This Mexem broker review focuses on the client experience. This broker offers a comprehensive set of tools for traders to trade stocks and options. Its mobile app features a chatbot, much like the chat function on Interactive Brokers. The chatbot understands basic commands and can perform tasks like searching for company fundamentals and displaying charts. The desktop platform offers advanced order execution and great customizability for advanced traders.

Opening an account and login

When you are looking for an online brokerage, you should consider opening an account with MEXEM broker. This broker has a wide range of options to choose from. Moreover, it offers competitive prices for online beleggen. Its low costs make it a good choice for do-it-yourself traders. It also offers many options, including a personal account manager.

Opening an account with MEXEM is a simple and quick process, and you can even complete it online. The account opening process is entirely digital and takes about 2 business days. It involves answering several questions about your identity and employment, and the type of trades you have. These questions are part of the “KYC” process. MEXEM does not accept credit cards or electronic wallets, so you should make sure you have a good amount of cash on hand.

Moreover, the minimum trading amount is just 1 US dollar. With this low fee, MEXEM attracts a lot of investors. This broker provides access to more than 120 global markets, including 26 different currencies. Another advantage of MEXEM is that it charges a low commission per trade, which is 0,0005 US dollars. The commission fees for trading stocks at other South African brokers range up to twenty dollars. In addition, the company does not require advance fees.

Does the broker offer a demo account?

Before signing up with a broker, you may want to try out their demo accounts. These are essentially virtual trading accounts that let you practice your trades in a risk-free environment. You can try adding positions, using margin, and placing stops. Some even offer mobile applications. If you’re unsure of which demo account to open, read user reviews. By doing a search on Google with the words “demo account” or “demo account,” you’ll be able to find relevant reviews.

A MEXEM demo account gives you access to the trading platform and to a variety of educational materials. The MEXEM web platform is user-friendly and easy to navigate, but there are some minor glitches. If you’re not familiar with the platform, you can also watch a video to see how it works. The MEXEM desktop platform offers advanced order execution and customizability.

When opening an account with MEXEM, you should be aware that the process of opening a real account is similar to that of Interactive Brokers. The two brokers are owned by the same company, but their services differ. The differences lie in the fee structure and regulatory status. Nevertheless, both have their advantages. Generally speaking, a demo account lets you see the different tools and types of orders and stop-loss orders before you actually open a real account. Furthermore, a demo account enables you to learn about the different types of order types and use various trading apps.

Deposit and withdrawal

Deposit and withdrawal of funds from an Mexem broker account can be done online. Withdrawals are usually free of charge. However, if you want to make a large withdrawal, you may need to use a credit/debit card or electronic wallet. To find the best withdrawal option, you can use a broker comparison tool.

The MEXEM Client Portal allows you to view the status of your deposits and withdrawals. You will receive a confirmation message as soon as your funds are processed. The funds will then be credited to your account within four business days. The amount of time it takes to receive the funds depends on the method used. Wire transfers may take up to four business days, while transfers to non-U.S. banks are typically more time consuming. Incoming wires, however, are free, and are usually processed instantly.

Mexem’s services are available to both individuals and institutions. Their trading platform is user-friendly and intuitive, and the company’s research and data library is vast. There is no minimum investment requirement. The broker is independent and offers services to anyone with a source of funding.

Available countries

Mexem offers a variety of different investments. Their list of assets includes futures, metals, and ETFs. They also offer educational material and webinars. Traders can also take advantage of the demo account. You can access a free account to practice, and they even offer paper trading.

The process of opening an account with MEXEM is similar to that of Interactive Brokers. The products and services are nearly identical, but MEXEM charges different fees and offers its own customer support and educational tools. Using MEXEM, your assets will be held in Ireland, which is regulated by the Central Bank of Ireland. MEXEM also offers low stock commission fees, but it is important to remember that all assets will be held at Interactive Brokers’ Irish entity.

MEXEM is an award-winning European broker with offices throughout Europe. It offers a wide range of financial services to both institutional and individual clients, and its fees are among the lowest in the industry. It offers access to more than 130 exchanges in 33 countries, and its trading platform is suitable for both new and experienced investors. MEXEM is registered with the FCA in the UK and holds an Authorized Representative License in the EU and Cyprus.

Customer service

If you’re looking for a broker that offers online trades, consider MEXEM. This company provides the best prices and access to international markets. Its advanced trading platform is also loaded with tools to help you manage your cash. The company offers several accounts for people of different types, including individual, joint, trust, money manager, and small business accounts. They also offer mutual fund and securities accounts.

While MEXEM is based in the Netherlands, it welcomes customers from around the world. However, if you’re outside the European Union, you’ll need to submit personal details to be approved. They may also ask you about your trading experience. You can also open a regular cash account if you’re over the age of 18. It can take three days to access credit.

MEXEM is also available for students and educators. The company has an agreement with Interactive Brokers, a top-tier broker in the US, which makes it much cheaper than smaller South African platforms. It also offers a range of base currencies.

Pros and Cons

If you are new to day trading, then you should consider using Mexem broker. It offers a wide range of options to trade currencies and commodities. Moreover, it supports more than 135 exchanges, making it easy to invest in various assets. However, this broker is somewhat more expensive than DEGIRO and BUX.

MEXEM is a stockbroker based in the European Union with over 32 years of experience. It offers a broad selection of trading products and services, allowing users to trade on 135 exchanges in 33 countries. It also provides an advanced trading platform that is easy to use for active investors and experienced traders alike.

MeXeM is licensed and regulated by the CySEC, as well as other regulatory agencies. This means that it meets the legal requirements of both the United States and the European Union. Furthermore, it is registered with the Autoriteit Financiele Marketen (AFM), which oversees the regulation of financial products in the Netherlands.