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RM Investment Bank

Malaysia|2-5 years|
Regulated in Malaysia|Suspicious Regulatory License|White label MT4|Global Business|Malaysia Straight Through Processing(STP) Revoked|High potential risk|

https://www.rmib.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

11
Server Name
RoboMarketsAsia-Demo MT4
Server Location Netherlands

Contact

+60 87413780
info@robomarkets.asia
https://www.rmib.com/
Level 6 (B), Main Office Tower, Financial Park Complex, 87000 Wilayah Persekutuan Labuan

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+60 87413780

Broker Information

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Company Name

RM Investment Bank Ltd

Company Abbreviation

RM Investment Bank

Platform registered country and region

Malaysia

Company website
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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • MalaysiaLFSA (license number: MB/19/0034) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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RM Investment Bank · Company Summary

Aspect Information
Company Name CMS Financial
Registered Country/Area United Arab Emirates
Founded year 2023
Regulation Not regulated
Market Instruments Forex, commodities, indices, stock CFDs
Minimum Deposit N/A
Maximum Leverage Up to 1:100
Spreads As low as 0 pips
Trading Platforms N/A
Customer Support Phone: +971 (4) 44 74 712, Email: support@cmsfinancial.ae
Demo Account Yes

Overview of CMS Financial

CMS Financial, based in the United Arab Emirates since 2023, offers a wide array of trading assets, including Forex, commodities, indices, and stock CFDs.

The platform provides traders with advanced features and personalized market insights. Leverage up to 1:100 and competitive spreads as low as 0 pips are among its advantages, enabling traders to amplify potential profits and reduce transaction costs.

However, the platform operates without regulatory oversight, posing risks for investors due to potential lack of accountability and legal protection. Despite this, its comprehensive range of trading instruments and technological features continue to attract traders seeking various investment opportunities.

Overview of CMS Financial

Regulatory Status

CMS Financial operates without regulatory oversight.

This absence of supervision poses significant risks. Without regulation, there's no assurance of fair practices, transparency, or protection for investors. This can lead to potential fraud, mismanagement of funds, and unchecked market manipulation.

Investors are vulnerable to losses due to lack of recourse or legal protection. Unregulated entities like CMS Financial operate in a financial Wild West, where accountability is scarce, and the likelihood of exploitation is high.

Pros and Cons

Pros Cons
Wide range of trading instruments Lack of regulatory oversight
In-Depth Research & Analysis Limited educational resources
Personalized market insights
Leverage up to 1:100
No sign-up fees and tight spreads as low as 0 pips

Pros:

  1. Wide Range of Trading Instruments: CMS Financial offers a wide selection of trading instruments, including Forex, commodities, indices, and stock CFDs.

  2. In-Depth Research & Analysis: CMS Financial provides comprehensive research and analysis tools to assist traders in making informed decisions. This includes market insights, technical analysis, and fundamental analysis reports.

  3. Personalized Market Insights: The platform offers personalized market insights to assist traders in making informed decisions. These insights may include technical analysis, fundamental analysis, market news, and expert commentary.

  4. Leverage up to 1:100: CMS Financial offers leverage up to 1:100 for eligible traders. Leverage allows traders to control larger positions with a smaller amount of capital, amplifying potential profits.

  5. No Sign-up Fees and Tight Spreads as Low as 0 Pips: CMS Financial does not charge any sign-up fees, making it accessible to traders of all levels. Additionally, the platform offers competitive spreads, with rates as low as 0 pips on certain trading instruments.

Cons:

  1. Lack of Regulatory Oversight: One significant drawback of CMS Financial is the lack of regulatory oversight. Operating without regulatory supervision poses risks for investors, including potential lack of accountability and legal protection.

  2. Limited Educational Resources: Another drawback of CMS Financial is the limited availability of educational resources. Insufficient educational materials may hinder traders' ability to learn about trading strategies, market analysis techniques, and risk management practices.

Pros and Cons

Market Instruments

CMS Financial offers a range of trading assets across various markets.

These assets include Forex, where users can trade over 50 currency pairs in the forex markets.

Market Instruments

The platform also provides access to Commodities, enabling investors to trade in resources such as gold, oil, and agricultural products. Commodities trading allows users to dive into essential assets like Gold, Silver, and Oil.

Market Instruments

For traders interested in commodities, CMS Financial offers spot and future contracts. Spot contracts remove expiry concerns, while future contracts feature auto-roll functionality, saving traders the need to reopen trades on subsequent contracts. Futures Contracts are frequently used in commodities trading, allowing traders to exchange contracts at predetermined prices and dates without owning the underlying asset.

Additionally, traders can engage in Indices Trading, speculating on the performance of stock market indices like the S&P 500 or FTSE 100. Indices serve as economic, industrial, or sectoral performance barometers, comprising collections of publicly traded stocks to gauge broader market trends.

Furthermore, CMS Financial offers Stock CFDs, providing opportunities to trade Contracts for Difference based on the price movements of individual company shares.

Additionally, traders can engage in Indices trading, which involves speculating on the performance of stock market indices like the S&P 500 or FTSE 100.

Furthermore, CMS Financial offers Stock CFDs, providing opportunities to trade Contracts for Difference (CFDs) based on the price movements of individual company shares.

Account Types

CMS Financial offers two types of accounts: live accounts and demo accounts.

Account Types

A live account allows users to trade with real money, giving them the opportunity to experience the real market conditions and potentially earn profits.

On the other hand, a demo account provides users with a simulated trading environment using virtual money. This allows users to practice trading strategies, familiarize themselves with the platform, and test their skills without risking any real capital. Demo accounts serve as invaluable tools for beginners to gain confidence, seasoned traders to refine their techniques, and everyone in between to explore the market risk-free.

Account Types

How to Open an Account?

  1. Sign Up: Begin by selecting the account type that aligns with your trading preferences and goals on the CMS Financial website. Provide accurate personal information as required for account registration.

  2. Deposit: Once registered, proceed to fund your chosen trading account securely. CMS Financial typically offers various payment methods for depositing funds, including bank transfers, credit/debit cards, and electronic wallets.

  3. Account Verification: Complete the necessary verification process to comply with regulatory requirements. This often involves submitting identification documents such as a passport or driver's license, as well as proof of address.

  4. Platform Access: After your account is verified and funded, you'll gain access to CMS Financial's trading platform. Download and install the platform on your preferred device, or access it via a web browser.

  5. Trade: With your account set up, funds deposited, and access to the trading platform secured, you're ready to start trading. Execute trades based on your analysis and strategy, always making informed decisions to grow and manage your investments effectively.

How to Open an Account?

Leverage

CMS Financial offers a maximum leverage of 1:100 to its traders. This means that for every dollar of capital invested, traders can access up to 100 times that amount in trading positions. While high leverage can amplify potential profits, it also significantly increases the risk of losses.

Leverage

Spreads & Commissions

CMS Financial offers competitive spreads, with rates as low as 0 pips on certain trading instruments.

The spread refers to the difference between the buying (ask) and selling (bid) prices of a financial instrument. With spreads as low as 0 pips, traders can benefit from minimal transaction costs, enhancing their potential profits.

Spreads & Commissions

Customer Support

CMS Financial offers customer support through various channels.

Traders can reach out for assistance via phone at +971 (4) 44 74 712 or through email at support@cmsfinancial.ae.

The support team is available to address inquiries, resolve issues, and provide guidance regarding trading activities. Whether traders require assistance with account-related queries, technical issues, or general inquiries, the customer support team provides prompt and helpful assistance.

Customer Support

Conclusion

In conclusion, CMS Financial, based in the United Arab Emirates since 2023, offers a wide array of trading instruments, competitive spreads, and leverage up to 1:100. Despite its strengths, such as a wide range of market instruments and personalized market insights, the platform operates without regulatory oversight, potentially exposing traders to risks.

Although CMS Financial provides opportunities for various trading strategies and cost-effective transactions, traders should carefully consider the lack of regulation and support services when evaluating the platform for their investment needs.

FAQs

  1. Question: What trading instruments does CMS Financial offer?

  1. Answer: CMS Financial offers Forex, commodities, indices, and stock CFDs.

  1. Question: Is CMS Financial regulated?

  1. Answer: No, CMS Financial operates without regulatory oversight.

  1. Question: What is the minimum deposit required to open an account?

  1. Answer: The minimum deposit to open an account is $100.

  1. Question: How can I contact customer support?

  1. Answer: You can contact customer support via phone at +971 (4) 44 74 712 or email at support@cmsfinancial.ae.

  1. Question: What is the maximum leverage offered?

  1. Answer: CMS Financial offers leverage up to 1:100 for eligible traders.

User Reviews

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6

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FX1638635801
more than one year
Absolutely a scam!! Everyone says they manipulate charts, and I finally believe it now. Just started today, couldn't get into the market at my input price even though the price I wanted was showing on the screen when I tried. Very frustrated, but you live and learn, right? The bonuses lured me in, so don't get tempted by bonuses, go elsewhere if you're thinking about trying it out yourself. But if you must, just don't risk too much of your hard-earned money.
2024-03-08 18:52
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0
0
FX1490436618
more than one year
I took a shot at this platform, fully aware of the suspicious 'cloned' Market Making license - a bit of a thrill rollercoaster, eh? But man, their 12,000+ financial markets are quite the spectacle; indices, metals, you name it. They've got the freebie vibe going on with no deposit fees and twice a month free withdrawal. Made my pocket lighter by 100 USD for the deposit, and I was ready to ‘Prime’ up the game. Just a nod to their reliable live chat support and their safety measures with segregated accounts. Just be informed, the regulation front seems a bit murky.
2023-12-04 14:11
Reply
0
0
trgesgbv
more than one year
So, dived into this trading platform recently, despite its fishy licensing scene with the LFSA. But let me tell ya, the sheer range of financial markets had me hooked - from stocks to soft commodities, they've got it covered. And no deposit fees? Yes, please! Started out with an easy 100 USD deposit, and I was rolling with the R StocksTrader account. Another brownie point - their live chat support pretty much never sleeps. Security-wise, they're not sleeping on their laurels, despite the licensing issue. Got to appreciate that negative balance protection.
2023-12-01 15:14
Reply
0
0
fx1932880239
3-6months
Disclosed by the Malaysian Securities Regulatory Commission
2023-11-14 20:25
Reply
0
0
汉弘Stone 穿戴科技全球加盟
more than one year
RM Investment’s StocksTrader is not reliable, losing connection frequently. I have to say, they should spend more time on developing their proprietary trading platform…
2023-02-20 09:30
Reply
0
0
FX1127426448
more than one year
Best possible funded trading opportunities, Aimed towards helping the trader achieve their goals. Well-structured Learning environment. A supportive and friendly team is always available. Highly recommended.
2022-12-08 15:19
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0
0
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