8 /10
Overall Rating

CommerceWealth Review

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In this CommerceWealth broker review, we have gone through this broker’s details by analyzing its publicly available information and personal contact. In our every broker review, we do not focus on brokers’ opinions only. We applied the same standard in the CommerceWealth broker review. Please go through this page on how we conduct our broker reviews.

CommerceWealth started its operation quite recently. As a new broker, CommerceWealth built a vision of transforming the trading industry. This broker offers the MT5 trading platform, which is considered as the most powerful and advanced trading platform in the world.

However, before investing in any broker, you make a depth analysis of it. Is it reliable to put your money into it? Is the price shown in this broker accurate? To learn more, you can continue reading the AtoZMarkets CommerceWealth broker review.

Overview

Company
8 /10
Trust
8 /10
Trading Platform
8 /10
Account Types
9 /10
Cyptocurrency
8 /10
Costs
8 /10
Customer Support
8 /10
Regulation
7 /10

Company

8 /10

There are already hundreds of brokers doing their best to catch a trader's attention and trust in this period. But there are only several brokers that could surely keep up with a trader's expectations. Also, in this industry, not all can provide satisfying trading and investing needs.

However, CommerceWealth is a promising and inspiring broker that sets high standards for establishing the most valuable experience.

This broker began when a group of experienced and professional traders and finance industry specialists thought of building a community. After that, they gathered experts from different regions around the world.

Furthermore, CommerceWealth wants to help traders have a successful financial market journey, giving them beneficial conditions. Its team also understands the importance and individuality of each trader completely. With that, this broker knows how every person is unique and has its standards.

People also don't need to worry as CommerceWealth Ltd. is a registered company headquartered in St. Vincent and the Grenadines. Then, its registration number is 25880BC2020, located at Suite 305, Griffith Corporate Centre Kingston.

Every day, the firm never fails to offer quality services and trades at the financial markets. It holds enough information and practice to provide clients with the prospect of building a fair-minded, flexible, and steady online trading environment.

Pros and Cons

Pros

  1. MT5 trading platform.
  2. Varieties in trading accounts.
  3. 1200+ trading assets.
  4. Up to 1:400 Leverage.

Cons

  1. Does not have MT4, or cTrader Platform
  2. The minimum deposit is very high.

Trust

8 /10

During our review, we have found that CommerceWealth is the functional website of CommerceWealth Ltd., a registered trading company at Beachmont Business Centre, Suite 117 Kingstown, St. Vincent and the Grenadines, Reg. No. 25880BC2020. Therefore, you will get every facility that most of the St. Vincent and the Grenadines regulated brokers provide.

The company has several functions that can make it trustworthy among traders:

  • Reliability- Your private details are always safeguarded from any third party.
  • Professionalism- Every staff of CommerceWealth provides service with professionalism and quality service.
  • Excellence- Delivering an industry-leading experience that is beyond expectations.
  • Meeting Expectations- The company has a qualified support team to meet all client expectations and ideal goals.

However, when we scrolled down the website, there were several company policies where there was not sufficient information available.

Trading Platform

8 /10

CommerceWealth has an advanced MT5 trading platform, which is the next generation trading platform. You can add advanced and complex trading activity with this trading platform.

CommerceWealth MT5

MetaTrader 5 offers the professional trader everything needed to invest successfully in the financial market. When using the MetaTrader 5 Terminal, you will enjoy trading without any bound. It has a quicker processing time, ability to hedge, and scalp positions with advanced functions and excellent tools. Other features are mentioned below:

  • Ease of Access- Access MT5 with ease from your PC, Android or iOS tablets and phones, as well as instantly on the web.
  • Analysis Capabilities- MT5 platform includes a list of robust analytical tools on numerous, flexible, and interactive charts.
  • Multi-asset Platform- MT5 offers an endless choice of currencies, shares, commodities, indices, and cryptocurrencies.
  • No Trading Restrictions- We offer ideal trading conditions for scalping and netting, with Leverage up to 1:400.

Moreover, the CommerceWealth MT5 is available on the Mobile device that can make your trading life more flexible. Like the desktop version, the iOS and Android versions have tools to analyse the market perfectly. Moreover, if you don't have any devices, you can access the platform from the web-based device.

Account Types

9 /10

CommerceWealth focuses on covering all types of traders from beginner to advanced. Therefore, they have six different account types. If you are a trader from entry-level, you can start trading, and once you become professional, you can still be with this broker.

Let's have a look at the account types of this broker:

Starter Account

This trading account is suitable for new traders.

  • Min. Deposit $5,000
  • 0.01 Min. Lot Size
  • Metatrader 5
  • Islamic Account
  • Mobile Trading
  • 24h Dedicated Support
  • Account Manager

Classic Account

Both experienced and beginner traders can trade with these account types.

  • Min. Deposit $25,000
  • 0.01 Min. Lot Size
  • Metatrader 5
  • Islamic Account
  • Mobile Trading
  • 24h Dedicated Support

Intermediate Account

An intermediate account is suitable for experienced traders.

  • Min. Deposit $50,000
  • 0.01 Min. Lot Size
  • Metatrader 5
  • Islamic Account
  • Mobile Trading
  • Technical Indicators
  • Economic News

Advanced Account

It is an extra boost for investors who want to build their strategies.

  • Min. Deposit $100,000
  • 0.01 Min. Lot Size
  • Metatrader 5
  • Technical Indicators
  • Economic News
  • Technical Analysis
  • Fixed Pricing

Ultimate Account

It is the best choice for those who prefer to trade on a fixed rate basis without commissions.

  • Min. Deposit $250,000
  • 0.01 Min. Lot Size
  • EU Private Bank Account
  • Technical Indicators
  • Economic News
  • Technical Analysis
  • Fixed Pricing

VIP Account

It is a unique account for traders seeking competitive pricing and extra benefits.

  • Min. Deposit $1,000,000
  • Personal Banker
  • EU Private Bank Account
  • Technical Indicators
  • Economic News
  • Technical Analysis
  • Fixed Pricing

Cryptocurrency

8 /10

CommerceWealth has more than 20 Cryptocurrencies, including Bitcoin, Litecoin, Ethereum, etc. You can have the cryptocurrency trading experience on the MT5 platform with other trading instruments.

Costs

8 /10

The spread is comparative for this broker that changes with the types of accounts. Moreover, there is no fee on Deposit and withdrawal.

Currently, the broker supports transactions through credit/debit cards, PayPal, and bank transfers only while other payment methods depend on the country's residence.

Customer Support

8 /10

CommerceWealth website is available in three languages- English, French, and Deutsch. Traders from every part of the world can easily communicate with this broker.

In the help and support tab, many FAQs are available where traders can get most of their asked questions answered. We have found two sections in the FAQ during our review- the trading section and the general section. Both areas cover ten questions.

On the other hand, the best option to contact them is Live chat, which is open 24/5. Other contact information is mentioned below:

  • Email: assistant@commercewealth.com
  • Phone: +18007214152
  • Address: Beachmont Business Centre, Suite 117 Kingstown, St. Vincent and the Grenadines.

Regulation

7 /10

CommerceWealth is the functional website of CommerceWealth Ltd., a registered trading company at Beachmont Business Centre, Suite 117 Kingstown, St. Vincent and the Grenadines, Reg. No. 25880BC2020.

Conclusion

CommerceWealth is a broker that has an MT5 trading platform to provide an advanced trading experience among traders. Moreover, this broker is regulated by St. Vincent is Grenadines, which is considered as an average rating broker.

The best part of this broker is the trading account types. The six trading account types can cover all traders from beginner to professional. If you want to diversify your portfolio or look for a broker with flexibility in choosing account types, this broker is perfect for you. Moreover, this broker offers Islamic accounts in all trading accounts, so that you can have an interest free environment.

We have tested the execution and spread and found this broker is trustworthy. However, if you want to start trading with this broker, you should do research and begin with demo testing.

Reviewed By

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