Colmex Pro
Multibank Group
Colmex Pro vs Multibank Group
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Colmex Pro and Multibank Group 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. Multibank Group, established in 2005 in Dubai, UAE, holds licenses from ASIC, BaFin, DFSA, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, Multibank Group scored 8/10 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
- 📊
Multibank Group scores 8/10 overall vs 7/10 for Colmex Pro — a 1.0-point difference.
- 💵
Multibank Group requires just $50 to start, while Colmex Pro needs $500 — Multibank Group is 10x more accessible.
- 📈
Colmex Pro offers 5,000+ instruments vs 1,000+ at Multibank Group — a massive gap in market coverage.
- 🖥️
Colmex Pro runs on Colmex Pro Platform, while Multibank Group uses MT4, MT5, Multibank Pro — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: Multibank Group 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
Multibank Group
Score: 8.0/10 · 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
Multibank Group takes the lead with an overall score of 8/10 compared to 7/10, winning in 7 out of 8 scoring categories. Multibank Group 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, Multibank Group comes out ahead with a 8/10 overall rating, winning 7 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Multibank Group 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 Multibank Group review and Colmex Pro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Multibank Group wins by 1.5 points
Multibank Group wins by 0.5 points
Multibank Group wins by 1.0 points
Multibank Group wins by 1.5 points
Multibank Group wins by 1.5 points
Multibank Group wins by 0.5 points
Multibank Group wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.0/10 | 8.0/10 ✓ |
| Min Deposit Lower is better | $500 | $50 ✓ |
| Max Leverage | 1:200 | 1:500 |
| Spreads From | 0.3 pips | 0.0 pips |
| Platforms | Colmex Pro Platform | MT4, MT5, Multibank Pro |
| Regulation | CySEC | ASIC, BaFin, DFSA, CIMA |
| Founded Older track record highlighted | 2010 | 2005 ✓ |
| Markets | 5,000+ ✓ | 1,000+ |
Fees & Costs
When it comes to trading costs, Multibank Group 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 Multibank Group starts from 0.0 pips. The minimum deposit at Colmex Pro is $500, compared to $50 at Multibank Group. 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
Multibank Group scores 7.5/10 for platforms compared to 7/10 for Colmex Pro. Colmex Pro provides Colmex Pro Platform, while Multibank Group offers MT4, MT5, Multibank Pro. 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 Multibank Group holds licenses from ASIC, BaFin, DFSA, CIMA (Tier 1). Colmex Pro scores 7.5/10 and Multibank Group 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, Multibank Group 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 Multibank Group 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 Multibank Group 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 Multibank Group scores 8/10. Colmex Pro accepts Bank Transfer, Credit Card, and Multibank Group supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Colmex Pro requires a minimum deposit of $500 versus $50 for Multibank Group. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Multibank Group 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 Multibank Group?
Multibank Group scores higher overall (8/10 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 Multibank Group?
Multibank Group scores higher for trading costs. Colmex Pro offers spreads from 0.3 pips with a $500 minimum deposit, while Multibank Group starts from 0.0 pips with $50 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. Multibank Group is regulated by ASIC, BaFin, DFSA, CIMA 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 Multibank Group?
Multibank Group scores 7.5/10 for platforms. Colmex Pro offers Colmex Pro Platform, while Multibank Group provides MT4, MT5, Multibank Pro. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Colmex Pro vs Multibank Group?
Colmex Pro requires a minimum deposit of $500, while Multibank Group requires $50. Multibank Group 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.