CMSTrader Review 2021
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| CMSTrader offers multi-asset trading with fast payment speeds & useful features. | ||
CMSTrader is broker that gives traders access to Forex, CFDs, indices, shares, commodities, cryptocurrencies. Interestingly, CMSTrader supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
CMSTrader also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.
Please note that CMSTrader is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.
CMSTrader Summary
CMSTrader offers multi-asset trading with fast payment speeds & useful features.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | ✓ |
| Min. Deposit | $500 |
| Min. Trade | 0.01 lots |
| Regulated By | |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✓ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Trade online CFDs with 1:400 leverage.
| Leverage | 1:400 |
|---|---|
| FTSE Spread | €3.5 |
| GBPUSD Spread | from 4.0 |
| Oil Spread | €0.05 |
| Stocks Spread | from 0.01 |
Forex Trading
Trade FX with high leverage rates.
| GBPUSD Spread | 4 |
|---|---|
| EURUSD Spread | 3 |
| EURGBP Spread | 4 |
| Assets | 35+ |
Cryptocurrency Trading
Trade on a handful of cryptocurrencies.
| Spread | Variable |
|---|---|
| Coins | BTC, LTC, ETH, XRP |
Payment Methods
CMSTrader accepts the following payment methods:
- Skrill
- Giropay
- Neteller
- Credit Card
- Visa
- Cashu
FAQ
Is CMSTrader Safe?
In our review we gave CMSTrader a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that CMSTrader is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does CMSTrader Accept PayPal?
No, CMSTrader does not accept PayPal payments.
Is CMSTrader Halal?
Yes, CMSTrader does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does CMSTrader support?
CMSTrader only supports the MetaTrader 5 trading platform at this time.
Is CMSTrader Regulated?
No, unfortunately CMSTrader is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.
CMSTrader vs Other Brokers
If you want to compare CMSTrader with other brokers, use the detailed comparisons below.
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- Price Markets vs CMSTrader
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| CMSTrader offers multi-asset trading with fast payment speeds & useful features. | ||