Thursday, June 12, 2008

CMS FOREX SCAM CASE


CMS FX SCAM CASE

Customer support is something horrible, my withdrawal form was proceed in more than one week, they lied me in support about sending my money.

Trading news is impossible with them, 50 pips slippage and there is impossible to close position after news...last NFP i cannot close my position so i called dealing support, operator told me he closed my position, but when i logged back to my account my position was still opened!!!!! before that their platform was frozen more than 30 minutes.

They like to crash platform 30 sec before news.
Operators like to close chat when are u ask for help.

CMS FOREX SCAM CASE

CMS FX SCAM WARNING

This broker is becoming worst day by day, there dealing desk trading against you. whenever market is about to move, they will frizz price or give yellow signal on VT platform, and when move is miss then they will give you chance to enter in hell.

experience trader can easily make out there intention.

when they don't want you to enter, they will reject all orders which are more likely going in your favor, and they will execute orders which are going going against you, they hold order in pending for some time, if price goes against you they will execute your order anda if price goes in your favor they will reject and give you re-quote.

in moving market Now day's it is impossible to trade with this broker. they will not give you exit chance and give continuously re-quotes, if you have taken big pos then they will put you in big problem.

if they can't execute smallest 10k pos with market price which they quote on there platform then how can they execute big orders ?????? now day's it seems they are hungry and sucking traders

CMS FOREX SCAM CASE


CMS FX scam warning

Terrible connectivity - reconnect every 15-20 minutes, impossible to trade with market orders, almost permanently requotes.


Customer service is extremely slow. Hands away!

CMS FOREX SCAM REVIEW




I am speaking from personal experience with them VT Trader (CMS). This broker will
trade against you
. Very deceptive practices, I should know...

I had my charts frozen, I had my IP address booted out, where they locked me out of my charts all day on a Friday til close....

I even had friends who could log in, and I asked to see if I could log in as them, I could not, and but, they could at their place... I even had a friend come over and try to log in themselves and they could not...

I am a skilled trader with 8+ years of trading, I love to scalp and darn good at that... That is what they didn't like, so, my charts and my accounts were targated....

Fair warming to you and others, DO NOT trade with this broker, again, I am speaking from personal experience...

If you are losing in trades with them, then you are ok, once you show a track record of winning as the PB system shows, you become a threat to them and they will go to work on you...

Trust me, I know... You will find your targets missed, trades closed out early WITHOUT hitting stops, etc, etc.....

CMS FOREX SCAM REVIEW




Terrible - $2250 were all of a sudden taken away from my account for no reason at all! when I tried to call to find out whats going on, they said I will have to wait a few hours and talk to someone in the morning! in the meanwhile I lost thousands of dollars because i got a margin call due to low balance!!!!

it takes forever to get an answer from their customer service!! my account took 7 weeks to open.

CMS FOREX SCAM REVIEW

CMS FX SCAM WARNING


THIS GUYS ARE VERY WICKED,MY FRIEND HAS LOST ALMOST HIS CAPITAL. TOO LATE TO CLOSE ORDERS,TRADE AGAINST U IS THEIR WATCH WARD. PLEASE MY NIGERIANS RUN FROM THEM BEFORE THEY SUCK YOU DRY.

CMS FOREX SCAM REVIEW




Ridiculous requotes by some 10-25 pips during slow although volatile markets.

Slippage during news time by 20+ pips, random ignoring of your orders (you have an entry-stop order with entry, stop and TP set up and when price reaches entry, they just delete the order and completely ignore everything).

Their behavior does not comply with any CFTC/NFA rules, they're unethical and make money by stealing your profits in such an obvious way!!

And here I'm talking not about mini/micro accounts, I'm talking about standard 50k+ accounts when opening positions with 10+ lots. How would you feel if your broker just stole $8000 from you by ignoring your order and taking the profits for themselves? I'm reporting this company to NFA/CFTC.

Stay away,