This is a review of Colmex Pro. What is Colmex Pro? How does it work? What do you get from it? Should you look at other alternatives instead? This is just a few of the many questions this short review helps you answer!
Name of the Company: Colmex Pro
Official Website URL: https://www.colmexpro.com/
Owner: Colmex Pro Ltd
Overall rating: (3 / 5)
Recommended? : Yes
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What is Colmex pro? How does it work? Which features make it superior? Is it reliable? These are some of the questions that we shall be looking at in this review. My objective is to help you conclude at the end of this review whether or not you can use Colmex Pro, or you can recommend it to those who you think would need it. The main highlights of this review include:
– What is Colmex Pro?
– How does it work?
– Which features does it have?
– How is it priced?
– Is it a scam or is it legit?
– What are the main pros and cons of Colmex Pro?
What is Colmex Pro?
Colmex Pro has established its position as one of the best providers of Equity, FX, as well as CFD trading for a wide variety of private investors and institutions on a global scope. This company is governed by Mifid (Markets in Financial Instruments Directive) and is licensed by CySEC (Cyprus Securities and Exchange Commission). Effectively speaking, this company is therefore expected to live up to certain standards by Mifid and CySEC. This is the main reason why most investors have gained confidence with Colmex Pro. This company is also a member of the popular Investor Compensation Fund (ICF), which is a body that has very strict regulations on the safety of the investors’ operations.
Colmex Pro is committed to ensuring that all clients gain access to all the tools that they require for them to successfully execute their online trades. With all the advanced trading tools and the customer and technical support, the clients can only boast of having a secure trading platform in which they can earn their living without any hitches.
Overall, Colmex Pro has managed to build its reputation as one firm that can be trusted to deliver high-quality services at very low costs. Its long-standing relationship with institutions such as regulated brokerage companies as well as banks enable it to present its services to all clients as the most affordable costs, and at the desired level of quality.
How does it work?
Opening an account at Colmex Pro is quite easy. You can actually open an account and begin trading within a matter of minutes. There is a quick registration screen on the homepage of Colmex Pro’s official website. All you are required to do is to enter your functional email address and to click “Start Now”. You will then receive an email with instructions on how to set up a free trading account.
With a Colmex Pro account, you will gain access to a $6 trillion forex market and the Wall Street stock market. This happens to be one of the most liquid markets in the entire world. There are 22 currencies to investors to trade in, and there are also other commodities such as stocks, oil, and gold.
In order to begin making the money, Colmex Pro expects you to:
1. Choose your preferred account
You can choose to work with Live Equities/ CFD on Equities accounts, or Live Forex accounts. The live accounts enable you to begin trading right away and to execute your trades as fast as you would like to.
2. Bankroll your trading account
You should make sure that your account is funded for you to start executing your preferred trades.
3. Reach out to the customer service team in case you have any concerns
The customer service staff at Colmex Pro is available five days a week to help you solve all your needs (excluding weekends).
This Cyprus-headquartered company helps investors achieve their objectives through trading platforms and Colmex Pro accounts.
The trading platforms availed by this company include:
– Web Trader
– Colmex Pro MT4
– Colmex Pro MT4 Mobile
– Colmex Pro Trader
– Colmex Pro Multi trader Mobile
– Colmex Pro Multi trader
The accounts that you can choose from on the Colmex platform include:
– Live Equities/ CFD on Equities.
– Live Forex Accounts
– Demo CFD Accounts
– Demo Forex Accounts
Colmex Pro has some of the fairest prices in the market, which is why many customers choose to rely on it. If you open a trading account today, you can expect to pay the following fees:
– $ 2000 minimum deposit (if you prefer equities trading then you should be ready to pay the $3000 minimum deposit).
– A 0.026% fee on overnight daily margin interests.
– There are no ECN or Sec fees for the CFD trades.
– ECN and Sec fees are charged on Equity trades.
– 0.5% overnight daily penalty is charged on all unauthorized balances that are over 1:2 on the client’s opened trades.
Is it a scam or is it legit?
Colmex Pro is a genuine company. It is licensed under the number 123/10 by CySEC and is also authorized to provide financial services by the Financial Services Board which is headquartered in South Africa.
This company offers free demo accounts which you can use to familiarize yourself with how the real trading platforms operate. Registering for a practice account comes with the following benefits:
– Market information.
– You can test Colmex Pro’s speed of execution.
– You get free access to live trading prices as well as the real-time charts.
There are also several reviews of this company on the internet and none points to it being fake. This means you can trust this company to help you achieve your trading needs.
Pros and Cons
It might be wise to compart the positives against the negatives to get a better overall view of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Affordable price rates
– Excellent customer service
– Offers value to investors
– Used by more than 10,000 traders
– Does not allow scalping
– Average rating of (3/5) which does not portray excellence in its service provision
A better alternative than Colmex Pro?
in the end, it won´t come down to what platform (or platforms) you use but rather on HOW you use them. That is also why I ALWAYS recommend getting help from someone who is already successful, instead of trying to go at it alone,
or worse, listening to mainstream advice, or advice from platform providers themselves (they only want your money).
If you want to become successful at trading, the absolute #1 recommendation I can give you is to look at InTheMoneyStocks services, they are very affordable and you can get subscriptions for less than a hundred bucks per month from them.
**They got a proven track record since back in 2007 and have continued to create success stories ever since making people rich by showing them how to trade the right way and giving them signals and trade alerts, etc.
Do You Own or represent Colmex Pro?
If you are a representative, or associate of Colmex Pro and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.
Final words and verdict
Overall rating: (3 / 5)
Ok, I think that sums up the overall view of Colmex Pro pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
Please always compare different companies and services against each other and always make sure to know how much you pay for so there are no “hidden-fees” coming as a nasty surprise later on.
What we at Gold Retired recommend?
There are many similar services out there. We have many trading platforms, and related resources listed on this website, you can find the top-rated ones in any of the menus on this website. However, if you are looking to become the best trader you possibly can then the absolute #1 thing I can recommend to you is that you might want to look at and try our #1 recommendation yourself below:
I hope you found this short review of Colmex Pro to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com