MERJ Forex Broker

MERJ Review SummaryFounded1998Registered Country/RegionSeychellesRegulationNo regulationMarket InstrumentsStocks, MERJ Depository Interests (MDIs), Bonds, Exchange-Traded Products (ETPs) and Alternative Debt SecuritiesDemo Account/Trading PlatformMERJ ExchangeMinimum Deposit0Customer SupportLive chat, contact formMERJ 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 ConsProsCons5 types of trading instrumentsNo regulationNo deposit feesLimited customer channelsSupports more than 4 payment methodsTrading fees chargedLong operation timeWithdrawal fees chargedLive chat supportIs 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 InstrumentsSupportedStocks✔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 TypeTrading FeeMERJ Markets (excluding IOB)0.25% per transactionInternational Order Book (IOB)1.00% per transactionDIGTL Markets PlatformUpstream MarketTrading 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.