Opinions and information about the Merit Forex broker
¿It is the truly reliable Merit Forex broker (aka meritforex.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The Merit Forex broker is a broker of: CFDs and Forex.
The broker mentions to be part of: Merit Financial Services Ltd, although when looking for this company in Vanuatu, they mention that the company currently bears the name of JNE CAPITAL GROUP LTD
Merit Forex is based on: They mention being based in Vanuatu.
If we talk about regulation, Merit Forex is: they mention being regulated by the VFSC (Vanuatu regulator) although in our opinion it is not a good regulation.
We will continue to analyze the different account types that Merit Forex offers. In the case of Merit Forex we noticed that they offer 4 different types of account: the Standart Account, the Gold Account, the VIP Account and the EA Robot Account.
Standart Account- $ 250 minimum initial deposit, up to 1: 400 leverage, live streaming, personal mentor.
Gold Account- Minimum initial deposit of $ 1.000, leverage up to 1: 200, live streaming, personal mentor, copy trading, one billion signals.
VIP account- Minimum initial deposit of $ 10.000, leverage up to 1: 100, live straming, personal mentor, copy trading, one billion signals, live educational session.
EA Robot Account: live streaming.
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The platforms used to trade are: the MT4 and MT5 platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: explanation of the products that Merit Forex offers, explanation of basic concepts of the world of trading, financial news, frequently asked questions section, glossary, really not much else.
Merit Forex Features
Additional information about the company
Phone number: unmentioned
Clarification: The investment company Merit Forex works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
Merit Forex valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why? It is a broker with not very serious regulation, it is based in unsafe countries (Vanuatu), CNMV the Spanish financial regulator has already warned about Merit Forex.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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