CMG – is an online trading company which was founded in 2015. This broker is getting more and more popular each day because professional and new traders trust it. The main reason why users choose CMG is that it has all certifications which can be checked on the official website.
All trading conditions are demonstrated on the official website of CMG:
- The minimum deposit for a live account is $250 (there aren’t any fees to create a personal profile);
- The minimum trading volume is 0,01;
- The leverage can be up to 1:500 (it depends on the type of the user’s account);
- The minimum spread is 0,2 pips;
- Traders can use only USD to hold their accounts.
Saying about trading conditions it’s also significant to mention that the company can charge commissions for transactions. They are applied only for the particular types of accounts.
The advantages of the company
CMG is a well-known trading company which helps people not only in the USA but also in other parts of the world. The main reason why traders choose this online broker is because it has a registrar in Saint Vincent and The Grenadines. That’s why it’s being controlled and doesn’t act against the law. However, this is not the only superiority of CMG. It also has other advantages such as:
- Profitable trading instruments. Users can choose tools out of dozens options. It is possible to trade with metals including gold, oils, CFDs and different currency pairs.
- Many ways of withdrawing of funds. It’s possible to transfer your money to your credit card, UnionPay, Neteller, Wire transfer and Skrill.
- Demo account. If a person isn’t an experienced trader, he can open a demo account. It means that he doesn’t need to make any deposit to start trading. However, this account will expire after 30 days if a user doesn’t trade regularly.
- Support. If a trader has problems with using the platform, he can contact managers who work for CMG. It’s possible to ask questions via an Email or phone number.
- Multilingual website. CMG has an official website in two languages. These are English and Chinese.
- The most popular trading platform. This company uses MetaTrader 4 for trading. This is the most profitable option not only because of its interface but also because of the number of features it has. This platform can be installed on different operating systems including Windows and macOS. If a trader doesn’t have access to a conventional program, he can download an app on his mobile phone.
CMG was established in 2015, and these days the company has got mostly positive reviews. Most traders note the amount of trading instruments which this broker provides. Moreover, a lot of users find it profitable that CMG allows opening demo accounts for testing the program.
However, there are also negative reviews. As for some traders, the main shortage of the company is a lack of educational lessons. That’s why it can be difficult for newcomers to start trading via CMG.