TradingCritique

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Forex.com vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Forex.com

Forex.com

VS
MEXEM

MEXEM

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Broker Overview

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

Market maker

STP

Years of Existence / Established Year

2001

2018

Customer Base / Number of Accounts

454k + Customers

Info not available


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Regulation & Security

Regulations (governing bodies)

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

Cysec AFM FSMA

Awards Won (count for the last 2 years)

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

No major awards listed

Security Measures

FSCS

ICCL

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5, 500+ Stocks

150 + trading assets Warrant

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Forex.com Proprietary platform

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

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Standard, Raw spread, MetaTrader account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$100

$0

Leverage Available

50:1

NA

Trade Limit (maximum per trade)

No information

Varies for each product

Commission (per account type)

Raw account - $7 per 100k USD traded

NA

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

Beginners to experienced traders

Experienced only


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit card, bank wire

Bank Transfer

Withdrawal Methods

Credit/ debit card, bank wire

Bank Transfer

Other E-Wallets Supported

Neteller, skrill

No


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Tools & Educational Resources

Economic Calendar

Yes

No

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

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research

Practical tutorials on using TWS trader workstatioin Video tutorials


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Fees & Commissions

Trading-Related Fees

Commission: Fixed $7 USD per $100k USD traded

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)

Variable

NA

Per Lot Fees

NA

NA

Options Contract Fees

NA

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

50:1

NA


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Non-Trading Fees

Dormant Fees

$15 inactive for 12 months

NA

Subscription Fees (for premium features, data feeds)

$5

NA

Advisory Fees

$30

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.50%

0.05%

Withdrawal Fee

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000

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


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

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


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Customer Support

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

24/5

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

Customer Support Methods (phone, email, live chat)

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

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

Support Languages

5

10+


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Additional Information

Headquarters Location

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Complaints (for crypto brokers)

No

No


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.
Forex.com stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, MEXEM offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Account approval at Forex.com is usually completed within hours, often with automated ID checks. MEXEM might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Forex.com integrates well with algorithmic trading tools and third-party plugins. In contrast, MEXEM emphasizes educational content and built-in research features within its platform.
For market veterans, Forex.com brings the tools they need. New investors might find MEXEM more approachable and cost-effective.