CMS Forex — Forex Broker Rating and Review 2020

CMS Forexhttp://www.cmsfx.com/
Status
Regulation
Trading software Meta Trader 4
Headquartered FOREX.com (UK) 23 College Hill, 3rd Floor London EC4R 2RT

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 trading information

WWW http://www.cmsfx.com/
Address FOREX.com (UK) 23 College Hill, 3rd Floor London EC4R 2RT
Headquarters London
Free phone +44 (0) 20 7429 7900
Digits after the dot in quotes 4
Minimum position size 0.01
Pip spread on majors 1-3
Spread Type
Leverage 500:1
ECN, $
Standard account, $ 100
Micro account, $ 100
Popular payment methods Credit Cards, Wire Transfer, WebMoney
Account currencies USD, EUR, JPY, GBP
Other instruments
Languages English
Platforms MetaTrader 4
Regulation CySEC
Foundation 1999

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.

RickYQ   31 July, 2016  

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.

Rick   29 July, 2010  

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 !!

Cristian   28 September, 2009  

The best software all the times

BrumBrum   13 September, 2009  

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.

EZIMUO   17 July, 2009  

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

Kunle   20 January, 2009  

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

Deji   12 April, 2008  

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.

slipless trader   3 September, 2006  

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/

Mr Forex   24 June, 2006  
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