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MEX EXCHANGE review

MEX EXCHANGE review: regulation (Australian Financial Service Licence No.416279), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.

5of 5
Open account
Minimum deposit100
Max. leverage1:500
Spread from1 Pips
Founded2016

Trading conditions

Broker type
STP/ECN
Minimum deposit
100
Maximum leverage
1:500
Minimum spread
1 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/debit cards, Wire transfer, Neteller, Skrill, fasapay,
Withdrawal methods
Credit/debit cards, Wire transfer, Neteller, Skrill, fasapay,

Company

Regulation
Australian Financial Service Licence No.416279
Founded
2016
Country
Australia
Address
Level 22 Suite 5, 227 Elizabeth St Sydney NSW 2000, Australia
Website languages
English
Phone
+1800 859 092
Email or Skype
[email protected]

MEX EXCHANGE pros and cons

Pros

  • Regulated by Australian Financial Service Licence No.416279
  • Low minimum deposit: 100
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

MEX EXCHANGE FAQ

Is MEX EXCHANGE a safe and regulated broker?

MEX EXCHANGE was founded in 2016 and is regulated by Australian Financial Service Licence No.416279. Your protection depends on which MEX EXCHANGE entity opens your account.

What is the minimum deposit at MEX EXCHANGE?

The minimum deposit at MEX EXCHANGE is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at MEX EXCHANGE?

MEX EXCHANGE offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does MEX EXCHANGE offer a no deposit bonus?

No. MEX EXCHANGE does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does MEX EXCHANGE offer?

MEX EXCHANGE supports MetaTrader 4. Mobile trading is available.

Does MEX EXCHANGE allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does MEX EXCHANGE offer an Islamic (swap-free) account?

Yes. MEX EXCHANGE offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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MEX EXCHANGE – NoOpen account