CommerceWealth Journal (Broker out of business)
Journal status: closed CommerceWealth out of business |
CommerceWealth Profile
Website
commercewealth.com
Year
2020
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iran, Japan, North Korea, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
...
LPs quality
...
LPs names
...
CommerceWealth Accounts
MM
Minimum Deposit
1000 $
Leverage
400 : 1
Minimum Lot
0.01 lots
EURUSD spread
...
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, PayPal, Bitcoin
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
after 1 months
Update broker |
Is CommerceWealth safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is CommerceWealth trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- CommerceWealth website: uninformative, updated
★★ - CommerceWealth popularity (by visitor count): low visits
★★
How CommerceWealth works
CommerceWealth Ltd. (the “Company”) is an investment firm that provides derivative instruments and financial services, located in Beachmont Business Centre, Suite 117 Kingstown, St. Vincent and the Grenadines with registration number 25880BC2020.
6.2.12. The Client acknowledges that all financial transactions always involve at least two parties known as “counterparty”. Counterparties exist since transactions are naturally dual in nature. This means that the Company is the Client’s counterparty for each trade.
3.4.7. Activities, namely, arbitraging, using expert advisors, and other forms of illegal activities or manipulations toward the Company’s platform is strictly prohibited. In line with this, trades executed under five minutes will be canceled unless previously reserved with the relevant provider.
https://d1blz5v5l6t29j.cloudfront.net/assets/reports/cw-terms.pdf
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