COMEX has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The reporting at COMEX is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Automated trading options|Clean UI|Comprehensive tools
Cons: No fractional shares|Withdrawal takes 1-2 business days
I lost a significant amount because COMEX did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Responsive team|Clear documentation|Market news feed
Cons: Wait times can be long during peak hours|Wish they had more educational resources
My card was charged twice by COMEX on the same day. I had to dispute it with my bank. COMEX then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Responsive team|Intuitive for beginners|Smooth onboarding
Cons: Inactivity fee applies after 12 months
After for about eight months with COMEX, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Fast support response|Transparent fees|Dedicated account manager|High security standards
Cons: No crypto staking|Some tools only available on higher tiers
My withdrawal request from COMEX has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Full transparency|Tax reports included
Cons: No dark mode on mobile
After doing some research AFTER the fact (I know, I should have done this first), I discovered that COMEX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
Several red flags with COMEX: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database