MEXEM Review 2023

MEXEM is an investment company and an Interactive Broker and introducing broker (IB) that is licensed by CySEC. The company started its activity in 2018 and has a Cyprus registration. For trading, it offers a desktop platform from Interactive Brokers, as well as a web portal and proprietary mobile apps. The available assets include stocks (whole and fractional), funds, futures, options, and bonds. This broker also allows you to trade FX currency pairs and contracts for differences (CFDs) in prices, i.e., derivatives. MEXEM ensures the highest level of security for client funds and takes a responsible approach to fulfilling all contractual obligations for brokerage services.To get more news about mexem review, you can visit wikifx.com official website.

MEXEM is a regulated broker that operates under the supervision of several European regulators and participates in their compensation funds. The range of assets and analytical capabilities of the offered trading platforms will satisfy the needs of traders with any level of trading skills, including experienced market participants and institutional clients. MEXEM invites professional managers to cooperate to broaden the range of passive investment strategies.

The range of MEXEM’s trading assets includes stocks, ETFs, bonds, metals, currencies, futures, and options contracts. The broker allows margin trading at a rate of up to 9.9% per annum. Negative balance protection is applied to spot trades involving currency pairs and derivatives in the CFD format.

A trader can start trading with a comfortable amount, but it should be enough to purchase a financial instrument and pay fees to a broker, exchanges, and regulators. MEXEM’s fees are based on order volume; however, for some assets (such as US and Canadian stocks), the broker charges a flat fee for each security sold or purchased.
MEXEM clients can trade independently or become investors and earn passive income without trading. The broker allows you to use algorithmic trading, transfer the portfolio to management, or copy the strategies of experienced traders. Another opportunity for additional earnings without actively trading is participation in a referral program involving new clients.

The broker supports algorithmic trading. Private traders can develop their apps in Java, .NET (C#), C++, Python, or DDE. Institutional clients are allowed to create their own automated trading systems using API and FIX CTCI solutions, high-speed order routing, and wide market depth. MEXEM prioritizes the result of the trade over the speed with which it is executed, so the broker doesn’t support high-frequency trading (HFT).

The company also offers a personal money management service. Professional consultants or managers through a Money Managers Account can involve investors and rebalance their portfolios. The investor pays the account manager a percentage of the actual profit. The rate is set by the manager and prescribed in the contract. There is no input or output fee.

Also, MEXEM clients can track and copy the trades of other traders through the Collective2 social trading platform. It allows using automated strategies for trading stocks, options, futures, and currencies after paying a monthly subscription fee.
MEXEM partners are paid for trading activity by involved traders, but the amount of remuneration is not specified on the company’s website. The rate is negotiated on an individual basis and depends on the partner’s country of residence, the number of followers on social networks, and the type of partnership chosen.