This CM Index Ltd review evaluates the broker’s regulatory status, platform offering, account conditions, and overall client protections. CM Index Ltd is an offshore forex and CFD broker registered in Mauritius, providing MetaTrader-based trading on forex, commodities, indices, and cryptocurrencies. The firm targets retail and professional clients globally, offering ECN execution and multi-account solutions.

Regulation and Safety

CM Index Ltd is authorised and regulated by the Financial Services Commission (FSC) of Mauritius:

• FSC Mauritius – License No. GB20025728

While Mauritius is a developing regulatory jurisdiction, it does not offer the same investor protections as Tier-1 bodies like the FCA or ASIC. Key considerations include:

• Segregation of client funds
• No FSCS or ICF-style compensation
• Limited enforcement history from FSC
• No independent audit reports publicly available

Execution Model and Trading Platforms

CM Index Ltd uses an ECN/NDD model with aggregated liquidity. It provides access to:

• MetaTrader 5 (MT5): Full-featured desktop, web, and mobile access
• Support for Expert Advisors (EAs), scalping, and hedging
• FIX API access – available for institutional clients
• Multi Account Manager (MAM/PAMM) tools for money managers

Execution speed is under 100ms depending on client location and VPS usage. CM Index does not offer a proprietary platform.

Markets and Instruments

CM Index provides access to 200+ CFD instruments across various asset classes:

• Forex – 50+ major, minor, and exotic pairs
• Indices – US30, NAS100, GER40, UK100, etc.
• Commodities – Gold, silver, crude oil, natural gas
• Cryptocurrencies – BTC, ETH, LTC, XRP and others
• Shares – Select US and EU stocks (via MT5)

The broker supports 24/5 trading on most assets, with crypto CFDs accessible 24/7.

Accounts, Spreads and Leverage

CM Index offers flexible account types tailored to different trading styles:

• Standard Account: No commissions, spreads from 1.5 pips
• ECN Account: Raw spreads from 0.0 pips, $6 per round turn
• Institutional Account: Custom pricing, FIX access, high-volume tiering

Additional trading conditions:

• Minimum deposit: $100 (Standard), $1,000 (ECN)
• Maximum leverage: Up to 1:500 (retail), 1:100 (crypto)
• Stop-out level: 50%
• Islamic (swap-free) accounts – available upon request

Funding and Base Currencies

Funding options at CM Index Ltd are globally accessible and include:

• Bank wire transfer, credit/debit cards
• eWallets: Neteller, Skrill, FasaPay
• Crypto deposits (USDT, BTC, ETH)
• Base currencies: USD, EUR, GBP, BTC, USDT

Deposits are processed instantly for eWallets and crypto. Withdrawals take 1–3 business days. CM Index does not charge internal deposit or withdrawal fees.

Client Protections and Features

As a Mauritius-licensed broker, CM Index Ltd offers limited but essential client safety features:

• Negative balance protection
• Segregated accounts in Tier-1 banks
• Secure client portal with 2FA login
• No investor compensation scheme

The broker also provides account analytics, margin alerts, and economic calendars via its platform.

Institutional and Retail Offering

CM Index serves both individual and professional clients:

• Retail: MT5 access, high leverage, and crypto support
• Professional: ECN pricing, custom spreads, and swap discounts
• Institutional: FIX API, MAM/PAMM support, and liquidity access

Money managers and IBs can access advanced commission structures and partner tools.

Pros and Cons

Pros

• ECN pricing and MT5 platform
• FIX API and MAM/PAMM support for professionals
• Crypto funding and 24/7 crypto trading
• High leverage up to 1:500
• Multi-currency and crypto-denominated accounts

Cons

• Not regulated by a Tier-1 authority
• No investor compensation scheme
• Limited transparency on liquidity providers
• No proprietary platform or mobile app enhancements
• MT4 not supported

Frequently Asked Questions

Is CM Index Ltd regulated?

Yes, CM Index Ltd is licensed by the Financial Services Commission (FSC) in Mauritius under license number GB20025728.

What platforms does CM Index offer?

CM Index provides MetaTrader 5 (MT5) for desktop, mobile, and web. MetaTrader 4 is not supported.

What is the minimum deposit to open an account?

The minimum deposit is $100 for Standard accounts and $1,000 for ECN accounts.

Does CM Index support cryptocurrency trading?

Yes, CM Index offers crypto CFDs including BTC, ETH, and others, with 24/7 trading access.

Can institutional clients use FIX API?

Yes, institutional clients have access to FIX API, MAM/PAMM tools, and tailored liquidity solutions.