commerz trade Forex Broker

commerz trade Review SummaryFounded2024-03-08Registered Country/RegionChinaRegulationUnregulatedMarket InstrumentsCDFs in Forex, Stocks, Spot Indices Futures, Spot Metals, Spot Energy, and Crypto.Demo Account✅LeverageUp to 1:400SpreadFrom 0Trading PlatformCbtrader(iOs & Android)Min Deposit$100Customer SupportPhone: (888)234-5686Email: support@commerztrade.comOnline ChatCommerz Trade Information The commerz trade is a broker providing various tradable assets, including forex, stocks, spot indices futures, spot metals, spot energy, and crypto. The commerz trade offers 24/7 customer support and has different account types with a maximum leverage of 1:400, such as Standard, Gold, and VIP. The minimum spread is 0 pip and the minimum deposit is $100. Commerz Trade is still risky due to its unregulated status and high leverage.Pros and ConsPros Cons Leverage up to 1:400UnregulatedSpread as low as 0No Islamic accountMT4 availableMT4/MT5 unavailableDemo account available24/7 customer supportVarious assets: CDFs in Forex, Stocks, Spot Indices Futures, etc.Is commerz trade Legit? The commerz trade claims that the proprietary platform Cbtrader is regulated by the NFA(National Futures Association), however, the broker is not regulated.What Can I Trade on Comerz Trade? Cbtrader, the commerz trade platform, offers Contracts for Difference (CFDs) in 6 asset classes, including forex, stocks, spot indices futures, spot metals, spot energy, and crypto assets.Tradable Instruments Supported Forex✔Spot Indices Futures✔Stocks✔CFDs✔Crypto✔Spot Metals✔Spot Energy✔ETFs❌Bonds❌Mutual Funds❌Account Type The commerz trade provides demo accounts and three real account types: Standard, Gold, and VIP. The spread range is 0-15 pips and the deposit is $100-$10000. Traders who want low spreads and low deposits can choose to open a Standard account. The VIP account has a leverage of up to 1:400 and a deposit of up to $10,000, suitable for experienced traders. Investors have the right to be free of commissions and swap fees.Account Type StandardGoldVIPCurrencyEUR, USDEUR, USDEUR, USDMax.Leverage1:2001:2001:400No SwapYesYesYesNo CommissionYesYesYesSpread10-15 pips5-10 pips0-5 pipsHedgeYesYesYesMin. Deposit$100$5000$10000The commerz trade Fees The commission and the swap are free, and The spread is from 0 to 15 pips.Leverage The maximum leverage is 1:400, meaning profits and losses are magnified 400 times.Trading Platform The broker offers a proprietary trading platform named cbtrader, which is available for iOS and Android.Trading PlatformSupported Available Devices cbtrader✔iOS & AndroidDeposit and Withdrawal The minimum deposit is $100. The commerz trade offers multiple methods, including Bank Wire transfers, cryptocurrency transfers, Credit/Debit cards, etc. for payment.Customer Support Options The commerz trade provides 24/7 customer support, and traders can communicate via phone, email, and live chat.Contact Options DetailsPhone (888)234-5686Email support@commerztrade.comOnline Chat ✔Supported Language EnglishWebsite Language EnglishPhysical Address Kaiserplatz,60311 Frankfurt am Main