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  1. #1
    Join Date
    Aug 2007
    Location
    South Jersey
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    1

    Default Anyone use CMS-Forex? Are they a decent Broker? I'm new to trading the Forex, Thanks

    I never traded currencies before and I was thinking of going with CMS-Forex as my Broker, I would appreciate it if anybody knows if there a good broker or not? Or what brokers might be good for someone just starting out in Forex trading? Thanks.

  2. #2
    singaporefx's Avatar
    singaporefx is offline Newbie
    Join Date
    Feb 2007
    Location
    sin ga pore
    Posts
    31
    i am trading with mf global.

    as far as i am concern,

    they provide daily sms news, email

    and they offer me fine spread

    should u need further details

    i am happy to share with you

    pls email me to sooyongliang@yahoo.com

    GOOD LUCK

  3. #3
    philipwa is offline Senior Member
    Join Date
    Jun 2007
    Posts
    131
    If you are new in forex, you should do micro lot trading as well in beginning.
    I dont know if CMS forex is offering micro lot trading.
    You can trade with STIFX the current broker i am using, there site is www.stifxonline.com there you can trade Oil, Gold, Silver and various other currency pairs. They are offering fixed and tight spreads as well micro lot trading, which is equivalent beneficial for new traders to learn and trade.

  4. #4
    superwin is offline Newbie
    Join Date
    Jul 2007
    Posts
    8
    i read alot of review about CMS and it all pointed negative I like them for their VT System but it buggy and it have crash on me before. Not so good when you trade live. Thank goodness it only a demo account.

    Lot of people said they manipulate trade causing them to loose money. And they have constant connection loss and poor customer service.

    Read the user comment here:

    Currency Secrets » Blog Archive » CMS Forex Review
    CMS Reviews | CMS Ratings | Forex Trading Broker

    So i highly recommend doing research before opening one. That what im doing now and it look like Oanda is the choice so far.

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