CMSFX Broker Ripped me 80 pips

pipscaner · #1 (**permalink**) 08-23-2007, 11:36 PM

I have never seen any broker like this one. They shut down evrything since 6:00 AM to!12: PM. I was in winning position on EUR/Jen up to 190 pips. Everything shut down. I called them every single minutes for two hours. No one picked up the phone. Till 12:00 PM. I told them off what They said is Do you want to closed your position or what. We can only give you current price take it or leave it
Let you guys here know the experienced of this broker to stay away from them

prasxz · #2 (**permalink**) 08-24-2007, 12:45 AM

Quote:

Originally Posted by pipscaner

I have never seen any broker like this one. They shut down evrything since 6:00 AM to!12: PM. I was in winning position on EUR/Jen up to 190 pips. Everything shut down. I called them every single minutes for two hours. No one picked up the phone. Till 12:00 PM. I told them off what They said is Do you want to closed your position or what. We can only give you current price take it or leave it
Let you guys here know the experienced of this broker to stay away from them

Thanks pal to let everyone know...
does it register with NFA ?

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Forex Indicators Collection

nicesurf · #3 (**permalink**) 08-24-2007, 11:37 AM

It's a very bad experience. How long have you joined with them ?

ValeoFX · #4 (**permalink**) 08-24-2007, 11:44 AM

My experience with them is even worse!! I traded live with them but ended up reporting them to the NFA. I will never recommend them ever again!!

Suggest you check other Threads here at TSD: Proposed NFA Capital Requirement

dekac · #5 (**permalink**) 08-24-2007, 12:23 PM

Hi

Did you check the trading hours for specific currencies with them's dealing room, of course if they have dealing room... it is so bad , do they think about thems reputation...

pipscaner · #6 (**permalink**) 08-28-2007, 05:10 AM

Quote:

Originally Posted by nicesurf

It's a very bad experience. How long have you joined with them ?

3 months with them a lots of bad experiences.

amarnath · #7 (**permalink**) 08-28-2007, 05:34 AM

Quote:

Originally Posted by pipscaner

I have never seen any broker like this one. They shut down evrything since 6:00 AM to!12: PM. I was in winning position on EUR/Jen up to 190 pips. Everything shut down. I called them every single minutes for two hours. No one picked up the phone. Till 12:00 PM. I told them off what They said is Do you want to closed your position or what. We can only give you current price take it or leave it
Let you guys here know the experienced of this broker to stay away from them

They are one of f**kiest broker around

ggraysfx · #8 (**permalink**) 08-28-2007, 08:10 AM

My experience wasn't any better. They were my first broker and my very first night of live trading, their live servers were down for over 2 hours.

Nice way to start trading!
No wonder people quit!

designbuyers · #9 (**permalink**) 09-22-2007, 11:15 AM

I can see that broker is scam as this site says ..

Forex Broker Fraud & Scam Reviews & Ratings

I'm also check those review sites before i join any broker !

and if the demo is not like the real account then they scam you to join with the demo and i will not be there for much time i just hop in and hop out .. like you know ..

jafar00 · #10 (**permalink**) 10-20-2007, 07:58 PM

Quote:

Originally Posted by prasxz

Thanks pal to let everyone know...
does it register with NFA ?

Their US arm is NFA registered, but they also have an international part which isn't.