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Mexem was established in 2018, emerging as a European stockbroker that integrates 25 years of financial expertise with modern technology. The company aims to provide a comprehensive trading experience for individual investors, professional traders, and institutions.
Mexem operates as an introducing broker for Interactive Brokers, a well-known and established brokerage firm. This partnership allows Mexem to leverage Interactive Brokers' trading infrastructure and market access.
The company is headquartered in Limassol, Cyprus, which serves as a strategic location for financial services within the European Union.
Mexem offers access to over 150 global markets across 33 countries, providing a diverse range of financial products, including stocks, ETFs, bonds, options, and futures. The firm caters to clients in various regions, including Europe, Asia, and the Middle East.
Mexem operates under the regulations of the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with EU financial regulations. This regulatory oversight is crucial for maintaining client trust and ensuring market integrity.
Since its inception, Mexem has focused on broadening its market access and enhancing its trading platforms. Through its partnership with Interactive Brokers, the company has expanded its reach to include more financial products and services, catering to a diverse clientele.
Mexem has seen significant growth in its customer base, attracting both retail and institutional clients. The firms competitive fees and extensive product offerings have contributed to its rising popularity among traders.
Mexem utilizes the Trader Workstation (TWS) platform from Interactive Brokers, which is known for its advanced trading capabilities. The platform has undergone several updates to improve user experience, offering features such as real-time monitoring, over 100 order types, and algorithmic trading options.
Mexem has received several accolades, including:
Mexem provides access to a wide range of currency pairs, catering to the needs of forex traders. The platform supports trading for over 100 currency pairs, allowing clients to engage in diverse forex trading strategies.
Mexem offers stock trading across 90 stock exchanges, providing access to a vast selection of equities. Traders can buy fractional shares, allowing for investments in high-value stocks with smaller amounts of capital.
The broker also provides Contracts for Difference (CFDs) on various asset classes, enabling traders to speculate on price movements without owning the underlying assets.
In addition to stocks and CFDs, Mexem offers a range of other financial instruments, including:
Mexem distinguishes itself with several unique features:
Mexem is regulated by:
Mexem operates under the legal structure of Mexem Ltd. in Cyprus, with regulatory oversight from CySEC. As an introducing broker for Interactive Brokers, the client funds are held by Interactive Brokers Ireland Limited (IBIE).
Client funds are kept in segregated accounts, ensuring that client assets are protected in the event of financial difficulties. Additionally, the company provides negative balance protection for retail clients trading forex and CFDs.
Mexem primarily serves clients in Europe, Asia, and the Middle East. However, it does not accept clients from the United States and certain other restricted jurisdictions.
Mexem has maintained a strong compliance record since its inception, adhering to the regulations set forth by its governing bodies. The firms association with Interactive Brokers further enhances its compliance credibility.
Mexem faces competition from several notable brokers in the European market, including:
Mexem positions itself as a low-cost broker with a focus on advanced trading capabilities. Its partnership with Interactive Brokers allows it to offer a wide array of financial products and competitive trading fees.
Mexem differentiates itself through:
In conclusion, Mexem has established itself as a prominent player in the European brokerage landscape, offering a range of trading services and maintaining a strong regulatory framework. With its commitment to client satisfaction and continuous innovation, Mexem is well-positioned to meet the evolving needs of traders and investors.
For more information about Mexem and its services, visit the official Mexem website.