Colmex Pro Review 2023

/ 5
Colmex Pro is #12 in our CFD broker rankings.

Colmex Pro is a top retail trading provider offering competitive pricing.


Demo Account

MetaTrader 4

Islamic Account
Forex, CFDs, indices, shares, commodities
PayPal, Wire Transfer, Credit Card, Visa

Forex Trading

Trade over 50 currencies with 1:30 leverage.

Stocks Trading

Trade over 9,000 stocks and shares at Colmex Pro.

CFD Trading

Colmex Pro offers CFD trading in the markets.

Crypto Trading

Not Available

Colmex Pro is a Cyprus-based stock CFD and equities broker, offering several desktop and mobile trading platforms, including MT4 and MultiTrader. Before you start platform downloads, follow this review for details on commission and pricing, minimum deposits, demo accounts and more.

Colmex Pro Company Headlines

Since 2010, Colmex Pro has been providing access to over 9,000 US stocks to both private and institutional clients. The broker is based in Limassol, Cyprus, and is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the South African Financial Sector Conduct Authority (FSCA).

Since its establishment, the broker has gained over 8,000 registered clients who have traded over 4 billion shares on the variety of trading platforms available. The broker also offers tiered and fixed account plans to suit different experience levels.

Trading Platforms

Colmex Pro 2.0

The broker’s proprietary platform is suitable for both beginners and seasoned professionals. The platform includes a highly customisable interface which supports simple charting as well as advanced analytical tools. Features include:

Colmex Pro 2.0
Colmex Pro 2.0

The platform is ready to download from the website for Windows PC and Mac users.

MetaTrader 4

MT4 is the most popular forex trading platform, offering advanced technical analysis. Both Windows and Mac users can access a range of tools to suit their strategy, including market and pending orders, instant execution, stop orders and trailing stop.

There’s also interactive charts with 9 time periods, plus 23 analytical objects and 30 built-in technical indicators. Traders can also subscribe to signals and copy trading, or recruit algorithmic robots from the MetaTrader Market.

Colmex Pro MetaTrader 4
Colmex Pro MetaTrader 4

Colmex Pro MultiTrader

The broker’s MultiTrader offers a robust institution-grade platform for experienced traders. The platform comes with several intuitive and advanced functions, including low-latency and real-time data, order routing technology, Level 2 quotes for equities and options, as well as basket trades. Users also get access to a list of the top 20 and worst 20 performers, which is updated in real-time.

Colmex Pro MultiTrader
Colmex Pro MultiTrader

You can download MultiTrader from the website, or access it via the convenient web trader version.


Colmex Pro offers over 9,000 US stocks, including blue chip, mid-cap, small-cap, ETFs, ADR’s and hundreds of OTC stocks. There is also a selection of other assets available, including 51 major, minor and exotic currencies, precious metals, energies, agricultural commodities and 9 major indices.

Our review did note that cryptocurrency trading isn’t available.


For stock CFDs, pricing is based on tiered plans starting from $0.01 per share in the Bronze plan, which goes down to $0.005 per share in the Diamond plan. You can also choose a fixed plan, in which you pay $12 up to 3,000 shares in the Bronze plan and $9 up to 5,000 shares in the Diamond.

For equities, all tiered plans charge $0.01 per share and fixed plans start at $6.95 up to 3,000 shares. For other assets, commissions vary depending on the asset and which of the five plans you choose. Forex spreads start from 0.3 pips for major currency pairs but there is a $14.50 commission fee per 1 contract side in the Basic account.

There are also some other fees to be aware of, including a monthly inactivity fee of $30 for CFD accounts and $55 for equity accounts. This applies if there is no trading activity for 30 consecutive days. There are also overnight rollover (swap) fees, plus ECN and routing fees in CFD and equity accounts.


For retail clients, leverage is offered up to a maximum of 1:5 for stocks. For professional clients, you can leverage up to 1:20. Forex instruments can be leveraged up to 1:30.

Mobile Trading Review

Colmex Pro delivers three mobile apps for all available platforms: Colmex Pro 2.0, MetaTrader 4 and MultiTrader, suitable for both iOS and Android smartphone owners.

With Colmex Pro 2.0, traders get access to thousands of stocks, with simple order entry, real-time streaming prices and market depth, three popular chart styles, plus tens of available indicators.

Colmex Pro 2.0 mobile app
Colmex Pro 2.0 mobile app

MT4 offers superior trading tools and customisable features, including over 50 indicators and graphical objects, all order types and execution modes, plus a live news feed. There are also mobile adapted scale and scroll charts, which allow you to trade directly with just one tap.

MetaTrader 4 mobile app
Colmex Pro MetaTrader 4 mobile app

The MultiTrader mobile app offers a secure portable platform that offers a range of benefits, including detailed account management, live market data, as well as watchlists. Note that this app is only available for Android users.

MultiTrader mobile app
Colmex Pro MultiTrader mobile app

Deposits & Withdrawals

You can fund your account using credit/debit cards, bank transfer and online payment methods such as PayPal. Colmex Pro does not charge for deposits. For withdrawals, the first transaction of the month under or equal to $500 is free. Any following withdrawals are $40 (or €30 for Euro accounts).

Wire transfers take 3-5 business days to process. Credit card deposits are processed within 24 hours, usually within two hours after a deposit is made.

Demo Account

Colmex Pro offers a demo account for both beginners and experts who want to practice their trading strategies in a risk-free training environment. By default, demo accounts include a 25,000 virtual balance with 100,000 in buying power. However, you can request a higher balance to correspond to your needs.

Note that the demo is only open for 5 trading days, which is considerably less than most other brokers who offer a 30-day demo. The trader demo download can be accessed once you register for an account.

Colmex Pro Bonuses

As per CySEC restrictions, there are no deals or promotions offered at Colmex Pro at this time. You can always check the broker’s website or social media pages for updates.


Colmex Pro Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 123/10, and the South African Financial Sector Conduct Authority (FSCA) under license number 46990.

As a CySEC-regulated firm, Colmex Pro is a member of the Investor Compensation Fund which covers client funds up to €20,000 if the broker is unable to meet its financial obligations. The broker also keeps client funds in segregated bank accounts with top-tier banks. As a result, we’re comfortable that Colmex Pro isn’t a scam.

Additional Features

Aside from a blog which is available in English and Spanish, Colmex Pro does not offer any additional features or tools. Compared to similar brokers such as Interactive Brokers, this is disappointing as most traders expect to see a comprehensive range of resources to support their trading needs.

Colmex Pro market data
Colmex Pro market data

Account Types

Colmex Pro offers tiered or fixed plans for stock CFDs and equities. For Stock CFDs, the tiered plans on offer are Bronze, Silver, Gold, Platinum and Diamond. Minimum deposits in the Bronze plan start at $500, with a minimum order of $1.50. Fixed plans require a minimum deposit of $2,000 in the Bronze plan.

For equities, you can choose between a Bronze, Silver or Gold plan, starting at a $3,000 minimum deposit and a minimum order of $2.50 for tiered. Minimum deposits for fixed plans start at $25,000.

For forex, the minimum initial deposit is $2,000 or Euro equivalent and the minimum trade size is 0.01 lots. Spreads start from 0.3 pips in the MetaTrader 4 platform.


Benefits of trading with Colmex Pro include:


Limitations of trading with this broker include:

Trading Hours

Operating times for forex is 24 hours, from Sunday at 22:00 to Friday at 21:00 (GMT) in the MT4 platform. Spot metals and crude oil opens at 22:05 on Sunday and closes at 21:00 on Friday (GMT). Individual stock trading sessions can be found within the Colmex Pro trading platforms.

Customer Support

The multilingual customer support team at Colmex Pro is available from Monday at 07:00 to Friday at 20:00 (GMT), via email, telephone or live chat. There’s also a remote support service if you are experiencing any technical issues within your trading platform.


Most trading platforms, including the widely used MT4, come with standard SSL-encrypted security features and 2FA login options. These are designed to protect data exchange between client and broker servers. Colmex Pro could be more transparent around security used in their proprietary platforms.

Colmex Pro Verdict

For equity and CFD traders, Colmex Pro offers a vast range of stocks with a good choice of trading platforms. However, the variety of fees, the 5-day demo account and $500 minimum deposit may put off some beginners. Furthermore, the lack of educational resources and tools will not be enough to challenge other competitors.

Accepted Countries

Colmex Pro accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Payment Methods

Colmex Pro Details

Minimum Trade 0.01 lots
Regulated By CySEC, FSCA
Islamic Account Yes
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes
Social Trading No
Guaranteed Stop Loss No
  • Gold
  • Silver

CFD Trading Details

FTSE Spread Floating
GBPUSD Spread 0.4
Oil Spread Floating
Stocks Spread Floating
Leverage 1:30

Forex Trading Details

GBPUSD Spread 0.4
EURUSD Spread 0.4
EURGBP Spread 0.6
Assets 51

Compare Colmex Pro

Compare Colmex Pro with similar brokers that accept traders from your location. Among available brokers these are the most similar to Colmex Pro:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to

Colmex Pro Comparison Table

Compare Colmex Pro With Similar Brokers
Colmex Pro OANDA Webull
Rating 2.5 4.5 4.4 4.5
Markets Forex, CFDs, indices, shares, commodities Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $500 $0 $0 $100
Minimum Trade 0.01 lots $0 $5 $1
Bonus $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4 MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 1:30 EU, 1:200 Global 1:200
Payment Methods 4 12 3 8
Visit Visit Visit Visit Visit
Review Colmex Pro

Compare Trading Instruments

Compare the markets and instruments offered by Colmex Pro and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Colmex Pro Trading Instruments
Colmex Pro OANDA Webull
CFD Yes No No Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes No Yes
Oil No No No Yes
Gold Yes Yes No Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No Yes No No
Crypto No Yes Yes Yes
Futures No No No Yes
Options No No Yes Yes
ETFs No No Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting No No No No
Volatility Index No No No No

Colmex Pro vs Other Brokers

Compare Colmex Pro with any other broker by selecting the other broker below.

Colmex Pro vs


Is Colmex Pro a scam? 

Colmex Pro is regulated in two jurisdictions, by CySEC and FSCA, and is a legitimate company registered in Limassol, Cyprus. The broker is unlikely to be a scam, but traders should thoroughly research any potential brokers before making a decision.

Does Colmex Pro offer a demo account?

Yes, the broker offers a trader demo where you can practice your trading skills with virtual money. Note that the account is only available for 5 trading days.

What countries does Colmex Pro accept?

Colmex Pro accepts registrations from multiple countries across Europe, Africa, Asia and the Middle East, including the United Kingdom, France, Turkey, Israel and Japan. The broker also accepts US citizens, as well as clients from Canada.

How much do I need to open a Colmex Pro account? 

The minimum initial deposit required to open a Bronze plan for stock CFDs is $500. Fixed plans for stocks start at $2,000. A Basic plan for forex trading also starts at $2,000.

What can I trade at Colmex Pro? 

The broker offers over 9,000 stocks, plus hundreds of options and ETFs. There are also 51 major, minor and exotic currencies, 9 major indices, plus a small selection of precious metals, energies and agricultural commodities.

Colmex Pro is a top retail trading provider offering competitive pricing.