Brokers  /  CMSPRIME

CMSPRIME

Severe riskForex / CFD broker
🇲🇺 Mauritius · 5-10 years · since 2019-03-26 · CMS Prime Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX2.42/10
Trustpilot/5
Forex Peace Army/5
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CMSPRIME operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Mauritius (offshore, light oversight)
  • Withdrawal complaints in ~25% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCMS Prime Ltd
Headquarters🇲🇺 Mauritius
Founded2019-03-26
Years operating5-10 years
Employees0
Official websitecmsprime.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods12 · Visa, Bank, Transfer
Withdrawal methods · --
InstrumentsForexMetalsIndicesCommoditiesSharesCFD's
Registered address
Rep. Office International Business Tower, Business Bay, Dubai, UAE

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Signature1:100$10,000From 0.0--
Master1:200$5,000From 0.6--
Core1:500$100From 1.2--

Review analysis AI

CMSPRIME is an unregulated broker with a high risk score of 75/100 due to its lack of confirmed regulatory oversight. The broker's own claims of regulation by the FSC Mauritius and other offshore registrations are unverified and inconsistent with our records. Traders should exercise extreme caution, as unregulated brokers offer no recourse in case of disputes or financial loss.

Best for
  • Traders seeking high leverage up to 1:500
  • Clients in the UAE or Mauritius region
  • Those comfortable with unregulated brokers
Not for
  • Regulatory-conscious traders
  • Beginners needing strong investor protection
  • Traders preferring low leverage
Period:
What users praise
Where reviewers are from
United States1
United Arab Emirates1
Colombia1
New Zealand1

Real user reviews

Where CMSPRIME operates

Active across 11 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇲🇾 Malaysia
🇦🇪 United Arab Emirates
🇩🇪 Germany
🇺🇸 United States
🇸🇬 Singapore
🇹🇷 Turkey
🇵🇰 Pakistan
🇦🇺 Australia
🇳🇱 Netherlands
🇵🇭 Philippines

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What CMSPRIME says about itself as stated by the broker · not independently verified by FXCanary

About CMS Prime

According to its website, CMS Prime describes itself as an 'award-winning, global financial partner' with over 22 years of experience, serving traders in the UAE and internationally. It claims to offer advanced online trading technology and a physical presence in key financial hubs, with customer support available 24/7.

The broker states it has been trusted since 2004 (though its own homepage also says 'Trusted Since 2025'), serves clients in 100+ countries, and provides access to 1900+ tradable assets. These statements appear on the 'About Us' page.

Account Types

CMS Prime's website presents three account tiers: Core, Master, and Signature. The Core account is advertised with a minimum deposit of $0 (though another page says $1000), spreads from 1.0 pips, and leverage up to 1:500. The Master account requires a $5,000 minimum deposit, spreads from 0.6 pips, leverage up to 1:200, and no commission. The Signature account requires $10,000 minimum, spreads from 0 pips, leverage up to 1:100, and a $5 commission per lot.

The broker claims these accounts offer fast execution, tight spreads, and access to a wide range of instruments via MT4 and MT5 platforms. It emphasizes that the Core account includes full access to its Trading Academy and Trading Central tools.

Regulation and Licensing

On its 'Licenses & Regulations' page, CMS Prime claims to operate under 'strict global oversight.' It states that it is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under Certificate Number GB19024331. Additionally, it mentions registration in St Vincent and the Grenadines (Certificate Number 3060 LLC 2023) and Saint Lucia (Certificate Number 2023-00661).

The broker asserts that each jurisdiction follows independent oversight protocols, but it does not provide details on the scope or validity of these licenses. Notably, our independent records show no confirmed regulators on file.

Deposits and Withdrawals

CMS Prime claims to offer instant and secure fund management with multiple payment methods, including Visa, MasterCard, Apple Pay, Google Pay, bank transfer, C Pay, TC Pay, local networks, Tether (USDT), and UPI. It accepts currencies USD, EUR, AED, and CNY, and states there is no deposit limit.

The broker emphasizes that all transactions are protected by advanced security measures and that customers can expect fast withdrawals. It also provides a FAQ section addressing common questions about Forex CFD trading.

Trading Platforms

The broker promotes both MetaTrader 4 and MetaTrader 5 platforms, describing them as secure, speed-focused, and customizable. It highlights that MT4 gives access to 200+ markets across forex, indices, commodities, and ETFs, while MT5 offers access to 2000+ instruments including stocks, indices, commodities, and ETFs.

CMS Prime also mentions a web trading platform that allows trading directly from a browser, and it encourages users to download the platforms for desktop or mobile use. It states that both platforms support algorithmic trading.

About CMSPRIME

Company Overview

CMSPRIME is an online trading broker that presents itself as a provider of forex and CFD trading services. According to our records, the entity is registered in Mauritius and was founded on March 26, 2019. The official website is cmsprime.com. The broker claims a physical representative office in Dubai, UAE, at the International Business Tower, Business Bay.

The broker targets both retail and professional traders, offering a range of account types with varying deposit requirements and leverage options. It promotes itself as a 'trusted online trading broker' and emphasizes its presence in the UAE market.

Regulatory Status

Our known facts indicate that CMSPRIME has no confirmed regulatory licenses from any financial authority. The broker's own website, however, claims regulation by the Financial Services Commission (FSC) of Mauritius under certificate GB19024331, as well as registrations in St Vincent and the Grenadines and Saint Lucia. These claims have not been independently verified.

The absence of a verified Tier-1 or Tier-2 regulator is a significant factor for traders to consider. The broker's legal address in Mauritius and stated registrations in offshore jurisdictions are common among unregulated or lightly regulated forex brokers.

Account Types and Trading Conditions

CMSPRIME offers three live account tiers: Core, Master, and Signature. The Core account is marketed as an entry-level option with a minimum deposit of $100 (though the website also lists $0 or $1000 on different pages), spreads from 1.0 pips, and maximum leverage of 1:500. The Master account requires a $5,000 minimum deposit, spreads from 0.6 pips, and leverage up to 1:200. The Signature account requires $10,000, spreads from 0 pips, and leverage up to 1:100, with a $5 commission per lot.

All accounts provide access to the MetaTrader 4 and MetaTrader 5 platforms, as well as a web trading platform. The broker states that it offers tight spreads, fast execution, and no hidden fees. A demo account is also available for practice.

Trading Instruments

The broker provides a range of trading instruments including forex, metals, indices, commodities, shares, and CFDs. According to its website, traders can access major and minor currency pairs, gold, crude oil, silver, and leading indices. The total number of tradable assets is claimed to be over 1900.

These instruments are available across the different account types, with the higher-tier accounts offering tighter spreads and lower commissions. The broker emphasizes that its multi-asset platform allows diversification across various markets.

Funding and Withdrawals

CMSPRIME supports multiple funding methods, including credit/debit cards (Visa, MasterCard), digital wallets (Apple Pay, Google Pay, C Pay, TC Pay), bank transfers, local payment networks, and cryptocurrency (Tether USDT). Deposits are claimed to be instant and unlimited. The broker accepts deposits in USD, EUR, AED, and CNY.

Withdrawals are processed quickly, and the broker states that all transactions are secured by advanced security measures. Clients can manage their funds through a secure client area on the website.

Target Audience

The broker appears to target traders in the UAE and international clients seeking high leverage and flexible account options. The lower minimum deposit for the Core account appeals to beginners, while the Master and Signature accounts are aimed at more experienced traders with larger capital.

CMSPRIME also promotes educational resources through its Trading Academy and analytical tools from Trading Central, which may attract traders looking for additional support. However, given the unregulated status, the broker is likely best suited for traders who prioritize high leverage and are comfortable with the associated risks.

Social Media and Online Presence

CMSPRIME maintains a presence on major social media platforms including Facebook, Instagram, LinkedIn, Twitter/X, and YouTube. These channels are used to share market news, trading tips, and company updates.

The broker's website is professionally designed and includes detailed information on account types, platforms, and regulations. However, some inconsistencies exist, such as varying minimum deposit figures and contradictory founding years (2019 vs. claimed 'over 22 years' or 'Trusted Since 2004/2025').

Overview compiled by FXCanary from regulatory records and public data. full CMSPRIME review