Rating Index
Pros
Colmex is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring adherence to European financial standards and providing a level of security for traders.
The broker offers a diverse range of trading platforms, including MT4 and proprietary options, catering to both beginners and experienced traders.
Colmex has a relatively low minimum deposit requirement, making it accessible for new traders to start trading with a minimum of $100.
Cons
Colmex does not offer negative balance protection, which can expose traders to the risk of losing more than their initial deposit.
The broker has limited trading instruments, as it does not support cryptocurrency, commodity, or energy trading, which may restrict options for some traders.
Customer support response times can be slow, particularly for email inquiries, which may lead to frustration for users needing immediate assistance.
Colmex broker Accounts
Colmex Pro Account Types
Colmex Pro offers a variety of account types to cater to different trading needs and experience levels. The available accounts include:
- Live Equities or CFD on Equities Account
- Minimum Deposit: $3,000 for equities, $2,000 for CFDs
- Maximum Leverage: 1:5
- Commission: $1.5 per trade
- Live Forex Account
- Minimum Deposit: $250
- Spreads: Starting from 0.3 pips
- Maximum Leverage: 1:30
- Colmex Pro Pricing Account
- Types: Bronze, Silver, Gold, Platinum, Diamond
- Minimum Deposit:
- Bronze: $500
- Silver: $5,000
- Gold: $10,000
- Platinum: $25,000
- Diamond: $50,000
- Fee per Share:
- Bronze: $0.01
- Silver: $0.008
- Gold: $0.007
- Platinum: $0.006
- Diamond: $0.005
- Minimum Fee:
- Bronze: $1.5
- Silver: $1.5
- Gold: $1.5
- Platinum: $1.25
- Diamond: $1
- Demo Account
- Duration: Valid for 14 days
- Purpose: Practice trading with virtual funds
- Islamic Account
- Features: Swap-free, compliant with Sharia law
Visit the Website
Go to the official Colmex Pro website.
Start Registration
- Enter your email address on the quick registration screen and click "Start Now."
- You will receive an email with instructions for setting up your account.
- Fill in Personal Details
- Provide your first and last name, date of birth, country, and phone number.
- Accept the terms and conditions.
- Complete Additional Forms
- Fill in your address, zip code, and identification details.
- Answer questions regarding your employment and trading experience.
- Verification
- Upload proof of identity (passport, ID, or driver's license) and proof of residence (utility bill).
- Fund Your Account
- Make an initial deposit to activate your account. The minimum deposit varies by account type.
- Start Trading
- Once your account is funded, you can begin trading on the Colmex Pro platform.
Colmex Pro Broker Account Opening Process
Opening an account with Colmex Pro is a straightforward process that can be completed in just a few steps:
For further assistance, Colmex Pro offers customer support available 24/5 through live chat, phone, and email.
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