Is CMS Trader a Scam?

Last updated: October 27, 2017

Summary

CMSTrader Forex Review – 100% Unbiased & Detailed
▼ Is CMS Trader Scam or Not? The Truth Exposed! ▼
Minimum Deposit + Withdrawal Procedures ▼ See Below!

Read Full Review

Details

Broker CMS Trader
Official Website URL www.CMStrader.com
Address 7 35-37 Ludgate Hill, London EC4M 7JN, England
Support Number +44 2038687254
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $500
Minimum Trade Amount $0.10
Payout 1:400
Free Demo Account Open FREE Demo NOW
Account Types Mini, Silver, Gold
Deposit & Withdrawal Methods VISA, MasterCard, Maestro, CashU, UniPay, Paypal, Skrill Moneybookers, American Express, Delta, Neteller, Sofort
Account Currency USD
Overall Score 9.0/10

Full CMSTrader Review

CMSTrader is a Forex broker platform which has been a preferred choice for most of the online trading community. It was established by a group of well-educated and vastly experienced stock exchange financiers who decided to found a company dedicated to proper portfolio management of individuals. One of the things that make them stand out when compared to other is the fact that they provide a high level of professionalism and many educational opportunities.

It was founded in mid-2012 and has won an impressive number of awards, some of which are Best Signals Provider for 2016 and Best Forex Broker for 2016. Investing with CMS Trader has been described as a ‘rewarding experience’ by most user testimonials that can be found on the Internet. If one is wondering whether it is a legit or a scam online brokerage platform, then he or she can find the answer in the following CMS Trader review.

CMSTrader Broker Platform

This Forex investment broker allows users to trade with a wide variety of currency pairs but does not limit itself to a single type of asset. It also provides the possibility to do so with commodities, indices, contract for differences (CFDs), margin and leverage, regular stocks, and Saudi stocks. This is one of the main reason why so many people choose to rely on the services of this platform – they provide a wide variety of possibilities and trading tools.

CMSTrader utilizes the Sirix web trader platform which can be smoothly supervised and put to good trading use. Every operation is based in real-time and does not require users to carry out any unnecessary downloading of software or its subsequent updates. This also enables traders to stay timely updated about the latest movements in prices as well as the most important political and economic news. A mobile platform and a downloadable version are also made available.

Interesting Fact:

CMSTrader is mainly a social trading platform that allows users to mimic each other’s financial operations. The Forex broker platform will suggest the most likely to succeed ones via an online live feed.

CMSTrader Social Trading

As mentioned above, this Forex broker operates mainly on a social trading principle. One can not only monitor the different transactions carried out by investors who are better skilled than he is but he can also copy them. There is also a chat option which further enhances the level of communication and the exchange of useful tips and fruitful strategies.

Users can let the CMSTrader follow a particular investor’s financial operations automatically or adjust the stop-loss feature to discontinue this in case of need. Social and copy trading are often thought of as the future of Forex trading.

Is CMS Trader Legit or a Possible Scam?

All of the evidence that we were capable of collecting during the investigation for this CMS Trader review suggest that this is a reliable and genuine Forex broker platform. User testimonials have also been predominantly positive. The brokerage is completely legit and one can expect good results when proceeding to trade with it.

Review Verdict: CMS Trader is a Reliable Forex Broker
Visit CMSTrader Official Website

 

There have been no reported troubles with its deposit and withdrawal methods and the Forex broker also features an expanded education center which includes video tutorials and lots of educational and helpful materials. They are presented in an interactive format which is easy-to-understand.

CMSTrader Deposit & Withdrawal Methods

This Forex trading broker has a wide variety of provided deposit and withdrawal methods. One can commence to carry out the said via credit or debit card and with the use of Wire Transfers. Before proceeding to make any of the two procedures, one must fill out a withdrawal request form and apply a valid copy of a personal identification document, utility bill or any other legit proof of identity.

Useful Tip:

Any deposits or withdrawals that are carried out via wire transfers require users to transfer a fee of $20. If the sum that has to be processed is smaller than $500, then the cost increases to $25. This, however, is valid not only for the CMSTrader Forex broker but for such transactions in general.

CMSTrader Featured Account Types

One of the peculiar things about this Forex investment broker is that it has four distinct account types. They are Mini, Silver, Gold, and Islamic. If one wishes to get started with a Mini account, then he has to place a minimum deposit of $500 and can expect a fixed spread, daily market reviews, and 24/7 live support.

Silver account type requires a $10,000 investment. It has the same special features as the Mini one but also adds daily signals, video tutorials, frequent invitations to VIP events, a financial and risk management plan as well as a CMS credit card. Gold is the account type with the most advanced features but one has to place $50,000 in order to open it.

CMSTrader Education Center

This Forex investment broker allows one to educate himself on basic and advanced trading topics with the use of an extended Education Center. The said features learning materials that are presented in written and video form. Another solid reason to opt for the platform is that the language of the lectures is easily understandable.

Some of the uploaded materials are charts, market analysis. There is also an Economic Calendar which helps traders stay up-to-date with expected price movements. The blog section is where current news and reviews are most frequently posted.

Conclusion

CMSTrader is a Forex investment platform that can provide online users with numerous possibilities to achieve success by applying a vast multitude of useful tools. One can successfully engage in social and copy trading and expand his market knowledge in the meantime. The Education Center includes lots of helpful materials which will completely grab the attention of the viewer because of their highly interactive format.

All in all, this is a truly legit and authentic Forex broker. Users can achieve great success via the use of its provided services.

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