COMMOT Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-07-27 18:43

Abstract：COMMOT is allegedly a forex and CFD broker authorized and regulated by the Securities and Exchange Commission of Cambodia (SECC) with registration number 00052241. The broker claims to provide its clients with some tradable assets with leverage up to 1:100, floating spreads and standard commissions on the world’s best MetaTrader4 trading platform.

　　General Information & Regulation

　　COMMOT is allegedly a forex and CFD broker authorized and regulated by the Securities and Exchange Commission of Cambodia (SECC) with registration number 00052241. The broker claims to provide its clients with some tradable assets with leverage up to 1:100, floating spreads and standard commissions on the worlds best MetaTrader4 trading platform.

　　Market Instruments

　　COMMOT advertises that it mainly offers forex, CFDs and commodities trading.

　　Leverage

　　A leverage ratio of up to 1:100 is offered by COMMOT. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

　　Spreads & Commissions

　　COMMOT claims that it offers floating spreads and standard commission, yet no specific value is involved directly.

　　Trading Platform Available

　　Platforms available for trading at COMMOT are MetaTrader4, MT4 for iPhone/iPad and MT4 for Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

　　Deposit & Withdrawal

　　COMMOT says to accept cash deposits at the CSA and bank transfer/cash deposits at COMMO T. The minimum initial deposit requirement is said to be $300.

　　Customer Support

　　COMMOTs customer support can be reached by telephone: +855 86 988 900, email: info@commot.asia or live chat. Besides, you can also follow this broker on some social media platforms such as Facebook and LinkedIn. Company address: 42 Samdach Pan (214), Sangkat Beoung Raing, Khan Daun Penh, Phnom Penh.