Advanced Global Markets
Colmex
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Colmex was established in 1990 and is based in Cyprus. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Colmex is regulated by Securities and Exchange Commission (SEC) among others. Advanced Global Markets serves 10,000+ clients worldwide; Colmex has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $100 at Colmex.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Securities and Exchange Commission (SEC) |
| Founded | 1992 | 1990 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Colmex, directly affecting your bottom line as a trader. Colmex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while Colmex does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Colmex does not. Overall, Colmex scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Colmex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Colmex supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Colmex compare. Advanced Global Markets runs regular live webinars; Colmex does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; Colmex does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Colmex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Colmex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Colmex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |