Baxia Markets vs CMTrading

Baxia Markets vs CMTrading Comparison Table 2024
Baxia Markets CMTrading
3.3
3.5

Baxia Markets is an offshore CFD broker that offers trading on forex, commodities and indices with tight spreads on a straight-through processing model with ultra-low latency. Trade on MetaTrader 4 or MetaTrader 5 with leverage up to 1:500 and no restrictions to scalping or hedging strategies. Users also benefit from third-party copy trading services.

CMTrading is one of South Africa's leading online day trading brokers, offering trades with leverage up to 1:1000 on the MetaTrader 4 and browser-based Sirix platforms as well as a bespoke copy trading service. The brokerage launched in 2012 and holds a license with South Africa’s Financial Sector Conduct Authority (FSCA).

Bonus Offer
$30 Welcome Bonus
Comment by Reviewer
"Low commissions, market-leading spreads and the chance to trade with no restrictions will attract serious forex traders to Baxia Markets." "CMTrading is a great choice for traders based in South Africa looking to access highly leveraged forex and CFDs, plus copy trading tools and short-term signals."
Pros
  • Baxia New York and London data centres for deep liquidity and low latency
  • Copy trading services via ZuluTrade & Myfxbook
  • MetaTrader 4 and MetaTrader 5 integration
  • Full range of investments including cryptos
  • Straight-through processing model
  • Welcome bonus upon sign-up
  • Low starting deposit of $50
  • Instant and fee-free deposits
  • Demo account available
  • Hedging allowed
  • Forex VPS
  • FIX API
  • The broker supports the powerful MetaTrader 4 platform plus a proprietary Webtrader and a bespoke social trading feature
  • There's a decent array of educational resources for beginners on the online academy
  • Clients can access free short-term forex signals from the broker's platform
Cons
  • Offshore regulation with limited customer protection
  • Clients from the USA not accepted
  • No direct stock trading
  • Withdrawal fees apply
  • Spreads are uncompetitive across accounts compared to competitors
  • The broker's market coverage is limited, including only 100+ stocks
  • There are no additional third-party analysis tools such as AutoChartist
Instruments
CFDs on Forex, Commodities, Cryptos & Indices Forex, CFDs, Indices, Shares, Energies, Metals, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Trading Platforms
  • MT4
  • MT5
  • CMTrading Webtrader
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SCB, FSA FSCA, FSA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
MT4 & MT5 iOS & Android iOS & Android
Android App Rating
4.8
iOS App Rating
5
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook. These are among the most well-regarded copy trading apps that connect aspiring traders to seasoned investors. The broker's Copykat solution lets clients watch, copy and replicate the success of others traders. Clients can start mirroring positions once they have opened an account with a $250 minimum payment.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $15
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on 75+ instruments, including forex, energies, metals, and indices with variable leverage up to 1:500 on major pairs, 1:200 on minors and exotics and 1:100 on commodities and energies. Trade CFDs on forex, shares, indices, energies, metals and cryptocurrencies with variable leverage up to 1:200 and floating spreads. Traders can use the popular MetaTrader 4 platform or try the user-friendly, web-based Sirix, which also delivers real-time trading tips and detailed market forecasts.
Leverage
1:500 1:200
FTSE Spread
From 1.0 35
GBPUSD Spread
From 0.0 2.6
Oil Spread
From 1.0 6
Stocks Spread
N/A 0.1
Forex Trading
Trade 45+ major, minor and exotic pairs with deep liquidity and low latency. The ultra-tight spreads from 0.01 pips on raw accounts, competitive $7 or lower round-turn commissions and high leverage up to 1:500 will suit scalpers, who can trade without limits. Trade 50 forex pairs with floating spreads starting from 2+ pips on the regular account through to a minimum of 0.9 pips on premium ECN accounts. Traders benefit from in-depth forex education resources on CMTrader's academy and from daily signals.
GBPUSD Spread
From 0.0 2.6
EURUSD Spread
From 0.0 1.5
EURGBP Spread
From 0.0 2.6
Assets
56 50
Cryptocurrency
Trade popular crypto-fiat crosses with low spreads. Clients can speculate on short-term price fluctuations with powerful trading tools, low fees and reliable risk management features. Trade 23 of the most popular cryptocurrency assets, including BTC, ETH and SOL, in CFD pairs with USD and spreads from 0.02. Traders will not own the underlying tokens with these derivatives.
Spread
Variable From 0.02
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
  • LINK
  • XLM
  • XMR
  • XDG
  • SOL
  • BCH
  • ADA
  • DOT
  • UNI
  • SHIB
  • VET
  • TRX
  • XEM
  • THT
  • BNB
  • MATIC
  • MANA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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