MEXEM

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

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Commission (CySEC) and was previously regulated by the UK Financial Conduct Authority (FCA), but its license has been revoked.

What Can I Trade on MEXEM?

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

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 Platform

MEXEM offers four types of trading platforms.

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.