Swan CMB Securities at a glance
Swan CMB Securities Ltd is a Mauritian investment dealer licensed by the Financial Services Commission under IP16000002, listed in the Stock Exchange of Mauritius broker directory. It brokers Mauritian equities on the SEM Official Market and DEM alongside global securities.
Swan CMB Securities reports a founding year of 1989 and a head office in Port Louis, Mauritius. It lists 1 regulator and 3 trading platforms.
BrokerBazaar verdict
Swan CMB Securities is a Mauritius-regulated full-service investment dealer with access to both local and international securities markets. Its conventional equity, bond and ETF services present a different risk profile from leveraged derivatives, while the firm's underwriting and advisory activities broaden its institutional offering.
Legal entities, regulation and licences
Swan CMB Securities operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Swan CMB Securities states that it accepts clients from Mauritius. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Shares, Debt Securities, ETFs, Bonds, ETNs. Platforms: SEM automated trading system, mySEM mobile app, Swan international trading platform. Account types: Trading Account.
Best-for tags assigned by our team: Local Markets, Long-Established.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is Not verified — no universal minimum publicly confirmed. Spreads start from N/A — exchange-traded secu… and commission is Investment Dealer fee from 0.7…. Maximum leverage is Not published, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer. Withdrawal methods: Bank Transfer.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: FSC Mauritius: Segregation of client funds expected under licence terms. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: securities@swanforlife.com. Phone: +230 208 7010. Formal complaint-handling timelines and escalation details were not sufficiently verified from the current public SCSL material. Contact the securities team directly and retain written records of the complaint.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: FSC-regulated Investment Dealer, Licence IP16000002.
- Strength: Full-service dealer authorisation includes underwriting.
- Strength: Current member of the Stock Exchange of Mauritius.
- Strength: Long operating history dating to 1989.
- Strength: Access to both Mauritian and international securities markets.
- Strength: Offers dedicated research and advisory services.
- Strength: Provides underwriting and sponsoring-broker services for SEM listings.
- Limitation: Current public material does not provide a simple platform-wide minimum deposit.
- Limitation: Brokerage and statutory charges apply to trades.
- Limitation: The public website does not provide a single consolidated retail fee schedule for every international instrument.
- Limitation: Specific customer-support hours are not currently published in the verified securities contact material.
- Limitation: The 2026 merger means some older documents still refer to Swan Securities Ltd rather than the current Swan CMB Securities name.
Who this broker suits, and who it does not
Swan CMB Securities is most relevant to traders looking for: Local Markets, Long-Established.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Swan CMB Securities change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Swan CMB Securities yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Swan CMB Securities
Data sources. Broker submission, the regulator registers linked above, Stock Exchange of Mauritius broker directory (updated August 2026) lists Swan CMB Securities Ltd as a licensed investment dealer; FSC licence IP16000002 stated on the firm's own about page, web-archive and domain records, and third-party traffic data. Last register check 2026-09-15. External ratings: Trustpilot N/A/5; WikiFX N/A/10; Google Play Store N/A/5; Apple App Store 1/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Swan CMB Securities through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.