MEX Exchange Journal
|Journal status: |
MEX Exchange |
- Full listing profile: MEX Exchange broker profile
Is MEX Exchange safe?
- Investor protection: no
- Regulation: ASIC Australia
- Registration: ASIC Australia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is MEX Exchange trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- MEX Exchange website: highly detailed, updated
- MEX Exchange popularity (by visitor count): low visits
How MEX Exchange works
2. GENERAL INFORMATION
We will deal with you as principal and not as agent on your behalf. This means that any trades are agreed directly between you and us and we will be the counterparty to all of your trades.
9.11.1 SCALPING POLICY
In order to ensure the stability of the MEX Exchange platforms and Products, “Scalping” strategies are not permitted on our platform.
9.11.2 EA POLICY
In order to ensure the stability of the MEX Exchange platforms and Products, “Expert Adviser” (EA) strategies are not permitted on our platform unless in accordance to clause 9.11.3.
1.12.5 All trades will be closed at the MEX (Australia) price;
1.15 Idle Prices: We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. On rare occasions the aggregated price feed which we provide to clients can become “idle”. We reserve the right to reverse market or instant orders are executed where idle prices have been struck.
1.16 Misquotes: We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid prices feeds reaching clients through utilising a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers), there are rare occasions where the prices can become “skewed”. In such rare instances if orders are filled at these prices, we reserve the right to reverse orders where misquoted prices have been struck.
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