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CMS Prime

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7.2
(17 Reviews)

Founded: 2004 Min Deposit: 1000 USD

Headquarters: Limassol, Cyprus Max Lev: 1 : 500

Risk Level I

CMS Prime claims its regulation by VFSC & MFSC, but there're no confirmation about its website.

Score
Business Scope
0.0
Trading Cost
6.8
Trading Platforms
7.3
Support
7.4
Licence Status
Mauritius FSC GB19024331
VFSC 40437
SVG FSA 24495-IBC-2018
Authorised
Authorised
Registered
Contact
+971 44474712
Support@cmsprime.com
https://cmsprime.com/
Related Complaints Reviews

Related Complaints

Q&A

Hello, do you have any deposit info about CMS?

Albert
Indonesia
2022-07-05
ANSWER CMS Prime is a brand of CMS Group, a group that has subsidies authorized and regualted by multiple regulatory bodies.Capital Market SolutionsInc is registered in the Saint Vincent and the Grenadines Financial Service Authority (SVG FSA) and the Vanuatu Financial Services Commission (VFSC) with the number: 40437.CMS Securities Ltd is regulated by the Mauritius Financial Services Commission (Mauritius FSC).Although this broker is registered and regulated by the above regulatory bodies. But please be informed that SVG FSA does not regulate entities that offer forex activities. Besides, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax, or inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. As for the regulation in Mauritius FSC. As this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name CMS Securities Ltd. We would recommend exercising caution when dealing with this entity.
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Overall Score

7.2
17 Reviews

Cost 6.8

Platforms 7.3

Deposit & Withdrawal 7.4

Customer Support 7.4

Indicates the average level of Brokers

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17 Reviews Clear filter

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Rizwan
7-12 months ECN Account United Arab Emirates
Great Customer Support, Easy access to Platform, User Friendly Wallet, Smooth Deposit and Withdrawal.
2024-06-28
Reply
Ahmed
Over 3 years ECN Account United Arab Emirates
Best broker if you want STP model trades
2024-06-28
Reply
linda
0-6 months Singapore
Hii i am trading this broker last year. their excutions too bad, they cheating when u trading. Beware this broker.
2024-06-11
Reply
Terri
0-6 months ECN Account United Arab Emirates
I'm very happy with my broker, CMS Prime. Fast, great relationship managers and peace of mind as they've been operational for over 20 years.
2023-12-06
Reply
Frad official
Kuwait
I am very happy with all support and platform. Highly recommended
2023-12-06
Reply
Golbarg Maboudian
7-12 months ECN Account United Arab Emirates
بسیار عالی و امنیت بالا
2023-12-06
Reply
Shanim Mohamed
1-3 years ECN Account United Arab Emirates
Excellent service & reliable platform
2023-12-06
Reply
Fateme Amini
United Arab Emirates
Support contacted me in less than a minute, friendly helped me to open account and deposit
2023-12-06
Reply
Faisal Arain
United Arab Emirates
Overall CMS prime services are good there customer support is really amazing and active
2023-12-06
Reply
Mustaf Alkomy
1-3 years United Arab Emirates
easy deposite easy withdrawal and easy access to different financial markets but unfortunately no Emirate market
2023-12-06
Reply

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.