✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

CMS Trader Feedback

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).

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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:

CMS Trader account types
Account types offered by CMS Trader

 

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.

CMSTrader website
CMSTrader website

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

FCA Warning Against CMS Trader
FCA Warning Against CMS Trader

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.

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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.
caution possible broker scam

 

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

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

51 comments on «CMS Trader: Rating and Comments»

  1. Tamara Reply

    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.

    • Recommended Brokers Reply

      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.

  2. jose Reply

    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

    • Recommended Brokers Reply

      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?

      All the best

  3. amy Reply

    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

    • Recommended Brokers Reply

      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.

  4. Luis Oswaldo Rojas Mora Reply

    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

    • Recommended Brokers Reply

      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.

  5. DAVID SANCHEZ Reply

    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

    • Recommended brokers Reply

      Hello David, thank you very much for sharing your opinion with us, greetings.

  6. CARINA Reply

    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

    • Recommended brokers Reply

      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

  7. SERGIO CUBAS Reply

    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

  8. George Reply

    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.

  9. SERGIO CUBAS Reply

    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.

    • Recommended brokers Reply

      Hello Sergio, thank you very much for sharing your experience with us, greetings.

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