CMSTrader Demo Account Review
- Name :CMSTrader
- Website : cmstrader.com
- Established :2013
- Regulation :FSP
- Country :United Kingdom
- U.S. Clients Allowed :No
CMS Trader is a Forex broker which was released onto the market in early 2017. It was founded by a number of professional traders. they offer over 50 Tradable assest
they have recently added for this also the cryptocurrencies to their offering ., and now you are able to trade Bitcoin, Ethereum, Litecoin and i am sure more are to follow
You can choose from a variety of trading platforms. The minimum requirement to open account. ECN type is available if you plan to trade with a minimum of $500. in my opinion even $500 is not enough for an ECN account but with this broker you can.
Otherwise, you can open your standard Trading account with just 250 dollars and start trading online.
CMSTrader Demo Account
CMS Trader has developed a simple structure trading environment where everyone can trade without to much hassle.
this is a good demo account for another trading platform besides the all known metatrader 4 . On this trading platform which is the Sirix Platform ( more about that later) you will be able to trade through their web interface on a very intuitive trading platform made for an improved trading experience.
This platform besides the regular charting and features that most offer also has a basic social Trading module which sallow new traders to see the overall trend among the traders, this is useful for anyone that wants to start trading and makes this demo account even more valuable,
you receive a $10,000 virtual Money account that is open for a whole month for you to understand
- if this is the right broker for you
- if this is the right trading platform for you.
- The quality of the brokerage
- the trading conditions and trading environment.
besides the CMSTrader Demo Account one of the most important services is the free Trading Signals Service.
When you trade with Cms trader you will receive daily recommendations on the major currency pairs, also you can receive recommendations on commodities, stocks and indices by email or a text Message.
this is a highly regarded service and flagship feature of this Brokerage.
Trading Education
There is nothing better than a Forex trading and crypto trading tool offering continuous opportunities for one to expand his or her investment knowledge and skills. CMSTrader broker’s education center offers exactly this.
as an account holder you have unlimited access to their complete educational materials. These consist out of diverse courses ,tutorials , videos and daily market news and analysis
CMSTrader Account Types
There are three main CMSTrader account types
Traders are allowed to choose the the account type that they think would be best for them .
Mini Account Type:
- initial investment of $500
- leverage of 1:200,
- a minimum trading volume of 0.10.
- Hedging is allowed
- daily market signals
- spread is fixed.
Silver Account Type:
- The minimum deposit $10,000 a
- 1:200, 1:300, 1:400 leverage,
- daily market reviews,
- a Personal Account Manager,
- Financial and Risk Management Plan,
- Personal Invitation to VIP events.
- Hedging is allowed
- daily market signals
- spread is fixed.
Gold Account Type:
- minimum deposit – $50,000.
- Monthly Performance Report,
- the spread could be fixed or variable,
- Special Ventures,
- the ability to carry out expedited withdrawals.
- 1:200, 1:300, 1:400 leverage,
- daily market reviews,
- a Personal Account Manager,
- Financial and Risk Management Plan,
- Personal Invitation to VIP events.
- Hedging is allowed
- daily market signals
Besides these account they offer also and Islamic Account
The account was designed according to the Sharia law.
CMSTrader Trading Platforms
Traders at CMSTrader are able to trade on the Sirix Web Trader, Sirix Mobile Trader and Sirix Station.
Sirix Web Trader: This is the best trading platforms offered by CMSTrader It can easily be accessed by anyone regardless of the type of account used. the Platform is very easy to understand and shoudl allow traders to start trading within no time.
Sirix Mobile Trader: CMSTraders trade-on-the-go platform. since more and more people want to be able to trade regardless where they are , Sirix Mobile Trader is the answer.
Perfect for those traders that also use the CMSTrader Signals This platform needs to be downloaded and installed on mobile devices.
Sirix Station: This is the only trading platform at CMSTrader thats available on immediate and advanced accounts (Silver and Gold).
This platform has to be downloaded and installed on the PC.
CMSTrader Customer Support
Their multi-lingual support team represents reliable financial and technological assistance to their clients 24 hours a day and 6 days per week for any trading issue they face.
Each of the staff members undergoes professional training by industry professionals. they have the right knowledge to help you along and if you are gold or silver you have your personal account manager to to handle your affairs in relation to CMStrader.
Conclusion
The CMSTrader Demo Account is viable option. for those that want to trade on a demo accout , especially if you look for an alternative to the metatrader 4 brokers.
Their platform offers a wide array of training features and is very highly regarded for providing stable trading results.
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