All Share (J203) = 89 573
Rand / Dollar = 18.38
Rand / Pound = 23.80
Rand / Euro = 19.90
Gold (usd/oz) = 3 083.81
Platinum (usd/oz) = 984.27
Brent (usd/barrel) = 72.37
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Colmex Pro Minimum Deposit

Colmex Pro - Minimum Deposit

 

Colmex Pro Minimum Deposit is $500. This is very high when compared to other broker minimum deposit fees, making it less accessible to beginner and smaller retail traders.

 

Colmex Pro at a glance

Broker's NameColmex Pro
📍 HeadquarteredLimassol, Cyprus
📅 Year Founded2010
⚖️ Regulating AuthoritiesCySEC, ACPR, BaFIN, FSB, CMNV and FCA
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
👍 Demo / Practice AccountYes, 100% Free
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1: 30
💰 Minimum Deposit$ 500
👉 Sign Up Bonus Programme No sign up bonus
💳 Deposit OptionsMasterCard
Visa
Bank Wire Transfer
💳 Withdrawal OptionsMasterCard
Visa
Bank Wire Transfer
💻 Platform TypesMetaTrader 4, Webtrader, Colmex Pro Multitrader
📱 OS CompatibilityPC, Mac, web, Android, iOS
📈 Tradable assets offeredOver 110+ financial instruments that include forex, CFDs, precious metals, stocks, indices, commodities, bonds, and cryptocurrencies
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesIn 8 languages that include English and Spanish
📆 Customer Service Hours24/5

 

Min Deposit

USD 100

Regulators

CySEC, MiFID

Trading Platform

Colmex Pro Expert, Colmex Pro Trader, MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our Colmex Pro Minimum Deposit below.

 

Colmex Pro Minimum Deposit  – 4 Key Points Overview:

  1. ✔️Minimum Deposit
  2. ✔️Deposit fees and deposit methods
  3. ✔️Step by step guide to deposit the minimum amount
  4. Pros and Cons

 

Here is our overview of the Colmex Pro Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

Minimum Deposit

The minimum deposit requirement with Colmex Pro is $ 500. This minimum deposit amount is equivalent to ZAR 7 426.20 at the current exchange rate between the US Dollar and the South African Rand at the time of writing. Colmex Pro was founded in 2010 and is a Cypriot Forex broker company that is headquartered in Limassol, Cyprus.

 

Since its inception, the company has spread its wings and today have offices all over Europe. The broker operates in the European Union jurisdiction under strict regulation that enables them to provide their clients with a transparent, trustworthy, and respected trading environment. Because Colmex Pro is situated in Cyprus it is regulated through CySEC and falls under the MiFID derives of the European Union. All the regulatory licenses are implemented under the European Economic Area (EEA) agreement.

 

Due to the strict regulations of the regulatory bodies, all client funds must be kept in a segregated bank accounts with top-tier banks, separate from the broker account. Colmex Pro is also a member of the Investor Compensation Fund (ICF) which means that claims clients have if the broker should go insolvent are covered.

 

Deposit fees and deposit methods

The minimum deposit required by Colmex Pro when registering a live account is not too high, when compared to other brokers. One drawback with this broker though, is that it does not offer many payment methods to choose from. Traders can only use MasterCard, Visa, and Bank Wire Transfer. The only deposit currencies accepted are USD and EUR.

 

No deposit fees are charged when funds are transferred into a trader account. However, when making a withdrawal, the first transaction of the month under or equal to $ 500 is free. After that withdrawal fees of $ 40 is charged. Traders should also verify with the financial institution they use to determine whether it waives its own fees. These often depend on the payment method used as well as the amount which is deposited into the trading account.

 

colmex pro fees

 

Step by step guide to depositing the minimum amount

👉 Step 1 – Go to the Colmex Pro website

Open up the official Colmex Pro website

Colmex Pro step 1

 

👉 Step 2 – Create an account

Fill in all your personal details to open your account.

Colmex pro step 2

 

👉 Step 3 – After logging in successfully, they only need to follow the instructions to make a deposit into their trading account.

 

👉 Step 4 – Funds must be transferred in the same currency as the bank account to which they are sending it to. Should this not be done, traders may be subjected to currency conversion fees.

 

Min Deposit

USD 100

Regulators

CySEC, MiFID

Trading Platform

Colmex Pro Expert, Colmex Pro Trader, MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Colmex Pro Pros and Cons

✔️ Pros❌ Cons
Fairly minimum deposit requirementCurrency conversion fees may apply
No deposit fees chargedLimited account base currencies
Regulated through various regulatory authoritiesLimited payment methods offered

 

You might also like: Colmex Pro Review

You might also like: Colmex Pro Account Types Overview

You might also like: Colmex Pro Demo Account – Step by Step

You might also like: Colmex Pro Fees and Spreads

You might also like: Colmex Pro Islamic Account Overview

You might also like: Colmex Pro Sign up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit for Colmex Pro?

$ 500.

 

How do I make a deposit and withdrawal with Colmex Pro?

  • MasterCard
  • Visa
  • Bank Wire transfer

 

Does Colmex Pro charge withdrawal fees?

Yes. For withdrawals, the first transaction of the month under or equal to $ 500 is free, after that a fee of $ 40 is charged.

 

How long does it take to make a withdrawal?

Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 22, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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