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CM Trading regulation & licences

Forex & CFD broker Founded 2012 🇿🇦 South Africa

Licence ScoreModerateHow it's calculated

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Licences on record 2

2 Tier 2 — strong regulation

FSCAFinancial Sector Conduct Authority🇿🇦 South Africa
Reference: check the register
Compensation: No compensation scheme; FAIS Ombud handles complaintsNegative balance protection: Not a regulatory requirement

4 Tier 4 — light / offshore

FSA (Seychelles)Financial Services Authority Seychelles🇸🇨 Seychelles
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

CM Trading is a forex & CFD broker founded in 2012 and headquartered in South Africa.

In our database CM Trading is matched to 2 licences from FSCA and FSA (Seychelles). Its strongest licence comes from the FSCA, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

Like many international brands, CM Trading combines onshore and offshore entities. Clients in the UK, EU or other markets where it holds a strong licence are usually onboarded there, while clients elsewhere may be placed with its FSA (Seychelles)-licensed company. The protections differ substantially, so check which company is named in your client agreement.

None of the regulators we have matched to CM Trading operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.

CM Trading provides access to MT4 and its own proprietary platform.

Regulatory strengths

  • Holds tier-2 licence (FSCA)

Points to check

  • International clients may be onboarded to offshore entities (FSA (Seychelles))
  • No statutory compensation scheme at any matched regulator

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
2 FSCANo compensation scheme; FAIS Ombud handles complaintsNo statutory retail leverage capNot a regulatory requirementFAIS Ombud
4 FSA (Seychelles)No compensation schemeNo statutory capNot a regulatory requirementFSA Seychelles

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CM Trading regulation FAQ

Is CM Trading regulated?

Yes — in our database CM Trading is matched to 2 licences: FSCA (South Africa) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is CM Trading a tier-1 regulated broker?

No. None of the licences we have matched to CM Trading is from a tier-1 regulator. Its strongest licence is tier 2.

Does CM Trading accept US clients?

CM Trading is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so CM Trading generally cannot accept US retail forex clients.

Is my money protected with CM Trading?

None of the regulators matched to CM Trading in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

How can I verify CM Trading's licence?

Find the company name and licence number in CM Trading's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.