Review summary
Merc Investments PTY LTD, operating as Mercantix, is a relatively new broker established in Australia approximately one to two years ago. According to WikiFX data, the broker currently holds no valid, authoritative forex trading licenses from established regulators such as ASIC, FCA, or CySEC, placing it in the category of an unregulated offshore entity. This absence of recognized financial oversight is a significant point of consideration for traders. Mercantix offers multiple account tiers, including Basic and Standard accounts with entry conditions of €250 and €5,000 respectively, and leverage options up to 1:500 on higher-tier accounts like VIP and Diamond. The broker's overall WikiFX score of 1.14 reflects its current operational profile. Public exposure on the platform indicates challenges related to trading order execution and withdrawal processes. In summary, Mercantix presents a product suite with high leverage options but operates without the protective framework of a formal regulatory regime. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-06)
