Overview of MEXEM fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
Now, let's dive into the details and see what commissions, spreads, and financing rates MEXEM charges.
MEXEM commission and other fees
MEXEM commission and other trading fees
The good news is that MEXEM has low trading fees in general. We ranked the fees of MEXEM as low, average, or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether MEXEM commissions, spreads, and financing rates for each asset class are low/average/high.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| Stock and ETF | Low | Average | Low |
| Forex | High | Low | - |
| Fund | Low | Low | Low |
| Bond | Low | High | Low |
| Options | Average | High | Low |
| Futures | Average | High | Low |
Now let's go over the trading fees for each asset class one by one.
MEXEM stock and ETF commissions, spreads
MEXEM stock and ETF commissions are low. MEXEM stock and ETF commissions are charged as per the table below.
| MEXEM | |
|---|---|
| US stock | $0.005 per share; min. $2.5, max. 2% of trade value |
| UK stock | 0.08% of trade value with a minimum of £2.5, plus £1 fee on transaction exceeding £10.000, stamp tax of 0.5% |
| German stock | 0.06% of trade value with a minimum of €1.8 |
| Indian stock | Not available |
You can compare MEXEM stock and ETF fees with the two closest competitors.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| US stock | $2.5 | $10.0 | $1.0 |
| UK stock | $2.8 | $9.0 | $3.1 |
| German stock | $1.8 | $9.9 | $4.9 |
| Indian stock | - | - | - |
Stock and ETF commissions are calculated for a $2,000 trade
MEXEM forex commissions and spreads
MEXEM forex fees are high. MEXEM forex commissions and spreads for individual currency pairs are charged as per the table below.
| MEXEM | |
|---|---|
| EURUSD fee description | 0.005% commission, min. $5 |
| GBPUSD fee description | 0.005% commission, min. $5 |
Check out how MEXEM forex fees compare to its two closest competitors.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| EURUSD benchmark fee | $20.7 | $14.6 | - |
| GBPUSD benchmark fee | $16.3 | $8.8 | - |
| AUDUSD benchmark fee | $14.4 | $10.0 | - |
| EURCHF benchmark fee | $10.9 | $1.4 | - |
| EURGBP benchmark fee | $18.6 | $12.0 | - |
Forex fees are calculated for a $20,000 trade using 30:1 leverage
MEXEM fund commissions
MEXEM fund commissions are low. The table below shows how MEXEM fund commissions are calculated.
| MEXEM | |
|---|---|
| Mutual fund | 0.1% per transaction, min. $5 |
Check out how MEXEM fund fees compare with the competition.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| Mutual fund | $5.0 | $0.0 | $3.9 |
Fund commissions are calculated for a $2,000 trade
MEXEM bond commissions
MEXEM bond commissions are low. The table below contains the description of MEXEM bond commissions.
| MEXEM | |
|---|---|
| US Treasury bond | 0.0015% of trade value with a minimum of $8 |
| EU government bond | 0.15% per transaction, min. €5 |
See how MEXEM bond fees stack up against the competition.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| US Treasury bond | $5.0 | $79.2 | - |
| EU government bond | $15.2 | $79.2 | $3.0 |
Bond commissions are calculated for a $10,000 trade
MEXEM options commissions
You can see below the description of MEXEM options commissions. MEXEM options fees are average.
| MEXEM | |
|---|---|
| US stock index options | $2 per transaction, min. $2 |
| US stock options | $2 per transaction, min. $2 |
| UK stock index options | £2.5 per transaction, min. £2.5, stamp tax of 0.5% |
| German stock index options | €1.8 per transaction, min. €1.8 |
Compare options commissions charged by MEXEM with those of Saxo Bank and DEGIRO.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| US stock index options | $20.0 | $30.0 | $7.5 |
| US stock options | $2.0 | $30.0 | - |
| UK stock index options | $28.3 | $28.3 | - |
| German stock index options | $17.8 | $39.6 | $8.9 |
Options commissions are calculated for 10 contracts
MEXEM futures commissions
You can see below how MEXEM futures commissions are charged. MEXEM futures fees are average.
| MEXEM | |
|---|---|
| US micro e-mini stock index futures | $1 per contract, min. $1 |
| UK stock index futures | £2 per contract, min. £2 |
| German e-mini stock index futures | €1.8 per contract, min. €1.8 |
Compare how the futures commissions of MEXEM stack up against those of Saxo Bank and DEGIRO.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| US micro e-mini stock index futures | $10.0 | $40.0 | $7.5 |
| UK stock index futures | $22.6 | $33.9 | - |
| German e-mini stock index futures | $17.8 | $39.6 | $7.4 |
Futures commissions are calculated for 10 contracts
MEXEM financing rates
MEXEM financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.
Check out how MEXEM financing rates compare with those of Saxo Bank and DEGIRO.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| EURUSD financing rate | 2.7% | 3.4% | - |
| GBPUSD financing rate | 1.6% | 1.9% | - |
| S&P 500 CFD financing rate | - | 7.3% | - |
| Europe 50 CFD financing rate | - | 4.9% | - |
| Apple CFD financing rate | - | 7.3% | - |
| Vodafone CFD financing rate | - | 5.7% | - |
MEXEM commission and other fees
MEXEM non-trading fees
In addition to trading fees, it's important to see if MEXEM charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by MEXEM with its two closest competitors.
| MEXEM | Saxo Bank | DEGIRO | |
|---|---|---|---|
| Deposit fee | $0 | $0 | $0 |
| Withdrawal fee | $0 | $0 | $0 |
| Account fee | No | No | No |
| Inactivity fee | No | Yes | No |
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
MEXEM commission and other fees
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by MEXEM and its closest competitors. To learn more about MEXEM, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
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