✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
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/
Telephone: + 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.
[democracy id = ”17 ″]
We are conducting a vote on which is the best broker - You can vote and see the results here
Having seen the comments, I would invite you to withdraw your capital and so you can see how they are not clean wheat, the addresses they have on their website are false, the one in Madrid was taken after checking it, I even invite you to check what a network is like, If you are registered in CMS use your password and password to access LVERATE – TRADE12–12TRADE –all of them are connected, David Sanchez is the worst trickster, he will only ask for money and more money, he will send you the wasap every morning, good morning partner we are going to make money, there are other platforms do not waste your time and money on CMS there are already many cases of scam
Hello Jesus, thank you very much for sharing your experience with us, we understand that you were a CMS Trader client, right? Could you tell us a little more about your experience with the broker? All the best
My experience with cms trader has been to the correct date… it was recommended to me by a friend and in these 6 months I have to say that my money has risen as promised.
I imagine that when a company has many clients it is impossible to achieve excellence, much less in such a volatile market with so many variants ... it is also true that on the internet there are many troll with the intention of crushing, either out of boredom, or directly because they are commercially interested in doing it.
A greeting.
Hello Alberto, thank you very much for sharing your opinion with CMS Trader with us, greetings.
Good morning, I am stunned with some comments here exposed, such that I do not even know if there are two companies that are called CMS Trader, because the one I am in does not happen anything that is discussed here. I was in other brokers and I had to go with my tail between my legs, some for one thing and others for others, until they advised me about this company, they are making me earn money as I have never seen, the assigned analyst and the signals They are of an extraordinary quality, the analyst / client relationship must be taken into account since in other brokers it is almost non-existent, I have withdrawn money without problems and they have even offered me to work as an official affiliate partner of CMSTRADER and I am averaging it.
Good afternoon, it seems incredible to me, they must as advisable a platform or broker like this where, the addresses are false, they do not have any type of regulation, they cheat people once they can no longer get more money and above all this man for calling him in some way David Sanchez (if it is his name), without a total scam please at least say it because people can be trusted, I have been their client and I have even worked with them, they are white glove scammers do not put a euro
Hello DIDAC, thank you very much for your comment, we have proceeded to update the review, due to the number of comments with negative experiences and different emails received from CMS Trader clients, greetings.
David Sanchez will do to them like everyone else, wasap every morning that such a partner, is to sell the story of the mentor, which is also a lie, he will ask for money constantly, subjob is to get money from clients, when things go wrong they disappear
Hello Diego, we are very sorry to read about your experience, but we appreciate you sharing your comments with us, greetings.
David Sanchez is neither a broker nor a Madame but ask him for a copy of his title, obviously he will not give it to you because he does not want to show his face, it is a total scam
Hello Diego, thank you very much for sharing your opinion with us, can you expand your experience with CMS Trader a little more? All the best
Everything will go well for you until the moment you want to withdraw the money, that is where you will see the problem, apart you can see if you can prove it that with the same password and user you can access about 20 more platforms that work with sirix
Hello "MILONGA", thank you very much for sharing your experience with the broker with us, do you remember how you came to find them? All the best
It is a scam, be careful with your investments, the "managers" will try to leave you without a penny, SCAM
Hello Saul, thank you very much for your opinion about the CMS Trader broker, can you expand your experience a bit? All the best.
Hello Juan Salvador Aznal, thank you very much for sharing your experience with CMS Trader with us, greetings.
They have offered me to work with them, and looking for information, I have decided that I will not do it, from the outset they are registered in New Zealand, I have not yet seen any comment that they have had problems when withdrawing funds, but I have seen that there is a warning of the FCA regarding that they are providing services in the United Kingdom without authorization and I have searched the cnmv and they do not appear anywhere, before this I believe that there are many intermediaries to risk the money that costs so much to win in a dubious option.
regards
Hello Miguel, the truth is that your opinion seems quite correct, greetings.