By Nathan Ferguson
MEX Exchange Review
MEX Exchange is a well-established organization in the sector of online financial trading, having been in operation since 2012 and quickly rising to become one of the most well-regarded institutions in the market. MEX Exchange provides its customers with trading access to various instruments such as forex, metals futures, stocks, and contract for difference (CFDs) through its innovative trading platforms. For more information, continue reading our MEX Exchange review.
Geographical Coverage
A member of a global group, MEX Exchange is a subsidiary of MultiBank, a well-known financial services company with offices in Los Angeles and Sydney; Frankfurt, Madrid, Vienna, Cyprus; MEXFintech in Hong Kong; and additional branch offices in Hong Kong; GmbH, MEX Asset Management in Austria, Tianjin, Beijing; Ho Chi Minh City, and Hangzhou among other locations.
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Overall, the broker has grown to be very large, with its services being delivered to 300,000 institutional and retail customers in over 90 countries.
A Regulated Brokerage Firm
MEX Exchange is a financial services company based in Australia that complies fully with all applicable laws and regulations while offering low-risk trading opportunities. Australia, being a prominent and respected nation, tightly supervises its financial institutions and requires them to maintain high capitalization levels and provide clients with protection, preserving market integrity and encouraging healthy competition.
MEX Exchange’s registrations and affiliations demonstrate that it is a legitimate broker because it is registered and regulated in Australia. Furthermore, it is becoming increasingly clear that MEX Exchange is a member of the MultiBank Exchange Firm, an international financial investment group tightly controlled by internationally accepted authorities in several respected nations.
Five Easy Steps To Open An Account
Opening an account at MEX Exchange is a straightforward procedure requiring you to submit only the necessary information and paperwork to get everything up and running. You can open an account by clicking on the link provided and following the on-screen instructions.
- Open a new account by clicking on the link.
- Provide your personal information as well as your trading experience to verify your Live account.
- Verify your account by clicking on the link in your email, and you will gain access to the account area and Demo trading.
- Make the initial deposit on your account.
- Gain access to trading and market opportunities.
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Account Types That Suit Every Trader
MEX Exchange offers its users two different account kinds, each tailored to a specific trading style. There are two types of accounts:
- a Standard account with a spread-only basis.
- An ECN account with a commission charge per trade.
Both accounts offer robust implementation of STP bridges developed by the MEX Exchange group. Given that MEX Exchange places a high value on the consistency of performance, you’re likely to love its terms and conditions, as well as the price structures.
Multiple Trading Instruments
MEX Exchange is constructing its portfolio with the most actively traded instruments and is offering to trade in Forex, metals, and contract for difference (CFDs). By trading CFDs on Cash Indexes, you will be able to access Cash Index trading without having to pay the exchange costs that are generally imposed if you trade Indexes directly.
MEX Exchange has developed with cutting-edge ECN technology, changing it into an unrivalled stability platform appropriate for both pros and beginners.
Deposit And Withdrawal Options:
When it comes to deposits and withdrawals, MEX Exchange offers a variety of instant, straightforward, and secure payment options. Furthermore, you can select a base currency so that money transactions will not be subject to additional conversion fees.
MEX Exchange does not require any deposit. In other words, traders can specify the amount, to begin with, as a minimum of 0$ for any account (Standard or ECN Accounts), but they should double-check all of the appropriate margins for each item they intend to trade. The traders can deposit funds via multiple options like wire transfer, card payment, and payment provider services like Skrill, e-wallet Neteller, and China UnionPay.
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Bottom Line
Overall, MEX Exchange could be a viable solution for both novice and experienced traders. MEX Exchange has a strong history of substantiated trading service success. It has also developed a robust technology platform to facilitate trading. It has also expanded its offering to include a broader range of assets to trade and educational materials. As a result, MEX Exchange may be a viable solution for both novice and experienced traders.