“Experience is not required!” – this is exactly what the CMSTrader company says, attracting newcomers to its trading platform. The broker invites you to training, during which you can master all the trading instruments. According to the brand’s representatives, literally everyone can make money on the global market. Is their statement consistent with reality? The reader will find out the answer to this question in today’s article!
What is known about CMSTrader: company overview
On the official website of the broker, you can read the categorical statements about world leadership. The broker promises to provide quality training and professional support. At https://www.cmstrader.com, the company publishes thoughtful slogans that attract customers and facilitate their registration in the system. Big words about the amazing quality of services, absolute safety and impeccable reputation can really be misleading. Therefore, a trader should pay attention exclusively to real facts.
The site of this broker has a good structure, and at first glance it inspires confidence. The resource consists of several pages and provides extensive information about itself. On the main page, the reader can get acquainted with statistical data that are not related to reality. This technique is often used by scammers who want to mislead people.
Apparently, the company has been providing services since 2013. The date can be easily tracked by the registration of the CMSTrader domain. The official website has been functioning for a long time, but the broker still hides the real information about the management and other important aspects. For many years of work on the world market, the company has repeatedly changed its legal addresses. Frequent moves suggest that there is no real office.
Commercial offers from a broker
The official website is mostly filled with empty promises that are of no value to a CMSTrader client. The company is throwing dust in the eyes, touting its services, pointing to vast experience and absolute leadership. The site is translated into several languages, including Russian. In this case, there are obvious flaws, errors in the text, English (not translated) words.
CMSTrader clients are invited to start on one of 3 trading accounts:
Micro – allows exchange trading after $ 500 deposit. The client can count on the basic terms of cooperation. He has access to a leverage ratio of 1: 200, a stop out of 10% and analytical materials from the firm’s representatives.
Standard is a tariff for wealthier players. It provides for a start from 10,000 US dollars. In addition to the advantages of the previous account, the client receives advice from an account manager, daily analytics, credit cards and the ability to replenish a deposit in euros.
CMS account is intended for professional investors. It provides access to any broker’s services. The client is promised a high quality of service, flexible leverage up to a ratio of 1: 200.
The broker offers his client to receive a paid debit card. The Reseller is proud to showcase this new withdrawal method, highlighting its many benefits. Before making a deposit, the trader must determine if the payouts are actually being made or if they are just promises from CMSTrader. Reviews will help to find out the truth, to distinguish a beautiful fairy tale from the truth.
Is CMSTrader a scam?
Analyzing reviews on the network, you can come to an unequivocal opinion about the fraudulent activities of this office. The firm does not care about its reputation at all, leaving the client with a zero deposit and a bitter experience. Traders warn colleagues that the company is engaged in questionable activities.
The withdrawal of earnings is not made even after the submission of relevant requests. The client is fed “breakfast”, giving empty promises instead of real money.
Many market players believe that they lost their money through the fault of CMSTrader. The exchange that this company is talking about turns out to be a dummy. The large-scale Forex kitchen has continued its criminal activity for several years. At the moment, you can find a lot of negative comments about her, which confirms the fact of illegal activity.
