PUPRIME vs Colmex, 2023 Update
Read our In-Depth PUPRIME vs Colmex Review - 2023 Update
Our review comparing PUPRIME and Colmex has been revised to reflect any changes for 2023 by knowledgeable insiders boasting significant expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of PUPRIME vs Colmex does not apply to all countries as follows:
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
Colmex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare PUPRIME vs Colmex
Each trading platforms has a few ups and downs, so a complete review of PUPRIME and Colmex should not be complete without adopting a balanced approach.
Examine PUPRIME and Colmex to get a better understanding of just how they compare against one another prior to you decide to make an account. Performing a side-by-side comparison will put things in perspective to ensure that you are cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between PUPRIME or Colmex. Who is better in 2023?
Our PUPRIME vs Colmex comparison contains the latest information so you can easily compare Colmex against PUPRIME.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you need to select the right agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. PUPRIME and Colmex are two such companies that will take you and your investment to great heights. It is important to compare PUPRIME vs Colmex until you trust them with your money.
Our PUPRIME vs Colmex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and Colmex side by side.
Our entire PUPRIME vs Colmex Review covers all you will need to know about trading with either PUPRIME or Colmex. A fantastic agent can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
PUPRIME and Colmex are both brokers that have forged their way successfully into the broker world. Within this review, we've attempted to collate some of the vital facets of both PUPRIME and Colmex. This review will help you to know whether either Colmex or PUPRIME is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of PUPRIME and Colmex Compared
PUPRIME has a minimum deposit of $50 while Colmex has a $100 minimum deposit.
Why smaller minimum deposits are good and how PUPRIME and Colmex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
PUPRIME allows you to trade around 1500 financial instruments while Colmex allows you to trade around 1500 financial instruments available.
The more instruments you can trade on the PUPRIME and Colmex platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of PUPRIME or Colmex.
PUPRIME and Colmex Contact Details
Being able to contact your broker easily is vital. PUPRIME and Colmex have the following contact details and social medias that you can use.
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Broker | PUPRIME | Colmex |
Telephone Number | +248 4671 948 | |
info@puprime.com | ||
Address | 9A, CT House, Providence, Mahe, Seychelles. | |
PUPRIME Twitter Account | Colmex Twitter Account | |
PUPRIME Facebook Page | Colmex Facebook Page | |
PUPRIME Instagram Account | Colmex Instagram Account | |
PUPRIME LinkedIn Page | Colmex LinkedIn Page | |
YouTube | PUPRIME YouTube Channel | Colmex YouTube Channel |
Find Out More |
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Colmex and PUPRIME Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of PUPRIME and Colmex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
PUPRIME vs Colmex - Awards
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Broker | PUPRIME | Colmex |
Awards |
PUPRIME have won many industry awards over the years they have been operating as a financial broker. We show the most recognised awards for PUPRIME here.
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At the time of writing this Colmex review, and despite Colmex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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PUPRIME vs Colmex - Frequently Asked Questions
PUPRIME vs Colmex - Headquarters And Year Of Founding
PUPRIME was founded in 2015 and has its headquaters in Seychelles.
Colmex was founded in 1990 and has its headquaters in Cyprus.
What is the minimum deposit for Colmex or PUPRIME
The minimum deposit for PUPRIME is $50.
The minimum deposit for Colmex is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both PUPRIME and Colmex are a good choice.
PUPRIME vs Colmex - Regulation And Licencing In More Detail
PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.
Colmex is regulated by Securities and Exchange Commission (SEC).
Both PUPRIME and Colmex have a powerful set of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare PUPRIME vs Colmex Commission And Fees
PUPRIME and Colmex are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this purpose.
The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, financing speed, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are people that are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither PUPRIME or Colmex charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by PUPRIME and Colmex are comparatively competitive. As a result, you are billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This PUPRIME vs Colmex review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For PUPRIME And Colmex
What Languages Do PUPRIME And Colmex Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading online.
Here you will find the languages that both PUPRIME and Colmex offer communication in.
How Many Clients Do PUPRIME and Colmex Have?
Both PUPRIME and Colmex are well established with their client base. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users PUPRIME and Colmex are working with
What Payment Methods Do PUPRIME and Colmex Accept?
PUPRIME and Colmex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at PUPRIME and Colmex
What Can You Trade With PUPRIME and Colmex?
PUPRIME offers 1500 trading instruments and Colmex offers 78.
Below you will find a full breakdown of what both PUPRIME and Colmex offer.
PUPRIME Review
PUPRIME vs Colmex:
Table Of Contents
- Compare PUPRIME vs Colmex
- Benefits of PUPRIME and Colmex Compared
- Colmex and PUPRIME Mobile App Comparison
- PUPRIME vs Colmex - Awards
- PUPRIME vs Colmex - Frequently Asked Questions
- What is the minimum deposit for Colmex or PUPRIME
- PUPRIME vs Colmex - Regulation And Licencing In More Detail
- Compare Broker Fees For PUPRIME And Colmex
- What Languages Do PUPRIME And Colmex Support?
- How Many Clients Do PUPRIME and Colmex Have?
- What Payment Methods Do PUPRIME and Colmex Accept?
- What Can You Trade With PUPRIME and Colmex?