Commerce Finance Pseudo-Broker Review
The first sign of a typical newcomer – the lack of real client reviews. Such companies usually promise high earnings, but are actually only interested in clients’ money. This is what we will detail, highlighting the key facts about Commerce Finance, and why it ended up on the blacklist.
Critical Facts About the Intermediary
According to statements, Commerce Finance has been operating since 2001 and has positive client reviews, however, there is no actual confirmation of this. No roadmap, payout statistics, or reviews were found – neither on the company’s website nor on independent platforms. Analysis of the whois service revealed that the site was only registered in November 2023.
Not only trading and fund withdrawals are questionable, but also the support. The email addresses provided by the company are fictitious.
Legal Verification
Despite the claimed Swiss location and possession of a license, the source of authorization turned out to be the unscrupulous FINMAC. Commerce Finance is not included among FINMA’s licensees. This indicates the illegality of their operations and the lack of financial responsibility towards clients.
Trading Conditions
The company offers access to markets and investment opportunities with a minimum deposit of 250 USD (EUR, GBP). Without a license, Commerce Finance is limited in real capabilities and simulates trading instead of providing real access to liquidity.
Key features of the commercial offer:
- minimum deposit – 250 USD (EUR, GBP),
- minimum spread – from zero,
- leverage – up to 1:500,
- bonuses – up to 100% of the deposit amount,
- 24/7 support,
- personal manager services,
- investment research and analysis, exclusive strategies in tariffs,
- partner program for additional earnings.
Reviews and Scams
There are few reviews about Commerce Finance currently, but considering their promotion through affiliate programs, the risk for traders remains high. The company pushes bonus programs while remaining silent about the actual terms and bonus fund utilization.
Conclusion
It is not recommended to invest funds and time in Commerce Finance. The company acts unlawfully and unreliably, despite various claims of licensing. The risk of losing funds is real, and the illusion of high income can only lead to disappointment and financial losses.
Commerce Finance offers satisfactory services with room for improvement in certain areas according to customer reviews in 2024.
I had an extremely poor experience with Commerce Finance. Communication was extremely lackluster, with my broker often taking days to respond to my queries. I was frequently brushed off with one-line responses, making me feel like an annoyance rather than a valued customer. Furthermore, the broker provided very limited guidance and ultimately steered me towards poor investment decisions. Fees were also exorbitantly high and not made clear to me from the start. Transparency was not a priority for them, which was very disappointing. Overall, I wouldn’t recommend Commerce Finance to anyone due to my unsatisfactory experience.