CMS Forex is a Forex broker that was acquired by Gain Capital, the company linked to Forex.com, back in 2010. CMS Forex was one of the largest Forex brokers in the financial circles. Today CMSFX no longer works as separate forex broker and the website links all the information back to forex.com website.
Broker in review: CMS Forex
Established in 1999
Location: USA, UK
USA clients: yes
Regulation: FCA (UK), CFTC
Note: Today CMS Forex serves as a registered Introducing Broker to Gain Capital Group LLC for a select set of customers.
Currency pairs: 50
Trading platforms: VT Trader, MetaTrader 4
Please Note: CMS Forex no longer provides support for VT Trader. By downloading and utilizing the software you agree that you are using the software AS IS. Clients experiencing issues trading using VT Trader should log into their accounts using Forex.com's ForexTrader platform or contact Gain Capital - Forex.com for assistance.
Spreads: start from 2.1 pips
Limit orders: yes
Stop loss: yes
Trailing stop: yes
Pending orders: yes
One cancels other orders: yes
One click trading: yes
Automated trading: available
Maximum leverage: 50:1
Account base currency: USD, EUR, AUD, NZD, CAD, GBP, CHF, JPY.
Payment Methods: credit cards, wire transfer
Extra fees: deposit and withdrawal fees for wire transfer is $15
Segregated accounts for client funds: yes
Minimum deposit requirement: $250
Technical indicators: 110+
Expert Advisors (EAs): allowed
Backtest features: yes
Educational resources: basic trading lessons and market analysis
Customer Support: email, online chat, phone