Score

1.44 /10
Danger

Menne Market

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.48

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 : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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Menne Market · Company summary

General Information & Regulation

Menne Markets is an offshore broker registered in the Marshall Islands, offering over 300 trading instruments through advanced MT4 & MT5 trading platform.

Market Instruments

Menne Markets advertises that it offers more than 300 rich trading products, including currency pairs, stocks, commodities (gold & silver), as well as crypto currencies.

Minimum Deposit

The minimum deposit required by Menne Markets is up to $3000.

Menne Markets 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.

Micro Trade Size

The minimum transaction number allowed by Menne Markets is 0.01 lot, which sounds friendly to beginners.

Spreads & Commissions

Menne Markets only mentions that it offers competitive trading spreads, but does not specify detailed spreads conditions on particular instruments.

Trading Platform Available

Menne Markets provides traders with MT5 desktop and MT5 Mobile. Using Menne Markets MT5 you can trade more than 90 foreign exchange and contract products directly on the trading platform and it also supports intelligent transaction system (EA) program.

Deposit & Withdrawal

When it comes to payment methods available, traders can transfer funds through banks and cryptocurrencies. Deposit and withdrawal via digital money is very dangers, which means if you are scammed by an illegal broker, you can never take your money back. But if you fund your account through Credit Card, you can have a 540-day chargeback to protect your money to some degree.

Customer Support

The Menne Markets website is multilingual, and its customer support can be reached through email: support@mennemarket.com, as well as 7*24 online chat. Unfortunately, there is no telephone number available for direct call.

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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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