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Is CMTrading Legit?

Is CMTrading Legit?

Everything You Need to Know

If you’ve ever typed this question on the internet “Is CMTrading Legit”? Here is everything you need to know: who we are, how we are regulated, and how you can verify the details all by yourself.

Who Is CMTrading?

CMTrading is a multiple award-winning broker established in 2012, with its headquarters in Johannesburg, South Africa. In the past 13 years of operation, we have grown to serve 2,000,000 + members worldwide. We provide trading access to Forex, stocks, indices, commodities, and cryptocurrencies for both beginners and experienced traders.

We have physical offices located in South Africa, Nigeria, and Seychelles, and provide multi-language support across the globe.

Is CMTrading Legit?

Award-Winning

Best Performing Broker in Africa

Is CMTrading Legit?

More than
2M members

Worldwide & growing

Is CMTrading Legit?

Dual Regulated

FSCA South Africa + FSA Seychelles

Is CMTrading Legit?

FOUNDED
in 2012

14Years of operation

Is CMTrading Regulated?

Yes : CMTrading is fully regulated by two credible financial regulators:

Financial Sector Conduct Authority (FSCA),

FSP No. 38782, as a juristic representative of Blackstone Marketing SA (Pty) Ltd (FSP No. 38782). Licensed since 2012.

Financial Services Authority (FSA) of Seychelles

Licence No. SD070, Company Registration No. 8425982-1. Licensed since 2021.

How To Verify CMTrading's Licences

FSCA (South Africa): Visit fsca.co.za & search ‘GCMT South Africa‘. 

FSA (Seychelles): Visit fsaseychelles.sc & search ‘GCMT Limited’. 

CMTrading's Compliance Track Record

  • CMTrading has been operating consistently for 13 years without having our licence revoked.  
  • Our client funds are protected securely  at Barclays Bank PLC and Nedbank and never  combined with company funds. 
  • Full transparency: all legal documents verifying our credibility, including Client Service Agreement, AML Policy, and Complaints Policy are publicly available on our website 
  • In cases of attepted Fraud by impersonation scams and phising attempts: CMTrading actively notifies clients to scams and attempted Fraud.  

Frequently Asked Questions

No. CMTrading has been a legitimate and regulated broker in operations since 2012. We are licensed by the FSCA in South Africa (FSP No. 38782) and the FSA in Seychelles (License SD070 since 2012). Client funds are protected and held separately in regulated banks. We have operated seamlessly for 13 years without having our license revoked. This is because we are legal and legitimate. You can verify our regulatory status directly on the FSCA website at fsca.co.za.
Yes. CMTrading operates under two active regulatory licenses: South Africa’s primary financial market regulator. GCMT South Africa (Pty) Ltd is regulated by the Financial Sector Conduct Authority (FSCA) under FSP No. 38782. GCMT Limited is regulated by the Financial Services Authority (FSA) of Seychelles under License No. SD070. Both licenses can be verified on each regulator’s official public registry.
Regulatory notices do not imply we have done anything wrong. In our own case, it simply means we are not locally licensed yet to operate in the jurisdiction. For example, we have not expanded markets in Europe and North America yet, which means we are not licensed to operate in this region. CMTrading is currently authorized and legally licensed to operate in South Africa and Seychelles, and we restrict our marketing to jurisdictions where we have the appropriate authorization.
CMTrading is authorized to operate in South Africa under FSCA regulation, and in Seychelles under FSA regulation. CMTrading also serves clients in Africa, the Middle East, and other regions where we are approved by local law. CMTrading does not serve clients from the following regions: the United States, North Korea, Iran, Syria, or certain EU jurisdictions where we do not possess local ESMA approvals. If you would like to know whether CMTrading can serve you in your country, contact our compliance team directly through the official website.

Still have questions about our regulatory status?

Contact our compliance team at cmtrading.com/contact-us or visit our Regulations page for full licence documentation.

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The CMTrading Team

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