Colmex Pro-Crooks
I can offer you this experience, as I was involved with this broker.
Firstly the commissions offered at time of signup never did materialize, even after persistent nagging emails.
I used the Colmex Expert platform for months, trading minimal size and paid them their min. amount per side. Basically trying out different stragedies, with the feel of the market. So I paid them a wack of money in commissions over many months.All profits from the trades were eaten up with the commissions.I was trading CFD's
My account was around 10k, and they were offering 12 to 1 margin. Much above the typical 4 to 1, but it came with a price.
As I got confidence in my setups and trading I started to increase my size and frequency. I
worked up my account to over 50k. Unbeknowing to me, they apparantley did not like the way I was trading. When I went to withdraw my funds, they froze my account for over a week as they reviewed all the trades, in the end they reversed all the trades they didnt like, and put the account minus 50k.
I can tell you I made all trades with a mouse(no automation and used a IOC Limit order at my price of choice). The platform filled most of my orders as requested.
I have paperwork showing my account over 50k, before Colmex went in and manipulated all the trades to their choice of prices.
I would not recommend anyone to use this broker!!! |