Menne Markets-Overview of Minimum Deposit, Spreads & Leverage
Abstract：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.
Note: Menne Market's official website - https://www.mennemarkets.com is currently inaccessible normally.
| Menne Market Review Summary | |
| Founded | / |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | 300+, currency pairs, stocks, commodities (gold & silver), and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:100 |
| EUR/GBP Spread | Floating around 0.7 pips |
| Trading Platform | MT5 |
| Min Deposit | $200 |
| Customer Support | Tel: +44 7782827706 |
| Email: 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 Cons
| Pros | Cons |
| Diverse tradable assets | Inaccessible website |
| Tight EUR/GBP spread | Lack of regulation |
| MT5 supported | Limited payment options |
| High minimum deposit |
Is 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 Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Menne Market supports several types of payment options, including bank transfer, Bitcoin, Ethereum, and Tether.
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