CMG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 10:33

Abstract：CMG is an online broker with more than 80 instruments, including forex, cryptocurrencies, precious metals, market commodities indices, and others. It offers free demo accounts and live accounts through the MetaTrader 4 (MT4) platform, leveraging high options up to 1:400 and spreads from 0.2 pips. However, it is unregulated.

CMG Review Summary
Founded	1998
Registered Country/Region	Australia
Regulation	Not Regulated
Market Instruments	Forex, Cryptocurrencies, Commodities, Indices, Precious Metals, Oil
Demo Account	Yes
Leverage	Up to 1:400
Spread	Starting from 0.2 pips
Trading Platform	MT4
Customer Support	+61 2 4036 3165
Customer Support	support@cmgau.com

CMG Information

　　CMG is an online broker with more than 80 instruments, including forex, cryptocurrencies, precious metals, market commodities indices, and others. It offers free demo accounts and live accounts through the MetaTrader 4 (MT4) platform, leveraging high options up to 1:400 and spreads from 0.2 pips. However, it is unregulated.

Pros and Cons

Pros	Cons
Supports MetaTrader 4	Lack of regulation
High leverage up to 1:400	Limited account choice
Offers over 80 tradable instruments

Is CMG Legit?

　　CMG is unregulated.

What Can I Trade on CMG?

　　CMG offers more than 80 types of tradable instruments, including Forex, Cryptocurrencies, Commodities, Indices, Precious Metals, and Oil.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Oil	✔
Indices	✔
Cryptocurrency	✔
Metals	✔
Shares	❌

Account Type

　　CMG offers two types of accounts: Free Demo Account and Live Account with high leverage options of up to 1:400.

CMG Fees

　　CMG offers clients trading conditions with low spreads starting from 0.2 pips and a commission-free structure.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC and Mobile	Investors of all experience levels

Deposit and Withdrawal

　　CMG does not charge fees for deposits or withdrawals using any payment method. Supported funding and withdrawal methods include bank wire transfer, credit or debit cards (Visa or MasterCard), Skrill (Moneybookers), C-Link Solution, CoinZoom (cryptocurrency deposit), Finrax (cryptocurrency deposit), China UnionPay, and B2B transfer.