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CMS Prime Review
CMS Prime is a Dubai based forex and CFD broker founded in 2004. It holds only offshore licenses in Mauritius, Saint Vincent, and Saint Lucia, with no FCA, ASIC, or CySEC oversight.
Min Deposit
$0
Spreads From
0 pips on Signature, 1.0 pips on Core
Max Leverage
Up to 1:500 on the Core account
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Low entry point with a Core account that needs no minimum deposit
- Spreads from 0 pips are available on the top tier Signature account
- Offers MT4 and MT5, two trading platforms most traders already know
- Over two decades of operating history since its 2004 founding
Cons
- No license from a top tier regulator such as the FCA, ASIC, or CySEC
- Saint Vincent and Saint Lucia listings are company filings, not real regulation
- Independent reports describe traders struggling to withdraw profits
- Uses several linked legal entities instead of one clear regulated firm
- High leverage up to 1:500 on Core adds risk for new traders
CMS Prime is a forex and CFD broker based in the United Arab Emirates. It says it has worked in the markets since 2004, and runs through several linked firms rather than one legal entity. Its site names CMS Prime Ltd, CMS Prime Inc, and CMS Prime SLC Inc as the firms behind the brand.
None of these firms hold a license from a top tier regulator such as the FCA, ASIC, or CySEC. CMS Prime relies on registrations in Mauritius, Saint Vincent and the Grenadines, and Saint Lucia instead. A Core account needs no minimum deposit, a Master account needs 5,000 dollars, and a Signature account needs 10,000 dollars. Spreads start from 1.0 pips on Core, falling to 0 on Signature.
Independent reports describe traders who struggled to withdraw profits, with CMS Prime allegedly capping payouts at the deposited amount. Because every license is offshore, clients get less legal protection than with a broker regulated in the UK, EU, or Australia. Treat it as higher risk and check withdrawal terms first.
Min. Deposit
USD 0
Max Leverage
Up to 1:500 on the Core account
Spreads From
0 pips on Signature, 1.0 pips on Core
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
