Basic Information
Registered Region 
Seychelles
SeychellesOperating Period
5-10 years
Company Name
MERJ Exchange Limited
Customer Service Email Address
support@merj.exchange
Contact Number
+2484346800
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
MERJ
Seychelles
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://merj.exchange
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Seychelles 4.87Surpassed 15.40% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+248 434 68 00
support@merj.exchange
https://merj.exchange
https://www.facebook.com/merjexchange
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Website
Company Summary
Wiki Q&A
Comment
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Official website
Website
merj.exchange
143.204.73.106Server LocationICP registration--Most visited countries/areas--Domain Effective Date2018-09-14WebsiteWHOIS.NAME.COMCompanyNAME.COM, INC.
Company Summary
| MERJ Review Summary | |
| Founded | 1998 |
| Registered Country/Region | Seychelles |
| Regulation | No regulation |
| Market Instruments | Stocks, MERJ Depository Interests (MDIs), Bonds, Exchange-Traded Products (ETPs) and Alternative Debt Securities |
| Demo Account | / |
| Trading Platform | MERJ Exchange |
| Minimum Deposit | 0 |
| Customer Support | Live 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.
Pros and Cons
| Pros | Cons |
| 5 types of trading instruments | No regulation |
| No deposit fees | Limited customer channels |
| Supports more than 4 payment methods | Trading fees charged |
| Long operation time | Withdrawal fees charged |
| Live chat support |
Is MERJ Legit?
MERJ is currently unregulated. Please be aware of the risk!
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 Instruments | Supported |
| Stocks | ✔ |
| MERJ Depository Interests (MDIs) | ✔ |
| Bonds | ✔ |
| Exchange-Traded Products (ETPs) | ✔ |
| Alternative Debt Securities | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptos | ❌ |
| Options | ❌ |
| ETFs | ❌ |
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 Type | Trading Fee |
| MERJ Markets (excluding IOB) | 0.25% per transaction |
| International Order Book (IOB) | 1.00% per transaction |
| DIGTL Markets Platform | |
| Upstream Market |
Trading Platform
MERJ supports the MERJ Exchange platform. It lets both new and experienced investors manage their portfolios and place trades easily.
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.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Eziol 
1-2 years
Is MERJ regulated?
MERJ is currently unregulated, which means there are risks involved with trading on this platform. As a trader, this is a concern for me because regulated brokers offer a level of investor protection that MERJ doesn't provide. Personally, I would be cautious when trading on a platform that lacks oversight from financial authorities.
Broker Issues
Regulation
07-19
United States
Darren Ross
1-2 years
Are there fees for withdrawals?
Yes, withdrawal fees apply. For domestic bank transfers, the fee is 25 Seychellois rupees, while international transfers cost US$10, plus additional charges may apply depending on the destination. From my experience, it's important to factor in these withdrawal fees, as they can be costly, especially for international transfers.
Broker Issues
Fees and Spreads
06-13
United States
Davis Wu
1-2 years
What trading platform does MERJ provide?
MERJ provides its own platform, the MERJ Exchange. Personally, I think it's a good choice because it’s specifically tailored for the types of trading instruments available on the platform. It’s user-friendly for both new and experienced traders, but it might take some time to get used to if you’re accustomed to other platforms like MT4 or MT5.
Broker Issues
Account
Instruments
Leverage
Platform
05-23
United States
Nagarjuna
1-2 years
Which payment methods does MERJ support?
MERJ supports a variety of payment methods, including digital channels like Arbitrum, Ethereum, and Solana, as well as traditional methods like SWIFT bank transfers. I appreciate the flexibility here, as it allows users to choose the method most convenient for them. If I were making a deposit, I’d likely choose a digital currency like Ethereum for faster processing.
Broker Issues
Deposit
Withdrawal
05-04
United States
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