14 reviews of CMS Forex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
No doubt many people will continue to be loser in life as they completely oblivion of their mistakes and greattest enemy-ego and emotion. I'm forced to write this review to tell people that most of reviewers comments are non-sensical and deserve no attention at all. I opened account with CMS last year during their launch of VT platform with no-deposit bonus of $50. Ofcourse some of my friend I told also got the money but blew it up. I started trading this account and within one month almost double it. By the following month NFA came with a certain rule that necesitate them to either transfer your account to CMS UK or remain with them at US. I opted to be transfered to UK. But mark you, despite the fact I've deposited no single dollar they sent a letter to me in Nigeria,also notified thru email and at the last call me. What a excellent broker!. After that I continued with UK and my balance was up to $210 at the third month without depositing any money. Then they decided to scrap their retail client they move us to Forex.com. I wanted to continue with forex.com but they decline saying their policy doesnt allow client from Nigeria. Then I requested for withdrawal and the gain and bonus totalling $210 was sent to my acct. I've evidence to show or proof anyone of all these statement have said. I want to tell people that CMS was an honest broker though I'm currently not trading with them. I write this review because it will be gross injustice from me to CMS to keep silent without telling the world about this. My friend lost their entire bonus by shorting EURUSD and mkt turn and remaining bullish for following months wiping the entire bonus. Would he blame the broker like some did above or himself?
Good platform, but they stole my money. I lost money for doing nothing.
Stay away from them
Iam wainting on withdrawal one month - it is very long.
I like them overall but their outagaes are getting ridiculous now...its like every other week their server is going down
I have had an account with CMS Forex for some time. Their cust service is average. The VT Trader 2 platform is exceptional....head and shoulders above the rest, and I have tried many. A negative would be they need more reliable server/power system. They seem honest so far. Happy Trading.
I NEVER HAVE SEEN TERRIBLE SERVCE LIKE THIS COMPANY
STILL I AM DOING TRAED WITH THEM SINCE 2 YEARS
I WILL LEAVE SOON WHEN I GOT MONEY BACK FROM THEM WHAT I SPEND FOR A WHILE
They are very bad!
Impossible to work in \\\\\\\"hot hours\\\\\\\", Very, very bad order execution.
Very bad service!
They are good!
The thing I was talking about in my previous post here is gone now! ("Impossible to work in "hot hours"). Very, very fast order execution at any time.
I've been trading with them for more than 8 months now, and the service is only getting better, the 2.0 version of their trading platform is much more convenient than any other of the ~20 trading platforms I've tried. Their free Trading Power Course is amazing, too.
They have also lowered their leverage to 1:100, which definitely says they are not 'just another forex broker'. Very good service!
I trade with them regularly - good service, seems like no stop-loss collection. Mickey, I don't clearly understand the sentence "Anytime a protection is remove, they jump against you!". If you mean when you remove stops, then it's most probably market jumping against you. I always put stops/limits and never have any problems. I had a couple of cases when the price was 1-2 pips from my stop-loss level, and returned back (if they were collecting stops, they would definitely use the chance, but they did not).
Stay Away! You will lose all your money! Always manipulating their platform against you. Anytime a protection is remove, they jump against you! Keep your money, save your frustration... don't trade with them!
I joined that company few months ago , their customer service is good , but their trading system VT Trader connection drop every 3 minutes , They recently published MetaTrader4 but its used margin is high in compared with other company , so they need developing their system .
+ An exceptionally good trading platform - VT Trader.
+ Support team responds quickly.
+ Chart trading.
+ No "hidden" payments - everything is very clear.
- Impossible to work in "hot hours" (I think there is nothing horrible though - lots of people work with them, it's just that sometimes Buy/Sell order take >15 seconds to be executed. I would say they need more servers).
I have never seen such a horrible service! Sorry, guys, but when you say you will update my account balance - you should probably do that (it's now >8 days since you promised), and when you say you will resolve a small server problem in 2 hours - it should not take 3 days (promised twice, but the issue is still unsolved). The worst service I've ever seen, sorry... I'll have to find something else now.
It is horrible... Sell/Buy order take ages to execute... I am more than dissatisfied with their service...