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CMSFX Giving Away $500 Live Accounts

  • #301
  • Sep 2, 2007 5:20am Sep 2, 2007 5:20am
Quoting stace
I am waiting now, i wrote mail.
Th support is ugliest I ever seen.
No live chat nothing. I already wait 3'rd day.
We will see what will happen.

STOP .....SPAM or fruad No reply anything
  • #302
  • Sep 2, 2007 6:46am Sep 2, 2007 6:46am
Hi all,

my name is Tony Juste, and I am the FX Advisor with FXstreet.com, and I will be posting here my experience with CMSFX International.

I was alerted 2-3 weeks ago by several viewers that there was an offer from a non-US broker giving away $500 in real cash if one was up to $500 in a $10k demo account. I was asked if that was a scam and if I could further investigate on the subject, which I did, and is what I am detailing below.

First thing I did was to open the $10k demo account and try to meet their $500 profit (at least) requirement. After reaching the goal, I stopped trading and sent them the appropriate notification, which was replied in 24hrs with a link to open a live account. At this point it is worth pointing out that a friend of mine who also had opened a demo account was declined for not meeting the needed requirements, they said, although it was a $10K account and there was an excess of $500 in profits, so got a little confused with that and you may want tot ake note of it... Alright, let's continue with my OWN story below.

After having sent the neessary documents for opening an account, I received a reply (again 24hrs after contacting them), that my account would be processed within the next 5 business days. It may sound a bit too much, but I've been with large brokers who delayed the acc opening process up to 4 days (compliance, etc...), so I don't think that is an issue.

Well, there is where I stand at the moment, pending confirmation of the account opening, and still left to be seen what happens to trading problems (I've received several e-mails complaining about serious issues with their live trading, so I need to check that out as well). I thought it was worth doing this 'investigation' work as there seems to be a lot of people magnetized by this marketing pitch and I believe that a first-hands experience from an independent guy may help clear things here, which is my sole intention I have to say.

I will keep you all updated through this very informative post as things move on, I'll post anything I experience there so you can evaluate the thing with more evidences.

Best wishes to all.
  • #303
  • Edited 8:59am Sep 2, 2007 8:47am | Edited 8:59am
Got my 500 USD in live account today.. took 7 day for them to open which is great looking at the backlog..a big thank you to CMSFX ..


Guys...don't believe anything you hear about a broker being scam/fruad etc without anyone showing hardcore proof with some kinda image etc...i almost did not believe in this scheme..but took a chance from guys who were doing trading for a long time in cmsfx and they were right..

We will be the loser at the end of the day..if we just believe in some post without hardcore proof.

Do not believe in posts without proofs....who just want to become millionaires by weekend

I don't get it whats so much negative about it..its just FREEE MONEY FOLKS>>chill out...your turn will come

Keep it updated
  • #304
  • Sep 2, 2007 8:50am Sep 2, 2007 8:50am
Quoting spiderforex
Wow..i got my 500 deposited mail today..but being sunday..i think the server is down...im unable to log in.

Is the server down or i need to do some r&d of my own

be back with all details how my account went

I had the same thing man. I was unable to login in account, then they gave me another password. So now account is wiped out.
  • #305
  • Sep 2, 2007 9:05am Sep 2, 2007 9:05am
Quoting stace
I had the same thing man. I was unable to login in account, then they gave me another password. So now account is wiped out.
Yes, i had the problem too...i forgot to use the cms name infront of login which they gave..so did not use the full login...as i wrote the message and checked it..it was open edited my post above
  • #306
  • Sep 2, 2007 12:49pm Sep 2, 2007 12:49pm
Quoting spiderforex
Got my 500 USD in live account today.. took 7 day for them to open which is great looking at the backlog..a big thank you to CMSFX ..


Guys...don't believe anything you hear about a broker being scam/fruad etc without anyone showing hardcore proof with some kinda image etc...i almost did not believe in this scheme..but took a chance from guys who were doing trading for a long time in cmsfx and they were right..

We will be the loser at the end of the day..if we just believe in some post without hardcore proof.

Do not believe in posts without proofs....who just want to become millionaires by weekend

I don't get it whats so much negative about it..its just FREEE MONEY FOLKS>>chill out...your turn will come

Keep it updated
Don't Lie people please ..
  • #307
  • Sep 2, 2007 1:39pm Sep 2, 2007 1:39pm
Quoting raynman
I can't seem to find the link to claim the $500 too.
because the promotion seems to be over...
  • #308
  • Sep 2, 2007 2:39pm Sep 2, 2007 2:39pm
Quoting Tony Juste
Hi all,

my name is Tony Juste, and I am the FX Advisor with FXstreet.com, and I will be posting here my experience with CMSFX International.

I

Best wishes to all.
Welcome here Tony,

thank you for trying to shed some light on various Issues with CMS International.

I`ll be glad to help u with anything i can if u need some help.
But otherwise it would be nice if you could bring some proof that u are who u say you are as on the web everybody can tell BS!

Thx for your understanding that i dont want to offense you but a proof would be great!

Maybe somebody from the factory can weight in his words

Kind regards,
Aidan
  • #309
  • Sep 2, 2007 2:44pm Sep 2, 2007 2:44pm
Hey Guys ,

It did take them a while to provide me with LIVE account details , but I did get it , it took them 10 days from DEMO notification to live account login details. You must understand the amount of claims they must be getting ( How hard is it to make 500 of 10000USD ? ) . As far a scam theory ,I think this is rubbish , any negative activity from CMS BM will directly effect CMS LLC , they know this better than we.

Be patient you will get it , after all ITS 500 USD not 5 USD, do the math with a rough number of application.

Ganesh
  • #310
  • Sep 2, 2007 4:26pm Sep 2, 2007 4:26pm
Quoting raynman
I can't seem to find the link to claim the $500 too.
seems promotional offer is closed.
even notification link is gone..it seems they got sufficient client and stop 500$ offer. those who send claim before 31St are lucky .they will get 500$ and for other ????... they can try sending e-mail for any luck.
on monday they are closed for some public holiday there. so don't expect any mail on monday.
  • #311
  • Sep 2, 2007 5:56pm Sep 2, 2007 5:56pm
Hi again,

first of all, let me reply to 'aidanpryde' - please check with Merlin or any other in the administrator role here in the forums so they will tell you if I am who I say or not, they have my contact details so you will have the proof. Period.

Just received from a second friend of mine (after one having been denied in the process), the confirmation of his live account open, with the deposit made. He is just about to start trading, so I have asked him to tell me how the platform works, trading problems, etc, I will keep you posted.

Best wishes to all.
  • #312
  • Sep 2, 2007 6:59pm Sep 2, 2007 6:59pm
Quoting ramdas
seems promotional offer is closed.
even notification link is gone..it seems they got sufficient client and stop 500$ offer. those who send claim before 31St are lucky .they will get 500$ and for other ????... they can try sending e-mail for any luck.
on monday they are closed for some public holiday there. so don't expect any mail on monday.
It is quite misleading actually. I had the impression that the expiry date was 31st Aug for the opening of new demo accounts eligible for the $500 offer.

I opened the demo account on 29th Aug and took me a while (newbie here) to exceed the $500 target on 2nd Sep.

So it looks like I am not entitled to the free $500 live account. What a downer...
  • #313
  • Sep 2, 2007 8:47pm Sep 2, 2007 8:47pm
Quoting raynman
It is quite misleading actually. I had the impression that the expiry date was 31st Aug for the opening of new demo accounts eligible for the $500 offer.

I opened the demo account on 29th Aug and took me a while (newbie here) to exceed the $500 target on 2nd Sep.

So it looks like I am not entitled to the free $500 live account. What a downer...
don't giveup........... as per site 31st Aug was expiry date for demo which are eligibal for 500$ offer. if you can not send claim through notification link ..then send e-mail to them.
as per site...profit must be realize before 1St jan 2008..so send e-mail for claim
  • #314
  • Sep 2, 2007 9:00pm Sep 2, 2007 9:00pm
Quoting ramdas
don't giveup........... as per site 31st Aug was expiry date for demo which are eligibal for 500$ offer. if you can not send claim through notification link ..then send e-mail to them.
as per site...profit must be realize before 1St jan 2008..so send e-mail for claim
Yes, I'll do that. No harm giving this a shot using ordinary email since the claim link is not available on their website anymore.

Thanks again for the heads up.
  • #315
  • Sep 3, 2007 2:34am Sep 3, 2007 2:34am
Quoting Tony Juste
Hi again,

first of all, let me reply to 'aidanpryde' - please check with Merlin or any other in the administrator role here in the forums so they will tell you if I am who I say or not, they have my contact details so you will have the proof. Period.

Just received from a second friend of mine (after one having been denied in the process), the confirmation of his live account open, with the deposit made. He is just about to start trading, so I have asked him to tell me how the platform works, trading problems, etc, I will keep you posted.

Best wishes to all.
I can tell you during the meantime : the plateforme is so so to my point of view, pretty slow (or it's their feed which is slow i dunno )

Order filling is horrible, slow as hell...
  • #316
  • Edited 3:00am Sep 3, 2007 2:48am | Edited 3:00am
Quoting melpheos
I can tell you during the meantime : the plateforme is so so to my point of view, pretty slow (or it's their feed which is slow i dunno )

Order filling is horrible, slow as hell...
I agree with you, VT platform is very good, but during many times connection lost. and feed is slow..sometimes it suck like hell ..we can not open or close pos. even in profit or in losss it gives re-quotes... market order always goes in pending. and put us in hell. also some times it workes best.
so we have to live with good along with bad.
if that frequent re-quotes and connection lost problem goes..then platform is best i seen

This re-quote problem is there with CMSFX which is main broker..price quotes of CMSInternational seems only following CMSFX.. and whatever problem comes in CMSFX get's reflected with CMSInternational. so there is no point blaming CMSinternational. Only we can say thanks to them for that 500$.
  • #317
  • Sep 3, 2007 7:38am Sep 3, 2007 7:38am
I started with the live account today and will keep a record here for all to see. If I'm successfully, I'll then try and withdraw the money and will also report on it here.

Trade # 1
Balance: $500
Lots till 30: 29.5

Current Trade
UJ: Short
Lots: 0.5
Price: 115.78
P/L: edited on exit
  • #318
  • Sep 3, 2007 9:18am Sep 3, 2007 9:18am
i wish i had checked the broker discussion section more often (
Twitter: @forexpokerpro
  • #319
  • Sep 3, 2007 9:31am Sep 3, 2007 9:31am
Quoting raynman
It is quite misleading actually. I had the impression that the expiry date was 31st Aug for the opening of new demo accounts eligible for the $500 offer.

I opened the demo account on 29th Aug and took me a while (newbie here) to exceed the $500 target on 2nd Sep.

So it looks like I am not entitled to the free $500 live account. What a downer...
There was nothing misleading !

Open the DEMO account before 31st Aug and u have time until 31st of December 2007 to reach your 500 Dollar Goal..then simply write them an email including the exact closing time of ur trade which reached the Goal and the Username of your Demo Account and u will get ur Live Account !

Quoting Tony Juste
Hi again,

first of all, let me reply to 'aidanpryde' - please check with Merlin or any other in the administrator role here in the forums so they will tell you if I am who I say or not, they have my contact details so you will have the proof. Period.

Just received from a second friend of mine (after one having been denied in the process), the confirmation of his live account open, with the deposit made. He is just about to start trading, so I have asked him to tell me how the platform works, trading problems, etc, I will keep you posted.

Best wishes to all.
Thank you Tony...please be asssured that i in no way wanted to compromise your name here! But you know as good as i how often ppl are posting BS in free Forums...thx for ya answer

Looking forward to your Input..


I will also soon post my trading Statements with my Live Account as i allready traded 17 lots and reached 800$..i had allready 1200 4days ago what a shame lol
  • #320
  • Sep 3, 2007 9:45am Sep 3, 2007 9:45am
Quoting AidanPryde
I will also soon post my trading Statements with my Live Account as i allready traded 17 lots and reached 800$..i had allready 1200 4days ago what a shame lol


just wondering should we open a new thread for the trades done on these accounts, or will no one mind if it is in between the other discussions?
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