64 brokers measured in Australiabroker data checked 11.10.2026
CMTrading logoCMTradingCM Trading Australia Pty Ltd

CMTrading in Australia — review, licence and costs

Written and checked by the Southerly editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of AustraliaOpened by CMTrading (Australia) Pty Ltd, register checked 11.10.2026

Score (6 of 6 axes scored)

3.692.0–5.0

ranked against full-basis brokers

  • Reviews25%65
  • Round-turn cost20%85
  • Safety20%0
  • Payouts15%80
  • Track record10%70
  • Platforms10%40

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.563 = 3.69 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
CM Trading Australia Pty Ltd
Founded
2012
Retail leverage
200 group
Round turn
8 USDAU
Currencies
Not specified
Swap-free account
—

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No AU broker license found
Active on registerchecked 11.10.2026https://www.cmtrading.com.au/about-us/
Open an account with CMTrading

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the CMTrading website
CMTrading's own site, captured for this review (06.10.2026)

Who actually onboards you

Entity that onboards Australia residents
CM Trading Australia Pty Ltd
Local standing
Unverified for AU trading
Licence as the register states it
No AU broker license found
Leverage for this entity
Up to 1:200 global default
The firm behind it
Global CFD broker
What we hold against it
Mixed/unclear AU relevance

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Australian residents enters the score.

The entity that onboards youCM Trading Australia Pty LtdLocal or offshore not stated in the source · ASIC licence —
1:200 group
Australia median, local entities: 1:50 · 18 of 20 statedGroup figure, not the local one

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youUnverified for AU trading
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Australia market median(priced from 73 of 76)

Round turn, 1 lot EURUSD, spread plus commission, USD
CMTrading, raw spread plus commission8
Australia median, all 73 priced6
Australia median, the 62 priced on the raw spread plus commission6

Medians run over the 73 of 76 brokers that publish a price for Australia, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Unspecified in AU. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Cost calculator (median of 73 priced of 76)

CMTrading, per month160.00 USD
Australia median, per month120.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a AUD conversion because the exchange rate is not part of our data.

Where CMTrading sits in the Australia base(76 brokers)

Round-turn cost, USD (73 of 76 priced)

9<5
575-10
310-15
315-20
120-25
025-30
030+

Median 6 USD · range 1.5-20 · this broker 8 USD · 3 of 76 brokers do not publish it

Minimum deposit, USD (7 of 76 priced)

4<20
020-40
040-60
060-80
380+

Median 15 USD · range 0-100 · 69 of 76 brokers do not publish it

Retail leverage (42 of 76 with a Australia figure)

31<1000
61000-2000
32000-3000
03000-4000
24000+

Median 1:115 · range 30-5000 · this broker 1:200 · 34 of 76 brokers do not publish it

Withdrawal time published (76 brokers)

6of 64
Published, hours6not published38CMTrading is one of the 6

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
Card24050
Bank transfer24050

Deposit and withdrawal methods (2 methods · 0 local rails)

Card and bank transfer

  • Card
  • Bank transfer
Account currency
Not specified
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(5 countries)

United StatesNorth KoreaIranSyriaEU member states

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(8 platforms)

The platform page on the CMTrading website
The platform page on CMTrading's own site, captured for this review (06.10.2026)
  • WebTrader
  • MT4
  • app
ClassCountMin spread
WebTrader—1.5
MT4—1.5
app—1.5
Forex pairs51—
Shares73—
Indices16—
Commodities15—
Crypto21—

Identical for every row: Leverage 200 AU.

Reviews(1 platform · 25% of the score)

4.3/ 5
Trustpilot rating
1,260
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.31,260

Share of reviewers in Australia: — The platform does not publish it.

Pros and cons(3 for and 3 against, each tied to a figure on this page)

For
  • Withdrawal in 24 h, one of 74 of 76 brokers here that publish a time
  • Round-turn cost 85 of 100, its strongest of 6 scored axes
  • 3 platforms: WebTrader, MT4, app
Against
  • Round turn 8 USD on the raw + commission basis, over the Australia median 6
  • No Australia authorisation on file: the entity that onboards you is licensed elsewhere
  • Safety 0 of 100, its weakest of 6 scored axes

Alternatives in Australia(5 of 76 scored in Australia)

4.42
Tickmill
Licensed elsewhere
Round turn, USD
6AU
Leverage
500AU
Rank in this country
#9
4.54
AvaTrade
Locally licensed
Round turn, USD
8AU
Min deposit, USD
100AU
Rank in this country
#3
4.38
Blueberry Markets
Locally licensed
Round turn, USD
7AU
Min deposit, USD
100AU
Leverage
30AU
Rank in this country
#11
4.17
Eightcap
Locally licensed
Round turn, USD
7AU
Min deposit, USD
100 groupAU
Leverage
30AU
Rank in this country
#13
4.45
Pepperstone
Locally licensed
Round turn, USD
7AU
Leverage
30AU
Rank in this country
#6

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Australia score. Full methodology

AxisWeightWhat is measuredCMTrading
Reviews25%Rating, volume and recency on one public review platform65
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median85
Safety20%Local authorisation, the entity that onboards you, any regulator warning0
Payouts15%Published withdrawal time, fees and the methods available in the country80
Track record10%Years since the firm was founded, from its own filings70
Platforms10%Which trading platforms the broker confirms for this country40

FAQ

Does CMTrading accept residents of Australia?
Yes. Unverified for AU trading Onboarding entity: CM Trading Australia Pty Ltd
Is CMTrading licensed to serve clients in Australia?
No AU broker license found Checked on 11.10.2026.
How much does one round turn cost at CMTrading?
About 8.0 USD per standard lot on EUR/USD. The median across brokers measured for Australia is 6.0 USD.
What leverage does CMTrading offer to retail clients in Australia?
Up to 1:200. leverageGeo: Up to 1:200 global default
Which trading platforms does CMTrading support?
WebTrader, MT4, app. Instruments: 150+ global assets
How can I withdraw money from CMTrading in Australia?
Card and bank transfer
What account types does CMTrading offer?
Unspecified in AU

Taxes for an Australian resident(1 rule)

  • Forex/CFD trading gains are not subject to a special standalone tax regime in the cited sources;https://www.cmtrading.com.au/about-us/

Not tax advice. Check with the ATO.

Verified · Sources