate the platform without putting any money at risk, in addition to customizable live accounts. CMTrading offers an economic calendar, daily market evaluations, and webinars to help Mexican traders make informed decisions.
Our Insight
CMTrading’s community engagement, educational content, and advanced platform capabilities render it an exceptional option for Mexican traders.
Our Recommendations on CMTrading
Expanding CMTrading’s corporate social responsibility (CSR) business to incorporate community activities in Mexico would be beneficial. Additionally, this will assist local traders in gaining a better understanding of their company and increase exposure.
Through the provision of local payment options, CMTrading has the potential to attract Mexican traders.
Improving market research and the ability to predict commodity prices will be beneficial to Mexican traders.
With the ability to register accounts in Mexican pesos, locals would have access to cheaper trading options.
The customer service hours offered by CMTrading can be extended to include other time zones.
CMTrading Pros and Cons
✅ Pros | ❌ Cons |
Mexicans can choose an account that suits their risk tolerance and styles | Some accounts have high minimum deposit requirements |
CMTrading is well-regulated in Seychelles and South Africa | There are no MXN-denominated accounts |
Advanced trading platforms | CMTrading isn’t regulated in Mexico |
Mexicans can access multilingual customer support across many channels | Crypto CFD options are limited compared to other brokers |
There are competitive spreads and zero commission fees | CMTrading charges deposit and withdrawal fees on various payment methods |
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Frequently Asked Questions
Does CMTrading provide educational resources for traders?
Yes, CMTrading offers a range of educational materials, including webinars, tutorials, and market analysis, to help traders enhance their knowledge and improve their trading skills.
What are the processing times for withdrawals from CMTrading?
Withdrawals and deposits with CMTrading are typically processed within 24 hours.
Does CMTrading provide bonuses to its traders?
No. However, while CMTrading does not regularly offer bonuses, occasional sign-up bonuses may be available for traders who deposit $100 or more.
Is there a fee for withdrawing funds from my CMTrading account?
Yes. Withdrawals from your CMTrading account are subject to processing fees, depending on the withdrawal method.
Can I access CMTrading's services from my mobile device?
Yes, CMTrading offers mobile trading apps compatible with both iOS and Android devices, allowing traders to monitor their accounts and execute trades on the go.