CMS ceasing operations for retail traders | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VTTrader: Cms 84 replies

VTTrader: Other platforms instead of CMS's VT 4 replies

VTTrader: Cms 46 replies

CMS Forex 12 replies

Any CMS-Forex traders out there ? 20 replies

CMS ceasing operations for retail traders

  • #101
  • Nov 10, 2010 8:55am Nov 10, 2010 8:55am
Quoting nahman
anyone's demo vt trader not filling in candles according to current price action?

example

gbp/jpy open 130.44 close 130.36 (not really close as that's where it says it has closed)

current price 130.29 so there's a gap between where candle is and where price is

Basically candle filling is not keeping up to price action until candle close at the end of the time period...
i am having this problem with the daily charts only . 4 Hour is OK ?
  • #102
  • Nov 11, 2010 2:18am Nov 11, 2010 2:18am
Quoting BobA
i am having this problem with the daily charts only . 4 Hour is OK ?
I have this problem only on the first candle after you open up vt trader, if you leave it running no problem... strange
  • #103
  • Nov 14, 2010 12:59am Nov 14, 2010 12:59am
After much looking at, I have noticed VT doesn't include an hour candle but once the day is finished it includes it in the charting once vt trader is closed and then opened again - which basically screws up analysis :
  • #104
  • Nov 14, 2010 1:07am Nov 14, 2010 1:07am
Traders are being traded.

Welcome to modern day business practices and ethics................. what ethics?
The Thief of Wall Street
  • #105
  • Nov 14, 2010 8:47am Nov 14, 2010 8:47am
Quoting ChartRunner
Nice! They have the last revision of VT Trader 2.1.12.10 (Gedamo Trader) and they use for demo account demo server from CMS Forex.

But we must check if this is not "scam" broker, because they starting business in 2009 and is not supervising from national regulator.
I got an email from one guy from Gedamo. He told me that in a couple of weeks they will start VT trader live again.

He told me If you want open account before so I will be ready to trade with vttrader as soon it start.

I told him I'll wait when vttrader works in RT
  • #106
  • Nov 19, 2010 1:05pm Nov 19, 2010 1:05pm
Hi ;
I just found a web site at ECNbroker.com out of Austria . They offer VT Trader for forex . Before I contact them I wondered if anyone has heard of them and can offer an opinion .
  • #107
  • Nov 19, 2010 2:41pm Nov 19, 2010 2:41pm
Quoting BobA
Hi ;
I just found a web site at ECNbroker.com out of Austria . They offer VT Trader for forex . Before I contact them I wondered if anyone has heard of them and can offer an opinion .

I contacted them they do not use vttrader anymore as well, I spoke with an italian representative.

Anyway I'm waiting for Gradamo representative to contact me as soon as vttrader goes real time..........I do not have to much faith.......
  • #108
  • Nov 27, 2010 1:01pm Nov 27, 2010 1:01pm
I contacted Forex.com via chat and this is "reality" regarding VT Trader ...

Quote
Please wait for a site operator to respond.
You are now chatting with 'Ludmila'

Mike: Hi!
Ludmila: Hello Mike, welcome to FOREX.com. May I have your account number (User ID) to better assist you?
Mike: Do you have any news about VT Trader platform on Forex.com?
Ludmila: We are not offering VT Trader.
Mike: http://www.cmsfx.co.uk
Mike: But CMS say they still in discuss with Forex.com about implementing VT Trader platform?
Ludmila: I'm not sure why they are telling this to CMS clients.
Ludmila: We are not offering VT Trader....

Quote
Ludmila: It is not being discussed at FOREX.com

Mike: Ok, they say exactly: "CMS Forex and GAIN Capital are curently discussing the integration of VT Trader for our clients."

Ludmila: Again, there are no plans on our end to have VT Trader offered.
Ludmila: Have a nice day.
Regards, ChartRunner
  • #109
  • Nov 28, 2010 5:02pm Nov 28, 2010 5:02pm
the only one left is Gedamo we have to contact them for let them know how vttrader is important for us they will gain even many clients, practically almost ex CMSforex clients.
  • #110
  • Nov 29, 2010 12:52am Nov 29, 2010 12:52am
Quoting mephy
the only one left is Gedamo we have to contact them for let them know how vttrader is important for us they will gain even many clients, practically almost ex CMSforex clients.
They don't have enough info about spreads and all that jazz, they basically use VT trader off CMS (as an institution) from what I know.

Minimum $2000usd equivalent deposit
  • #111
  • Dec 14, 2010 2:16pm Dec 14, 2010 2:16pm
I am using VT again using by demo account. Read below an answer from CMS staff about it.



Yes -- The VT Trader is coming back. It will be exclusively available to
CMS clients. Right now its being beta tested and will return in
approximately 2 weeks.

Please fill out this application. Forex.com will be hosting the VT
Trader. CMS will have an exclusive plug in that will allow VT Trader to
be used on their system for live trading.

www.cmsfx.com

click open live account

Send me a photo id and a utility bill or bank statement

Michael Pacheco

--
Michael Pacheco, CTA
Forex & Futures Sales Executive
[email protected]
www.cmsfx.com
T: (212) 563 2100 x 4382
F: (212) 563 4994

Capital Market Services LLC
Empire State Building
350 Fifth Avenue, Suite 6400
New York, NY 10118
  • #112
  • Dec 14, 2010 2:47pm Dec 14, 2010 2:47pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
OMG run as fast as you can..
  • #113
  • Dec 14, 2010 5:20pm Dec 14, 2010 5:20pm
I called CMS today and talked to a rep there named Michael (maybe the same from the email posted above) he told me that VT is coming back and will be available only through CMS but hosted by Forex.com's servers. You can open an account now but VT wont be available for live trading until around the 1st of the new year. Fingers crossed......
  • #114
  • Dec 15, 2010 4:44am Dec 15, 2010 4:44am
Quoting floortrader
I called CMS today and talked to a rep there named Michael (maybe the same from the email posted above) he told me that VT is coming back and will be available only through CMS but hosted by Forex.com's servers. You can open an account now but VT wont be available for live trading until around the 1st of the new year. Fingers crossed......
I dont get it...they are opening up retail accounts again? Huh??!! Am I missing something? Sounds fishy.
  • #115
  • Dec 16, 2010 7:03am Dec 16, 2010 7:03am
Quoting forexstrah
I dont get it...they are opening up retail accounts again? Huh??!! Am I missing something? Sounds fishy.
Exactly..... we will see I will call again Gedamo now are more than 20 days since the wrote me.
  • #116
  • Dec 16, 2010 8:32am Dec 16, 2010 8:32am
Hi guys

had an account with CMS on VT platform(very small amount) but have not received my money which I was promised when they stopped trading. Anyone else experienced this?

Kal
  • #117
  • Dec 16, 2010 8:53am Dec 16, 2010 8:53am
Sorry just forgor to ask is anyone stillusing VT on demo charts? just checked the platform and it seems to be working ok. Suppose inthe uk you could use it for charting and open an SB account to place the actual trades?

have been trying to use MT4 for charting recently but prefer VT!!

Kal
  • #118
  • Dec 16, 2010 10:40am Dec 16, 2010 10:40am
Quoting forexstrah
I dont get it...they are opening up retail accounts again? Huh??!! Am I missing something? Sounds fishy.
There is nothing fishy about this. When CMS sold their retail business to Gain Capital they became an IB to them as well. So when you open a live account through CMS it will actually be with Forex.com. Don't you guys ever read the info on CMS' website?
  • #119
  • Dec 16, 2010 10:45am Dec 16, 2010 10:45am
Quoting Kalbar
Hi guys

had an account with CMS on VT platform(very small amount) but have not received my money which I was promised when they stopped trading. Anyone else experienced this?
If you had a live account with CMS before they sold their retail business, your money should now be with Forex.com, for which you should have received a new account number from them.
  • #120
  • Dec 16, 2010 10:48am Dec 16, 2010 10:48am
Quoting Kalbar
Sorry just forgor to ask is anyone stillusing VT on demo charts? just checked the platform and it seems to be working ok. Suppose inthe uk you could use it for charting and open an SB account to place the actual trades?
VT has never been down, you can still use it as always. You just can't place live trades. Check their website.
0 traders viewing now