CMS Forex

  • Name:CMS Forex
  • Website:http://www.cmsfx.com/
  • Location:Bermuda Russian Federation United Kingdom United States
  • Found in:1999
  • Regulation Authority:NFA (US), FCA (UK)
Editorial Rating:
2.71
Accept US Traders:
No

Cmsfx.com

When a team of professional traders, brokers and IT developers got together in 1999 they spawned CMS Forex and since that time the New York-based company has grown to become one of the world’s largest brokers.

With more than a decade of experience in the Forex world, CMSFX.com became an introducing broker for Gain Capital in 2010 and is now able to offer users access to a much larger FX platform. Indeed, accessing this increased liquidity means a greater amount of options for traders when looking for currency pairs. 

CMSFX.com’s Special FX:

CMSFX.com has done its best to create a virtual FX brokerage that offers something different. Although users can access the commonly used MT4 platform, the VT Trader is an advanced option that gives them a number of ways to achieve success.

Beyond this defining factor, CMS Forex has a footing in three major financial markets – the US, UK and Russia – and users are able to operate their account in one of eight base currencies. This option is a fantastic way to alleviate their exposure to exchange risk when depositing and withdrawing their funds.

For first timers and professionals alike the FX market is made wholly more accessible and profitable by CMS Forex.

The Essentials:

In addition to the more common MetaTrader 4, CMS Forex uses VT Trader as one of its trading platforms. Depending on which access point they desire, users can choose from one of two accounts at CMS Forex:

Practice Account: With this option a novice trader can take charge of a $50,000 virtual bankroll and begin their trading journey. With direct access to the live currency exchange market, this account is the perfect proving ground for those who want the thrill of the FX market without the financial risk.

Real Money Account: Once a user has graduated to a real money account they can begin to harness the power of VT Trader 2.0 to conduct FX trades. This advanced platform allows them to carry out chart based trading which means trades can be executed quickly before the market shifts.

Moreover, this platform allows users to set customisable stop limits and offers more than 110 technical indicators to help improve their success rate.

No matter whether you’re using VT Trader or MT4 there is access to 50 currency pairs on CMS Forex. Spreads on these pairs start from 0.9 pips and the maximum leverage on major pairs is 1:50, while minor pairs offer a leverage ratio up to 1:200.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.