Colmex Pro – Is it scam or safe?
Colmex Pro Ltd. is licensed and regulated by the Cyprus Securities & Exchange Commission (CySEC). The CySEC license allows it to conduct financial services, including forex.
However, there are some posts in forex forums that inform about bad practices related to poor customer support, slow processing of withdrawals and hidden fees.
So far, we haven’t received any complaints from clients of colmex.trade.
If you feel frustrated by colmex.trade and have something to share with us, please fill in the form below, describing your case:
I shout tell you they have hidden fees and they never mention about them unless you ask them. They charged me $15 when deposited my account and then charged me $40 when I withdrew. Moreover, there is $55 inactivity fee per month. This was my first broker and now I don’t regret I’ve sent more money. I recommend finding another broker.
People, I want to share with you that there is a lawsuit against ColmexPro about collecting illegal interests and dividends. I also want to inform you that the depositing process is easy but Colmex makes the withdrawal process too complicated. I still cannot get my money from my account. DO NOT use Colmex! I am really disappointed from them and I can conclude they are moving to scamming!
I’ve recently opened an account with ColmexPro but I am disappointed there are hidden taxes. Hidden because they didn’t tell me anything about that while I was registering. Colmex took USD15 from my first deposit and now I already know they will charge me another USD40 for every withdrawal. I don’t know any other broker that charges such big fees. So, their rates are only mentioned in legal documents and they are not properly placed on the website. This can be the first step to scamming so I recommend staying away from this broker.
Guys, Colmex Pro Trader is the worst platform I ever tried. Too heavy to run, buggy, I do not recommend it at all. Very very complicated. Find another broker and platform