Company profile
Note: Menne Market's official website - https://www.mennemarkets.com is currently inaccessible normally.Menne Market Review SummaryFounded/Registered Country/RegionMarshall IslandsRegulationNo regulationMarket Instruments300+, currency pairs, stocks, commodities (gold & silver), and cryptocurrenciesDemo Account/LeverageUp to 1:100EUR/GBP SpreadFloating around 0.7 pipsTrading PlatformMT5Min Deposit$200Customer SupportTel: +44 7782827706Email: 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 ConsPros Cons Diverse tradable assetsInaccessible websiteTight EUR/GBP spreadLack of regulationMT5 supportedLimited payment optionsHigh minimum depositIs 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!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 PlatformTrading PlatformSupported Available Devices Suitable forMT5✔Desktop, mobileExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Menne Market supports several types of payment options, including bank transfer, Bitcoin, Ethereum, and Tether.
Is Menne Market safe or scam
Nico Nava
Argentina
It is not easy to find information about this broker, which suggests its lack of legitimacy. After all, why would they not provide more information about their services? Also, their website does not work at the moment. One more point of alert.
Exposure
2021-12-16