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MEXEM vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

MEXEM

MEXEM

VS
Oanda

Oanda

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Broker Overview

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

STP

Market maker

Years of Existence / Established Year

2018

1996

Customer Base / Number of Accounts

Info not available

50M


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Regulation & Security

Regulations (governing bodies)

Cysec AFM FSMA

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

No major awards listed

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

ICCL

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150 + trading assets Warrant

68+ major currency pairs

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

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

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

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Individual Accounts Instituitional Accounts

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

NA

50:1

Trade Limit (maximum per trade)

Varies for each product

Varies by instrument

Commission (per account type)

NA

Standard - $50/M Premium - $50/M Premium Plus - $40/M

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

Experienced only

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfer

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank Transfer

Debit card Bank Wire transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

No

Yes

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

Practical tutorials on using TWS trader workstatioin Video tutorials

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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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

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

NA

Typical

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

NA

Maximum Leverage

NA

50:1


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Non-Trading Fees

Dormant Fees

NA

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

$0

$0

Swap Fees (Overnight Financing)

NA

Vary on instruments and change on a daily basis

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.05%

0.50%

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

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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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

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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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

Customer Support Methods (phone, email, live chat)

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

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

10+

4


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Additional Information

Headquarters Location

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Dashwood House 64, Old Broad Street London EC2M 1QS

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.
MEXEM is known for competitive pricing on basic trades, especially for beginners. However, Oanda fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
MEXEM offers a quick and paperless account setup that appeals to traders on the go, whereas Oanda more involved onboarding process adds an extra layer of safety and regulatory checks.
MEXEM excels in real-time trade execution with minimal latency, whereas Oanda complements its execution with strong analytical modules and educational support within the platform.
Those seeking technical depth may prefer MEXEM, while Oanda shines with intuitive design and streamlined features.