GUEST COLUMN

Online trading platform Mexem functions as an introductory broker to South African investors for Interactive Brokers, the largest trading platform in the US. Together, Mexem and Interactive Brokers provide South African investors with access to more than 120 markets worldwide.

Providing clients with the ability to trade quickly and simply without requiring an intermediary, Mexem significantly differentiates itself via its extremely low commission structure. Clients are only charged a trading cost, paying no management fee or any other hidden fees. Introduced to the South African market in 2017, Mexem has capitalised on the gap in the market created by high fees. The platform has already attracted hundreds of clients locally with its unique minimum of US$1 per trade offering and is also rapidly growing its footprint across the African continent. Investors are able to access Mexem's online trading platform from any mobile device.

"Ultimately our goal is to create value for clients so that they can rather invest their capital as opposed to paying high fees," says Itai Llptz, CEO at Mexem. "It is possible to make money via online trading. Traditionally the challenge in South Africa has been the high costs associated with conducting trades through brokers which is both inconvenient and expensive. Using Mexem you don't have to work through a broker and can instead do it all yourself using our online trading platform. It's efficient and significantly more cost-effective than almost any other online trading platform."