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Overview

The brokerage Company CommexFX has entered the financial services market recently, but it has already won the trust of both ordinary traders and professionals among the financiers. During its productive period of existence, the company has been rewarded with the highest honors and awards. At the dawn of its formation CommexFX was recognized as "The Best New ECN broker" in 2012. In the same 2012, the company earned the honorary title "The Best ECN Broker" at the exhibition in Dubai. The exhibition held in China in 2013 also pleased the broker with the award "The Best Internet Platform for Trading." The company CommexFX was named "The Best Broker in Asia" at the exhibition in China in 2014. And at the exhibition in Johannesburg in 2014, the company became the owner of the title "The Best Broker of the Year".

Nowadays the official website of the company CommexFX is available in many foreign languages, and its Head Office is located in Nicosia, Cyprus. The company received all necessary licenses from the Cyprus Securities And Exchange Commission. It tries to provide only services of the highest quality, supporting its customers concerning all issues.

New clients of the brokerage company are welcomed with the first deposit bonus, which is equal to 50%, and it can be a great help for trading on the international Forex market.

In addition, the company CommexFX is a member of the Investor Compensation Fund, and provides its clients with guarantees concerning the payout of money that they earn on speculative trading.

The company has prepared educational materials for beginners on its website. They will help novice traders to understand how to trade on the Forex market. If desired, traders can open free demo accounts and get a good practice in online trading without risking their own finances.

Bonuses

The company CommexFX is constantly held several promotions for its clients, and participation in them will allow traders to get deposit bonuses and other cash rewards.

The promotion Refer a Friend is constantly held on CommexFX, and any trader can be its participant. Traders need to sign up for the promotion, and invite new clients to CommexFX from among friends, relatives or even unfamiliar people. If these new clients register and open accounts in an amount not less than $100, traders who have invited them, will receive rewards. And the reward is higher, if the first deposit of the new client will be higher.

Rewards that are received in the promotion Refer a Friend can be withdrawn from the account by following the simple requirements of the company. Traders, who have received prizes, should close the trade turnover that is indicated by the company on the Forex market.

Table of accrual of prizes and trade turnovers:

- deposit is $500 - prize is $80 - trade turnover is 5 lots

- deposit is $1,000 - prize is $150 - trade turnover is 10 lots

- deposit is $2,000 - prize is $350 - trade turnover is 30 lots

- deposit is $3,000 - prize is $450 - trade turnover is 42 lots

- deposit is $5,000 - prize is $700 - trade turnover is 65 lots

- deposit is $7,000 - prize is $800 - trade turnover is 75 lots

- deposit is $8,000 - prize is $900 - trade turnover is 85 lots

- deposit is $10,000 - prize is $1,000 - trade turnover is 95 lots.

The first deposit bonus of 50% is provided by CommexFX to all new customers. To obtain it, new customers need to go through the full registration on the website of the broker, and confirm their personal data. After the verification of the personal data of customers, they can fund their trading accounts. As soon as amounts are funded, the first deposit bonus of 50% in the special section "Credit" will be credited to customers. To release bonus money and to use them in trading or for withdrawal from the trading account, customers need to close the trade turnover, which will depend on the first deposit.

Training

Novice traders can get acquainted with educational materials devoted to trading on the international Forex market of the website of CommexFX.

Educational materials about trading on the Forex market.

1. International foreign exchange market:

- review of the Forex market

- how trades on Forex

- how to trade on the Forex market

- how to correctly choose a broker for Internet trading.

2. Types of orders:

- market orders

- limit orders

- OCO order

- stop orders

- examples of operations with orders.

3. Forex glossary.

4. Questions and answers on trading on the foreign exchange market.

There are few learning materials about Internet trading on the site of CommexFX, so newcomers should ask employees of the company or open a demo account where they can learn rules for trading on the Forex market. On demo accounts offer users to trade with virtual money, but using real foreign exchange quotes. This allows novice traders to learn trading, understand its essence, and in some cases develop their own trading strategy without risking their funds. Demo accounts will also be very useful for testing existing strategies and choose the most productive and profitable among them.

Terms of trading

CommexFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $200

- the leverage is from 1:100 to 1:400

- a lot of currency pairs, securities, gold, silver, futures

- fixed spread is over 0.4 points

- market swap

- hedging is available

- scalping is available

- automated trading is available.

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- vast database of embedded Forex indicators

- addition of new technical indicators

- development and installation of new Forex expert advisors MQ Language 4

- quotes export via DDE

- chart printing.

MetaTrader 4 Multiterminal

- analogue of MT 4, but with the ability to manage several trading Forex accounts.

The company CommexFX offers its clients to use its trading accounts for operations on the global financial markets and stock exchanges.

Trading accounts of CommexFX:

- Classic

- Standard

- Premier

- Institutional.

Trading account Classic:

- the minimum deposit is $200

- trading in micro-lots is available

- the minimum size of the transaction is 0.01

- the leverage is up to 1:400

- stop out is 10%

- margin call is 50%.

Trading account Standard:

- the minimum deposit is $2,000

- trading in micro-lots is unavailable

- the minimum size of the transaction is 0.1

- the leverage is up to 1:200

- stop out is 10%

- margin call is 50%.

Trading account Premier:

- the minimum deposit is $25,000

- trading in micro-lots is unavailable

- the minimum size of the transaction is 1 lot

- the leverage is up to 1:200

- stop out is 10%

- margin call is 50%.

Trading account Institutional:

- the minimum deposit is $100,000

- trading in micro-lots is available

- the minimum size of the transaction is 1 lot

- the leverage is up to 1:100

- stop out is10%

- margin call is 50%.

Investments

The brokerage company CommexFX currently does not allow traders to invest funds in professional managers. This is due to the fact that it does not have at the moment PAMM-accounts that allow users to transfer funds in trust management safely, and thus be aware of all the actions of the manager.

The only opportunity to invest is a service Myfxbook AutoTrade. This service allows customers to copy transactions of the best trading systems. All trading systems are usually tested by the service, and complete statistics are given for them in order to provide potential investors with the understanding of future expectations. The service offers in-depth technical analysis and statistics on the foreign exchange market. This facilitates making decisions relating to transactions or copying of transactions on one or several trading systems.

Unique features

The brokerage company CommexFX offers its customers to become its partners and earn extra income. Partners of the company have to refer new customers and receive commissions for them in the f-uture.

Partners are provided with a variety of marketing materials, such as banners, landing page, links to refer new customers.

Partners will receive up to $10 per 1 one standard lot, closed on the foreign exchange market by each new client.

In addition, partnership direction for legal persons is developed, allowing them to start business in the field of brokerage services. Traders can contact employees of the company for more information on starting business and provision of brokerage service.

Add/withdraw funds

Traders of CommexFX can use the following methods to fund accounts and withdraw money from them: Visa, fasapay, Skrill, Neteller, cashU, Union Pay, Master Card and bank transfers.

Contacts

The company CommexFX provides its clients with support concerning all questions. Traders can contact its staff by e-mail [email protected] (technical support), [email protected] (Department of Marketing), [email protected] (questions about opening an account), as well as by international phone + 357-25251000 and in the online chat.

Cons and pros

+ the dynamically developing broker

+ the minimum deposit is $200

+ low spread

+ good leverage

+ Forex deposit bonus

- few learning materials about Internet trading.

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