CMSTrader customer reviews

Updated: April 6, 2026
CMSTrader
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Summary
Multiple reviewers allege that CMS Trader and related brands (Pandorex Ventures, Safeside Trading, 12 Traders) are fraudulent, claiming the advertised UK/London office and phone number are fake and that the operation is actually based in Israel (one review cites 58 Harakevet Street, Tel Aviv, and the name GOM LTD). Complainants report convincing demo-style trading screens showing large account gains (one person described an account growing from $100k to over $1M), but withdrawals are blocked or left “pending” despite document approval, so clients never see their money. Several reviewers name account managers (Chris Miller, Alex, Adam Connor) and accuse them of encouraging larger deposits and risky positions before losses occur. Some users say regulators like the FCA have issued warnings or should be consulted and urge others to search for CMS Trader FCA/FSMA/FPA. A few reviewers claim to have recovered funds with outside help and invite others affected to contact them or a researcher (Giambrone) to pursue restitution, but the predominant advice is to avoid the company and thoroughly research before investing.
Gus Kennedy
27.01.2026 | 05:08

My withdrawal stayed stuck in pending even after every document was approved. With the help of vertel wavẽ I got everything back without hassle

clay
09.03.2025 | 13:44

CMS TRADER is a scamm site dont trust and dont trade with them. i got my money back through the help of my display pic check review

FS
26.03.2021 | 16:47

I am conducting research on CMS trader and would appreciate it if people affected/scammed by it can contact me at Giambrone, especially if you can provide information regarding any court action taken against CMS in the past. Help me bring these people to justice!

Wlodek
30.07.2020 | 15:41

Stay away from them as far as you can. Biggest scam on the planet. My account manager was Adam Connor. He will make sure that you lose all you money. I lost lot's of money because of them. On the begging they will show you few successful trades and when you deposit more money they will encourage to open bigger position. In my case I lost on gold. I was so angry at myself. I hope some will think twice before starts with CMStreder.

Gregory Snowden
05.07.2020 | 00:10

AVOID LIKE THE PLAGUE! DO YOUR RESEARCH BEFORE PARTING WITH YOUR HARD EARNED CASH! IGNORE THIS WARNING AT YOUR PERIL! Search Google for the following:= (COPY AND PASTE ITEMS BELOW INTO GOOGLE INDIVIDUALY) CMS TRADER FCA CMS TRADER FSMA CMS TRADER REVIEWS FPA

Harry Thomas
06.03.2020 | 13:11

I was stupid enough to invest in this company via a friend. Initially it all looked great and my account grew to well over 1m dollars from 100k! Chris Miller and Alex our little Israeli heroes of Safeside trading claiming they are Forex brokers in Cyprus when really they are somewhere in eastern Europe hiding behind very convincing demo screens and taking all your money. They prey on stupid greedy people so if you don't heed this warning then you too will be parting company from your savings. I feel sick and utterly confused as to what to do and don't wish this on my enemies. 12 Traders, CMS traders,Safeside trading are all crooks with funny accents!! At the end of the day all i had was hope that i would get all my money back from them. I did some research and i could tell you all that I got all my money back. Click on my profile to get in touch with me if truly you had dealings with this fraudulent souls. You can also get your money back.

Andrew Dickson
09.09.2019 | 17:46

Pandorex Ventures or CMS Traders or Safeside trading do not have a London office as I have been there. it is unmanned and the security office has never heard of any of these companies. the phone line is unobtainable too? this company are based in 58 Harakevet street Tel Aviv by the name of GOM LTD. an Isreal based company working outside of all jurisdictions and the FCA are concerned so have put out warnings that you should not invest your money.

Andy
04.09.2019 | 22:27

This company say they have a base in the UK but the phone number is unobtainable and the address in london is not real. After in depth investigation s we find they are in Homs in Isreal and all brokers have past histories of working in this fake company. Pandorex ventures or Safeside trading are spin off s to trap unsuspecting investors. You will see great trades on your account but you will never see the money.

Tony Crute
24.04.2019 | 10:54

CMS TRADER IS A SCAM COMPANY THEY ARE THIEVES AND SHOULD BE PROSECTED FOR FRAUD AND DECEPTION.

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