How are foreign currency transactions handled at Mexem?
While opening the account. you may choose the base currency for your account, All values in the account will be displayed in that currency and all commissions for currency conversion will be taken from that currency cash.
Apart from that, currencies are always displayed as individual rows, meaning you can see a cash balance for each currency you hold in your account.
What are the currency conversion rates at Mexem?
Mexem does not take any spread on your currency conversion, meaning that the price that you see in our systems is the spot price without any hidden fees.