Mercer Capital is registered at the New Zealand Financial Service Provider Register (No. FSP347626) . It is a member of the Financial Services Complaints Limited. And it has a solid anti-money laundering policy in place. Which makes it a very trustworthy regulated Forex broker. It also has offices in Gibraltar and the UK.
They are an STP broker. Which means they have optimized the speed that transactions are processed at. And that means faster fills and less costs for you. And with more than 5,000 clients they are not one of the biggest brokers out there. But that will definitely be advantageous if you have to deal with their support team. Smaller brokerages often have a lot better support desks than most other brokers.
Forex & CFDs
Like most other Forex brokers, they offer Forex and CFDs. This gives you the ability to trade commodities and indices besides their main product, currencies.
One of the platforms the offer to trade with is MetaTrader. This desktop software platform is well known around the world and has many users. The popularity of this platform has created a very large contributor base, which means there are many tutorials, indicators and EAs available for this platform. A good choice to start trading with.
Mercer Webtrader is their web trading platform. You can use this to trade from behind a firewall. Or if you want to execute a quick and easy manual trade.
Mobile trading is available with them using the MetaTrader app. Which is both available for iOS and Android.
Tools is often times how brokers try to differentiate themselves from each other. This broker is no different and offers a fair package of tools. A regular economic calendar. Market research by the Mercer global research team that is led by Thomas Mathew who has more than 35 years of experience. They help beginner trader and experienced traders trade better.
Very friendly support helps you with any question you might have. And just like the research team, they are there to give you very close to tailored service. Especially if you have a Pro Account.
At only a $1000 minimal account deposit and a 100% Bonus for a Standard Account, this broker is great if you are just beginning to trade. But looking at the 36 currency pairs and Gold, Silver and Indices they have on offer for this account, you can trade with them even if you are more experienced. They also offer 1:100 leverage for currencies and 1:200 leverage for precious metals.
But they also offer a Pro Account. You get one when you start with a $20,000 deposit. You get an extra 6 currency pairs to trade. Lower spreads. And you also can use 1:200 leverage for currencies and 1:200 leverage for precious metals.
Institutional and Custom accounts are also available. These offer more flexibility in the terms of the account.
All in all a very good broker with a personal touch. Although a little small it is fully regulated.
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