Mex Atlantic, officially known as Mex Atlantic Corporation, was established in 2021. The broker is headquartered in the Cayman Islands, with its primary office located at 4th Floor, Harbour Place, 103 South Church Street, Grand Cayman KY1-1002. It operates as a private entity and is part of the Multibank Group, which has a significant presence in the financial sector.
Mex Atlantic aims to cater to a diverse global audience, providing services primarily in the forex and CFD markets. The broker offers a range of financial instruments, including forex, commodities, indices, shares, and cryptocurrencies. Since its inception, Mex Atlantic has focused on delivering competitive trading conditions and advanced technology to its clients.
The broker's development journey includes milestones such as the establishment of various account types tailored to different trading styles and the integration of popular trading platforms. Being part of the Multibank Group, Mex Atlantic leverages the group's extensive experience and infrastructure in the financial services industry.
The business model of Mex Atlantic encompasses both retail forex trading and institutional services, thereby appealing to a wide range of clients, from novice traders to experienced professionals seeking advanced trading solutions.
Mex Atlantic is regulated by the Cayman Islands Monetary Authority (CIMA), holding the license number 1811316. While this regulatory oversight provides a level of credibility, it is important to note that CIMA is classified as a Tier 3 regulatory authority. This means that the regulatory requirements are not as stringent as those found in other jurisdictions, such as the UK or the US.
The broker's regulatory license is valid for conducting online trading activities, but it does not guarantee the same level of investor protection as higher-tier regulators. Mex Atlantic operates under the laws applicable in the Cayman Islands, and it is crucial for clients to understand the implications of trading with an offshore broker.
Client funds at Mex Atlantic are held in segregated accounts, which is a standard practice intended to safeguard client assets. However, the absence of participation in investor compensation schemes raises concerns regarding the safety of funds in case of insolvency.
In terms of compliance, Mex Atlantic adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which are essential for preventing fraud and ensuring the legitimacy of the trading activities conducted on its platform.
Mex Atlantic offers a comprehensive range of trading products, appealing to various trader preferences. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on fluctuations in the forex market.
In addition to forex, Mex Atlantic offers a variety of CFD products, including:
The broker continuously updates its product offerings, aiming to meet the evolving needs of its clients. Retail trading services are complemented by institutional services, making Mex Atlantic a versatile broker for different types of clients.
Mex Atlantic supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are known for their reliability and advanced trading features, making them suitable for both novice and experienced traders.
The MT4 platform provides extensive charting capabilities and customizable indicators, while MT5 offers additional features such as trading in stocks and futures, along with enhanced analytical tools. Both platforms are accessible on various devices, including desktop and mobile, ensuring flexibility for traders.
In addition to MT4 and MT5, Mex Atlantic also offers a proprietary trading platform designed for ease of use. This platform includes features that cater to different trading styles, with an intuitive interface and customizable workspaces.
The broker employs a Market Making execution model, which may influence the trading conditions and pricing available to clients. The technology infrastructure of Mex Atlantic is robust, with servers located in secure data centers to ensure fast order execution and minimal latency.
The broker also supports automated trading through APIs, allowing traders to implement their strategies without constant supervision.
Mex Atlantic provides several account types to accommodate different trading preferences and experience levels:
All account types allow leverage of up to 1:500, which can amplify both potential profits and risks. The minimum trade size and overnight fees vary depending on the account type and trading conditions.
Mex Atlantic also offers a demo account for traders to practice their strategies without risking real capital. The broker's trading conditions, including spreads and commissions, are competitive, but traders should be aware of the risks associated with high leverage.
Mex Atlantic supports a variety of deposit methods, including:
The minimum deposit requirement varies by account type, starting at $50 for the standard account. Deposits are typically processed quickly, allowing traders to fund their accounts and start trading without significant delays.
While Mex Atlantic does not explicitly state deposit fees, traders should be aware of potential charges associated with certain payment methods. Withdrawal methods include bank transfers, credit cards, and e-wallets, but specific withdrawal limits and processing times are not clearly outlined.
Withdrawal processing times can vary, and traders have reported issues with withdrawals, which is a common concern with offshore brokers. It is essential for clients to understand the withdrawal policies and any associated fees, especially regarding inactivity charges, which can be as high as $60 after three months of inactivity.
Mex Atlantic provides customer support through various channels, including:
The support team is available 24/7, ensuring that clients can receive assistance at any time. Mex Atlantic offers multilingual support, catering to clients from diverse linguistic backgrounds.
To enhance trader knowledge, Mex Atlantic provides educational resources, including webinars, tutorials, and market analysis. These materials are designed to help both beginners and experienced traders refine their skills and make informed trading decisions.
Additionally, the broker offers various trading tools, such as calculators and economic calendars, to assist clients in their trading activities.
Mex Atlantic serves a global clientele, with operations in over 20 countries. The broker maintains a network of offices in major financial hubs to better cater to its international client base.
However, it is important to note that Mex Atlantic does not accept clients from certain jurisdictions, including the United States and European Union countries, due to regulatory restrictions. The broker's offshore status may also limit its ability to operate in regions with stringent financial regulations.
In summary, while Mex Atlantic offers a range of trading products and services, potential clients should carefully consider the implications of trading with an offshore broker and the associated risks.
蓝知苑
Spain
To be honest, the trading conditions offered by this company seem too good, low fees, high leverage, various instruments... But after seeing their regulatory status, I think these conditions may just be bait.
37130
2022-11-28
我的优乐美
Taiwan
Trading conditions on MEX Atlantic platform seems quite outstanding, variety of trading assets to choose, mt4, mt5 trading platform, demo accounts available, low minimum deposit requirements… my friend Jimmy recommends it to me, thanks jimmy. I tried demo accounts, and its performance makes me quite confident. I’ve registered a real account here, so excited! I just cannot wait to see how much money I’ll make!
Positive
2022-11-24
Mell
Thailand
Great platform, great customer support, I am happy with this broker. Large number of trading instruments, advanced trading platform, narrow spreads… Yes, it deserves giving a try.
37130
2023-02-24