Company Summary
| FXMeridian Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Bulgaria |
| Regulation | VFSC (Suspicious Clone) |
| Market Instruments | Forex, Stocks, Commodities, Indices |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Social Trading | ✅ |
| Minimum Deposit | $500 |
| Customer Support | 24/5 support, live chat |
| Email: support@fxmeridian.com | |
FXMeridian Information
FXMeridian is a broker that is registered in Bulgaria. The tradable instruments include forex, stocks, commodities, and indices. The broker also provides six account plans. The minimum deposit is as high as $500.
Pros and Cons
| Pros | Cons |
| Various tradable instruments | Suspicious clone VFSC license |
| Multiple investment plans | High minimum deposit of $500 |
| Live chat support | |
| No commissions | |
| Social trading offered | |
| Six account plans provided |
Is FXMeridian Legit?
FXMeridian holds a Suspicious Clone license, making it less safe than regulated brokers. Please be aware of the risk!
| Regulated Authority | Current Status | Regulated Country | Licensed Entity | License Type | License No. |
| Vanuatu Financial Services Commission (VFSC) | Suspicous Clone | Vanuatu | Global Clearing House Ltd | Retail Forex License | 14691 |
What Can I Trade on FXMeridian?
FXMeridian offers a wide range of market instruments, including forex, stocks, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type Investment Plan & Fees
FXMeridian has six account plans: Standard Plan, Bronze Plan, Silver Plan, Gold Plan, Platinum Plan, and VIP. Traders can choose different accounts to meet their needs and style of investing.
| Investment Plan | Minimum Deposit | Reduced Spread | Commission |
| Standard Plan | $500 | - | 0 |
| Bronze Plan | $1,000 | - | - |
| Silver Plan | $5,000 | Up to 20% | - |
| Gold Plan | $10,000 | Up to 40% | - |
| Platinum Plan | $50,000 | Up to 70% | - |
| VIP | $100,000 | - | - |
Deposit and Withdrawal
FXMeridian accepts credit/debit cards, bank accounts, alternative payment accounts, and more for deposit and withdrawal. Withdrawals are generally processed within 24 hours. Depending on the withdrawal method chosen, it can take between 3-7 business days (or more) for traders. Withdrawal via bank wire generally requires 3 to 7 business days (or more) to complete.
Fuich
Bulgaria
Good broker, perfect market execution, no issues with deposit and withdrawals
Positive
FX1250112358
Singapore
It is also too expensive to open an account with 2000 euros, and the company is not very friendly to newbies. I'm not trading here.
Neutral
FX1177414782
Australia
So far so good! I started trading with FXMeridian some time now and in the meantime, the results are not bad and I’m satisfied with it. Great platform to trade!
Positive
独聆
India
I have trades open at night with stop loss and take profit. As soon as I woke up, I found that all of my transactions had been closed with no stop-loss or take-profit orders being triggered. In this, I suffered a tremendous loss...
Neutral