I reported about this intention almost three months ago and now CMS finally made the step. CMS is the latest broker to open a UK subsidiary following FXCM, Gain and lately FX Solutions.
This should allow CMS to offer additional products and trading capabilities, which are not allowed in the US, to its retail and institutional clients.
This is the press release as was sent to CMS's clients.
Dear Trader,
CMS Forex is pleased to announce the launch of CMS Forex UK, our FSA registered affiliate located in London, England.
Clients can trade on CMS Forex’s advanced proprietary platform, VT Trader, which features over 100 indicators, integrated pattern recognition technology, Dow Jones news, competitive spreads, and up to 10 lot auto-execution*. Alternatively, clients can choose to use their own auto-trading systems, or Expert Advisors, on the popular MetaTrader 4 platform.
In addition, with a CMS Forex UK account, you’ll have access to a number of unique features not offered at CMS Forex, including:
Up to 400:1 Leverage †
Ability to hedge trades
Stop and Limit orders on individual positions
Open a CMS Forex UK account and deposit at least $200 USD between now and September 30th and you’ll receive an immediate $50 Balance Booster! Our user-friendly live account application consists of 5 easy steps and can be completed in just 10 minutes. Once your deposit has been received, this bonus will be immediately added to your live trading account.
To open an account and get your Balance Booster, click the button below.
CMS Forex UK is available to serve our global client base and as an FSA registered financial services company, will welcome clients from any country that are authorized to conduct business in the United Kingdom.
To learn more about CMS Forex UK, click here.
Sincerely,
The CMS Forex UK team
†Leverage may increase both gains and losses.