Score

5.10 /10
Average

CMS Financial

United States

1-2 years

Regulated in United Arab Emirates

Retail Forex License

Suspicious Scope of Business

Medium potential risk

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Score

Regulatory Index4.62

Business Index4.88

Risk Management Index8.90

Software Index4.16

License Index4.62

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Warning

AE SCA
2021-02-22

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CMS Financial · Company summary
CMS Financial Review Summary
Founded1999
Registered Country/RegionUnited States
RegulationSecurities and Commodities Authority
Market InstrumentsForex, commodities, indices, and stock CFDs
Demo AccountYes
LeverageUp to 1:100
SpreadStarting from 0.0 pips
Trading PlatformMT5
Min Deposit$5,000
Customer Supportsupport@cmsfinancial.ae
+971 (4) 44 74 712

CMS Financial Information

CMS Financial is an online trading platform offering over 200 trading assets including Forex, commodities, indices, and stock CFDs. Regulated by the Securities and Commodities Authority, it offers three account types with no commissions, high leverage up to 1:100, and competitive spreads as low as 0 pips through MT5. However, it requires a high minimum deposit of $5,000.

CMS Financial Information

Pros and Cons

ProsCons
  • Supports Meta Trader 5
  • A high minimum deposit of $5,000
  • Regulated by the Securities and Commodities Authority
  • Limited information on withdrawal
  • Offers 200+ assets to trade
  • No commissions

Is CMS Financial Legit?

CMS Financial has a Retail Forex License regulated by the Securities and Commodities Authority in the United Arab Emirates with a license number of 20200000144.

Regulatory StatusRegulated
Regulated bySecurities and Commodities Authority
Licensed InstitutionCMS Financial LLC
Licensed TypeRetail Forex License
Licensed Number20200000144
Is CMS Financial Legit?

What Can I Trade on CMS Financial?

CMS Financial offers 200+ tradable assets including Forex, commodities, indices, and stock CFDs.

Tradable InstrumentsSupported
Forex
Commodities
Stock
Indices
Cryptocurrency
Shares
Metals
What Can I Trade on CMS Financial?

Account Type

CMS Financial offers three types of accounts: Standard, VIP Account, and Islamic Account. You can refer to the table for details.

Account TypeMinimum Deposit (USD)Swap FeeCommissionStop Out LevelMinimum Trade SizeTrade Size Increment
Standard5,000Yes*No30%0.01 lot0.01
VIP Account10,000Yes*No30%0.01 lot0.01
Islamic Account5,000NoNo30%0.01 lot0.01
Account Type

CMS Financial Fees

CMS Financial offers spreads starting from 0.0 pips. It charges no commissions for all accounts.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

CMS Financial requires a minimum deposit of $5,000 with no commissions.

User Reviews

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FX1699104682
more than one year
Flexibility and availability of unlimited leverage amongst other things. but I don't like the lack of negative account protection.
Flexibility and availability of unlimited leverage amongst other things. but I don't like the lack of negative account protection.
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2024-06-27 11:58
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mkl
more than one year
The live chat was so great , with immediate response and straight answers.
The live chat was so great , with immediate response and straight answers.
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2024-04-17 14:00
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