Accounts and eligibility
Sections ↑CMTrading’s current website offers five deposit-based service tiers. Trading is routed to GCMT Limited in Seychelles; selecting a premium tier does not itself establish professional-client status or a different legal counterparty. The advertised services and incentives require their separate conditions.[1]
Published account choices
| Attribute | Basic | Trader | Gold | Premium | VIP Club |
|---|---|---|---|---|---|
| Starting investment, USD | 250 | 2,000 | 20,000 | 85,000 | 250,000Source 2 |
| Commission headline | 0 | 0 | 0 | 0 | 0Source 2 |
| Spread description | Regular | Plus | EUR/USD from 1.9 | EUR/USD from 1.9 | EUR/USD from 1.9Source 2 |
| Advertised bonus, USD | 100 | 500 | 8,000 | 40,000 | 150,000Source 2 |
| Service emphasis | Education; reviews | Platform training; Trading Central | Dedicated analyst; rebate promotions | ECN access; tailored training | Concierge; travel benefitsSource 2 |
Opening and account variants
| Item | Published position | Practical distinction |
|---|---|---|
| Funding minimum | Help centre: USD 20 per deposit; USD 250 to start trading the Basic tier. | A payment minimum is not the opening-account threshold.Source 33 |
| Eligibility | Age 18+; identity and residential evidence required. | The help centre lists the restrictions below and says other countries may also be restricted.Source 39 |
| Published location exclusions | Bahamas, Belgium, Canada, France, Iran, Israel, North Korea (DPRK), Seychelles, Somalia, Vatican City and Venezuela. | Also: United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, US Virgin Islands, Wake Island; New Caledonia, Saint Pierre and Miquelon, Wallis and Futuna. The source lists North Korea twice under different names.Source 39 |
| Demo | A registered live account can add a demo without first funding. Published virtual balance limit: USD 50,000. | The broker warns simulated prices and fills may differ during illiquid or volatile markets; a demo is not execution evidence.Source 42 |
| Islamic conversion | Religious eligibility, application and approval required; the policy converts all the customer’s accounts. | ECN/DMA, shares, crypto and specified exotic or high-interest instruments are excluded.Source 8 |
Optional ECN route
| Attribute | Gold ECN | Premium ECN |
|---|---|---|
| Floating EUR/USD minimum | 0.1 pip | 0.1 pipSource 12 |
| Published charge | USD 7 per leg | USD 5 per legSource 12 |
| Minimum trade / leverage | 0.1 lot / 1:200 on selected currencies | 0.1 lot / 1:200 on selected currenciesSource 12 |
| Market access | Currencies, indices, commodities | Currencies, indices, commoditiesSource 12 |
| Important qualification | Commission volume unit is not stated; obtain a written quote. | Swaps apply; Islamic, shares and crypto excluded.Source 12 |
Products, platforms and market access
Sections ↑Markets offered
| Product group | Access and useful detail | Limit |
|---|---|---|
| Foreign exchange | Published major, minor and other currency-pair specifications; standard contracts in the reference table below. | Pair availability and margin are instrument-specific.Source 13 |
| Shares | CFDs linked to regional and international companies, including South African and German shares. | A CFD provides price exposure rather than shareholder ownership or delivery.Source 16 |
| Share contract sizes | The specifications show 1,000-share lots for several South African names, 100 for CPI/NPN, and 100 for listed German examples. | Do not apply the FX lot definition to equities.Source 15 |
| Indices | Index CFDs offer exposure to a basket through one derivative. | The website’s general index explanation does not establish a complete current quote, margin or financing schedule.Source 17 |
| Cryptocurrencies | Cryptocurrency CFDs are advertised. | This is derivative exposure; an Islamic or ECN account does not inherit access merely because the general website lists crypto.Source 18 |
Reference instruments and contract sizes
| Instrument | Published size for one lot | Price increment / leverage | Quote evidence |
|---|---|---|---|
| EUR/USD | 100,000 EUR | 0.00001 / 1:200 | Gold/Premium/VIP minimum headline appears in the account matrix; no measured typical spread.Source 13Source 2 |
| USD/JPY | 100,000 USD | 0.001 / 1:200 | No account-specific current spread verified.Source 13 |
| GBP/USD | 100,000 GBP | 0.00001 / 1:200 | No account-specific current spread verified.Source 13 |
| GOLD | 100 troy ounces | 0.01 / 1:100 | No verified minimum or typical spread.Source 14 |
| CRUDE.OIL | 1,000 barrels; CME light sweet crude reference | 0.01 / 1:50 | Use this exact symbol; the retrieved table does not explicitly name WTI.Source 14 |
| BRENTOIL | 1,000 barrels; ICE Brent reference | 0.01 / 1:50 | Separate from the CME light sweet contract.Source 14 |
Platform capabilities
| Platform | Published functions | Operational distinction |
|---|---|---|
| MT5 | Desktop, web and mobile; 21 timeframes, 38 indicators, depth of market and MQL5 automation. | Terminal features do not override account, strategy or promotion restrictions.Source 19 |
| CMTrading Webtrader | Browser-based charts, positions, one-click trading and multi-account access across computers and mobile devices. | Check the available account and order functions in the actual browser session.Source 20 |
| Mobile applications | The website offers mobile trading access and account monitoring. | Device access is not evidence of identical instrument availability or server-side order behaviour.Source 21 |
MT4 migration and user action
| Issue | Company notice | Consequence |
|---|---|---|
| Effective date | MT4 permanently discontinued on 4 April 2026; MT5 is the announced replacement. | Older MT4 wording remains in some documents and should not be treated as a new-account platform offer.Source 28 |
| Account continuity | Account number, money, trading history and open positions were to transfer automatically; no fresh KYC requested. | This is a platform migration notice, not evidence of a legal-entity transfer.Source 28 |
| Login and automation | Client Area and MT5 password unified through a reset; MQL4 EAs require MQL5 conversion. Custom templates and indicators do not transfer automatically. | Back up custom tools and verify positions and settings after migration.Source 28 |
Spreads, commissions, financing and account charges
Sections ↑The tier table contains advertised spread floors, not a time-stamped live observation or a typical-spread study. Its zero-commission headline is separate from the optional ECN tariff. ECN pricing omits the charged volume unit, so its per-leg figures cannot reliably be converted into an all-in round-trip FX cost.[12]
Financing and holding costs
| Cost | Evidence | Implication |
|---|---|---|
| Overnight swaps | The help centre describes long/short financing and a three-day charge on Wednesday at 23:59 server time. | Verify the current instrument’s swap points, direction and rollover day in MT5; the general article is dated 2022.Source 50 |
| Futures-CFD rollover | The broker describes rolling an expiring CFD to the next contract and adjusting for the price difference and spread cost. | An adjustment is not a cash gain from a free price jump; confirm the exact symbol’s expiry and rollover schedule.Source 54 |
| Islamic holding limit | Positions are to close within ten calendar days. From day ten the policy describes a USD 10–60 per-standard-lot charge. | Its frequency and instrument allocation are not sufficiently clear for a fixed daily tariff; corporate actions and daily funding may still apply.Source 8 |
| VIP interest claim | The VIP webpage advertises 9% annual interest; the agreement’s Schedule 1 says no balance interest. | Do not treat this as a verified savings yield; request the separate binding offer.Source 2Source 5 |
Inactivity, dormancy and access are distinct
| Event | Published charge or action | Qualification |
|---|---|---|
| 60 days without trading, opening/closing a position or depositing | USD 50 or EUR 50 monthly inactivity charge, according to the help article. | The charge can apply to an inactive account even while another account is active.Source 49 |
| Twelve consecutive inactive months | Dormancy maintenance charge up to USD 100 or EUR 100. | Do not assume this replaces the earlier monthly inactivity charge; clarify billing for the specific balance and currency.Source 49 |
| Three months inactivity | Current account-closing help says automatic deactivation and possible reactivation. | This is an access consequence, separate from fee triggers; support retains customer data for seven years or longer where required.Source 47 |
| Zero-balance/equity account inactive 90 days | Agreement permits archiving; restoration may require support and updated KYC. | The shorter help summary omits this balance qualification.Source 5 |
Execution, margin and trading restrictions
Sections ↑Execution conditions that matter
| Issue | Current evidence | Trading consequence |
|---|---|---|
| Counterparty and rapid trades | GCMT’s agreement calls it a market maker. Opening and closing within 120 seconds is abusive scalping. | It may revoke trades, correct accounts or require intervention; manual and automated trades are covered.Source 5 |
| Stops and slippage | Stops are not guaranteed; execution may slip positively or negatively. | Prices and conditions can change during volatile markets.Source 5 |
| ECN marketing | The ECN page advertises HFT/EA suitability and liquidity-provider connectivity. | Obtain written strategy permission; marketing does not resolve the stricter contract.Source 12 |
| Margin call | Help article: 100% margin level. | This is a warning threshold, not a promise of contact before liquidation.Source 51 |
| Stop-out | Help article: below 50%, close the greatest loss first until margin recovers. | Gaps and available execution prices can make the eventual balance different from the trigger calculation.Source 52 |
| Leverage discrepancy | Older help describes up to 1:400. | Current reference FX specifications show 1:200; use the actual symbol and account setting rather than a generic maximum.Source 53 |
| Third-party robots | Current help allows third-party MT5 EAs technically; CMTrading does not supply them or provide their training/support. | Automation still needs to satisfy the agreement and any accepted bonus rules.Source 44 |
Islamic account operating restrictions
| Rule | Effect |
|---|---|
| Eligibility and misuse | The broker may seek evidence of religious need, remove swap-free treatment and recover unpaid swaps for abuse.Source 8 |
| Account action | The policy permits closing/reopening positions at market prices and places separate inactivity conditions on the service. Confirm the approved instruments and holding period before carrying positions.Source 8 |
Deposits, withdrawals and cash access
Sections ↑Funding methods and indicative timing
| Method | Published availability / timing | Condition |
|---|---|---|
| Cards, bank transfer, e-wallets and crypto | The help centre lists these categories; availability depends on country. | Use methods displayed for the approved account rather than assuming every global method is available.Source 34 |
| Cards, e-wallets and crypto | Help centre describes immediate crediting for supported direct deposits. | This is the broker’s processing description; network, verification or processor delays remain possible.Source 35 |
| Bank wire and South African local methods | Wire up to three business days; supported South African EFT/Ozow deposits described as instant. | Bank-wire proof of payment may be needed for allocation.Source 35 |
| Deposit fee | Help centre says no deposit fee. | The funding page separately permits currency-conversion and third-party charges; fee-free does not mean conversion-free.Source 38Source 23 |
Withdrawal handling
| Stage or restriction | Published rule | Practical consequence |
|---|---|---|
| Return to source | Return principal to the original funding method; card refunds are limited to card deposits. Profits may use bank, e-wallet or crypto after principal is returned. | Confirm the actual approved destination and network before requesting payment.Source 36 |
| Processing and receipt | Help centre: up to three business days for broker processing, then another three to seven for bank/card arrival. | Late or missing additional documents may cancel a request; approval is not arrival in the bank.Source 37 |
| Open positions | Funding page permits withdrawal of at most 80% of free margin. | The agreement separately requires remaining funds of at least twice used margin; obtain an account-specific withdrawable figure.Source 23Source 5 |
| Banking charges | Agreement: USD 10 local wire, USD 25 international; a no-trading withdrawal may cost USD 50. | Currency-conversion clauses quote both 4% and a 2.5–4% range; obtain the actual rate and charge.Source 5 |
| Ownership checks | Funding page requires own-name withdrawals and proportional returns across multiple funding methods. | It also describes a documented first-degree-family deposit exception; obtain written approval rather than assuming unrestricted third-party funding.Source 23 |
Regulation, client money and protection limits
Sections ↑The current Seychelles capital-markets register names GCMT Limited and cmtrading.com. This confirms that listing; it does not by itself verify the broker’s execution quality, liquidity, bank balances or every country’s permission to market.[4]
Protection follows the actual service
| Issue | Practical scope |
|---|---|
| South African introduction | GCMT South Africa acts through Blackstone’s FSP structure, while the disclosed resulting trading contract is with Seychelles.Source 3 |
| UAE arrangement/advice | The disclosed Category 5 partner does not execute trades, hold client money, provide custody or manage portfolios.Source 3 |
| Client-money segregation | The broker says client money is segregated, naming banks including Barclays and Nedbank. No account statements, reconciliation report or independent custody confirmation were inspected.Source 24 |
| Negative balances | No unqualified negative-balance guarantee was established in the inspected agreement; deficit obligations remain material.Source 5 |
| Compensation or default insurance | The fund-safety page does not establish a named compensation scheme, insurer, policy limit or individual recovery entitlement. Segregation is not a quantified insurance promise.Source 24 |
Nigeria notice and company response
| Source | Scoped finding |
|---|---|
| Nigeria SEC, June 2025 | The notice says CMTRADING is not registered to solicit investments or operate in Nigeria’s capital market. It also alleges cloned media, fabricated endorsements and Ponzi indicators; these are the authority’s allegations, not independently established findings in this profile. The notice does not provide a precise affected URL.Source 30 |
| CMTrading advertisement response | The company disavows an AI advertisement featuring Seun Okinbaloye, says he has no association with it, and describes removal and internal review. This does not establish regulatory clearance.Source 31 |
| Broader company statement | CMTrading attributes certain misleading online activities to external parties and says it strengthened oversight. Its published response should be read alongside the regulator’s warning and its separate onboarding pause.Source 32 |
Support, verification and complaints
Sections ↑Published service contacts
Service access and verification
| Item | Published procedure | Limit |
|---|---|---|
| Support hours | Updated help lists Monday–Friday, 09:00–18:00 GMT+3. | Department and language availability can vary; the contacts were not called or response-tested.Source 56 |
| Personal KYC | Colour identity document and residential evidence such as bank or utility statement, normally no older than three months; PO boxes are not accepted. | Alternative residency declarations may be considered; acceptance remains subject to review.Source 45 |
| Corporate KYC | Incorporation, directors/shareholders and beneficial owners, address, bank and source-of-funds evidence, structure chart, LEI and trading authorization may be requested. | Good-standing evidence applies to older companies; individuals behind the company also require verification and ongoing updates.Source 46 |
| Disabled trading or outage | Help recommends checking verification, funding, documents, market hours and access mode, then contacting support. | No current executable telephone-dealing procedure, guaranteed emergency acceptance or copy-order suspension route was established; general support contact is not that authorization.Source 48 |
| Complaint handling | Submit the policy’s form to Compliance; the broker aims to resolve within ten business days or explain delay and provide a holding response. | Retain the reference number, chronology, order IDs and records. Unsatisfied clients may approach Seychelles FSA or relevant courts; the policy preserves legal-action rights.Source 25 |
Research, copying, promotions and other services
Sections ↑Tools and service access
| Service | Published offer | Boundary |
|---|---|---|
| Research and education | Academy courses, free e-books, training videos, webinars and market reviews. | Education supports self-directed decisions; it does not establish investment-management services.Source 40 |
| AI tools | AI News Signals, Chart Scanner for uploaded charts, and Trading Central signals are described. | Tier access varies; suggested entries, stops or targets are analytical outputs rather than a profit guarantee.Source 22 |
| Copying and hosting | The about page still mentions CopyKat; the MT5 notice advertises native signal and VPS features. | Current broker-specific subscription fees, follower termination, existing-position treatment and responsibility after disconnection were not established. Obtain these before copying.Source 27Source 28 |
| Introducing business | An IB/partner enquiry route and dedicated team are published. | Individual commission schedules, clawbacks, territory permissions and payment minima require the partner agreement.Source 41 |
| Discretionary trading | Current help says CMTrading does not trade on customers’ behalf. | A signal, market analyst or training appointment should not be assumed to grant managed-account authority.Source 43 |
Credit and cash promotions
| Offer | What the documents establish | Important restriction |
|---|---|---|
| Normal bonus | Promotional credit is not withdrawable; awards are optional and normally expire after 60 days. | Mistaken acceptance: stop trading and contact support within five working days. Inactivity can remove credit.Source 7 |
| Bonus-generated profits | One clause permits withdrawal; another reserves proportional profit deductions. | Suspected bonus abuse, EAs, robots or external hedging can trigger deduction of all profits, return of deposit and further-trading restrictions.Source 7 |
| Capital Insurance | A broker promotion refunds qualifying losses as bonus credit, capped at 75% of the trade amount. | It is not evidence of insurance against broker failure or withdrawable reimbursement.Source 10 |
| Capital Insurance tiers | USD 1,000: five trades/five days, USD 100 cap per trade; USD 5,000: fifteen/ten days, USD 300; USD 10,000+: twenty-five/fifteen days, USD 500. | Verification, deposit approval and promotional conditions apply. No named underwriter, policy limit or aggregate coverage was verified.Source 10 |
| Protected Stage | The current webpage describes cashback on qualifying initial losses. | Its linked terms explicitly expire on 31 December 2025; those older limits do not establish a current 2026 entitlement.Source 11Source 9 |
| Older Protected Stage conditions | The expired terms tied refunds to specified trades and time windows; withdrawals ended further protection and abuse could reverse credits. | Ask for a currently effective schedule, cash-withdrawal conditions and exact per-trade/total cap.Source 9 |
| “Risk-free” trade terminology | The current help article describes qualifying same-day FX losses returned as bonus credit. | That narrower promotion differs from real-money cashback and does not eliminate trading risk.Source 55 |
Company, ownership and history
Sections ↑Company history dates the brand to May 2012 and identifies Ibrahim A. Aita as its founder. The page combines historical founder commentary with newer marketing material; this does not establish a current beneficial-ownership breakdown or independently audited customer total.[27]
The footer identifies GCMT Group as the holding company and CMT Processing as a Cyprus distributor. These supporting companies are not interchangeable with the Seychelles trading counterparty. No complete shareholder percentages or public transaction history were established from those disclosures.[1]
- Headquarters
- Seychelles trading counterparty; South African and UAE regional operations
- Founded
- 2012, according to company history
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
GCMT Limited
SeychellesSource 4
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services AuthoritySD070 | Authorised | Checked 11 Oct 2026The live capital-markets list names GCMT Limited and cmtrading.com; the licence number is broker-published.Source 3Source 4 |
GCMT South Africa (Pty) Ltd
South AfricaSource 1
No separate licence entry is recorded in this panel.
Blackstone Marketing SA (Pty) Ltd
South AfricaSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Sector Conduct Authority38782 | Not verified | Checked 11 Oct 2026Broker-published FSP; current full register permissions were not independently retrieved.Source 3 |
CM Global Financial L.L.C S.O.C
United Arab EmiratesSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Market Authority20200000478 | Not verified | Checked 11 Oct 2026Broker-published Category 5 arrangement/advice role; not the trading counterparty or client-money holder.Source 3 |
GCMT Group Ltd
SeychellesSource 1
No separate licence entry is recorded in this panel.
CMT Processing Ltd
CyprusSource 1
No separate licence entry is recorded in this panel.
Other details and evidence limits
Sections ↑Items to settle for the chosen account
| Topic | Specific remaining evidence needed |
|---|---|
| Product-level pricing | A current account-and-symbol quote for EUR/USD, USD/JPY, GBP/USD, gold and the exact oil contract; spread minimums are not typical paid costs.Source 13 |
| Priority of current documents | The legal hub links general and promotion-specific agreements. Several published claims conflict, particularly incentives, margin available for withdrawal and account deactivation. Obtain the controlling version and written account terms.Source 6 |
| Emergency dealing and copying | Ask who can accept an executable order during an outage, how receipt is confirmed, whether copying is suspended, and who manages existing exposure. Public contact availability alone answers none of these execution questions.Source 48 |
| Credit versus reimbursement | For any Protected Stage offer, obtain a current dated schedule specifying withdrawable cash, any required turnover and exclusions. The still-linked expired document is insufficient.Source 9 |
Sources & further reading
- Current website and legal footer CMTrading · Accessed 11 Oct 2026
- Current five account tiers CMTrading · Accessed 11 Oct 2026
- Regulatory roles and group entities CMTrading · Accessed 11 Oct 2026
- Capital markets regulated entities Seychelles Financial Services Authority · Accessed 11 Oct 2026
- GCMT Limited client service agreement, July 2026 download CMTrading · Accessed 11 Oct 2026
- Current legal-document hub CMTrading · Accessed 11 Oct 2026
- Bonus and awards terms, July 2026 download CMTrading · Accessed 11 Oct 2026
- GCMT Limited Islamic account policy CMTrading · Accessed 11 Oct 2026
- Protected Stage terms expiring 31 December 2025 CMTrading · Accessed 11 Oct 2026
- Capital Insurance promotional offer CMTrading · Accessed 11 Oct 2026
- Current Protected Stage promotion CMTrading · Accessed 11 Oct 2026
- Optional ECN accounts CMTrading · Accessed 11 Oct 2026
- Forex contract specifications CMTrading · Accessed 11 Oct 2026
- Commodity contract specifications CMTrading · Accessed 11 Oct 2026
- Regional share CFD specifications CMTrading · Accessed 11 Oct 2026
- Stock CFD offering CMTrading · Accessed 11 Oct 2026
- Index CFD offering CMTrading · Accessed 11 Oct 2026
- Cryptocurrency CFD offering CMTrading · Accessed 11 Oct 2026
- MetaTrader 5 features CMTrading · Accessed 11 Oct 2026
- CMTrading Webtrader CMTrading · Accessed 11 Oct 2026
- Trading applications CMTrading · Accessed 11 Oct 2026
- AI research and signal tools CMTrading · Accessed 11 Oct 2026
- Funding and withdrawal rules CMTrading · Accessed 11 Oct 2026
- Client-fund safeguards described by the broker CMTrading · Accessed 11 Oct 2026
- GCMT Limited complaint-handling policy CMTrading · Accessed 11 Oct 2026
- Current contact details CMTrading · Accessed 11 Oct 2026
- Company history and services CMTrading · Accessed 11 Oct 2026
- MT4 to MT5 migration notice, 20 March 2026 CMTrading · Accessed 11 Oct 2026
- Temporary pause in new Nigeria onboarding CMTrading · Accessed 11 Oct 2026
- Nigeria SEC: Illegal Operator CMTrading, June 2025 Nigeria Securities and Exchange Commission · Accessed 11 Oct 2026
- Company response to unauthorized AI endorsement advertisement CMTrading · Accessed 11 Oct 2026
- Company statement on responsible communication CMTrading · Accessed 11 Oct 2026
- What is the minimum deposit amount CMTrading · Accessed 11 Oct 2026
- What deposit methods do you offer CMTrading · Accessed 11 Oct 2026
- How long will my deposit take to reflect CMTrading · Accessed 11 Oct 2026
- What are the withdrawal methods CMTrading · Accessed 11 Oct 2026
- How long does it take for withdrawals to be processed CMTrading · Accessed 11 Oct 2026
- Are there deposit withdrawal transaction fees CMTrading · Accessed 11 Oct 2026
- Am i eligible to trade CMTrading · Accessed 11 Oct 2026
- Do you offer educational materials CMTrading · Accessed 11 Oct 2026
- How can i contact you to become an ib CMTrading · Accessed 11 Oct 2026
- Do you offer demo accounts CMTrading · Accessed 11 Oct 2026
- What services does cmtrading provide CMTrading · Accessed 11 Oct 2026
- Do you provide robots CMTrading · Accessed 11 Oct 2026
- What documents are required to verify a trading account CMTrading · Accessed 11 Oct 2026
- What documents are required to verify my corporate account CMTrading · Accessed 11 Oct 2026
- How do i delete close my cmtrading account CMTrading · Accessed 11 Oct 2026
- Why is my trading disabled CMTrading · Accessed 11 Oct 2026
- Inactivity dormant fees deactivated account CMTrading · Accessed 11 Oct 2026
- What are swaps CMTrading · Accessed 11 Oct 2026
- What is a margin call CMTrading · Accessed 11 Oct 2026
- What is stop out CMTrading · Accessed 11 Oct 2026
- What is leverage CMTrading · Accessed 11 Oct 2026
- What is a cfd rollover CMTrading · Accessed 11 Oct 2026
- What is a risk free trade CMTrading · Accessed 11 Oct 2026
- How can i contact cmtrading CMTrading · Accessed 11 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.