WORLD'S LEADING ONLINE FINANCIAL DERIVATIVES BROKER

TRADING CONDITIONS

Enjoy the best trading conditions in the industry for products including forex, metals, shares, indices, commodities, and more!

ACCOUNT BASE CURRENCIES

USD, SGD

Minimum deposit amount is $50

MEX Global Markets platforms operate standard interbank forex market trading hours opening at 00:05 on Monday and closing at 23:55 on Friday. The time zone will be GMT+2 from November and March and then GMT+3 during Daylight Savings. Daylight Saving Time begins the second Sunday in March and ends on the first Sunday in November.

Trading Conditions Updates

Effective July 26, 2024, all existing and new positions on Silver Futures (SIxx) will be automatically closed. For Gold Futures (GCXX), the current contract expires on July 25, 2024. Any existing open positions that remain unclosed will be automatically closed, and no new contract will be offered.
Important update on margin requirements for all shares and cryptocurrencies, effective from Monday, June 3, 2024.
Cash Indices 3-day swap free promotion ends this Friday, 5/31/2024.
Effective May 14, 2024, GameStop Shares ( GME ) and AMC Stocks ( AMC) are set on close only mode until further notice.
*Please note that Crypto trading will be unavailable at 13:00 server time every Saturday for approximately 1 hour due to weekend maintenance period.
Please note that the company may reduce leverage on stock instruments to 1:1 without prior notice if trading behavior is deemed abusive, especially around earnings or major corporate events. This is to protect clients and the company during periods of high volatility.
Please be informed that due to the Good Friday holiday tomorrow, weekend leverage adjustments for Precious Metals and Oil will be applied tonight.

MARGIN requirements

Margin trading can be a useful method to boost your equity, enabling you to make profits without having to increase your deposits. Margin trading also comes at a risk of you sustaining losses in excess of your deposited funds. Please refer to specific risk warning for each regulated entity during the account opening process.

Forex

One standard lot = 100,000 units of the base currency

Initial leverage rate of 1:20 and if you qualify as an Accredited Investor, the initial leverage of 1:50

Margin per lot = 5,000 units of the base currency
Margin for 1 lot of USDJPY = $5,000
Margin for 1 lot of EURUSD= €5,000
The currency pair is automatically converted from the base currency to the quote currency at the exchange rate at the exact time when the transaction is recognized.

STOP-OUT LEVEL

MEX Global Markets trading platforms are set to automatically close open positions when the stop-out level is reached. For all accounts, when the equity in the trading account falls below 50% of the required margin, the stop-out level will be reached. MEX Global Markets will automatically close open positions at ‘Market price’, releasing in the order of highest to lowest floating loss until the margin level is reached.

When the market is experiencing swift fluctuations, there is no guarantee about the order of stop out. Adjustments may be made by MEX Global Markets according to instant market situation, clients are responsible for risks that may arise thereof. MEX Global Markets reserves the right of final explanation concerning the order of stop out.

*In addition, whenever the account is fully hedged with negative equity, please deposit funds to avoid liquidation of your account as any new action with negative equity will result in closure of all existing trades.

Scalping Trading Policy

To maintain platform stability and pricing integrity, scalping activity is monitored across all account types.
Scalping is defined as trading activity in which positions are opened and closed within 120 seconds, and such activity represents more than 70% of the client’s total trading activity.
Existing scalping rules apply exclusively to ECN accounts.
Pro and Standard accounts are not subject to scalping restrictions; however, if scalping activity requires hedging, execution conditions may differ.
The Company reserves the right to review accounts demonstrating excessive scalping activity and take appropriate action in accordance with the Terms and Conditions.

PENDING ORDERS

Clients shall calculate the account equity when reaching the pending order price, to maintain required real-time margin for the execution of pending orders. While pending orders would be automatically cancelled if the margin level is not enough for the execution of the transaction when the price level has been reached.

HEDGED POSITIONS

Hedging positions (trading long and short on the same instrument) is enabled on MEX Global Markets trading platforms. Customers can choose whether to execute a hedged position which reduces the margin requirements.

Holding a hedged position does not lock in the profit/loss or guarantee the equity in the account. Hedged positions will continue to be subject to swap rates.

Open positions on hedged accounts may be closed in the event of spread widening due to thin liquidity and/or when the equity of the account reaches the stop out level.

ORDER EXECUTION

Quotes by MEX Global Markets fluctuate with market conditions.
In the case of special market conditions (e.g. data, news, market opening and closing hours), there may be a gap or widening spreads in the international market. On this occasion, the trading server does not guarantee the executing price. Orders would be executed in accordance with trading conditions or spreads at the time.
For positions open during weekends or holidays: after market closure on weekends or holidays, if the exchange rate fluctuates significantly and leaves a gap before the reopening of the market due to news, events or other factors, your orders may not be able to be executed at the pre-set stop loss price. On this occasion, orders would be executed at real-time market price, or stop-out may be executed when margin level is not maintained. In consideration of possible gaps, you need to decide whether to close your position or wait until the market opens again before the market closure.
If any disputes shall arise regarding order execution, please feel free to contact our 24-hour online customer service or call our 24-hour hotline, our customer service staff will assist you. If you are not satisfied with the result, you may file a formal complain and email us [email protected] with your account number, order number, result, and your opinion and our compliance department will review it. If you hold an open position, please close the position and appeal based on your trading intention. If the order is retained out of your will, you shall take full responsibility for profit and loss caused due to fluctuations in the market during the complaint period. MEX Global Markets reserves the right of final explanation of this statement.
If your account has not been trading for three consecutive months, it will be archived as inactive. For inactive accounts, MEX Global Markets may charge a monthly maintenance fee of $60 each month.