Score

1.51 /10
Danger

MEXn

Hong Kong

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

MEXn LIMITED

Company Abbreviation

MEXn

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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MEXn · Company summary
MEXn Basic Information
Company Name MEXn
Founded 2018
Headquarters Hong Kong
Regulations Not regulated
Products and Services AI financial robots, self-study guides, revenue sharing from transaction fees, IB and White Label consulting, mobile trading platform, professional AI robots for asset management
Minimum Deposit $100.00
Leverage Up to 1:400
Spreads Starting from 1.8 pips
Customer Support Tel: +852 6653 2060, Email: support@mex-n.com

Overview of MEXn

MEXn, headquartered in Hong Kong and established in 2018, offers a comprehensive suite of financial products and services tailored for traders. These include AI financial robots, self-study guides, revenue sharing from transaction fees, IB and White Label consulting, a mobile trading platform, and professional AI robots for asset management. With a minimum deposit of $100.00 and leverage up to 1:400, MEXn provides traders with access to competitive spreads starting from 1.8 pips. The company's customer support via telephone and email ensures traders receive assistance and guidance when needed, enhancing their trading experience in the financial markets.

Overview of MEXn

Is MEXn Legit?

MEXn lacks regulation, signifying its operation without oversight from recognized financial regulatory authorities. Traders should proceed with caution and acknowledge the associated risks when contemplating trading with an unregulated broker like MEXn. These risks include limited avenues for dispute resolution, potential concerns regarding fund safety and security, and a lack of transparency in the broker's business practices. To ensure a safer and more secure trading experience, it is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities.

Is MEXn Legit?

Pros and Cons

MEXn impresses with its diverse array of financial products and services, offering traders a wide range of tools and options for their trading needs. Competitive spreads and high leverage options further enhance trading opportunities. Additionally, the availability of customer support via telephone and email ensures assistance is readily accessible. However, the lack of regulatory oversight may raise concerns about transparency and investor protection. Additionally, some traders may find the minimum deposit requirement restrictive.

Pros Cons
  • Wide Range of Financial Products and Services
  • Lack of Regulation
  • Competitive Spreads and High Leverage Options
  • Limited Transparency
  • Customer Support Availability
  • Minimum Deposit Requirement

Products and Services

MEXn provides AI financial robots, self-study guides for quick learning, revenue sharing from transaction fees, IB and White Label consulting, a mobile trading platform, and professional AI robots for asset management, catering to traders of all levels.

Products and Services
Products and Services

Minimum Deposit

The minimum deposit required to start trading with MEXn is $100.00.

Minimum Deposit

Leverage

MEXn offers leverage up to 1:400, allowing traders to magnify their positions in the market.

Leverage

Here is a comparison table of maximum leverage offered by different brokers:

Broker MEXn Libertex IC Markets RoboForex
Maximum Leverage 1:400 1:30 1:500 1:2000

Spreads

MEXn offers spreads starting from 1.8 pips, providing traders with cost-effective trading opportunities.

Spreads

Customer Support

MEXn's customer support is accessible through phone at +852 6653 2060 or email at support@mex-n.com. The company's physical address is RM 1506, 15/F GOLDEN GATE COMM BLDG, 136-138 AUSTIN RD, TST, KLN HONG KONG.

Customer Support

Conclusion

In conclusion, MEXn presents a compelling option for traders with its diverse range of financial products and services, competitive spreads, and high leverage options. The availability of customer support adds to its appeal, providing assistance when needed. However, potential disadvantages include the lack of regulatory oversight, which may raise transparency concerns for some traders, and the minimum deposit requirement, which could be seen as restrictive. Traders should weigh these pros and cons carefully to determine if MEXn aligns with their trading goals and risk tolerance.

FAQs

Q: What financial products and services does MEXn offer?

A: MEXn provides a range of financial services, including AI financial robots, self-study guides, revenue sharing from transaction fees, IB and White Label consulting, a mobile trading platform, and professional AI robots for asset management.

Q: What is the minimum deposit required to start trading with MEXn?

A: The minimum deposit required to start trading with MEXn is $100.00.

Q: What leverage options are available on MEXn?

A: MEXn offers leverage options of up to 1:400, allowing traders to amplify their positions in the market.

Q: How competitive are the spreads on MEXn?

A: Spreads on MEXn start from 1.8 pips, providing traders with cost-effective trading opportunities.

Q: How can I contact customer support at MEXn?

A: You can reach MEXn's customer support team via telephone at +852 6653 2060 or email at support@mex-n.com.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

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