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MEX EXCHANGE Review: Is MEX EXCHANGE a Safe Broker for Your Trading?

MEX EXCHANGE is an STP/ECN forex and CFD broker based in Australia, founded in 2016. Regulation: Australian Financial Service Licence No.416279. This MEX EXCHANGE review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT4 STP/ECN ✓ Regulated

MEX EXCHANGE at a Glance

A regulated forex and CFD broker with a $100 minimum deposit, spreads from 1 Pips, leverage up to 1:500 and MT4 platforms. Hedging, scalping and news trading allowed.

Foundation year
2016
Regulation
Australian Financial Service Licence No.416279
Headquarters
Level 22 Suite 5, 227 Elizabeth St Sydney NSW 2000, Australia
Promotion
Yes
Minimum deposit$100to open a live account
Min. deposit
$100
Max leverage
1:500
Spreads from
1 Pips

Trading CFDs carries a high risk of losing money.

MEX EXCHANGE Broker Overview

By ForexAllBonus Editorial Team· 11 min read· Fact-checked against broker data

Here is every key fact about MEX EXCHANGE in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

MEX EXCHANGE key facts
FeatureMEX EXCHANGE
Broker nameMEX EXCHANGE
Foundation year2016
HeadquartersLevel 22 Suite 5, 227 Elizabeth St Sydney NSW 2000, Australia
CountryAustralia
Telephone+1800 859 092
Email / Skypesupport@mexexchange.com
Regulated byAustralian Financial Service Licence No.416279
Type of brokerSTP/ECN
Min. deposit$100
Max leverage1:500
Min. spreads1 Pips
Funding methodsCredit/debit cards, Wire transfer, Neteller, Skrill, fasapay
Withdrawal methodsCredit/debit cards, Wire transfer, Neteller, Skrill, fasapay
Base currenciesUSD/EUR & More
LanguagesEnglish
Trading platformsMetaTrader 4
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✗ No
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus✗ No
PromotionYes

In simple words: traders get MetaTrader 4, spreads from 1 Pips, leverage up to 1:500 and a $100 minimum deposit. New clients can also check the current Yes.

Is MEX EXCHANGE Safe? Regulation and Company Details

MEX EXCHANGE is a regulated broker. Australian Financial Service Licence No.416279.

RG

Regulation

Australian Financial Service Licence No.416279

HQ

Head office

Level 22 Suite 5, 227 Elizabeth St Sydney NSW 2000, Australia (Australia)

SF

Client funds

The broker does not list segregated client accounts.

YR

Track record

In business since 2016. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.

MEX EXCHANGE Trading Conditions

Spreads and commissions

MEX EXCHANGE spreads start from 1 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MetaTrader 4

Desktop platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

MEX EXCHANGE Account Types

MEX EXCHANGE offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: USD/EUR & More. Choosing the currency you spend in helps you avoid conversion fees.

Deposits and Withdrawals at MEX EXCHANGE

MEX EXCHANGE supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • Credit/debit cards
  • Wire transfer
  • Neteller
  • Skrill
  • fasapay

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

MEX EXCHANGE Bonus and Promotions

Bonuses are a big reason traders search for MEX EXCHANGE. Availability depends on your country and the account type.

  • Yes — the current promotion for MEX EXCHANGE clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official MEX EXCHANGE website before accepting any offer.

MEX EXCHANGE Pros and Cons

Pros

  • Regulated: Australian Financial Service Licence No.416279
  • Yes
  • Low $100 minimum deposit
  • Spreads from 1 Pips, STP/ECN execution
  • MetaTrader 4
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • No segregated client accounts
  • No no-deposit bonus
  • Bonus comes with trading-volume rules

How to Open an MEX EXCHANGE Account

  1. RegisterFill in your name, email, country and phone number on the MEX EXCHANGE sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT4).
  4. Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.

About MEX EXCHANGE

MEX EXCHANGE Review: Overview

MEX EXCHANGE is an STP/ECN forex broker founded in 2016 and based in Australia. Its head office is at Level 22 Suite 5, 227 Elizabeth St Sydney NSW 2000, Australia. The company offers online trading in forex with a minimum deposit of 100, leverage up to 1:500 and spreads from 1 pip. Its main platform is MetaTrader 4, which is available in a desktop version, in the browser and on mobile devices.

The broker is a reasonable option for traders who want an ECN-style execution model, a range of account types and a choice of funding methods. It is less suitable for clients who need every safety feature, because some of its protections are limited, as explained below. This review covers regulation, account types, platforms, costs, deposits and withdrawals, bonuses, support, advantages and drawbacks, and our overall verdict.

You can visit the official website at MEX EXCHANGE to check the latest details directly.

Regulation and Safety

MEX EXCHANGE holds Australian Financial Service Licence No.416279. An Australian Financial Services Licence (AFSL) is the authorisation that Australian firms need to provide financial services, and it is issued under Australian law. Holding a licence means the firm must meet certain legal obligations, but it does not guarantee that you will make a profit or that you will recover losses. Before you open an account, we recommend checking the licence number on the official register of the Australian regulator and confirming that the entity you deal with is the one named on the licence.

There is one point every prospective client should weigh carefully. MEX EXCHANGE does not offer segregated client funds, according to the information available for this profile. Segregation means that client money is held in accounts separate from the company's own money, which can make a difference if the broker runs into financial trouble. Without it, your funds may be held together with the broker's operating money. This is an important trade-off, and it should factor into how much you deposit.

Safety also depends on your own habits. Use a strong, unique password, enable any two-factor authentication the broker offers, and never share your login details. Keep records of your deposits, withdrawals and trades, and read the client agreement before you fund your account.

Account Types

MEX EXCHANGE offers several account types, which makes it easier to match an account to your experience and goals. The broker lists the following options:

  • Standard accounts are the core option for most traders and work with the broker's main trading conditions.
  • Mini accounts are designed for traders who want to start with smaller position sizes and lower capital at risk.
  • VIP accounts are aimed at more active or higher-volume clients. Check the official website for the specific requirements and benefits.
  • Islamic accounts are swap-free accounts that follow Sharia principles, which is useful for traders who do not want to pay or receive overnight interest.
  • Swap-free accounts remove overnight financing charges, which can suit longer-term positions.
  • Managed accounts let clients use professional management of their funds. Because this involves handing over trading decisions, make sure you understand the fee structure and the risks before you agree.

The broker also provides a free demo account. This is a useful way to learn the platform, test strategies and get used to the order process before committing real money.

Account base currencies are listed as USD and EUR, with other currencies also available. Confirm which base currency suits you before opening an account, since changing it later may not be possible or may carry costs.

Trading Platforms

MEX EXCHANGE offers MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 supports a large number of technical indicators, custom tools and Expert Advisors, which are automated trading programs. Traders familiar with MT4 will find the layout and order tools straightforward.

The platform is available in three ways:

  • Desktop: the full MT4 application for Windows or other supported systems.
  • Web trading: trade directly in a browser without installing software, which is handy when you are using a shared or restricted computer.
  • Mobile trading: manage positions and place orders from a smartphone or tablet while you are away from your desk.

Only MetaTrader 4 is listed for this broker. Traders who specifically want MetaTrader 5 or a proprietary platform should check whether it is available before opening an account.

Spreads, Fees and Leverage

MEX EXCHANGE advertises minimum spreads from 1 pip. Spreads are the difference between the buy and sell price, and they are one of the main trading costs. The advertised minimum does not mean every trade will have this spread. Spreads usually change with market conditions, such as volatility, news releases and the currency pair being traded. Because the broker operates on an STP/ECN model, spreads may also be influenced by the liquidity providers it connects to. Compare live quotes on the platform during the hours you plan to trade.

Leverage of up to 1:500 is available. High leverage allows you to control a large position with a small amount of capital, but it also magnifies losses as well as gains. The broker notes that leverage may be lower depending on your country and account type, so confirm the leverage you will receive before funding your account. Rules on leverage can also differ by jurisdiction, and some countries set their own limits.

Other costs, such as commissions, overnight swap charges, withdrawal fees and any fees charged by payment providers, are not fully detailed in the information available here. Read the official fee schedule on the website before you trade, and ask support for clarification if anything is unclear.

Risk warning: trading forex and CFDs on leverage carries a high risk of losing money quickly. Only trade with money you can afford to lose.

Deposits and Withdrawals

The minimum deposit at MEX EXCHANGE is 100. Check on the website which currency this amount is quoted in, as it can affect how much you actually need to send.

MEX EXCHANGE accepts the following deposit methods:

  • Credit and debit cards
  • Wire transfer
  • Neteller
  • Skrill
  • fasapay

Withdrawals can be made through the same methods: credit and debit cards, wire transfer, Neteller, Skrill and fasapay. Using the same method for deposits and withdrawals is a common practice that many brokers follow, but check the official rules for any restrictions. Processing times, limits and fees for each method are not listed in the information available for this review, so confirm them with the broker before you transact. E-wallets such as Neteller, Skrill and fasapay can have their own charges and verification steps.

Bonuses and Promotions

MEX EXCHANGE offers a welcome bonus and other promotions. Bonus offers change over time, and the details, such as eligibility, bonus size, trading volume requirements and withdrawal conditions, are not described in full here. Before you deposit to claim any offer, read the bonus terms carefully. Pay particular attention to how the bonus is credited, what volume you must trade to release it, whether it can be withdrawn, and whether it affects your leverage or your ability to close trades.

No no-deposit bonus is offered at the time of writing, so you will need to deposit funds to access the current promotions. A bonus should never be the main reason to choose a broker. Focus first on regulation, costs, platform quality and how easy it is to withdraw your money.

Customer Support

Details about customer support channels, opening hours and response times are not included in the information available for this profile. To find out how to contact the team, visit the official website. Before opening an account, it is worth sending a test question about spreads, withdrawals or account conditions and noting how quickly and clearly you get a reply. Good support is especially valuable when you are dealing with payments or unexpected platform issues.

Pros and Cons

Pros

  • Australian licence (AFSL No.416279) and an established history since 2016
  • STP/ECN execution model with spreads from 1 pip
  • Leverage up to 1:500, subject to country and account rules
  • Low minimum deposit of 100
  • Choice of standard, mini, VIP, Islamic, swap-free and managed accounts
  • Free demo account for practice
  • MetaTrader 4 on desktop, web and mobile
  • Hedging, scalping and news trading are allowed
  • Multiple deposit and withdrawal methods, including e-wallets
  • Welcome bonus and other promotions available

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose MEX EXCHANGE?

MEX EXCHANGE offers a $100 entry cost, MT4 platforms and a track record since 2016.

MEX EXCHANGE suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

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