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MEXEM Alternatives

Written by
Krisztián G.
Fact checked by
Tamás D.
Updated
Jan 2024
Our top alternative brokers to MEXEM

The best alternatives to MEXEM are

  1. Saxo Bank - Danish investment bank
  2. DEGIRO - German-Dutch discount broker
  3. Swissquote - Swiss investment bank
  4. Interactive Brokers - International broker providing all asset classes

Let's see in a bit more detail how the MEXEM alternatives compare to MEXEM and each other:

MEXEM alternatives comparison
Overall score
4.2 stars 4.9 stars 4.6 stars 4.4 stars 4.9 stars
Fees score
3.4 stars 3.0 stars 4.5 stars 1.9 stars 4.3 stars
Account opening score
5.0 stars 5.0 stars 5.0 stars 3.8 stars 3.1 stars
Deposit and withdrawal score
3.3 stars 4.5 stars 2.6 stars 4.3 stars 3.3 stars
Web platform score
4.3 stars 5.0 stars 4.0 stars 4.3 stars 4.3 stars
Markets and products score
4.9 stars 4.9 stars 3.6 stars 5.0 stars 5.0 stars
Visit broker Visit broker Visit broker Visit broker

Why are these brokers considered good alternatives to MEXEM? There are many areas based on which MEXEM can be compared with others. When we say a given online broker is a good alternative to MEXEM we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

MEXEM alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • MEXEM is recommended for investors and traders looking for low fees and sophisticated trading platforms
  • Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
  • DEGIRO is recommended for traders and investors looking for execution only
  • Swissquote is recommended for affluent investors who value safety and are ok with higher fees
  • Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment

Important factors of finding MEXEM alternatives

So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether MEXEM or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. The amounts MEXEM charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than MEXEM.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At MEXEM this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at MEXEM, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given MEXEM alternative is a must.


Now let's dive into the details of how MEXEM and its alternatives perform in the most important areas!

Saxo Bank

Saxo Bank is a great choice if you are looking for a wide product selection with low stock and forex fees.

The account opening process is fast and straightforward and the trading platforms are top-notch, including quality research tools.

However, trading options or futures at Saxo Bank involves high costs, while long-term investors may be deterred by Saxo Bank’s custody fees.

Recommended for investors and traders looking for a great trading platform and solid research

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Saxo Bank vs. MEXEM: Trading fees
US stock
$1.6
$2.5
UK stock
$3.8
$3.1
German stock
$3.2
$1.9
Saxo Bank vs. MEXEM: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1 day

If you are interested more in Saxo Bank minimum deposit, this overview will help you.

Saxo Bank vs. MEXEM: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Saxo Bank, a MEXEM alternative
Saxo Bank vs. MEXEM: Trading platform scores
Web platform score
5.0 stars 4.3 stars
Mobile platform score
5.0 stars 4.3 stars
Desktop platform score
5.0 stars 3.8 stars

Learn more about Saxo Bank's web trading platform in the detailed Saxo Bank review.

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Saxo Bank vs. MEXEM: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
Yes Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes Yes
Futures
Yes Yes
CFDs
Yes No
Crypto
Yes
No

DEGIRO

If you’re looking for safe, easy, cheap and no-frills stock trading on the biggest global markets, DEGIRO may just be the perfect choice for you.

It offers inexpensive stock trading on many US and European exchanges, and there are very few extra fees. Its wide ETF selection makes it a great choice for long-term investors, while opening an account is a breeze, with no minimum deposit required.

DEGIRO’s basic but easy-to-use trading platforms are suitable even for those with little trading experience, though its research offering is a little thin.

Simply put, DEGIRO is among the very best stockbrokers out there.

Recommended for traders and investors looking for execution only

Visit broker

DEGIRO vs. MEXEM: Trading fees
US stock
$2.2
$2.5
UK stock
$3.4
$3.1
German stock
$5.3
$1.9
DEGIRO vs. MEXEM: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1 day

If you are interested more in DEGIRO minimum deposit, this overview will help you.

DEGIRO vs. MEXEM: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of DEGIRO, a MEXEM alternative
DEGIRO vs. MEXEM: Trading platform scores
Web platform score
4.0 stars 4.3 stars
Mobile platform score
4.5 stars 4.3 stars
Desktop platform score
- 3.8 stars

Learn more about DEGIRO's web trading platform in the detailed DEGIRO review.

Visit broker

DEGIRO vs. MEXEM: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
No Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes Yes
Futures
Yes Yes
CFDs
No No
Crypto
No
No

Swissquote

Swissquote is a Swiss online broker with a banking license. It offers access to many markets around the world. It charges no inactivity fee, and as a listed Swiss broker with a banking background, it scores high on safety. It is a good choice for beginner investors.

However, Swissquote has high fees. Its selection of multiple trading platforms is a bit overwhelming, and some of its research tools are not free to use.

BrokerChooser gave Swissquote a 4.4/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for affluent investors who value safety and are OK with higher fees

Visit broker

Swissquote vs. MEXEM: Trading fees
US stock
$20.0
$2.5
UK stock
$31.3
$3.1
German stock
$27.0
$1.9
Swissquote vs. MEXEM: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1 day

If you are interested more in Swissquote minimum deposit, this overview will help you.

Swissquote vs. MEXEM: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$10
$0
Web trading platform of Swissquote, a MEXEM alternative
Swissquote vs. MEXEM: Trading platform scores
Web platform score
4.3 stars 4.3 stars
Mobile platform score
4.7 stars 4.3 stars
Desktop platform score
3.4 stars 3.8 stars

Learn more about Swissquote's web trading platform in the detailed Swissquote review.

Visit broker

Swissquote vs. MEXEM: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
Yes Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes Yes
Futures
Yes Yes
CFDs
Yes No
Crypto
Yes No

Interactive Brokers

Interactive Brokers (IBKR) is highly recommended for those seeking a broker with all-round great services at low fees.

It has an unrivaled selection of all asset types from exchanges across the globe, and offers many trading platforms with great functionality and advanced research.

The IBKR Global Trader app is a great way, even for beginners, to start trading stocks, ETFs, options and cryptos. Meanwhile, more experienced users can enjoy the complex capabilities of Trader Workstation at the other end of the spectrum.

Among the broker's drawbacks, account opening is long and tedious, some platforms may be too complex for beginner traders, and customer service can be busy.

In all, IBKR tops our list of brokerages: it is the highest-rated broker at BrokerChooser.

Recommended for traders looking for broad market access and a professional trading environment

Visit broker

Interactive Brokers vs. MEXEM: Trading fees
US stock
$1.0
$2.5
UK stock
$3.8
$3.1
German stock
$3.2
$1.9
Interactive Brokers vs. MEXEM: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1-3 days 1 day

If you are interested more in Interactive Brokers minimum deposit, this overview will help you.

Interactive Brokers vs. MEXEM: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No
No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Interactive Brokers, a MEXEM alternative
Interactive Brokers vs. MEXEM: Trading platform scores
Web platform score
4.3 stars 4.3 stars
Mobile platform score
4.3 stars 4.3 stars
Desktop platform score
3.8 stars 3.8 stars

Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.

Visit broker

Interactive Brokers vs. MEXEM: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
Yes Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes Yes
Futures
Yes Yes
CFDs
Yes No
Crypto
Yes
No

MEXEM

MEXEM is a Europe-based global stockbroker for traders and investors.

It has low stock and ETF fees. Thanks to its link to Interactive Brokers, MEXEM covers a vast range of markets and products, and offers a multitude of great research tools on its sophisticated trading platforms.

Partly because of that, though, we recommend this broker mainly for advanced traders, as the desktop trading platform isn't the easiest to use. Among other drawbacks, forex and margin rates are high.

BrokerChooser gave MEXEM a 4.2/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for investors and traders looking for low fees and sophisticated trading platforms

MEXEM alternatives trading fees
US stock
$2.5
$1.6
$2.2
$20.0
$1.0
UK stock
$3.1
$3.8
$3.4
$31.3
$3.8
German stock
$1.9
$3.2
$5.3
$27.0
$3.2
MEXEM alternatives minimum deposit and account open times
Minimum deposit
$0
$0
$0
$0
$0
Time to open account
1 day 1 day 1 day 1 day 1-3 days

Learn more about MEXEM minimum deposit here.

MEXEM and alternatives withdrawal options and fees
Bank transfer
Yes Yes Yes Yes Yes
Credit/debit card
No No No No No
Electronic wallets
No No No No No
Withdrawal fee
$0
$0
$0
$10
$0
MEXEM - Web trading platform
MEXEM and alternatives trading platform scores
Web platform score
4.3 stars 5.0 stars 4.0 stars 4.3 stars 4.3 stars
Mobile platform score
4.3 stars 5.0 stars 4.5 stars 4.7 stars 4.3 stars
Desktop platform score
3.8 stars 5.0 stars - 3.4 stars 3.8 stars

Learn more about MEXEM's web trading platform in the detailed MEXEM review.

MEXEM and alternatives markets and products
Stocks
Yes Yes Yes Yes Yes
ETFs
Yes Yes Yes Yes Yes
Forex
Yes Yes No Yes Yes
Funds
Yes Yes Yes Yes Yes
Bonds
Yes Yes Yes Yes Yes
Options
Yes Yes Yes Yes Yes
Futures
Yes Yes Yes Yes Yes
CFDs
No Yes No Yes Yes
Crypto
No Yes
No
Yes Yes

Bottom line

Based on our analysis, there are several good alternatives to MEXEM. They all offer similar products and target similar customers. Here's a recap of the results in a table.

MEXEM alternatives
Broker intro
Recommended for
Global stockbroker Investors and traders looking for low fees and sophisticated trading platforms
Danish investment bank Investors and traders looking for a great trading platform and solid research
German-Dutch discount broker Traders and investors looking for execution only
Swiss investment bank Affluent investors who value safety and are OK with higher fees
International broker providing all asset classes Traders looking for broad market access and a professional trading environment

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

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Author of this article

Krisztián Gátonyi

Method-Man | Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Our top alternative brokers to MEXEM

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