You can access financial markets on three types of trading platform at CMSTrader. The SIRIX Web Trader, the SIRIX Station and the SIRIX Mobile Trader. We discuss the web trader and mobile trader in this review, as the SIRIX Station is a much more sophisticated trading platform for advanced traders.
The SIRIX Web Trader platform claims to be the most innovative platform of the decade and is instantly accessible on desktop without any software download.
The SIRIX Web Trader has several exclusive features not seen on other Forex trading platforms and essentially, it’s very easy to use and monitor. Traders don’t need to waste time getting familiar with complex features, making the SIRIX platform suitable for novice Forex traders. You can actually describe it.
The SIRIX mobile trader offers traders the same services as the desktop version, but it’s optimised for smart mobile devices. CMSTrader mobile trading apps are available for Android and iOS mobile devices, from the Apple APP Store and the Google Play Store.
SIRIX Web Trader and Mobile Trader are easy to navigate and offer clients a broad range of trading tools suitable for inexperienced newcomers and traders with experience in Forex trading.
The SIRIX Web Trader and Mobile Trader is designed for real time Forex trading as well as trading in CFDs, crypto-currencies, Saudi Stocks, commodities, stock indices and precious metals. The trading platform shows up-to-date buy and sell prices, simple graphics, easy to use trading tools and clearly explained trading strategies.
What’s more, you can seamlessly adjust the size of your trading lots and place orders with just one click. Significantly, CMSTrader offers its clients the opportunity to trade with leverage through ‘Margin Trading’.
This allows traders to take a larger position in the Forex markets and possibly earn a much higher return on investment. Margin trading is explained in detail on the CMSTrader website and should be read carefully as financial risk is involved.
Free Trading Signals
CMSTrader offers free Forex trading recommendations to clients through easy to use trading signals. The recommendations are totally automated so there are no human emotions involved and are reputed to have a high success rate. Signals are sent directly to traders’ accounts recommending trading actions at certain points. The most important trading signals offered on CMSTrader trading platform include:
- Recommendations about buying and selling levels, for currency pairs.
- Signals related to the level at which orders must be given, to stop losses in Forex trading.
- Recommendations about the best trading positions for making profits.
- Suggested levels to start trading on the Forex platform.
CMSTrader Fixed and Variable Spreads
We found the minimum fixed and variable spreads starting at 2 pips for Mini and Silver accounts quite high at CMSTrader. However, Gold account holders enjoy lower minimum spreads starting from 1 pip.
Education at CMSTrader
We were impressed with the free educational package offered on the CMSTrader website. It’s certainly worth consulting the Education menu if you are a newbie to Forex trading, as the content covers all aspects of trading and can enhance your trading results substantially. Even professional traders can benefit from the advanced trading strategies offered in the educational program.
Clients are introduced to trading through video tutorials, Forex trading courses, ‘how to make money online’ and CMS Webinars. Technical analysis of Forex markets is clearly explained as well as Social Trading, where traders benefit from watching what other traders do, on the innovative CMSTrader Social Trading platform.