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Options trading conditions at MEXEM explained

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
1d ago
Personally tested
Data-driven
Independent

Can you trade options at MEXEM?

Options trading is increasingly popular, but it's still something of a niche product aimed at more experienced traders, so not all brokers offer it and trading conditions can differ widely.

We have good news: MEXEM offers options trading, under good conditions and with access to many options markets. Click to open your MEXEM account or read on for details and comparisons.

MEXEM is great for options trading
Krisztián
Krisztián Gátonyi
Forex • Market Analysis • Stock Market

I've tested dozens of brokers in recent years, including their options trading features. MEXEM impressed me overall; here's why:

  • It has an above-average options trading score based on fees, products and UX.
  • MEXEM offers access to 34 options markets.
  • Options trading fees at MEXEM are high.
  • Trading platform and research quality make a difference.
  • See how MEXEM compares to the best in class.

Before we begin, let's see if MEXEM is available in your country:

No, you can't open an account at MEXEM if you live in the United States!

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Overall score
4.2/5
Minimum deposit
$0
Stock fee
Low
Options fee
High
Inactivity fee
no
Account opening
1 day
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MEXEM has an above-average options trading score

To assess whether MEXEM is a great place to trade options, we calculated a comprehensive options score that takes into account options trading fees, the potential number of options products available, and the quality of the broker's trading platform (including charting and other research tools).

MEXEM's overall options score of 3.7 stars is considered above average among the brokers we cover that offer options trading. Here's how MEXEM scored against some close rivals:

Broker
Options score
MEXEM
3.7
/5
Saxo
4.2
/5
DEGIRO
3.2
/5
MEXEM options score vs selected competitors
Need a refresher course on options trading? Here's a high-level overview of all you need to know about trading options. If you're already familiar with the basics, you can dive right into options trading strategies or the niceties of options pricing.
Still lacking options trading mileage? We suggest you start with our introduction to options trading for beginners.

MEXEM has access to 34 options markets

As with other product types, MEXEM offers an extremely wide range of options markets.
You can access the biggest ones, like the Chicago Board Options Exchange (CBOE) or the CME Group, as well as smaller markets, such as the Korea Stock Exchange (KSE) and the Mexican Derivatives Exchange (MEXDER)

Broker
Options exchanges (#)
MEXEM
34
Saxo
20
DEGIRO
11
Number of options markets available at MEXEM vs selected competitors

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Options fees at MEXEM are high

You pay options fees depending on the number of contracts you trade.

In the table below, we listed options trading fees (calculated in USD terms) at MEXEM and some of its competitors for trading 10 options contracts.

Broker
US stock options
US stock index options
MEXEM
$20.0
$20.0
Saxo
$20.0
$20.0
DEGIRO
-
$7.5
Options trading fees and scores at MEXEM vs selected competitors. Data updated on December 4, 2024.

Please note that some brokers don't charge a separate fee for closing an options trade. In these cases, in order to represent this discount properly, we calculated with just half of the opening fee, because most other brokers charge for both the opening and closing transactions.

So what's all the fuss about fees? Aren't they just a tiny fraction of the value of a typical trade? Well, they may be, but differences in fees among brokers can still be substantial. Of the 100+ brokers we cover, the cheapest one charges $5 for trading 10 US stock index options contracts, while the most expensive one charges $35. Even if you're just a casual trader who does one or two options deals a month, the difference in trading fees can add up to hundreds of dollars a year. Just think of all the goodies you can buy with that money!

Trading platform and research quality make a difference

Trading fees and product selection are only part of the story when it comes to options trading.

  • A great trading interface (especially on desktop) with user-friendly search and order functions, good charting capabilities and quality research material is an option trader's best friend.
  • Costs don't stop at trading fees; if you trade often and want access to your trading profits, withdrawal fees can sting.

In the table below, you can check how MEXEM compares to some close competitors in trading platform quality and other features.

Broker
Research score
MEXEM
4.3
/5
Saxo
5.0
/5
DEGIRO
2.5
/5
Trading platform quality and other conditions at MEXEM vs selected competitors
Overall score
4.2/5
Minimum deposit
$0
Stock fee
Low
Options fee
High
Inactivity fee
no
Account opening
1 day
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Sign up to receive and save your personalized broker recommendations!

See some great alternatives to MEXEM

MEXEM is great for options trading, but can you go one better? See for yourself by browsing our top ten list of the best options brokers in your country.

Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up options brokers along many different criteria.

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Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

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.

author
Krisztián Gátonyi
Author of this article
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.
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