Colmex Pro is an established online trading broker offering their clients trading accounts in Forex, CFD and Stocks. The broker is owned by Colmex Pro Ltd., with offices located at: Office 3, 4th floor, Megaro Panagides 1 Chrysanthou Mylona Street, 3030, Limassol, Cyprus.
Colmex Pro Review
When reviewing the Stockbroker / CFD broker we see that Colmex Pro gives their clients a variety of trading platforms to use. They have the CFD Trader and the MetaTrader4 trading platform. Available are both desktop versions and a mobile app. Assets listed for trading are numerous, including stocks, currencies, market indices and commodity CFDs.
Their website and customer support is currently only available in English. Colmex leverage is up too 200:1 for forex trading and 20:1 for stocks. Many Europeans like this brokers for the ability to trade on the USA stock markets. As you probably already know, trading with leverage is risky. If you are a new investor, be sure you learn and fully understand the risks associated with using margin.
Minimum deposit for new accounts at Colmex Pro is $500. They offer six levels of account types which determine your commission rate structure. Rates for CFD trading is from $1.50 – $9.95 per trade, and for stock trading it is from $4 – $9.95, see here.
Colmex Pro License
When the Scam Broker Investigator reviews stock brokers and forex brokers to see if they are legitimate trading companies, or scam brokers, the first thing check for is a valid license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts. It is amazing that in 2016, there are still brokers who are not licensed.
We see that Colmex Pro is licensed and regulated in European Union by CySEC with license number 123/10. Additional they are licensed in South Africa by the Financial Services Board with license number 46990.
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What was your experience trading with Colmex Pro? Please write your review in the comment section below.