Colmex Alternatives: 2024 Update
This alternatives to Colmex guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Colmex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Colmex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that Colmex is not quite right for you then it would be worth getting a virtual account with a lot of the top Colmex alternatives and check if they are a better fit for you before moving any money around.
The most complete review of Colmex alternatives on the internet
There are a lot of reasons Colmex may not be a good fit for your trading needs. Whatever reason you are looking for the best Colmex alternative or Colmex competitor with similar services, comparebrokers.org try to give you as much useful information so you can make an informed choice. Below you will discover the most popular Colmex alternatives.
For each of our alternative to Colmex, we also highlight the key differences to Colmex and for each platform feature show you the best alternatives. For each Colmex alternative online broker shown we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with Colmex, let us show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Using a professional and dependable online broker is vital to your trading success. All of the Colmex alternative brokers we list in this Colmex alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
Colmex has a minimum desposit of $100, you should see how the minimum deposit requirements of Colmex compare with the minimum deposits of Colmex competitors. Online brokers often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Colmex |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
Colmex offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to Colmex that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Colmex doesn't provide negative balance protection. If your balance is negative, Colmex indicates you contact client services. So you can correct any imbalances in your account.
Below we detail some of the best alternatives to Colmex that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Colmex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Colmex offer a guaranteed Stop Loss capability.
When there's absolutely no free margin left with the client, Colmex will cease your own positions. If the losses in the ceased out position exceeds your account balance, you might encounter a negative account balance.
Below we list some of the top Colmex alternatives that have guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Colmex do allow scalping. Several traders throughout the world choose Colmex for their services that are trading. They offer trading on Desktop,Android,iPhone,Mac which allow this.
Below we detail some of the top alternatives to Colmex that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Colmex do permit hedging. Many traders throughout the world choose Colmex due to their hedging services. They offer trading on Desktop,Android,iPhone,Mac.
Below we detail some of the top alternatives to Colmex that offer hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Colmex's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we list some of the best alternatives to Colmex that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Colmex's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we detail some of the top Colmex alternatives that has copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Colmex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Colmex To All Other Brokers