CM Trading Review

• Company name: Global Capital Markets Trading Ltd.
• Registration/license: Seychelles
• Registration/license requirement: USD 2,000

Is CM Trading a regulated forex broker or a scam?

no, CM Trading broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

CM Trading is a Forex broker and the Brand name of Seychelles-based Global Capital Markets Trading and BLACKSTONE Marketing in South Africa.

The main office is located in Johannesburg, South Africa and they also provide international phone numbers in UK, France, Canada, Malaysia, Brazil and Saudi Arabia. Although the company is not regulated in these countries, most probably is targeting their residents.

The key requirements for the Seychelles license are: domestic company in Seychelles with a share capital of USD 50,000 and an operational office in Seychelles. The advantages of this license are speed and low cost.

It is always better and safer to trade with a reliable broker licensed by Australia’s ASIC, Cyprus’ CySEC or UK’s FCA. For example, the license from UK’s Financial Conduct Authority requires EUR 125,000 of capital for the STP license aside from client deposits. Check the list of the FCA-regulated brokers here.