Home » Broker Reviews » CMS Forex UK
CMS Forex UK
| Company | ||
|---|---|---|
| Name of the Broker |  CMS Forex UK | - |
| Broker | ||
| Accounts | ||
| Demo account link | Demo Account | - |
| Live account link | Live Account | - |
| Ratings | ||
| Overall Rating | 7 | - |
| Safety of funds | 6 | - |
| Software ease of use | 7 | - |
| Tools and resources | 7 | - |
| Set-up process | 6 | - |
| Customer support | 6 | - |
| Timeliness of application | 6 | - |
| Funding options | 6 | - |
| General | ||
| Dealing desk/NDD | NDD | - |
| Minimum account size | 200 | - |
| Max leverage | 400:01 | - |
| Application processing time | 2 Business Days | - |
| Fixed spreads |  | - |
| Fractional pips | | - |
| Automated trading |  | - |
| Offer options | | - |
| News and Charts | ||
| Free charts | | - |
| Free charts with broker feed | | - |
| Premium charts w/feed | | - |
| Trading off charts | | - |
| News | | - |
| Economic calendar | | - |
| Applications and Usability | ||
| Integrated charts | | - |
| Integrated news | | - |
| Margin watcher | | - |
| Trailing stops | | - |
| Web based application | | - |
| Downloadable application | | - |
| MT4 available | | - |
| Training video available | | - |
| Usability of software (1=poor, 5=very good) | | - |
| Courses and Webinars | ||
| Free training signals | | - |
| Webinars | | - |
| Beginner course | | - |
| Intermediate course | | - |
| Advanced course | | - |
| Help and Support | ||
| Phone Support | 44 (0)20 3026 4019 or 08008456997 | - |
| Live Chat | Live Chat | - |
| Email support | Email Support | - |
| Other Details | ||
| CFTC/NFA member | | - |
| FSA (London) | | - |
| Other (by whom) | - | |
| Segregated account available | | - |
| Segregated account standard | | - |
| Client funds held separate from operating funds | | - |
| Balance sheet available | | - |
| NFA member page |  | - |
Overview of Capital Market Services UK, LLC (CMS Forex UK)
CMS Forex UK is one of the industry leaders in the forex market. They have 24 hour customer support, up to 400:1 margin and give their traders the ability to hedge. What really sets them apart is that they are one of the few forex brokers that provide interest on unused margin and they offer fixed spreads.
CMS offers currency trading using the VT Trader platform. In addition, CMS Forex UK features exclusive daily commentary from Hans Nilsson, as well as daily video recaps on the Forex market. The Forex capsule is a dynamic economic calendar with insights on fundamental indicators. Webinars are also available every week and sessions are recorded. The minimum account size is $200 minimum deposit, and maximum leverage is 400:1.
Most Popular Features at CMSFX UK
Major selling points for CMS Forex UK including providing interest on unused funds. Another very popular feature are their trading rebates. They also offer a 1 pip rebate for every 5 lot trade of at least 100k. They also offered a fixed 2 pip spread on the EUR/USD which is fairly unique. They also allow hedging. Their Forex Capsule tool also lets you see very clearly how fundamentals can affect the market on a chart. They also provide daily video recaps.
Educational Products at CMSForex UK
They have several technical analysis videos to help new traders understand various technicals. Their online course can be accessed without having to sign up for anything and is completely free. They also provide free webinars that range in topics from how to use their software, VT Trader, to understanding Elliot Waves.
CMS FX UK Spreads
Spreads at CMSFX UK are fixed and are as low as 2 pips. With their trading rebates of 1 pip rebated for every 5 trades of at least 1 standard lot, net spreads are even tigher.
Trading Tools
CMS offer customizable forex charts, as well as a pip calculator and currency calculator. CMS Forex offers over 100 technical indicators, streaming Dow Jones news, and integrated chart pattern recognition technology, on the advanced VT Trader platform, or traders can use their own automated trading systems, Expert Advisors, on the popular MetaTrader 4 platform. Mobile and web-based version of CMS’s proprietary trading software provides traders with access to their trading account regardless of location, whether they use PC, Mac, or cellular device
Regulation
CMS FX is an NFA member and registered with the CFTC. Their member page is located here.
Miscellaneous
- Headquarters: 80 Cannon Street, 3rd Floor, London, EC4N 6HL.
- Country: United Kingdom
- Phone: +44 (0)20 3026 4019
- Fax: +44 (0) 20 3070 0400
- E-mail: fxstreet@cmsfx.com
- FreePhone: 08008456997
- Languages: English, Chinese, Spanish, Japanese, Arabic, Cantonese, French, German, Mandarin, Russian
- Platform: VT Trader™ 2.0, CMS MetaTrader 4
