Company Profile
| MERJ Review Summary | |
| Founded | 1998 |
| Registered Country/Region | Seychelles |
| Regulation | No regulation |
| Market Instruments | Stocks, MERJ Depository Interests (MDIs), Bonds, Exchange-Traded Products (ETPs) and Alternative Debt Securities |
| Demo Account | / |
| Trading Platform | MERJ Exchange |
| Minimum Deposit | 0 |
| Customer Support | Live chat, contact form |
MERJ Information
MERJ is an exchange based in Seychelles, established in 1998. The platform supports five types of trading instruments, including stocks, MERJ Depository Interests, bonds, ETPs, and alternative debt securities. It offers multiple payment methods and free deposits, but its drawbacks include lack of regulation and limited customer support.
Pros and Cons
| Pros | Cons |
| 5 types of trading instruments | No regulation |
| No deposit fees | Limited customer channels |
| Supports more than 4 payment methods | Trading fees charged |
| Long operation time | Withdrawal fees charged |
| Live chat support |
Is MERJ Legit?
MERJ is currently unregulated. Please be aware of the risk!
What Can I Trade on MERJ?
MERJ offers five types of trading products: Stocks (common and preferred shares), MERJ Depository Interests (MDIs), Bonds (corporate and public sector bonds), Exchange-Traded Products (physically-backed/collateralized ETPs, ETNs, and ETCs), and Alternative Debt Securities (yield instruments and asset-backed securities).
| Tradable Instruments | Supported |
| Stocks | ✔ |
| MERJ Depository Interests (MDIs) | ✔ |
| Bonds | ✔ |
| Exchange-Traded Products (ETPs) | ✔ |
| Alternative Debt Securities | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptos | ❌ |
| Options | ❌ |
| ETFs | ❌ |
MERJ Fees
MERJ charges fixed trading fees based on the type of market and trading platform. Fees are calculated as a percentage of the total transaction value (trade price × quantity), applied to both buy and sell orders, and deducted automatically at the time of execution.
| Market Type | Trading Fee |
| MERJ Markets (excluding IOB) | 0.25% per transaction |
| International Order Book (IOB) | 1.00% per transaction |
| DIGTL Markets Platform | |
| Upstream Market |
Trading Platform
MERJ supports the MERJ Exchange platform. It lets both new and experienced investors manage their portfolios and place trades easily.
Deposit and Withdrawal
MERJ Exchange does not charge any fees for deposits. Supported deposit methods include digital channels such as Arbitrum, Ethereum, and Solana (some bridged through Circle), as well as traditional methods like bank wire transfers via SWIFT.
Withdrawal fees depend on the method used. Domestic bank transfers incur a fee of 25 Seychellois rupees. For international transfers, the fee is US$10, but additional charges may apply if the recipient account is not in USD. In addition, MERJs own bank typically charges around US$16 per international transfer, and intermediary bank fees may also apply depending on the destination.
