Basic data of broker
Recommended for Investors and traders looking for low fees and sophisticated trading platforms
Recommended for Affluent investors who value safety and are OK with higher fees
Average trading and non-trading fees
High trading fees, average non-trading fees, low fund fees
Stock and ETF fees
Deposit and withdrawal
Proof of identity: national ID / passport / driver's license Proof of residency: Bank statement / utility bill / credit card statement / notarized document
Proof of identity: national ID / passport Proof of residency: ID with legal address / utility, internet, phone bill / tax bill / official certificate of residence
Markets and products
Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
€20,000 per account
CHF 100,000 for cash at the Swiss and UAE entity, £85,000 at the UK entity, HKD 500,000 at Hong Kong entity, none at other entities
Ireland (IBIE), Cyprus (MEXEM)
Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta
For detailed information and hands-on experience, read our review of this broker.
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.
MEXEM's service is on par with Swissquote's and a comparison of their fees shows that MEXEM's fees are lower than Swissquote's.
Account opening takes somewhat less effort at MEXEM compared to Swissquote, deposit and withdrawal processes are somewhat more complicated at MEXEM, while customer service quality is somewhat lower than Swissquote's.
Our experts rated the trading platform of MEXEM as somewhat worse than the platform of Swissquote, found that clients have access to about the same number of markets and products with MEXEM, while Swissquote provides somewhat lower-quality research and education.