Score
Cyprus
|
5-10 years
| https://www.mexem.com/
Website
Rating Index
Influence
B
Influence index NO.1
Netherlands 5.20
Single Core
1G
40G
1M*ADSL
Cyprus
mexem.com United States
VIP is not activated.
| 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, 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 | Cons |
| Long operational history | Revoked FCA license |
| Regulated by CYSEC | Commission fees charged |
| Various trading products | Limited educational resources for beginners |
| Free initial withdrawal |
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Commission (CySEC) and was previously regulated by the UK Financial Conduct Authority (FCA), but its license has been revoked.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 |
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 | ❌ |
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
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 |
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 |
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.
From my experience, SEPA withdrawals usually take 1–2 business days, while USD and GBP wires take around 2–5 days. I like to keep track of each mexem withdrawal so I can predict when funds will hit my bank.
My mexem account lets me trade stocks, bonds, ETFs, options, futures, warrants, mutual funds, and metals. I mainly focus on stocks and ETFs, but I appreciate the flexibility to diversify.
For me, the biggest pros are their long history since 2008, which adds credibility, the fact that they’re regulated by CySEC, and the wide range of markets — I can trade stocks, ETFs, futures, metals, and more from a single mexem account. I also like that the first mexem withdrawal is free, which saves me money when I test their services.
Yes, I’ve studied their fee structure closely. Stocks and ETFs cost $0.005 per share with a $1 minimum, options are $2, futures $1, bonds 0.15% with an $8 minimum, and metals 0.03% with a $3 minimum. In my mexem trading, I always calculate mexem commissions in advance so I know the break-even point before entering a trade.
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