CMS Forex
8/23/2009
- Pros:
- None
- Cons:
- None
- Bottom Line:
- No, I would not recommend this to a friend
- Quote:
- I don't know what went wrong with CMS. In the early days they were great, and were probably the first to offer trading off the chart (?). During my first time around with them I liked the platform (looked as if I'd drawn it, but functionality was great!), loved the trailing stops, and absolutely loved the way they never EVER missed a stop or a limit order.
Last year I traded for a guy who had opened with CMS. The VT Trader Platform still holds up well, but this time I was having far too many rejections and re-quotes to the extent that it became impossible to trade there.
If you can't get trades on, and then can't close them out, you can't trade - so in the end you DON'T trade, and move elsewhere. A real pity about these guys, they used to be great, now I wouldn't give them the time of day.
















