{"id":334151,"date":"2019-08-12T10:05:04","date_gmt":"2019-08-12T08:05:04","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=334151"},"modified":"2019-08-12T17:12:41","modified_gmt":"2019-08-12T15:12:41","slug":"mexem-online-trading-made-simple","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/334151\/mexem-online-trading-made-simple\/","title":{"rendered":"Mexem \u2013 Online trading made simple"},"content":{"rendered":"

When looking to build a strong financial portfolio for your and your family\u2019s future, it is worth considering the stock market<\/strong><\/a> as a means of diversifying your investments.<\/p>\n

Online trading is one of the most effective ways of making money, and many people make a lucrative living purely off investing in shares.<\/p>\n

One of the largest barriers of entry into the stock market is the need to manage your entire portfolio and make all trades through brokers \u2013 which can be inconvenient, and often costs a sizeable percentage of your earnings.<\/p>\n

Mexem makes online trading easy<\/h3>\n

Mexem is an online trading platform that gives you an easy way to trade your stocks quickly and simply without needing to use a broker.<\/p>\n

It functions as an introductory broker of sorts for the largest trading platform in the US \u2013 Interactive Brokers \u2013 meaning that you can rest assured that it is the right platform to do all your trading.<\/p>\n

Using Mexem also means that you don\u2019t need to consistently call a broker when you want to buy or sell shares. Instead, you can do it all yourself through their simple online trading platform.<\/p>\n

While this saves you lots of time, an even better benefit may be that Mexem can save you significant amounts of money when compared to other broker solutions.<\/p>\n

Compared to other online trading platforms in South Africa, Mexem\u2019s commission structure stands out as one that will save South Africans lots of money.<\/p>\n

The table below proves this.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Trading fees across various platforms for retail clients trading in the US market<\/strong><\/th>\n<\/tr>\n<\/thead>\n
Platform<\/strong><\/td>\nCommission per trade<\/strong><\/td>\nMinimum commission (USD)<\/strong><\/td>\n<\/tr>\n
FNB<\/td>\n0.35% of value<\/td>\n20<\/td>\n<\/tr>\n
Old Mutual<\/td>\n0.35% of value<\/td>\n20<\/td>\n<\/tr>\n
ABSA<\/td>\n0.25% of value<\/td>\n20<\/td>\n<\/tr>\n
Standard Bank<\/td>\n$6c per share<\/td>\n20<\/td>\n<\/tr>\n
Sanlam<\/td>\n$3c per share<\/td>\n20<\/td>\n<\/tr>\n
Saxo<\/td>\n$2c per share<\/td>\n15<\/td>\n<\/tr>\n
Mexem (clients with <USD 5000)<\/strong><\/td>\n$3c per share<\/strong><\/td>\n3.5<\/strong><\/td>\n<\/tr>\n
Mexem (clients with >USD 5000)<\/strong><\/td>\n$1c per share<\/strong><\/td>\n1<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Mexem also doesn\u2019t charge any management fees \u2013 again helping it to stand out against other trading platforms.<\/p>\n

When it comes to online trading, every cent you save is ultimately an increase to your investment earnings \u2013 making Mexem the obvious choice for current and prospective South African investors.<\/p>\n

Try out their impressive platform<\/strong><\/a> today and start making money.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mexem is an online trading platform that gives you an easy way to trade your stocks without needing to use a broker.<\/p>\n","protected":false},"author":57,"featured_media":334153,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[26,13878],"class_list":["post-334151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-headline","tag-mexem"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/334151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=334151"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/334151\/revisions"}],"predecessor-version":[{"id":334313,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/334151\/revisions\/334313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/334153"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=334151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=334151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=334151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}