Common Investments foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.commoninvestments.co/register, about the company's legal and temporary regulatory information, the company's address Förrlibuckstrasse 202, 8005 Zürich, Switzerland.
Common Investments, established in 2018, operates as an online forex brokerage primarily targeting retail traders. The company is headquartered in Zurich, Switzerland, and is privately owned. The broker aims to provide a comprehensive trading platform for various financial instruments, catering to both novice and experienced traders.
Since its inception, Common Investments has focused on creating an accessible trading environment, emphasizing user education and support. The platform offers a range of trading tools and resources designed to help traders enhance their skills and knowledge in the financial markets.
Common Investments serves a diverse clientele, including individual retail traders and institutional investors. The broker's business model revolves around retail forex trading, providing clients with the necessary tools and resources to navigate the forex market effectively.
In summary, Common Investments is a relatively new player in the forex brokerage industry, striving to build a reputation for reliability and support for traders.
Common Investments operates without regulation from any recognized financial authorities, which is a significant concern for potential investors. The broker does not hold a license from any regulatory body, raising red flags regarding client protection and fund security.
Due to this lack of regulation, there are no assigned regulatory numbers or valid licenses associated with Common Investments. The absence of oversight means that clients' funds are not guaranteed protection, and the broker is not held accountable by any governing body.
Common Investments has not disclosed any specific policies regarding client fund segregation, which is crucial for ensuring that traders' funds are kept separate from the broker's operational funds. Additionally, there is no information available regarding participation in investor compensation schemes, which typically provide a safety net for clients in case of broker insolvency.
The broker claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, but without regulatory oversight, the effectiveness of these measures remains questionable.
In conclusion, the lack of regulatory compliance poses significant risks for traders considering using Common Investments as their brokerage.
Common Investments offers a wide array of trading products, primarily focusing on forex currency pairs. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs. This diverse selection allows traders to engage in various trading strategies and capitalize on market fluctuations.
In addition to forex trading, Common Investments also offers Contracts for Difference (CFDs) across several asset classes, including indices, commodities, stocks, and cryptocurrencies. The broker continuously updates its product offerings to meet the evolving needs of its clients, although specific details on the frequency of these updates are not disclosed.
Common Investments primarily targets retail traders, providing them with the necessary tools and resources to trade effectively. Institutional clients may also find the platform suitable, as the broker offers tailored services to meet their specific trading needs.
The absence of specialized products or unique trading instruments is noted, as Common Investments focuses on mainstream trading products. However, the broker appears to prioritize user experience and accessibility in its trading services.
Common Investments does not support the widely used MetaTrader 4 or MetaTrader 5 platforms. Instead, it offers a proprietary trading platform designed for web and mobile access. This platform is user-friendly, allowing traders to execute trades and manage their accounts seamlessly.
The web-based trading platform is optimized for performance, providing real-time market data and analysis tools. Additionally, Common Investments offers a mobile application compatible with both iOS and Android devices, enabling traders to monitor their accounts and execute trades on the go.
The broker operates on a Market Making execution model, which may not suit all traders, particularly those seeking direct market access. The server infrastructure is based in Switzerland, ensuring low latency and high-speed order execution.
While the platform does not explicitly mention support for API access or automated trading, the availability of trading tools suggests a focus on enhancing the trading experience for users.
Common Investments offers several account types designed to cater to different trader profiles. The standard account requires a minimum deposit of $250, with spreads starting at 1.5 pips. The broker does not charge commissions on trades, which can be advantageous for frequent traders.
For those seeking advanced trading options, Common Investments provides VIP and professional accounts, which may come with enhanced features and benefits, although specific details regarding these accounts are not fully disclosed.
The broker does not offer Islamic accounts or corporate accounts, which may limit options for certain traders. Additionally, the absence of a demo account policy raises concerns for new traders looking to practice their skills without financial risk.
Leverage options are available, but the specific ratios vary depending on the asset class. Common Investments does not provide clear information on overnight fees or minimum trade sizes, which could impact traders' decision-making processes.
Common Investments supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account starting at $250.
Deposit processing times are generally quick, although specific timelines are not disclosed. The broker does not mention any deposit fees, which can be beneficial for traders looking to maximize their capital.
Withdrawal methods include bank transfers and electronic wallets, with processing times potentially varying based on the method chosen. Withdrawal fees are not clearly outlined, leading to uncertainty for traders regarding the costs associated with accessing their funds.
Common Investments provides customer support through various channels, including email and phone. However, there is no mention of live chat or social media support, which may limit accessibility for some traders.
Customer service operates 24/7, ensuring that traders can receive assistance whenever needed. The broker reportedly supports multiple languages, although specific languages are not listed.
In terms of educational resources, Common Investments offers various materials such as webinars, tutorials, and eBooks to help traders enhance their knowledge and skills. Market analysis services, including daily updates and research reports, are also available to keep traders informed about market trends.
Additionally, the broker provides trading tools like calculators and calendars to assist traders in their decision-making processes.
Common Investments primarily serves clients in Europe and other regions, but it is essential to note that the broker may not accept clients from specific countries due to regulatory restrictions.
The broker has not provided detailed information on its regional offices, which may limit transparency regarding its operational presence.
Countries where Common Investments does not accept clients include the United States and others with stringent regulatory requirements.
In conclusion, while Common Investments offers a range of trading products and services, potential clients should carefully consider the associated risks due to the lack of regulation and transparency in various operational aspects.
FX1285170292
United Kingdom
All I want to say is staying clear of this company, this Common Investments, guys, if you don’t want to lose you money. A typical scammer, they will use sweet words to lure you in and take all your money then.
37130
2023-02-24