CMSTrader Journal (Broker out of business)

Journal status: closed
CMSTrader out of business
CMSTrader Profile
Website
www.cmstrader.com
Year
2013
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, US
Broker type
MM, STP
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
not disclosed
LPs names
not disclosed

CMSTrader Accounts
MM
STP
Minimum Deposit
10000 $
500 $
Leverage
400 : 1
200 : 1
Minimum Lot
0.1 lots
0.1 lots
EURUSD spread
3 pips
3 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
1000 lots
1000 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Instant
Instant
Spread
fixed
fixed
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Przelewy24, IDEAL, Skrill, Giropay, Klarna, Neteller, Boleto
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
Update broker

Is CMSTrader safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is CMSTrader trusted?

  • Information transparency: sufficient ★★★
  • Customer service: not so helpful ★★
  • CMSTrader website: semi-detailed, updated ★★★
  • CMSTrader popularity (by visitor count): low visits ★★

How CMSTrader works

CMSTrader is the counterparty in all transactions.

With the exception of ECN related activity, the costs attributed to our clients or in other words, our revenue, is incorporated in the spread of the instrument that client trades.

CMSTrader do not allow robot trading.

https://www.cmstrader.com/terms-and-conditions




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