Broker Information
TRADECMF
TRADECMF
No Regulation
Platform registered country and region
Marshall Islands
+34 911128805
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Ajeltake road, Ajeltake Island, Majuro, Marshall Islands, MS92240
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support@tradecmf.com
Company Summary
https://www.tradecmf.com/ar/Home
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Company Name | TRADECMF |
Registered Country/Area | Marshall Islands |
Founded Year | 2023 |
Regulation | Unregulatory |
Minimum Deposit | $500 |
Maximum Leverage | 1:500 |
Spreads | From 0.6 pips |
Tradable Assets | Forex, stocks, commodities, ETFs, cryptocurrencies, indices, and bonds |
Account Types | Basic, Gold, Platinum, and VIP accounts |
Demo Account | Unavailable |
Customer Support | Email, phone |
Deposit & Withdrawal | N/A |
TRADECMF is an unregulated brokerage company registered in the Marshall Islands. This firm provides a swath of investment options with round-the-clock customer support. TRADECMF offers four live trading accounts with an automated trading service. However, there is limited information about trading platforms on its website. Furthermore, its minimum deposit is much higher compared to some other brokerages.
Pros | Cons |
8000+ tradable instruments | No valid regulatory certificates |
Multiple account types | High minimum deposit requirement ($500) |
Leverage options available (up to 1:500) | Limited information about the trading platform |
Offering automated trading option | |
24/7 customer support |
TRADECMF operates without regulation from any recognized financial authority. Engaging with an unregulated broker like TRADECMF carries substantial risks, and investors should be aware of the potential consequences before depositing funds.
Having a diversified portfolio is important for managing risk. The more investment choices you can choose from, the easier it is to diversify. With TRADECMF, you can invest in more than 8,000 trading instruments, including forex, stocks, commodities, ETFs, cryptocurrencies, indices, and bonds.
This firm offers more than 70 currency pairs and 60+ cryptocurrencies. Most of the commodity instruments offered by TRADECMF are from the world's major exchanges, including CBOT, CME, NYBOT, NYMEX, and ICE.
As you can see, there's not a whole lot that you can't invest in through a TRADECMF brokerage account. Just keep in mind that some investments are riskier than others when building out your portfolio.
Tradable Instruments | Supported |
Commodities | ✔ |
Stocks | ✔ |
Forex | ✔ |
ETFs | ✔ |
Cryptocurrencies | ✔ |
Indices | ✔ |
Bonds | ✔ |
Options | ❌ |
Mutual Funds | ❌ |
TRADECMF gives you four live trading accounts. The size of your account does matter when it comes to fees. If you invest at least 1,000,000 to open a VIP account, you can enjoy spreads from 0.6 pips, which is far better than the spreads offered by Basic accounts. You need to fund $10,000 to get monthly technical analyst consultation services.
Besides, this firm also provides automated trading accounts. TRADECMF claims that its automating system is customizable with multi-asset investment options. However, you need to deposit at least $5,000 to unlock this service.
Feature | VIP | Platinum | Gold | Basic |
Minimum Deposit | $1,000,000 | $50,000 | $10,000 | $500 |
Spreads (pips) | 0.6 | 1.3 | 1.6 | 1.9 |
Cashback per Lot | $10 | $5 | $3 | N/A |
Monthly Technical Analyst Consultation | Yes | Yes | Yes | N/A |
Quick Withdrawal (up to) | 2 hours | 2 hours | 2 hours | 2 hours |
Investment fees can detract from your returns. Every brokerage is different when it comes to fees, though some of them have moved toward commission-free trading.
Fees | Details |
Spreads | From 0.6 pips (VIP accounts) |
Commission | CFDs on shares - no commissionETFs - no commission |
Deposit and withdrawal fee | $0 |
TRADECMF charges no commission for investing in ETFs and CFDs on shares. However, the spreads seem a bit higher than industry standards, even for VIP accounts. And you need a lot of money to open a VIP account.
So if you're a beginning investor without a lot of money to get started, finding another brokerage could be a better choice. There are plenty of other brokerages that let you invest with less and for less by charging fewer fees.
For any questions you might have, help is available 24/7 by online chat, phone (+34960408677), or email (support@tradecmf.com).
Contact Options | Details |
Phone | +34960408677 |
support@tradecmf.com | |
Support Ticket System | ❌ |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | Arabic |
Website Language | Arabic |
Physical Address | Ajeltake road, Ajeltake Island, Majuro, Marshall Islands, MS92240 |
TRADECMF makes building a diversified portfolio easier with its wide selection of investment options. It might also catch your eye if you're interested in automated trading. However, there is no information about trading platforms on its website and this firm is on the pricer end compared to some other brokerages. Furthermore, the regulatory hurdle is an obvious drawback.
Is TRADECMF a regulated brokerage?
No, TRADECMF is not regulated by any reputable financial authority.
What account types does TRADECMF offer?
TRADECMF offers four live trading accounts, including Basic, Gold, Platinum, and VIP accounts.
Does TRADECMF offer leveraged trading?Yes, TRADECMF provides a leverage option, which is up to 1:500.
Online trading involves considerable risk, so it may not be suitable for everyone.
TRADECMF
TRADECMF
No Regulation
Platform registered country and region
Marshall Islands
+34 911128805
--
--
--
--
Ajeltake road, Ajeltake Island, Majuro, Marshall Islands, MS92240
--
--
--
--
support@tradecmf.com
Company Summary
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