Note: The following information has not been updated by the vendor since 01/15/10.
Address: | 350 Fifth Avenue, Suite 6400 |
New York, NY 10118 | |
Phone # for sales: | 212 563 2100 x 622 |
Additional Phone #: | 212 563 2100 x 600 |
Fax: | 212 563 4994 |
Website: | www.cmsfx.com |
Click link to request additional product information. | |
E-mail address: | info@cmsfx.com |
General Information | Account Information | Features | Additional Comments
General Information TOP |
Brokerage name: CMS Forex |
Minimum account size: < $1000 |
Base commission rates: < $4 |
Brief explanation of margin rates, if applicable: There are three different leveraging options. OPTION 1 (default): # of Standard Lots Margin Req. per 100K Lot* (USD) 0 - 3 $250 3.1 - 10 $500 10.1 - 50 $1,000 50.1 & up $2,500 OPTION 2: # of Standard Lots Margin Req. per 100K Lot* (USD) 0 - 50 $1,000 50.1 & up $2,500 OPTION 3: Flat $2,500 margin requirement per Round Turn 100K Lot.* *Note: Margin is 1/10 of the stated values for 10K mini-lots. |
This brokerage has been in business for: 5-10 years |
Primary type of broker: Forex |
Brief description of services offered: Since its founding in 1999, CMS has striven to serve the emerging retail segment of the Forex community. Through a staunch commitment to technological innovation, fair dealing practices and excellence in customer service, CMS has become a major force in today's Forex landscape. |
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Types of trading accounts offered:
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Customers online account information is updated: Up to the minute |
Types of trades offerered:
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Other trade types: N/A |
Types of quotes offered to customers: N/A |
Execution methods offered:
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Exchanges covered: N/A |
Setup or initial costs to set up an account: 0 |
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Types of services offered to customers:
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Ways customers can access their trading account:
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Allow stop, limit, and stop limit orders? Yes |
Charge extra for stop, limit, and stop limit orders: No |
Offer 24 hour customer support: Yes |
Offer tax planning advice: No |
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Special features included in the service are: Free VTtrader platform, free daily/weekly/monthly commentary/analysis, interest on unused margin, rebates for large volume trades |
This broker's service is better than the competition in these areas: Trading platform, Customer service, Fair dealing practices |
Types of security precautions taken for customers: Rigorous compliance procedures (NFA/CFTC regulated), Client data backed-up regularly |
Communications during systems failures has been assured through: Redundancy in telephone and internect connectivity |
The major plans for upgrading the current level of trading service are as follows: CMS constantly updates its systems, trains its personnel, and improves its software. |
General Information | Account Information | Features | Additional Comments
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