HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

CMS Forex Review and Information 2024

CMS Forex
Voting Rating CMS Forex does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Status Closed
Regulation n/a
Trading software Meta Trader 4
Headquartered Kingstown, Saint Vincent, and Grenadines

CMS Forex was established in 1999 by professional Forex traders, brokers and IT developers. Our industry-leading Forex platform, VT Trader™, is renowned in the industry for its advanced capabilities and user-friendly functionality. In October 2010, CMS Forex became an introducing broker for Gain Capital, which allows it now to offer access to this renowned Forex platform. Headquartered in New York, CMS Forex is a global company with offices in London and Saint Petersburg. As CMS Forex moves into the future, it remains committed to providing top Forex trading platforms and client services.

CMS FOREX is a forex broker company that was founded in the United States but is now apparently settled in Kingstown, Saint Vincent, and Grenadines. 

A Forex broker like CMS FOREX provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers. Retail currency traders in turn use these broker companies to gain access to the 24-hour currency market for speculation purposes. Forex broker services can also be provided for institutional clients and large companies such as investment banks.

CMS FOREX was one of the largest Forex brokers on the market with a presence in some of the most important financial markets in the world and was acquired by Gain Capital in 2010. Since CMS FOREX’s transition to Gain Capital, it still seems to offer services to retail traders through proprietary trading accounts, but with some drawbacks. CMS FOREX trading offers practice and live accounts and relies on the VT Trader 2.0 platform.

 

CMS Forex Trading Information 2024


WWW https://www.cmsfx.com/
Address Kingstown, Saint Vincent, and Grenadines
Headquarters Kingstown, Saint Vincent, and Grenadines
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Copy trading
Automated trading
Daily analysis
Demo account
Swaps
24/5 trading
Scalping
Hedging
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 1-3
Maximum Leverage 500
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Cards, Wire Transfer, WebMoney
Account currencies USD, EUR, JPY, GBP
Available assets Forex, Gold, Shares, Indices, Futures, Commodities
Languages English
Platforms MetaTrader 4
Broker type Broker
Regulation CySEC
Foundation 1999

CMS Forex Traders' Reviews

CMS Forex is a complete scam. All important information lies somewhere in the jungle of agreements, which you should at least re-read before each opening of a trading order, wherever you are not deceived. I will definitely not be contacting your alleged specialists again. The rest of the finance has already been withdrawn. What I wish for everyone else. Let them know and learn from the mistakes of others. The company draws candles on the charts and resets deposits to clients, which was confirmed in my personal experience. For the AUD/USD pair, the chart had a low of 65.45, when all other brokers did not lower the price below 67.45. The client agreement states that in the event of a claim, quotes from other companies and information resources will not be accepted. Avoid CMS Forex, sooner or later they will draw a candle and you will lose your funds.
  16 Aug 2020  

Please login to start commenting.

Broker has its own developed VT Trader platform. I can put my trades right on the chart. Platform is interacting with live data. It's free of charge and can be used as a complex environment for trading currencies online. There is no big difference for me whether I trade on mt4 or through vt trader. The only one advantage is I can trade wherever I want if I have internet access.
  31 Jul 2016  

Please login to start commenting.

Server crashing way too often. 2 days in a row for approx. 5 hours without access. VT good platform, but not reliable. I wonder if CMS is shutting down the server on purpose for financial reasons or they just won't upgrade the server to handle traffic.
  29 Jul 2010  

Please login to start commenting.

They are pretty good in every aspect. I have been with them for 1 year. Their platform is visually stunning but uses a lot of memory. <br />
A minor thing is that not all their tech support reps are on the same page as far as tech issues but this applies across the board for all brokers. The good thing is that the software has very good tracking capabilities so you can see and later check everything that you expected to happen but did not. their spreads are among the best (not the best). I made a good choice BUT DON&#39;T EXPECT THEM TO BACK UP YOUR POOR TRADING SKILLS BECAUSE THEY WON&#39;T !!

  28 Sep 2009  

Please login to start commenting.

XM Human Broker - Transparent, Fair and Focused on the Client

No hidden terms in pricing, execution, or promotions. Same quality of services, market order execution and level of support for all clients regardless of investment size, investment goals and financial situation. Easy and convenient systems for opening and managing account(s), for depositing or withdrawing funds. and for trading the international markets.

The best software all the times
  13 Sep 2009  

Please login to start commenting.

my greatest worry with cms is the constant switch off of their trading system the vt else its a wonderful broker with client oriented facilities.
  17 Jul 2009  

Please login to start commenting.

If cmsfx is soo bad...how come you stayed with them for 8 Years ??...and what exactly makes them bad ? guys should stop blamming their losses on the brokers.Please Deji....can you send me the contact number and email of the forex account manager that helped you..please
  20 Jan 2009  

Please login to start commenting.

Well, i used to think this broker were scams and they trade against clients.I had lost so much money with them and almost gave up forex until i saw an advert on google from Quadri Abubakar in Nigeria who trades for people.I refunded my account to his minimum of $5000 and handed it over to him to trade for me on .HE HAS CONSISTENTLY MADE OVER 50% PROFIT PER WEEK FOR ME OVER THE PAST 2 MONTHS using the same broker i thought were scammers.
Now i understand that most people complain about brokers because they dont really know how to trade.As far as i am concerned..cmsfx is good

  12 Apr 2008  

Please login to start commenting.

Got slipped often. Also in the middle of a news after I was already in they shut the server off. Call several times it was busy called again it then rang and rang I then called again and they answered and then hung up. loss alot by the time I got out. If they would have answered the phone I would have gotten out in the money.
  3 Sep 2006  

Please login to start commenting.

I do not belive in cutting and pasting, just have a look at this link about this website ?
http://www.currencysecrets.com/2005/05/13/cms-forex-review/

  24 Jun 2006  

Please login to start commenting.

All CMS Forex Reviews

Related Forex Brokers

# Forex Broker Overall Rating Status Reviews Type Regulation Leverage Account
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 259 Reviews and comments BrokerCySEC, FCA, DFS...2000:1$1
2Register Octa trading accountOctaOverall Rating for Octa: 5 stars 360 Reviews and comments BrokerSVG500:1$50
3Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 219 Reviews and comments ECN, STPCySEC, SVG500:1$1
4Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 946 Reviews and comments Broker, NDDCySEC, FCA, FSC...500:1$100
5Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 520 Reviews and comments BrokerIFSC, CySEC, AS...3000:1$1000
6Register Vantage trading accountVantageOverall Rating for FBS: 4.5 stars 33 Reviews and comments BrokerVFSC, ASIC, FCA...1000:1$200
7Register XM trading accountXMOverall Rating for XM: 4 starsTrusted 279 Reviews and comments BrokerASIC, CySEC, FS...1000:1$5
8Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...500:1$100
9Register AMarkets trading accountAMarketsOverall Rating for AMarkets: 4 starsTrusted 51 Reviews and comments BrokerMISA, FSA, FSC,...3000:1$100
10Register Errante trading accountErranteOverall Rating for Errante: 4 starsTrusted 4 Reviews and comments DMA, ECN, MMCySEC, FSA500:1$50
11Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 224 Reviews and comments MM, ECN, STPFCA, FSCA30:1$100
12Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 79 Reviews and comments ECN, STP, MMSeychelles FSA1000:1$50
13Register RoboForex trading accountRoboForexOverall Rating for RoboForex: 4 starsTrusted 285 Reviews and comments Broker, NDD, STPFSC2000:1$10
14Register Exness trading accountExnessOverall Rating for Exness: 4 stars 657 Reviews and comments MM, NDDFSA, CySEC , FC...2000:1$1
15Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 104 Reviews and comments BrokerCySEC, NFA, FIN...500:1$100
16Register MarketRocks trading accountMarketRocksOverall Rating for Just2Trade: 4 starsNewcomer 9 Reviews and comments MMn/a400:1$2500
17Register ModMount trading accountModMountOverall Rating for Just2Trade: 4 stars 11 Reviews and comments BrokerFSA400:1$250
18Register PowerStox trading accountPowerStoxOverall Rating for Just2Trade: 4 stars 88 Reviews and comments MMn/a400:1$2500
19Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA400:1$250
20Register Nixse trading accountNixseOverall Rating for Just2Trade: 4 stars 170 Reviews and comments ECNn/a400:1$15000

* Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.