Where is CMTrading Authorized to Operate in?
Segregation of client funds is a non-negotiable requirement of FSCA regulation, and CMTrading has upheld this standard from inception since 2012.
Primary Authorized Jurisdictions
South Africa: FSCA Regulated Since 2012
We are one of the longest-standing FSCA-regulated brokers in the country. CMTrading’s South African has the License FSP No. 38782 from the FSCA. This means that South African traders are fully covered under FSCA rules, including fund segregation, fair conduct standards, and access to the FAIS Ombud for complaints.
Seychelles: FSA Regulated Since 2021
CMTrading’s Seychelles entity, GCMT Limited, holds FSA License SD070. This serves our international client base across Africa, the Middle East, and other regions where CMTrading is not prohibited by local law.
Regions Served
CMTrading actively serves clients across the following regions through our FSCA and FSA regulated entities:
- Africa: South Africa, Nigeria, Kenya, Ghana, Botswana, Namibia, Zimbabwe, and broader sub-Saharan Africa
- Middle East: UAE, Saudi Arabia, and the broader GCC region
- Caribbean: Jamaica and English-speaking Caribbean markets
- Global: Additional regions served via the FSA Seychelles entity where not prohibited
Countries Not Currently Accepted
CMTrading does not accept clients from the following jurisdictions as we have not expanded to that market. Hence, we do not possess local regulatory license:
🚫 United States of America | North Korea | Iran | Syria | Certain EU jurisdictions (ESMA restrictions) | Any country where local law prohibits engagement with offshore brokers
However, please note that this does not mean that we are illegitimate. It’s a matter of local regulatory frameworks that require separate licenses for those markets. If your country is listed above and you believe this is in error, please contact our compliance team.
Why Does CMTrading Appear on Some Warning Lists?
Some traders are surprised to find notices published by regulators in European countries like France, Belgium, or Germany. This does not mean CMTrading has done anything wrong. It just shows CMTrading is not locally licensed in those specific countries yet.
NB! A regulatory warning notice means “This broker is not licensed HERE”. It does not mean “This broker is a scam”.
CMTrading is a fully regulated, award-winning broker. We are just not locally authorized in every country.
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.
