commerz trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-21 18:42

Abstract：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.

commerz trade Review Summary
Founded	2024-03-08
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	CDFs in Forex, Stocks, Spot Indices Futures, Spot Metals, Spot Energy, and Crypto.
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0
Trading Platform	Cbtrader(iOs & Android)
Min Deposit	$100
Customer Support	Phone: (888)234-5686
	Email: support@commerztrade.com
	Online Chat

Commerz 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 Cons

Pros	Cons
Leverage up to 1:400	Unregulated
Spread as low as 0	No Islamic account
MT4 available	MT4/MT5 unavailable
Demo account available
24/7 customer support
Various 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	Standard	Gold	VIP
Currency	EUR, USD	EUR, USD	EUR, USD
Max.Leverage	1:200	1:200	1:400
No Swap	Yes	Yes	Yes
No Commission	Yes	Yes	Yes
Spread	10-15 pips	5-10 pips	0-5 pips
Hedge	Yes	Yes	Yes
Min. Deposit	$100	$5000	$10000

The 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 Platform	Supported	Available Devices
cbtrader	✔	iOS & Android

Deposit 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	Details
Phone	(888)234-5686
Email	support@commerztrade.com
Online Chat	✔
Supported Language	English
Website Language	English
Physical Address	Kaiserplatz,60311 Frankfurt am Main