broker review
Elcomercio-IX review – Your best choice for cryptocurrency trading?
What is Elcomercio-IX?
Trading financial markets this year is far from being simple, keeping in mind the sense of uncertainty still dominating the industry. Elcomercio-IX is an online broker that provides CFD trading services, and it seems to be very aware of that. Traders need to be well-equipped to deal with this environment – can this broker stand up to the task?
Choosing to work with an online broker in 2023 is a decision that you should make based on what the brand could offer. If you want to know more about Elcomercio-IX, you’ve come to the right place. Read our review to learn more about this brand’s key trading benefits.
Crypto trading conditions
Cryptocurrencies are part of the asset coverage and that is definitely good news, since it creates diversification capabilities. Elcomercio-IX currently allows customers to either buy or sell derivatives based on popular tokens such as Bitcoin, Cardano, Dash, Ethereum, Ripple, Avalanche, Monero, and many others. These are volatile instruments and given their prices fluctuate a lot even intra-day, short-term trading is definitely an option here.
Although the crypto trading features are appealing, you should also note that you can diversify not just among digital assets. FX, stocks, indices, precious metals and energy are all part of the asset index as well. All instruments can be traded on margin, while also benefiting from attractive spreads.
Opening an account
The registration process is pretty simple and anyone should be able to complete it with no hurdles. Provide your identification details to open an account. After that, you’ll be asked to provide documents to verify your ID. With the account fully verified, it’s possible to proceed with a fast deposit by using a credit or debit card. Bank wires are accepted as well, but you need to consider the longer processing time.
Elcomercio-IX offers four different accounts (Bronze, Silver, Gold and VIP Platinium), each with a specific deposit requirement. As the table below shows, based on your choice, access to different trading conditions can be unlocked. However, even if you go for a Bronze account (the smallest account available), conditions are good.
Customer support
If you don’t already have an account with the broker, the way to contact a representative is by using the email support address available on their website. There is also a contact form, and they will call you back if you fill it in.
After signing up, all clients benefit from a personal account manager, meaning their needs are addressed personally. There is no live chat support currently available on their website.
Ending thoughts
Elcomercio-IX seems to be an ideal place for online trading, given all that it has to offer. Trading conditions available with this broker are attractive, the platform they use (MetaTrader 4) is popular and intuitive, and there is an abundance of tools available. On top of that, the broker treats all clients the same and aims for their complete satisfaction.