colmexpro.com

4.1
4.1 Based on 21 reviews

Trade with a regulated broker! We at Colmex Pro offer advanced trading tools and a tailor made platform, to suite all your needs....

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Malachi Johnson
Looks Good at First — But Withdrawing Profits Is a Nightmare

I’m grateful to the company that helped me recover my money, as shown by my display name and profile image.At first glance, this broker leaves a decent impression. They claim order execution within 31 milliseconds, though in reality, I experienced 46 and 62 milliseconds, and hitting 31 was extremely rare. The initial deposit requirement is quite high at $5,000, which filters out casual traders — not necessarily a bad thing.However, their account types are confusing: a forex account, an account for trading shares, and another for trading CFDs on shares — each with different trading conditions. It’s unnecessarily complicated, and anyone looking to start here should very carefully read the User Agreement. For example, using trading advisors (EAs) requires special permission, and “abusive trading” is strictly prohibited — though it’s vague what exactly qualifies as abuse.While the broker doesn’t seem to interfere in trading directly, everything changes when you try to withdraw profits. Be warned:As soon as you submit a withdrawal, they may suddenly claim your account engaged in abusive trading or used unauthorized advisors. It’s entirely at their discretion which trades they decide fall into these categories, regardless of the evidence or arguments you provide.On top of that, there are frequent technical issues — slippage, delays, and platform glitches — for which they take no responsibility and offer no compensation.Payouts are not assured, and they make it unnecessarily difficult to access your own funds without providing clear reasons.The initial experience might be pleasant, but the moment you make a profit, it becomes a completely different story.

1
Date of experience: Apr 11, 2025

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Business Details

  • Trade with a regulated broker! We at Colmex Pro offer advanced trading tools and a tailor made platform, to suite all your needs.

  • language https://colmexpro.com

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