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0 1 2 3 4 5 6 7 8 9
/10

MERJ

Seychelles Seychelles | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://merj.exchange

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Seychelles Seychelles 4.87
Surpassed 15.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+248 434 68 00
https://merj.exchange

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Seychelles
Operating Period
5-10 years
Company Name
MERJ Exchange Limited
Email
support@merj.exchange
Contact Number
+2484346800
Company Website
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • merj.exchange
    143.204.73.106
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2018-09-14
    Website Name
    WHOIS.NAME.COM
    Company
    NAME.COM, INC.

Company Profile

Company Profile

Review summary

MERJ Review Summary
Founded1998
Registered Country/RegionSeychelles
RegulationNo regulation
Market InstrumentsStocks, MERJ Depository Interests (MDIs), Bonds, Exchange-Traded Products (ETPs) and Alternative Debt Securities
Demo Account/
Trading PlatformMERJ Exchange
Minimum Deposit0
Customer SupportLive chat, contact form

MERJ Information

MERJ is an exchange based in Seychelles, established in 1998. The platform supports five types of trading instruments, including stocks, MERJ Depository Interests, bonds, ETPs, and alternative debt securities. It offers multiple payment methods and free deposits, but its drawbacks include lack of regulation and limited customer support.

MERJ Information

Pros and Cons

ProsCons
5 types of trading instrumentsNo regulation
No deposit feesLimited customer channels
Supports more than 4 payment methodsTrading fees charged
Long operation timeWithdrawal fees charged
Live chat support

Is MERJ Legit?

MERJ is currently unregulated. Please be aware of the risk!

license
domain

What Can I Trade on MERJ?

MERJ offers five types of trading products: Stocks (common and preferred shares), MERJ Depository Interests (MDIs), Bonds (corporate and public sector bonds), Exchange-Traded Products (physically-backed/collateralized ETPs, ETNs, and ETCs), and Alternative Debt Securities (yield instruments and asset-backed securities).

Tradable InstrumentsSupported
Stocks
MERJ Depository Interests (MDIs)
Bonds
Exchange-Traded Products (ETPs)
Alternative Debt Securities
Forex
Commodities
Indices
Cryptos
Options
ETFs
MERJ products

MERJ Fees

MERJ charges fixed trading fees based on the type of market and trading platform. Fees are calculated as a percentage of the total transaction value (trade price × quantity), applied to both buy and sell orders, and deducted automatically at the time of execution.

Market TypeTrading Fee
MERJ Markets (excluding IOB)0.25% per transaction
International Order Book (IOB)1.00% per transaction
DIGTL Markets Platform
Upstream Market
MERJ Fees

Trading Platform

MERJ supports the MERJ Exchange platform. It lets both new and experienced investors manage their portfolios and place trades easily.

Trading Platform

Deposit and Withdrawal

MERJ Exchange does not charge any fees for deposits. Supported deposit methods include digital channels such as Arbitrum, Ethereum, and Solana (some bridged through Circle), as well as traditional methods like bank wire transfers via SWIFT.

Withdrawal fees depend on the method used. Domestic bank transfers incur a fee of 25 Seychellois rupees. For international transfers, the fee is US$10, but additional charges may apply if the recipient account is not in USD. In addition, MERJs own bank typically charges around US$16 per international transfer, and intermediary bank fees may also apply depending on the destination.

Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with MERJ?

Trading with MERJ Exchange Limited presents a high-risk proposition as an unregulated entity. The broker holds no valid forex trading licenses from recognized financial regulators and operates from Seychelles without mainstream oversight. This is reflected in its very low overall score, indicating a fundamental absence of the regulatory protections and safeguards for client funds typical of licensed brokers.

04-02
United States

What licenses does MERJ hold?

MERJ Exchange Limited does not hold any verifiable forex trading licenses from mainstream financial regulatory authorities such as the FCA, ASIC, or CySEC. The broker operates without the oversight typically associated with credible market access providers. This absence of formal licensing is a critical consideration for traders evaluating the platform's legitimacy and the security of their investments.

04-02
United States

When was MERJ established?

MERJ Exchange Limited has been operational for 5 to 10 years, having established its presence in the offshore jurisdiction of Seychelles. This period of operation places it in a category of entities with some market history but without the regulatory pedigree of more established, licensed brokers.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

Three days ago

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Three days ago

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

Three days ago
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