E*TRADE vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

MEXEM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both ECN and STP broker

STP

Years of Existence / Established Year

1982

2018

Customer Base / Number of Accounts

5.2 million client accounts

Info not available

Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

Cysec AFM FSMA

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

No major awards listed

Security Measures

SIPC

ICCL

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

150 + trading assets Warrant

Currency Pairs

Yes

Commodities

Yes

Indices

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

Leverage Available

Trade Limit (maximum per trade)

Depends on assets class

Varies for each product

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced only

Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

Bank Transfer

Withdrawal Methods

E-wallets, check, Wire transfer

Bank Transfer

Other E-Wallets Supported

Electronic transfer

Tools & Educational Resources

Economic Calendar

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

Practical tutorials on using TWS trader workstatioin Video tutorials

Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

Per Lot Fees

Options Contract Fees

$0.65

0.65% per contract

Futures Contract Fees

$1.50

0.85% per contract

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

0.30%

Swap Fees (Overnight Financing)

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

$15/ month

Deposit Fee

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

0.05%

Withdrawal Fee

Check return - $25, Electronic return -$25

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed

Customer Support

Support Hours (e.g., 24/7, weekdays only)

8 AM - 8 PM ET on weekdays

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

10+

Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Both E*TRADE and MEXEM offer affordable fee structures, but E*TRADE generally edges out with no inactivity fees and lower commissions on standard trades, whereas MEXEM shines with bundled research and platform access.

E*TRADE gets you trading faster thanks to its minimal entry barriers. In comparison, MEXEM account setup is slower but includes extra layers of financial screening and suitability assessments.

The trading interface of E*TRADE is known for its speed and ease-of-use, while MEXEM shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.

E*TRADE is geared toward frequent trading and analytics, while MEXEM fits those who value simplicity and guided experiences.

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