Read our comprehensive Mex Exchange review to find out this broker is a scam or not ! .The Mex Exchange is an online trading platform that was established in 2012 in Sydney, Australia. The Mex Exchange broker has evolved to become one of the largest financial institutions around the world since its inception. Today, Mex Exchange forex broker serves individuals, brokers and institutions by introducing them to advanced trading platforms and the tightest pricing.
According to Mex Exchange review, the firm is owned by MEX Australia Pty Ltd which has the following Australian company number 155 084 058. The Mex Exchange has been authorized by the Australian securities and investment commission to provide trading solutions to individuals and institutions. The company has its head offices in Sydney, Australia.
Unique Features of Trading with Mex Exchange Broker !
Click here for : Official Website Of Mex Exchange
- Wide variety of assets
The Mex Exchange broker review reveals that this forex broker allows individuals and institutions to trade with a wide variety of assets which include forex, CFD, metals and stocks. The forex assets allow traders to have access to the tightest spreads in the market. Mex Exchange provides an automatic dealing desk where no human intervention is needed. There are over 120 currency pairs available which include major, minor and exotics. CFD trading is also possible via Mex Exchange forex broker thanks to its flexible online trading options. One can trade with instruments like equities and commodities from the European, US and Asian markets. This includes Brent crude oil and Bullion contracts.
- Expert advisors
According to Mex Exchange broker review, expert advisor is a software developed specifically for MetaTrader platforms and helps to enhance results and profits for currency traders. There are two types and they include MQL4 and EX4. The difference between MQL4 and EX4 is that MQL4 can be opened and edited with the Meta Editor program while the EX4 cannot.
Expert advisors provide several benefits to traders which include the ability to download several robots to trade on different currencies or same currency pair. In order to work with EAs, follow available instructions.
- Demo account
The Mex Exchange offers beginners with a demo account that is funded with $100,000 in virtual currency. The demo account enables traders to enter and enjoy the exciting world of online trading with assets like currencies, metals and stocks. The Mex Exchange demo account allows one to practice with live trading freely for 30 days. In order to activate one’s demo account, you need to provide a username and password. Thanks to the demo account, one can gain mastery skills to trade in the world of global financial markets.
The Mex Exchange forex broker platforms are developed to provide unparalled package for beginners and professionals. This is made possible while maintaining its trademark and versality. The Mex Exchange platforms are designed for trading to be truly efficient and profitable. Our review observed that this software provides each and every tool that helps to maximize the trader’s ability.
The Mex Exchange utilizes the MT4 platform which offers trading in forex, metals and CFDs. It utilizes the state of the art ECN technology plus the MT4 trading system. This allows the multibank to perform with unparalled stability, reliability and tight 5 two-way figure pricing.
Deposits and Withdrawals
According to Mex Exchange review, you need to fund your account in order to begin trading. Once you create an account and it is approved, you need to log in and make a deposit. Mex Exchange forex broker accepts the following payment systems – neteller, skrill, fasapay, unionpay, MasterCard, visa and bank transfer.
Withdrawal is easy and all you need is to submit a request via the withdrawal form. You can select withdrawal of full balance or a specified amount. If you are unable to send a request via the available form, you can email their support at support@ Mex Exchange .com.
Bonus and Promotions
It is common for online trading platforms to provide bonuses and promotions to traders. This is done to attract and reward new and current traders. Two forms of bonuses are offered to traders and they include balance bonus and credit bonus. Balance bonus is offered when traders make a deposit in the account via the approved payment system while credit bonus is provided under Mex Exchange terms and conditions. The one thing every client needs to know is that bonuses and promotions are under Mex Exchange forex broker discretion. The sad thing our review observed is that , no information is available at the official website regarding the bonuses and promotions offered by Mex Exchange. You can always contact this forex broker via the support page and they are ready to help you resolve any query you have.
According to Mex Exchange review, beginners have access to a demo account which offers them a free practice of the live trading environment. This allows them to gain mastery skills in order to trade in the world of global financial markets. In order to access the demo account, one is required to provide a username and password. A total of $100,000 in virtual money is available in the demo account thus beginners can be able to try out the trading platform.
The demo account has an easy to use interface, offers live trading environment, allows one to access real time spreads, 5 funding currencies, up to 500:1 leverage and you can be able to test any of your trading strategies with no risk. If you are in need of help, you can always contact customer support via the contact us page. They will respond to any of your queries within no time.
Is Mex Exchange Forex Broker A Scam?
The Mex Exchange scam is nonexistent as this broker is licensed and regulated by the Australian Securities & Investments Commission. Mex Exchange scam would not be able to provide a demo account which is the case with the genuine Mex Exchange. It provides a demo account for beginners who can trade online without experiencing any risk. The account is funded with $100,000 in virtual money allowing beginners to learn the ropes of trading.
Review Conclusion : Mex Exchange Is Not a Scam !
The Mex Exchange is one of the largest financial institutions in the world that offers online trading solutions. It was founded in 2012 and today, it has its headquarters in Sydney, Australia. As said earlier in the review , Mex Exchange scam is nonexistent as the firm is licensed and regulated by the Australian Securities and Investment Commission. Furthermore, it offers a genuine demo account that enables beginners to learn the ropes of online trading. It can be concluded from Mex Exchange review that that is not a scam. Try it today!