Based in Kingstown, Saint Vincent and the Grenadines, Commerce Wealth is an online financial services provider that was launched in 2020. They operate the STP execution model, which offers access to the interbank markets. The broker allows clients to buy and sell various financial instruments across different asset classes, such as forex, indices, equities, cryptocurrencies, energies, and commodities. Their clients are provided with an intuitive trading platform, which is available in desktop, web, and mobile versions. There are various educational resources and a responsive client support team to assist traders. Some essential features of the broker include multiple account types, different payment methods, leverage of up to 1:400, low spreads, rapid trade execution speeds, and more. The minimum deposit required to start trading is $1,000.
Commerce Wealth Review Introduction
In this Commerce Wealth review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Commerce Wealth.
Commerce Wealth Platforms & Tools
The broker provides traders with the CWTrader; it is a proprietary trading platform that is designed by the broker’s team of fintech experts to ensure seamless trading of multiple financial assets. The platform is replete with helpful trading tools, including advanced charting, to help traders get the most out of their trades. In addition, it provides users with various advanced trading capabilities, such as the automation of trades and more. The broker makes the CWTrader available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers, and a mobile app that is compatible with Android and iOS devices. The mobile app is best suited for traders who wish to get access to their trading accounts anytime and from anywhere in the world as long as there is an internet connection.
Commerce Wealth Research & Education
To ensure that traders make knowledgeable trading decisions, the broker makes available a selection of learning resources, such as learning articles, trading guides, and an FAQ section that answers clients’ most common questions.
Commerce Wealth Trading Accounts
There are various trading account options on the broker’s website. The account types and their corresponding minimum deposit requirements are as follows: Starter ($1,000), Classic ($2,500), Intermediate ($5,000), Advanced ($10,000), Ultimate ($50,000), and VIP ($100,000).
Commerce Wealth Account Funding
Commerce Wealth allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: bank transfers, credit/debit cards, and Bitcoin.
Commerce Wealth Customer Service
All trading inquiries can be sent to a knowledgeable client support team who are available 24/5 and can be reached via any of the following contact channels: telephone, email, Live Chat, or by visiting their physical office address in Kingstown.
Commerce Wealth Regulation
There is no regulatory information on the broker’s website at the moment. Lack of regulation could discourage prospective clients from opening an account with the broker.
Commerce Wealth Review Summary
Commerce Wealth is a multi-asset brokerage firm that operates from Kingstown, Saint Vincent and the Grenadines. They provide traders with an in-house-developed platform for trading various financial markets. The broker also provides traders with educational resources and the services of a knowledgeable client support team. There are different trading account options to choose from. The broker is not regulated by any known financial authority at the moment.
It is worth mentioning that some of the trading products and services in this Commerce Wealth review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Commerce Wealth broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.