For FOREX Trading in the US, I use Zecco Forex. Awesome Broker.
Setup a free $50,000 demo account in 5 minutes. Sign Up Here...

CMS Forex Broker Review

by forex on April 21, 2009

About CMS Forex Broker

cms-forexCMS Forex Broker has been operating on line since 1999, making them one of the respected forex authorities. They are governed by many esteemed financial bodies, making the funds of clients more secured than other companies. It is noticeable that despite their many honored affiliations, their minimum account is only $200. CMS Forex Broker also offers more payment and withdrawal options than other well regulated forex companies.

However, a lot of clients are requesting the CMS Forex Broker improve their response time, when it comes to replying to client emails. Connectivity is also a bit of a problem sometimes, but other than that they have overall good standing.

Basic Broker Details

Site http://www.cmsfx.com/
Country of Origin United States of America (USA)
Accepted Deposit Modes Check, wire transfer, PayPal, BPS, online check
Withdrawal Method Check (for US and Canada residents), wire transfer or BPS
Leverage 1:40 to 1:400
Regulation Body
  • Forex Dealer Member (FDM)
  • Futures Commission Merchant (FCM )
  • Commodity Futures Trading Commission (CFTC) of U.S.
Spread 3 pips (EURO or USD)
Minimum Account Requirement $200

Pros of CMS Forex Broker

*Regulated body, affiliated to many organizations

*Many payment and funding methods

Cons of CMS Forex Broker

* No MetaTrader 4

*Lacks in customer support

Leave a Comment

Previous post:

Next post: