Forex Mekness Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.1

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 2.3

Business 1.6

Risk Control 1.9

Software 2.6

Regulatory 2.1

Terminal Snapshot

Mekness Trading Conditions

Registered Region Saint Lucia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@mekness.com

Contact Number +97143884268

Website mekness.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, stocks, and commodities
User-friendly trading platforms with mobile accessibility
Multiple account types catering to various trader levels
Customer support available in multiple languages
Educational resources including webinars and market analysis

Cons

Not regulated by any recognized financial authority
No fund protection measures for client accounts
High potential for fraud due to lack of oversight
Limited educational resources for traders
Withdrawal fees and processing delays may apply

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Mekness	Fintrix Markets	Wisdom Financial Service	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Saint Lucia	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	2.1/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Mekness Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Mini Account	Novice traders	Low minimum deposit, flexible lot sizes	Suitable for strategy testing and low-risk experimentation
Standard Account	Beginner to intermediate traders	Reduced spreads, access to basic analytics tools	Requires a higher deposit than mini account
Pro Account	Experienced traders	Raw interbank pricing, lower spreads	Requires a minimum deposit of one thousand units
VIP Account	High net worth individuals	Custom fee structures, priority processing	Minimum deposit of ten thousand units required

Account Opening Process

To open an account with Mekness, prospective clients need to follow a straightforward process: submit personal, employment, and financial information through the online application. Identity verification is necessary, requiring documents such as an ID and proof of address. Once the account is set up, there is flexibility to upgrade to a professional account in the future if the trading needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0	Tight spreads for major pairs
Forex (Minor Pairs)	1.0	$0	Competitive pricing for minor currency pairs
CFDs (Stocks, Indices, Commodities)	1.5	$0	Varies depending on the asset class
Cryptocurrencies	1.0%	0.1%	Variable depending on market conditions

Other Fees

Additionally, traders should consider other costs associated with their accounts, including potential deposit and withdrawal fees, inactivity fees, and platform usage fees. Overnight interest, or swap rates, may apply to positions held overnight, and currency conversion fees could be incurred when trading in 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

Mekness User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Alice Johnson

London

★ ★ ★ ★ ★

I have been trading with Mekness for a few months now, and I appreciate their user-friendly platform. The mobile app is particularly convenient for trading on the go. I did have a minor issue with my withdrawal taking longer than expected, but overall, I’m satisfied with their service and support.

Michael Smith

New York

★ ★ ★ ★ ★

Mekness has been a great platform for my trading needs. The variety of instruments they offer is impressive, and I love the MetaTrader 5 platform. Customer support has always been prompt and helpful whenever I’ve had questions. Highly recommend for both new and experienced traders!

Sarah Lee

Sydney

★ ★ ★ ★ ★

Unfortunately, my experience with Mekness has not been great. I faced significant delays with my withdrawal requests and found customer support to be less responsive than I hoped. I appreciate the range of trading options, but the lack of regulation concerns me.

David Kim

Toronto

★ ★ ★ ★ ★

I had a terrible experience with Mekness. My funds took forever to withdraw, and when I reached out for help, the support was unhelpful. The lack of regulation is alarming, and I would not recommend trading with them unless you are okay with the risks involved.

Saint Lucia Market