Colmex Pro Ltd is a company that brags it is the best in the market. They also purport their main aim is to help investors attain desirable returns. Once you register you will have access to over 9K US stocks. Moreover, you can trade all these products using a single account.
The company also provides detailed data to help traders analyze the market and make informed decisions. The firm state it has great opportunities for trades but is this really the true intention of the venture? There are numerous red flags surrounding this entity.
For starters, the people that are behind this venture are anonymous. Why would they be hiding if their business is legit? Investors have every right to know the people handling their funds. The regulatory bodies make it mandatory for financial schemes to reveal the ownership information.
Instead of wasting your savings in an offshore scheme that is doomed to fail, you can try out these leading forex trading ventures. These are reliable and transparent schemes. You will earn real-time returns while you improve your trading skills.
Colmex24 purports it has thousands of existing clients. They care about user experience and put top priority on fund safety. The biggest mistake of all time is to entrust your funds to a shady entity. They can violate your security by sharing your personal data with criminals. Furthermore, other con artists will manipulate you into depositing more money, or else they disclose your information.
In matters regarding the security of funds, the company has not done any effort in keeping funds in separate accounts. The broker fails to reveal the bank it partners with to protect investors' money. Venturing with the platform puts you at risk of cashing in your funds to the scammers' wallets where you cannot recover a penny.
Colmex Pro Ltd is promising investors stable returns. The assets the firm deals with are highly volatile. Therefore, it is impossible to predict the next direction the market will take. The broker does not have a demo account. Who knows the scheme could be manipulating prices.
Once you read the sales pitch of the broker you may think they have the best interest of traders. The scheme claims it grants users direct access to the trade at a tight spread. They are accepting both beginner and expert investors. However, you will never find expert investors wasting their time with a losing entity.
You can buy low and sell high and the volatile nature of the products can yield you more profits. However, you should not be deceived by the scammers that there are no risks involved. The best companies in the market minimize the risks while maximizing returns.
The entity is a clone company making false promises to traders. They are imitating Colmex Pro which is a genuine broker. You can avoid the bad ordeal of a scam by performing thorough research on the scheme you plan to trade with. This could save you a huge loss of funds.
This is also a discreet venture that its whereabouts remain unknown. They are mainly targeting German citizens. The trading results of the company are missing. Therefore, you will never know how the scheme performs.
Colmex Pro Ltd allegedly claims it has MT4. Unfortunately, this seems like another false claim as you cannot download the interface. You cannot trade with the venture. Their trading accounts are also exaggerated in price. The amount that you can deposit is between $2000 to $3000. Generally, legit brokers take $10 to $ 250 as the minimum deposit.
There are no unique features of the platform. The scheme is an exploitive entity. The commission the venture is requesting is also unfair. To open a trade you must pay a dee of $14.5 on the basic account. The spread is at 2 pips while the average market standard is 1.5 pips. You will even find a reliable entity offering a tight spread below the above limit.
Given the nature of Colmex Pro Ltd, we suspect they are not trading. They could be cold calling potential investors and convincing them of lucrative opportunities. Unfortunately, once you deposit funds with the scam you will not recover.
The available payment methods available info is missing. Scammers withhold such data to feature options that limit traders from issuing a chargeback. Bank card options are safe as you can issue a chargeback from up to 540 days.
The minimum amount to cash out is $500. Legit platforms will allow you to get any amount that you please. There is a fee of $40 to 30 EUR for every request. The inactivity fee is between $30 to $40 based on the account you invested with. The policy starts taking effect if you have not traded for the last 30 days. The duration is short and genuine firms don't exploit traders the way Colmex Pro Ltd does.
Colmex Pro Ltd claims it has responsive support. They operate around the clock catering to the needs of customers. The address available is fake. The people behind the scheme are not foolish to disclose their den. The authority and their victim would go after them.
A genuine investment scheme will respond in time. Their phone number will also be on and you will not hear cases of customers being blocked. Scammers on the other hand will only reach you when they need more money from you. Invest with a company that cares about your wellbeing.
The company strains its main focus is to protect traders' funds. The top-tier banks they use are not disclosed. Moreover, the venture has not deposited the capital requirement by the financial watchdogs to be collecting funds from every corner of the globe. The broker is conducting its business illegally without minding the security of investors.
Colmex Pro Ltd purports it has a license from Cyprus Securities and Exchange Commission (CySEC). It also showcases a license from Africa Financial Sector Conduct Authority (FSCA). The office address of the scheme indicates it operates from the UK. However, it is a false claim since they are not in the Financial Conduct Authority (FCA) database.
Additionally, Cyprus does not authorize Colmex Pro Ltd to operate on its jurisdiction. Furthermore, CySEC has issued a warning against the company. Trading with a blacklisted entity is hazardous. If the broker violated their Terms and Conditions the authority won't come to your rescue.
Nobody knows the real area of operation of the scheme. Scammers are smart and careful about the information they share. The parent company information is missing, there is also no legal documentation. Ensure that you double-check the data availed by the company as most of the Ponzi schemes use false allegations to win more victims.
Colmex Pro Ltd does not protect investors against negative account balances. The entity lacks a license and their trust score is low. The platform is also new in the industry. They can leave you high and dry without notice. Stay away from this clone venture.
Invest wisely by trying out these legit forex trading companies. These are ventures that have a past trading result. They are also transparent and you will earn real-time returns while your safety is taken care of.
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