CM Trading
fx next
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while fx next was established in 2018 and is based in Dubai. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while fx next is regulated by Financial Conduct Authority (FCA) among others. CM Trading serves 10,000+ clients worldwide; fx next has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | CM Trading | fx next |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F237 |
| Founded | 2011 | 2018 |
| Country | Seychelles | Dubai |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and fx next, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. fx next charges withdrawal fees while CM Trading does not, giving CM Trading an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. fx next charges deposit fees; CM Trading does not. The two brokers are broadly comparable on fee structure.
| Feature | CM Trading | fx next |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
CM Trading offers MT4, MT5, cTrader, while fx next supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CM Trading supports social and copy trading features, which fx next does not offer. The two brokers are closely matched on platform offering.
| Feature | CM Trading | fx next |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CM Trading and fx next compare. fx next runs regular live webinars; CM Trading does not. Both provide video tutorials. fx next publishes daily market commentary; CM Trading does not. Both integrate third-party research tools. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.
| Feature | CM Trading | fx next |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 fx next supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx next uniquely supports PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.
| Feature | CM Trading | fx next |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fx next offer live chat support. Both provide phone support. Email support is available at both brokers. CM Trading supports 2 languages and fx next supports 8, giving fx next broader global reach. Both brokers are comparable on support quality.
| Feature | CM Trading | fx next |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |