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Merit Forex review

Merit Forex review: regulation (Villa Vanuatu Republic of Vanuatu Registration number 14787.), minimum deposit 250, leverage up to 1:400, platforms and…

Open account
Minimum deposit250
Max. leverage1:400
Spread from0.01 Pips
Founded2017

Trading conditions

Broker type
ECN/STP
Minimum deposit
250
Maximum leverage
1:400
Minimum spread
0.01 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR/CHF

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank transfer, credit card, Skrill, Neteller, Bitcoin and More
Withdrawal methods
Bank transfer, credit card, Skrill, Neteller, Bitcoin and More

Company

Regulation
Villa Vanuatu Republic of Vanuatu Registration number 14787.
Founded
2017
Country
Vanuatu
Address
Merit Financial Services LtdPO Box 1276 Port Villa Vanuatu Republic of Vanuatu
Website languages
English, Spanish, Portuguese and More
Phone
+41445051787
Email or Skype
[email protected]

Merit Forex pros and cons

Pros

  • Regulated by Villa Vanuatu Republic of Vanuatu Registration number 14787.
  • Raw spreads from 0.01 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Conditions and bonuses can differ by regulated entity

Merit Forex FAQ

Is Merit Forex a safe and regulated broker?

Merit Forex was founded in 2017 and is regulated by Villa Vanuatu Republic of Vanuatu Registration number 14787.. Client funds are held in segregated accounts. Your protection depends on which Merit Forex entity opens your account.

What is the minimum deposit at Merit Forex?

The minimum deposit at Merit Forex is 250. Payment providers may set their own minimum amount.

What is the maximum leverage at Merit Forex?

Merit Forex offers leverage up to 1:400. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Merit Forex offer a no deposit bonus?

No. Merit Forex does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Merit Forex offer?

Merit Forex supports MetaTrader 4. Mobile trading is available.

Does Merit Forex allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Merit Forex offer an Islamic (swap-free) account?

Yes. Merit Forex offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Merit Forex – NoOpen account