Our Verdict
FXFlat has a higher rating of 4.2/5 compared to MEXEM (4/5). The minimum deposit is lower at MEXEM with 0 €. FXFlat is BaFin-regulated, while MEXEM is supervised by AFM. FXFlat has been in the market since 1997, making it the more experienced provider.
Comparison Table
| Criteria | FXFlat | MEXEM |
|---|---|---|
| Rating | 4.2/5 (550 reviews)✓ | 4/5 (350 reviews) |
| Regulation | BaFin | AFM |
| Fees | from 0.8 pips Forex, CFDs from €0.01 commission, options from €2 per contract | from €1.25 per stock, options from €1.50 per contract |
| Min. Deposit | 200 € | 0 € |
| Instruments | CFDs, Forex, Options, Futures, Stocks, ETFs | Stocks, Options, Futures, ETFs, Bonds, Forex |
| Platforms | MT4, MT5, TWS, FXFlat Web | TWS, MEXEM Web, MEXEM App |
| Options Trading | Yes, real options via IB | Yes, via IB infrastructure |
| Founded | 1997 | 2013 |
| Headquarters | Ratingen | Amsterdam |
Detailed Comparison
Fee Comparison
FXFlat: from 0.8 pips Forex, CFDs from €0.01 commission, options from €2 per contract. Minimum deposit: 200 €.
MEXEM: from €1.25 per stock, options from €1.50 per contract. Minimum deposit: 0 €.
Product Range
FXFlat (6 categories)
MEXEM (6 categories)
Trading Platforms
FXFlat
- MT4
- MT5
- TWS
- FXFlat Web
MEXEM
- TWS
- MEXEM Web
- MEXEM App
Regulation & Security
FXFlat is regulated by BaFin (HQ: Ratingen).
MEXEM is regulated by AFM (HQ: Amsterdam).
Who Is It For?
FXFlat
German multi-asset broker with BaFin license and IB connection
✓ BaFin-regulated with German banking license
✓ Real options and futures via IB
✓ Wide selection of platforms (MT4/MT5/TWS)
✗ Fees partly higher than IB direct
✗ Website and platform could be more modern
MEXEM
European introducing broker with Interactive Brokers infrastructure
✓ Interactive Brokers technology and liquidity
✓ Access to over 150 markets worldwide
✓ Real options and futures available
✗ Platform (TWS) complex for beginners
✗ Higher fees than IB direct
Frequently Asked Questions
Is FXFlat or MEXEM cheaper?
Which broker offers more products: FXFlat or MEXEM?
Which broker is better regulated?
Is FXFlat or MEXEM better for beginners?
FXFlat vs MEXEM: Which broker is better overall?
FXFlat
German multi-asset broker with BaFin license and IB connection
Open Account →From 200 € min. deposit
MEXEM
European introducing broker with Interactive Brokers infrastructure
Open Account →From 0 € min. deposit