Search
MEX Atlantic Forex broker specializes in providing foreign exchange trading services, the company's official website https://mexatlantic...., the company's legitimate regulatory information Cayman IslandsCIMACommon Financial Service License to enhance the security of the company's address

MEX Atlantic Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
MEX Atlantic
Abbreviation
MEX Atlantic
Company employee
--
Customer Service Email Address
cs@mexatlantic.com
Contact Number
+18008283659
Company Website
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Overrun
High potential risk

Company profile

General Information& Regulation MEX Atlantic Corporation (Company No. 354945) is an online financial derivatives broker regulated by the Cayman Islands Monetary Authority (CIMA) under licence number 1811316. Market Instruments MEX Atlantic offers investors about 20,000 financial instruments including forex (55+ forex pairs), metals, shares, indices, commodities & cryptocurrencies. Accounts & Leverage There are 3 kinds of account types for investors to choose from at MEX Atlantic, namely ECN account (minimum deposit of $5,000), Pro account (minimum deposit of $1,000) and Standard account (minimum deposit of $50). The maximum leverage is up to 500:1 for those accounts. Spreads & Commissions The spreads start from 0.0 pips on ECN account, from 0.8 pips on Pro account and from 1.5 pips on Standard account. No commission is charged for trading. Trading Platform MEX Atlantic provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) & MetaTrader 5 (MT5) platform. Deposit & Withdrawal The deposit methods include Bank Transfer, SEPA, Visa, MasterCard, Neteller, Skrill, Cryptos, Thai QR Payment, PaymentAsia, etc. Clients can withdraw via MyMEX account or email. Trading Hours The trading times at MEX Atlantic depend on the specific market. For example, the forex market is open for trading 00:05-23:59 (Monday), 00:01-23:59 (Tuesday~Thursday) and 00:01-23:55 (Friday). Accepted Countries MEX Atlantic serves an international demographic of clients in collaboration with affiliates from 20+ offices located within the financial centers of the world. Customer Support Multilingual customer service is available 24/7 at MEX Atlantic. Clients who have questions or concerns can email at cs@mexatlantic.com for consultation. Making a call (phone numbers for various countries around the globe are listed on the brokers website), sending messages through WhatsApp or chatting with its live customer service are other possible options.

Rating Index

STANDARD

Minimum Deposit
$50

PRO

Minimum Deposit
$1,000​
How to login to MEX Atlantic?
Mex Atlantic Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Mex Atlantic Account Registering for a Mex Atlantic account is the first step towards accessing a wide range of trading opportunities in forex, metals, sha

  

Mex Atlantic Forex Broker - Complete Information Guide

  

1. Broker Overview

  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.

  

2. Regulatory and Compliance Information

  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.

  

3. Trading Products and Services

  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:

  • Indices: Major global stock indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Key commodities like gold, silver, and oil, which are popular among traders seeking safe-haven investments.
  • Shares: A selection of shares from leading companies, providing opportunities for stock trading.
  • Cryptocurrencies: Trading options for major cryptocurrencies like Bitcoin, Ethereum, and Litecoin, catering to the growing interest in digital currencies.

  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.

  

4. Trading Platforms and Technology

  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.

  

5. Account Types and Trading Conditions

  Mex Atlantic provides several account types to accommodate different trading preferences and experience levels:

  • Standard Account: Requires a minimum deposit of $50, with spreads starting from 1.5 pips. This account is ideal for beginner traders.
  • Pro Account: Requires a minimum deposit of $1,000, offering tighter spreads starting from 0.8 pips and zero commissions, suitable for more experienced traders.
  • ECN Account: Requires a minimum deposit of $5,000, providing raw spreads starting from 0.0 pips. This account type is best for traders looking for direct market access.

  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.

  

6. Fund Management

  Mex Atlantic supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets: Such as Skrill and Neteller
  • Cryptocurrencies

  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.

  

7. Customer Support and Educational Resources

  Mex Atlantic provides customer support through various channels, including:

  • Email: cs@mexatlantic.com
  • Phone Support: Available for clients in multiple countries
  • Live Chat: Accessible on the broker's website
  • Social Media: Active presence on platforms like Facebook and Twitter

  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.

  

8. Regional Coverage and Restrictions

  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.

MEX Atlantic Similar Brokers

Dino
Dino Forex Broker - Complete Information Guide   1. Broker Overview   Dino Tradi
1.45
Score
GLO
GLO Forex Broker - Complete Information Guide   1. Broker Overview   GLO Finance
1.46
Score
Yum
Yum Forex Broker - Comprehensive Information Guide   1. Broker Overview   Yum Gr
1.45
Score
CFX
CFX Broker - Complete Information Guide   1. Broker Overview   CFX Broker, offic
1.45
Score
BOK Financial
BOK Financial Forex Broker - Complete Information Guide   1. Broker Overview   B
1.45
Score
My Forex Funds
My Forex Funds Broker - Comprehensive Information Guide   1. Broker Overview   M
1.45
Score
HYCMFX
HYCMFX Forex Broker - Complete Information Guide   1. Broker Overview   HYCMFX,
1.45
Score
1.49
Score
1.49
Score
1.49
Score
HME
1.49
Score
Elite Capital Trade
Elite Capital Trade Forex Broker - Complete Information Guide   1. Broker Overvi
1.49
Score
Unverified
SamXTrade
No license plate
1.49
Score
Unverified
TRFX Garuda Berjangka
1.49
Score
1.49
Score
1.49
Score
1.49
Score
Option Trader24
Option Trader24 Forex Broker - Complete Information Guide   1. Broker Overview
1.49
Score
1.49
Score
1.50
Score
1.50
Score
1.50
Score
1.49
Score
1.49
Score
1.50
Score
Unverified
SIMPOO
Simpoo Forex Broker - Complete Information Guide   1. Broker Overview   Simpoo I
1.50
Score

Latest Reviews

Mell

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

蓝知苑

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

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

MEX Atlantic Forex Broker has an overall rating of 1.46, Regulatory Index 0.00, License Index 0.00, Business Index 6.58, Software Index 4.00 Risk Control Index 0.00.
MEX Atlantic