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Score

0123456789
.
0123456789
0123456789
/10

Mekness Limited

Malaysia|2-5 years|
Regulated in United States|Suspicious Regulatory License|White label MT5|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://mekness.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

Mekness-MT5

United Kingdom
MT5
1

Influence

D

Influence index NO.1

Botswana 2.60

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
Mekness-MT5 MT5
Server Location United Kingdom

Influence

Influence

D

Influence index NO.1

Botswana 2.60

Surpassed 72.92% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+971 54 719 9005
support@mekness.com
https://mekness.com/
Lot No. 20, Level 1, Lazenda Commercial Centre Phase 3, Jalan OKK Abdullah, 87000 Federal Territory of Labuan, Malaysia

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+971 54 719 9005

Broker Information

More

Company Name

Mekness LLC

Company Abbreviation

Mekness Limited

Platform registered country and region

Malaysia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0563092) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

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Mekness Limited · Company Summary

General Information & Regulation

General Information & Regulation

Mekness, a trading name of Mekness LLC, is allegedly a forex broker incorporated in Saint Vincent and the Grenadines with company number 524 LLC 2020 that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and variable spreads from 0.3 pips on the MT5 for Android, iOS and Windows trading platforms, as well as a choice of four different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Mekness does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.34/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Mekness advertises that it mainly offers forex, commodities and index trading.

Account Types

Mekness claims to offer four types of trading accounts, namely Standard, Universal, Pro and VIP. The minimum initial deposit amount to open any type of account is only $10.

Account Types

Leverage

A leverage ratio of up to 1:500 is offered by Mekness, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Mekness claims that different account types can enjoy quite different spreads. Specifically, the spread on the Standard account starts from 1.8 pips, the Universal and Pro accounts have spread from 1.1 pips and 0.6 pips separately, while only the VIP account holders can enjoy the tightest spreads from 0.3 pips. As for commissions, there is no commission on the Standard account, while the other three account types have a commission of $7, $6 and $5 per lot respectively.

Trading Platform Available

Platforms available for trading at Mekness are Mekness MT5 for Android, iOS and Windows. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Deposit & Withdrawal

Mekness says to work with multiple deposit and withdrawal options, consisting of Bank Wire, Bitcoin, MasterCard, Neteller, Perfect Money, Skrill and Visa. The minimum initial deposit requirement is said to be only $10, while the minimum withdrawal amount is $50 else $10 will be charged as a withdrawal processing fee. However, if a withdrawal is requested before commencing 3.0 - 1 K, 15% withdrawal fees are applied. There are no deposit fees charged.

As for the processing time of deposit and withdrawal requests, Bank Wire deposits and withdrawals take up to 3-5 working days, Bitcoin deposits require up to 3 hours, while other deposits are said to be processed instantly and other withdrawals require up to 24 hours.

Deposit & Withdrawal

Customer Support

Mekness customer support can be reached by telephone: +1 631 892 6178, +1 631 892 6179, email: info@mekness.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and WhatsApp. Company address: First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100 St. Vincent and Grenadines.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

User Reviews

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User comment

3

Comments

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FX1236743870
more than one year
Good! Mekness is incredibly user-friendly and makes trading stocks, currencies, and futures easy for anyone with experience in online investing or novices who are just starting.
2023-02-17 13:47
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0
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李仁彬『燃』
more than one year
Well, this is the best so far nothing much to say. If you don't give it a try you won't know how it works. Mekness is a very good choice for forex trading!
2022-12-13 11:29
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0
0
Lixingle
more than one year
A nice broker, wow, it is like, special for me! I love its flexible trading account options, yes, with minimum deposit. Already opened a real account, so far so good, will share good news with your guys.
2022-12-08 15:01
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