Capital Market Solutions LLC, CMS Services Ltd., CMS Securities ltd. Mauritius, Capital Market Solu
Founded in 2004
Online since 2004
United Arab Emirates Central Bank
Today, we're going to dive in to take a close look at the CMS Prime, a forex broker that has been in the game since 2004. With a strong reputation, impressive features and a focus on educating their traders - there is a lot to unpack on this platform.
CMS Prime is part of Capital Market Solutions LLC, CMS Services Ltd., CMS Securities Ltd. Mauritius, and Capital Market Solutions. Established in 2004, they have been online and operating for over a decade and a half. However, it's worth noting upfront, if you're a US-based trader, this platform isn't accessible.
When it comes to trading conditions, CMS Prime performs well. Firstly, the minimum account size stands at an accessible $500. This makes the platform open to diversity in terms of the financial portfolio of the traders. However, the company maintains control over risks with minimum position size being 0.01.
Another core component to consider in trading conditions is spread, and CMS Prime offers low spread, which is an absolute win for the traders. In addition to this, the maximum leverage is set at an undisclosed figure (recybfPUJkrhdLzKD) that traders should consider based on their risk appetite and trading style.
One of the highlights of CMS Prime is the variety of features they offer. There is access to free education - a huge advantage for newbie traders and those looking to continue enhancing their knowledge on the platform. And in terms of account benefits, they cover managed accounts, segregated accounts, personal manager services. Plus, traders get to enjoy bonuses - a favourite feature for most.
A top priority for any trader is knowing if the chosen brokerage follows the guidelines and compliances. CMS Prime is a 'yes' for serious regulations - giving their clients the peace of mind and trust needed to trade on the platform.
Given the average broker rating, CMS Prime holds a decent position in the trader's radar. However, you'd expect nothing less from a broker that has kept its services online since 2004 and continued updating its features over the years.
While CMS Prime comes with an amazing suite of benefits, it's a no-go for US traders. Nevertheless, for those who fit the bill, CMS Prime is a strong candidate worth considering for your trading portfolio.
Whether you are a beginner or an experienced trader, remember, choosing a broker is a significant decision - so make sure you've got all the essential information in hand, like we've provided here for CMS Prime. Ready to trade? Make your move.
As always, we at DayFunded wish you every success in your trading journey!
CMS Prime's platform is decent, but the spreads are on the higher side. The customer service is good, though.
TomS
London, UK
CMS Prime offers a wide range of trading instruments, but the platform tends to lag occasionally. Customer service is decent.
HelenR
London, UK