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

Broker Name

MEXEM

MEXEM

VS
Spreadex

Spreadex

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Broker Overview

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

STP

STP

Years of Existence / Established Year

2018

1999

Customer Base / Number of Accounts

Info not available

60,000+ traders


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Regulation & Security

Regulations (governing bodies)

Cysec AFM FSMA

FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

Security Measures

ICCL

FSCS

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

10,000 trading assets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

Yes

No

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

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

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

Spreadex TradingView

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

Spread betting Financial trading

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

€0

Leverage Available

NA

30:1

Trade Limit (maximum per trade)

Varies for each product

Varies by instrument

Commission (per account type)

NA

€2.50 per lot

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

Experienced only

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfer

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

Bank Transfer

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

No

Apple Pay


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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

Customisable platform 35+ technical indicators Price alerts


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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 0.6 pips

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

NA

Maximum Leverage

NA

30:1


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Non-Trading Fees

Dormant Fees

NA

1 per month

Subscription Fees (for premium features, data feeds)

NA

€0

Advisory Fees

$0

€0

Swap Fees (Overnight Financing)

NA

Yes

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%

Info not available

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

€0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


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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

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm


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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.

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

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

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

10+

1


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Additional Information

Headquarters Location

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

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, Spreadex fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
While MEXEM prioritizes fast registration with minimal steps, Spreadex focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
New traders may find MEXEM interface more welcoming, while Spreadex appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
MEXEM caters to serious traders who value advanced features, whereas Spreadex appeals to beginners due to its user-friendly platform.