Colmex Pro
FP Markets
Colmex Pro vs FP Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Colmex Pro and FP Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Colmex Pro, founded in 2010 and headquartered in Limassol, Cyprus, is regulated by CySEC and offers spreads starting from 0.3 pips with a minimum deposit of $500. FP Markets, established in 2005 in Sydney, Australia, holds licenses from ASIC, CySEC with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, FP Markets scored 8.2/10 overall compared to Colmex Pro's 7/10, making it the stronger pick for most traders. That said, Colmex Pro holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FP Markets scores 8.2/10 overall vs 7/10 for Colmex Pro — a 1.2-point difference.
- 💵
FP Markets requires just $100 to start, while Colmex Pro needs $500 — FP Markets is 5x more accessible.
- 📈
FP Markets offers 10,000+ instruments vs 5,000+ at Colmex Pro — a notable difference in market coverage.
- 🖥️
Colmex Pro runs on Colmex Pro Platform, while FP Markets uses MT4, MT5, cTrader, IRESS — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: FP Markets scores 8.5 vs 7.0 for Colmex Pro — a 1.5-point difference.
Our Verdict
Colmex Pro
Score: 7.0/10 · Wins 0 categories- You prefer Colmex Pro's trading environment overall
FP Markets
Score: 8.2/10 · Wins 7 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
FP Markets takes the lead with an overall score of 8.2/10 compared to 7/10, winning in 7 out of 8 scoring categories. FP Markets stands out for lower trading costs and better trading platforms, while Colmex Pro remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, FP Markets comes out ahead with a 8.2/10 overall rating, winning 7 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. FP Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Colmex Pro is not without merit — it scores 7/10 overall and excels in Product Range (8.0/10). For a complete breakdown, read our full FP Markets review and Colmex Pro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FP Markets wins by 1.5 points
FP Markets wins by 1.5 points
FP Markets wins by 1.0 points
FP Markets wins by 1.5 points
FP Markets wins by 1.5 points
FP Markets wins by 0.5 points
FP Markets wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.0/10 | 8.2/10 ✓ |
| Min Deposit Lower is better | $500 | $100 ✓ |
| Max Leverage | 1:200 | 1:500 |
| Spreads From | 0.3 pips | 0.0 pips |
| Platforms | Colmex Pro Platform | MT4, MT5, cTrader, IRESS |
| Regulation | CySEC | ASIC, CySEC |
| Founded Older track record highlighted | 2010 | 2005 ✓ |
| Markets | 5,000+ | 10,000+ ✓ |
Fees & Costs
When it comes to trading costs, FP Markets has the edge with a score of 8.5/10 versus 7/10 for Colmex Pro. Colmex Pro offers spreads starting from 0.3 pips, while FP Markets starts from 0.0 pips. The minimum deposit at Colmex Pro is $500, compared to $100 at FP Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FP Markets scores 8.5/10 for platforms compared to 7/10 for Colmex Pro. Colmex Pro provides Colmex Pro Platform, while FP Markets offers MT4, MT5, cTrader, IRESS. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Colmex Pro is regulated by CySEC (Tier 1), while FP Markets holds licenses from ASIC, CySEC (Tier 1). Colmex Pro scores 7.5/10 and FP Markets scores 8.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FP Markets leads with 7/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Colmex Pro and FP Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Colmex Pro offers 24/5 Email, Phone and scores 6.5/10, while FP Markets provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Colmex Pro scores 6.5/10 for deposits and withdrawals, while FP Markets scores 8/10. Colmex Pro accepts Bank Transfer, Credit Card, and FP Markets supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller. Processing times, fees, and available currencies vary. Colmex Pro requires a minimum deposit of $500 versus $100 for FP Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FP Markets if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Colmex Pro better than FP Markets?
FP Markets scores higher overall (8.2/10 vs 7/10), winning 7 of 8 categories. However, Colmex Pro remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, Colmex Pro or FP Markets?
FP Markets scores higher for trading costs. Colmex Pro offers spreads from 0.3 pips with a $500 minimum deposit, while FP Markets starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Colmex Pro safe to trade with?
Colmex Pro is regulated by CySEC and scores 7.5/10 for regulation. FP Markets is regulated by ASIC, CySEC with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Colmex Pro or FP Markets?
FP Markets scores 8.5/10 for platforms. Colmex Pro offers Colmex Pro Platform, while FP Markets provides MT4, MT5, cTrader, IRESS. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Colmex Pro vs FP Markets?
Colmex Pro requires a minimum deposit of $500, while FP Markets requires $100. FP Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.