Colmex Pro vs XM

Colmex Pro vs XM Comparison Table 2023
Colmex Pro Review 2023	XM Review 2023
Review Not Yet Rated Colmex Pro is #15 in our CFD broker rankings.	Review 4.4
Traders from US accepted	Traders from US not accepted See available CFD brokers
Colmex Pro is a top retail trading provider offering competitive pricing.	XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.
Bonus Offer
	$30 No Deposit Bonus When You Register A Real Account
Promotions
	Improve The Speed & Reliability Of Your Trades With The XM VPS
Comment by Reviewer
	"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."
Pros
	Beginner-friendly educational materials including podcasts and expert-led webinars in 16 languages Premium research including market sentiment, fundamental insights and strategy builders Accessible trading accounts with a $5 minimum deposit and fast account opening Powerful MT4 and MT5 platforms available via desktop and mobile apps Reliable 24/7 customer support with fast response times during testing Hugely respected broker authorized by tier-one regulators Transparent and low fees with spreads from 0.0 pips 1000+ instruments including 50+ forex pairs No re-quotes and no rejections policy
Cons
	Weak regulatory oversight through the global entity Traders from the US not accepted $5 inactivity fee after 3 months VPS costs $28 per month PayPal not supported
Awards
	The Best Crypto CFDs 2022 - Financial Expo Egypt Best FX Service Provider 2022 - City of London Wealth Management Awards Best MT4/MT5 Broker 2021 - DayTrading.com Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards Best Trading Experience 2021 - Ultimate Fintech Best FX Service Provider 2021 - City of London Wealth Management Awards Best Broker in Customer Service 2020 - FX168 Global Forex Broker of the Year 2020 - Global Forex Awards
Instruments
Forex, CFDs, indices, shares, commodities	Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
Demo Account
Yes	Yes
Minimum Deposit
$500	$5
Trading Platforms
MT4	MT4 MT5
Payment Methods
Credit Card PayPal Visa Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Neteller Perfect Money Skrill TransferWise Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FSCA	ASIC, CySEC, DFSA, FSC, FSCA
Margin Trading
No	Yes
Margin Rate
	0.2%
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Yes	iOS, Android & Windows
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	XM global offers a user-friendly copy trading service. Aspiring investors can copy the trades of strategy managers. Investors can find strategy managers by viewing performance metrics and can decide how much they want to invest. Strategy managers can earn 50% of profits.
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$5
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP AUD JPY ZAR CHF SGD PLN HUF
Stock Exchanges
	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Silver	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Silver Soybeans Sugar Wheat
CFD Trading
Colmex Pro offers CFD trading in the markets.	Speculate on rising and falling prices with leveraged CFDs spanning popular markets, including currencies, equities and commodities. Traders get very low fees and high-quality market insights to support CFD trading.
Leverage
1:30	1:1000
FTSE Spread
Floating	1.5 pts (var)
GBPUSD Spread
0.4	1.9 (var)
Oil Spread
Floating	0.03 (var)
Stocks Spread
Floating	0.002 (var)
Forex Trading
Trade over 50 currencies with 1:30 leverage.	XM offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges. Forex can be traded 24/5 on desktop, web and mobile. Over 50 currency pairs are available including all majors.
Forex App
	XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today.
GBPUSD Spread
0.4	1.9
EURUSD Spread
0.4	1.6
EURGBP Spread
0.6	1.8
Assets
51	55+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	XM offers crypto trading through CFDs. This means investors can go long or short with leverage. XM offers an excellent range of cryptocurrencies, including major tokens like Bitcoin, Ethereum and Ripple.
Spread
	Variable
Coins
	BTC ETH LTC XRP BCH ADA XLM EOS NEO TRX DASH MIOTA XMR ZEC ETC BTG OMG QTUM BTT NANO AAVE ALG
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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