Mex Exchange Review

Mex Exchange

Mex Exchange Broker Review – Providing Advanced Trading Environment: Firstly, MEX Exchange came into existence in Sydney, Australia in 2012. The organization offers advanced trading platforms as well as the tightest pricing in the field of online financial trading.

The company’s financial instruments also include Foreign Exchange, precious metals, stocks and derivatives. The Australian Securities as well as Investment Commission (ASIC) regulates and even controls.

Mex Exchange Broker Account types

Mex Exchange Classic Account

  • Minimum deposit: $0
  • Minimum contract size: $0.01 (Micro lot)
  • Maximum leverage: 500:1
  • Commission: $0
  • Spreads: As low as 0.5 Pips
  • Trading platform: MetaTrader 4

Mex Exchange Ecn Account

  • Minimum deposit: $0
  • Minimum contract size: $0.01 (Micro lot)
  • Maximum leverage: 500:1
  • Commission: $7
  • Spreads: As low as 0.0 Pips
  • Trading Platform: MetaTrader 4

Mex Exchange Broker Trading Platform

  • Mex Nexgen MT4: this platform provides traders with a simple trading insight through an added 11 features on MT4. It is free to all traders who open a MEX Live or Demo trading account.
  • Mex exchange MT4 Terminal: It offers trading in foreign currency, metals and derivatives using the company’s advanced ecn technology along with Metatrader 4 system.
  • MetaTrader4 Mac: The Mac Osx version of the platform has the full capabilities and can perform all the same expert advisors and indicators.
  • MAM & PAMM: MEX Account Manager (MAM) and the Percent Allocation Management Module (PAMM) is a software solution to manage and trade numerous MT4 accounts together. The broker designed it to enable effective management and trading of multiple accounts by a single interface by traders and money managers.
  • FIX API: FIX is the electronic communication protocol for fast messaging, direct connectivity and trading in the financial markets. The MEX FIX API Service is a general standard answer for institutional and high volume customers searching for immediate access to showcase driving liquidity.

Financial Instruments

MEX Exchange provides also an immense range of financial instruments to choose from, including currency pairs, Metals as well as derivatives.

Deposit Methods & Costs

MEX offers the following deposit methods by reading above all.

  • Credit and Debit Card: The deposits made by cards are instant in most cases.
  • Wire Transfer / Bank Transfer: the bank transfers take one business day of receiving funds to get processed.
  • Neteller: the transactions are processed within 1-4 business hours.
  • Skrill: The deposits take 1-4 business hours to get processed completely.
  • China Union Pay: The deposits also take 1-4 business hours to be processed.

Withdrawal Methods & Costs

After completing an online form, then firstly withdrawal process initiates. One can only withdraw funds through the original account  or credit card used to fund a trading account. After that, the broker does not levy any subjective fees for withdrawals of funds.

However, please note deposits as well as withdrawals from international banking institutions may attract transfer fees or conversion fees. Any such charges will be the responsibility of the client.

Withdrawals usually take hours to process, but it may take up to 72 hours.

Educational Materials

The company has partnered with Lepus proprietary trading, to provide educational resources to its clients. Lepus is also a world-class financial educator. The Lepus provides well crafted informative content modules, video tutorials as well as webcasts.

Trading Tools provided by Mex Exchange Broker

The Mex exchange also provides trading tools such as the following:

Customer Service

Telephone Numbers

  • 1800 859 092 (TOLL-FREE)
  • +61 02 9195 4000 (General)
  • 1800 859 092 (Australia)

Emails

Postal Address

MEX Exchange, 227 Elizabeth Street, Sydney, NSW 2000, Australia.

Conclusion On MEX Exchange Broker

Firstly, It is a trading broker that offers clients the opportunity to trade in a large pool of financial instruments. In this fast world, where brokers come as well as go, It has also established itself as a whole different full-package.

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