Score

4.63 /10
Average

MEXEM

Regulated in Cyprus

Appointed Representative(AR)

Self-developed

United Kingdom European Authorized Representative (EEA) Revoked

Medium potential risk

B

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Score

Regulatory Index3.05

Business Index7.71

Risk Management Index8.90

Software Index4.86

License Index3.05

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Licenses

VPS Standard
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Broker Information

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Company Name

Mexem Ltd

Company Abbreviation

MEXEM

Platform registered country and region

Cyprus

Company website

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  • 32466326619

Company summary

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WikiFX Risk Alerts
Previous Detection : 2025-09-30
  • United KingdomFCA (license number: 787270) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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MEXEM · Company summary
MEXEM Review Summary
Founded2008
Registered Country/RegionCyprus
RegulationCySEC, FCA (Revoked)
Trading ProductsStocks, Bonds, ETFs, Options, Futures, Warrants, Mutual Funds, Metals
Demo Account/
Leverage/
Spread/
Trading PlatformClient Portal, TWS, MEXEM Lite, MEXEM APIs
Minimum Deposit/
Customer SupportContact 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.

MEXEM Information

Pros and Cons

ProsCons
Long operational historyRevoked FCA license
Regulated by CYSECCommission fees charged
Various trading productsLimited 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Commission (CySEC) and was previously regulated by the UK Financial Conduct Authority (FCA), but its license has been revoked.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 byRegulatory StatusLicensed EntityLicense TypeLicense Number
Financial Conduct Authority (FCA) United KingdomRevokedMexem LtdEuropean Authorized Representative (EEA)787270
Cyprus Securities and Exchange Commission (CySEC)CyprusRegulatedMexem LtdAppointed Representative (AR)325/17
license
license

What Can I Trade on MEXEM?

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

Tradable InstrumentsSupported
Stocks
Bonds
ETFs
Options
Futures
Warrants
Mutual funds
Metals
Forex
Other Commodities
Indices
Cryptocurrencies
assets

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

Account Type
Account Type

MEXEM Fees

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

Trading ProductCommission FeeMinimum Fee
Stocks and ETFs$0.005 per share$1
Stocks & Index Options2$2
Futures Options4$3.50
Futures1$1
Metals0.03%$3
Bonds0.15%$8
Forex (FX)0.005%$5
MEXEM Fees

Trading Platform

MEXEM offers four types of trading platforms.

Trading PlatformSupportedAvailable Devices
Client PortalWeb
TWSPC, mobile, watch
MEXEM LiteiOS, Android
MEXEM APIsCustom, Third-party apps
Trading Platform

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.

Deposit and Withdrawal

User Reviews

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Comments

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薇-wcyxy十八
more than one year
They continually misuse funds and take other people's money without due cause. They will literally hold your money for zero reasons even after it's been 100% completed through the system and then tell you they can't do anything.
They continually misuse funds and take other people's money without due cause. They will literally hold your money for zero reasons even after it's been 100% completed through the system and then tell you they can't do anything.
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2023-02-20 17:55
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大家好才是真的好90703
more than one year
My friend recommended this company to me, but I can't open their website. My friend asked the customer service, but the customer service could not give an accurate answer... The professionalism is quite questionable.
My friend recommended this company to me, but I can't open their website. My friend asked the customer service, but the customer service could not give an accurate answer... The professionalism is quite questionable.
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2023-02-16 10:15
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