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MEXEM vs IG : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
MEXEM
IG
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP
ECN
Years of Existence / Established Year
2018
1974
Customer Base / Number of Accounts
Info not available
313,000 customers
Regulation & Security
Regulations (governing bodies)
Cysec AFM FSMA
NFA CFTC FCA
Awards Won (count for the last 2 years)
No major awards listed
Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022
Security Measures
ICCL
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
150 + trading assets Warrant
17,000 + markets
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
Yes
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs
ProReal Time APIs L2 dealer
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual Accounts Instituitional Accounts
Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$50
Leverage Available
NA
200:1
Trade Limit (maximum per trade)
Varies for each product
Trade size vary on each asset
Commission (per account type)
NA
Starting from 0.1
Best Suited For (e.g., beginners, experienced traders)
Experienced only
Beginners
Deposit & Withdrawal Options
Deposit Methods
Bank Transfer
Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise
Withdrawal Methods
Bank Transfer
Card Bank transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
No
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Practical tutorials on using TWS trader workstatioin Video tutorials
Trade analytics tools Seminars & webinars
Fees & Commissions
Trading-Related Fees
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
US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%
Spread (typical, fixed, variable)
NA
Variable
Per Lot Fees
NA
NA
Options Contract Fees
0.65% per contract
NA
Futures Contract Fees
0.85% per contract
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
Vary for each asset
Maximum Leverage
NA
200:1
Non-Trading Fees
Dormant Fees
NA
$12/month after 24 months of no trading activity
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
$0
NA
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
NA
$50
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$0
Free for Wire & check deposits
Currency Conversion Fee
0.05%
0.5% - CFDs and share dealing accounts 0.7% - international shares
Withdrawal Fee
First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w
Wire transfer - $25
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed
Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges
Customer Support
Support Hours (e.g., 24/7, weekdays only)
Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.
24x5 support
Customer Support Methods (phone, email, live chat)
Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]
Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)
Support Languages
10+
8
Additional Information
Headquarters Location
Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus
IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA
Complaints (for crypto brokers)
No
No
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