Merricks Invest

Merricks Invest exhibits a high-risk profile. According to WikiFX data, the broker holds no valid forex trading licenses from major financial regulators and operates from Saint Vincent and the Grenadines, a jurisdiction known for minimal financial oversight. The WikiFX score of 1.45 reflects significant concerns regarding its regulatory framework and user feedback, which includes reports of order execution issues. This combination presents a reliability profile that falls far below the standards of regulated brokers.

Merricks Invest is not regulated by any recognized financial authority. The broker operates under the entity Smart Oasis LLC, which is registered in Saint Vincent and the Grenadines. This jurisdiction does not provide the licensing, client fund segregation, or investor compensation schemes typically associated with regulated brokers like those under the FCA, ASIC, or CySEC.

Merricks Invest offers tiered accounts with varying minimum deposit requirements. The BRONZE account requires a minimum deposit of €250, the GOLD account requires €2,500, and the SILVER account requires €25,000.

Platform information for Merricks Invest is not explicitly listed in the available data. Prospective users should verify supported trading platforms directly with the broker, as this is a critical component of the trading environment.