No broker is perfect, and CMS Forex is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to CMS Forex :
- CMS Forex does not accept Paypal (See Paypal brokers here)
- CMS Forex does not accept Neteller (See Neteller brokers here)
- CMS Forex does not accept Skrill (See Skrill brokers here)
- CMS Forex does not allow hedging (See brokers for Hedging here)
- CMS Forex does not offer Ethereum (See brokers that offer Ethereum here )
- CMS Forex is not FCA regulated (See FCA regulated brokers here )
- CMS Forex does not offer MT4 (See MT4 brokers here )
- CMS Forex does not offer MT5 (See MT5 brokers here )
- CMS Forex does not offer Mac platform (See brokers for Mac users here )
- CMS Forex does not offer Spread Betting accounts (See Spread Betting brokers here)
Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best CMS Forex alternatives.
Top alternative : City Index
A popular alternative to CMS Forex is City Index, a brokerage regulated by Financial Conduct Authority, ASIC and MAS and over 35 years in business. Another strong alternative is XTB, which is regulated by Financial Conduct Authority, KNF, and CMB..
Here are some of the key reasons why traders choose City Index and XTB over CMS Forex :
|CMS Forex||City Index||XTB|
|Regulator||Closed||Financial Conduct Authority, ASIC and MAS||Financial Conduct Authority|
|Min. Trade||Varies||1 Lot||0.01 Lot|
|Platforms||MT4, Web Trader, Tablet & Mobile apps||MT4, Mirror Trader, Web Trader, Tablet & Mobile apps|
If you want to read more about City Index, we’ve put together an in-depth City Index review that explores their platform, spreads, and trading conditions in more detail.Visit City Index
If City Index isn’t quite right, we’ve also listed ten suitable CMS Forex alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.
Risk warning: CFDs are leveraged products and 73% of retail traders lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.