
CMS forex Review
- Processed by Gain Capital.
- Do not regulate Properly
- Poor management.
Overview
CMS Forex was founded in 1999 by professional Forex traders, brokers and IT developers. Our industry-leading forex platform, VT Trader™, is recognized for its advanced capabilities and user-friendly features.
In October 2010, CMS Forex became a broker for Gain Capital, allowing them 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. Also, As CMS Forex moves into the future, it remains committed to providing world-class Forex trading platforms and customer service. This review explains it:
Is CMS forex Scam or Legit? Read before opening your account.
CMS Prime (Cmsprime.com) is another forex scam broker to conquer the lucrative world of forex trading. CMSPrime purports to provide direct pricing from top-tier liquidity providers from over 100 top-tier banking institutions. CMS PRIME claims to be experienced, fair and transparent, so we had to investigate. We have received complaints from users who have lost money using CMSPRIME. Read this entire in-depth review of CMS Prime.
This broker claims to offer a way for users to trade forex, stocks and stocks online. Also, Claims to provide the best trading conditions with low, tight spreads are everywhere. These scammers have created a website that is enticing to the eye. This website looks good at first glance, with moving images and screaming banners. The warning to readers is that there is more than meets the eye.
Claims and promises are another bag of tricks scammers use to lure new investors. Users who sign up with CMSPRIME are promised to trade with leverage up to 1:500 and no commissions. Stay away from clueless forex brokers who only promise heaven to bring hell. User complaints are increasing day by day, and that is why we have to expose this broker. Read this entire review and find out what tricks these scammers use.
Another disturbing detail we think needs to be uncovered using a fake demo account. These scammers have rigged the demo account in favor of the users. Also, you might think this is a good thing, but it isn’t. Let us explain why these scammers are rigging their demo accounts. Signing up with a demo account shows that trades are over 90% successful. And this is where the scammers will set the trap.
Any novice trader who sees that they are making over 90% winning trades will want to mirror the results. And this is where they make the mistake of signing up with a real account. Once users deposit funds with this broker, they lose money. Signing up for CMS Prime is a terrible decision.
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Advantages and disadvantages of CMS forex
- Processed by Gain Capital.
- Working for many years.
- Provided Demo account service.
- Standard payment methods.
- Offers Many trading platforms.
- Many accounts available for trading
- Offer bonuses
- Trades with many countries
- Do not regulate Properly
- Poor management.
- Provides low security
- Passive working of trading platforms.
- Takes an initial deposit fee.
- The minimum deposit fee is 200 dollars.
- Unpredictable fluctuations in prices