- Good trading platform
- Wide range of investment products
- Asset management
- Low rates
- Platform requires some insight
- Demo account only possible in real account
Introduction
MEXEM was founded in 1986 and since then it has grown into one of the world’s largest international brokers. Since 2018, this broker has been active in the Benelux and is known for its advanced trading platform, wide range of trades and low rates. Target audience
Due to the advanced trading platform and the wide range of trades, MEXEM is especially popular with the active and experienced investor. If you want to get started with this broker as a novice investor, take a moment to master the operation of the platform. Is MEXEM reliable?
MEXEM is subject to EU regulation and is registered in the AFM register and is regulated by the CySEC. In the event of bankruptcy, you are insured up to an amount of € 500,000. You can also use additional insurance, which means that you are insured for a total of € 30,000,000. Investment products
You can trade stocks, ETFs, options, funds, currencies, futures, bonds, warrants, CFDs and metals. With this broker you can trade on more than 135 exchanges in 33 countries. The product range is very wide.
According to trade magazine Barron’s, the MEXEM trading platform has already been awarded the best platform in the world for the 8th time in a row. This trading platform is called the Traders Workstation (TWS) and is designed by and for investors. The Traders Workstation can only be operated with a computer. On the platform you can easily have analyses and reports made for the right investment decision. Some special features are: Display TWS Mosaic screen
- TWS Mosaic: This tool gives you quick access to comprehensive trading, order management, charting, watchlist, and portfolio tools in a single, customizable workspace.
- Research, news and market data: get real-time access to comprehensive news, research, fundamentals and market data.
- Real-time Monitoring: View the current status of your account at any time.
- MEXEM Order Types and Algos: Trader Workstation provides access to a large quantity of over 100 order types and algorithms.
- Risk Management: This unique and advanced risk assessment technology helps manage risk in the dynamic market. It indicates how much risk you run with your current investment portfolio so that you can safely respond to market changes.
- SmartRouting Software: “The free SmartRouting Software is constantly looking for the best prices available at the time of your order. As soon as the cheapest price has been found, the system will automatically execute your order.
- Paper Trading: Allows you to practice your trading skills in a simulated trading environment without using real money.
- API For Developers: design your own trading application in Excel, C++, Posic C++, Visual Basic, Java etc. with the APIworkspace of MEXEM. the API link is established using the TWS trading program.
In addition to investing with the TWS on desktop, you can use a mobile app. This app has a high score of 4.5/5 in the Play Store and offers everything you need to invest on the go. You can make use of advanced order types, tools, extensive reports and research capabilities.
At MEXEM itself you have no education, but this is offered through an external provider. For novice investors there is support available from the personal relationship manager such as tour platform, videos, webinars & seminars. In addition, MEXEM is affiliated with KIFID, so you always have good help with complaints. Rates
The rates are very low and you don’t even pay a service fee. Below we show a clear comparison of common transactions with associated transaction costs of different brokers. The amount of the service fee or the custody fee of different brokers is also compared. Check out the comparison page for a complete price comparison of all brokers. Asset management
In addition to the individual account where you decide for yourself what you invest in, you can also have your money managed by MEXEM. Your investor profile and risk profile are carefully analyzed and you will be assigned a personal relationship manager who will keep you informed of your portfolio and the return. Read more about MEXEM Asset Management here.In short
Due to the many functions of the platform, the low rates and the very wide range of trades, MEXEM is especially suitable for the active and experienced investor. Novice investors need some time to get to know the trading platform. In short, MEXEM is a broker where you lack virtually nothing.
- Dutch company
- Excellent trading platform
- Low rates
- Platform requires some insight
*Estimated annual costs at €10,000 one-time deposit, €100 monthly deposit and an average investment profile. Compare MEXEM with other brokers
Use the clear comparison tables to quickly compare MEXEM with other brokers. On this page this broker is only compared with DEGIRO, BUX Zero and eToro, but on the comparison page you can also compare MEXEM with all other brokers. The expected annual costs are fine with € 55. This broker charges low rates for investing in shares and is the only one of the four who does not charge a service fee. However, MEXEM scores lower on education and user-friendliness.
- Very cheap
- Wide range of trade
- Fundamental analysis
- Effects possibly lent out
- Dutch company
- Excellent trading platform
- Personal relationship manager
- Platform requires some insight
- Low rates
- Copy professionals
- Very user-friendly
*Estimated annual costs at €10,000 one-time deposit, €100 monthly deposit and an average investment profile. Source: VEB.net
Investing has risks. You may lose your deposit.