General Information & Regulation
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. Colmex Pro is currently regulated by the Cyprus Securities and Exchange Commission (Regulation No. 123/10) and is subject to the MiFiD (Markets in Financial Instruments Directive), and is a long member of the Investor Compensation Fund.
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, commodities.
Leverage & Account
To meet different traders' trading needs and experience, the broker offers five different types of accounts: Basic (minimum deposit of $2,000), Semi-standard (minimum deposit of $3,000), Standard (minimum deposit of $5,000), VIP (minimum deposit of $10,000), and Premium VIP (minimum deposit of $50,000).
Spreads & Commissions of Colmex Pro
Commissions for Forex trading on Basic accounts are $14.50 per contract per side, $15 per contract per side for USD/ILS, $0.255 per contract per side for metals, $0.0255 per contract per side for silver, $1.55 per contract per side for energy, $1.55 per contract per side for indices, and $0.020 per contract per side for stocks. Commissions for Forex trading on Semi-Standard accounts are The commission for foreign exchange trading in a standard account is $4 per contract per side for USD/ILS, $0.125 per contract per side for metals, $0.0125 per contract per side for silver, $0.75 per contract per side for energy, $0.75 per contract per side for indices and $0.018 per contract per side for stocks. For VIP accounts, the commission is $3 per contract per side, $7.50 per contract per side for USD/ILS, $0.09 per contract per side for metals, $0.01 per contract for silver, $0.5 per contract per side for energy, $0.65 per contract per side for indices and $0.014 per contract per side for stocks. For VIP accounts, Forex trading commissions are $3 per contract per side, $7.50 per contract per side for USD/ILS, $0.09 per contract per side for metals, $0.009 per contract per side for silver, $0.4 per contract per side for energy, $0.5 per contract per side for indices, and $0.010 per contract per side for stocks. 0.005 per contract for metals, $0.375 per contract per side for energy, $0.42 per contract per side for indices, and $0.010 per contract per side for stocks.
Trading Platform
Colmex Pro offers traders the leading trading platform Colmex Pro, which supports both desktop and mobile versions and is highly customizable for both novices and seasoned professional traders. 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.
Deposit & Withdrawal
Colmex Pro accepts traders to fund their accounts through deposit and withdrawal methods including Visa/Mastercard credit cards, wire transfers, and PayPal.
Accpeted Regions
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.
Customers Support
Colmex Pro has a client support team that can be reached from 7am to 9pm every weekday from Monday to Friday. The client support desk can be reached via email, fax, phone numbers and instant web chat. Remote desktop support is available via'Team Viewer' screen share software. Traders can also leave their name, email and phone number for a support representative to contact them.
