Why CEO of Dubai-based CMTrading feels trust is key to success
Now Reading
Why CEO of Dubai-based CMTrading feels trust is key to success

Why CEO of Dubai-based CMTrading feels trust is key to success

Ibrahim Aita, founder and CEO of CMTrading, shares the brokerage’s decade-long journey and current investment trends

Avatar

Tell us how the company was formed. What have been some of the key milestones for the company?
Back in 2011, after years of experience in the financial services industry, my former partner, Daniel Kibel, and I decided to establish our own investment firm. We were so confident about our venture that we resigned from our senior positions to launch a roadshow to seek investment to launch the company. However, it was not an easy ride. We couldn’t get the desired funding amount, and things didn’t work out the way we wanted, forcing us to start all over again. We had a strong belief in our plans and what we were doing, so we carried on, betting on our jobs, savings and only $200,000 in funding. This was the foundation of what later became CMTrading in May 2012. The rest is history, the business really took off and we didn’t need any additional funding. We first partnered with a big local firm to provide us with the regulatory umbrella, but they lacked basic knowledge of customer support, which we mastered in time. So we parted ways, knocked them out of the market and conquered the leading brokers in South Africa. We’ve also been involved in contributing to the community. Earlier this year, we sponsored a children’s charity soccer team in South Africa. Ten years later, we’ve evolved into a growing global business operating from Africa to the Middle East. I can proudly say our business has stood the test of time.

We’ve seen a spike in the number of people choosing to trade online. What are some of the key trends driving this increase?
The pandemic has shown that relying on a traditional 9-to-5 job isn’t as secure as it used to be. Gone are the days of trading being the sole purview of suit-donning brokers screaming on Wall Street. Today, all you need is access to the internet, a good platform and sufficient training to be an online trader. To be successful, however, you need to partner with a trusted broker such as CMTrading.

What are some of the key investment trends that you see based on your clients’ trades?
The turmoil in Eastern Europe has sent gold and oil prices climbing to record highs. The tech sector is also making a comeback following a mass sell-off. This year will be marked by shortages in common staples and it’s prudent to diversify your portfolio. Three commodities worth looking into are coffee, cotton and aluminum; all three are at record high prices. However, with volatility comes opportunity and good traders know how to take advantage regardless of how the markets are moving.

Trust is a significant element when it comes to trading. How is CMTrading helping build and sustain that trust with its clients?

Trust is earned and our 10-year legacy, as well as multiple awards, confirm our efforts to garner trust. More than 1,000,000 subscribers enjoy our platform. But don’t just take our word for it – we encourage you to read our great reviews on Trustpilot and Benzinga or watch client testimonials on our YouTube channel. We are always there to help, which creates tight brand loyalty and long-lasting engagement with our customers.

Security is a critical component of any online trading platform. How does the company ensure its clients can trade safely?
The safety and security of our client funds are our number one priority. We use segregated accounts held at Tier 1 banks. This means that we never have direct access to our funds, they’re kept separate from the company.

What are the important factors when it comes to trading CFDs, especially in the current market conditions?
Please tell us about the risks and advantages. Contracts for Difference, or CFDs, allow traders to speculate on price movements of financial assets, such as Twitter or Netflix, without owning the asset. CFD traders can profit both when prices are rising or falling. What’s more, by trading on margin, you only need a small amount of capital to open a position. Any trade carries inherent risk, but you can mitigate this through good risk management practices

You might also like


© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top