CM Trading Review 2026
The full CM Trading write-up for India traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in India
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD053 |
| Regulated Entity | CM Trading Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $250 |
| EUR/USD Spread | From 1.8 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✓ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD10/month after 3 months |
Verdict
Cooks under FSA (licence SD053). Cover charge $250. In India, forex leverage is capped at 1:500.
About CM Trading
CM Trading opened its doors in 2012 out of a kitchen in Johannesburg, South Africa. Its menu runs to 300 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by CM Trading Ltd under FSA.
In India, CM Trading serves as CM Trading Ltd, cleared by FSA under licence number SD053. Under FSA house rules, India traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD053
- 300+ instruments to trade
- Negative balance protection in India
- Platforms: MT4, MT5
- Copy trading available
- Established in 2012, over a decade in the market
Cons
- Inactivity fee: USD10/month after 3 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is CM Trading regulated?
Yes. CM Trading is authorised by FSA, issued to the entity CM Trading Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for CM Trading in India?
The cover charge is $250, the smallest amount India traders need to open a live account with CM Trading under FSA rules.
What leverage does CM Trading offer in India?
In India, FSA rules cap CM Trading at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is CM Trading safe to trade with?
The kitchen passes inspection: CM Trading cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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