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Official regulator warning

On 20 June 2025, SEC Nigeria stated that CMTrading is not registered to solicit investments from the public or operate in the Nigerian capital market.

Currency-market research workstation

Seychelles

CMTrading review

GCMT Limited

4.0/10 Evidence score
Unverified profile Offshore regulated FSA Seychelles listed High risk
Official website Compare Open research report Trader reviews

Identity or supporting evidence is still awaiting a completed FXICON review.

Company overview

CMTrading at a glance

High risk

CMTrading offers forex and CFD access through MT5, a web trader, and mobile apps. The broker states that GCMT Limited holds Seychelles license SD070. Nigeria's SEC separately warns that CMTrading is not registered to solicit investments or operate in the Nigerian capital market.

FXICON ResearchSource-based broker researchRecord updated Review methodology

Last successful website check . Licence and editorial review dates are separate.

1 Licences
6 Source records
0 Approved reviews
0 Published complaints

Evidence coverage

Category fulfilment (%). Evidence coverage is not a return forecast.

Regulation and license evidence 14/30

1 distinct current listed or verified license record(s).

Transparency 13/15

Official website listed; Official domain stored; Legal/company name listed; Contact or support channel listed; Source citations or URLs present; Last checked date present.

Trading conditions 6/15

Minimum deposit listed; 1 account type(s) with concrete terms. Unknown, variable or account-dependent placeholders do not earn pricing points.

Platform verification 10/12

4 platform record(s); MT5 listed; 1 listed or verified platform status record(s); Platform notes present.

Trader feedback 7/15

No approved trader reviews yet; neutral baseline used.

Freshness and source confidence 11/13

Latest source or editorial check 12 day(s) ago; 5 reviewed source citation(s); Source URLs stored; Profile completion above 70%.

Official warning adjustment: -21 points. A reviewed official regulator warning caps the final evidence score at 4.0/10.

Research checklist

Full checklist
Ready Legal identity

cmtrading.com

Ready License evidence

1 record

Ready Source coverage

6 citations

Ready Trading terms

4 account types

Review Platform claims

MetaTrader 5, CMTrading Webtrader, CMTrading App

Missing Risk flags

3 flags

CMTrading is a forex and CFD broker operated internationally through multiple entities. The current platform set includes MT5, the CMTrading web trader, and mobile apps; MT4 was discontinued in April 2026.

Strengths listed

  • Current MT5 platform information published
  • Legal entity and Seychelles license claim disclosed
  • Multiple account tiers and support channels

Points to consider

  • Offshore regulatory profile
  • Not registered with Nigeria SEC
  • Promotional terms require careful review

Signals to verify

Research checklist
Official regulator warning high

An official regulator warning is attached. Read the authority record and jurisdiction before considering this firm.

Offshore regulation medium

The profile relies on offshore regulatory or registration evidence.

Unclaimed profile low

No approved broker-owner account is attached.

Licensing & jurisdiction

Regulation and licenses

Offshore regulated

Permission applies to the named legal entity and jurisdiction. Confirm the licence, website and permitted services with the authority.

FSA Seychelles

🇸🇨 SC Seychelles Financial Services Authority Seychelles
listed
Licence number
SD070
Licence class
Securities Dealer

The authority entry identifies GCMT Limited and cmtrading.com. No numeric licence is shown in the retrieved entry. Permissions and client protection depend on the entity and jurisdiction.

Open official register

Official broker disclosures and the SEC Nigeria warning were reviewed. The Seychelles license claim remains pending direct register confirmation, and the FXICON verified-profile badge is off.

Trading conditions

Accounts, costs and platforms

Minimum deposit $250 for the Basic account
Maximum leverage Jurisdiction and account dependent
Spreads Regular or ECN pricing by account tier
Commission Account and instrument dependent

MetaTrader 5

available / listed

Official help center states MT5 is current and MT4 ended on 4 April 2026.

CMTrading Webtrader

available / not applicable

Official proprietary web platform.

CMTrading App

available / not applicable

Official mobile application.

TradingView

company reported / claimed

Advertised on the official website during the source check. Availability is a company disclosure, not independent confirmation of server licence ownership.

Deposit methods

Not confirmed

Withdrawal methods

Not confirmed

Trading conditions and fees

The Basic account currently lists a $250 starting requirement. Four account tiers are offered, with ECN access associated with higher tiers. Exact leverage and promotional terms depend on account and region.

Spreads, commissions, swaps, and promotional conditions vary by instrument and account. Review the current legal and fee documents rather than relying on advertising pages.

Trader experiences

Reviews

0 approved
Not rated yet No approved trader reviews yet

Trader ratings are published after moderation. Editorial and evidence scores are shown separately.

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No approved reviews have been published for this profile.

Community reports

Exposure and complaints

0 published

Confirm the entity, country restrictions, and regulator record before funding. Nigerian residents should read the SEC Nigeria warning.

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No published complaints

This does not guarantee the absence of disputes or trading risk.

Evidence trail

Research sources & data checks

6 records
Authority records 2
Company sources 1
Other references 3

Recent data checks

  1. Official website checked
  2. Register entry reviewed
  3. Official website checked
  4. Register entry reviewed
Quick answers

CMTrading review: common questions

What is CMTrading?

CMTrading is listed in the FXICON broker directory under GCMT Limited, Seychelles. The recorded company website is cmtrading.com.

Is CMTrading regulated?

The directory records CMTrading as offshore regulated. Its licence section includes records associated with FSA Seychelles. Check the exact legal entity, permitted activities and current register status in this review's source links.

Which trading platforms are listed for CMTrading?

Source-listed platforms in this profile: MetaTrader 5. Confirm current availability and account compatibility with the broker. A platform listing does not establish software server-licence ownership.

What account types does CMTrading list?

Recorded account types include Basic, Silver, Gold, Premium. Deposit requirements, spreads, commissions and eligibility can differ by account; compare the account table and current company terms.

What do traders say about CMTrading on FXICON?

There are no approved trader reviews on this profile yet. Editorial ratings and calculated evidence scores are separate from trader-review averages.

Answers reflect the records displayed in this profile. Check licence details and review the underlying sources.