Colmex Pro offers 4,000+ CFDs and more than 3,000 US stocks for trading. With a minimum deposit starting from $500, the brokerage provides various account types in 3 categories [Equities, Options, CFDs], offering leverage up to 1:30.
Colmex Pro Company and Regulation Licenses
Colmex Pro is a financial services company under the legal name Colmex Pro Ltd. Key Specifics:
- Founded on January 1, 2010
- Regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 123/10
- Located at 117 Makariou III Avenue & Sissifou Street, Quarter of Apostoloi Petrou & Pavlou, 3021 Limassol, Cyprus
Colmex Pro Broker Table of Key Specifics
The table below includes key details and parameters of the discussed company as a Forex broker:
Broker | Colmex Pro |
Account Types | Margin Account, Bronze, Silver, Gold, and VIP for Equities and Options (with different specifics for each category) Bronze, Silver, Gold, Platinum, Diamond for CFDs |
Regulating Authority | CySEC |
Based Currencies | USD, EUR, GBP |
Minimum Deposit | $500 |
Deposit Methods | VISA, MasterCard, Skrill, Bank Wire Transfer |
Withdrawal Methods | VISA, MasterCard, Skrill, Bank Wire Transfer |
Minimum Order | 0.01 |
Maximum Leverage | 1:30 |
Investment Options | None |
Trading Platforms & Apps | MetaTrader 4, Colmex Pro 2.0 |
Markets | Forex, Stocks, Commodities, Metals, Indices, Crypto |
Spread | Min. 0.8 Pips on EURUSD |
Commission | Varies |
Orders Execution | Market |
Margin Call / Stop Out | N/A / 50% |
Trading Features | IPO |
Affiliate Program | None |
Bonus & Promotions | None |
Islamic Account | Yes |
PAMM Account | None |
Customer Support Ways | Ticket, Phone Call, Live Chat, Email |
Customer Support Hours | Monday to Friday, 08:00 to 23:00 CET |
Trading Account Types
Colmex Pro offers various account types in each asset category with differences in the minimum deposit, minimum order, and fees. CFDs Account Types:
Account Type | Bronze | Silver | Gold | Platinum | Diamond |
Min. Deposit | $500 | $5,000 | $10,000 | $25,000 | $50,000 |
Min. Order | $1.5 | $1.25 | $1 | ||
You can review and compare Equities accounts in the table below:
Account Type | Margin Account | Bronze | Silver | Gold | VIP |
Min. Deposit | $1,000 | $3,000 | $10,000 | $25,000 | $100,000 |
Min. Order | $2.5 | $2.25 | $2.00 | $1.75 | |
Day Margin | 1:4 | 1:6 | |||
Overnight Margin | 1:2 | ||||
Personal Account Manager | Yes | ||||
Options Account Types Overview:
Account Type | Margin Account | Bronze | Silver | Gold | VIP |
Min. Deposit | $1,000 | $3,000 | $10,000 | $25,000 | $100,000 |
Option Price | $2 per Contract | $1.75 per Contract | $1.5 per Contract | $1.25 per Contract | $1 per Contract |
Islamic (swap-free) accounts are available upon request. The maximum available leverage across all accounts is 1:30.
Benefits and Drawbacks
When choosing any company or service, considering advantages and disadvantages helps us having a fair perspective. Pros and Cons of Colmex Pro:
Benefits | Drawbacks |
Regulated by CySEC | Complicated Account and Fee Structure |
Various Tradable Symbols | High Minimum Deposit Requirement |
Advanced Trading Platforms With Features Like Level 2 Data | - |
Colmex Pro Account Opening and Verification Tutorial
The process of signing up in this broker is the same as that in other brokerages regulated by CySEC. Registration Guide:
- Go to the company's website and click on "Open Account";
- Type in your email address;
- Enter the code sent to your email in the field;
- Create a secure password and confirm it.
At this stage, your account is created on the broker. Complete your profile by providing additional personal information and verify your account by submitting proof of identity and proof of residence.
Trading Platforms and Related Applications
Colmex Pro offers 2 trading platforms: a popular option in the industry and a proprietary one.
Colmex Pro 2.0
The broker introduces its proprietary platform as "highly customizable and high-performance". Download it for your mobile devices or access it on your browser via these links:
MetaTrader 4
The second provided trading platform does not need much introduction as it is the most popular terminal in the industry. Download Links For Mobile:
Spreads and Commissions on Colmex Pro
The broker has designed several structures and plans [tiered, fixed] in various accounts for trading commissions that are mentioned on the official website.
In general, Colmex Pro's trading fees are above average. However, there are tight spreads in this brokerage, starting from 0.8 pips on EUR/USD.
No deposit fee is charged by this company. A $5 cost for withdrawals less than $400 is charged; $400 or larger amounts are free of charge.
Funding and Withdrawal Methods
As stated on the company's website, Colmex Pro provides 4 options for making payments in both ways:
- VISA
- MasterCard
- Skrill
- Bank wire transfers
Are Any Copy Trading and Investment Features Available?
As per the latest information, Colmex Pro does not offer any features for earning passive income, such as copy trading or signal channels.
Note that these are not the core functions of a financial broker; therefore, a lack of them cannot be considered a serious drawback.
Financial Symbols for Trading in Colmex Pro
Colmex Pro offers a very long list of 7,000+ tradable instruments, with over 3,000 of them being US stocks. Other Available Markets as CFDs:
- Forex
- Crypto
- Metals
- Indices
- Commodities
Bonuses and Promotional Offers
We investigated the company's website and other sources; no bonuses/promotions are available. Most brokerages regulated by top-tier authorities, such as CySEC, take the same approach regarding this matter.
Support Section Contact Methods and Open Hours
The support team in Colmex Pro is available via 4 contact channels:
- Email: support@colmexpro.com
- Phone: +357 25 030036
- Live Chat: Available on the website and via WhatsApp
- Ticket: Through the "Contact Us" page
Also, the support agents can help you via TeamViewer for technical issues. The working schedule is Monday to Friday, 08:00 to 23:00 CET.
Colmex Pro Broker List of Restricted Countries
This company cannot accept clients from certain countries due to regulatory restrictions or legal limitations. The list, as stated on the official website's footer, includes these countries:
- United States
- Canada
- Japan
- North Korea
- Iran
- Myanmar
Also, the company "does not distribute CFD products" to residents of these regions:
- Cyprus
- Belgium
- France
- Israel
- Spain
Trust Ratings and User Evaluations
Colmex Pro's page on Trustpilot and other reliable sources shows overall mixed ratings. Let's have a quick overview:
- Trustpilot: 4.8/5 with 130+ reviews
- ScamAdviser: 10/100 Trustscore given by the website
- ForexPeaceArmy: 1.43/5 with 15+ user scores
Educational Resources
Colmex Pro's educational offerings are relatively limited compared to some competitors. To be precise, the broker's website includes a "Blog" page with few articles about IPOs, trading strategies, technical analysis, etc. No other content purposed for education is provided.
Conclusion And Final Words
Colmex Pro, a broker with a 4.8/5 score on Trustpilot based on 130+ user reviews, provides support services via 4 channels [email, phone call, ticket, live chat]. The support schedule is Monday to Friday, 08:00 to 23:00 CET.