All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.54
Rand / Euro = 19.70
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

MEX Exchange Demo Account

MEX Exchange - Demo Account ZAR
 

MEX Exchange offers a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

MEX Exchange at a Glance

 

🔎 Broker's NameMEX Exchange
📍 HeadquarteredSydney, Australia
📅 Year Founded2012
⚖️ Regulating AuthoritiesASIC
🌐 Countries not accepted for tradeUnited Stated
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$0
💳 Deposit OptionsVisa, Mastercard, Skrill, Neteller, BankWire, China UnionPay
💳 Withdrawal OptionsvVisa, Mastercard, Skrill, Neteller, BankWire, China UnionPay
💻 Platform TypesMT4
📱 OS CompatibilityPC, web, smartphones
📈 Tradable assets offered(CFD), Forex, and Metals
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours24/5
👉 Open a account👉 Open Account

 

Min Deposit

USD 0

Regulators

ASIC

Trading Platform

MT4

Crypto

Yes

Total Pairs

36+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our MEX Exchange Demo Account below.

 

Our MEX Exchange  Demo account- 7 key points quick overview:

 

  1. ✔️MEX Exchange at a Glance
  2. ✔️Our MEX Exchange  Demo account- 7 key points quick overview:
  3. ✔️How to set up a MEX Exchange  Demo Account – Step by Step
  4. MEX Exchange Demo Account Features
  5. MEX Exchange Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

Here is an overview of the MEX Exchange Demo Account as well as the features that are offered.

 

How to set up a MEX Exchange  Demo Account – Step by Step

 

Traders can open a free demo account from MEX Exchange by taking the following simple steps:

 

 

🔴Step 1 – Select the try demo option.

 

Navigate to the demo account registration portal by clicking the link on the broker’s homepage

 

How to set up a MEX Exchange  Demo Account – Step by Step step 13

 

🔴Step 2 – Fill out the form.

Fill out the online registration form with your personal details. This will include your full name, email address, contact number, and country of residence.

 

How to set up a MEX Exchange  Demo Account – Step by Step step 2

 

🔴Step 3 – Select a trading platform

  • Select the live account type for which you would like to create a demo version. Traders can choose between the Standard, Pro, and ECN Accounts.

 

🔴Step 4 – Create a password

Select your preferred base currency (you can choose between AUD, EUR, GBP, or USD)

Click ‘register’ to submit your application.

 

🔴Step 6 – Click “Save and Next”

Click “Save and Next” to process the second step, which is to download and install the trading platform.

If you would like a Non-Expiring Demo Account, simply open, and fund a Live Account and request your Non-Expiring Demo.

 

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

 

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.

 

If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

MEX Exchange Demo Account Features

 

MEX Exchange Demo Account

 

📍 The demo account from MEX Exchange is funded with virtual currency, allowing you to test out the trading features of the broker’s software technology in a risk-free environment. The demo account will allow you to also test the following trading conditions:

➡️ Multiple documented APIs

➡️ Liquidity provider service available

➡️ Full use of all Expert Advisors to automate your trading

➡️ Instant sub-second trade capture/execution

➡️ Pure ECN

➡️ Competitive dealing and the tightest spreads

 

Min Deposit

USD 0

Regulators

ASIC

Trading Platform

MT4

Crypto

Yes

Total Pairs

36+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

MEX Exchange  Customer Reviews – TrustPilot

 

Tyson and the Team at MEX have been…

Tyson and the Team at MEX have been very helpful in setting up my forex account and trading platform. They delivered excellent customer service and were very helpful.

ATC Brokers Trust Pilot

Tyson has been excellent in providing…

Tyson has been excellent in providing informative, personable, and useful assistance in regard to our company’s requirements. We look forward to working closely with Tyson and Mex.

ATC Brokers Trust Pilot

Professional Broker

from the beginning they had answered all my doubts very cordially and professionally!
Thanks!

ATC Brokers Trust Pilot

MEX Exchange Pros and Cons

 

✔️ Pros❌ Cons
Comprehensive demo account
Easy demo account sign-up process

 

Conclusion

 

MEX Exchange Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

You might also like: MEX Exchange Review

You might also like: MEX Exchange Account Types Overview

You might also like: MEX Exchange Fees and Spreads

You might also like: MEX Exchange Minimum Deposit

You might also like: MEX Exchange Sign-up Bonus

 

Frequently Asked Questions

 

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does MEX Exchange offer a demo account?

Yes, MEX Exchange offers a free demo account to all new traders.

 

For how long is the demo account valid?

The broker does not indicate for how long the demo account is valid.  Typically demo accounts expire after 30 days. If you would like a Non-Expiring Demo Account, simply open, and fund a Live Account and request your Non-Expiring Demo.

 

Which live trading accounts does LMAX Exchange offer?

The broker offers two live trading accounts, which consist of the Classic Account and the ECN Account.

 

What are the available deposit currencies for a live trading account?

Traders with MEX Exchange can deposit in AUD, EUR, GBP, or USD. This is a fairly limited selection, and traders depositing in smaller currencies, such as ZAR/Rand, will likely incur conversion fees.

 

4.5/5 - (20 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0