MEXEM Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-16 15:06

Abstract：MEXEM, founded on July 28, 2008, is a Cyprus-based broker regulated by CySEC. It provides access to diverse instruments like stocks, ETFs, and futures, and supports multiple trading platforms. However, it does not offer MT4/MT5 and has limited educational support for beginners.

MEXEM Review Summary
Founded	2008
Registered Country/Region	Cyprus
Regulation	CySEC, FCA (Revoked)
Trading Products	Stocks, Bonds, ETFs, Options, Futures, Warrants, Mutual Funds, Metals
Demo Account	/
Leverage	/
Spread	/
Trading Platform	Client Portal, TWS, MEXEM Lite, MEXEM APIs
Minimum Deposit	/
Customer Support	Contact form
	Phone: +357-25030447
	Email: info@mexem.com

MEXEM Information

　　MEXEM, founded on July 28, 2008, is a Cyprus-based broker regulated by CySEC. It provides access to diverse instruments like stocks, ETFs, and futures, and supports multiple trading platforms.

Pros and Cons

Pros	Cons
Long operational history	Revoked FCA license
Regulated by CYSEC	Commission fees charged
Various trading products	Limited educational resources for beginners
Free initial withdrawal

Is MEXEM Legit ?

　　MEXEM is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) and was previously regulated by the UK Financial Conduct Authority (FCA), but its license has been revoked.

Regulatory Authority	Regulated by	Regulatory Status	Licensed Entity	License Type	License Number
Financial Conduct Authority (FCA)	United Kingdom	Revoked	Mexem Ltd	European Authorized Representative (EEA)	787270
Cyprus Securities and Exchange Commission (CySEC)	Cyprus	Regulated	Mexem Ltd	Appointed Representative (AR)	325/17

What Can I Trade on MEXEM?

　　MEXEM offers 8 types of trading instruments: stocks, bonds, ETFs, options, futures, warrants, mutual funds, and metals.

Tradable Instruments	Supported
Stocks	✔
Bonds	✔
ETFs	✔
Options	✔
Futures	✔
Warrants	✔
Mutual funds	✔
Metals	✔
Forex	❌
Other Commodities	❌
Indices	❌
Cryptocurrencies	❌

Account Type

　　Individual Account Types: Individual, Joint, Family Office, Friend & Family

　　Business and Professional Account Types: Small Business, Advisor, Funding Manager, Proprietary Trading Groups, Hedge & Mutual Fund, Compliance Officers

MEXEM Fees

　　MEXEMs fee structure varies by product. Below is a summary of the main commissions and minimum fees in USD:

Trading Product	Commission Fee	Minimum Fee
Stocks and ETFs	$0.005 per share	$1
Stocks & Index Options	2	$2
Futures Options	4	$3.50
Futures	1	$1
Metals	0.03%	$3
Bonds	0.15%	$8
Forex (FX)	0.005％	$5

Trading Platform

　　MEXEM offers four types of trading platforms.

Trading Platform	Supported	Available Devices
Client Portal	✔	Web
TWS	✔	PC, mobile, watch
MEXEM Lite	✔	iOS, Android
MEXEM APIs	✔	Custom, Third-party apps

Deposit and Withdrawal

　　For withdrawals, MEXEM offers a free allowance for the first withdrawal. For example, SEPA and wire transfers in the Eurozone are free within 30 days of account activation; after that, they incur fees of €1 and €8 respectively. USD withdrawals are free for the first transaction, then $10 per transaction afterward. GBP withdrawals are also free for the first time, with a £7 fee for each subsequent withdrawal.