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Menne Market -

Score

1.45 /10
Danger

Menne Market

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.mennemarkets.com

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.53

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Menne Market

Company Abbreviation

Menne Market

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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Menne Market · Company summary

Note: Menne Market's official website - https://www.mennemarkets.com is currently inaccessible normally.

Menne Market Review Summary
Founded/
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market Instruments300+, currency pairs, stocks, commodities (gold & silver), and cryptocurrencies
Demo Account/
LeverageUp to 1:100
EUR/GBP SpreadFloating around 0.7 pips
Trading PlatformMT5
Min Deposit$200
Customer SupportTel: +44 7782827706
Email: support@mennemarket.com

Menne Market is a broker registered in Marshall Islands. It uses MT5 as trading platform, on which customers can trade currency pairs, stocks, commodities, and cryptocurrencies. The minimum deposit is $200, and the leverage can be up to 1:100. However, this company is not regulated, and potential risks cannot be ignored.

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Tight EUR/GBP spreadLack of regulation
MT5 supportedLimited payment options
High minimum deposit

Is Menne Market Legit?

No, Menne Market is not regulated by the financial services regulatory authority in Mashall Islands, which means that the company lacks regulation from its registration site. Please note the potential risks!

No license
No results from the FCA

What Can I Trade on Menne Market?

Menne Market offers several types of products, including currency pairs, stocks, commodities, and crypto currencies.

Tradable Instruments Supported
Currency Pairs✔
Stocks✔
Commodities✔
Crypto Currencies✔
Indices❌
Bonds❌
Options❌
ETFs❌

Leverage

The maximum leverage offered by Menne Markets is up to 1:100, a little conservative. Since leverage can magnify returns as well as potential risks, inexperienced traders should take extra care when using it.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, mobileExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

Menne Market supports several types of payment options, including bank transfer, Bitcoin, Ethereum, and Tether.

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Mrs.T
more than one year
All this fraudulent company Menne Market has done is to scam money. Now that they have succeeded in scamming the money, they have closed the website and fled, and there is nothing we victims can do ......
All this fraudulent company Menne Market has done is to scam money. Now that they have succeeded in scamming the money, they have closed the website and fled, and there is nothing we victims can do ......
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2023-03-06 16:11
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