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lower costs for professionals
smart routing for execution advantages
simple to use trading platforms
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glbal offering 126 markets, 31 countries
regulation & safety
reports & analysis
Choose the type of account that suit on you
Which kind of Trader are you?
Mexem Lite offers the less active trader a simplified trading experience with unlimited, commission-free trading on US exchange-listed stocks and ETFs, low cost access to global markets and no account minimums or inactivity fees
Mexem Pro offers the active trader the lowest costs6, access to more than 125 markets in 31 countries and a full suite of premier trading technology.
Frequently Asked Questions About Mexem Lite
What is Mexem Lite
In brief, Mexem Lite is a Mexem pricing plan that provides unlimited, commission-free trading in US listed stock and ETFs, low cost access to global markets, a simplified trading experience via Client Portal and Mexem Mobile, no account minimums and no inactivity fees.
Do I need to maintain an account minimum balance with an Mexem Lite account?
There is no account minimum for either Mexem Lite or Mexem Pro accounts.
What is Mexem Pro?
In brief, Mexem Pro is the legacy Mexem pricing plan designed for the active trader and sophisticated investor.
The Mexem Pro plan provides lowest cost access to global markets, access to Mexem SmartRoutingSM and a full suite of premier trading technology.1
Can I reclassify my Mexem Lite account to Mexem Pro (and vice versa)?
Any Individual, Joint, Trust or Retirement account holder classified as Mexem Lite can request reclassification to Mexem Pro (or back to Mexem Lite) through Client Portal. Your first three requests for reclassification will be processed on the Friday following your request. After three reclassifications, subsequent reclassifications will be processed on a quarterly basis.
Which account types are eligible for Mexem Lite?
Individual, Joint, Trust and Retirement accounts are eligible for Mexem Lite. Accounts can choose cash or margin trading.
As a Mexem Lite client, do I have access to order types and trading algorithms?
A limited number of order types and trading algorithms will be offered to clients on the Mexem Lite pricing plan. For more information please see: ibkr.com/liteinfo
Mexem Pro clients will have access to our full complement of order types and trading algorithms.
Where is Mexem Lite offered?
Mexem Lite will be offered to Individual, Joint, Trust or Retirement account holders:
- In the United States
- In India
Will Mexem Lite be subject to any fees on US Exchange-Listed Stock or ETF trades?
All sell orders are subject to small fees to offset the transactions fees imposed on the firm by regulators. For more information visit ibkr.com/commissions
Is there an inactivity fee for the Mexem Lite account?
The Mexem Lite pricing plan does not charge inactivity fees.
Are Professional market data users eligible for IBKR Lite?
Yes. The designation as a Professional or Non-Professional for market data purposes is based upon exchange definitions and has no bearing on the Mexem Lite pricing plan.
An individual classified as a Professional for market data purposes is not precluded from maintaining an Mexem Lite account. Similarly, an individual classified as a Non-Professional for market data purposes is not precluded from maintaining an Mexem Pro account.