Established in 2004, CMS Prime is an online trading broker that operates from Saint Vincent and the Grenadines. They operate the STP/ECN execution model and offer competitive trading conditions, including fast trade execution with no dealing desk intervention, leverage of up to 1:400, tight spreads, and zero commission fees on trades. The broker provides traders with the MT4 and MT5 trading platforms for trading about 200 financial assets, such as forex, indices, CFDs, and more. They also make available some useful trading tools and educational resources on its website. There is a 24/5 customer support team that is ready to assist traders at every point.
CMS Prime Review Introduction
In this CMS Prime review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CMS Prime.
CMS Prime Platforms & Tools
CMS Prime’s traders are given access to the MetaTrader 4 and MetaTrader 5 trading platforms. The MT4 trading platform offers unhindered access to even the most dynamic financial markets. It is packed with multiple trading tools for an enhanced trading experience. Similarly, the MT5 trading platform offers a lot of tools for analysing and trading the markets. MT5 was intended to succeed the MT4 trading platform, and it has all the features of the MT4 trading platform but with extended capabilities, including a built-in economic calendar, newsfeeds, more technical indicators and drawing tools, 9 chart types in 21 timeframes, and support for automation. Both platforms are available in the desktop, web, and mobile versions.
Traders also get to make use of some trading tools that are available on the broker’s website to help them get the best out of their trades. These tools include daily/weekly/monthly analysis reports, an economic calendar, and many others.
CMS Prime Research & Education
The broker’s website contains learning articles that help to improve clients’ trading skills and knowledge. There is also the news feeds section that keeps traders updated on the events taking place in the markets.
CMS Prime Trading Accounts
CMS Prime offers access to a live trading account that can be opened as an Individual or Corporate Account. There is also the demo account that is best suited for beginners who wish to try out the broker’s platforms and practice their trading strategies using virtual funds.
CMS Prime Account Funding
Traders are allowed to deposit and withdraw funds to and from their trading accounts via any of the following payment methods: bank wire transfer, credit/debit cards, and online payment processors.
CMS Prime Customer Service
The broker’s customer support team is available via telephone, email, Live Chat, and social media, to respond to clients’ trading inquiries.
CMS Prime Regulation
CMS Prime is a trading name of Capital Markets Solutions. But there is no regulatory information on the broker’s website at the moment.
CMS Prime Review Summary
CMS Prime is a retail trading broker that offers several trading instruments for trading on the MT4 and MT5 trading platforms. They provide traders with useful trading and learning tools and also offer a client support team to assist them. The minimum deposit required to operate a live trading account is $1,000, while leverage of up to 1:400 is available.
It is worth mentioning that some of the trading products and services in this CMS Prime review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the CMS Prime broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.