Mekness
Mekness Broker Overview
Here is every key fact about Mekness in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Mekness |
|---|---|
| Broker name | Mekness |
| Foundation year | 2020 |
| Headquarters | First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100, St. Vincent and Grenadines. |
| Country | St. Vincent and Grenadines |
| Telephone | +1 631 892 6178 |
| Email / Skype | info@mekness.com |
| Fax | +1 631 892 6179 |
| Regulated by | Mekness LLC incorporated with company number 524 LLC 2020 |
| Type of broker | ECN/STD |
| Min. deposit | $10 |
| Max leverage | 1:500 |
| Min. spreads | 0.0 Pips |
| Funding methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill, Paypal, MoneyBookers, MasterCard, Cashu, Cryptocurrency |
| Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill, Paypal, MoneyBookers, MasterCard, Cashu, Cryptocurrency |
| Base currencies | USD, GBP, EUR |
| Languages | English |
| Trading platforms | MetaTrader-5 Desktop, MetaTrader-5 Mac, MetaTrader-5 Android, MetaTrader-5 iPhone |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | 50 USD Forex No Deposit Bonus |
| Promotion | 10% Deposit Bonus up to $5000 |
In simple words: traders get MetaTrader-5 Desktop and MetaTrader-5 Mac, spreads from 0.0 Pips, leverage up to 1:500 and a $10 minimum deposit. New clients can also check the current 10% Deposit Bonus up to $5000. Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs.
Is Mekness Safe? Regulation and Company Details
Mekness is a regulated broker. Mekness LLC incorporated with company number 524 LLC 2020. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Mekness LLC incorporated with company number 524 LLC 2020
Head office
First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100, St. Vincent and Grenadines. (St. Vincent and Grenadines)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2020. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
Mekness Trading Conditions
Spreads and commissions
Mekness spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader-5 Desktop
Desktop platform
MetaTrader-5 Mac
MacOS platform
MetaTrader-5 Android
Mobile platform
MetaTrader-5 iPhone
Mobile platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
Mekness Account Types
Mekness offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $10 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, GBP, EUR. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Mekness
Mekness supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Mekness Bonus and Promotions
Bonuses are a big reason traders search for Mekness. Availability depends on your country and the account type.
- 10% Deposit Bonus up to $5000 — the current promotion for Mekness clients. Check the volume rules before you claim it.
- 10% Deposits Welcome Bonus — welcome offer for new accounts.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Mekness website before accepting any offer.
Mekness Pros and Cons
Pros
- Regulated: Mekness LLC incorporated with company number 524 LLC 2020
- 10% Deposit Bonus up to $5000
- Low $10 minimum deposit
- Spreads from 0.0 Pips, ECN/STD execution
- MetaTrader-5 Desktop and MetaTrader-5 Mac and more platforms
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- Bonus comes with trading-volume rules
How to Open a Mekness Account
- RegisterFill in your name, email, country and phone number on the Mekness sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MetaTrader-5 Desktop / MetaTrader-5 Mac).
- Fund and tradeDeposit from $10 with your preferred method, claim any eligible bonus, then log in and start trading.
About Mekness
Mekness Review: Overview
Mekness is a forex and CFD broker that operates as an ECN/STD broker. It was established in 2020 and is based in St. Vincent and Grenadines. The company offers access to a range of markets through MetaTrader 5, with a low minimum deposit, a free demo account and several account types, including Islamic and swap-free options. This review covers the main features of Mekness so you can judge whether it suits your trading style.
Mekness is a relatively young company, so it helps to look closely at its structure, safety measures and terms before you open an account. The sections below explain what the broker offers, what is still unclear and what you should check on the official website yourself.
Regulation and Safety
Mekness LLC is the company behind the brand. It is incorporated in St. Vincent and Grenadines under company number 524 LLC 2020. The head office is located at First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100, St. Vincent and Grenadines.
Incorporation is not the same as a financial licence. The information available for this review does not name a financial regulator that supervises Mekness, so you should not assume the broker is licensed to the standards of a major regulatory authority. Before you deposit, look for the licence details on the official website, check the regulator's public register yourself and read the legal documents that set out which entity holds your funds and under which rules.
Mekness states that client funds are segregated. Segregation means client money is kept apart from the company's own operating funds. This is a useful safeguard, but it does not guarantee that you will recover money if the broker fails, so it should be one factor among several.
Account Types
Mekness offers a number of account types designed for different kinds of traders:
- Free demo account: lets you practise with virtual funds before risking real money. This is a good way to learn the platform and test a strategy.
- Mini accounts: aimed at traders who want to start with smaller positions.
- VIP accounts: designed for more experienced or higher-volume clients. Check the official website for the specific requirements and benefits.
- Islamic accounts: trading accounts that follow Sharia principles, with no overnight swap charges.
- Swap-free accounts: accounts without swap charges on positions held overnight.
- Managed accounts: accounts where a professional manages trades on the client's behalf.
Account base currencies are USD, GBP and EUR. Choosing a base currency that matches your deposit currency can reduce conversion costs, so think about this before you open an account.
Trading Platforms
Mekness provides MetaTrader 5 on several devices. You can use MetaTrader 5 Desktop, MetaTrader 5 for Mac, MetaTrader 5 for Android and MetaTrader 5 for iPhone. Web trading is also available, so you can trade from a browser without installing software, and mobile trading lets you monitor and manage positions away from your desk.
MetaTrader 5 is widely used in the industry and supports charting tools, technical indicators and automated trading. If you are already familiar with MetaTrader, the learning curve will be short. If you are new to trading, spend time in the demo account first.
Spreads, Fees and Leverage
Mekness advertises spreads from 0.0 pips. A spread is the difference between the buy and sell price of an instrument, and it is one of the main costs of trading. Spreads at 0.0 pips are a starting point, not a fixed cost, because spreads usually widen during volatile market conditions, around news events and at quieter times of the day. The actual spread you pay depends on the instrument, the account type and market conditions at the time you trade.
Maximum leverage is 1:500. Leverage lets you control a larger position with a smaller amount of capital, which can magnify both profits and losses. Leverage may be lower depending on your country and account type. High leverage is one of the main reasons many retail traders lose money quickly, so using it carefully matters more than the maximum figure.
The minimum deposit is 10. This is a low entry point, but a small balance leaves little room for error. Check the official website for any fees on deposits, withdrawals, inactivity or currency conversion, as these are not covered in the information used for this review.
Markets and Trading Rules
Mekness gives access to forex currencies, commodities, indices, stocks, bonds, futures, exchange stocks and exchange-traded funds. This range lets you diversify beyond currency pairs, although each market has its own risks, costs and trading hours.
The broker allows hedging and scalping, and it permits news trading. These rules may suit certain strategies, but they are not the same at every broker. Read the terms of service to confirm how these rules apply to your account type, especially if you plan to trade around major economic announcements.
Deposits and Withdrawals
Mekness accepts deposits by Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill, PayPal, MoneyBookers, MasterCard, Cashu, Cryptocurrency and more. Withdrawals are available through the same list of methods.
A wide choice of payment methods is convenient, but availability can depend on your country and the currency of your account. Processing times and any charges from the broker or the payment provider can differ, so check these before you move money. Some methods may also have limits, and it is worth confirming them on the official website.
Bonuses and Promotions
Mekness currently lists three promotions:
- 10% Deposits Welcome Bonus: a welcome offer linked to your first deposit.
- 50 USD Forex No Deposit Bonus: a bonus that does not require a deposit to claim.
- 10% Deposit Bonus up to $5000: a deposit bonus with a maximum amount of $5,000.
Bonuses often come with conditions, such as trading volume requirements, withdrawal restrictions or time limits. Bonus terms can change, so always read the full conditions before you deposit or claim an offer. A bonus is not free money: if the conditions are hard to meet, it may not be worth taking.
If you want to compare bonus offers across brokers, these guides may help:
Customer Support
The information used for this review does not describe Mekness's customer support channels, opening hours or response times. Website content is available in English. Before you open an account, check the official website for the support options, such as email, live chat or telephone, and test them with a simple question to see how quickly and clearly they respond.
Pros and Cons
Pros
- Low minimum deposit of 10.
- Maximum leverage of up to 1:500 for traders who want it.
- Spreads advertised from 0.0 pips.
- MetaTrader 5 available on desktop, Mac, Android, iPhone and web.
- Wide range of markets, including forex, commodities, indices, stocks, bonds, futures and ETFs.
- Several account types, including Islamic, swap-free, mini, VIP and managed accounts.
- Free demo account for practice.
- Stated segregation of client funds.
- Many deposit and withdrawal methods.
- Account base currencies in USD, GBP and EUR.
Cons
- The regulatory supervision of the broker is not clearly stated in the information available, so you need to verify the licence yourself.
- The company is relatively young, having been established in 2020.
- Leverage of up to 1:500 increases the risk of rapid losses.
- Spreads and fees may vary with market conditions, and some charges are not listed in the available information.
- Bonus conditions can be complex and may change.
- Customer support details are not described in the available information.
- Website content is available only in English.
Verdict
Mekness offers a lot on paper: a low minimum deposit, MetaTrader 5 across devices, a broad choice of markets, several account types and a free demo. Those features make it worth a look for traders who want flexibility and a low starting cost.
The main question is safety. Incorporation details are provided, but you should confirm the regulatory status and the terms of your account before depositing. Look at the official website for fees, support options and current bonus conditions, and test the platform on a demo account first.
Risk warning: trading forex and CFDs on leverage carries a high risk of losing money. Only trade with funds you can afford to lose, and make
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Mekness?
Mekness offers a $10 entry cost, MetaTrader-5 Desktop / MetaTrader-5 Mac platforms and a track record since 2020.
Mekness suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
