CMSFX Giving Away $500 Live Accounts

spmaon, paogeh...guys, these are questions better answered by CSMFX support. Get the info directly from the source. Call them or email them and let us know what you learned.

Full lots as Opie said... But, in case you are not aware, you can withdraw profit after just 1 minilot trade if you like (and have made enough).

The free $500 component is the only part locked in until 30 lots are traded.

folks,, be very very careful of cms. I have an account with them, but I am not happy with them at all. first of all, they will take very long time to open you account, anytime you want to transfer money...they took money from my checking account right away and took 10 days to depsoit it into my fx account. where as fxcm will only take a day or two. their customer service is terrible too.

the support are quite bad. I've sent an email a long time ago but no respond. I'll try again and will post it here for update. This is the reason why i throw the question in the forum.

IndyCash, thanks for expanding on that. I was in a bit of a rush.

zalakinc, I've already seen enough in this thread and others to convince me CMSFX would not be my first choice of brokers. Or my second, third, or fourth, for that matter!

spmaon, ok, fair enough. I hope you get your questions answered and thanks in advnce for keeping us updated.

look here evrybody! am one of the beneficiarys of the bonanza and this is the fact.
i have been trading with them base on the bonanza and after ma king some profit i filled a withdrawal form but i was turned down the reason was that i have not traded completely the 30 standard lots and the number of standard lots i traded was calculated for me.
so forget aboutt withdrawing from them until you could scale through the hurdles of 30 standard lots tthen we know the next condition.
thanks
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RIGHT TRADE + RIGHT TIMING = PROFITABLE TRADE

most shity broker's run promo like this.

Can we assume that 30 Standard Lots = 300 mini lots ?

Or just 30 transactions ?

Thanks

Have you got your live account yet....?

still haven't got my live account.

Ive been having constant disconnections, sometimes it wont let me trade, saying the trading is down or disabled, and slippage. I never had this problem with my previous broker.

It is 300 mini lots, 30 transactions would be too easy.
Personaly I have done about 60 transactions in mini lots and turned the 400€ into 1300€. (I got 400€ instead of $500 because I traded a euro account in the demo for the qualification - good choice isn't it?)
Still 240 mini lots to do!
Does some of you have already performed their 30 Lots?

It is true that there are disconnections sevral time a day but with the relogin button you get reconnected quickly (at least quick enough for me as I don't scalp at all)
The requotes have also been annoying and now most of the times I just set a TP with a limit order, in volatile periods it is easier to close the orders that way.

I am traded 28 lots already so soon will try withdraw money from them so we will see

Iam from india. Looking to open a forex account. I want to know.. are they still giving away $500 ? Is there any other pramotion running?

Sorry, Baby. This particular promotion has ended.

Thanks opie999.

I got my account opened yesterday, I was being delayed because i did not submit the right documents and they did not chase me for that. if you know you did not send the right documents please do. and make sure you attach the signature page to the documents to be forwaded.
FX baby i am afraid it is late the promo has ended.....

they do promote SCAM guys...

Stop and hunt SCAMer

What do you mean the do promote scam??
They dont pay???

Samclider you were right
they promote scam i think.
Because I had first problems with them. So they always disconecct servers i lost almost all money because couldnt close fast terminal flies out. So then my account was just traded by someone. Now I was asking what the f*** is happening. They found all IP addresses. So one was mine Eastonia region. But other one who traded was some African IP address. And they wrote me now JUST BE CAREFULL AND CHANGE YOUR PASSWORD thay are fu*** crazy or what???
So this week i was trading and I dont use Stop loss never and terminal flies out for 10 minutes and of course i couldn not close immediately. They write your problems coz stop loss is neccessary what does it menas??? This is my way of trading without stop loss...
be very aware of them