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Tier-1 regulated & verified Founded: 2013 HQ: ???
CMSTrader

CMSTrader

3.4 / 10 audit score

CMSTrader was an online financial brokerage brand established in 2013, which targeted the MENA region before completely shutting down its operations following severe international regulatory warnings, fraud blacklists, and client fund withholding.

Min deposit $500 USD
Spread (Raw) 1.2 Pip
Max leverage 1:400
Execution ECN
Islamic account
Available
Regional offices 1
Trust & credibility index
Audited 2026
3.4 of 10
Fair Guide expert score: 3.4 / 7 Trader reviews: 0.0 / 3
Trustpilot External reference rating
3.7 / 5
Regulation & safety 1.2 / 1.4
Trading conditions 1.2 / 1.4
Deposit / withdrawal 1.2 / 1.4
Customer support 1.2 / 1.4
Platforms & tech 1.2 / 1.4
Regulatory & technical dossier 2026

Institutional audit & technical specs

Ongoing review of trading contracts, licenses, and client-fund controls

Data updates: live & verified
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Licenses & regulation

Review of listed licenses and oversight strength for client-fund protection.

— N/A
FCA N/A
Founded 2013
HQ ???
ECN

Trading conditions & fees

Spread, leverage, execution model, and commissions from the broker profile.

Spread1.2 pips
Leverage1:400
Commissions?
Islamic Yes
2 platforms

Trading platforms & apps

Platforms listed on this broker profile.

WEB WebTrader
MOB Mobile App
5 asset classes

Tradable assets & markets

Market classes listed for this broker.

Forex Stocks Indices Commodities Gold
????

Deposit & withdrawal speed

Payment channels, fees, and processing speed from the profile.

Methods: Bank Wire
Fees: ?
Min deposit: $500
24/7 support

Customer service

Listed support languages and contact channels.

Languages: Arabic، English
Channels: Email

About this broker

Launched in 2013, CMSTrader (Capital Market Solutions) was an online multi-asset financial brokerage brand heavily marketed toward retail and high-net-worth investors across the Middle East, North Africa, and global emerging markets. The broker provided access to a standard portfolio of tradable financial instruments, covering major and minor forex currency pairs, global stock indices, spot metals, energies, and commodities. Operating primarily through simple web-based proprietary solutions alongside traditional MetaTrader 4 configurations, CMSTrader utilized a market-maker (dealing desk) execution model. The brand positioned itself aggressively in Arab markets by offering dedicated Arabic-speaking account managers, localized premium support tiers, competitive floating spreads, and high flexible leverage structures up to 1:500. However, CMSTrader operated entirely outside of authorized tier-1 or tier-2 financial regulatory compliance frameworks, relying on unverifiable offshore registrations. Due to widespread structural compliance failures, deceptive account management practices, aggressive cold-calling schemes, and systemic blocking of client withdrawals, the brand became the subject of heavy international enforcement actions. Following severe public fraud warnings and official blacklists issued by top-tier global financial watchdogs?including the FCA (UK), CNMV (Spain), and the capital market authorities of several GCC nations?the financial infrastructure of CMSTrader completely collapsed, and the brand officially discontinued all brokerage operations, liquidating its domains.

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