Is MecuryFX Legit?

By Blacksauce08, from United States, March 8, 2021 at 05:29 PM

Is this a legitimate website? And heard you ever heard of paying a fee before you can get your profits?

Answer: Hi Blacksauce08,

According to the broker’s website, the MecuryFX brand is regulated and licensed under the FSC (Mauritius), UK’s FCA, CySEC and South Africa’s FSCA, among others. We couldn’t find any proofs to these statements and there are no mentions of this broker in registers of major regulators. Unfortunately, it doesn’t seem like MecuryFX is a legitimate company and it should definitely be avoided.

As to the paying a fee before you can get your profits, there is no such thing. Sometimes you may be charged a withdrawal fee, while taking out your money, but when a broker asks for more money and holds your investments and profits that’s a big red flag. We would recommend to stop investing with this company and report about this issue to your local regulator.

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