CMS Forex

Admin July 14, 2024

Summary

CMS Forex is a Forex trading site based in New York. It was founded in 1999 by successful Forex traders and brokers, and software developers. CMS Forex has affiliate companies around the world, including Bermuda's Capital Market Services International, CMS Forex Japan, and CMS Forex UK. CMS Forex trading relies on the VT Trader 2.0 platform, which is customizable software to accommodate Forex professionals as well as those newer to Forex trading. CMS Forex offers both practice and live accounts with which to trade currency in real time, as well as education for newcomers to Forex trading.

Regulated

Meta Trading Softwares Used

MetaTrader 4

Overall Rating

3/5

Reviews

Wong
1.2/5

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 The rest of the finance has already been withdrawn.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.

RickYQ
3.4/5

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.

Rick
3/5

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.

Cristian
2.7/5

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.

BrumBrum
3/5

The best software all the times

Kunle
2.6/5

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

Slipless trader
2.4/5

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.

Ali
2/5

Unable to withdraw money

Alex
2.6/5

Bad bad bad bad... they never accept money withdrawals.. my funds are stuck for 3 month!!!! Don't recommend this broker at all...

Hinda
1/5

I wanted to give this site 0

Naresh Kumar
2.1/5

Full of scam

DAVID MARTINEZ
1/5

SCAM ALERT.

JB
It's a completed scam.. Full bunch of scammers and no one is responding. I have been chasing from last 3 months to get my funds back. No one is responding and giving an update.

1.6/5

Tim
1.6/5

Good support

Mary Banks
1.4/5

So, be careful when investing here nothing seem to work.

Corrie C.
4/5

I've been working with this broker for a long time, and so far I am satisfied with the results.

Abraham
3.6/5

Trustworthy trading partner

simone
1.3/5

It looks as a scam site. Avoid them, it is not possible to withdrawing money and not possible to contact them.

Richard Yaxley
4.1/5

Very professional and trustworthy brokers

Ctex
3.4/5

Good and efficient company