CM Trading
Forex Financial Services
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while Forex Financial Services was established in 2008 and is based in Australia. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. CM Trading serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $250 at CM Trading and $2500 at Forex Financial Services.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Australian Securities and investment Commission (ASIC) |
| Founded | 2011 | 2008 |
| Country | Seychelles | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and Forex Financial Services, directly affecting your bottom line as a trader. CM Trading has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services charges deposit fees; CM Trading does not. The two brokers are broadly comparable on fee structure.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
CM Trading offers MT4, MT5, cTrader, while Forex Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mirror Trader, Sirix, Web Trader, Tablet & Mobile apps | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CM Trading and Forex Financial Services compare. CM Trading has a video library; Forex Financial Services does not. CM Trading integrates third-party research tools (Autochartist); Forex Financial Services does not. CM Trading scores higher overall in education and research.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CM Trading and Forex Financial Services offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | CM Trading | Forex Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |