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Futures options and margins use SPAN margining, a calculation algorithm set by exchanges. MEXEM may require additional margin for extreme market scenarios. You can check projected margin requirements before order submission on our platform. IRA margin rates might exceed non-IRA requirements. No Intraday margin rates for cash and IRA accounts.
Read MoreDue to COVID-19, the CARES Act has waived 2020 Required Minimum Distributions (RMDs) for IRA owners aged 70½ before 1/1/2020. Generally, RMDs are yearly withdrawals that IRA and retirement plan holders (except Roth IRAs) must take after reaching age 70½. RMDs are calculated by applying an IRS Life Expectancy Factor to your previous year-end account balance. RMD for each retirement plan must be estimated separately but can be withdrawn from any of the accounts. Refer to IRS Publication 550 for more details. Note, MEXEM doesn't provide tax advice. Consult a tax advisor or the IRS for tax-related queries.
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All investments involve risks, including the possible loss of capital.
www.support.mexem.com is a website owned and operated by MEXEM Ltd. MEXEM Ltd is a European broker regulated by CySEC, license No. 325/17.
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Any advertisement or communication concerning the distribution of derivatives falling within the scope of the Regulation of the FSMA of 26 May 2016 governing the distribution of certain derivative financial instruments to retail clients is not addressed to the Belgian public.
