FXMeridian Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-06-08 18:23

Abstract：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 $500. FXMeridian is still risky due to its suspicious clone status.

FXMeridian Review Summary
Founded	2015
Registered Country/Region	Bulgaria
Regulation	Suspicious Clone
Market Instruments	Forex/Stocks/Commodities/Indices
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	/
Minimum Deposit	$500
Social Trading	✔
Customer Support	Email: support@fxmeridian.com
	Email: compliance@fxmeridian.com
	Email: ever@FXmeridian.com
	Live chat

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 $500. FXMeridian is still risky due to its suspicious clone status.

Pros and Cons

Pros	Cons
Various tradable instruments	Suspicious clone license
24/5 customer support	Lack of transparency
Commission free	High minimum deposit of $500
Social trading offered
Six account plans provided

Is FXMeridian Legit?

　　FXMeridian holds a Suspicious Clone license, making it less safe than regulated brokers.

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Vanuatu Financial Services Commission	Suspicous Clone	Vanuatu	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	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　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.

	Minimum Deposit	Commission	Reduced Spreads
Standard Plan	$500	Free	-
Bronze Plan	$1000	-	-
Silver Plan	$5000	-	Up to 20%
Gold Plan	$10000	-	Up to 40%
Platinum Plan	$50000	-	Up to 70%
VIP	$100000	-	-

FXMeridian Fees

　　The commission is zero.

Deposit and Withdrawal

　　The minimum deposit is $500. 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.