FXOpen vs Colmex Pro
FXOpen or Colmex Pro – which is better for UK traders 2024? Compare FXOpen and Colmex Pro in this detailed breakdown of their platforms, features and fees.
FXOpen | Colmex Pro |
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FXOpen is ranked #72 among CFD brokers. | Colmex Pro is ranked #97 among CFD brokers. |
FXOpen is a multi-asset broker with regulation from several trustworthy bodies including the UK's FCA. The broker offers CFD trading on forex, stocks, commodities, indices, cryptocurrencies and ETFs via the MetaTrader 4 & 5 and TradingView platforms. | Colmex Pro is a top retail trading provider offering competitive pricing. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares | Forex, CFDs, indices, shares, commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
£300 | $500 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, CySEC, ASIC | CySEC, FSCA |
Mobile Apps | |
iOS & Android | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade are supported, two of the highest-rated and easiest to use third-party copy trading platforms on the market. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
Yes | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
FXOpen offers CFDs on multiple assets including forex, stocks, commodities, indices, cryptocurrencies and ETFs. Leverage and spreads vary by instrument, with spreads starting from zero and fast order execution. | Colmex Pro offers CFD trading in the markets. |
Leverage | |
1:30 (EU), 1:500 (Global) | 1:30 |
FTSE Spread | |
0.8 | Floating |
GBPUSD Spread< | |
0.2 | 0.4 |
Oil Spread | |
4.0 | Floating |
Stocks Spread | |
N/A | Floating |
Forex | |
FXOpen clients can trade 50+ forex pairs (28 on micro accounts) with leverage up to 1:30. Fees are competitive with spreads starting from zero with a small commission on ECN accounts, and slightly wider spreads and no commission on STP accounts. | Trade over 50 currencies with 1:30 leverage. |
Assets | |
50+ | 51 |
GBPUSD Spread | |
0.2 | 0.4 |
EURUSD Spread | |
0.2 | 0.4 |
EURGBP Spread | |
0.2 | 0.6 |
Cryptocurrency | |
FXOpen offers CFDs on 40 cryptocurrency pairs, including cross-pairs with BTC as well as pairs with various fiat currencies such as GBP, USD and JPY. Crypto CFDs are tradeable with leverage of 1:2. Only pro traders can access crypto derivatives in the UK. | |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
FXOpen | Colmex Pro |
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