Recalculated 2026-11-02 · Established 2012 · GCMT South Africa (Pty) Ltd; FSCA licenc
CMTrading — South Africa
CMTrading is rated 3.74 out of 5 by our formula (Rank #13 of 70) for traders in South Africa: round turn 8 USD, residents accepted — Yes.
Suits you if it takes residents of South Africa · a swap-free account is available · it runs 4 trading platforms
Look elsewhere if the round turn is 8 USD against a 7 USD median here · the minimum is 300 USD against 50 USD in this market
Key facts (8)
- Who actually onboards you
- GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marke
- Licence number
- 38782
- Established
- 2012group
- Min deposit, USD
- 300 USDgeo
- Platforms
- MT4 · WebTrader · mobile app · Sirix/copy-trading
- Local funding
- Cards, bank/EFT transfer, Skrill, Neteller.
- Max leverage
- 200geo
- EURUSD
- 1.5 pipsgroup
Accounts (5)
4 of 5 accounts with a published cost per lot
4 of 4 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| CMTradingBASIC ACCOUNT | 250 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingTRADER ACCOUNT | 2000 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingGOLD ACCOUNT | 20000 | 1.9advertised | Any | 19round turn, USD | — |
| CMTradingPREMIUM ACCOUNT | 85000 | 1.9advertised | Anyper standard lot | 19round turn, USD | — |
No published cost per lot:
| |||||
This broker against the South Africa middle (81 of 104)
| CMTrading | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 300 USDgeo | 50.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.0 |
| Platforms | 4 | 3.0 |
Licensed in South Africa
Locally FSCA-regulated — genuine domestic licence, strongest of the four geos.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about CMTrading.
- Who actually onboards you
- GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marketing SA (Pty) Ltd. H
- Licence number
- 38782
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.25+ 20.0% × 4.25+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 3.50+ 10.0% × 1.25= 3.74
Ranked against brokers measured on every axis
Licence check
- Licence number
- 38782
- Checked
- 2026-07-09
Who actually onboards you
GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marketing SA (Pty) Ltd. Home market.
Locally licensed entity
What each account gives you
Basic/Silver/Gold/Premium/VIP tiers; entry min ~USD 300 (Basic).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit ~USD 300 standard; ~USD 100 via some local methods.
What the broker publishes about payouts
Trading software and asset classes (4)
MT4 · WebTrader · mobile app · Sirix/copy-trading
FX, indices, commodities, shares, crypto CFDs.
Reviews
TrustScore 4.3 out of 5
Where it wins, where it loses
Pros (3)
- Licensed locally: 38782
- Swap-free account available
- Withdrawal published at 24 hours
Cons (1)
- Round turn 8.0 USD against a South Africa median of 7.0
Where it does not serve
United States, North Korea, Iran, Syria, EU member states
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (4)
4 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1cmtrading.com/where-is-cmtrading-authorizedcmtrading.com · pageBroker
- Aggregators and directories
- 2sashares.co.zasashares.co.za · domainAggregator
- 3daytrading.comdaytrading.com · domainAggregator
- 4dailyforex.comdailyforex.com · domainAggregator
FAQ (5)
Does CMTrading accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of CMTrading?
GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marketing SA (Pty) Ltd. Home market.
What licence does CMTrading hold for South Africa?
Licence 38782.
What does one EURUSD lot cost at CMTrading?
8.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from CMTrading take?
CMTrading publishes 24 hours. Their own wording: “CMTrading strives to process withdrawal requests within 24 hours”.