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merge global-assets

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Is Merge Global Assets regulated
Shushan Castelino
Slovakia
2023-09-22
ANSWER No, Merge Global Assets is not regulated.The website of Merge Global Assets claims that it was established in 2019. However, its domain "mergeglobalassets.com" was only registered in November 2022. This discrepancy between the website's age and the broker's history is a sign of suspicion.Furthermore, the broker does not have a valid license to offer forex services in the UK. It only shows a certificate of incorporation from the Companies House (CH), which is not sufficient to prove its legitimacy. The broker also needs to get an approval from the Financial Conduct Authority (FCA), the regulator of financial services in the UK. However, the FCA has warned that Merge Global Assets is an unregulated firm that is illegally targeting UK residents. You can access the full FCA warning here.Therefore, BrokersView strongly suggests investors stay away from Merge Global Assets which carries significant risks. Individuals dealing with the platform are exposed to fraud and identity theft, and there are no rules in place to safeguard them. If the platform goes out of business or absconds, its clients may not be able to retrieve their funds or get compensation. To avoid this disaster, it is advisable to choose a fully regulated broker instead.
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