MEXEM FAQ Tags

fees

My Account & Login

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

The Base Currency in your MEXEM account is essential for translating statement balances, ensuring margin compliance, and managing fees. It's often chosen based on the client's country of residence or where most income and assets are denominated. It minimizes necessary currency conversions.

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Fees & Interest

Where did the charge in my activity statement's Fees section for ADR Fee come from?

Central Securities Depositories collect custody fees for non-dividend paying ADRs. Fees, ranging from 0.01-0.03 USD per share, are deducted on the record date and appear in your Activity Statement's Fees section. Consult the ADR prospectus or the SEC website for further information.

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Fees & Interest

What fees am I charged on an assignment or exercise?

Most stock option exercises/assignments have no fees. However, fees apply to Australian and Hong Kong stock options. US stock options are subject to regulatory fees. Index options have standard commissions, except US index options. Futures and future options follow standard commissions. Check MEXEM website for details.

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Fees & Interest

What commissions do you charge for Mutual Funds?

North American and Global mutual funds have a transaction fee of 3% of Trade Value or $14.95. European mutual funds have Fixed (0.1% of Trade Value, min €4, max €29) and Tiered pricing (starts at 0.08% of Trade Value, min €1.25, max €29, decreases with volume). More details on our website. MEXEM also offers No Transaction Fee Funds.

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Fees & Interest

Is there a fee for TWS login?

There is no TWS login fee. MEXEM does not charge for any of our trading platforms or the various tools included.For additional information on Other Fees and Required Minimum Activity, please visit the MEXEM website.

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Fees & Interest

How much do you charge for options?

MEXEM offers a tiered commission structure for US options trading, starting at $0.65 per contract, with additional fees. Higher charges apply to sell orders due to transaction fees. For Europe and Asia, fixed and tiered pricing options are available, varying by exchange and product. More details on our website.

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