Score

7.64 /10
Good

Colmex Pro

Regulated in Cyprus

Market Making(MM)

MT4 Full License

Regional Brokers

B

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Comparison

Quantity 2

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Score

Regulatory Index6.67

Business Index8.54

Risk Management Index9.86

Software Index8.87

License Index6.70

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Colmex Pro Ltd

Company Abbreviation

Colmex Pro

Platform registered country and region

Cyprus

Company website

Company summary

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Colmex Pro · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Information
Registered Country/Region Cyprus
Found 2010
Regulation CYSEC
Market Instrument Forex, metals, indices, stock CFDs, and commodities
Account Type Bronze, Silver, Gold, Platinum and Diamond
Demo Account yes
Maximum Leverage 1:30
Spread N/A
Commission N/A
Trading Platform Colmex Pro 2.0, MetaTrader4, MultiTrader
Minimum Deposit $500
Deposit & Withdrawal Method Visa/Mastercard credit cards, wire transfers, and PayPal

Founded in 2010 and based in Limassol, Cyprus, Colmex Pro is a broker that provides Forex, Equities, and CFD trading services to private and institutional investors.

Here is the home page of this brokers official site:

home page

Colmex Pro is currently regulated by the Cyprus Securities and Exchange Commission (CYSEC, No. 123/10) and is subject to the MiFiD (Markets in Financial Instruments Directive), and is a long member of the Investor Compensation Fund.

General Information & Regulation

Note: The screenshot date is February 7, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Colmex Pro offers investors access to popular trading products in the financial markets, mainly Forex (major, minor, and exotic currency pairs), metals, indices, stock CFDs, and commodities.

Account Types

To meet different traders' trading needs and experience, the broker offers five different types of accounts: Bronze, Silver, Gold, Platinum and Diamond, with minimum deposit requirements of $500, $5,000, $10,000, $25,000, and $50,000 respectively, and the minimum fee is $1.5, $1.5, $1.5, $1.25, and $1 separately. The broker also offers free demo accounts.

Account Types

Leverage

For retail clients, leverage is offered up to a maximum of 1:5 for stocks. For professional clients, you can leverage up to 1:20. Forex instruments can be leveraged up to 1:30.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Colmex Pro offers traders its proprietary trading platform Colmex Pro 2.0, which supports both desktop and mobile versions and is highly customizable for both novices and seasoned professional traders.

Features of Colmex Pro 2.0 include Level 2 data from a Super DOM Panel (Depth of Market), 14 chart styles including Heiken Ashi and Cluster charts, 47 chart indicators plus custom indicators, All advanced order types plus hotkeys, Real-time stock screeners, stock market history.

There is also the powerful MT4 trading platform, which offers plenty of opportunities for traders of all levels: advanced technical analysis, flexible trading systems, algorithmic trading, and expert advisors, supporting the desktop version for mobile. Finally, there is the Multi trader trading platform, which supports web, desktop, and mobile.

Besides, the broker's MultiTrader offers a robust institution-grade platform for experienced traders. The platform comes with several intuitive and advanced functions, including low-latency, and real-time data, order routing technology, level 2 quotes for equities and options, as well as baskets trades.

Deposit & Withdrawal

Colmex Pro accepts traders to fund their accounts through deposit and withdrawal methods including Visa/Mastercard credit cards, wire transfers, and PayPal. The minimum initial deposit requirement is said to be $500.

Deposit & Withdrawal logos

Customer Support

Colmex Pro has a client support team that can be reached from 7 am to 9 pm every weekday from Monday to Friday. The client support desk can be reached via Tel:+(357) 25-030036, email: support@ColmexPro.com, info@colmexpro.com, WhatsApp or send messages online to get in touch. Company address: Colmex Pro is located at 117 Makariou III Avenue & Sissifou (ex Lefkosias-Limnazousas) Street, Quarter of Apostoloi Petrou & Pavlou, 3021 Limassol, Cyprus.

Pros & Cons

Pros Cons
• CYSEC-regulated • High minimum deposit ($500)
• Free demo accounts available • Demo accounts are only valid for 5 days
• Multiple account types • No additional resources or tools
• Good choices of platforms • Limited payment methods

Frequently Asked Questions (FAQs)

Q 1: Is Colmex Pro regulated?
A 1: Yes. Colmex Pro is authorized and regulated by the CYSEC under regulatory license number: 123/10.
Q 2: At Colmex Pro, are there any regional restrictions for traders?
A 2: Yes. Colmex Pro does not provide its brokerage services to residents of the United States of America. Some Colmex Pro broker features and products mentioned within this Colmex Pro review may not be available to traders from specific countries due to legal restrictions.
Q 3: Does Colmex Pro offer demo accounts?
A 3: Yes.
Q 4: Does Colmex Pro offer the industry-standard MT4 & MT5?
A 4: Yes. Colmex Pro supports Colmex Pro 2.0, MetaTrader4, and MultiTrader.
Q 5: What is the minimum deposit for Colmex Pro
A 5: The minimum initial deposit to open an account is $500.
Q 6: Is Colmex Pro a good broker for beginners?
A 6: Yes. Colmex Pro is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

News

NewsWikiFX Review: Is Colmex Pro Reliable?

In today’s article, we are going to show you what Colmex Pro looks like. WikiFX conducted a comprehension review on this broker to assist you in better understanding the truth. If you want to know whether Colmex Pro is a reliable forex broker or not, please continue to read.

WikiFX
2023-10-25 17:15
WikiFX Review: Is Colmex Pro Reliable?

NewsWIKIFX REPORT: TraderEvolution Enables ColmexPro to Boost its Multi-Asset Offering

A new partnership deal with the CySEC-regulated brokerage underpins TraderEvolution’s offering

WikiFX
2022-06-30 14:27
WIKIFX REPORT: TraderEvolution Enables ColmexPro to Boost its Multi-Asset Offering

NewsCySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

CySEC, the Cypriot financial market regulator, maintains its war on noncompliance, announcing enforcement action against two more regulated entities on Tuesday, Ayers Alliance Financial Group Limited and BrokerCreditService (Cyprus) Limited.

WikiFX
2022-04-20 11:51
CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

NewsColmex Pro is a Multi-Assets Trading Platform with over 78+ Assets

Colmex Pro is a multi asset platform with 78+ tradable Assets. Assets available on Colmex Pro include Forex trading, CFD trading, Spread Betting, Share Dealing. Colmex Pro trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.

WikiFX
2021-12-14 14:12
Colmex Pro is a Multi-Assets Trading Platform with over 78+ Assets

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爱牙口腔门诊
more than one year
Excellent support, without which it would have been a mess. Superb identification of the bug. Everything is perfect. So luckily, I chose Colemex Pro, this amazing broker.
Excellent support, without which it would have been a mess. Superb identification of the bug. Everything is perfect. So luckily, I chose Colemex Pro, this amazing broker.
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2023-03-01 09:43
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媛乐
more than one year
Trust me, CYSEC-regulated Colmex pro is definitely reliable. I have traded with it for years, and this broker never let me down, transparent trading fees, enthusiastic and professional customer support… everything perfect. Colmex Pro deserves more than five stars.
Trust me, CYSEC-regulated Colmex pro is definitely reliable. I have traded with it for years, and this broker never let me down, transparent trading fees, enthusiastic and professional customer support… everything perfect. Colmex Pro deserves more than five stars.
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2023-02-15 13:39
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