Colmex
Forex.com
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Colmex was founded in 1990 and is headquartered in Cyprus, while Forex.com was established in 2001 and is based in United States. Colmex holds licences including Securities and Exchange Commission (SEC), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. Colmex serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $100 at Colmex and Typical at Forex.com.
| Feature | Colmex | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Regulation | Securities and Exchange Commission (SEC) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 1990 | 2001 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between Colmex and Forex.com, directly affecting your bottom line as a trader. Colmex has a lower barrier to entry with a minimum deposit of $100 (vs Typical at Forex.com). Forex.com charges withdrawal fees while Colmex does not, giving Colmex an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; Colmex does not. Forex.com charges deposit fees; Colmex does not. Overall, Colmex scores higher on fees in our assessment.
| Feature | Colmex | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Colmex offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Colmex | Forex.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone,Mac | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Colmex and Forex.com compare. Forex.com runs regular live webinars; Colmex does not. Both provide video tutorials. Forex.com publishes daily market commentary; Colmex does not. Both integrate third-party research tools. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Colmex | Forex.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Colmex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | Colmex | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Colmex and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Colmex supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | Colmex | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Arabic |