MEXEM
VT Markets
Basic data of broker
Recommended for Investors and traders looking for low fees and sophisticated trading platforms
Recommended for Forex traders familiar with the MetaTrader trading platforms
Belgium
Australia
Fees
Average trading and non-trading fees
Low forex fees, but high CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
23
5
Deposit type
Withdrawal type
Account opening
$0
$200
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: Bank statement / utility bill / credit card statement / notarized document
Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
€20,000 per account
No protection
2018
2016
Ireland (IBIE), Cyprus (MEXEM)
Cayman Islands, Australia
For detailed information and hands-on experience, read our review of this broker.
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 slightly better than VT Markets's and a comparison of their fees shows that MEXEM's fees are similar to VT Markets's.
Account opening takes about the same effort at MEXEM compared to VT Markets, deposit and withdrawal processes are somewhat more complicated at MEXEM, while customer service quality is somewhat lower than VT Markets's.
Our experts rated the trading platform of MEXEM as being of the same quality as the platform of VT Markets, found that clients have access to much more markets and products with MEXEM, while VT Markets provides just about the same quality of research and education.