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CMSFX Giving Away $500 Live Accounts

  • #381
  • Sep 10, 2007 11:49am Sep 10, 2007 11:49am
Well, I got an email from them on Friday that they had set up my live account with the $500 in it. That took almost 3 weeks since I first applied for it. They gave me my login information, and it doesn't work. I can't log in to the account. They have all my verification documentation. I've also tried calling them, but the line is always busy and I can't get through. I've just sent an email to them so now we wait and see.

Nancy
  • #382
  • Sep 10, 2007 12:00pm Sep 10, 2007 12:00pm
Quoting nmpeters
Well, I got an email from them on Friday that they had set up my live account with the $500 in it. That took almost 3 weeks since I first applied for it. They gave me my login information, and it doesn't work. I can't log in to the account. They have all my verification documentation. I've also tried calling them, but the line is always busy and I can't get through. I've just sent an email to them so now we wait and see.

Nancy
If you have received account opening and user ID e-mail today then wait for 24hours..and keep trying..sometimes it takes one day to activate login. one of my friend had same problem. next day it work. pl ensure you use same password which you have mention in live account opening form.
  • #383
  • Sep 10, 2007 12:15pm Sep 10, 2007 12:15pm
I got my live account on last Friday.
So, I decided to test it live and I traded the NPF on Friday. I wanted to lose all my money and traded 1 full lot on the account of $ 500.
i got filled without any problem but unfortunately I closed my position too early with only 30 pips profits i.e $ 300
I should have waited for 100 pips profits, Hence my account would have tripled.
My account is now $ 800.
  • #384
  • Sep 10, 2007 12:45pm Sep 10, 2007 12:45pm
Quoting forexwoman
I got my live account on last Friday.
So, I decided to test it live and I traded the NPF on Friday. I wanted to lose all my money and traded 1 full lot on the account of $ 500.
i got filled without any problem but unfortunately I closed my position too early with only 30 pips profits i.e $ 300
I should have waited for 100 pips profits, Hence my account would have tripled.
My account is now $ 800.
This is benifit of Trading with free money.
But trade smart, you will able to make good trade.
Now don't take excessive risk. take smart risk.
  • #385
  • Sep 11, 2007 3:46am Sep 11, 2007 3:46am
Put in my claim for the $500 account on 6th and yet no word from cmsfx boys! One would think they would at least confirm reciept of the claim, but their lips are sealed
  • #386
  • Sep 11, 2007 4:29am Sep 11, 2007 4:29am
I am not receiving any reply from them....

Should I just open a live account and tell them to put in the $500 from my demo winnings to live?

I keep submitting the Claim $500 form on the website, but no reply.
  • #387
  • Sep 11, 2007 4:32am Sep 11, 2007 4:32am
Quoting shiva
Put in my claim for the $500 account on 6th and yet no word from cmsfx boys! One would think they would at least confirm reciept of the claim, but their lips are sealed
Takes about a week to hear back on the claim for the account... still wondering though how long to get the account once you submit the application paperwork.

GF
  • #388
  • Edited 6:12am Sep 11, 2007 6:01am | Edited 6:12am
It took me round about two weeks for everything, but I believe they might have a back lock to work through... they could still appoint someone to send confirmation or update mails though.I know have a new problem, but I believe that some are battling with it here already. I had to update my platform build this morning and now i start to get connection and update errors. I hope that this does not continue indefinitely
  • #389
  • Sep 11, 2007 6:40am Sep 11, 2007 6:40am
Quoting Fx1618
It took me round about two weeks for everything, but I believe they might have a back lock to work through... they could still appoint someone to send confirmation or update mails though.I know have a new problem, but I believe that some are battling with it here already. I had to update my platform build this morning and now i start to get connection and update errors. I hope that this does not continue indefinitely
We still have hope.
  • #390
  • Sep 11, 2007 7:37am Sep 11, 2007 7:37am
Good news!

You can't withdraw the initial $500 until 30 full lots are traded but... yes but you can withdraw your profit anytime ;-)

And yes I did win the offer and applied for withdraw ;-)
  • #391
  • Sep 11, 2007 7:40am Sep 11, 2007 7:40am
Quoting forexwoman
I got my live account on last Friday.
So, I decided to test it live and I traded the NPF on Friday. I wanted to lose all my money and traded 1 full lot on the account of $ 500.
i got filled without any problem but unfortunately I closed my position too early with only 30 pips profits i.e $ 300
I should have waited for 100 pips profits, Hence my account would have tripled.
My account is now $ 800.
Really? I wonder how you can trade a full lot with $500 in the account... the order shouldn't fill as the margin require you to have 1k deposit at min to open a full lot. Just wondering.
  • #392
  • Sep 11, 2007 7:45am Sep 11, 2007 7:45am
This is good news im7i4z, I was wondering about it. Please keep us updated if and when you receive any profit withdrawals
  • #393
  • Sep 11, 2007 7:52am Sep 11, 2007 7:52am
Quoting im7i4z
Really? I wonder how you can trade a full lot with $500 in the account... the order shouldn't fill as the margin require you to have 1k deposit at min to open a full lot. Just wondering.
I can confirm it is possible to withdraw *profits* made from the 500 they give you before 30 full lots are traded. Here's a quote from their email:

Quote
Please keep in mind that you will not be able to withdraw anymore than your earning until you have traded at least 30 standard round turn lots.


I'm not sure about margin requirements as I am currently trading with 0.1 lots / position.
  • #394
  • Sep 11, 2007 8:23am Sep 11, 2007 8:23am
Quoting stefant
I can confirm it is possible to withdraw *profits* made from the 500 they give you before 30 full lots are traded. Here's a quote from their email:

I'm not sure about margin requirements as I am currently trading with 0.1 lots / position.
After completion of 30lot, all account balance is yours, you can withdraw even that 500 which was given initialy, myself had done three withdrwal without any problem or restrictions.

Regarding margin. with 500$ you can take 100k pos..margin block is 250$
  • #395
  • Sep 11, 2007 8:32am Sep 11, 2007 8:32am
Quoting ramdas
Regarding margin. with 500$ you can take 100k pos..margin block is 250$
I can confirm that too after reading on their website: the elverage offered is 400:1, so you need $250 for a full lot
  • #396
  • Sep 11, 2007 9:18am Sep 11, 2007 9:18am
Well, I'm still not able to log in to my account and emails have remained unanswered. I finally got through to someone on the phone, and he asked me to take a screen shot of an account I cannot log into. When I mentioned that I had emailed them the problem 2 days ago and no one has yet responded, he said that he will investigate and hung up on me.

Very unprofessional if you ask me.

Nancy
  • #397
  • Sep 11, 2007 9:25am Sep 11, 2007 9:25am
cmsfx : when you lose, you lose. When you win, you lose too ^^
Attached Image (click to enlarge)
Click to Enlarge Name: cmsfx.GIF Size: 28 KB
  • #398
  • Sep 11, 2007 9:26am Sep 11, 2007 9:26am
30 full lots..

does it mean we can trade at $1/pip?
  • #399
  • Sep 11, 2007 9:48am Sep 11, 2007 9:48am
Apparently, after refreshing the report and changing the date, i has fixed itself... So, it's just a small bug, luckily... I dont have to send a mail ^^

Quoting jayzee
30 full lots..

does it mean we can trade at $1/pip?
Just look my latest report, it shows 0.1 position so the response is yes, and it would also have been yes if you'd took the time to look the previous responses...
  • #400
  • Sep 11, 2007 10:54am Sep 11, 2007 10:54am
Quoting melpheos
Just look my latest report, it shows 0.1 position so the response is yes, and it would also have been yes if you'd took the time to look the previous responses...
Hi melpheos,

Thanks alot.
I don't know 0.1 position is = $1/pip . hehe
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