Colmex Pro what you should know
Colmex Pro offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.
With Colmex Pro you will need a minimum deposit of $varies. You can sign up for a demo account to acquaint yourself with Colmex Pro platform.
Colmex Pro are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Colmex Pro safe?
When choosing a broker like Colmex Pro the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 1990, and in operation for 29 years Colmex Pro have a head office in Cyprus.
Colmex Pro is regulated. This means Colmex Pro are supervised by and is checked for conduct by the SEC and their Keystone regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Colmex Pro, this will be honored. If Colmex Pro violate any regulatory rules their regulated status could be stripped.
Any payments funded to Colmex Pro accounts by traders are held in a segregated bank account.
For added security Colmex Pro use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Try creating two accounts when you are working with Colmex Pro. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit Colmex Pro
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Colmex Pro General Fees
- Colmex Pro withdrawal fees varies on payment method
- Colmex Pro does charge inactivity fees
Colmex Pro Commissions
- Colmex Pro does charge commission on CFD shares
What can you trade with Colmex Pro?
You can trade a wide variety of instruments with Colmex Pro over 78 instruments infact.
If you are looking at trading currency pairs Colmex Pro offer over currency pairs.
Compare Colmex Pro with Interactive Brokers and XTB below.
| FX / Currencies | colmexpro | IB | XTB |
|---|---|---|---|
| # of forex pairs offered | 10 | 50 | |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | No | Yes | |
| Exotic forex pairs | NO | Yes | |
| Cryptocurrencies | NO | No | Yes |
| Commodity CFDs | Colmex Pro | Interactive Brokers | XTB |
|---|---|---|---|
| # of commodities offered | 0 | ||
| Metals | No | Yes | Yes |
| Energies | No | Yes | Yes |
| Agricultural | No | Yes | Yes |
| Indiced & Stock CFDs | Colmex Pro | Interactive Brokers | XTB |
|---|---|---|---|
| # of Stocks offered | 1500 | ||
| UK Shares | Yes | Yes | Yes |
| US Shares | NO | Yes | Yes |
| German Shares | No | Yes | Yes |
| Japanese Shares | No | Yes | Yes |
|
colmexpro's
Instruments |
IB's
Instruments |
XTB's
Instruments |
Trading on Colmex Pro web platforms and other applications
Colmex Pro offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.
An Colmex Pro IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device
Colmex Pro also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.
See colmexpro's platformsColmex Pro Trading benefits :
- Allows hedging
- Offers STP
- Low min deposit
Colmex Pro Trading Accounts offered:
- Standard account
- ECN account
- Islamic account
Can I try Colmex Pro before I buy?
Colmex Pro offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
What funding methods do Colmex Pro accept?
Colmex Pro offer the below funding payment methods. learn more about Colmex Pro
- Skrill
- Neteller
How can I start trading with Colmex Pro?
When opening a trading account with Colmex Pro, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Colmex Pro trading platforms here.
Performing trades with Colmex Pro
Colmex Pro allow you to execute a minimum of trade of $ 1.5. This may vary depending on the account you open. Colmex Pro allow you to execute a maxium trade of varies. As Colmex Pro offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Colmex Pro offer margin up to % on currencies.
Support at Colmex Pro
Colmex Pro support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
What you will need to open an account with Colmex Pro
As Colmex Pro is regulated by SEC and their Keystone , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore Colmex Pro's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with Colmex Pro you can visit their website here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.colmexpro.com on 12th August 2018.
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COLMEX PRO Frequently Asked Questions
Can I try Colmex Pro before I buy?
Colmex Pro do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Colmex Pro accept?
Colmex Pro offer the below funding payment methodsSkrill, Neteller, among other payment methods. Learn more here
How can I start trading with Colmex Pro?
When opening a trading account with Colmex Pro, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Colmex Pro trading platforms here.
Is my money safe with Colmex Pro?
Colmex Pro is regulated by SEC and their Keystone . One of the most important criteria for traders when choosing a broker like Colmex Pro is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Colmex Pro, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.