Haven’t found your ideal broker yet? Take a moment to look at Colmex Pro and see if it suits you. It is a Cypriot broker that is becoming increasingly well known, for good and bad reasons. Here is our 2025 Colmex Pro review to find out whether this broker is reliable or a scam.
Who Is Colmex Pro? Our Review
Colmex Pro is a broker, meaning an intermediary that gives you access to the financial markets. This brokerage firm was founded in 2010, which makes it an experienced trading company.
As for its origins, Colmex Pro was founded in Cyprus, where it has its head office at: 8 John Kennedy Street, Kanika Enaerios Complex, Iris House office 440C-D, 4th floor, Limassol, 3106, Cyprus. Colmex Pro is therefore not a French broker.
Colmex Pro calls itself the best intermediary for accessing the world’s largest stock exchange. It promises clients great investment opportunities at competitive prices. So does the broker keep its promises, or is it just advertising hype? You will find the answers in this Colmex Pro review.
To go further, also read our guides “Finq.com Review” and “Panthera Trade Review“.
What You Get When Trading With Colmex Pro
- a stable company
- a few assets to trade
- available customer service
- reliable regulation
- fund protection
- an easy-to-use broker
Is Colmex Pro a Market Maker or an ECN Broker? Our Review
Orders on this broker are executed at real market prices, which means Colmex Pro is not a market maker. It is an Electronic Communication Network (ECN) broker. This type of broker sends your orders directly to the interbank market, so you get real prices. The transparency of an ECN broker such as Colmex Pro is also worth highlighting. As a result, Colmex Pro has no control over the trades you make, which limits conflicts of interest.
Key Information About Colmex Pro
Want an overview of Colmex Pro? Here is the information to consider to form an opinion.
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Year Founded | 2010 |
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What Leverage Is Available at Colmex Pro?
On leverage, our Colmex Pro review is somewhat negative. The broker only lets you use high leverage on forex trading. For currency pairs, you get maximum leverage of 1:400. For other instruments such as CFDs, you only get 1:30 leverage, which limits how far you can amplify your positions.
Although this leverage limit is a safety measure, it remains a drawback. Vantage, on the other hand, offers high leverage on all its available products.
Instruments Available at Colmex Pro
Colmex Pro’s product range includes several assets, for example:
- Forex (major and minor currency pairs)
- More than 9,000 shares, including those of the biggest companies (Amazon, Netflix, Coca-Cola, etc.).
- Precious metals such as silver and gold.
- Energies: natural gas and oil
As you can see, there is not much variety at this broker, a far cry from a broker of eToro’s calibre. On this point, our Colmex Pro review is also negative. Other important instruments such as indices and bonds are still missing.
Deposits and Withdrawals at Colmex Pro
Funding your account is a key step in trading, so you should choose a broker with fast and easy payment methods. Colmex Pro accepts the following:
- Credit/debit cards
- E-wallets such as PayPal
- Bank transfers
Of course, you can use these methods to withdraw funds too. But what about processing times? The broker does not say on its website. However, here are estimated times for each payment method:
- 1 to 5 days by bank transfer
- 1 to 3 days by credit/debit card
- Instant or within 24 hours by e-wallet.
The minimum deposit with these payment methods is $2,000. The broker does not charge fees on your transactions, but some payment providers do. So check all these details before making a deposit or withdrawal with this broker.
All in all, our Colmex Pro review on deposits and withdrawals is fairly positive.
How to Contact Colmex Pro
To get in touch with this broker, simply use one of the following channels:
- Fax: +357 25 030037
- Phone: +357 25 030036
- Live chat
The broker is available 24 hours a day to answer all your questions.
Is Colmex Pro Trustworthy? Our Review
Let’s continue this Colmex Pro review by looking at how much trust you can place in this broker. Deciding whether a broker is trustworthy means looking at two factors:
- The broker’s history of fraud
- The broker’s regulation.
Scams at Colmex Pro
Colmex Pro is accused of many things, some true and some not. As for scams, rest assured that this broker has never been involved in any. You can complain about some of the broker’s limitations, but nobody can prove that Colmex Pro stole money from them. What’s more, the broker has never been the subject of legal proceedings. Based on these points, you can consider Colmex Pro trustworthy, but wait until you see its regulation.
Colmex Pro Regulation
Colmex Pro’s reliability is guaranteed by:
- the Cyprus Securities and Exchange Commission, the authority that regulates all trading in Cyprus.
- South Africa’s Financial Services Board.
If Colmex Pro is authorised by such authorities, it means you can trust it.
Does Colmex Pro Exist in France?
Colmex Pro’s services can be accessed from France, but the broker has no presence there. You will also notice that the broker’s website is in English only. So Colmex Pro France does not exist: the broker has no office or website for French traders. All this costs it points in this Colmex Pro review.
Is Colmex Pro an AMF Broker?
The Autorité des Marchés Financiers does not regulate Colmex Pro, so it is not an AMF broker. Normally, a lack of AMF regulation would disqualify a broker from offering services in France. However, Colmex Pro is regulated by CySEC. Like the AMF, this authority is a national regulator in the eurozone that follows ESMA rules.
That is why Colmex Pro cannot be on the AMF blacklist and can offer its services in France even without an AMF licence.
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This broker applies two measures to safeguard your money. First, it keeps your money in accounts separate from its own, proving it cannot use your money without your knowledge.
As well as segregated accounts, the broker also offers a compensation fund. However, the amount of compensation is not stated on the website. That said, CySEC brokers generally cover bankruptcies up to €20,000.
So our Colmex Pro review on fund protection is positive. The broker both segregates accounts and covers you in a crisis, just what you need for peace of mind.
Awards Received by Colmex Pro
A quality broker should have at least one award to its name. A trophy is proof of the quality of a broker’s service.
Unfortunately, everything suggests that Colmex Pro has not won any awards. Looking through the information on its website, we found no such detail. A broker that had won a trophy would surely show it off, which suggests this broker has not yet received a single award.
For this reason, our Colmex Pro review on awards is negative.
Account Types Available at Colmex Pro
You can choose between different account types with Colmex Pro. This part of our Colmex Pro review gives a quick overview of each one:
- Demo account: for practice only and 100% free. However, you can only use it for 14 days. After that, you need to switch to one of the live accounts below.
- Standard account: the broker’s basic version
- ECN account: the most popular account type on the platform.
Colmex Pro does not provide enough information on the specific features of its accounts. You will find out each account’s features if you decide to sign up.
It is a real shame that Colmex Pro has no swap-free Islamic account. This type of account is ideal for swing trading and complies with Islamic finance principles. Our Colmex Pro review on account types is therefore negative.
Fees Charged by Colmex Pro
To make money, Colmex Pro charges fees on your positions. The broker applies three main types of fees:
- Spreads: the difference between market prices (buy and sell)
- Commissions: charges the broker applies to the various services it sells
- Swaps: charges for keeping your positions open outside normal trading sessions.
Let’s look at these fees in this Colmex Pro review.
Spreads at Colmex Pro
This is another point on which Colmex Pro leaves a big information gap. We know the broker applies spreads on all available assets, but it gives no precise information on its average spreads. It simply says they can be very low.
In any case, spreads at Colmex Pro come from the real market, so they vary with market movements.
Commissions
Online broker Colmex Pro charges a small commission on your trades: between $1.50 and $2.50 per trade. Apart from this, the broker charges no other commissions, or at least does not mention any other fees.
Swaps
Swap levels are never set in advance. You need to calculate the amount based on the duration of your position, its size and the asset traded.
Apart from this lack of information on spreads, our Colmex Pro review is positive. Its commissions are affordable.
Platforms Available at Colmex Pro
Colmex Pro offers several platforms:
- Colmex Pro 2.0: this is the broker’s own in-house platform. It comes in three versions: WebTrader, desktop software and mobile app.
- MetaTrader 4: the best-known trading platform in the world, with all the basic functions for placing an order. At Colmex, you also get its WebTrader and its iOS/Android mobile app.
- MultiTrader: in addition, you also get this software, which is excellent for short selling.
Given this range of software, our Colmex Pro review is positive. The broker offers its own software as well as MetaTrader, putting it on a par with brokers such as AxiTrader when it comes to trading platforms.
Slippage and Order Execution: Our Review
Colmex Pro’s execution speed is not stated on its official website. Also remember that it is an ECN broker, and this type of broker often has shortcomings. If there is not enough liquidity, execution times lengthen and cause slippage.
On this point, our Colmex Pro review is negative. The broker does not guarantee quality execution.
Training at Colmex Pro
There is no training programme at Colmex Pro. The broker offers some blog content in English and Spanish. Beyond that, no educational resources are available.
Trading Tools Available
Here are some tools you can use at Colmex Pro:
- Trading algorithms
- Trading signals
- Charts
- Technical indicators
- Calculators
- Economic calendar
Becoming a Colmex Pro Affiliate: What to Do
If you want to sign an agreement and become a partner of this broker, just ask. Fill in the affiliate forms and send them to the broker. If you are accepted, you earn commissions on every new client you bring to Colmex Pro.
Colmex Pro vs Other Brokers
Here is a comparison table pitting Colmex Pro against other high-performing brokers:
Broker | Strengths | Client Rating | |
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| ★★★☆☆ 3/5 | Discover |
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| ★★★★★ 5/5 | Discover |
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| ★★★★☆ 4.5/5 | Discover |
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| ★★★★☆ 4.5/5 |
Pros and Cons
Discover all the positive and negative sides of this broker.
Pros | Cons |
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Colmex Pro Review: Our Verdict
Given the various limitations shown in this Colmex Pro review, it is clearly not the best option, much like IFC Markets according to reviews. Its lack of training combined with a limited range of instruments is unacceptable. You are better off looking for an alternative, and Vantage is the ideal broker in this case.
To share your opinion or ask questions about Colmex Pro, leave us a comment.