Score

1.45 /10
Danger

CAMTRADE

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

CAMTRADE PTY LTD

Company Abbreviation

CAMTRADE

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
CAMTRADE · Company summary
CAMTRADE Review Summary
Founded2-5 years
Registered Country/RegionAustralia
RegulationUnregulated
Market InstrumentsForex
Demo Account
LeverageUp to 1:200
SpreadEURUSD corresponds to 10(PRO account)
Trading PlatformCAMTRADE(Web/Desktop/Android/iPhone/iPad)
Min DepositNot mentioned
Customer SupportPhone: +442031505124
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.

CAMTRADE Information

Pros and Cons

Pros Cons
Demo availableUnregulated
Leverage up to 1:200Unaccessable official website
Some accounts is commission-freeNegative reviews
Forex only

Is CAMTRADE Legit?

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

Is CAMTRADE Legit?
Is CAMTRADE Legit?

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
What Can I Trade on CAMTRADE?

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 TypeMICROSTANDARDPRO
Mini. deposit$250$2500$20000
SpreadsStandardStandardFloating/Fix -10(EURUSD)
24/5 SupportYesYesYes
Leverage1:2001:200 (Adjustable)1:200 (Adjustable)
instrumentsAll except FX StocksAllAll
Account Type

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 PlatformSupported Available Devices
CAMTRADEWeb/Desktop/Android/iPhone/iPad
Trading Platform

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.

Deposit and withdrawal

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

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment

1