Is CM Trading a Scam? Regulation Check 2026
We checked CM Trading's licence in the official FSCA register. Here is what the public records say.
Verdict
CM Trading is NOT a scam. It holds FSCA licence 38782, authorising it to offer trading services in South Africa.
How to verify on the official register
| Regulator | FSCA Financial Sector Conduct Authority (FSCA) |
| Licence Number | 38782 |
| Regulated Entity | Global Capital Pty Ltd |
| Founded | 2012 |
What FSCA regulation means
FSCA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSCA directly.
What FSCA regulation means for your money
- Client funds held in segregated bank accounts, separate from CM Trading's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSCA if CM Trading fails to resolve your issue
- CM Trading submits to regular independent financial audits under FSCA oversight
Frequently Asked Questions
Is CM Trading a scam or legitimate?
CM Trading is NOT a scam. It holds FSCA licence number 38782. FSCA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSCA official register.
How do I check CM Trading's FSCA licence?
Go to the official FSCA website and use the public register search. Search for licence number 38782 or the entity name. The record will confirm CM Trading's authorisation status and the scope of its permissions.
Are my funds safe with CM Trading?
As an FSCA-regulated broker, CM Trading must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if CM Trading encounters financial difficulties.
What protection do I have as a CM Trading client in South Africa?
In South Africa, CM Trading operates under FSCA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSCA.
Reader Comments
Loading comments...