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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Colmex Pro

United Kingdom United Kingdom | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://colmex24.com/eu/

Website

Rating Index

Contact

442037691124
https://colmex24.com/eu/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
5

Basic Information

Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
Colmex Pro Ltd
Abbreviation
Colmex Pro
Employees
--
Contact Number
442037691124
Verified Site
About Us
Disclosure
Wiki Q&A
Comment

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Official Website

Verified Site

  • colmex24.com
    198.27.74.118
    Server Location
    Canada Canada
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: Colmex Pro's official website: https://colmex24.com/eu/ is currently inaccessible normally.

Colmex ProReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationFSCA (Exceeded), CySEC (Suspicious clone)
Market InstrumentsIndices, Commodities, Bonds, Forex
Demo Account/
Leverage/
Spread/
Trading Platform/
Min Deposit$2000
Customer SupportPhone: +44 20 3769 1124

Colmex Pro is an offshore broker which illegally uses the name of a regulated broker —Colmex Pro. It offers trading on Indices, Commodities, Bonds, Forex with a extremely high minimum deposit requirement of $2000.

Pros and Cons

ProsCons
NoneNo valid regulation
Unavailable website
High minimum deposit

Is Colmex Pro Legit?

Colmex Pro exceeds the business scope regulated by Financial Sector Conduct Authority FSCA (license number: 46990) in South Africa.

Besides, the Cyprus Securities and Exchange Commission (CYSEC) regulation (license number: 123/10) claimed by this broker is suspected to be clone.

Exceeded FSCA license
Suspicious clone CySEC license

What Can I Trade on Colmex Pro?

Tradable Instruments Supported
Indices
Commodities
Bonds
Forex
Cryptocurrencies
Stocks

Account Type

Account TypeMinimum Deposit
Basic$2,000
Semi Standard$3,000
Standard$5,000
VIP$10,000
Premium VIP$50,000

The minimum deposit with the broker is $2000 for a “Basic” account. This is a very high investment for a forex account.

Colmex Pro Fees

The commissions listed on the Colmex Pro website are extremely high – for the Basic account, a fee of $14.5 per contract per side is listed for the currency trading.

Colmex Pro also charges monthly inactivity fees – from $30 to $55 depending on the account type. And these fees are imposed after just 30 days of inactivity.

In addition, the Colmex Pro website describes a number of additional fees that do not exist with legitimate brokers. These include, for example, the “Corporate Action Fee” of $5. According to information given on the website, a client is also required to pay a dividend if he maintains a short position in a companys stock.

Deposit and Withdrawal

The only payment method mentioned on the website is bank transfer. Colmex Pro mentions that it does not charge fees for bank transfer deposits, and for withdrawals of less than $500. For higher amounts, the withdrawal fee is $40 or €30.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Colmex Pro a reliable or highly suspicious trading platform?

Colmex Pro Ltd presents significant reliability concerns. According to WikiFX data, its overall score is an exceptionally low 1.48, and its regulatory status is listed as 'Unverified'. The broker operates with reported licenses from Cyprus CySEC and South Africa FSCA that are also flagged as unverified, meaning it lacks credible, authoritative oversight. This profile indicates a highly suspicious entity with severe risks for client funds and dispute resolution.

04-02
United States

What is the current regulatory status of Colmex Pro?

Colmex Pro's regulatory status is categorically Unverified. The broker reports licenses from Cyprus CySEC (123/10) and South Africa FSCA (46990), but both are flagged as unverified by WikiFX. This means there is no demonstrable proof of valid, active regulation from these bodies. Consequently, the broker operates without the oversight required to ensure segregated client accounts or provide regulatory mediation, placing it in a high-risk category.

04-02
United States

Where is Colmex Pro registered?

Colmex Pro Ltd is registered in the United Kingdom and has been operating for an estimated 2-5 years. However, its business scope is listed as 'Suspicious', and its registration does not confer any regulatory authorization for forex trading activities in the UK or other major jurisdictions.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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