Is FXMerchant a fair Forex Broker?

FX Merchant is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, FX Merchant is a b-book broker (market maker). FX Merchant offers trading of currencies, indices, shares, ETFs, CFDs and commodities. FX Merchant is unregulated.

Broker quality: 30%