Colmex Pro vs XM

Colmex Pro vs XM Comparison Table 2023
Colmex Pro Review 2023 XM Review 2023
Not Yet Rated

Colmex Pro is #15 in our CFD broker rankings.

4.4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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
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
Commodities
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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