ColmexPRO Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：Colmex Pro is a Cyprus-based broker founded in 2009, regulated by CYSEC. It offers a diverse range of market instruments, for instance: Forex, Indices, Commodities, Stocks.

Colmex Pro Review Summary
Founded	2009
Registered Country/Region	Cyprus
Regulation	Regulated by CYSEC
Market Instruments	Forex, Indices, Commodities, Stocks
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Mobile App, Web Trader, MT4
Minimum Deposit	$1,000
Customer Support	Live Chat, Contact form
	Email: support@colmexpro.com, info@colmexpro.com
	Tel: +357 25 030036
	Social media: WhatsApp
	Address: 117 Makariou III Avenue & Sissifou (ex Lefkosias-Limnazousas) Street, Quarter of Apostoloi Petrou & Pavlou, 3021 Limassol, Cyprus.

Colmex Pro Information

　　Colmex Pro is a Cyprus-based broker founded in 2009, regulated by CYSEC. It offers a diverse range of market instruments, for instance: Forex, Indices, Commodities, Stocks.

Pros and Cons

Pros	Cons
Regulated by CYSEC	Fees charged
Demo Account Available	Limited info on trading conditions
Multiple contact channels	No MT5 support
MT4 supported	High minimum deposit of $1,000
Physical office proved
Five account types

Is Colmex Pro Legit?

　　Colmex Pro is legitimate. It is regulated by Cyprus Securities and Exchange Commission (CYSEC) under Colmex Pro Ltd, with license number 123/10.

Regulatory Status	Regulated
Regulated by	Cyprus Securities and Exchange Commission (CYSEC)
Licensed Institution	Colmex Pro Ltd
Licensed Type	Market Maker (MM)
Licensed Number	123/10

WikiFX Field Survey

　　WikiFX field survey team visited Colmex Pro's address in Cyprus, and we found its office on site, which means the company operates with an physical office.

What Can I Trade on Colmex Pro?

Tradable Instruments	Supported
Forex	✔
Indices	✔
Commodities	✔
Stocks	✔
Options	❌
Cryptocurrencies	❌
Bonds	❌
Futures	❌

Account Types

　　Colmex Pro offers five types of live trading accounts: Margin, Bronze, Silver, Gold, and VIP each designed for different levels of trader experience and investment size.

Account Type	Minimum Deposit	Minimum Order	Fee per share	Overnight Margin
Margin	$1,000	$2.50	$0.007	1:2
Bronze	$3,000	$2.50	$0.005	1:2
Silver	$10,000	$2.25	$0.0045	1:2
Gold	$25,000	$2.00	$0.004	1:2
VIP	$100,000	$1.75	$0.0035	1:2

Colmex Pro Fees

Overnight Leverage fee (above 1:1)	0.022% + Fed Rate/365
Excess overnight Leverage fee (above 1:2)	0.50%
Excess overnight Leverage fee (above 1:4)	0.25%

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
Mobile App	✔	iOS, Android	/
Web Trader	✔	Desktop	/
MT4	✔	Desktop, iOS, Android	Beginners
MT5	❌	/	Experienced traders