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.

Classification of MEXEM commission and other trading fees
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 stock and ETF commission
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 stock and ETF commission, spreads vs competitors
MEXEM Saxo Bank DEGIRO
US stock $2.5 $10.0 $1.0
UK stock $2.8 $9.0 $3.1
German stock $2.0 $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 forex commissions and spreads
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 forex fees vs 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 fund commissions
MEXEM
Mutual fund 0.1% per transaction, min. $5

Check out how MEXEM fund fees compare with the competition.

MEXEM fund commissions
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 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 bond commissions vs competitors
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 options commissions
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 options commissions vs competitors
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 futures commissions
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 futures commissions vs competitors
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 financing rates vs competitors
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 non-trading fees vs 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.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His 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

Share

Comments

×