CySECCyprusTier 2Licence number
077/06
View licence record- Licence holder
- Held by MeritKapital
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for MeritKapital
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
MeritKapital has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for MeritKapital, strongest authority first.
1 record
- CySECCyprusTier 2
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by MeritKapital
Answered from the register entries on this page.
Most Popular Questions
MeritKapital provides customer support via phone, live chat during business hours, and email. The support is available in English and includes social media channels such as Facebook, Twitter, LinkedIn, and Instagram. The average response time is not specified.
MeritKapital offers trading in various regulated financial instruments including Forex, stocks, options, derivatives, commodities, securities, futures, and CFDs. However, binary options trading is subject to trading limits. This range covers a broad spectrum of markets.
Yes — MeritKapital Ltd requires KYC (Know Your Customer) verification for account opening.
MeritKapital offers a maximum leverage of 50 according to the trading conditions provided. This leverage level is higher than the CySEC regulatory limit of 30, which may indicate different account types or conditions. Specific details on leverage tiers are not specified.
MeritKapital supports deposits and withdrawals via VISA, MasterCard, Visa Electron, bank wire transfers, and electronic transfers. Deposits are typically instant for cards and e-wallets, while bank wire withdrawals can take 1 to 5 business days. There are no broker fees for deposits or withdrawals, but third-party fees may apply.
MeritKapital Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 077/06. CySEC is an onshore regulator with a high transparency level and client fund insurance up to €20,000 through the Investor Compensation Fund. However, WIKILIX classifies MeritKapital as a suspicious clone, which suggests caution.
MeritKapital has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
MeritKapital holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by MeritKapital comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by MeritKapital has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
MeritKapital has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.