Mercantix

( 1.8 )
5 reviews
Suspicious
This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Bilingual website.
Accounts on 3 social networks.
Cons
No proof of legal entity registration.
License not confirmed.
Huge leverage of 1:500.
High entry threshold.
Uninformative website.
Partially hidden CFD trading conditions.
The platform has only been operational for about two months.

Company Background

The brokerage firm does not disclose its history or start date, but indicates the dates 2014-2025 in the footer of its official website. Besides, the brand allegedly belongs to Merc Investments PTY LTD, which has AFSL license No. 140 334 925 from the Australian Securities and Investments Commission (ASIC). However, there is no documentary evidence of the firm’s registration and regulation. As for the domain, it was only created on April 30, 2025.

We will conduct our own investigation into the broker’s activities in our Mercantix review. Join us!

Overview of Services and Trading Terms

According to the company, the website provides direct access to global financial markets and the necessary tools for professional trading. Mercantix claims that it strives to provide the best service to all its clients. In particular, clients can trade on the Webtrader platform.

Mercantix promises to provide negative balance protection to all traders.

The range of tariffs includes 5 options with variable spreads and a minimum account balance of $250 to $500K. In addition, you can use leverage from 1:100 to 1:500. Finally, the broker offers trading in commodities, more than 250 currency pairs, cryptocurrencies, and other assets. However, Mercantix does not disclose the size of commissions and other fees.

The broker reports the availability of a demo account, on which you can trade after registering an account. 

You will find the “Education” section on the mercantix.io website, which contains 4 articles on the basics of trading. If you deposit $25K into your account, you can use the services of a personal manager. On top of that, technical support is available 24/5, but you can use it 24/7 if you have a deposit of $100K or more.

Referral and Bonus Schemes

There is no mention of an affiliate program on the Mercantix website. There are no terms and conditions, no description of the structure, and no referral links are publicly available. There is also no mention of bonuses or prize promotions. In accordance with the company’s User Agreement, there are no references to special rewards for customer loyalty. Either the broker does not provide additional incentives for traders, or they are hidden.

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FAQ

Is there any income guarantee when trading with mercantix.io?

You will not find any guarantees of profit on this website. Please note that the broker warns everyone about possible losses when trading CFDs.

What sum is necessary to begin dealing with Mercantix?

You need at least $250 to start real trading with this company. We emphasize that these are the company's terms and conditions, taken from the official website, and not our advice.

What deposit and withdrawal methods are available?

The payment methods offered by the company include bank cards/transfers and cryptocurrency. The latter is the most risky, as digital transactions are not subject to chargebacks.

Is mercantix.io a legitimate website?

The statement about the regulation of this organization's activities, published on the website, has no documentary evidence. This is a very strong indication that Mercantix does not have a license from ASIC and is operating illegally.

Is it like roulette with no guarantee of earning money?

The main risk of working with this broker is not only the loss of money when trading CFDs, but also the lack of regulation. Therefore, if you deposit funds into your account on this platform, you will most likely not be able to get them back from the anonymous owners of the site.
Michael Glaz - Author on scamroulette.com
Michael Glaz

I have verified that Merc Investments PTY LTD, which allegedly owns this platform, is indeed listed in the Australian registry and was founded in 2007. I would like to point out that it has nothing to do with the subject of our investigation. It is a large firm that manufactures rubber production equipment, not a brokerage company. In addition, the Terms of Use, which mention Advenza Limited, based in the British Virgin Islands, as well as the jurisdiction of Saint Kitts and Nevis, where Mercantix’s brokerage activities are allegedly regulated, are also clearly fake.

Overall Score

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1.8/5
OVERALL

Based on 5 votes

5 reviews about Mercantix

  • Carl Smith
    1 review
    27.06.2025 04:38
    Scammers tricked me out of my money

    Fellow traders, well, I did a great job. I seriously invested $5k in a Mercantix account, thinking that I was about to “add ease and confidence to my trading,” but because of my naivety, I started losing my deposit on this garbage site. I’m a fool for not even bothering to Google who they are, whether they have a license, where they are located, or at least check their address… but I should have done that! Because now I wouldn’t be sitting here with sadness in my eyes, thinking, “Where’s my money?” As it turned out, Mercantix’s “license” was a complete fake. This broker does not exist in Australia; it’s just role-playing cosplay on an honest platform. They took data from another company, made up fairy tales for fools, and went looking for gullible guys like me. Take a close look at the website, it looks like a copy-paste from other dubious pseudo-brokers, there are no texts, only screenshots. In fact, they are crooks, they are simply robbing people under the guise of a trading company. There is no support, no hint of withdrawal of funds on mercantix.io, in a word, there is nothing. I can’t even believe that in 2025 I fell for such a cheap scam, it’s like some kind of stupid dream… However, this could happen to any of you. Don’t be like me — at least check who is at the helm of the company before investing money in a “promising project.” Mercantix is not a trading company, it is a scam that convinces you how wonderful it is and how little chance there is of losing money with them.

  • Cynthia S.
    1 review
    23.06.2025 23:52
    The broker has serious problems with the terminal

    I traded for about a month and quickly gave up because the platform is unstable and I lost €870 👎 By the way, my provider has nothing to do with it — I have high-speed internet. I don’t know what will happen next — maybe the situation will improve here, but I have neither the time, nor the desire, nor even the patience to wait for that

  • Anthony
    1 review
    19.06.2025 04:09
    I am disappointed

    I would never have thought that this seemingly decent company with an Australian license could behave dishonestly and manipulate quotes. However, they have clearly shown in their work what their promises of reliability are really worth

  • Lewis
    1 review
    12.06.2025 03:02
    Experienced swindlers

    These crooks deliberately lured me into a trap. First, they persuaded me to accept a bonus, even though there are no such offers on the website. Then, when I lost half of my $2,600 and wanted to withdraw the rest from MERCANTIX, they said that I hadn’t worked out the required turnover to be able to leave. These scoundrels delayed the withdrawal, citing some technical problems. Then they suddenly wanted to check my KYC again, because they didn’t like something there. MERCANTIX managers also convinced me to leave the money there for now, saying they would provide an analyst who would help me make a lot of money on news trading. Unfortunately, only a small portion of the funds were withdrawn, and the “analyst” helped me lose the rest. I will never visit mercantix.io again!!!

  • Jose Smith
    1 review
    09.06.2025 22:40
    I think you can trade consistently here

    An old friend of mine brought me here, a trader with a lot of experience whom I trust. He recommended mercantix.io to me as a promising broker for active trading, and I saw right away that everything looked decent. You can work comfortably and really make money here. mercantix staff immediately offered me a personal consultant who explained the terms and conditions and helped me set up my account. I liked that the minimum deposit is affordable, the market entry is fast, and I don’t have to spend a lot of time figuring things out. I should note that the spreads are not very narrow on mercantix.io, but they are quite acceptable for a medium-term strategy. In addition, the trading platform is simple, without unnecessary functionality, and easy to navigate. It is a WebTrader that works stably, without delays, and orders are opened clearly, without freezing. Consultants are always available, respond quickly, and help with questions about strategy and the market situation. The information sent out in the news and analytics is especially useful — you can react in time and not miss the moment for a profitable deal. Of course, every broker has its own nuances, but compared to many others, mercantix has proven to be a perfectly functional platform for those who want to make money and not waste time on unnecessary bureaucracy. If you don’t expect miracles and approach the matter with a cool head, then you can trade here.

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Broker Profile

Date of foundation
Since 2014
License
No
Leverage
1:500
Demo account
Yes
Order Execution Model
DD
Minimum deposit
$250
Trading Platforms
Basic, Mobile compatibility
Leverage Options
High leverage (e.g., 1:500)
Range of Instruments
Moderate range
Customer Support
Limited hours support
Regulatory Status
Offshore regulated
Account Types
Limited account types (only two or three options)

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