CM Trading versus AvaTrade

Traders get the core MT4 trading platform and the CM Trading Webtrader at CM Trading, while the proprietary CopyKat service serves social traders well. Beginner traders get quality third-party educational videos, while NewFactory publishes actionable trading recommendations. CM Trading caters best to beginner and social traders in Africa.

AvaTrade delivers its proprietary WebTrader, its mobile app AvaTradeGO, and its options platform Ava Option. Ava Social caters to social traders together with ZuluTrade and DupliTrade. AvaTrade also features the MT4/MT5 trading platforms upgraded with the Trading Central plugin. Unlike the four backward CM Trading account types, AvaTrade provides one competitive account type to all clients.

We have conducted an in-depth review of CM Trading and AvaTrade to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsAvaTrade (visit site)CM Trading (visit site)
Headquarter:IrelandSouth Africa
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$50 after three months, recurring$15 monthly after 90 days
Deposit Fee:
Third-PartyYes + Third-Party
Withdrawal Fee
Third-PartyYes + Third-Party
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Excellent educational serviceQuality educational videos
Unique Feature Two:
Well-balanced asset selectionProprietary copy trading service
Broker Offers:


The educational division of AvaTrade, SharpTrader, remains one of the highest quality services industry-wide, widening its advantage over CM Trading.

Available Markets

Available MarketsAvaTradeCM Trading
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

The asset selection at CM Trading remains limited but sufficient for beginners with smaller portfolios, the core trader base for CM Trading, where Forex and cryptocurrency traders get the best sector exposure. AvaTrade maintains a balanced asset selection with cross-asset exposure. Options trading is also available at AvaTrade, increasing its edge over CM Trading.

Typical Spreads and Fees

Typical Spreads & FeesAvaTradeCM Trading
Minimum Raw Spreads:
Not applicableNot applicable
Minimum Standard Spreads:
0.9 pips1.2 pips
Minimum Commission for Forex:
Commission for Equities:
Commission Rebates:
Not applicableNo
Execution Type:
Market MakerMarket Maker

The costs at CM Trading are a bit high, with minimum spreads of 1.2 pips or $12.00 per lot for a deposit of $1,000. Traders with portfolios above $10,000 get a reduction to $9.00. AvaTrade offers minimum Forex fees from $9.00 to all traders, while its overall cost structure ranks better.

Security and Trust

CM Trading

Country of the RegulatorName of the RegulatorLicense Number
Financial Services AuthoritySD070
South Africa
Financial Sector Conduct Authority38782


Country of the RegulatorName of the RegulatorLicense Number
Central Bank of IrelandReference Number C53877
The British Virgin Islands
Financial Services CommissionLicense Number SIBA/L/13/1049
Australian Securities and Investments CommissionLicense Number 406684
South Africa
South African Financial Sector Conduct AuthorityLicense Number 45984
Financial Services Agency /Financial Futures AssociationLicense Number 1662 / License Number 1574
United Arab Emirates (Abu Dhabi)
ADGM - Financial Regulatory Services AuthorityLicense Number 190018
Israel Securities AuthorityLicense Number 514666577

Both brokers have a trustworthy operational record and segregate client deposits from corporate funds. Negative balance protection exists at AvaTrade.

AvaTrade vs CM Trading – Verdict

CM Trading

Quality education for beginner traders plus actionable trading recommendationsHigh trading costs and backward account structure
Proprietary copy trading serviceHigh minimum deposit requirement
20+ cryptocurrencies, including mini contracts for smaller portfolios
Leading African broker for five consecutive years


High-quality educational offering via SharpTraderHigher trading costs typical of commission-free brokers
Excellent choice of trading platforms catering to various trading needs
Broad asset selection and cross-asset diversification opportunities
Well-regulated and trusted broker with oversight from a central bank

Cryptocurrency and social traders benefit the most from CM Trading. Beginners benefit from third-party educational videos and actionable trading signals, but higher costs are a notable drawback. AvaTrade established itself as a trusted broker for its growing client base. A broad choice of trading platforms, a balanced asset selection, and an acceptable commission-free pricing environment place AvaTrade ahead of CM Trading.

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