How much do you charge for Forex?

MEXEM offers competitive Forex commissions starting at 0.20 basis point * trade value, with a $2.00 minimum per order. Commissions are estimated based on the second currency, then converted to the account's base currency. More info is on our Forex Pricing Structure webpage.

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Can I convert currency with a Cash account?

Cash accounts can't trade Forex on leverage but can convert currencies. As Forex involves buying one currency and selling another, the sale may result in a short position unless it closes or converts an existing long one. Thus, Forex orders leading to a short balance in any currency won't be accepted in a cash account.

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