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Score

1.18 /10
Danger

commerz trade

China

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://commerztrade.com

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Regulatory Index0.00

Business Index4.46

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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commerz trade · Company summary
commerz trade Review Summary
Founded2024-03-08
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsCDFs in Forex, Stocks, Spot Indices Futures, Spot Metals, Spot Energy, and Crypto.
Demo Account✅
LeverageUp to 1:400
SpreadFrom 0
Trading PlatformCbtrader(iOs & Android)
Min Deposit$100
Customer SupportPhone: (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.

Commerz Trade Information

Pros and Cons

Pros Cons
Leverage up to 1:400Unregulated
Spread as low as 0No Islamic account
MT4 availableMT4/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.

Is commerz trade Legit?
Is commerz trade Legit?

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 StandardGoldVIP
CurrencyEUR, USDEUR, USDEUR, USD
Max.Leverage1:2001:2001:400
No SwapYesYesYes
No CommissionYesYesYes
Spread10-15 pips5-10 pips0-5 pips
HedgeYesYesYes
Min. Deposit$100$5000$10000
Account Type
Account Type

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 PlatformSupported Available Devices
cbtrader✔iOS & Android
Trading Platform
Trading Platform

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.

Deposit and Withdrawal

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
Customer Support Options
Customer Support Options
Customer Support Options

User Reviews

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FX1708281172
more than one year
User-friendly platform with a range of account options. Their mobile app facilitates convenient trading on the go with robust infrastructure
User-friendly platform with a range of account options. Their mobile app facilitates convenient trading on the go with robust infrastructure
Translate to English
2024-07-16 18:15
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FX1704855645
more than one year
It's actually been pretty chill. The app is straightforward and doesn't glitch out, which is great when I'm trading on the fly. Also, not getting nicked with commission fees is awesome. Pretty happy so far!
It's actually been pretty chill. The app is straightforward and doesn't glitch out, which is great when I'm trading on the fly. Also, not getting nicked with commission fees is awesome. Pretty happy so far!
Translate to English
2024-06-21 18:06
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