In this section We will analyze the broker CMS Trader (owned by Safe Side Trading Limited). Is CMS Trader really reliable for one to invest with their money?
CMS Trader is a Forex and CFD broker based and central offices (also called headquarters) in Singapore, although it also has offices in England, Spain and Australia.
This broker “opened its doors in 2013. The broker is located regulated by the VFSC (Vanuatu regulatory body) and by the SVGFSA (regulator of Saint Vincent and the Grenadines).
Now we will analyze the different types of account provided by the broker. In this case we do not find 3 different types of account.
The first type of account is the Mini accountSome of the features are: $ 500 minimum initial deposit, up to 1: 200 leverage, instant trading desk, daily signal service, fixed spread and 0.10 minimum trade volume.
This is followed by Silver accountSome of the features are: minimum initial deposit of $ 10.000, leverage of up to 1: 400, video tutorials, daily signal service, fixed spread and minimum trade volume of 0.10.
The last type of account is the Gold accountSome of the features are: minimum initial deposit of $ 50.000, leverage of up to 1: 400, video tutorials, daily signal service, fixed or variable spread and minimum trade volume of 0.10.
Below we leave more information about the types of account in case you want to go into more detail:
It should be noted that the platforms offered by the broker are, in this case Sirix and webtrader, and not the usual MetaTrader 4. Now, yes, we will analyze the broker's website in search of different resources and aids for the trader.
Some of the resources provided by the broker are: explanation of different trading concepts, ebook, video tutorials, seminars, a blog (although it is in English), news from the financial world, tools such as a pip calculator, also a glossary (although found in English), economic calendar, among other resources. It should be noted that in this aspect the broker is very complete.
FCA Warning
The FCA (UK financial regulator) has issued a warning against CMS Trader, you can read it here> https://www.fca.org.uk/news/warnings/cms-trader.
Other information about CMS Trader
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Website: www.cmstrader.com/en/
Phone number: + 44-2038687252, + 61-283173658, + 46-842002857 or + 34-910479735
Email: [email protected]
Ending with this section, in our opinion
the CMS Trader broker is reliable, but you have to take it with care, because we have read different comments and opinions on the internet where they mention having had problems with capital withdrawal.
October, 2017 update: Due to numerous comments received from CMS Trader clients, we believe that CMS Trader is not trustworthy.
November, 2017 update: We recently noticed that the FCA (UK regulator) has issued a warning against CMS Trader.
What is your opinion? Have you traded with this broker? We invite you to collaborate with us and vote, you can also leave a comment on our website.
We leave a vote open so that traders and users can vote for the broker.
We are conducting a vote on which is the best broker - You can vote and see the results here
Hi everyone, I finally tried mychargeback services to see if I could get the money back, and luckily I did well. Well, it turned out that I did get my money back. At least in my case I could. Thank you and blessings to all.
Hello Tamara, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.
A man who claims to be a cmstrader broker named EDUARDO CARRERAS has scammed me.
I lost € 500 in hours and the news that was very clear even for me that I do not have much idea of operating, also that it is a lie that the operations are protected if it is the broker who operates, it is a farce.
What is clear that here you will never earn money and if you win it, wait sitting to collect it
Hi Jose, thank you very much for sharing your experience with CMS Trader with us, as you will see we rated it negatively, do you remember how you came to find them?
a greeting
I've been trying to talk to my broker for many weeks, a certain Sara James, and there is no way. I WANT TO WITHDRAW MY MONEY; I am in a very hurry without a job right now and with a child and I need this money. Can someone help me how to get it out? Thank you
Hello Amy, let's see if someone can answer you something useful, we also recommend you read the rest of the comments and experiences in this same section, a greeting.
Hello, I was with another broker and they called me to come here but seeing so many nefarious comments I am thinking a lot to do it since where I come from I lost a lot of money and to continue with the same time
Hi Luis, indeed, we do not recommend investing with CMS Trader, can you name us the broker you mention, with whom you previously lost money?
A greeting.
Hello, my name is David Sanchez, my name is the same as the CMS scammer, I was also deceived, I lost half of my savings, he even told me to go and ask for a loan from the bank, less badly they warned me from the CMS affected platform otherwise I would have lost everything
Hello David, thank you very much for sharing your opinion with us, greetings.
This broker is a total scam, this Mr. David Sanchez is a real scammer, the company allows it and he knows in fact it must be his job, TOTAL SCAM
Hello Carina, thank you very much for sharing your opinion about the broker with us, could you expand a little more information about your experience with CMS Trader? All the best
Hello to all the colleagues, keep in mind that today they have called me from CMSTRADER, specifically Mr. David, he has told me to look for something else as a hobby, thanks to the recommended brokers for being able to put TRUE comments (I have evidence) on man who writes above who calls himself Jorge THEY ARE THEMSELVES !!! TITLE: running an international scam: DO NOT FORGET IT and communicate at all levels the theft that “CMS TRADER” is committing, Thank you.
627445566
Now you only need to call the fire brigade, the nuns and the clergy ... if I buy a coupon and it does not touch me, I will not make this noise, if I operate my account and lose everything, then on top of that I do not claim my lost money .
Do like me, that they operate like me, you will make a profit, you can as I make withdraw money when I want and without problem, but if you do it and lose, then do not claim.
ATTENTION !!! ATTENTION !!! You have to communicate the following to the police, the government, the treasury and Interpol: EXECUTING A WORLDWIDE SCAM.
I have not been scammed, I HAVE BEEN STOLEN !!! , I HAVE BEEN DECEIVED, 05/06/2017 they stole my password and all the money, I have proof, I have been calling for several months to get my money back, in the end you were right (BROKER RECOMMENDED) JOIN ME AND LET US DISCLOSE THIS TO ALL LEVELS, If you want to delve into the history, please call me at 627445566, PARADISE PAPER's? Nothing compared to this. More info call me. I accept an interview from any medium, be it NEWSPAPER, television, news researcher, broker magazines, etc. etc. DAVID SÁNCHEZ (partner?) You have screwed up to the bottom.
Hello Sergio, thank you very much for sharing your experience with us, greetings.