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Pros

User-friendly trading platforms (MT4 available)
Variety of financial instruments offered
Demo accounts available for practice

Cons

Unregulated broker with potential risk to funds
Limited information on payment options and withdrawal processes
Website accessibility issues reported by users

MEXn broker Accounts

MEXn Account Type

MEXn offers a variety of account types designed to cater to different trading needs. The primary account types available include:

  • Standard Account:
    • Minimum Deposit: $100
    • Spreads: Starting from 1.8 pips
    • Leverage: Up to 400:1
    • Micro Lot Trading: 0.01
    • Assets: 55 currency pairs and CFDs
    • VIP Account:
      • Minimum Deposit: Typically higher, specific details may vary.
      • Benefits: Access to premium services, tighter spreads, and personalized customer support.
      • Managed Accounts:
        • Description: Handled by professional traders, suitable for those who prefer a hands-off approach.
        • Types: Individual managed accounts and pooled managed accounts (PAMM/MAM).

        MEXn does not specify the availability of swap-free (Islamic) accounts in the provided information.

        MEXn Broker Account Opening Process

        Opening an account with MEXn is a straightforward process that can generally be completed online. Here are the steps involved:

        • Visit MEXn's Website: Go to the official MEXn website to begin the registration process.

        • Fill Out the Registration Form: Provide your personal information, including your name, email, address, and phone number.

        • Choose Account Type: Select the account type that best suits your trading needs (e.g., Standard, VIP, Managed).

        • Upload Required Documents: Submit identification documents such as a passport or driver's license, and proof of residency like a utility bill or bank statement.

        • Complete the Trading Experience Survey: Answer questions regarding your trading knowledge and financial background.

        • Account Verification: MEXn will verify your account, which typically takes 24-48 hours. Some brokers may offer instant verification.

        • Fund Your Account: Once verified, deposit funds into your account using various methods available, such as bank transfer or credit/debit card.

        • Start Trading: After funding your account, you can begin trading on the platform.

        • By following these steps, you can successfully open an account with MEXn and start your trading journey.

MEXn accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
MEXn Account