Note: Commercio's official site - http://commerciomarket.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Commercio？
Commercio is an unregulated trading platform based in Saint Vincent and the Grenadines that offers its clients access to a comprehensive suite of financial instruments across various asset classes, such as currency pairs, commodities, indices, metals, stocks, and crypto coins. It provides several account types with minimum deposit requirements and different leverage. The platform also provides MT4 and MT5 trading platforms.
In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Pros & Cons
Pros:
Wide Range of Trading Instruments: Commercio offers a diverse selection of trading instruments across various asset classes, including currency pairs, commodities, indices, metals, stocks, and crypto coins.
Diverse Account Types: The platform offers diverse account types, including the Classic, the Standard, and the Professional Account, catering to various trading needs and experience levels.
Cons:
No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.
Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability.
Is Commercio Legit？
Commercio currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Market Instruments
Commercio provides a comprehensive range of trading instruments designed to cater to diverse trading preferences and strategies. Clients can trade a wide variety of currency pairs, allowing them to participate in the dynamic Forex market and capitalize on fluctuations in exchange rates.
Additionally, Commercio offers trading in commodities, enabling investors to speculate on the prices of essential resources such as oil, gold, and agricultural products. The platform also includes indices trading, providing access to major global stock market indices for those interested in broader market movements. For those seeking to trade precious metals, Commercio facilitates investments in assets like gold and silver.
Furthermore, clients can trade individual stocks, allowing them to take positions on specific companies. Lastly, Commercio embraces the growing popularity of digital assets by offering trading in various cryptocurrencies, providing opportunities to engage in the volatile yet lucrative crypto market.
Account Types
Commercio provides a variety of account types to meet the diverse needs of its clients, each with specific minimum deposit requirements tailored to different levels of trading experience and investment capacity.
The Classic account, designed for high-net-worth individuals and institutional traders, requires a substantial minimum deposit ranging from $10,000 to an unlimited amount, offering premium features and personalized services.
The Standard account, catering to intermediate traders, has a more accessible minimum deposit range of $500 to $5,000, providing a balanced mix of features and competitive trading conditions.
For beginners and those with smaller capital, the Professional account is available with a minimum deposit requirement of just $100 to $1,000, enabling new traders to enter the market with lower financial commitment while still benefiting from essential trading tools and resources.
Leverage
For those with a Classic account, the platform provides a maximum leverage of 1:100, allowing traders to control larger positions with a smaller amount of capital, suitable for those who prefer a more conservative approach.
The Standard account offers enhanced leverage of up to 1:400, enabling traders to significantly increase their market exposure and amplify their returns.
For experienced and high-volume traders, the Professional account boasts a maximum leverage of 1:500, providing the opportunity to make the most of even minor market movements.
Spreads & Commissions
Commercio offers competitive and transparent pricing through its various account types, ensuring traders can choose the best option to suit their trading needs.
The platform provides spreads starting from 0.5 pips for Classic accounts, offering highly competitive pricing for traders seeking tight spreads and efficient cost management.
For those opting for the Standard account, spreads begin at 1.2 pips, balancing affordability with comprehensive trading features. The Professional account features spreads starting from 2 pips, catering to experienced traders who prioritize access to advanced tools and services.
Notably, Commercio imposes no commissions on trades across all account types, allowing traders to execute trades without incurring additional costs beyond the spreads.
Trading Platforms
Commercio provides its clients with access to two of the most popular and powerful trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are renowned for their user-friendly interfaces, advanced trading tools, and comprehensive features that cater to traders of all experience levels.
MT4 is widely appreciated for its robust charting capabilities, customizable indicators, and automated trading through Expert Advisors (EAs). On the other hand, MT5 offers all the features of MT4 along with additional functionalities, such as more timeframes, an economic calendar, and improved analytical tools, making it ideal for those seeking an enhanced trading experience.
Customer Service
Commercio provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Conclusion
In conclusion, Commercio offers diverse trading instruments to cater to different trading needs and allows trading with high leverage. However, its unregulated status raises significant concerns about its safety and legitimacy. The lack of complete and transparent information about its trading assets, account details, and other service sections can hinder a trader's decision-making process.
Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
