FXMeridian Review: Fxmeridian.com A Deceitful Broker

FXMeridian is an online trading company that looks forward to availing various investment services. The company allows you to ‘keep the market in your pocket’ and trade seamlessly. You can benefit from; Forex, stocks, commodities and indices, among others. The company urges its customers to set up an account and start benefiting profitably.

Nevertheless, before investing in any company, several factors are to consider. As you read this impartial review, you encounter the red flags to observe before investing in any company. The trading world is not a walk in the park, and without proper investment strategies, you will attract negative returns. Meanwhile, these forex trading companies apply a tried-and-tested strategy. Hence you can count on them for pleasing returns.

FXMeridian issues with customers of security while investing. Also, they claim to be the industry leader in offering the best investment conditions. The website barely has a presentable interface to lure you into believing the services it promises. However, the company is likely to offer reliable investment services. You can easily register and set up accounts for its services.

Accordingly, they do not reveal any risk management measures. Moreover, stopping loss to take profit, among other features, help in curbing losses during sudden market shifts. Investing without risk management features will expose you to the high volatility in the market.

Fxmeridian.com Review

Fxmeridian.com aims to avail investment services to all sorts of traders. However, the company does not feature any video tutorials of readiness to assist in grasping more knowledge on how the market manoeuvres. Furthermore, investing without proper education and understanding of the market is inadvisable. 

FXMeridian does not reveal to its customers the kind of algorithm its software uses to make it stand out from competitors. Additionally, you may end up purchasing the wrong tools for investment purposes. Automatic trading is preferable to humans since they do not mix emotions. You should be cautious not to end up purchasing faulty tools.

The investment firm aims to provide expert-level services to all customers. However, there is no information regarding the founders or the team of employees. It raises concerns because it requires you to share personal details during registration. Scammers maintain high anonymity. As a result, they form clone companies and attempt to rob more money from innocent traders. The company claims to have a mission to open the global markets for all investors transparently.

How Fxmeridian.com Operates

FXMeridian does not have a suitable style of operation. The company uses social trading. Nevertheless, this method is not preferable for investment. The trading world has high volatility and the same returns that profit another trader may not necessarily similarly benefit you. Additionally, they function without a trace which raises concern about its services.

Consequently, investment firms with a similar likelihood of operation to FXMeridian barely profit traders. Moreover, scammers will persuade you into depositing multiple means. Additionally, you may come across bonuses on the first deposit of up to 100% once scammers have your cash consider any business between you and them done.

Fraudulent companies result denying you access to any of the services it offers. The company does not promise constant returns. Also, they warn traders against expecting massive profits, and you may end up experiencing losses. The company looks forward to providing lightning-fast executions and low spreads. FXMeridian is reliable for investment, but they need to showcase more evidence of transparency.

Scammers often promise you state-of-the-art technology and services and open investing. You end up receiving shocking returns. FXMeridian was allegedly brought into the market in 2019, but the founders are anonymous. They do not provide any evidence of past trading transactions. Accordingly, trade history for three months or more helps determine the returns to expect.

The software is not compatible with MetaTrader, suitable for investment purposes. Therefore relying on the web trader available may expose you to third-party attacks. However, the company claims that Global Clearing House is powered and developed.

Funds Safety at FXMeridian

FXMeridian does not provide a demo account to familiarise familiar with its services. Hence investing real money is at your own risk. The company does not reveal information regarding the people behind its operation. Also, the reviews it features are not so negative, but several factors need to be adjusted before you opt to invest.

Accordingly, the security of your money is a top priority to consider in any company. Scammers often fail to provide bank details. Eventually, they keep your money in personal accounts as they persuade you to wait for mysterious profit. The investment firm functions anonymously. So not only is your cash at personal risk information as well may end up in the wrong hands leading to criminal activities.

FXMeridian Deposit and Withdrawals

FXMeridian minimum investment amount is £2000. However, this figure is quite costly, considering the ambiguity it exposes. The company allows you to make payments by; Wire transfer, Visa and Mastercard, and Skrill. Accordingly, wire transfer transactions are irreversible. So you should use credit/debit options for chargeback up to 540 days.

The company does not elaborate on how long it takes to process withdrawal requests. Also, they do not feature a refund policy to reclaim your money if you find it services not to your expectation. Scammers often find ways to hold your money for long. Eventually, they end up disappearing with your funds.

Customer Support

FXMeridian has various location addresses. The company also has multiple email support. You can contact them in case of queries. Working customer support helps in gaining more trust between you and the company. The company features telephone contacts that you can use to reach them.

Additionally, you should receive an instant response to your query, and if not, fast. Scammers will cut off communications with you upon receiving your money. Also, working with customer support helps in achieving a friendly interface.

Regulation Status of FXMeridian

FXMeridian claims to be regulated under the Bulgarian Financial Supervision Commission (FSC). You can easily find and verify the same information through responsible sources. The company is fully regulated and licensed yet operates without the recommendable level of transparency.

Nevertheless, these regulated forex companies showcase a high level of transparency. You can easily find and verify the documents available with the responsible organs. Unregulated companies do not last for long, and often they end up facing bankruptcy quickly. Fraud companies maintain anonymity because they risk facing criminal charges. Furthermore, it is illegal to offer investment services without mandatory following regulation procedures.

Final Verdict

FXMeridian is reliable for investment purposes. However, the company style of operation and website is doubtful and very questionable. The company also uses social trading and this kind of strategy is not advisable. Scammers barely avail any previous trading history. Also, you should not expect to find some sort of preferential treatment while investing. You may come across losses when trading. So there is no such thing as constant profits.

Additionally you should opt to invest with these forex companies for a pleasant investment experience. Through reliable strategies, you will encounter sensible outcomes. Also you should do thorough research and read reviews from reliable sources before opting to invest in any company. The trading world is not a walk in the park. Scammers often take advantage of the high competition in the market.

 

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