Review summary
CGMA Trade (Cgma-trade (Seychelles) Ltd.) is a forex broker established for 2-5 years and registered in Seychelles. The entity holds no valid regulatory licenses for forex trading and is officially categorized with a 'Suspicious Scope of Business'. Its low overall score of 1.42 reflects significant concerns regarding its regulatory standing and operational transparency. The broker offers multiple account tiers, including Basic, Advanced, Platinum, and VIP, with minimum deposit requirements ranging from $250 to $100,000 USD. Trading conditions feature floating spreads starting from 0.6 pips and leverage up to 1:200, supporting scalping, Expert Advisors (EAs), and locked positions. It is critical to note that CGMA Trade operates without oversight from a recognized financial authority, which presents a substantial risk for client funds and fair trading practices. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-09)
