Why should I open an account with MEXEM?

There are many reasons to open an account with MEXEM including our innovative trading technology, low cost, global access, and financial strength and security. The MEXEM Universal Account is an Integrated Investment Management account that lets you invest around the world.

Why am I required to designate a Base Currency for my account?

The Base Currency you elect for your account serves 3 primary purposes: Accounting Convention, Margin Compliance, and Fees. It serves as a single currency for translating statement balances, determining margin compliance, and charging fees related to market data, research, inactivity, exposure, and commission on Forex trades.

What documents are required to open an account?

The documents which have to be submitted as part of the application process vary depending on the account type (e.g., trader and investor, institutional, educator, referrer) and its structure (e.g., individual, trust, partnership, corporation, LLC). Detailed requirements are available on the website by choosing the Open Account link.

What is the minimum deposit required for the account to stay active?

Um den Status eines aktiven Kontos zu erhalten, reicht bereits ein Mindestguthaben von 0,1 Euro aus, sofern Sie regelmäßig handeln.

How can I reset my password?

Visit de.mexem.com/contact to reset your password.

How long does it take to deposit money on my Mexem account?

When depositing funds on your Mexem account, it generally takes 1-3 working days. You need to always mention your Mexem account number as a reference, otherwise it may take longer.

Why was I charged a fee for a cash withdrawal?

MEXEM allows one free withdrawal request per calendar month. Subsequent withdrawals, irrespective of the method, are charged a fee. The fee charged depends upon the denomination of the currency withdrawn and the withdrawal method.

What is the purpose of buying power?

Die Kaufkraft, die auch als überschüssiges Eigenkapital bezeichnet wird, ist das Geld, das einem Anleger zur Verfügung steht, um Wertpapiere im Rahmen des Handels zu kaufen. Die Kaufkraft entspricht dem gesamten Bargeld auf dem Maklerkonto zuzüglich aller verfügbaren Einschusszahlungen.

What are the regulations for trading ETF's in the US and EU market?

Under European regulations, information about U.S. ETFs must be translated into multiple languages so that retail customers can assess their risk. Most U.S. ETFs can only be traded by institutional investors. You can find equivalent European versions for most U.S. ETFs, usually offered on the London, Dublin, Milan, Luxembourg or Frankfurt exchanges.

Will my dividend automatically convert to my base currency?

MEXEM konvertiert Währungssalden nicht automatisch zurück in die Basiswährung, da dies Annahmen über das gewünschte Währungsengagement des Kontoinhabers sowie über den Handelspreis, zu dem er bereit wäre, die Position zu schließen, erfordern würde.

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