Thursday, June 12, 2008

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,

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