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    MEX Exchange

    5-10 years
    |
    Regulated in Australia
    |
    Market Making(MM)
    |
    Non MT4/5 Software

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index

    8.11

    Business Index

    7.92

    Risk Management Index

    8.22

    Software Index

    7.30

    Regulatory Index

    8.08

    Licenses

    Australia Securities & Investment Commission

    Market Making(MM)

    ASIC Regulated

    Overview

    • Company Name:

      Mex Australia Pty Ltd
    • Company Abbreviation:

      MEX Exchange
    • Place of registration:

      MEX ExchangeAustralia
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@mexexchange.com
    • Customer Service Phone Number:

      +61 2 9195 4000
    • Company summary

      GeneralInformation&RegulationofMEXExchangeEstablishedin2012inSydney,Australia,MEXExchangeoffersForex,metals,equities,andCFDproductsinonlinefinancetoindividualinvestors,introducingbrokersandinstitutions.MEXExchangecurrentlyholdsafulllicensefromtheAustralianSecuritiesandInvestmentsCommission(RegulatoryNumber:416279).MarketInstrumentsMEXExchangeoffersinvestorsaccesstofinancialtradingassetsprimarilyinforeignexchangecurrencypairs,metals(includingbutnotlimitedtogold,silver,platinum,copper,andaluminum),andCFDs.MinimumDepositofMEXExchangeMEXExchangeofferstwodifferenttypesoftradingaccounts,theClassicaccount,andtheECNaccount.Bothaccountsrequiresnominimumdepositlimitation,whichsoundsgreatfornewtraderstostratout.LeverageofMEXExchangeIntermsoftradingleverage,MEXExchangepermitstheleverageupto1:500forforexproducts,1:250forpreciousmetals,1:100forspotcommodities.Obtainedleveragealsodependingontheinstrumentyoutrade,aswellasdefinedbytheleveloftrader,thusprofessionalsaccesshigherlevelsonceconfirmingitsstatus.Spreads&CommissionsTheaveragespreadsofferedonMEXExchangeClassicaccountsare0.5pipsforEURUSD,1.0pipsforEURGBP,0.8pipsforEURJPY,0.8pipsforGBPUSD,and1.5pipsforXAUUSD,withnotradingfees.USDis0.4pips,andtheaccountchargesacommissionof$7perlot.TradingPlatformofMEXExchangeMEXExchangeofferstraderstheMT4tradingplatform,aswellastheMT4WebEdition,MT4MacEdition,MT4MobileEdition,MAMMulti-TerminalSoftware,andFIXAPIsoftware.TheMEXExchangeMT4platformofferstradinginforeignexchange(FX),metals,andCFDsusingMEX'slatestECNtechnologyandMT4tradingsystemwithexcellentreliabilityandstrictfive-digittwo-waypricingexecution.Deposit&WithdrawalofMEXExchangeMEXExchangeacceptstradersviaVISA,MasterCardcreditcards(generallyprocessedinstantly),bankwiretransfers(subjecttofundsprocessingwithin24hours),Skrill(processedwithin1-4hours),Neteller(processedwithin1-4hours).ThecurrenciessupportedbycreditcardsandwiretransfersfordepositsareAUD,EUR,GBP,andUSD.SkrillandNetellerdonotsupportdepositsinAUD.MEXExchangedoesnotchargeanyinternaldepositorwithdrawalfees. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.17 Risk: 2 Item

    • Current data shows that this broker is using Non MT4/5 Software
    • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months, please be aware of the risk!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

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    Last Updated Time 2021-09
    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :

      MEX AUSTRALIA PTY LTD

      Effective Date :

      2012-03-20
    • Email Address of Licensed Institution :

      c.fitzsimmons@mexexchange.com

      License Type:

      Sharing MultiBank Group
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      MEX AUSTRALIA PTY LTD, 'Mlc Centre' Suite 03 Level 61, 19-29 Martin Place SYDNEY NSW 2000

      Phone Number of Licensed Institution :

      0291954001
    • Licensed Institution Certified Documents :

      416279 ASIC牌照信息190131 View Certified Documents FOS.JPG View Certified Documents 416279 AFCA牌照信息190131 View Certified Documents MEX asic20201012更新 View Certified Documents

    MEX Exchange · MT4/5

    Identification Result

      MEX Exchange · Website

      Most visited countries/areas

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          MEX Exchange· Genealogy

          MEX Exchange · Clones

          MEX Exchange · Market Analysis

          The data are from WIKI Research    2021.09.17 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          MEX Exchange · Survey×

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          MEX Exchange

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          MEX Exchange
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          MEX Exchange · Company summary

            General Information & Regulation of MEX Exchange

            Established in 2012 in Sydney, Australia, MEX Exchange offers Forex, metals, equities, and CFD products in online finance to individual investors, introducing brokers and institutions.MEX Exchange currently holds a full license from the Australian Securities and Investments Commission (Regulatory Number: 416279).

            Market Instruments

            MEX Exchange offers investors access to financial trading assets primarily in foreign exchange currency pairs, metals (including but not limited to gold, silver, platinum, copper, and aluminum), and CFDs.

            Minimum Deposit of MEX Exchange

            MEX Exchange offers two different types of trading accounts, the Classic account, and the ECN account. Both accounts requires no minimum deposit limitation, which sounds great for new traders to strat out.

          image.png

            Leverage of MEX Exchange

            In terms of trading leverage, MEX Exchange permits the leverage up to 1:500 for forex products, 1:250 for precious metals, 1:100 for spot commodities. Obtained leverage also depending on the instrument you trade, as well as defined by the level of trader, thus professionals access higher levels once confirming its status.

            Spreads & Commissions

            The average spreads offered on MEX Exchange Classic accounts are 0.5 pips for EURUSD, 1.0 pips for EURGBP, 0.8 pips for EURJPY, 0.8 pips for GBPUSD, and 1.5 pips for XAUUSD, with no trading fees. USD is 0.4 pips, and the account charges a commission of $7 per lot.

          image.png

            Trading Platform of MEX Exchange

            MEX Exchange offers traders the MT4 trading platform, as well as the MT4 Web Edition, MT4 Mac Edition, MT4 Mobile Edition, MAM Multi-Terminal Software, and FIX API software. The MEX Exchange MT4 platform offers trading in foreign exchange (FX), metals, and CFDs using MEX's latest ECN technology and MT4 trading system with excellent reliability and strict five-digit two-way pricing execution.

            Deposit & Withdrawal of MEX Exchange

            MEX Exchange accepts traders via VISA, MasterCard credit cards (generally processed instantly), bank wire transfers (subject to funds processing within 24 hours), Skrill (processed within 1-4 hours), Neteller (processed within 1-4 hours). The currencies supported by credit cards and wire transfers for deposits are AUD, EUR, GBP, and USD. Skrill and Neteller do not support deposits in AUD. MEX Exchange does not charge any internal deposit or withdrawal fees.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.