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
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.
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.
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.
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.
