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Commission (CySEC) and was previously regulated by the UK Financial Conduct Authority (FCA), but its license has been revoked.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