Colmex
patersons securities limited
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 patersons securities limited was established in 2015 and is based in United States. Colmex holds licences including Securities and Exchange Commission (SEC), while patersons securities limited is regulated by AFS Licence 234666 among others. Colmex serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $100 at Colmex and $250 at patersons securities limited.
| Feature | Colmex | patersons securities limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Securities and Exchange Commission (SEC) | AFS Licence 234666 |
| Founded | 1990 | 2015 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Colmex and patersons securities limited, directly affecting your bottom line as a trader. Colmex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at patersons securities limited). Neither broker charges withdrawal fees. patersons securities limited charges deposit fees; Colmex does not. Overall, Colmex scores higher on fees in our assessment.
| Feature | Colmex | patersons securities limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Colmex offers MT4, MT5, cTrader, while patersons securities limited 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 | patersons securities limited |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Colmex and patersons securities limited compare. patersons securities limited runs regular live webinars; Colmex does not. Both provide video tutorials. patersons securities limited publishes daily market commentary; Colmex does not. Both integrate third-party research tools. patersons securities limited maintains an archive of past webinars for on-demand viewing. patersons securities limited scores higher overall in education and research.
| Feature | Colmex | patersons securities limited |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 patersons securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). patersons securities limited uniquely supports PayPal and Skrill and Neteller among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.
| Feature | Colmex | patersons securities limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Colmex and patersons securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Colmex supports 2 languages and patersons securities limited supports 8, giving patersons securities limited broader global reach. Both brokers are comparable on support quality.
| Feature | Colmex | patersons securities limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |