MeritForex review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared MeritForex with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from MeritForex review

About the broker

Web:meritforex.com
Readers' rating0 Votes
0
License:VFSC
Supported languages:English
Holder: Merid Financial Services Ltd.
Headquarters:PO Box 1276 Port Villa Vanuatu, Vanuatu
Methods of contacting customer support:E-mail, online chat
Contact:[email protected], +44 7449 464194
Deposit methods:Bank transfer, VISA, MasterCard, Neteller, Skrill
Withdrawal methods:Bank transfer, VISA, MasterCard, Neteller, Ripple, Skrill, Maestro

About trading with MeritForex

Minimum deposit:250 USD
Min. trade:0.01
Spreads:Variable
Underlying assets:
Might be a CFD.
Forex (6), indexes (5)
Account currencies: USD
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:MetaTrader 5, WebTrader
Social trading:No

Random reviews of competing CFD brokers: Arotrade, LotsFX, OlympusMarkets and Liquid

The broker has not yet been rated by the visitors of the website. Write a review.

Frequently Asked Questions

🧐 Is MeritForex a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if MeritForex is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with MeritForex is very simple, just register on their website.

📱 Does MeritForex offer the best mobile app for trading?

MeritForex offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the MeritForex mobile app.

⚖️ Would you recommend me MeritForex?

MeritForex is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose MeritForex as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating5 Votes
81
100 EUR 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
MT4, MT5, MT Supreme EditionFCAASIC CySecadmirals.comreviewEUR/USD*: 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
Readers' rating100 Votes
79
100 USD 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.
In-house built platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.
Readers' rating46 Votes
75
200 USD 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview EUR/USD*: 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by IQ Option - 84% of retail CFD accounts lose money - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with MeritForex, please share it in the comments to help others to choose the suitable broker.

MeritForex review & user ratings

Forum, opinions and user reviews

  1. Lanna says:

    This broker is a scammmer !!!!!
    They start by telling me they would teach me everything is good until theres a mentor calling me everyweek started pressuring me to put a bigger amount wich i did since hes saying hes the best blablabla. So i lost everything cause i didn’t want to put more i cant even withdraw 1 dollar they wouldnt let me. This broker is a scam be aware theyre regulation office too.

    Be aware people

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Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
Spread and fees
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
Customer support speed, availability, availability in the language you speak
Total score

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