Colmex Pro

Colmex Pro

🟢 Tier 1 Regulated
7.0
/ 10
vs
Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10

Colmex Pro vs Squared Financial

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Colmex Pro and Squared Financial 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. Squared Financial, established in 2005 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.0 pips and a $250 minimum deposit. In our hands-on testing across 8 scoring categories, Squared Financial scored 7.1/10 overall compared to Colmex Pro's 7/10, making it the stronger pick for most traders. That said, Colmex Pro holds its own with wider product range, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Squared Financial scores 7.1/10 overall vs 7/10 for Colmex Pro — a 0.1-point difference.

  • 💵

    Squared Financial requires just $250 to start, while Colmex Pro needs $500 — Squared Financial is 2x more accessible.

  • 📈

    Colmex Pro offers 5,000+ instruments vs 400+ at Squared Financial — a massive gap in market coverage.

  • 🖥️

    Colmex Pro runs on Colmex Pro Platform, while Squared Financial uses MT4, MT5 — different ecosystems for different trading styles.

  • The biggest gap is in Education: Squared Financial scores 6.5 vs 5.5 for Colmex Pro — a 1.0-point difference.

Our Verdict

Colmex Pro

Colmex Pro

Score: 7.0/10 · Wins 1 categories
  • You want access to a wider range of instruments
  • You prefer Colmex Pro's trading environment overall
🏆 WINNER
Squared Financial

Squared Financial

Score: 7.1/10 · Wins 4 categories
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important

Squared Financial takes the lead with an overall score of 7.1/10 compared to 7/10, winning in 4 out of 8 scoring categories. Squared Financial stands out for better trading platforms and superior education resources, while Colmex Pro fights back with wider product range.

Detailed Verdict

After testing both brokers with real accounts, Squared Financial comes out ahead with a 7.1/10 overall rating, winning 4 out of 8 categories. Its strongest area is Platforms & Tools where it scores 7.5/10. Squared Financial 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), winning 1 category. Traders who value wider product range may find Colmex Pro the better fit. For a complete breakdown, read our full Squared Financial review and Colmex Pro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Colmex Pro
Squared Financial
Trading Costs
7.0 7.0
Platforms & Tools
7.0 7.5

Squared Financial wins by 0.5 points

Regulation & Trust
7.5 7.5
Education
5.5 6.5

Squared Financial wins by 1.0 points

Customer Service
6.5 7.0

Squared Financial wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
6.5 7.0

Squared Financial wins by 0.5 points

Product Range
8.0 7.0

Colmex Pro wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.0/10
7.1/10
Min Deposit
Lower is better
$500
$250
Max Leverage
1:200
1:500
Spreads From
0.3 pips
0.0 pips
Platforms
Colmex Pro Platform
MT4, MT5
Regulation
CySEC
CySEC
Founded
Older track record highlighted
2010
2005
Markets
5,000+
400+
Colmex Pro: 0 Squared Financial: 0
💰

Fees & Costs

When it comes to trading costs, Colmex Pro has the edge with a score of 7/10 versus 7/10 for Squared Financial. Colmex Pro offers spreads starting from 0.3 pips, while Squared Financial starts from 0.0 pips. The minimum deposit at Colmex Pro is $500, compared to $250 at Squared Financial. 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.

Colmex Pro
7.0
Squared Financial
7.0
Colmex Pro: 0 Squared Financial: 1
🖥️

Trading Platforms

🏅 Section Winner: Squared Financial (7.0 vs 7.5)

Squared Financial scores 7.5/10 for platforms compared to 7/10 for Colmex Pro. Colmex Pro provides Colmex Pro Platform, while Squared Financial offers MT4, MT5. 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.

Colmex Pro
7.0
Squared Financial
7.5
Colmex Pro: 0 Squared Financial: 1
🛡️

Regulation & Safety

Regulation is crucial for fund safety. Colmex Pro is regulated by CySEC (Tier 1), while Squared Financial holds licenses from CySEC (Tier 1). Colmex Pro scores 7.5/10 and Squared Financial scores 7.5/10 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.

Colmex Pro
7.5
Squared Financial
7.5
Colmex Pro: 0 Squared Financial: 2
📚

Education & Research

🏅 Section Winner: Squared Financial (5.5 vs 6.5)

For learning resources, Squared Financial leads with 6.5/10 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 Squared Financial 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.

Colmex Pro
5.5
Squared Financial
6.5
Colmex Pro: 0 Squared Financial: 3
🎧

Customer Support

🏅 Section Winner: Squared Financial (6.5 vs 7.0)

Colmex Pro offers 24/5 Email, Phone and scores 6.5/10, while Squared Financial provides 24/5 Live Chat, Email, Phone with a score of 7/10. 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.

Colmex Pro
6.5
Squared Financial
7.0
Colmex Pro: 0 Squared Financial: 4
💳

Deposit & Withdrawal

🏅 Section Winner: Squared Financial (6.5 vs 7.0)

Colmex Pro scores 6.5/10 for deposits and withdrawals, while Squared Financial scores 7/10. Colmex Pro accepts Bank Transfer, Credit Card, and Squared Financial supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Colmex Pro requires a minimum deposit of $500 versus $250 for Squared Financial. Always check withdrawal conditions and any potential fees before funding your account.

Colmex Pro
6.5
Squared Financial
7.0

Which Broker Is Right for You?

Colmex Pro

Choose Colmex Pro if you...

  • You want access to a wider range of instruments
  • You prefer Colmex Pro's trading environment overall
Visit Colmex Pro
Squared Financial

Choose Squared Financial if you...

  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
Visit Squared Financial

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Colmex Pro better than Squared Financial?

Squared Financial scores higher overall (7.1/10 vs 7/10), winning 4 of 8 categories. However, Colmex Pro is stronger in wider product range. The best choice depends on what matters most to your trading style.

Which has lower fees, Colmex Pro or Squared Financial?

Colmex Pro scores higher for trading costs. Colmex Pro offers spreads from 0.3 pips with a $500 minimum deposit, while Squared Financial starts from 0.0 pips with $250 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. Squared Financial is regulated by CySEC with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Colmex Pro or Squared Financial?

Squared Financial scores 7.5/10 for platforms. Colmex Pro offers Colmex Pro Platform, while Squared Financial provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Colmex Pro vs Squared Financial?

Colmex Pro requires a minimum deposit of $500, while Squared Financial requires $250. Squared Financial 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.

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