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MERJ -

Score

2.02 /10
Danger

MERJ

Seychelles

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://merj.exchange

Influence

C

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index4.25

Business Index7.11

Risk Management Index2.73

Software Index4.59

License Index2.69

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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

MERJ Exchange Limited

Company Abbreviation

MERJ

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-09-01
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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MERJ · Company 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

User Reviews

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User comment

3

Comments

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Brester
more than one year
I find this platform quite good. It offers a lot of customization and options, far better than my previous broker. However, the lack of volume indicators on the charts is a drawback. Despite having "institutional-grade trading tools" on their website, there's not even a basic volume bar. I've never worked in an institution, but I'm pretty sure they need quantity information for daily activities. I have to use another broker on different monitors to check volume information.
I find this platform quite good. It offers a lot of customization and options, far better than my previous broker. However, the lack of volume indicators on the charts is a drawback. Despite having "institutional-grade trading tools" on their website, there's not even a basic volume bar. I've never worked in an institution, but I'm pretty sure they need quantity information for daily activities. I have to use another broker on different monitors to check volume information.
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2024-02-02 14:26
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FX1258668766
more than one year
A truly professional experience! I started working with MERJ in 2022 and tried quite a few with mixed results. MERJ has been a breath of fresh air. The service, speed, communication and overall experience have been truly world-class. Thank you!
A truly professional experience! I started working with MERJ in 2022 and tried quite a few with mixed results. MERJ has been a breath of fresh air. The service, speed, communication and overall experience have been truly world-class. Thank you!
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2023-02-23 11:21
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