Meridian Finance is a Forex broker established in 2024, primarily offering investors financial asset trading services in Forex, gold, indices, and cryptocurrencies. Meridian Finance is an unregulated Forex broker, and its website lacks transparency in the information provided.
Company Background:
Meridian Finance is an emerging Forex broker headquartered in New York, USA, with a specific address at 125 Maiden Ln, New York, NY 10038, United States. The broker has not disclosed information about its corporate entity or related leadership personnel. The official website domain of Meridian Finance was registered on January 21, 2024, making it a very newly established entity. As of the date of publication, its domain registration period is less than two months.
Regulatory Status:
Meridian Finance is an unregulated Forex broker. Meridian Finance has not disclosed any regulatory information on its official website, and there is also no regulatory record of this broker in major financial regulatory authorities' records, raising doubts among investors about its credibility and legality.
Unregulated brokers may pose potential risks, including issues related to fund security and information protection. Therefore, investors should remain vigilant and carefully choose the right broker for their investment trading activities.
Trading Products:
In the FAQ section of its official website, Meridian Finance introduces that it provides trading services in financial assets such as Forex, gold, indices, and cryptocurrencies. Despite claims of offering a variety of trading products, it is impossible to ascertain specific information about these trading products, such as types of trades, leverage ratios, and trading fees. The trading products of this broker lack transparency, making it difficult for investors to fully understand the trading environment and associated risks.
Trading Platform:
Meridian Finance does not provide effective trading software for investors to use, such as MT4 or MT5 trading software, preventing investors from trading through popular trading platforms. Although the official website claims to support download methods for operating systems like Windows and macOS, the actual download links provided are ineffective and do not redirect to a download interface.
For investors, choosing a reliable broker that provides complete trading software support is crucial. The lack of effective trading software support can lead to inconveniences and risks in trading. Therefore, investors should be extra cautious when selecting trading platforms to ensure a comprehensive trading experience and support.
Account Registration:
Open an Account
- Visit the broker's official website and click the "register" button.
- Provide the required personal information, including name, address, contact information, etc., and submit the application form.
Account Funding
- Deposit funds into the account through bank wire transfer or cryptocurrency wallets, among other methods.
- Choose a suitable funding method based on the guidance provided by the broker.
Start Trading
- Login to the trading account through devices like PC, Android, iPad, iPhone, or through web browsers.
- On the trading platform, you can browse the market, execute trading orders, manage positions, and risks, among other activities.
Leverage Strategy
Meridian Finance claims to offer the industry's lowest trading fees and the highest leverage options. However, it does not provide specific leverage values, only emphasizing that traders can benefit from significant leverage, thus having greater purchasing power and higher profit potential.
In fact, leverage can bring potential high returns but also comes with corresponding risks. High leverage means that traders can control a larger position with less actual capital investment, but it also means that traders may face greater risks of loss.
Customer Support
This broker provides various methods of customer support. Customers can directly communicate with the customer support team through online chat services provided by the broker. Online services usually offer real-time help and answers, facilitating customers in resolving issues and questions encountered during trading.
Customers can also raise questions or seek help by sending an email to the customer support email provided by the broker. The customer support team will reply promptly after receiving the email and provide professional answers and support.
Summary
Meridian Finance is a newly established Forex broker, holding no financial regulatory licenses. The key information about the broker's trading products, trading platforms, and leverage lacks transparency, which could adversely affect investors. Investors should preferably choose legally regulated brokers to ensure the safety of their personal assets.
Currently, Meridian Finance is flagged as "suspected of fraud" on TraderKnows.
