CAMTRADE

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

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.

Account Type

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

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.

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.