The Chartered Market Technician (CMT) Certification
The Market Technicians Association is a non-profit organization, based in New York which awards the Certified Market Technicians. This global professional organization’s certification exam is considered the gold standard for technical analysis. Its in-depth focus on technical analysis methods and strong emphasis on ethics makes it the exam for analysts and those interested in technical analysis
The program consists of three levels of exams testing the student’s competency at each level. The exams are cumulative in scope. The first two levels are multiple choice exams. The third level is an essay exam.
The objectives of the CMT Program are:
- To guide candidates in mastering a professional body of knowledge and in developing analytical skills;
- To promote and encourage the highest standards of education; and
- To grant the right to use the professional designation of Chartered Market Technician (CMT) to those members who successfully complete the program and agree to abide by the MTA Code of Ethics.
Requirements
The following are requirements that must be met by all CMT Program candidates:
The CMT candidate is required to be either an MTA Member or MTA Affiliate continuously (dues paid) throughout the CMT process, and must agree to abide by the MTA Code of Ethics.
While MTA Affiliates may enroll in and successfully complete the CMT Program, only full Members of the MTA will be awarded and permitted to use the CMT designation. Continuous MTA membership, upholding the MTA Code of Ethics, and such other requirements, as determined, from time to time, by the MTA Board of Directors.
Registration and Exam Fees
The CMT Program Registration Fee is $250. This non-refundable fee is valid for five years, within which the candidate has to complete the exam.
- The Level 1 Exam Fee is $250_._
- The Level 2 Exam Fee is $450
- The Level 3 Exam Fee is $450
Level 1: The Level 1 exam measures basic, entry-level competence and understanding on the part of the candidate. The candidate needs to have a working knowledge of the basic tools of the technical analyst.
This 2 hour exam is a multiple choice and computerized.
Level 2: The Level 2 exam requires the candidate to demonstrate a greater depth of competency in a variety of fields of expertise. The candidate is expected to demonstrate proficiency in applying more advanced analytical techniques. This hour exam is also computerize and multiple choice.