TradingCritique

Select Your Brokers to Compare

Plus500 vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Plus500

Plus500

VS
MEXEM

MEXEM

Icon

Broker Overview

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

Market maker

STP

Years of Existence / Established Year

2008

2018

Customer Base / Number of Accounts

20 Million

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

Cysec AFM FSMA

Awards Won (count for the last 2 years)

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

No major awards listed

Security Measures

Anti-Money Laundering

ICCL

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2800+

150 + trading assets Warrant

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

No

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

No

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading platform

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

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Retail Account & Demo Account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$100

$0

Leverage Available

1:30

NA

Trade Limit (maximum per trade)

Depends on the asset type

Varies for each product

Commission (per account type)

$0

NA

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

Experienced traders

Experienced only


Icon

Deposit & Withdrawal Options

Deposit Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Bank Transfer

Withdrawal Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Bank Transfer

Other E-Wallets Supported

PayPal, Skrill

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

No

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

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide

Practical tutorials on using TWS trader workstatioin Video tutorials


Icon

Fees & Commissions

Trading-Related Fees

Commission-$0

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

1:30

NA


Icon

Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

NA

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.70%

0.05%

Withdrawal Fee

$0

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


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

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


Icon

Customer Support

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

24/7

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

Customer Support Methods (phone, email, live chat)

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

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

Support Languages

32+

10+


Icon

Additional Information

Headquarters Location

Menachem Begin 125 Tel Aviv, Israel.

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.
Plus500 is known for competitive pricing on basic trades, especially for beginners. However, MEXEM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
New users will likely find Plus500 sign-up process more intuitive. Meanwhile, MEXEM takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
If you're looking for platform speed and ease of execution, Plus500 delivers a smooth experience. MEXEM , however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Plus500 strength lies in high-performance trading, while MEXEM provides a more accessible route for everyday investors.