CMSTrader broker Accounts

CMStrader Account Type

　　CMStrader offers several account types tailored to different trading needs and investment levels. The available account types include:

Mini Account

Minimum Deposit: $500
Features: Commission-free trading with fixed spreads. Micro tradeable lots are available.

Silver Account

Minimum Deposit: $10,000
Features: Offers additional benefits such as personal account management and risk management plans.

Gold Account

Minimum Deposit: $50,000
Features: Similar to the Silver Account, with additional perks and potentially floating spreads.

Islamic Accounts

Available for traders from Islamic countries, these accounts are swap-free, meaning no rollover interest is applied to overnight positions.

　　The minimum initial deposit required by CMStrader is relatively high compared to many other brokers, which typically range from $100 to $500. The spreads for the EUR/USD pair are wide, averaging around 3 pips, while most brokers offer spreads between 1.0 and 1.5 pips.

CMStrader Broker Account Opening Process

　　Opening an account with CMStrader is a straightforward process. Here are the steps involved:

Registration

Visit the CMStrader website and click on the "Register" button.
Fill out the registration form with necessary details such as your name, email, birth date, country of residence, and phone number.

Verification

After registering, you will need to verify your account by providing a valid form of identification (government-issued ID or driver's license) and proof of residence (utility bill or bank statement).

Funding Your Account

Once your account is verified, you can fund it using various methods, including bank wire transfers or credit/debit cards.
The minimum deposit required to open an account is $500.