I have been contacted by CMS trader, a broker which is advertised in investing.com They tried to convince me to make a $500 or higher deposit for two hours on the phone (I guess they got my phone number from investing.com) which seems really suspicious. On forex peace army they have four negative reviews. I checked their financial service provider on New Zealand and they chanced the company name two years ago from something like "CMS ventures" to "Pandorex". I am inclined to think they are a scam, what do you think? submitted by
May 28th, 2018
Dear potential investors,
I'm Nguyen Nam Hai, C.E.O of ClickGem Project (ClickGem Inc – Belize), you can call me as Hai!
First of all, thanks for your interest in ClickGem Project, this is the honor of our development team!
Second, although you can find all information about ClickGem project on the internet, I still want to provide you a brief summary and explain which can help you to understand this project easily and fully: - ClickGem project is creating a new payment system which is much better than all current payment systems, include PayPal and other similar payment systems! We are focusing on developing a payment gateway (paygate) which can support to pay and receive payment with multiple different currencies (both cryptocurrencies and fiat money), it has a special feature for exchange currency instantly during transaction, through exchange floors (this is an important advantage because buyers can pay by any currency and they not need to match with currency which sellers want to receive, and always get the lowest exchange rates from the market) and very low fee. That is our core application! Then we will develop additional an ecosystem of applications and APIs to support that core application. We will also develop two-directions API for our paygate so it can integrate with other forex/cryptocurrency exchanges to increase liquidity and have more chances to find the lowest exchange rate when exchange currency for buyers/sellers when they using our paygate. - Another advantage of ClickGem paygate: at this time, not many merchants/sellers are ready to accept payments for their business by cryptocurrencies because of many reasons (tax declaration, risks of the exchange rate, risks of the liquidity, risks with the law - not many governments allow cryptocurrency business) while in fact have a lot of people owned cryptocurrencies want to use it as currencies for shopping, for payment... ClickGem paygate will support for cross-exchange between Fiat currency and cryptocurrency and it will be a solution to connect people owning cryptocurrency with all merchants/sellers around the world. - ClickGem is a project started from January 2018 that aims to create all tools and applications which will support and encourage people to use more cryptocurrencies in different fields of the real life instead of only trading them like stocks/currencies/commodities on exchanges floors on the internet. Until now, we achieved some points on our roadmap and launched some important working applications. Our development team are still improving those applications (add more features, improve processing speed and security, optimize user interface) and developing new applications to build ClickGem ecosystem. You can see our roadmap at here: https://www.clickgem.com/roadmap.html
. You can also test our applications by register an account on the website! - ClickGem project also has its own cryptocurrency called ClickGem (CGM). Web wallet, full-node wallet for Linux and block explorer had been launched already. Full-node wallet for Windows and MacOS are estimated to be launched in next month (June 2018)! Because ClickGem project focuses solely on developing an ecosystem of applications which support for all cryptocurrencies, so the CGM cryptocurrency is simply forked from Litecoin open source. However, we think it is good enough to use as a cryptocurrency, no need any new additional features! - ClickGem project is a service provider and we will generate profits mainly from collect fees from people who used our tools and applications. We released our owned cryptocurrency to raise fund from the community to have more budget for ClickGem project development. ClickGem cryptocurrency has all the same function with other currencies which supported by our system. But our users will always get 50% discount on every fee when utilizing ClickGem cryptocurrency (cheaper fee than other currencies). Especially, some future applications in ClickGem ecosystem will only support for ClickGem cryptocurrency. People can also trade ClickGem cryptocurrency in many other public exchange floors. When ClickGem ecosystem is fully developed and present at all of its target markets, it will have a lot of users around the world. Needs of CGM cryptocurrency will increase a lot (because it has a lot of incentives compared to other cryptocurrencies which supported in ClickGem ecosystem) while its maximum supply is only 30 million, so its price will increase rapidly! - Until this time (May 2018), ClickGem website has very good ranking, over 60,000 registered users and over 22,000 followers on Telegram and still increasing day by day. - ClickGem is a young project but developer team is professional and high qualified but, above all, is very motivated in achieving predetermined goals.
If ClickGem project succeeded: - It will help all merchants/sellers have a better way to receive payment and have more buyers. - It will help all buyers have a new payment method which is more flexible and better than all old methods, easier for online shopping. - It will help all people who owning cryptocurrency can use their cryptocurrency to do more things than only trading it on exchange floors. - It will help many exchange floors (include Forex and cryptocurrency exchanges) have more buy orders and improve liquidity. - It will accelerate the implementation and application of global blockchain technology.
ClickGem project will be a global service like PayPal, Amazon, Alibaba or Aliexpress so it can access all markets in the world and its scalability is unlimited!
Our project will attend to ICORace event (www.icorace.ch
) in Switzerland on June 6/7th. Have over 100 ICO applications sent to ICORace, but our project is on top 20 ICO projects which will enter semi-finals! That means our project is highly appreciated by the ICORace organizer. We will have a chance to present our project as a speaker to a lot of investors at there. This is a very good chance to attract people from ICORace event to our project!
Our project also attended to the 2nd Global Fintech & Blockchain China Expo 2018 at Shanghai (China) on last month (April 2018) and attended to the World BlockChain CryptoCurrency Summit Moscow 2018 (WBCSUMMIT MOSCOW 2018) in Russia on this month (May 2018). Our business idea is also highly appreciated by every people in both events! You can see our presence in both events at here: https://www.clickgem.com/updates-apr-12-2018-clickgem-team-… https://www.clickgem.com/updates-may-20-2018-meet-us-at-wor… https://www.clickgem.com/updates-may-19-2018-meet-us-at-wor…
Third, I want to tell you about my personal story and the reason of idea to start the ClickGem project: I'm a businessman and I have a small factory in Vietnam for producing hair extensions & wigs products (Company introduction: https://www.youtube.com/watch?v=fMHk0UyA05s
). I have been running this business for about 10 years. Most of the products produced in my factory are exporting to many different countries (USA, Russia, Brazil, Mexico, Germany, Portugal, UK, Hong Kong, Korea etc...). Within 10 years doing international business, one of biggest troubles for my business is receive payments from international clients because most of my clients don't want to pay directly to my company bank account because of the barrier of customs and import procedures, etc... To maintain business with those clients, I have to suggest them to: - Pay to my personal bank account >> It usually makes trouble to me for tax declaration. - Pay through personal money transfer companies like Western Union, MoneyGram, Unistream, etc... >> Can only receive small amounts, high fees. I still have trouble with tax declaration. - Pay through PayPal >> Many limitations and very high fee (PayPal transaction fee is 4.4% but the total amount I lose usually up to 12% because PayPal only allows merchants to withdraw money from the account by local currency and they always apply exchange rates which are very disadvantage for the merchant). I still have trouble with tax declaration - Pay by cash through brokers, pilots or flight attendants >> No trouble with tax declaration but can't transfer big amounts. High fee, and high risk! Because of limitation and barriers to receiving payment, I can't easy to expand my business. I know that not only I have this trouble, a lot of business people are having the same trouble! I never stop finding the better solution to solve problems with receive payment!
Until when I know about cryptocurrency which created using blockchain technology and strong communities are supporting the cryptocurrency, I strongly believe it can replace our current currencies in a future near. Cryptocurrency has a lot of advantages which compared to our current currencies. However, now is just the beginning of the era of cryptocurrency, we still have not many applications with enough features to support cryptocurrency to become our main currency.
I start thinking about ClickGem Project which can have all features combined from PayPal, CoinBase, Forex websites, cryptocurrency exchange websites, Amazon, Alibaba, Aliexpress, etc... which can support strongly for cryptocurrency and become a perfect system for payment and exchange currencies.
Currently, my team has not many people, but we can achieve many goals within a short time (about 5 months), although before that we haven't any preparation and even don't know many about blockchain technology. That can show our ability is not small and that ability will continue to multiply many times when we have more budget to recruit more talented people! I know that still have many difficulties in future and still need more time make ClickGem system become a perfect system, but I strongly believe that every difficulty will have the solution to solve (like the way I have been done with my current business from the zero) and I believe can make these ideas become real!
Other reasons make me strongly believe ClickGem project will be succeeded and it could become the big system like PayPal, Amazon, Alibaba, Aliexpress, etc… are: I believe that when we do anything if we don't believe in ourselves and what we are doing, we will never succeed. And what is easy come will easy go, only goals which are difficult to be achieved will create the real value! My team members owned a same great skill is we never give up and we will always search for solutions to solve all difficulties! I also know that because of the unstable situation of politic and economy are happening many places around the world, so many people start finding better currencies for daily transactions or hold as an asset instead of Fiat currency (cash, money at banks), gold or some things like that, this is also the main reason to make cryptocurrency become a very hot trend at this time! I believe that is the normal evolution and development of human society (in our history has witnessed many similar phases and events)! I have enough knowledge about IT field and doing business, I understand that to build systems like PayPal, Amazon, Alibaba or Aliexpress is not very difficult, I'm total can build similar systems but my systems even can support for both cryptocurrency and Fiat currency! Those companies only difference with me is they have a great opportunity to receive support from big funding companies and even government because all of them are established at the beginning of the era of the internet (For example: Alibaba has established from the beginning of the era of the internet in China, so they have opportunity to receive great support from big funding companies like SoftBank, etc... and the Chinese Government about resources, relationships, policies, etc...). The beginning of the era of the stock market is also similar to the beginning of the era of the internet, also generated many big names and many big companies. Current is the beginning of the era of the blockchain technology and cryptocurrency, I believe that we have the same opportunity with PayPal, Amazon, Alibaba or Aliexpress... Why not take this opportunity? My team only think and do, with all of our efforts and sincerity, I believe we can convince and get support from many investors to realize our dream!
I still have a lot of ideas to do with ClickGem project, however, my budget is limited and I can’t do everything alone! So, I always looking for more people who can join a hand with me, together to make this project succeed!
Would you like to join one hand with me?
I hope ClickGem project can meet your interest and opens the way for an interesting and profitable collaboration!
Thanks for spending your time to read my proposal and I hope you will spend more time to review ClickGem project!
Looking forward to hearing from you soon!
Nguyen Nam Hai – CEO [email protected]
ClickGem Project https://www.clickgem.com https://www.clickgem.com/ceo-letter-may-28-2018-clickgem-pr… t.me/clickgem/179
This is by far the worst forex broker I have ever dealt with. CMS is very fast at receiving your money and opening an account for you - they will not however, follow up on their promise to help you trade. I traded in my own account - which is not even the main issue. After I made profits and accumulated money in my account, then the whole fiasco begun. Withdrawing from your account will be a ... The conventional wisdom seems to be that CMS Forex is a reputable and reliable forex broker. Some rumblings that this broker trades against its customers are largely overshadowed by the glowing and positive reviews that can be found online. For its easy-to-use software, topnotch customer support and trader-friendly features, CMS Forex is one of the best foreign exchange brokers around. CMS Forex was established in 1999 by professional Forex traders, brokers and IT developers. Our industry-leading Forex platform, VT Trader™, is renowned in the industry for its advanced capabilities and user-friendly functionality. In October 2010, CMS Forex became an introducing broker... CMS Forex Broker CMS Forex review CMSForex.com Forex Trading. Nov 11, 2016 by Forexbrokerz. RATING: 3.2 / 6 REVIEWS FIND BETTER FOREX BROKER RECOMMENDED FOREX BROKERS . IG US FOREX.COM US. The broker no longer accepts clients. Latest news about CMS. CySec regulated RoboForex CY launches Metatrader 5 and cTrader Aug 14 2015 11:42:04; CFTC Slaps $275,000 Penalty on CMS Forex over ... CMS Forex Review Rating and Comparison CMS Forex is a Forex broker that was acquired by Gain Capital, the company linked to Forex.com, back in 2010. CMS Forex was one of the largest Forex brokers in the financial circles. Today CMSFX no longer works as separate forex broker and the website links all the information back to forex.com website. CMS review. 3 August 2020. CMS is currently closed but we can recommend these brokers. Brokers available in . Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers. All brokers. CMS Forex is a Forex broker that was acquired by Gain Capital, the company behind Forex.com, back in 2010. CMS ... Review CMS Forex is a Forex trading site based in New York. It was founded in 1999 by successful Forex traders and brokers, and software developers. CMS Forex has affiliate companies around the world, including Bermuda's Capital Market Services International, CMS Forex Japan, and CMS Forex UK.
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