CMTrading lets Brazilians trade 150+ financial instruments across powerful trading platforms. CMTrading’s flexible account types cater to all traders from beginners to professionals. Brazilians can use leverage of up to 1:200 on forex major pairs.
- Maryke Myburgh
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 Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
USD 1
Regulators
FSA, FSCA
Trading Platform
MT4, PandaTS, Webtrader
Crypto
Yes
Total Pairs
174+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
We sought a broker to provide us with a reliable and easy trading experience as we ventured into the ever-changing world of foreign exchange (Forex).
We found CMTrading through our research; it is a brokerage that has been successful since its 2012 launch. The company has achieved its founding objective of developing a trading platform that is accessible to both seasoned traders and those just starting in the industry.
As a frontrunner in the brokerage industry, CMTrading has been around for more than a decade. This business stands out from the crowd because of its commitment to offering a thorough and easy-to-use trading platform.
Successful traders have discovered CMTrading’s secret sauce: a combination of cutting-edge technology and time-tested trading strategies. The accomplishments of CMTrading demonstrate its dedication to providing exceptional service and embracing new ideas.
Nominations for “Best Customer Service Provider” and “Best Performing Broker in Africa” are only two of the many honors won by the brokerage.
Traders like those in Brazil who are looking for a reliable partner in the dynamic trading industry can put their trust in it because of these accolades, which boost its reputation.
What stood out to us about CMTrading was that it specifically catered to Brazilian traders. The firm has clearly studied the Brazilian market and its specific needs.
We greatly appreciate that CMTrading ensures that Brazilian traders don’t have language barriers by providing instructional resources in multiple languages and offering customer service in the native language.
We noticed CMTrading’s unique human touch during our encounters. Traders are seen as more than simply a means to an end—they are seen as unique people with their own set of priorities and aspirations—in the company’s all-encompassing business model.
Overall, we couldn’t be happier with CMTrading. In many ways, the company has gone above and beyond what we were expecting and has lived up to its reputation.
A favorite among Brazilian traders, CMTrading has made a name for itself in the trading sector because of its individualized services and focus on the client.
Does CMTrading provide services in Portuguese to Brazilian traders?
No. While CMTrading offers multilingual support, services in Portuguese might not be accessible.
Can Brazilian traders access global markets using CMTrading?
Yes, CMTrading allows Brazilian traders to trade in a variety of foreign markets, including Forex, commodities, and indices.
CMTrading Review 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 | 510 BRL ($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 Account | Open Account |
Regulation and Safety of Funds
CMTrading’s Regulation in Brazil
CMTrading is not regulated by Brazil’s Comissão de Valores Mobiliários or Securities and Exchange Commission (CVM). However, CMTrading’s global regulations are listed in the table below.
CMTrading 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 |
CMTrading 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 |
What steps does CMTrading take to protect the privacy of Brazilian traders?
CMTrading uses modern encryption technologies and stringent data security rules to protect Brazilian traders’ personal and financial information.
Can Brazilian traders trust CMTrading’s pricing?
Yes. CMTrading offers real-time, accurate pricing by accessing data from trustworthy financial organizations, ensuring that Brazilian traders receive fair and honest quotes.
CMTrading Awards and Recognition
CMTrading’s most recent awards are as follows:
- “Best Performing Broker South Africa 2022” was CMTrading’s most recent accolade, as announced in a LinkedIn post from June 14, 2022, and bestowed by Finance Derivative Magazine in 2022.
- Another notable accomplishment for CMTrading in the brokerage sector is the five-year run from 2017 to 2021, when they were named “Best Financial Broker Africa.”
CMTrading Account Types and Features
When we started evaluating CMTrading’s account types, we noticed that apart from the range of options, the broker ensures that traders have equal access to all markets despite their accounts.
During our evaluation, the range of features, which we’ll get to in the sections below, allowed Brazilians to choose an appropriate option that aligns with their objectives and experience level.
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 | 510 BRL ($100) | 1,300 BRL ($251) | 25,400 BRL ($5,001) | 254,000 BRL ($50,000) |
CMTrading Bronze Account
Let’s begin by looking at CMTrading’s range of account options, starting with the Bronze Account. This account is designed to help beginners get started in the forex market. Designed to provide a gentle introduction to trading, this account requires a minimum deposit of 510 BRL ($100).
Competitive spreads starting from 1.5 pips are available on major pairs such as EUR/USD. In addition, traders can access leverage up to 1:200, enabling them to increase their market exposure while effectively managing risk.
The Bronze Account is dedicated to helping traders expand their knowledge through a range of educational resources, including webinars and e-books.
In addition, there is a dedicated account manager who is ready to assist new traders in navigating their initial experiences. This account is perfect for individuals new to forex trading who want a solid foundation without feeling overwhelmed.
CMTrading Silver Account
Transitioning to the Silver Account, we discover a customized setup designed for traders who have progressed beyond the initial stage and are searching for more sophisticated tools. A minimum deposit requirement is 1,300 BRL ($251), and spreads start from 1.2 pips.
Traders can take advantage of a risk-free trade, providing a safety net for trying various strategies.
Trading Central provides live trading signals and market analysis, giving traders valuable insights to help them make informed decisions.
With CMTrading’s top-notch personal support, Brazilian traders can rest assured that any issues will be promptly taken care of. Furthermore, the Silver Account is a great option for intermediate traders who want a balance between affordability and advanced features.
CMTrading Gold Account
With its superior trading conditions, experienced traders will find the Gold Account highly advantageous. With a minimum deposit of 25,400 BRL ($5,001), this account offers competitive spreads starting from 0.9 pips, which can help minimize trading costs.
In addition to that, traders are provided with three risk-free trades, which further enhance the risk management aspect of their strategies.
Trading volume is encouraged through cashback rebates, and a personal assistant offers dedicated support. The Gold Account is designed for experienced traders who appreciate fast execution and a powerful trading environment.
CMTrading Premium Account
The Premium Account at CMTrading is designed specifically for high-net-worth individuals and institutional clients, offering top-tier account features.
In our experience, this account exudes an air of exclusivity, requiring a minimum deposit of 254,000 BRL ($50,000). Spreads are extremely competitive, starting from just 0.9 pips, and traders have the advantage of having a dedicated senior account analyst at their disposal.
CMTrading’s Premium Account provides more than just trading conditions. It includes exclusive VIP events, informative seminars, and the unique feature of replicating successful trades with CMTrading CopyKat.
This account represents the epitome of luxury in the trading world, offering tailored services and a customized trading environment for sophisticated traders who expect the highest level of excellence.
CMTrading Demo Account
While investigating the CMTrading demo account, we found that it offers a practical environment for traders to refine their skills in a user-friendly manner. When users sign up, they are given a virtual balance of $50,000, which allows them to practice strategies without any limits or monetary risk.
For Brazilian traders, the demo account is highly valuable. It provides a diverse selection of tradable assets, such as forex pairs, commodities, indices, and cryptocurrencies, to cater to the varied interests of the Brazilian market.
In addition, Brazilian traders can access real-time market data and CMTrading’s exclusive tools, including the Guardian Angel feedback tool that offers immediate insights into trading activities.
We found that this feature is extremely helpful for Brazilian traders who want to improve their strategies in a fast-paced market.
CMTrading Islamic Account
CMTrading has developed an Islamic account that follows Sharia law principles while still offering competitive trading conditions.
With the Islamic account, swap fees linked to overnight positions are eliminated and replaced with a fixed administration fee. This ensures transparency in trading costs, providing you with a clear understanding of your expenses.
This account offers the same features as standard accounts, with competitive spreads starting from as low as 0.9 pips on the Gold account and leverage up to 1:200.
Furthermore, traders in Brazil who follow Islamic finance principles can expect a trading experience that maintains CMTrading’s high standards and wide range of services.
With access to a wide range of trading instruments, powerful charting tools, and in-depth analysis, we believe the Islamic account provides a strong trading platform for traders prioritizing their faith.
What account types does CMTrading provide to Brazilian traders?
CMTrading has several account types, including Bronze, Silver, Gold, and Premium, each with unique features designed to fulfill the needs of Brazilian traders.
Are there any account types at CMTrading that are specifically targeted at beginner Brazilian traders?
Yes, the Bronze account at CMTrading is intended for novices, with a user-friendly platform and training resources tailored to Brazilian traders new to forex.
CMTrading Account Registration
To get started with CMTrading, Brazilians can follow these easy steps:
Step 1 – Select Sign Up
Go to the official CMTrading website and find the “Sign Up” option on the homepage. Click the “Sign Up” button and wait for the registration form to load.
Step 2 – Choose Account Type
Complete the information and choose the account type that suits your needs from the available options: Choose between Bronze, Silver, Gold, or Premium, based on your trading experience and financial objectives.
Step 3 – Complete Form
Complete the registration form by providing your personal information.Complete the Know Your Customer (KYC) process by submitting the necessary documents for identity verification. These include a government-issued ID (such as a passport or national ID card) and proof of residence (like a utility bill or bank statement).
Can Brazilian traders open a CMTrading account using their phones?
Yes, Brazilian traders can easily register for a CMTrading account using their mobile devices by visiting the company’s responsive website or downloading its mobile app.
What procedures should Brazilian traders take to set up a CMTrading demo account?
Brazilian traders can open a CMTrading demo account by entering their contact information and selecting a demo account type on the CMTrading website.
CMTrading Broker Comparison
🥇 CMTrading | 🥇 XBT | 🥇 Yadix | |
🗺️ Regulatation | FSA, FSCA | FCA, ACPR, BaFin, DFSA, KNP, FSCA, CySEC, IFSC | FSA |
💻 Trading Platform | MetaTrader 4 CMTrading Web CopyKat | xStation 5 xStation Mobile | MetaTrader 4 |
💰 Withdrawal fee | Yes | Yes <$50 withdrawals | None |
💳 Demo Trading Account | Yes | Yes | Yes |
💰 Minimum Deposit | 510 BRL ($100) | 0 BRL ($0) | 510 BRL ($100) |
📊 Leverage | 1:200 | 1:500 | 1:500 |
💰 Spreads | From 0.9 pips | From 0.5 pips | From 0.0 pips |
🚀 Commissions | None; only the spread is charged | None on most instruments | From $5 per lot |
📊 Margin Call/Stop out | From 20% | 100%/50% | 100%/30% |
📊Order Execution | Instant | Market | Market |
❌No-Deposit Bonus | No | No | No |
🪙Cent Accounts | No | No | No |
📒 Account Types | Bronze Account Silver Account Gold Account Premium Account | Standard Account Swap-Free Account | Classic Account Scalper Account Pro Account |
🏛️CVM Regulation | No | No | No |
💰BRL Deposits | No | No | No |
💻BRL Account | No | No | No |
📞Customer Service Hours | 24/5 | 24/5 | 24/5 |
💳Retail Investor Accounts | 4 | 2 | 3 |
☪️Islamic Account | Yes | Yes | Yes |
💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
💸Maximum Trade Size | Unknown | Not indicated | 1,000 lots |
⏰Minimum Withdrawal Time | Instant | 1 Working Day | Same-day |
⏲️Maximum Estimated Withdrawal Time | Up to 3 working days | 7 Working Days | Same-day |
💳Instant Deposits and Instant Withdrawals? | Yes, deposits and withdrawals | No | Deposits |
👉Open Account | Open Account | Open Account | Open Account |
CMTrading Trading Platforms
We’ve reviewed several brokers for Brazilians and found that most always offer MetaTrader 4. CMTrading is no different, but the broker also offers its proprietary trading platform and a feature-rich social trading tool.
MetaTrader 4
Our analysis of CMTrading’s MetaTrader 4 (MT4) platform for Brazilian traders revealed a robust and reliable trading environment. While exploring the platform, we discovered that CMTrading provides competitive spreads that start as low as 0.9 pips on specific accounts.
This is excellent for Brazilian traders who want to enhance their trading efficiency. We could personalize the platform’s interface to our liking, greatly improving our trading experience.
In addition, we were highly impressed by the advanced charting tools and real-time market execution, which are essential for the fast-paced Brazilian markets.
Traders who speak Portuguese can navigate the MT4 platform comfortably, thanks to its support for multiple languages, including Portuguese. In addition, the platform’s stability and security features gave us peace of mind, as we knew our trades were being conducted in a secure digital environment.
CMTrading Web and App
Upon reviewing the CMTrading Web and App, we discovered a user-friendly interface that simplifies trade management while on the go. The platform’s user-friendly design is suitable for all levels of traders, from novices to experts.
We were especially impressed by the one-click trading feature, which simplified our trading actions and saved us a lot of time.
Ensuring that our trading activities stayed up-to-date across all devices was made possible by the seamless synchronization between the web platform and the mobile app.
The mobile app’s alert system ensured that we were always updated with market changes, which is crucial for Brazilian traders who must stay informed in fast-paced financial markets.
CopyKat Trading
We gained valuable insights from our experience with CopyKat Trading. This social trading tool enables us to mirror the strategies of experienced traders, which is advantageous for Brazilians who are eager to learn from more seasoned market participants.
The platform’s community-driven approach gave us valuable insights into popular trading trends and strategies. The interface is clear and the process of copying trades is straightforward, making it accessible even for those new to trading.
This feature is especially beneficial for Brazilian traders who are looking to tap into the knowledge and experience of a worldwide trading community.
Sirix WebTrader
A new perspective on web-based trading emerged from our review of CMTrading’s Sirix WebTrader technology.
We found the platform’s many graphical perspectives to be invaluable for performing thorough technical investigations. Particularly noteworthy is the ease with which we could modify our trades in reaction to shifts in the market.
Even more impressive was the platform’s quickness and reliability, which allowed us to execute our trades without a hitch, which is essential in the volatile Brazilian markets. Sirix WebTrader’s user interface is made to be straightforward, so even novice traders can use it.
It was great that all our desktop, tablet, and mobile devices could work together without a hitch. Staying on top of market changes and making informed judgments was made easier with the ability to track prices quickly.
The platform also has user-friendly information, which is great for Brazilian traders who are new to the trading world.
We have the necessary control over our trading volume thanks to the ability to set our lot size. With the Sirix app, which works in tandem with the web platform, investors of all stripes can find a solution that suits their needs.
Sirix is well-known as an award-winning forex trading platform because of its cutting-edge technology and user-friendly features that facilitate secure and effortless online investment management.
Sirix App
We tested the Sirix App, a platform renowned for its user-friendliness and seamless trading experience, to evaluate CMTrading’s services aimed at Brazilian traders.
We found that the app’s straightforward layout made trading a breeze as soon as we explored its features. Particularly noteworthy was the one-click execution capability, which enabled us to effortlessly and rapidly initiate and exit deals.
For Brazilian traders who value flexibility, the ability to trade from anywhere at any time is vital. This aligns perfectly with CMTrading’s mission of delivering accessible trading solutions.
We were confident in the safety of our trades and stayed abreast of market moves thanks to the Sirix App’s real-time trading alerts and high-level encryption.
The app’s live chart and forecast functionality further enhanced our trading strategy, which provided us with essential tools for making informed decisions.
As a Brazilian trader, you can rest assured that your money will be well-protected by CMTrading thanks to the app’s emphasis on security features, including segregated accounts and encrypted deposit and withdrawal options.
Our evaluation of the Sirix App inside the framework of CMTrading’s offerings has shown a platform that excels in all four areas: usability, adaptability, security, and feature density.
By providing the tools and resources necessary for successful trading in international markets, it is a trustworthy trading partner for Brazilian traders.
Is mobile trading offered to Brazilian traders at CMTrading?
Yes. CMTrading provides a mobile trading version of the MetaTrader 4, CMTrading, and Sirix platforms, letting Brazilian traders to manage trades and monitor markets using smartphones and tablets.
How does CMTrading secure the integrity of its trading platforms for Brazilian traders?
CMTrading offers platform stability with solid infrastructure and server technologies, reducing downtime and ensuring smooth trading for Brazilian traders.
CMTrading Range of Markets
CMTrading has a concentrated portfolio of instruments that can be traded across markets. Brazilians can access more than 150 instruments, allowing them to diversify their portfolios. Below, we delve into each market to see how Brazilians can benefit from trading each.
Indices
Traders in Brazil have access to foreign markets through more than 20 different indexes, allowing them to make informed decisions without leaving their native country.
When dealing with indices reflecting the economic growth of emerging nations, Brazilian traders can take advantage of the available competitive leverage levels to increase their market exposure.
Brazilian traders have a distinct advantage when it comes to focusing on emerging markets. They can easily use their knowledge of regional economic climates to inform their trading techniques.
Forex
Over 50 currency pairs, including major, minor, and exotic pairs, are available to Brazilian traders in the forex market, creating a broad and dynamic trading environment.
Swift decision-making is vital in the volatile currency market, and trading capabilities are enhanced by leverage of up to 1:2000.
Being able to trade exotic currencies like the South African Rand (ZAR), a currency with both worldwide importance and possible economic links to Brazil, is an exciting possibility for Brazilian traders.
Stocks
Investors from Brazil have access to CMTrading’s vast collection of over 100 worldwide stocks, allowing them to speculate on a wide range of companies and industries.
Traders can own a piece of significant corporations all over the globe when real stocks, not simply CFDs, are offered. We also found that Brazilian traders can easily navigate the stock market with the help of CMTrading’s dedication to customer satisfaction and individual service.
Cryptocurrencies
Traders in Brazil have access to a market that is open around the clock and can participate in more than 21 CFD cryptos.
Furthermore, CMTrading’s real-time market forecasts, updates, and leverage options magnify a trader’s exposure to market volatility, allowing for more effective execution of planned trades.
A reliable platform for digital assets trading is a requirement for Brazilian traders, and this platform satisfies that demand with its focus on security and transparency.
Commodities
Brazilian traders can access a number of commodities, including energy, agricultural products, precious metals, and more, through CMTrading.
With flexible leverage options, trading becomes even more exciting, opening the door to bigger market positions and higher profits.
In the volatile commodities market, quick execution and small spreads are of the utmost importance. We believe that Brazilian traders can benefit from expert insights and develop commodities market-specific trading techniques with the help of Trading Central’s technical analysis.
CMTrading Leverage and Margin
Our analysis of CMTrading’s margin and leverage policies revealed that the broker caters to Brazilian traders with varying risk tolerances and trading styles.
After thoroughly examining CMTrading’s website and client agreement, we have determined that this broker provides a range of flexible leverage choices, including instruments with a maximum leverage of 1:200.
Traders looking to increase their market exposure without putting a huge sum of money down might benefit greatly from this high level of leverage.
Our research shows that CMTrading accounts for the specifics of the Brazilian market when it comes to margin and leverage.
To keep their positions open, traders with CMTrading must maintain a minimum margin amount, as is the case with many brokers.
However, the margin call policy that CMTrading employs to avoid negative balances is what really sets it apart. This element is crucial for Brazilian traders looking for security in the uncertain trading environment.
In addition, we found that CMTrading uses a dynamic leverage strategy, which means that leverage is adjusted according to the open position size.
This strategy is ideal for Brazilian traders because it allows them to take larger positions with lesser leverage, which reduces the danger of losing a lot of money due to unexpected market fluctuations.
If you’re a trader looking to learn more about margin and leverage, CMTrading has you covered there, too. Brazilian traders greatly benefit from this help since it teaches them how to successfully control leverage based on their trading style and risk tolerance.
In conclusion, CMTrading has carefully considered the requirements of Brazilian traders while developing their margin and leverage products.
Traders can comfortably navigate the markets with the broker’s complete framework, which includes educational tools, protected margin policies, and adjustable leverage options.
After reviewing CMTrading’s policies, we can confidently say that the broker is serious about giving its Brazilian clients a safe and dynamic trading environment.
Does CMTrading offer Brazilian traders the opportunity to trade in local markets?
No, CMTrading does not facilitate trading in domestic CFDs like indices or stocks.
Are index trading options available for Brazilian traders at CMTrading?
Brazilian traders can trade a variety of worldwide indexes through CMTrading, including the Dow Jones, NASDAQ, and S&P 500. However, CMTrading doesn’t offer domestic indices from Brazil.
Min Deposit
USD 1
Regulators
FSA, FSCA
Trading Platform
MT4, PandaTS, Webtrader
Crypto
Yes
Total Pairs
174+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
CMTrading Fees
CMTrading is a reputable and trusted broker with a transparent fee schedule. Join us as we discuss each of the trading and non-trading fees that Brazilians can expect when they start trading with CMTrading.
CMTrading Spreads
CMTrading charges various spreads that cater to the preferences of Brazilian traders based on the type of account they select.
Having a clear understanding of these spreads is crucial because they have a direct impact on trading costs. Spreads on major currency pairs like EUR/USD can be as low as 0.9 pips for accounts such as Gold and Premium.
These accounts are better suited for experienced traders with larger deposits. Entry-level accounts like Bronze have slightly higher spreads, averaging around 1.5 pips on the same pairs.
In our opinion, traders can execute trades with minimal transaction costs thanks to the competitive spreads offered by CMTrading.
Furthermore, the floating spreads also provide the advantage of tighter spreads during periods of high liquidity, which is beneficial for active traders, especially during major market sessions.
CMTrading Commissions
There are no commission fees for any CMTrading account types, which is especially advantageous for Brazilian traders who deal with currency exchange and might have higher operational costs.
This fee-free approach allows traders to effectively manage investments without being burdened by the expenses of initiating and concluding trades, particularly in unpredictable markets where swift and frequent actions are crucial for taking advantage of market fluctuations.
CMTrading Overnight Fees
When positions are held open for more than a trading day, overnight fees, also referred to as swap fees, are incurred.
CMTrading applies fees based on market conditions and the type of position held. It is important for Brazilian traders, who may be operating in different time zones than major markets, to understand these fees clearly.
The fees vary greatly depending on factors such as leverage and the type of asset being traded.
In our opinion, it is essential to carefully consider these costs when planning to hold positions overnight, particularly in markets such as Forex, where positions can be kept open for extended periods.
CMTrading Deposit and Withdrawal Fees
CMTrading provides a range of deposit and withdrawal options without hidden fees. This is especially beneficial for Brazilian traders, allowing them to efficiently and cost-effectively manage their funds.
The broker offers a wide range of currencies and payment methods, including local options that are convenient for Brazilian traders.
Traders must be aware of any potential fees their local banks or payment providers impose when making deposits or withdrawals. These fees can impact the overall cost of trading, so it’s worth checking beforehand.
CMTrading Inactivity Fees
Brazilian traders must be aware of the inactivity fee imposed by CMTrading. This fee is applicable if an account remains inactive for a period exceeding three months. This fee can impact traders who do not engage in frequent trading or take breaks from trading.
Furthermore, we urge traders to carefully strategize their trading activity to steer clear of these fees, particularly if they are handling smaller account balances where the impact of such fees can be more pronounced.
CMTrading Currency Conversion Fees
For Brazilian traders, currency conversion fees are an important factor to remember, particularly when trading accounts are in currencies other than USD, EUR, GBP, or ZAR.
Although CMTrading does not impose explicit currency conversion charges, traders should be aware that there could be associated costs when depositing or withdrawing funds in a different currency.
Overall, we think it is important to consider these costs when planning your trading activities, as they can fluctuate based on currency market conditions.
Are there any hidden fees that Brazilian traders should know when trading on CMTrading?
No. CMTrading prides itself on openness, and all potential fees, including overnight and inactivity fees, are explicitly stated on its website.
How much does it cost Brazilian traders to trade CFDs at CMTrading?
The costs of trading CFDs with CMTrading are mostly spread-based, with additional costs such as overnight fees depending on the duration of the contract.
CMTrading Deposits and Withdrawals
CMTrading’s multi-currency payment methods are available to traders from all countries where the broker offers services. Brazilians can expect access to the following deposit and withdrawal methods (we also give a step-by-step on using each in the sections below).
💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
Bank Wire Transfer | All | USD, EUR, GBP, AUD | 24 hours to 10 days |
Credit/Debit Card | All, except Canada | USD, EUR, GBP, AUD | 24 – 48 hours |
PayPal | All | USD, EUR, GBP, AUD | 24 – 48 hours |
WebMoney | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
Neteller | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
Skrill | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
CMTrading Deposits
How to Deposit using Bank Wire Step by Step
- Log into your CMTrading account and go to the ‘Deposit’ section.
- Choose ‘Bank Wire’ as your deposit method.
- Obtain the banking information provided by CMTrading for the wire transfer.
- Make a wire transfer from your bank to CMTrading using the banking information provided.
- Fill out the deposit notice form on CMTrading’s site, including the transaction details.
- Funds are normally credited to your trading account within 1 to 3 business days of the transfer.
How to Deposit using Credit or Debit Card Step by Step
- Access your CMTrading account and navigate to the ‘Deposit’ section.
- Select a credit or debit card type (MasterCard, Visa, etc.) as the deposit method.
- Enter your card information, including the card number, expiration date, and CVV code.
- Specify the deposit amount in one of the allowed currencies.
- Confirm the transaction. Your deposit should be processed immediately.
How to Deposit using Cryptocurrency Step by Step
- Log into your CMTrading account and select ‘Deposit.’
- Select ‘coin Payments’ and then your selected coin (such as BTC or ETH).
- You will be given a unique wallet address for the transfer.
- Send funds to the given address using your personal cryptocurrency wallet.
- The deposit is normally made instantly; however, the transaction may take some time to be validated on the blockchain.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Log into your CMTrading account and navigate to the ‘Deposit’ section.
- Choose your preferred eWallet (Skrill, Neteller, or Perfect Money).
- You will be redirected to the e-Wallet login page to complete the transaction.
- Enter the amount you want to deposit and then confirm the payment.
- The cash should be available in your trading account immediately following confirmation.
CMTrading Withdrawals
How to Withdraw using Bank Wire Step by Step
- Log onto your CMTrading account and go to the ‘Withdrawal’ area.
- Select ‘Bank Wire’ as your withdrawal method.
- Complete the withdrawal form with your bank details.
- Submit the form and wait for CMTrading to process your request.
- The funds should be in your bank account within one to three business days.
How to Withdraw using Credit or Debit Cards Step by Step
- Access your CMTrading account and go to the ‘Withdrawal’ tab.
- Choose the credit or debit card you previously used to deposit your withdrawal method.
- Enter the withdrawal amount and confirm your card information.
- Submit your withdrawal request, and the funds should be processed immediately, but they may take a few days to appear on your card statement.
How to Withdraw using Cryptocurrency Step by Step
- Sign into your CMTrading account and select ‘Withdrawal.’
- Choose ‘coin Payments’ and the coin you want to use for withdrawal.
- Provide your personal wallet address for the coin you are withdrawing.
- Enter the amount you want to withdraw and then confirm the transaction.
- Withdrawals are normally executed promptly, subject to blockchain confirmation timeframes.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- Log into your CMTrading account and choose ‘Withdrawal.’
- Select your e-wallet (Skrill, Neteller, or Perfect Money) as the withdrawal method.
- Enter the amount you want to withdraw and any other information required.
- Confirm the withdrawal request.
- After processing, the monies should be quickly deposited to your e-Wallet account.
Is there a cost for Brazilian traders to deposit funds into a CMTrading account?
No, there are no deposit fees. However, while CMTrading does not normally charge deposit fees, Brazilian traders should verify with their bank or payment provider to see if they do.
What is the minimum deposit for Brazilian traders on CMTrading?
The minimum deposit at CMTrading varies by account type and starts as low as 510 BRL ($100), making it affordable to most Brazilian traders.
Min Deposit
USD 1
Regulators
FSA, FSCA
Trading Platform
MT4, PandaTS, Webtrader
Crypto
Yes
Total Pairs
174+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
CMTrading Education and Research
How-To Videos
CMTrading’s How-To Videos are a valuable resource for Brazilian traders who want to understand trading fundamentals. These videos provide comprehensive coverage of various topics, including the setup of a trading platform and the execution of trades.
For Brazilians, especially those who are new to trading, these videos provide a valuable resource, presenting instructions in a clear and easily understandable format.
They have the expertise to assist traders in comprehending the intricacies of market analysis and the mechanics of trading, which are crucial in the ever-changing financial markets.
CMTrading Events
The CMTrading Events section serves as a central hub for Brazilian traders, providing them with timely updates on upcoming financial events that can potentially influence their trading strategies. These events consist of webinars, seminars, and roundtable discussions.
These events offer valuable educational content and the chance to connect with fellow traders and industry professionals, which can be highly beneficial for Brazilians.
This can be especially advantageous for individuals seeking to understand the impact of global events on local markets and make informed trading choices.
Daily Trading Signals
CMTrading’s Daily Trading Signals are a valuable resource for Brazilian traders, providing strategic insights to guide their trading decisions. These signals provide recommendations for potential trades based on thorough market analysis.
For Brazilians, these signals can serve as a valuable resource for making well-informed decisions, particularly for individuals who do not have the luxury of dedicating extensive time to conducting their own market analysis.
According to our research, it’s a method of accessing professional expertise and utilizing it for trading activities on platforms such as MetaTrader 4, which has gained popularity in Brazil.
Calculators
Calculators are indispensable tools for Brazilian traders, and CMTrading provides a wide range of options, such as margin and pip calculators. These tools are essential for effectively managing risk and strategically planning trades.
These calculators are useful tools for Brazilians to make accurate calculations and effectively manage trades, considering the volatility of their local currency, the Real (BRL), against major currencies.
Daily Market Reviews
CMTrading’s Daily Market Reviews offer Brazilian traders a concise overview of the day’s noteworthy market movements and events. This resource is especially helpful for individuals who want to stay updated but have a busy schedule and limited time to review news articles.
These reviews can provide valuable insights into global economic changes that may impact trading strategies for Brazilian traders, particularly in commodities significant to Brazil’s economy, like coffee and sugar.
Fundamental Analysis
Understanding fundamental analysis is crucial for successful trading, and CMTrading provides valuable resources to assist Brazilian traders in comprehending the economic indicators that influence market trends.
Understanding the economic developments in Brazil is crucial as they can greatly influence trading. With a solid grasp of fundamental analysis, Brazilian traders can enhance their ability to predict market movements and make well-informed trading choices.
Economic Calendar
The Economic Calendar is a valuable tool for Brazilian traders to stay informed about important economic events that can impact their trading decisions.
Understanding international economic releases can provide valuable insights into potential market reactions, especially in the context of Brazil’s emerging market status. This calendar is essential for strategizing trades around events that may result in heightened market volatility.
Blog
CMTrading’s Blog provides many articles covering topics such as strategy, analysis, and market news.
The blog serves as a valuable resource for Brazilian traders, helping them expand their market knowledge and stay informed about the latest trading trends. It can provide valuable insights into how global market trends may impact local Brazilian market conditions.
Daily Podcast
The Daily Podcast from CMTrading is a convenient resource for Brazilian traders to stay updated on the latest market news and trends. This is particularly beneficial for individuals who may be pressed for time and prefer to listen to information instead of reading lengthy reports.
It allows them to multitask and listen while commuting or engaging in other activities. The podcast is designed to assist Brazilian traders in staying connected to the markets while seamlessly fitting into their daily routines.
Free Webinars
CMTrading offers free webinars that provide an interactive learning experience for Brazilian traders, allowing them to gain insights from industry experts.
These webinars provide a comprehensive range of topics, covering market analysis, trading strategies, and risk management.
In our opinion, attending the webinars provides Brazilians with a valuable opportunity to learn from experienced trading professionals and receive real-time guidance, allowing them to improve their trading skills.
Live Seminars
CMTrading occasionally offers live seminars in various regions. When these seminars take place in Brazil, traders have the chance to interact directly with market experts and fellow traders.
Attending these seminars can provide you with valuable knowledge and the opportunity to learn from experienced professionals. You will gain a deeper understanding of trading concepts and insights into the local market.
eBooks
CMTrading offers a diverse selection of eBooks catering to various trading expertise levels, including introductory guides and more advanced strategies.
These eBooks provide a convenient learning opportunity for Brazilian traders, allowing them to learn at their own pace. They are especially valuable for individuals seeking to enhance their comprehension of intricate trading concepts and implement them within the Brazilian market.
Technical Analysis
CMTrading provides a range of resources for technical analysis, including charts, indicators, and tools that can help you analyze market trends and price movements.
Understanding technical analysis is crucial for Brazilian traders to navigate the unpredictable nature of financial markets successfully.
These resources can assist individuals in identifying trading opportunities and making informed decisions based on price action. This is particularly important in markets influenced by local and international factors.
Training Videos
Training Videos are an essential component of CMTrading’s educational suite, offering Brazilian traders valuable visual and practical lessons on a wide range of trading topics.
These videos are valuable resources for traders in Brazil who want to gain a deeper understanding of complex trading instruments and strategies. This knowledge is crucial for navigating the ever-evolving and sophisticated market.
Are CMTrading’s educational materials available in various languages for Brazilian traders?
While CMTrading provides materials in major languages, Brazilian traders should inquire about the availability of resources in Portuguese or other preferred languages.
How frequently does CMTrading update its educational information for Brazilian traders?
CMTrading’s educational content is frequently updated, ensuring that Brazilian traders have access to the most recent information and trading tactics.
CMTrading Bonuses and Promotions
CMTrading distinguishes itself in the fiercely competitive online brokerage industry by not relying on traditional deposit perks or registration bonuses to attract traders.
Instead, we found CMTrading on building a strong affiliate network and offering referral rewards to partners and clients who actively promote its services.
In addition, the firm primarily focuses on encouraging its current clients to refer new traders through its “Refer a Friend” program rather than relying on registration bonuses.
Referrals to this initiative have the potential to earn you a $100 bonus for every new trader who signs up and meets the deposit requirements.
We believe that this approach leverages the strong networking abilities of CMTrading’s clients, rewarding them for their contribution to the company’s growth.
Furthermore, the affiliate program (which we discuss in the next sections of our review) offers a structured compensation scheme for partners who bring in new clients to CMTrading.
This arrangement offers them a potential revenue source that aligns with the company’s growth agenda.
We believe that this approach highlights CMTrading’s dedication to fostering long-term relationships with its clients and partners, emphasizing a shared growth model instead of the typical short-term promotional incentives that many brokers in the industry now offer.
CMTrading Affiliate Programs
Thus far, we’ve discovered a lot about CMTrading and how the broker could benefit retail traders. Next, we’ll discuss how CMTrading’s affiliate program works and how Brazilians can partner with this flexible and reputable firm.
Features
We looked into the CMTrading affiliate program and found it’s a good opportunity for Brazilian traders to make money through referrals. As an award-winning, licensed, and regulated broker, CMTrading provides affiliates with the legitimacy they need to launch their own business ventures.
Affiliates can earn commissions by referring new clients to CMTrading. Potential rewards are directly proportional to the number of successful referrals, making this a compelling choice for individuals with strong marketing and networking skills.
With high-level SSL encryption and segregated accounts for funds, CMTrading provides a secure trading environment to clients referred by affiliates.
Clients who are worried about the security of their money will find this to be a major selling point.
Clients also have access to first-rate trading resources, such as CMTrading WebTrader, the widely used MT4 platform, and sophisticated trading applications, which can improve their trading experience and, who knows, maybe even increase their success rates.
As an additional selling point, affiliates can promote CMTrading’s trading conditions. Moreover, traders who want to get the most out of the market might take advantage of the clients’ high leverage and narrow spreads.
CMTrading provides substantial educational support through weekly webinars, individualized training sessions, and a treasure trove of market knowledge to assist clients in honing their trading methods and making educated judgments.
Nobody will abandon you when you sign up as an affiliate. To ensure the continued success of your referral business, CMTrading offers first-rate support and pairs you with an assigned account manager.
If you’re having trouble overcoming obstacles or getting the most out of your referral strategy, this kind of help might be invaluable. In addition, affiliates can earn unlimited income for referring new clients, so they can reap the advantages of each sale for years to come.
Affiliates can stay informed and alter their referral techniques with the tools offered by CMTrading, which allow them to track client performance and commissions in real time.
In our opinion, traders from Brazil have a great chance to build a sustainable income with the CMTrading affiliate program. The platform has a stellar reputation for trading, excellent customer service, and a firm dedication to its affiliates’ success.
How to Register an Affiliate Account with CMTrading Step-by-Step
Brazilians who want to partner with this broker can follow these easy steps to register and start reaping the rewards:
👉Step 1 – Register as an Affiliate
Visit CMTrading’s website at https://www.cmtrading.com/.Locate the main menu bar at the top of the page.Hover your cursor over the “Our Company” tab.
👉Step 2 – Select Introducing Business
A drop-down menu will display. To get information on the affiliate program, click Introducing Business. You’ll notice two options to start your CMTrading affiliate account setup process: A prominent “Register” banner is often shown in the upper right corner of the webpage. Alternatively, click the “Become a Business Referral” banner.
👉Step 3 – Complete Form.
Prepare to provide detailed personal and company information so CMTrading can determine your eligibility for the program. Ensure you have the following information easily available: Full Name Brazilian contact information: phone number, email address, and residential address in Brazil Business information (website URL, industry, etc., where appropriate) Complete the application form correctly and completely by addressing all mandatory fields.
CMTrading will take a few days to evaluate your application and documentation. Once approved, you should receive an email with the information and links to log into your affiliate portal to get started.
How do Brazilian traders join the CMTrading affiliate program?
Brazilian traders can join the CMTrading affiliate program by signing up on the CMTrading website’s affiliate section and filling out a registration form.
What are the advantages of the CMTrading affiliate program for Brazilian traders?
CMTrading’s affiliate program provides Brazilian traders with competitive compensation structures, marketing tools, and personal assistance to help them optimize their referral earnings.
CMTrading Customer Support
Customer Support
📞Customer Support | 🗣️Customer Support |
⏰Operating Hours | 24/5 |
🗣️Support Languages | English, Arabic |
🗨️Live Chat | Yes |
📧Email Address | Yes |
📞Telephonic Support | Yes |
🌟The overall quality of their 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 |
How can Brazilian traders contact CMTrading regarding urgent trading issues?
Brazilian traders can get responsive assistance from CMTrading’s 24/5 live chat or phone support. However, traders should note that support is unavailable over weekends or public holidays.
Are there any self-help resources for Brazilian traders on CMTrading?
Yes. CMTrading’s website includes a comprehensive FAQ area, user instructions, and tutorial videos that Brazilian traders can utilize for self-help.
CMTrading Social Responsibility
CMTrading has made social awareness a central part of its business strategy, evident from its strong stance on corporate social responsibility (CSR).
If Brazilian traders are interested in learning more about CMTrading’s community involvement, they can visit the “Our Company” section on the top menu of the CMTrading website. From there, users can choose “Giving Back To The Community” to explore the company’s specific programs.
According to our research, CMTrading’s CSR initiatives encompass a wide range of areas, with a strong emphasis on empowering communities and fostering sustainable development.
Their dedication to supporting early childhood development in South Africa is an impressive initiative. CMTrading has formed a partnership with the Grow Great Campaign, acknowledging the significance of early education.
This collaboration is dedicated to ensuring that every child in South Africa has the chance to achieve their maximum potential. Through this action, CMTrading demonstrates its commitment to tackling educational inequalities and fostering the development of future generations.
In addition to offering educational support, CMTrading has significantly impacted communities by organizing food distribution projects, ensuring that those facing hardship receive the nourishment they need.
This active participation in food security initiatives showcases a pragmatic and timely reaction to the urgent problem of hunger in marginalized regions.
In addition, CMTrading has expanded its corporate social responsibility efforts to support the Teddy Bear Clinic, focusing on health and wellness.
This organization is dedicated to offering thorough care and protection to children who have endured abuse. By supporting this cause, CMTrading demonstrates its dedication to protecting children’s rights and well-being, highlighting its strong sense of social responsibility.
These initiatives demonstrate CMTrading’s recognition that a thriving business must consider its impact on the community it serves.
Their commitment to corporate social responsibility is not just an afterthought but a core part of their identity, driven by a desire to create a meaningful impact beyond financial achievements.
As seasoned reviewers, we acknowledge CMTrading’s CSR efforts as a genuine endeavor to contribute to the community, showcasing a corporate philosophy that places importance on social investment as a crucial element of business excellence.
Conclusion
After conducting a comprehensive assessment of CMTrading as a forex and CFD broker, we have found that it offers an attractive choice for traders from Brazil.
It offers user-friendly platforms and various educational resources catering to traders of all experience levels.
The broker’s commitment to providing a well-rounded educational experience is evident through its wide range of learning materials, including webinars, daily market reviews, and training videos.
These resources can be particularly beneficial for Brazilian traders navigating the global markets.
CMTrading’s customer service is efficient and customized for Brazilian clients, providing support in various languages, which is especially beneficial for traders who speak Portuguese.
The platform’s stability and execution speeds are impressive, guaranteeing a reliable trading experience.
It’s important to keep in mind that although the trading costs and spreads are competitive, they might not always be the most affordable option. Traders should consider this if they are concerned about keeping costs low.
While the broker’s regulatory framework offers a certain level of security, it’s important to note that, as with any trading platform, inherent risks are involved.
Traders should have a clear understanding of the regulatory disparities that exist between different jurisdictions. For traders who value local oversight, the lack of a regulatory body in Brazil may cause concern.
Overall, we’ve seen that CMTrading provides a strong trading environment that prioritizes education and customer support.
When considering the benefits, we urge Brazilian traders to carefully evaluate how they align with their specific trading strategies and cost preferences.
We believe CMTrading is a great choice for Brazilians exploring the forex and CFD markets, thanks to its global reach and strong focus on education.
CMTrading User Comments and Reviews
CMTrading has garnered thousands of reviews across the Internet. We’ve researched several reputable forums and platforms where these clients have written about CMTrading to provide you with some of the top and newest comments.
- “All right, so my deposit took about 11 days longer than I thought it would. However, Alex, my account manager, was very helpful. Also, the platform is pretty stable. I’m happy to be working with CMTrading as a whole.”
- “Recently talked to Mr. Franklin from CMTrading, and it was truly great. How fast does the guy answer? Very quickly. He made the whole process very easy and was very helpful. I’m thrilled to be a part of this group!”
- “I’m new to CMTrading, but I like what I’ve seen so far. It was easy and quick to set up. The platforms look strong, and the company reviews I’ve read make me feel good. Great! Can’t wait to trade!”
“I’ve been dealing with CMTrading for a while, and I have to say that they communicate very well. The way they explain things is easy to understand, and they have great phone skills. Which is a big plus for me, they make sure you understand what they say.”
Our Recommendations on AvaTrade
CMTrading is an ideal broker for beginner and professional traders in Brazil. But, there are still some areas where the broker can improve its overall offering. Here are our comments and recommendations:
- Provide products and tools for hedging and risk management suited to the Brazilian market, particularly given the local currency and equity market volatility.
- Provide a thorough economic calendar featuring events that impact both global and Brazilian markets, assisting traders in strategically planning their approaches based on these events.
- Customize the educational content and marketing materials to align with Brazil’s unique cultural and economic landscape, enhancing their relevance and impact for Brazilian traders.
- Consider reviewing and adjusting the fee structure to make it more competitive with other brokers in Brazil. This will help attract traders who are sensitive to costs.
- Develop collaborations with financial institutions in Brazil to build trust and simplify financial transactions.
- Make sure that mobile trading apps are completely tailored to the needs and preferences of Brazilian mobile users, both in terms of language and functionality.
- Develop a community platform where Brazilian traders can come together to share ideas, strategies, and experiences, creating a strong sense of community and belonging.
Our Insight
CMTrading provides an easy-to-use platform for trading stocks, indices, and cryptocurrencies. Their customer support is outstanding in terms of service. Their emphasis on education and mobile apps is appealing to new traders, although active traders may be put off by potentially higher fees.
CMTrading Pros & Cons
✅Pros | ❌Cons |
The CMTrading copy trading feature is beneficial to traders of all experience levels | CMTrading has a limited product portfolio compared to other brokers |
There are several security measures in place to protect traders and their funds | There are no local Brazilian payment methods for deposits or withdrawals |
There are several user-friendly and feature-rich platforms offered across various devices | Brazilians cannot register BRL-denominated accounts with CMTrading |
Brazilian traders can expect fast and reliable deposit and withdrawal methods | CMTrading is not regulated in Brazil |
There is multilingual customer support available across channels | CMTrading does not have a physical office in Brazil |
Brazilian traders can expect competitive spreads across markets and accounts | Brazilians can’t trade any domestic CFDs on indices or shares |
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Frequently Asked Questions
What is the minimum deposit necessary to begin trading with CMTrading in Brazil?
The minimum amount needed to start an account with CMTrading is 510 BRL or $100, which gives Brazilian traders access to several trading instruments.
Are deposits for Brazilian traders processed swiftly at CMTrading?
Yes. However, the speed with which deposits are processed varies depending on the method used. Overall, we found that CMTrading normally attempts quick deposit processing, but payment provider timelines are also important.
What are the average spreads on key currency pairings at CMTrading for Brazilian traders?
Spreads at CMTrading start from 0.9 pips for popular currency pairs, providing competitive pricing for traders in Brazil.
Is CMTrading regulated in Brazil?
No, CMTrading is not directly supervised by Brazilian financial authorities. However, it follows international regulations that provide some measure of client protection.
Is there a deposit charge for Brazilian traders using CMTrading?
No. CMTrading charges no deposit fees, making it easier for Brazilian traders to fund their accounts.