CAMTRADE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-25 19:51

Abstract：CAMTRADE is a broker that provides three account types with a maximum leverage of 1:200 for forex, such as PRO, STANDARD, and MICRO accounts. The minimum deposit is $250. CAMTRADE is still risky due to its unregulated status, inaccessible official website, and bad reviews about difficulty withdrawing money.

CAMTRADE Review Summary
Founded	2-5 years
Registered Country/Region	Australia
Regulation	Unregulated
Market Instruments	Forex
Demo Account	✅
Leverage	Up to 1:200
Spread	EURUSD corresponds to 10(PRO account)
Trading Platform	CAMTRADE(Web/Desktop/Android/iPhone/iPad)
Min Deposit	Not mentioned
Customer Support	Phone: +442031505124
Customer Support	Email: info@CamTrade.io

CAMTRADE Information

　　CAMTRADE is a broker that provides three account types with a maximum leverage of 1:200 for forex, such as PRO, STANDARD, and MICRO accounts. The minimum deposit is $250. CAMTRADE is still risky due to its unregulated status, inaccessible official website, and bad reviews about difficulty withdrawing money.

Pros and Cons

Pros	Cons
Demo available	Unregulated
Leverage up to 1:200	Unaccessable official website
Some accounts is commission-free	Negative reviews
	Forex only

Is CAMTRADE Legit?

　　CAMTRADE is not regulated, which makes it less safe than regulated brokers.

What Can I Trade on CAMTRADE?

　　Traders can invest in forex at CAMTRADE.

Tradable Instruments	Supported
Forex	✔
Commodities	❌
Stocks	❌
Cryptocurrencies	❌
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　CAMTRADE currently has 3 trading account types, and traders can choose to open one of them, including PRO, STANDARD, and MICRO accounts.

Account Type	MICRO	STANDARD	PRO
Mini. deposit	$250	$2500	$20000
Spreads	Standard	Standard	Floating/Fix -10(EURUSD)
24/5 Support	Yes	Yes	Yes
Leverage	1:200	1:200 (Adjustable)	1:200 (Adjustable)
instruments	All except FX Stocks	All	All

CAMTRADE Fees

　　PRO and STANDARD are based on standard spreads, while PRO sets floating and fixed spreads, and EURUSD corresponds to 10. However, the commission and swap fees are unclear. Traders should be wary of hidden fees.

Leverage

　　The maximum leverage is 1:200 meaning profits and losses are magnified 200 times.

Trading Platform

　　CAMTRADE develops proprietary built-in platforms for Web, Desktop, Android, iPhone, and iPad instead of authoritative MT4/MT5.

Trading Platform	Supported	Available Devices
CAMTRADE	✔	Web/Desktop/Android/iPhone/iPad

Deposit and withdrawal

　　The minimum deposit is $250. CAMTRADE offers multiple deposit and withdrawal methods, including bitcoin, MasterCard, VISA, METER, and Skrill. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.

Customer Support Options

　　Traders can contact CAMTRADE via phone and email.

Contact Options	Details
Phone	+442031505124
Email	info@CamTrade.io
Supported Language	English
Website Language	English
Physical Address	80 Fulham Rd, London, England