Broker MERRY CAPITAL Forex Trading Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

MERRY CAPITAL Trading Conditions

Registered Region Australia

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email services@merryforex.com

Contact Number N/A

Website www.merryforex.com

Balanced Review

Pros & Cons

Pros

Zero commissions on trades
Diverse range of trading instruments across multiple asset classes
Competitive leverage of up to 1:500
User-friendly trading platforms, including MT4 and MT5
Accessible customer support via email and ticketing system

Cons

Not regulated by any recognized financial authority
Previous ASIC regulation status has been revoked
Limited customer support availability during non-business hours
No advanced educational resources or market analysis provided
Potential risks associated with trading an unregulated broker

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	MERRY CAPITAL	DBG Markets	IC Markets Global	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does MERRY CAPITAL Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and experienced traders	No commissions, low spreads	Suitable for individual traders with varying capital
Professional Account	Experienced traders	Higher leverage, tailored trading conditions	Requires proof of trading experience and volume
Corporate Account	Corporate clients	Customizable services, dedicated support	Requires corporate documentation
Islamic Account	Traders seeking swap-free options	Compliance with Sharia law	Available upon request
Demo Account	Beginners	Practice trading without risk	Ideal for testing strategies

Account Opening Process

To open an account with MERRY CAPITAL, follow these steps: First, complete the online application form on their website, providing personal, employment, and financial information. After submitting your details, you will need to verify your identity by providing a valid ID and proof of address. Once your account is set up, you have the flexibility to upgrade to a professional account in the future if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads for major pairs
CFDs (Stocks, Indices, Commodities)	Varies	$0	Zero commissions apply
Cryptocurrencies	Varies	$0	No commissions on crypto trades

Other Fees

Traders should be aware of various fees that may apply when using MERRY CAPITAL services. These may include deposit and withdrawal fees, inactivity fees after a specified period of non-use, platform usage fees if applicable, overnight interest or swap rates on positions held overnight, and currency conversion fees for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

MERRY CAPITAL User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Raphaël Durand

France

★ ★ ★ ★ ★

I know Merry Capital tries to win us over with lower trading fees, but their customer support is straight-up awful. They are slow to respond and often ignore my questions. This really cancels out the whole appeal of low costs for me.

Chen Miyagi

Singapore

★ ★ ★ ★ ★

I wish the company had better support in French. Their lack of multilingual support has caused me a lot of trouble. Plus, they don’t accept Bitcoin as a payment method, which I find very inconvenient.

Arjun Kapoor

Malaysia

★ ★ ★ ★ ★

Exceptional customer service! Merry Capital has provided me with the best support experience I’ve ever had. Their team is always ready to help and their responses are quick and effective.

Emily Johnson

Australia

★ ★ ★ ★ ★

Overall, I find Merry Capital to be a solid option for trading. The trading platforms are user-friendly and I appreciate the zero-commission structure. However, I think they could improve their support availability during off-hours.

Australia Market