
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 Name | Colmex Pro |
📍 Headquartered | Limassol, Cyprus |
📅 Year Founded | 2010 |
⚖️ Regulating Authorities | CySEC, ACPR, BaFIN, FSB, CMNV and FCA |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | Yes |
👍 Demo / Practice Account | Yes, 100% Free |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1: 30 |
💰 Minimum Deposit | $ 500 |
👉 Sign Up Bonus Programme | No sign up bonus |
💳 Deposit Options | MasterCard Visa Bank Wire Transfer |
💳 Withdrawal Options | MasterCard Visa Bank Wire Transfer |
💻 Platform Types | MetaTrader 4, Webtrader, Colmex Pro Multitrader |
📱 OS Compatibility | PC, Mac, web, Android, iOS |
📈 Tradable assets offered | Over 110+ financial instruments that include forex, CFDs, precious metals, stocks, indices, commodities, bonds, and cryptocurrencies |
👨💼 Languages supported on Website | English |
👥 Customer Support Languages | In 8 languages that include English and Spanish |
📆 Customer Service Hours | 24/5 |
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:
- ✔️Minimum Deposit
- ✔️Deposit fees and deposit methods
- ✔️Step by step guide to deposit the minimum amount
- 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.
Step by step guide to depositing the minimum amount
Step 1 – Go to the Colmex Pro website
Open up the official Colmex Pro website
Step 2 – Create an account
Fill in all your personal details to open your account.
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 requirement | Currency conversion fees may apply |
No deposit fees charged | Limited account base currencies |
Regulated through various regulatory authorities | Limited 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.
Table of Contents
Toggle