Futures Trading with CMS

When trading futures with CMS, you have the option of choosing between two state-of-the-art platforms, Vision Advantage and QST. With an account, you will also have access to ION Customer Portal, providing you with a myriad of informative futures trading resources.

QST
QST is an intuitive industry-leading platform, which combines quick and flexible order management with a dynamic charting package. QST provides traders with fast and flexible order management and boasts a simple order entry function—simply left click to buy and right click to sell. QST also features tabbing, so that users can view several instruments in each window, allowing users to organize their trading space according to their individual specifications. Tabs may even be dragged and dropped into external windows for further workspace customization. The QST technical analysis package features fifteen drawing tools and thirty-nine preset technical indicators. For added convenience, the Custom Indicator Builder allows users to write formulas to create new indicators.

Get access to QST for FREE
CMS Forex is now offering a promotion where traders who trade more than 150 contracts per month can receive our QST platform for FREE. If a trader trades less than 150 contracts per month, QST may be offered at a discounted rate depending on the number of contracts traded. Discounts to the cost of QST will be applied at the end of the month.

Contracts per month	Cost of QST per month
>150	Free
120 – 149	$49
90 – 119	$99
60 – 89	$149
30 – 59	$199
0 – 29	$249

Vision Advantage
Vision Financial Markets’ in-house development team has incorporated nearly 5 years of customer feedback to create an intuitive order entry and market analysis tool. This comprehensive and user-friendly platform is designed for both the beginner and experienced futures trader. With Vision Advantage, users will no longer have to sacrifice quality execution for ease of operation; access all major features, including real-time quoting, charting, fundamental and technical analysis tools, with just a click of your mouse. Vision Advantage features over 60 drawing tools, allowing you to use trendlines, regression channels, Fibonacci retracement levels, and a multitude of other tools in your technical analysis. You can also choose to display several different technical indicators at once and overlap them on your charts for better market analysis.

Easy Access to News Headlines and Resources
Through ION Customer Portal, traders have access to a number of informative features, such as commodity quotes, charts, and educational trading tools, such as margin sheets and an electronics futures calendar. Fundamental traders will enjoy up-to-date futures news headlines and daily and weekly futures research reports. With ION, traders can also obtain their account information and daily statements. 

CMS Forex Now offers Futures Trading

Looking to tap into the global futures market? Trade Futures with CMS Forex.

Now you can add Futures to your portfolio. CMS Forex provides an excellent opportunity to expand into other markets, diversify your investments, and create strategies that use futures to complement your Forex trading.

Along with offering spot currency trading, CMS Forex offers opportunities to trade a broad range of futures products, including interest rates, stock indexes, currency futures, energy and metals, agriculture products, and other commodities.

You will have easy access to premium research reports and trading recommendations, including in-depth Commitment of Traders reports every Friday. Enjoy comprehensive back-office support and quality execution services, including online statements. You can even speak to a representative and have your trades input at no additional cost!

Place your trades electronically through one of our reputable platforms, Vision Advantage and QST. Our platforms feature dynamic charting and informative fundamental and technical analysis resources, providing users with a well-rounded trading environment. Coupled with our competitive fee structure, you can expect the same level of service from a leading broker you already trust with your Forex trading.

Get Access to QST for FREE
Traders who trade more than 150 contracts per month can receive our QST platform for FREE. When trading less than 150 contracts per month, QST may be offered at a discounted rate depending on the number of contracts traded. Discounts will be applied to the cost of QST at the end of the month.

Contracts per month	Cost of QST per month
>150	Free
120 – 149	$49
90 – 119	$99
60 – 89	$149
30 – 59	$199
0 – 29	$249

Guide to Futures Trading Unfamiliar with futures trading? CMS offers a free downloadable white paper which provides a basic overview of futures covering the different types of futures traders, commodities traded, fundamental vs. technical analysis, placing orders, and margin requirements.

For additional information, you may contact a Futures Account Executive at futuresinfo@cmsfx.com or 212-563-2100 ext. 4199.

CMS introduces clients to Vision Financial Markets.

Funds can only be deposited in the following currencies: USD, EUR, JPY, GBP, CAD, AUD, NZD, and CHF.

Futures trading involves a substantial risk of loss and may not be suitable for all investors.

Quality Dealing Services

As a Forex trader, you don’t want your hard work to be undermined by substandard dealing desk staff. The CMS Forex team of experienced dealers is dedicated to ensuring that your trades are executed in the most timely and accurate manner possible. Unlike some other Forex brokers, we will never execute a market order at a price other than one which you approve. In addition, our dealers will often execute your order at your original price even if the market has moved against you — another practice that sets CMS Forex apart from the average broker.

The CMS Forex dealing desk strives to provide its clients with some of the fairest and highest quality order execution in the market. Our dealing desk offers both online as well as phone based execution when necessary. Our dealing support team is available 24 hours a day to handle dealing related issues and disputes.

Market Orders
Market orders are created when a trader wants to open a position at the current market price. After the trader clicks on a price, he or she must confirm the price prior to execution. The price sent to the dealing desk will be the price shown in the confirmation window the moment the trader accepted the trade. CMS Forex will execute the trade in real-time if the available price is at or within a few pips of the requested price. Once the order is executed the opened position instantaneousely appears on the client’s trading platform.

If the market has moved and no price within a few pips of the requested price is available, the dealing desk will send the client a requote at the most current market price. The client can then either accept or reject the requote. Orders will never be executed at the new price without the client’s prior consent. This means that there is never slippage on market orders. Slippage is defined as the difference between the price approved by the client and the price at which the order is actually executed.

In an attempt to decrease the occurrence of requotes during fast moving markets and to help guarantee effective market entry during major jumps in market price, CMS Forex has introduced a Trader’s Range feature in its VT Trader software. The Trader’s Range option allows clients to automatically approve requotes within a chosen range. For example, if Trader’s Range is set to 10, requotes within ten pips of the requested price will be processed without requiring the client’s confirmation. Please note that because orders placed by trading systems are classified as market orders, they are subject to requoting as per market order processing procedures.

Conditional Orders (stops, limits, entry stops and entry limits)
Conditional orders are triggered when the market price reaches the price specified in the order. When this happens, the client’s initial order is activated, requesting that the order be filled at the specified price. Under normal market conditions, CMS Forex will honor the specified price on conditional orders of up to 100 mini or 10 standard lots. Larger orders as well as orders executed in extremely volatile markets will be executed at the next available quote if the market has passed over the requested price. This is known to occur over the weekend, when Sunday’s opening price is sometimes significantly different from Friday’s closing and during major market moves.

Many Forex dealers widen their spreads prior to a major market move, thus making market entry more difficult. We may limit the placement of new conditional orders to at least 35 pips away from the current market price for approximately 15 minutes before major news announcements. Under normal market conditions you may place conditional orders as close as 5 pips from the market price

The CMS Forex Advantage

Competitive spreads as low as 2 pips
CMS Forex offers competitive spreads in 25 currency pairs. Receive a 1-pip volume rebate on every 5 lot trade. Read more »

Real-time trade execution
We pride ourselves on fast, fair, and reliable order execution. CMS Forex ensures the price you click is the price you get.* Read more »

Trade mini or standard size lots
Our Universal trading account allows clients to easily trade both 10k mini and 100k standard lots without the need to open an additional account. Read more »

Low minimum deposit
CMS Forex makes it easy for novice traders to get started by allowing you to trade Forex with a minimum initial deposit of only $200 USD. Read more »

Over 100 technical indicators
CMS Forex offers over 100 of the most powerful technical indicators. Technical indicators help traders gain a better
understanding of market movements. Read more »

Access to fundamental analysis tools
We offer access to fundamental analysis such expert commentaries by professional market strategists, and economic data release calendars. Read more »

Rollover interest
Both mini and standard lot positions held after 5pm EST are credited or charged rollover interest reflecting the difference in interest rates between the two currencies being traded. Read more »

Interest on unused margin
Accounts with initial deposits of 10,000 USD or greater will receive 2% interest on unused margin.† Read more »

Up to 400:1 leverage
Increase your buying power. The margin you put down on a trade can control a position up to 400 times greater in size. This may increase the size of your potential profits, as well as losses.
Read more »

Quality customer service
Friendly and helpful customer service representatives are available by phone, live chat, and e-mail. Our dealing desk and support department are available 24 hours a day. Read more »

Forex education
Online Forex tutorials and courses guide you every step of the way toward gaining knowledge about Forex, trading strategies, and our proprietary trading software. Read more »

Combine the CMS Advantage with CMS Forex’s powerful Visual Trading software and ample educational and news resources, and you can be sure you are getting one of the best values in the Forex market. 

Trading Sotware - VT Trader

Since its inception, CMS Forex’s VT Trader™ has been a
comprehensive and easy to use Forex trading toolkit and
a pioneer in the industry.

Easy access to powerful tools

Highly developed charting technology

Advanced customization

Reuters news and market analysis

Sophistication and convenience set VT Trader™ apart from other Forex 

Learn Forex with CMS

FOREX (the Foreign Exchange market) is an international market where participants speculate on the value of different currencies, buying and selling dollars, pounds, euros, and other currencies.

There are only a few major currencies to follow, compared to hundreds of stocks in the equities market. In order to get started understanding Forex, sign up for a free practice account today and learn as you trade!

Trading risk free with a practice account is the best way to get familiar with this ever-growing market. And once you are signed up, CMS Forex will provide you with thorough educational resources to guide you along the way.

So don't wait, take this opportunity to get started trading Forex! 

Programming Services

Strategy Consulting

As a leader in the retail currency trading markets, FXCM Programming Services is able to leverage its experience and expertise to help clients implement their automated strategy designs on platforms such as TradeStation, MetaTrader, among others, upon request.

Automated strategies are useful for both seasoned and novice traders alike. Clients often favor trading certain currencies, types of markets, or times of day. An automated strategy allows a program to trade what and when you want to. As an example, if you prefer trading range-bound markets, develop a trending strategy to compliment your style. Additions like this can make a trader's overall approach more complete.

FXCM's team of expert programmers can take your trading concepts and implement an automated strategy in the language of your choice, on the platform of your choice. With the assistance of FXCM Programming Services a lack of programming experience is no longer a barrier to the rapid development of your automated strategy.

Consider the following benefits of using automated trading strategies in the forex market: • Automated strategies lack emotion when trading. • Trading using predefined programmed rules allows virtually instant decision making in
   active markets. • Defining set ways to manage money and risk allows a trader to maintain discipline. • The 24-hour-a-day nature and deep liquidity of the forex market lends itself well to technical trading. • An automated strategy never sleeps, has to go to work, or needs to step away for lunch.
   It runs until its turned off. Get Started In order to obtain a strategy-consulting quote, please submit your specifications via the Request For Quote (RFQ) link. If you have any specific questions or concerns, we encourage you to contact one of our representatives.

The standard hourly service rate is $100.

Forex System Selector (FSS)

Automated Currency Trading Remove the Emotion and Guesswork from Trading Create Customized Portfolio from over 40 Back-Tested Systems Automate Your Trading to Capture Opportunities 24 Hours a Day Web-Based Automated Trading Platform—View Performance Anywhere Launch FSS Platform Free Demo Account Overview View Top Performing and Added Systems* Training Videos and Forums Request Help from a Specialist Open an Account Live Chat Live Chat and Ask Questions — 24/7 Top Performing and Top added systems in Forex System Selector View the Forex System Selector video How It Works: 3-Step Process: Check, Select and Apply! With Forex System Selector, currency trading is a simple 3-step process. All you need to do is: Check the available systems Select the systems that you like based on performance or your criteria Apply the systems to your portfolio and view the performance Why Forex System Selector? Many traders struggle with the following: What makes currency rates move? How will I develop a strategy to trade in this market? How do I find the time to trade in this market? Forex System Selector will help you to: Identify potential for improved returns Diversify from other investments Trade 24 hours a day when you're not available Provide risk management options for you to select Fee Structure Forex System Selector accounts incur a $1 round turn commission per Standard (10K) lot traded (in addition to the bid/ask spread compensation to FXCM). System Performance Results: View Top Performing & Added Systems View top performing and added systems on a weekly and monthly basis.

FXCM Active Trader

Trade With An Edge: Level II Type Market Depth

• EUR/USD 0.7 pips, GBP/USD 1.8 pips
• No Dealing Desk* (Agency) Execution
• 5 Levels of Market Depth
• Lower Commissions For High-Volume Traders
• Web-Based Trading Platform

Free Active Trader Demo AccountOpen Platform

Minimum: $25,000 Deposit

• Overview
• Commissions and Spreads
• Market Depth and
  Platform Features
• Gold Features
• Contact Us

View the Active
Trader Video

Open an Active
Trader Account

Learn strategies
to use on
Active Trader Platform

FXCM Active Trader Platform: Shows Market Liquidity and Gives You the Speed to Exploit It

• Minimum: $25,000 deposit OR trade more than 10M per month in notional volume

Why Trade With a Limited View of the Market?

Active Trader provides a three-dimensional market view: Price, Available Liquidity, and Market Depth. Active Trader gives you the same type of view as a market maker.

• 5 Levels of Market Depth
• View Available Liquidity at Each Price Level

1-Click Market Orders with the option to pre-set stops/limits

• Ideal for scalping and short-term trading

1-Click Entry Orders

FXCM's Active Trader is an agency/external execution platform, with commissions determined by trading volume.

Forex Trading Platform

Key Features
	The FX Trading Station is equipped with cutting-edge technology, including some of the best execution in the forex industry and the ability to trade directly on charts. Below you can learn about the individual features of the platform.
	Streaming Quotes Trading From Charts Orders Types Hedging Reporting One-Click Trading MyFXCM Customization
	Forex Trading Station Support User Guide
	Free $50,000 Practice Account  Live Streaming Prices    Trading from Charts  24-Hour Customer Support

Forex Trading Education

FXCM has developed a series of courses that are designed to teach the novice trader to trade like a professional.  Watch this video to learn more about FXCM's 3-Step Education Program.

FX Power Course Beginner Learn more • Use charts to identify trading opportunities. • Trade the market based on news events and economic data. • Learn to maximize your trading opportunities while managing risks. • Over 12,000 students enrolled since inception.

Trading the Majors Intermediate Learn more • Learn 3 strategies for trading EUR, JPY, and GBP. • Learn how to identify carry trade opportunities. • Trade as a professional using technical indicators. • Learn how to leverage the correlation between forex and the   commodities market.

Day Trading Course Advanced Learn more • Receive 6 specific strategies for trading economic indicators. • Discover high probability, short-term chart set-ups. • Learn how to strategically trade a range-bound market. • Learn how to exploit proprietary trading models that give you   an edge over other traders.

DailyFX Course Free Forex Seminars

FREE interactive online forex seminar. Convenient times in Asian, European, and US trading hours. Real-time Q&A with knowledgeable trading professionals.


Monday

Getting Started in Forex		2:00 pm EST (19:00 GMT) and 9:00 pm EST (02:00 GMT)
An introductory seminar that teaches you common methods for beginners to start trading forex, presented in real time. Personal consultations are available upon request.
Current market themes. Educational opportunities. Transitioning from demo to live trading.

Tuesday

Range Trading From Charts	2:00 pm EST (19:00 GMT) and 9:00 pm EST (02:00 GMT)
See how you can use powerful Marketscope charts to place trades in this introduction to range-trading strategy.
Learn how to range trade: pick tops and bottoms. Use entry orders to range trade strategically. Discuss today's range-trading opportunities.

DailyFX+ Live		12:00 pm EST (17:00 GMT) and 7:00 pm EST (00:00 GMT)
Experience the power of DailyFX+ in a live video walkthrough!
Discuss current market movements. Discuss the day's price action. Identify signals for immediate trading. How to use DailyFX+ to find trades.

Wednesday

Building Your Portfolio		2:00 pm EST (19:00 GMT) and 9:00 pm EST (2:00 GMT)
Follow five simple steps to help you build your portfolio with the Forex System Selector.
Learn how to pick a system. Pick systems that match your needs and risk appetite. Mix and match from over 40 different systems to create your optimum portfolio. Set parameters for each system to automatically manage your portfolio.

Thursday

Euro Trading Tips		9:00 pm EST (02:00 GMT)
Learn to identify trends and trading opportunities with the euro. See and discuss important chart patterns and current events with a euro trader.
Learn the best time to trade the euro. Learn how to anticipate movements and confirm trends in the euro. Discuss what’s happening in the euro today with a Power Course instructor.

DailyFX+ Live		12:00 pm EST (17:00 GMT) and 7:00 pm EST (00:00 GMT)
Experience the power of DailyFX+ in a live video walkthrough!
Discuss current market movements. Discuss the day's price action. Identify signals for immediate trading. How to use DailyFX+ to find trades.

Friday

Euro Trading Tips		2:00 pm EST (19:00 GMT)
Learn to identify trends and trading opportunities with the euro. See and discuss important chart patterns and current events with a euro trader.
Learn the best time to trade the euro. Learn how to anticipate movements and confirm trends in the euro. Discuss what’s happening in the euro today with a Power Course instructor.

Pakistan Open Market Forex Rates

Remittance	Symbol	Buying	Selling	Charts
US Dollar DD	USD-DD	80.65	81.3
US Dollar TT	USD-TT	80.65	81.3
Currency	Symbol	Buying	Selling	Charts
Australian Dollar	AUD	58.7	60
Bahrain Dinar	BHD	212.4	215
Canadian Dollar	CAD	67.7	69
China Yuan	CNY	11.25	12
Danish Krone	DKK	14.25	14.5
Euro	EUR	106.75	108.75
Hong Kong Dollar	HKD	10.3	10.5
Indian Rupee	INR	1.6	1.7
Japanese Yen	JPY	0.8	0.81
Kuwaiti Dinar	KWD	274.5	277
Malaysian Ringgit	MYR	22.2	22.8
NewZealand $	NZD	45.8	46.8
Norwegians Krone	NOK	12.2	12.5
Omani Riyal	OMR	208.1	210
Qatari Riyal	QAR	22	22.25
Saudi Riyal	SAR	21.35	21.55
Singapore Dollar	SGD	54	55.3
Swedish Korona	SEK	9.9	10.2
Swiss Franc	CHF	70.6	71.6
Thai Bhat	THB	2.2	2.4
U.A.E Dirham	AED	21.85	22.05
UK Pound Sterling	GBP	119.75	121.75
US Dollar	USD	80.75	81.1