About Meridian Finance
Background and Registration
Meridian Finance is registered in the United States, with a corporate address at 125 Maiden Lane, New York, NY 10038. According to registry records, the company was founded on January 23, 2024. Its official website is meridianfinance.info. However, as of our review, independent web searches did not confirm the legitimacy of this domain, and public information about the broker is scarce.
Regulatory Status
The broker purports to operate under the regulatory oversight of the National Futures Association (NFA). However, NFA records list the firm's status as 'Unauthorized'. This means that Meridian Finance is not a registered or regulated entity with the NFA. No other regulatory licenses from any jurisdiction were found. The absence of a legitimate regulatory licence is a critical risk factor.
Trading Services
According to the company's own description, Meridian Finance provides access to a variety of markets, including Forex currency pairs, cryptocurrencies, gold, indices, stocks, and commodities. The broker claims to offer low trading fees, but no specific details on spreads, commissions, or leverage were available from known sources. The lack of transparency on these key trading terms is concerning.
Risk Evaluation
FXCanary's proprietary risk assessment gives Meridian Finance a Scam Risk Score of 75 out of 100, classified as 'Severe'. This score is based on the absence of valid regulation, the unauthorized NFA status, and the lack of verifiable independent reviews or operational history. Traders should consider this score a strong warning about the potential dangers of depositing funds with this broker.
Investor Protection
Since Meridian Finance is not regulated by any major financial authority, clients have no access to investor protection schemes such as compensation funds or dispute resolution mechanisms. In the event of a dispute, traders would have limited legal recourse.
Conclusion
Meridian Finance appears to be a newly created brokerage with no verifiable regulatory oversight. The limited information available and the high risk score suggest that it is not a safe choice for retail traders. Until the broker provides clear, verifiable credentials and transparent operations, FXCanary advises against engaging with this firm.
Overview compiled by FXCanary from regulatory records and public data. full Meridian Finance review