Merlion Global offers commission-free Forex trading through its Standard account with a 1.0 pip markup on spreads.
Through the Professional account, Merlion Global broker provides Raw spreads from 0.0 pips with a $5 commission.
Merlion Global; Company Information and Regulation
Merlion Global is a brokerage company founded in 2018 as an XAU Merlion Financial Co. Ltd subsidiary.
The company is incorporated in Mauritius and Cambodia and regulated by the countries’ respective financial authorities. Key features of Merlion Global:
- Regulated by the Financial Services Commission (FSC) of Mauritius with license No. GB22200775
- Licensed by the Securities & Exchange Regulator of Cambodia (SERC) with license No. 015
- Raw spreads
- AI-powered copy trading
- Offices in Mauritius, Cambodia, Malaysia, and Philippines
Merlion Global Table of Specifications
The Forex broker offers leverage options of up to 1:400 to trade currencies and CFDs. Let’s see what other attractive features the company brings to the table.
Broker | Merlion Global |
Account Types | Standard, Professional |
Regulating Authorities | FSC, SERC |
Based Currencies | USD |
Minimum Deposit | $10 |
Deposit Methods | Bank Wire, USDT, Credit/Debit Cards, Local Bank Wire |
Withdrawal Methods | Bank Wire, USDT, Credit/Debit Cards, Local Bank Wire |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:400 |
Investment Options | Copy Trading, MAM accounts |
Trading Platforms & Apps | MT4, Clear Pro Trader |
Markets | Forex, Indices, Metals, Crude Oil, Crypto |
Spread | Variable based on the account type |
Commission | Variable based on the account type |
Orders Execution | Variable based on the account type |
Margin Call / Stop Out | N/A |
Trading Features | Mobile Trading, Copy Trading, Signals |
Affiliate Program | Yes |
Bonus & Promotions | Gold Bar Giveaway, Bonus Credit Deposit, Fixed Gold Spread, Trader’s Contest |
Islamic Account | N/A |
MAM Account | Yes |
Customer Support Ways | Email, Tel, Live Chat |
Customer Support Hours | 24/5 |
Trading Accounts
The broker offers a demo and two real account types with different commissions and spreads.
Features | Standard | Professional |
Min Deposit | $10 | $10 |
Min Order Size | 0.01 lots | 0.01 lots |
Max Leverage | 1:400 | 1:400 |
Execution Type | STP from 0.2 seconds | Market |
Spread from (pips) | From 1.0 | From 0.0 |
Commissions | $0 | $5 |
Registration and KYC
Getting started with Merlion Global is a straightforward process requiring you to go through a Know Your Customer (KYC) procedure.
- Visit the broker’s official website;
- Click “Open Account”;
- Fill out the registration form;
- Provide personal information and source of fund;
- Upload supporting documents (passport and utility bill).
Merlion Global Trading Platform Offerings
The broker provides access to the robust MetaTrader 4 alongside the Clear Pro Trader platform, which is not globally recognized. MT4 download links:
Check TradingFinder’s MT4 indicators to access additional analytical tools. You can also use our MT4 tutorials to expand your knowledge about the platform’s features.
Merlion Global Fees Explained
As mentioned earlier in this Merlion Global review, the broker provides commission-free trading through its Standard account.
However, the Professional account comes with a $5 commission. What are the spreads on these two account types?
- The Professional features Raw spreads from 0.0 pips;
- The Standard’s spreads include a 0 pip markup.
Payment Methods
Merlion Global broker offers a diverse array of payment options, from international bank transfers to E-Wallets, to cater to its global clientele.
Method | Min Deposit |
Crypto (USDT) | $10 |
Bank Wire | $100 |
Visa/MasterCard | $10 |
Local Bank Wire (Philippines, Cambodia, Thailand, Indonesia, Vietnam, and Malaysia) | $10 |
Copy Trading Service
Merlion Copy Trade is the broker's social trading platform, designed to bridge the gap between novice and experienced traders.
- Zero entry barrier
- Fees after profits
- Ability to set the Lot Allocation Ratio
- Withdrawal at any time
Merlion Global Promotional Programs
The lack of tier-1 licensing becomes an advantage when it comes to promotions.
The broker offers various bonus programs, including giveaways and trading credits.
- Gold Bar Giveaway: Pure gold bar to 100 clients with a new deposit of $1,000
- Trading Credit: 20% deposit bonus up to $10,000
- Fixed Gold Spread: Gold trading with zero commissions and 2.8 pips fixed spread
- Trader's Contest: Seasonal trading tournaments
How to Reach Customer Support?
Merlion Global broker boasts 24/5 customer service through its online chat feature, available on the client dashboard.
support@merlionglobal.com | |
Tel | +2302089022 |
Live Chat | Through the “Client Area” |
User Satisfaction
There are not many Merlion Global reviews on the internet since the broker is a new player in the industry. TrustPilot and Forex Peace Army have not listed the company on their platforms.
However, Merlion Global's presence in international events, such as Forex Expo 2023 Dubai, and its prestigious awards, including Best Forex Broker Asia 2023, speak to the broker’s reliability.
Expert’s Suggestion
Merlion Global provides access to five asset classes, including Forex and Crypto, with leverage options of up to 1:400.
The broker utilizes the MT4 platform to offer two account types with a minimum deposit requirement of $10.
