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MEX Exchange Forex Broker keeps up-to-date with the latest trading account information, including Classic Account, ECN Account maximum leverage of 500:1, trading varieties, and more

Rating Index

Pros

Variety of trading tools and instruments

No minimum deposit required

Access to the popular MT4 trading platform

Cons

Inactivity fees apply

Limited customer support hours (not 24/7)

High spreads compared to some competitors

MEX Exchange broker Accounts

Classic Account

Environment

Currency

Maximum Leverage

500:1

SupportedEA

Minimum Deposit

Minimum Spread

As low as 0.5 Pips

Depositing Method

Withdrawal Method

Minimum position

$0.01 (Micro Lot)

Commission

Products

ECN Account

Environment

Currency

Maximum Leverage

500:1

SupportedEA

Minimum Deposit

Minimum Spread

As low as 0.0 Pips

Depositing Method

Withdrawal Method

Minimum position

$0.01 (Micro Lot)

Commission

Products

MEX Exchange Account Type

MEX Exchange offers two main types of trading accounts:

Classic Account

Minimum Deposit: $0
Maximum Leverage: 1:500
Spreads: As low as 0.5 pips
Commission: $0 (commission-free trading)
Platform: MetaTrader 4 (MT4)
Minimum Trade Size: $0.01 (micro lot)

ECN Account

Minimum Deposit: $0
Maximum Leverage: 1:500
Spreads: As low as 0.0 pips
Commission: $7 per round turn
Platform: MetaTrader 4 (MT4)
Minimum Trade Size: $0.01 (micro lot)

Both accounts provide access to a wide range of trading instruments including forex, metals, and CFDs. Additionally, MEX Exchange offers a demo account for traders to practice without financial risk.

MEX Exchange Broker Account Opening Process

To open an account with MEX Exchange, follow these steps:

Visit the MEX Exchange Website: Go to MEX Exchange.
Select "Open Account": Click on the “live account” button typically found on the homepage or in the top menu.
Fill Out the Registration Form: Provide accurate information including your name, email address, phone number, and country of residence.
Submit the Registration Form: You may receive a confirmation email to verify your email address.
Complete the Verification Process: This usually involves providing additional documents to confirm your identity and address, such as a valid government-issued ID and proof of address.
Wait for Verification: After submitting your documents, wait for the verification process to be completed. You will receive a notification once your account is verified.
Fund Your Account: Follow the instructions provided by MEX Exchange to deposit funds into your trading account. Various payment methods are accepted, including bank transfers and credit/debit cards.