CMStrader Review – is CMStrader Scam or Legit Broker?

CMS Trader

1.9

Rating

1.9/5

Pros

  • Demo Account Trading Option Available
  • Dozens of Forex Pairs
  • Multiple Account Types
  • Friend Referral Bonus

Cons

  • No FCA regulation
  • No Exchange Traded Funds
  • Limited info on cryptocurrency
  • High minimum deposit amount ($500)

CMS Trader sport the motto, ‘Let the Experts Lead’. This top-rated provider of Forex trading services supplies the complete spread of financial tools, for example Forex, gold, cryptocurrencies, commodities, indices, CFDs, assets along with different options. CMS Trader is renowned for the tight spreads in FX, its own trading platform, and also its particular customer-centric character. This Forex brokerage has been controlled by Safe Side Trading Limited and is fully controlled together with the St. Vincent and Grenadine authority. CMS Trader works hard to reevaluate trading over a vast selection of shares, thanks of its cellular platform along with Sirix Web trading platform. Security and safety are predominant, with a digital internet trading space, SSL security, and also the greatest rates of security technology inside the gambling world.

Overview/ desktop

CMS Trader has been created in 2012, and it’s presently one of the top providers of FX trading products and services. This business offers expert analysis and advice over multiple disciplines, for example: credit centers, financial services, investment direction and so on. The teams of professional financial advisers in CMS Trader are fully designed to help customers make informed decisions vis-vis Forex Currency trading, investment, and currency management. The selection of portfolio management services supplied by CMS Trader comprises optimized risk/return balance, and optimize sustainability predicated on pre-determined trading plans. The monetary services provided by CMS Trader are intended for beginners and seasoned professionals alike.

This Forex broker has won several awards Through the Years, such as the subsequent:

  • FX Empire award for Official Signals Provider at 2016
  • Id award for Best Broker at 2016
  • com Best Broker at the Middle East at 2016
  • StreetFX Award for Best Broker at 2016
  • com Award for Best Signals Provider at 2016

Account Types

CMS Traders provides customers using 3 specific account types. These add Mini accounts, Silver accounts, and Gold accounts.

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The Mini Account offers leverage of 1:200, the absolute minimum trade amount of 0.10, hedging, instant working desk, daily signs, daily store reviews and also a minimum deposit amount of $500.

The Silver Account offers leverage of 1:200/1:300/ / 1:400, with the very least trade amount of 0.10, hedging, no coping desk, CMS bank card, daily signs, video lessons, live service 24/7, adjusted spreads, CMS stage and the cellular trader/WebTrader, personal account managers, daily store reviews, financial planning, risk management preparation, invitation for VIP events, and also a minimum deposit of $10,000.

The Gold Account is sold with all leverage of 1:200/ / 1:300/ / 1:400, with the very least trade amount of 0.10. Hedging is enabled, and there’s definitely an instant /no coping desk, together with CMS bank cards, daily signs, video lessons, and live service 24/7. There are variable or fixed spreads with all a Gold account. Other profits consist of the CMS system and cellular trader/WebTrader, track personal account direction, monthly accounts performance investigation, daily store reviews, financial planning, risk management preparation, hurried requests, invitations to VIP events, special ventures, and also the absolute minimum deposit level of $50,000.

A fourth consideration type is also known as Exclusive Accounts. That really is by invitation only and requires a minimum deposit of $100,000. With every one of those CMS trader account types, you can find various profits including multilingual customer care, unlimited entrance into this trading platforms, free daily trading signs, fast implementation quality for trades around all of the balances, complimentary daily store upgrades and technical investigation, and also usage of up to date technology.

Trading Platform/ applications

CMS Trader uses multiple trading platforms, for example Sirix Web Trader, mobile trader, and also the Sirix Station. Every one of those platforms is aimed at accelerated executions of trades, realtime investigation, charting centers, societal trading (backup trading), and also accelerated processing of trades. The WebTrader solution is excellent for FX trading, straight off your own browser. It’s also perfect for trading indices, commodities, as well as alloys.

WebTrader functions as an effective trading solution for newbies with little if any prior knowledge in the Forex store. The CMS Trader Sirix Mobile platform operates directly away from your smartphone or tablet computer, and functions as the perfect solution whenever you neglect ‘t have a PC or laptop available. The CMS Trader Sirix Web Trader is available in demo mode as well. You simply produce a demo trading account by entering you are before all else name, last name, email and telephone number to obtain started.

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This on the go trading platform offers a powerful solution for dabbling in the Forex stores. The mobile trading platform is available at the Google play store for android-powered devices, or the App Store for iOS devices. Traders can enjoy the latest FX news, store movements and pricing with a powerful social trading product.

Sirix Station is the downloadable version of the WebTrader platform and it’s ideal for Forex trading purposes. With one touch trading functionality, zero delays and advanced charting features, this is the preferred trading solution for Forex traders.

Deposit options

Multiple deposit options are available at CMS Trader, including Visa, MasterCard, Maestro, Visa Electron, Barclays, Safe Charge, WebMoney, Abaqooo, Astropay Card, bank link, and China UnionPay. The minimum deposit amount is $100, and the maximum deposit amount is $10,000.compliance with security safeguards is mandatory, and all new depositors will need to provide a valid copy of the ID/passport, utility bills, rental concession, and the last 4 digits of the card for the deposit if the credit card is used. These security safeguards are put in place to ensure that only registered account holders have access to their personal information.

Markets

Multiple stores are readily available to clients at CMS Trader. These include trading Forex, precious metals, and crude oil. Other options include cryptocurrencies, indices, CFDs, assets, Saudi assets and the like. The following listing of products and their specifications covers several options:

  • Forex – EUR/USD, USD/JPY, GBP/USD, EUR/JPY, AUD/USD, USD/CHF, EUR/CHF, EUR/GBP, USD/CAD, NZD/USD, AUD/JPY, CHF/JPY, GBP/CHF, USD/HKD, CAD/JPY, EUR/CAD, NZD/CHF, GBP/CAD, USD/TRY and dozens of others. Forex stores are open 24/5 in the middle of Sundays at 10 PM GMT and Friday at 9 PM GMT.
  • Cryptocurrencies – Bitcoin
  • Saudi Stock exchange
  • Indices – NASDAQ, NYSE, LAC, CAC, DAX, Euronext, and 17 others.
  • Commodities – gold, silver, platinum, sugar, cotton, coffee, corn, wheat, WTI crude oil, Brent crude oil etc.
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Bonuses

CMS Trader currently offers a friend referral bonus with no maximum amount limitation. Details of the bonus is found here.

Customer Support

The Contact Us section provides a wealth of customer contact details for new traders and existing traders. You can obtain in touch with customer support at any of the offices around the world including Singapore, Switzerland, Bahrain, and Australia. The UK contact information includes the following details:

Telephone – 44-203-868-7252

Email Support – [emailprotected], [emailprotected],[emailprotected]

Online Contact Form – Simply enter you are before all else name/last name, email, subject and message.

The customer service team is standing by to assist you with your technical, registration, banking, regulation or other services.

Safety

CMS Trader is a strict adherent of Anti-Money Laundering and Counterterrorism Financing Act regulations. This responsible trading brokerage places safety and security at the top of its agenda. The integrity of client accounts is protected at all times, thanks to strict verification, security checks, and multi-layer safety standards. This Forex brokerage is operated by safe side trading Limited of St. Vincent and the Grenadines. It is fully compliant with all the rules and requirements of this legal jurisdiction, including financial reporting. Client funds are held in segregated accounts, separate from business funds.

Ease of Use

CMS Trader lays out each of its categories in an easy-to-follow manner. This includes products, accounts, education, platforms, trading tools, and Company information. You can easily switch in the middle categories, sections, and trading options.

Final Thoughts

CMS Trader is a safe, secure and trusted Forex brokerage. It offers a full spread of major, minor, and exotic currency pairs for registered traders. Additionally, it features a full suite of banking options, comprising Boleto, Neteller, Skrill, GiroPay, Ideal, Visa, Maestro, Visa Electron, MasterCard, NETeller, and many others.

Internet Site:
www.cmstrader.com
Telephone:
44-203868725two
Legislation:
Not Regulated
Pairs provided:
Major, minor, and exotic money pairs.
Minimum Deposit:
$500
Spreads From:
3 PIPs
Max Leverage:
400:1
Markets:
Forex, commodities, indices, assets, CryptoCurrency