No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

MeritForex

Item: MeritForex
Rating: 1.58

Vanuatu | 5-10 years |

Suspicious Regulatory License | Suspicious Scope of Business | Vanuatu Forex Trading License (EP) Revoked | High potential risk

https://meritforex.com/

Website

Open Account Now Time Machine

Rating Index

Contact

https://meritforex.com/

PO Box 1276 Port Villa Vanuatu, Republic of Vanuatu.

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-13

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Vanuatu

Operating Period

5-10 years

Company Name

JNE Capital Group Ltd

info@meritforex.com

Company Website

https://meritforex.com/

Address

PO Box 1276 Port Villa Vanuatu, Republic of Vanuatu.

Verified Site

About Us

Disclosure

Wiki Q&A

Comment

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Details

Official Website

Verified Site

meritforex.com
37.139.29.97
Server Location
Netherlands
ICP Registration No.
--
Top Visitor Locations
--
Creation Date
2016-01-18
Website Name
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC

Review summary

MeritForex, operating as JNE Capital Group Ltd, is a broker that has been active in the markets for between 5 and 10 years and is registered in Vanuatu. According to WikiFX data, the broker holds no currently active, valid licenses from authoritative financial regulators for forex trading; a previous license from the Vanuatu Financial Services Commission (VFSC) is listed as revoked. The WikiFX score for MeritForex is 1.58, reflecting significant concerns. Public sentiment includes exposure from a user reporting a negative trading experience, advising others against using the broker. The overall profile suggests a high-risk proposition for traders due to the complete absence of credible regulatory oversight and substantiated user complaints. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)

Company Profile

5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Vanuatu Forex Trading License (EP) Revoked
High potential risk

Disclosure

Danger

Warnings (unauthorised firms and other entities)

Country / Region

ES CNMV

Disclosure Date

2019-11-25

Broker Disclosures

MeritForex

Wiki Q&A

Is MeritForex safe and reliable?

Based on the available information, MeritForex exhibits a very high-risk profile. The WikiFX score of 1.58 reflects significant concerns regarding its operation. The broker lacks current, credible regulatory oversight from any major financial authority, and user sentiment includes reports of negative trading experiences. This combination suggests it is not a safe or reliable choice for traders seeking a secure trading environment.

Two days ago

United States

Is MeritForex regulated?

According to WikiFX data, MeritForex is not currently regulated by any recognized financial authority for forex trading. The broker, operating as JNE Capital Group Ltd, was previously registered in Vanuatu. However, a prior license from the Vanuatu Financial Services Commission (VFSC) is listed as 'Revoked'. This indicates a complete absence of active regulatory supervision.

Two days ago

United States

What is the minimum deposit of MeritForex?

Specific data on the minimum deposit requirement for MeritForex is not publicly disclosed in the WikiFX assessment. This lack of transparency regarding a fundamental account requirement is a point traders should consider when evaluating this broker.

Two days ago

United States

Does MeritForex support MT4 or MT5?

Information regarding the availability of MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms with MeritForex is not detailed in the current profile. A broker's choice of trading software is a key component of its service offering, and the absence of this data limits a full evaluation of its technical infrastructure.

Two days ago

United States