Score

1.56 /10
Danger

CMSTrader

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.36

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

CH FINMA
2021-01-28

Warning

SG MAS
2017-05-11

Broker Information

More

Company Name

Safe Side Trading LTD

Company Abbreviation

CMSTrader

Platform registered country and region

United Kingdom

Company website

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Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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User Reviews

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User comment

4

Comments

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FX1225355498
more than one year
Trading costs are too high, and Mini accounts require at least $500. The spread of the EURUSD currency pair is as high as 3 pips, while the average spread in the industry is only about 1.5 pips.
Trading costs are too high, and Mini accounts require at least $500. The spread of the EURUSD currency pair is as high as 3 pips, while the average spread in the industry is only about 1.5 pips.
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2023-02-20 14:03
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FX1100093040
more than one year
No tengo ni una brizna de ganas de operar con CMSTRADER... No ofrece la plataforma MT4, requiere un umbral demasiado alto de depósito mínimo, cobra spreads altos y no tiene NINGUNA regulación.... Todo lo contrario de un broker atrctivo!
No tengo ni una brizna de ganas de operar con CMSTRADER... No ofrece la plataforma MT4, requiere un umbral demasiado alto de depósito mínimo, cobra spreads altos y no tiene NINGUNA regulación.... Todo lo contrario de un broker atrctivo!
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2022-12-06 10:29
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