MEX Exchange · Australia
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!
Risk Management Index
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.
License Type:Market Making(MM)
Regulated in Country/AreaAustralia
Regulatory License No.：416279
Email Address of Licensed Institution :email@example.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
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The data are from WIKI Research 2021.09.24 updated
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MEX Exchange · Australia
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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).
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.
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.
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.
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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.
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