Gemini vs CMTrading

Gemini vs CMTrading Comparison Table 2024
Gemini CMTrading
3.8

Gemini is #25 in our crypto broker rankings.

3.5
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Gemini is a cryptocurrency exchange set up in 2014 by the Winklevoss brothers, known for their early involvement in Facebook. The exchange is among the world’s 20 largest and continues to provide a secure and reliable trading environment by actively seeking regulatory oversight and complying with the latest industry requirements. Gemini traders can trade and stake 80+ cryptocurrencies, with derivatives trading available in some jurisdictions, an advanced proprietary platform, ActiveTrader, and additional features including an NFT marketplace.

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).

Comment by Reviewer
"Gemini’s ActiveTrader platform, transparency and attention to regulatory requirements make it a good choice for serious crypto traders seeking a reliable platform to trade crypto derivatives, though we were disappointed by some unnecessary fees and past financial problems." "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
  • High security with 2FA a requirement for all crypto investors
  • The app has a high-end design and intuitive interface
  • There is a decent range of education, guides and tutorials suitable for beginners
  • Gemini has won various awards in recent years, including the 2019 Markets Choice Awards: Best Cryptocurrency Exchange
  • TradingView integration opens up some great features for Gemini traders
  • Crypto perpetual futures are available in many jurisdictions with up to 1:100 leverage
  • The exchange has made great efforts to prove their credentials via audits, transparently publishing financial data and obtaining licenses
  • 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
  • High fees for some funding methods including a 3.49% fee for card transactions
  • History of concerning incidents including the collapse of its Earn program and a phishing breach
  • 'Convenience fee' for using mobile app seems arbitrary and makes it inefficient to use this feature
  • Some larger coins by market cap are not available to buy through Gemini
  • There is no practise profile or demo account for prospective traders
  • 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
Awards
  • Best Cryptocurrency Exchange 2019 - Markets Choice Awards
  • Best Crypto Exchange Overall 2022 - The Ascent
Instruments
Cryptos Forex, CFDs, Indices, Shares, Energies, Metals, Cryptos
Demo Account
No Yes
Minimum Deposit
$0 $100
Trading Platforms
  • ActiveTrader
  • AlgoTrader
  • TradingView
  • CMTrading Webtrader
  • MT4
Payment Methods
Minimum Trade
0.00001 BTC 0.01 Lots
Regulator
NYDFS, MAS, FCA FSCA, FSA
Margin Trading
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No 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
iOS & Android iOS & Android
Android App Rating
4.8
iOS App Rating
5
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
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
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered 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
1:200
FTSE Spread
35
GBPUSD Spread
2.6
Oil Spread
6
Stocks Spread
0.1
Forex Trading
Forex trading not offered 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
2.6
EURUSD Spread
1.5
EURGBP Spread
2.6
Assets
50
Cryptocurrency
Gemini offers 90+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin. The powerful ActiveTrader platform is optimized for online trading, and the broker offer perpetual swap derivatives. 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
Transaction fee from $0.99 From 0.02
Coins
  • BTC
  • ETH
  • XRP
  • ADA
  • DOGE
  • DOT
  • BCH
  • LTC
  • UNI
  • LINK
  • FIL
  • XLM
  • WBTC
  • EOS
  • SOL
  • AAV
  • XTZ
  • ATOM
  • MKR
  • DAI
  • COMP
  • ZEC
  • ENJ
  • GRT
  • SNX
  • BAT
  • MANA
  • YFI
  • UMA
  • ZRX
  • OMG
  • BNT
  • REN
  • CRV
  • 1INCH
  • LRC
  • KNC
  • STORJ
  • GNT
  • SKL
  • SAND
  • BAL
  • NMR
  • KEEP
  • OXT
  • LOOM
  • PAXG
  • BRD
  • CSP
  • TBTC
  • WNXM
  • FXC
  • AMP
  • WTON
  • LUNA
  • BTC
  • LTC
  • ETH
  • XRP
  • LINK
  • XLM
  • XMR
  • XDG
  • SOL
  • BCH
  • ADA
  • DOT
  • UNI
  • SHIB
  • VET
  • TRX
  • XEM
  • THT
  • BNB
  • MATIC
  • MANA
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
More Comparisons
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