ANSWER Dear Investor,
Merkanda Markets is not a compliant trading broker.
Its website provides no verifiable regulatory information, only claiming to be registered in Saint Lucia. While we did locate the company in the Saint Lucia International Financial Centre (IFC) registry, this registration merely grants it International Business Company (IBC) status, not a financial services or forex trading license. Importantly, the Saint Lucia IFC does not regulate or authorize forex brokers.
Additionally, Merkanda Markets’ website appears incomplete and poorly maintained: several sections are non-functional or cannot be accessed, which is a common red flag among unregulated or fraudulent platforms.
Given the lack of proper licensing, we strongly advise you to exercise extreme caution and avoid engaging with Merkanda Markets.
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