WARNING: The broker is marked as scam and out of business, after two-year string of suspensions, fines, traders' compaints and CIF and CYSEC licenses withdrawal in 2017.
CommexFX is an ECN/STP broker, meaning that there is no dealing desk involved in the trading process. Spreads on major currency pairs are as low as 0.4 pips. Leverage is up to 400:1.
Hedging, scalping and other strategies are welcomed. All products can be traded directly from one account with fast execution and responsive interface. There is a selection of 50 currency pairs-majors, crosses and exotics.
Demo account offers all the features of the live account with the virtual money to practice with. The demo account doesn’t have a time limit and you can not only practice but also backtest your strategies before trying it out on the live account.
MetaTrader 4 is one of the favorite platforms in the market with professional features and powerful functions and tools. You have lots of options of what to trade and how to trade it and to make the analysis easier, you have not only very powerful charting capabilities but also Expert Advisors, live-steaming prices, order types.
MetaTrader 4 interface is relatively user-friendly, even for a novice trader. For more advanced traders with the knowledge of MQL4 programming language, it is possible to create customized technical indicators to fit your strategies even better.
Mobile Platforms offer the necessary flexibility to trade from any mobile devices on the go. CommexFX covers almost all mobile devices including iPhone, Blackberry, Android, Windows Mobile and other smartphones.
The mobile version allows you to keep an eye on the updating prices, open and close orders, place and change working orders with stops and limits features. Powerful charting is at the click of your fingers.
Myfxbook AutoTrade brings you the social trading software and the whole new level of communication between one trader and another. You can easily copy the strategies of the more experienced traders, follow in-depth analysis and trading stats of the top client and control your selection of selected systems anytime.
Minimum deposit requirement for trading live account is $200. Deposits and withdrawals are processed via the following options: Credit Cards, Skrill, Wire Transfer, PayPal, Western Union, Neteller, WebMoney, MoneyGram, and Bank Guarentee.
The experienced support is there to answer your questions five days a week during the trading hours in 32 languages.
Education is a necessity when it comes to trading. CommexFX advices traders to learn before trading and provides a set of webinars, guides and glossary worth your attention.