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5.97/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $500
Trading platform:
  • MT4
  • Colmex Pro 2.0
Regulation:
  • CySEC
Foundation date:
  • 2010
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Our Evaluation of Colmex Pro

5.97/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Colmex Pro is a moderate-risk broker with the TU Overall Score of 5.97 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Colmex Pro clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.

Colmex is a broker for professional traders who are ready to invest over $1,000 in the stock markets.

Brief Look at Colmex Pro

Colmex is a professional broker founded in 2009 for Forex and OTC markets. The company allows trading CFDs on all types of standard assets, except for cryptocurrencies. It also offers to invest in over 9,000 stock assets of OTC and exchange markets, including IPOs and ETFs. The broker is headquartered in Cyprus and licensed by the regulators of Cyprus.

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Advantages of trading with Colmex Pro:
  • Over 11,000 trading asset types are available including Blue chips, OTC markets, IPOs, and depositary receipts; also classic CFD assets.
  • Availability of an insurance fund with payment of up to €20 thousand for each trader's account.
  • Segregation of customer accounts.
  • Flexible approach to the formation of tariff policy.
  • A proprietary platform for professional trading that surpasses MT4 in many respects.
Disadvantages of Colmex Pro:
  • High initial deposit. For most accounts, the minimum entry threshold is from 2-3,000 USD.
  • Offshore regulation.
  • Withdrawal commission.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

Colmex Pro provides trading services with a focus on stock market instruments, offering over 11,000 tradable assets including CFDs, OTC stocks, IPOs, and ETFs through MT4 and Colmex Pro 2.0 platforms. While Forex trading is facilitated, cryptocurrency trading is unavailable. Colmex Pro's account types vary in structure, catering primarily to professional and institutional clients with a minimum deposit of $500 up to $50,000, and leverage up to 1:400. Notable benefits include a flexible fee policy, an insurance fund up to €20,000 per account, and high-speed order execution.

Drawbacks of Colmex Pro include its high minimum deposit thresholds and offshore regulation, which may concern some traders. Withdrawal fees and the lack of educational resources could deter beginners. The platform seems more suitable for experienced and professional traders, given its proprietary trading tools and complex account structure. Novice traders or those seeking lower investment thresholds should consider these factors when choosing Colmex Pro, as its offerings may not align with their needs.

Trade with this broker, if:
  • You're an experienced trader seeking advanced features. Colmex Pro offers a powerful trading platform with advanced charting tools, market depth data, and various order types, providing in-depth analysis and precise control over your positions.
  • You want access to IPOs. Colmex Pro allows retail investors to participate in IPOs at the issue price before public trading begins, providing an opportunity for early access to potentially high-growth companies.
  • You prefer a mobile-first approach. Colmex Pro's mobile app offers full functionality, allowing you to manage your account and trade anywhere, anytime. This flexibility is beneficial for active traders who need constant market access.
Do not trade with this broker, if:
  • You prioritize negative balance protection. Colmex Pro does not offer this feature, meaning you could potentially lose more than your deposited funds if your trades go against you. This poses a significant risk, especially for those with limited capital or risk tolerance

Colmex Pro Trading Conditions

79.79% of retail investors accounts lose money when trading CFDs with this provider.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

💻 Trading platform: МТ4 (desktop, mobile), Colmex Pro 2.0 (desktop, web, and mobile)
📊 Accounts: Groups of accounts: CFDs on stocks, Equities, Forex, Options, etc.
💰 Account currency: USD, EUR, and GBP
💵 Deposit / Withdrawal: Visa, MasterCard, PayPal, Bank Wire
🚀 Minimum deposit: USD 500
⚖️ Leverage: from 1:200 up to 1:400
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 EUR/USD spread: 0,2 pips
🔧 Instruments: Over 11,000 instruments, 8,000+ of which are stocks
💹 Margin Call / Stop Out: 50%. There is no stop-out for traders with the "Professional/Qualified" status
🏛 Liquidity provider: n/a
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Order execution: Market execution
⭐ Trading features: Stockbrokers focused on unique structured products
🎁 Contests and bonuses: No

Colmex offers services in three directions: CFD trading in Forex with all types of assets, except for cryptocurrencies; trading in shares on the OTC market; CFD trading on different types of shares. There are several sub-type of accounts in each direction, which differ in the minimum deposit and the amount of commission. There may be a withdrawal fee depending on the withdrawal amount and frequency.

Colmex Pro Key Parameters Evaluation

Video Review of Colmex Pro

User Satisfaction i

Score:
5.9/10

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theresia_ng
19 weeks ago

The Colmex Pro broker offers a wide range of assets - over 11,000 instruments, including CFDs, OTC shares, IPOs and depositary receipts. Particularly attractive is the availability of blue chips - shares in large, stable and highly liquid companies, such as Apple, Microsoft, Tesla and other global giants. They are seen as more reliable assets, which can be an advantage for long-term investors, although potential customers should be warned about the high entry threshold. Most accounts have a minimum deposit of $2,000 to $3,000, which may be too high for novice traders. Before signing up, it's a good idea to check that these conditions match your abilities and strategy.

Le courtier Colmex Pro propose une large gamme d'actifs - plus de 11 000 instruments, dont des CFD, des actions OTC, des IPO et des certificats de dépôt. La disponibilité des blue chips - actions de grandes entreprises stables et très liquides, telles qu'Apple, Microsoft, Tesla et d'autres géants mondiaux - est particulièrement attrayante. Elles sont considérées comme des actifs plus fiables, ce qui peut être un avantage pour les investisseurs à long terme.
Il convient toutefois de mettre en garde les clients potentiels contre le seuil d'entrée élevé. La plupart des comptes sont assortis d'un dépôt minimum de 2 000 à 3 000 dollars, ce qui peut s'avérer trop important pour les traders débutants. Avant de s'inscrire, il convient de s'assurer que ces conditions correspondent à vos capacités et à votre stratégie.

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rastan
22 weeks ago

Colmex Pro is a regulated offshore broker, and at the same time the entry threshold is quite high. The minimum deposit of $2,000 to $3,000 will make you think twice, especially when you consider that many competitors offer more affordable terms. Before investing such a sum, you should weigh the pros and cons 30 times over. On the other hand, the broker offers an insurance fund with coverage of up to 20,000 euros per account. This reinforces confidence in the security of the funds, particularly in the event of unforeseen circumstances. However, the question of regulation and the high starting amount remains a moot point that is important to consider before making a decision.

Colmex Pro est un courtier régulé offshore, et en même temps le seuil d'entrée est assez élevé. Le dépôt minimum de 2 000 à 3 000 dollars vous fera réfléchir à deux fois, surtout si l'on considère que de nombreux concurrents offrent des conditions plus abordables. Avant d'investir une telle somme, vous devriez peser le pour et le contre 30 fois.
D'autre part, le courtier propose un fonds d'assurance avec une couverture allant jusqu'à 20 000 euros par compte. Cela renforce la confiance dans la sécurité des fonds, en particulier en cas d'imprévus. Toutefois, la question de la réglementation et du montant de départ élevé reste un point discutable qu'il est important d'examiner avant de prendre une décision.

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nitin61
23 weeks ago

Colmex Pro is a proprietary trading platform designed for professional traders. In some respects, it is superior to MT4: advanced technical analysis features, advanced risk management tools and high order execution speed. What's more, the interface is intuitive, and integration with news services means you can react quickly to market events. However, like any proprietary platform, it takes some getting used to, especially for those who have been using the classic MetaTrader platform for years. Among the drawbacks, the withdrawal fee is quite high. This can be an unpleasant surprise, especially for traders who plan to withdraw their profits frequently. Before opening an account, you should study all commissions carefully to avoid unexpected costs.

Colmex Pro propose une plateforme de trading propriétaire conçue pour les traders professionnels. Sous certains aspects, elle est en effet supérieure à MT4 : fonctionnalités avancées pour l'analyse technique, outils avancés pour la gestion des risques et grande vitesse d'exécution des ordres. En outre, l'interface est intuitive et l'intégration avec les services d'information vous permet de réagir rapidement aux événements du marché. Cependant, comme toute plateforme propriétaire, il faut s'y habituer, surtout pour ceux qui utilisent la plateforme MetaTrader classique depuis des années.
Parmi les inconvénients, la commission de retrait des fonds est assez importante. Cela peut être une surprise désagréable, en particulier pour les traders qui prévoient de retirer fréquemment leurs bénéfices. Avant d'ouvrir un compte, il convient d'étudier attentivement toutes les commissions afin d'éviter des coûts inattendus.

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rickhn60
2 years ago

Newbie scam. I will briefly talk about Colmex Pro without inventing anything. Everything here is done so beautifully that you will not immediately feel the catch. They say that they are looking for partners, that they are ready to help in everything. They say that you need to invest, and they will help. But it's not like that. As soon as you transfer the money, they will say goodbye to you.

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joynn18
2 years ago

Everything was fine until it came to the withdrawal of money. It turned out that the transfer of money is possible only in one direction, when you transfer money to them, it is transferred at lightning speed without any problems. But if you try to transfer back - an error occurs, it is removed from the account and disappears in an unknown direction. You are offered to use other payment systems. It’s good that I didn’t think of transferring a serious amount to them.

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lisafoll27225899869
3 years ago

I have been trading for almost half a year on Forex and with the Colmex broker, what can I say - the Forex market is unpredictable, this is a fact, but the broker also takes its toll. I didn’t manage to make money, as it is generally not easy on the foreign exchange market. I can’t say anything good about the broker either, I didn’t like it.

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RudolphTog
3 years ago

I would not advise choosing this broker for those who trade Forex instruments from time to time or for small amounts. Although I'm not sure that even with a lot of money and knowing how to trade, you can make money with Colmex Pro. There are many tools available here, so you can combine Forex with stock trading. I trade stock indices and stocks with this broker. CFD on currency is traded by the MT4 advisor for me, he also conducts the analysis. The size of the brokerage commission suits me, but the presence of additional fees for withdrawing funds is definitely a minus. It is not always possible to wait until there is more than $500 on the balance, so you have to pay 40 bucks to withdraw smaller amounts.

Score:
4.95/10

Trading Account Opening

Don’t forget to register on the Traders Union website before opening an account with Colmex. If you follow the account opening form using the Traders Union affiliate link, you will get a partial compensation of the spread for each trade closed.

To open an account:

1

Click on the "Free Demo" or "Open an Account” button located in the upper right corner on any page of the Colmex website. Complete the registration form.

Colmex Review — Completing the demo account registration form
Colmex Review — Completing the demo account registration form
Colmex Review — Completing the demo account registration form
2

After filling out the registration form for a demo account, a request will be automatically sent to the broker's support service. You will get a letter with account activation to your email within 5 minutes. To open a real account, go through the 5-stage registration process.

Colmex Review — Automatic support request
Colmex Review — Automatic support request
3

Features of the Colmex personal account:

1. Access to trade statistics for separate time intervals:
Colmex Review — Trade statistics
Colmex Review — Trade statistics
2. Account movement:
Colmex Review — Account movement
Colmex Review — Account movement
1. Access to trade statistics for separate time intervals:
Colmex Review — Trade statistics
Colmex Review — Trade statistics
2. Account movement:
Colmex Review — Account movement
Colmex Review — Account movement

Extra functions within the Colmex personal account:

  • Statistics on internal and external transactions.

  • Statistics on income and loss in the context of different categories of assets.

  • Statistics on ECN accounts.

Score:
We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
9/10

Regulation and safety

Colmex Pro has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Advantages
  • Tier-1 regulated
  • Negative balance protection
  • Track record over 15 years
Disadvantages
  • Strict requirements and extensive documentation to open an account

Colmex Pro Regulators and Investor Protection

Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
CySec CySec Cyprus Securities and Exchange Commission Cyprus Up to €20,000 Tier-1

Colmex Pro Security Factors

Foundation date 2010
Negative balance protection Yes
Verification (KYC) Yes
Score:
We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
6/10

Commissions and fees

The trading and non-trading commissions of broker Colmex Pro have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.

Advantages
  • Tight EUR/USD market spread
  • No deposit fee
  • No withdrawal fee
Disadvantages
  • Above-average Forex trading fees
  • Inactivity fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Colmex Pro with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Colmex Pro’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Colmex Pro Standard spreads

Colmex Pro Pepperstone OANDA
EUR/USD min, pips 0,8 0,5 0,1
EUR/USD max, pips 1,4 1,5 0,5
GPB/USD min, pips 0,8 0,4 0,1
GPB/USD max, pips 1,5 1,4 0,5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Colmex Pro RAW/ECN spreads

Colmex Pro Pepperstone OANDA
Commission ($ per lot) 3,5 3 3,5
EUR/USD avg spread 0,2 0,1 0,15
GBP/USD avg spread 0,2 0,15 0,2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Colmex Pro. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Colmex Pro Non-Trading Fees

Colmex Pro Pepperstone OANDA
Deposit fee, % 0 0 0
Withdrawal fee, % 0 0 0
Withdrawal fee, USD 0-40 0 0-15
Inactivity fee ($, per month) 0 0
Score:
5.25/10

Account types

Colmex Pro offers over 10 types of accounts, which are divided into logical groups and subgroups. The differences between the groups are in the model for commissions accrual and in the approach to determining the trading volumes. The difference between the subgroups is in the commission accrual base. Differences between the types of accounts in each subgroup are in the amount of the minimum deposit, the amount of commission, and trade volumes.

Group types:

Account Type
Description
Forex
It has no subgroups. It has 5 types of accounts with deposits from $2,000 to $50,000. Commissions from $14.5 to $2,000 per 1 lot. Trading assets are currencies, metals, fuels, indices, stocks, agricultural, and other market assets.
Equities
Stocks, options, indices, and other structured products. It is divided into 2 subgroups: Tiered plans trading has 3 accounts; and fixed plans trading has 2 subaccounts. Deposits range from $3,000 to $50,000. The volume of the position is determined in USD and the commission is charged for 1 share or a full package.
Stock CFDs
Trading CFDs on stocks on the OTC market. It has 2 subgroups of 5 accounts each. Deposits are from $3,000 to $50,000. The tariff policy is flexible.

There is a demo account to study the trading terms but It has functional limitations.

Score:
This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
5.7/10

Deposit and withdrawal

Colmex Pro received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Colmex Pro provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Advantages
  • Low minimum withdrawal requirement
  • Bank wire transfers available
  • BTC available as a base account currency
  • Bank card deposits and withdrawals
Disadvantages
  • PayPal not supported
  • Minimum deposit above industry average
  • Limited deposit and withdrawal flexibility, leading to higher costs

What are Colmex Pro deposit and withdrawal options?

Colmex Pro provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, BTC.

Colmex Pro Deposit and Withdrawal Methods vs Competitors

Colmex Pro Plus500 Pepperstone
Bank Wire Yes Yes Yes
Bank card Yes Yes Yes
PayPal No Yes Yes
Wise No No No
BTC Yes No No

What are Colmex Pro base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Colmex Pro supports the following base account currencies:

What are Colmex Pro's minimum deposit and withdrawal amounts?

The minimum deposit on Colmex Pro is $500, while the minimum withdrawal amount is $30. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Colmex Pro’s support team.

Score:
The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change.
7.5/10

Markets and tradable assets

Colmex Pro offers a wider selection of trading assets than the market average, with over 11000 tradable assets available, including 51 currency pairs.

Advantages
  • Passive income with bonds
  • Indices trading
  • 11000 assets for trading
Disadvantages
  • Crypto trading not available
  • Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Colmex Pro with its competitors, making it easier for you to find the perfect fit.

Colmex Pro Plus500 Pepperstone
Currency pairs 51 60 90
Total tradable assets 11000 2800 1200
Stocks Yes Yes Yes
Commodity futures No Yes Yes
Crypto No Yes Yes
Stock indices Yes Yes Yes
Options No Yes No

Investment options

We also explored the trading assets and products Colmex Pro offers for beginner traders and investors who prefer not to engage in active trading.

Colmex Pro Plus500 Pepperstone
Bonds Yes No No
ETFs No Yes Yes
Copy trading Yes No Yes
PAMM investing No No Yes
Managed accounts No No No
Score:
5.71/10

Customer support

Information

The support service assists 5 days a week around the clock. It doesn’t work on weekends or holidays.

Advantages

  • Available 24/5

Disadvantages

  • Doesn't answer simple questions in the chat. Transfers correspondence to email. The holdover time between replies by email is about 10 minutes
  • Answers are not comprehensive or professional. You need to ask many leading questions.

This broker provides the following communication channels for its clients:

  • via online chat;

  • by phone numbers, as indicated on the website;

  • contact form;

  • via email.

Contacts

Foundation date 2010
Registration address 117 Makariou III Avenue & Sissifou (ex Lefkosias-Limnazousas) Street, Quarter of Apostoloi Petrou & Pavlou, 3021 Limassol, Cyprus.
Regulation CySEC
Official site https://colmexpro.com/
Contacts
+357 25 030036
Score:
4.28/10

Education

Information

Colmex’s policy also provides for cooperation with professional traders. Therefore, there is no training section on its website.

Education and training on the Colemex website
Education information not found on the Colmex website
Not applicable.
There is no education section or information.

A demo account is provided for self-study.

Comparison of Colmex Pro with other Brokers

Colmex Pro Eightcap XM Group RoboForex Pocket Option IC Markets
Trading
platform
MT4, Colmex Pro 2.0 MT4, MT5, TradingView MT4, MT5, MobileTrading, XM App MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 MT4, cTrader, MT5, TradingView
Min deposit $500 $100 $5 $10 $5 $200
Leverage From 1:1
to 1:400
From 1:30
to 1:500
From 1:1
to 1:30
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:500
Trust management No No No No No No
Accrual of % on the balance No No No 10.00% No No
Spread From 1.4 point From 0 points From 0.8 points From 0 points From 1.2 point From 0 points
Level of margin call
/ stop out
50%  /  10% 80%  /  50% 100%  /  50% 60%  /  40% 30%  /  50% 100%  /  50%
Order Execution Market Execution Market Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No No No Yes No No

Detailed Review of Colmex Pro

Colmex is a professional trading broker with a focus on stock market instruments. The pricing model and trading terms are designed to streamline conditions for novice and passive traders. Deposits on almost all accounts are from 2-3 thousand dollars. Trading in structured products such as options, ADRs, ETFs, and investing in IPOs, harbor confusing and sometimes conflicting terms and commissions. Thus, the broker immediately shows that it is focused on serious cooperation and is aimed at institutional clients.

Colmex by the numbers:

  • Over 11,000 trading assets; 500+ options; 2000+ shares; and 350+ ETFs are available for trade.

  • Over 8,000 active traders.

  • The average order execution speed is 31ms or less.

Colmex is the stockbroker for institutional clients

Colmex is a stockbroker that brings traders’ transactions to the OTC market using a pass-through order processing method. The classic ECN scheme is also kept here and it works on Forex accounts.

The broker's trading platforms are MT4 and Colmex Pro. Colmex Pro is available in two versions: MultiTrader and 2.0. Both versions are similar and significantly superior to MT4 in several technical parameters. For example, there is a Level 2 Depth of Market that allows you to see the volumes of orders for each quote. The number of basic indicators has increased by 2x. These platforms are optimal for trading stock assets, while MT4 is more suitable for Forex trades.

Colmex has no useful services yet. The broker's team allows the development of their proprietary applications, scripts, and tools to simplify and automate trading and memberships. But so far, the main goal of Colmex Pro is to optimize the existing model of interaction between traders and global financial markets.

Advantages:

1

Access to non-standard stock assets that are classified as professional exchange and OTC markets.

2

Availability of an insurance fund of up to €20 thousand for each account.

3

Proprietary advanced trading platform.

There is a demo account to create a general idea of the broker's capabilities and platform functionality.

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