CMS Trader Overview
Telephone: +44-2038687252
Regulation: Not Regulated
Pairs offered: major, minor, and exotic currency pairs
Minimum Deposit: $500
Spreads From: 3 PIPs
Max Leverage: 400:1
Markets: Forex, commodities, indices, stocks, cryptocurrency
Deposit Options

CMStrader Broker Review

CMS Trader sports the slogan, ‘Let the Experts Lead’. This top provider of Forex trading services offers a full spread of financial instruments, including Forex, gold, cryptocurrencies, commodities, indices, CFDs, stocks and other options. CMS Trader is also renowned for its tight spreads in FX, its innovative trading platform, and its customer-centric nature. This Forex brokerage is operated by Safe Side Trading Limited and is fully regulated with the St. Vincent and Grenadine authority. CMS Trader works hard to simplify trading across a wide range of assets, courtesy of its mobile platform and Sirix Web trading platform. Safety and security are paramount, with a virtual online trading room, SSL security, and the highest levels of encryption technology in the trading arena.

Overview/ background

 

CMS Trader was established in 2012, and is now one of the leading providers of FX trading services. This company provides expert analysis and insights across multiple fields, including: credit facilities, financial services, investment management and the like. The teams of professional financial advisors at CMS Trader are fully equipped to help clients make informed decisions vis-à-vis Forex trading, investment, and money management. The range of portfolio management services provided by CMS Trader includes optimized risk/return balance, and maximize profitability based on pre-determined trading strategies. The financial services offered by CMS Trader are geared towards novices and experienced professionals alike.

This Forex broker has won multiple awards over the years, including the following:

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

 

Account Types

 

CMS Traders provides clients with access to 3 unique account types. These include a Mini account, a Silver account, and a Gold account.

The Mini Account offers leverage of 1:200, a minimum trade volume of 0.10, hedging, instant dealing desk, daily signals, daily market reviews and a minimum deposit amount of $500.

The Silver Account offers leverage of 1:200/1:300/1:400, with a minimum trade volume of 0.10, hedging, no dealing desk, CMS credit card, daily signals, video tutorials, live support 24/7, fixed spreads, CMS platform and the mobile trader/WebTrader, personal account managers, daily market reviews, financial planning, risk management planning, invitation to VIP events, and a minimum deposit of $10,000.

The Gold Account comes with leverage of 1:200/1:300/1:400, with a minimum trade volume of 0.10. Hedging is allowed, and there is an instant /no dealing desk, with CMS credit card, daily signals, video tutorials, and live support 24/7. There are fixed or variable spreads with the Gold account. Other benefits include the CMS platform and mobile trader/WebTrader, monitor personal account management, monthly account performance analysis, daily market reviews, financial planning, risk management planning, rushed withdrawals, invitations to VIP events, special ventures, and a minimum deposit amount of $50,000.

A fourth account type is available known as Exclusive Accounts. This is by invitation only and requires a minimum deposit of $100,000. With each of the CMS trader account types, there are many benefits including multilingual customer support, unlimited access to the trading platforms, complimentary daily trading signals, rapid execution quality for trades across all accounts, free daily market updates and technical analysis, and access to up-to-date technology.

 

Trading Platform/ software

 

CMS Trader utilizes multiple trading platforms, including Sirix Web Trader, mobile trader, and the Sirix Station. Each of these platforms is geared towards rapid executions of trades, real-time analysis, charting facilities, social trading (copy trading), and rapid processing of trades. The WebTrader solution is ideal for FX trading, direct off your browser. It is also ideal for trading indices, commodities, and metals.

WebTrader serves as a powerful trading solution for novices with little or no prior experience in the Forex market. The CMS Trader Sirix Mobile platform runs direct off your smartphone or tablet, and serves as the ideal solution when you don’t have a PC or laptop available. The CMS Trader Sirix Web Trader is available in demo mode as well. You simply create a demo trading account by entering your first name, last name, email and telephone number to get started.

This on the go trading platform offers a powerful solution for dabbling in the Forex markets. 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, market 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 agreement, 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 markets are readily available to clients at CMS Trader. These include trading Forex, precious metals, and crude oil. Other options include cryptocurrencies, indices, CFDs, stocks, Saudi stocks 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 markets are open 24/5 between 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.

 

Bonuses

 

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

 

Customer Support

 

The Contact Us section provides a wealth of customer contact details for new traders and existing traders. You can get 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 [email protected] , market[email protected] ,  [email protected]

Online Contact Form – Simply enter your first 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 between 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, EuTeller, and many others.

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 Overview
Telephone: +44-2038687252
Regulation: Not Regulated
Pairs offered: major, minor, and exotic currency pairs
Minimum Deposit: $500
Spreads From: 3 PIPs
Max Leverage: 400:1
Markets: Forex, commodities, indices, stocks, cryptocurrency
Deposit Options
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)