Overall Rating: ★★☆☆☆ (2.6/5.0)

CMS Prime is a global forex and CFD broker offering MetaTrader 5 (MT5), multi-asset trading, and STP execution through its offshore structure. Headquartered in Saint Vincent and the Grenadines, CMS Prime promotes tight spreads, fast execution, and a $500 minimum deposit. However, it is not regulated by any top-tier authority, and the lack of licensing transparency and investor protections significantly increase the risk profile. This CMS Prime review explores its offerings, platform features, and major concerns.

Key Features

CMS Prime markets itself as a broker designed for retail, institutional, and introducing brokers, with global market access.

• Trading Platforms:
  • MetaTrader 5 (MT5) – desktop, web, and mobile
• Tradable Instruments:
  • Forex, indices, commodities, metals, energies, and cryptocurrencies
• Account Types:
  • Standard, ECN, and Premium, each with varying spreads and minimum deposits
• Execution:
  • STP/NDD (Straight Through Processing, No Dealing Desk)
• Leverage:
  • Up to 1:400
• Deposit Methods:
  • Credit/debit cards, bank wire, and crypto payments

Regulation and Security

CMS Prime is not licensed by any major regulatory body, despite offering services globally.

• Registered in Saint Vincent and the Grenadines (SVG)
• No oversight from FCA, ASIC, CySEC, or FSCA
• No investor compensation scheme or audited financial transparency
• No verifiable documentation of client fund segregation
• Lack of regulatory clarity undermines credibility

Pricing and Costs

CMS Prime claims competitive spreads and zero commissions on standard accounts, with ECN pricing for higher-tier accounts.

• Spreads:
  • Standard Account: From 1.5 pips
  • ECN Account: From 0.1 pips, plus $6/lot commission
• Commissions:
  • ECN and Premium accounts only
• Minimum Deposit:
  • Standard: $500, ECN: $1000, Premium: $10,000
• Deposit/Withdrawal Fees:
  • No internal fees, but processing delays are reported
• Inactivity Fee:
  • Not clearly disclosed

Educational Resources and Customer Support

CMS Prime provides limited educational content and moderate customer support.

• Education:
  • Blog articles and platform tutorials only
  • No video courses or structured learning materials
• Market Analysis:
  • Basic technical updates but no in-depth research
• Support:
  • Live chat, phone, and email, available 24/5
  • Response times vary by region and time zone

Risk Management Tools

CMS Prime offers only standard MT5 features for risk management.

• Order Types:
  • Stop-loss, take-profit, trailing stops
• Leverage Limits:
  • Up to 1:400, adjustable by account type
• No guaranteed stop-loss orders
• No advanced margin monitoring or risk calculators

Pros and Cons

Pros

• MT5 platform with wide asset coverage
• Multiple account types for different traders
• High leverage up to 1:400
• Crypto deposit options available

Cons

• No regulation from any major financial authority
• No investor protection or fund segregation guarantees
• Limited transparency and offshore registration
• Weak educational content and basic market research
• Minimum deposit is relatively high ($500+)

Conclusion: Is CMS Prime the Right Choice?

CMS Prime is a high-risk offshore broker with an appealing interface and MT5 access, but serious drawbacks in terms of regulation and transparency. While the STP execution model and crypto deposit options may attract speculative traders, the lack of tier-1 regulation, no fund protection, and limited educational support make it unsuitable for most.

For safer alternatives with similar platforms and better protection, consider regulated brokers like Pepperstone, Vantage, or CMC Markets.