CM Trading vs Exness: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeCM TradingExness
Licence Score46Moderate68Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record29
1 FCA United Kingdom —Licensed
2 CySEC Cyprus —Licensed · Licence 178/12
2 FSCA South Africa LicensedLicensed · FSP 51024
3 FSC (MU) Mauritius —Licensed
3 CMA (Kenya) Kenya —Licensed
3 JSC Jordan —Licensed
4 FSA (Seychelles) Seychelles LicensedLicensed
4 BVI FSC British Virgin Islands —Licensed
4 CBCS Curaçao —Licensed
Founded20122008
HeadquartersSouth AfricaCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, ProprietaryMT4, MT5, Proprietary
Minimum deposit—US$10
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Frequently asked questions

Is CM Trading or Exness better regulated?

Exness has the higher Licence Score (68 vs 46), based on the number and tier of licences, operating history and public listing.

Which regulators license both CM Trading and Exness?

Both are matched to licences from FSCA and FSA (Seychelles).

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.