CMS Prime Review
CMS Prime is an STP/ECN trading broker that provides the intuitive MetaTrader trading platforms for trading over 200 financial instruments across different asset classes, including forex, indices, CFDs, and more. Traders benefit from a range of competitive trading conditions, including reasonable trade execution without dealing desk intervention, leverage of up to 1:400, tight spreads, and no commission on trades.
CMS Prime Review, Pros & Cons
- Advanced trading platforms
- Over 200 trading products
- Educational resources
- Unregulated brokerage
- Minimum $1,000 deposit
- Limited deposit & withdrawal methods
- No daily market analysis
- No social trading platform integration
- No USA clients
In this detailed CMS Prime review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
CMS Prime Overview
CMS Prime is a forex broker that delivers trading solutions to traders from over 100 countries across the globe. They provide traders with sophisticated yet user-friendly trading platforms to enable them to trade several financial markets. They offer commission-free accounts with a required minimum deposit of $1,000 and tight spreads. Traders are also provided with a range of trading and learning tools, while a 24/5 customer support team is on hand to assist traders.
CMS Prime Regulation
CMS Prime is a brand of Capital Markets solutions. However, there is no regulatory information on the broker’s website at the moment.
CMS Prime Countries
The broker offers its services to traders from over 100 countries wherein the use of its services would not contradict any local law or regulation.
Some CMS Prime features and products mentioned within this CMS Prime review may not be available to traders from certain countries because of legal restrictions.
CMS Prime Platforms
CMS Prime provides traders with the intuitive MT4 and MT5 trading platforms. MT4 is designed to suit beginners and experienced traders with its intuitive and user-friendly interface and straightforward access to the most dynamic financial markets.
MT5 is a comprehensive institutional multi-asset platform that was developed to succeed in the MT4. It offers improved trading possibilities and technical analysis tools, thus enabling the use of copy trading and automated trading systems.
Both the MT4 and MT5 trading platforms are available as a desktop application for windows and Mac computers, WebTrader that runs directly on most modern web browsers, and mobile apps that are designed for Android and iOS devices. There is also the Multi-Terminal platform that enables traders to manage multiple accounts on one account.
CMS Prime Trading Tools
The broker provides traders with some useful trading tools such as a daily/weekly/monthly Analysis Reports and an Economic Calendar.
CMS Prime Education
Traders get to enjoy access to a selection of educational resources, including trading articles and news feeds that are in place to help them make informed trading decisions.
CMS Prime Instruments
The following trading instruments are available at CMS Prime: forex, indices, and CFDs.
CMS Prime Accounts & Fees
Traders are offered multiple trading account options to meet their trading objectives. The account options are the Individual Account and the Corporate Account. There is also a demo account for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this CMS Prime review. It is imperative to ensure that you check and understand all of the latest information before you open a CMS Prime broker account for online trading.
CMS Prime Support
The broker offers a knowledgeable client support team that is available to give quick responses to clients’ inquiries via telephone, email, Live Chat, and social media.
CMS Prime Deposit & Withdrawal
The broker processes deposits and withdrawal requests via the following payment methods: Bank wire transfer, Credit/Debit cards, E-payments
CMS Prime Account Opening
To open an account, click on the ‘Quick Registration’ button and fill out the form accurately and also check the dialogue boxes, and then submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
CMS Prime Summary
CMS Prime is a regulated online trading broker that provides traders with innovative trading platforms to enable them to trade over 200 financial instruments online. Traders are also provided with useful trading tools, educational resources, and a client support team. There are multiple account types and payment methods to choose from.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.