WikiFX Review: Is XAU Merlion trustworthy?

WikiFX | 2024-08-12 09:50

Abstract：XAU Merlion has headquarters in Cambodia, Phnom Penh, and is an online forex broker offering a series of financial instruments to its clients. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.

XAU Merlion has headquarters in Cambodia, Phnom Penh, and is an online forex broker offering a series of financial instruments to its clients. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.

About XAU Merlion

XAU Merlion has its headquarters in Phnom Penh, Cambodia. XAU Merlion, also called XAU Merlion Financial, claims to provide clients with an enriching and versatile forex trading experience. The physical address of this broker is Diamond Twin Tower, 22nd Floor Building Sopheak Mongkol Rd, Koh Pich, Phnom Penh, Cambodia. WikiFX has given this broker a low rating. But why？

Website lacking information

The website of this broker looks well-designed. However, there is a lot of information missing on its website, such as leverage ratio, account types, and so on.

Regulation: Is XAU Merlion legit？

According to XAU Merlions website, this broker is regulated by the Securities and Exchange Commission of Cambodia (SECC). SECC regulates the securities industry in Cambodia to contribute to socio-economic development through capital mobilization from public/ securities investors to meet the demand for financing for investors.

(source: XAU Merlion)

However, according to WikiFX, this broker is not a regulated broker. The current status of SERC with license number 15 is “Exceeded”. Please be aware of the potential risk.

Trading Platform

This broker uses MT4 as its main trading platform. The MT4 is currently the most popular forex trading platform along with the MT5 on the market. With a user-friendly interface, powerful charting tools, and a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets.

Conclusion

WikiFX does not advise traders to invest in an unregulated broker with a low WikiFX score as this type of broker is very likely to take your money away fraudulently. XAU Merlion does not offer us enough information to prove its reliability. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link below (https://www.wikifx.com/en/download.html).

Questions

What is the WikiFX score of XAU Merlion？
WikiFX rates brokers based on five dimensions in this article: license, regulation, business, Risk Control, and software. Do you know what score WikiFX gave XAU Merlion regarding Risk Control？

Additional

Please scan the QR code to join our group, which has a lucky draw every day, participate in the group and have a chance to win a cash prize of $10!

Forex Broker

Related broker

Regulated

XAUMERLION

Company name：XAU Merlion Financial

Score

5.15

Website：https://xaumerlion.com.kh

2-5 years | Regulated in Cambodia | Derivatives Trading License (EP) | Suspicious biz area

Score

5.15

NaFa Markets User Reputation: A Deep Look into Complaints and Scam Claims

Let's answer the important question right away: Is NaFa Markets safe or a scam? After carefully studying all available evidence, NaFa Markets shows all the typical signs of a fake financial company. We strongly recommend not putting any money with this company. You should avoid it completely. Read on for more revelation about the broker.

Original 2026-01-23 20:58

Core Prime Exposure: Traders Report Illegitimate Account Blocks & Manipulated Trade Executions

Was your Core Prime forex trading account disabled after generating profits through a scalping EA on its trading platform? Have you witnessed losses due to manipulated trades by the broker? Does the broker’s customer support team fail to clear your pending withdrawal queries? Traders label the forex broker as an expert in deceiving its clients. In this Core Prime review article, we have investigated some complaints against the Saint Lucia-based forex broker. Read on!

Original 2026-01-23 20:24

NaFa Markets Regulation: A Deep Dive Investigation Exposing a Major Scam

WARNING: Do not put any money into NaFa Markets. Our research shows it has all the signs of a clever financial scam. This platform lies about its legal status and uses tricks that are the same as fake investment schemes designed to steal your funds. When people search for information about NaFa Markets regulation, they need to know the truth: it is fake and made up.

Original 2026-01-22 22:30

Is NaFa Markets Legit? A Complete Investigation

Our research into NaFa Markets gives us a clear and urgent answer. For anyone asking, "Is NaFa Markets legit?", the answer is definitely no. This platform shows all the typical signs of a fake operation created to steal funds from people who don't know better. We strongly recommend that all traders stay completely away from this platform.

Original 2026-01-22 22:05