Forex MercadosInvest Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

MercadosInvest Trading Conditions

Registered Region Saint Lucia

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@mercadosinvest.com

Contact Number +522261120009

Website mercadosinvest.com

Balanced Review

Pros & Cons

Pros

Diverse tradable assets including Forex, commodities, and cryptocurrencies
No trading fees, including deposits and withdrawals
Offers copy trading and social trading features
Mobile trading platform available for convenient access
Multiple customer support channels for user assistance

Cons

No valid regulatory oversight
Lacks demo account for practice
Limited transparency on account details
Does not support popular platforms like MT4 or MT5
User complaints about withdrawal issues

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	MercadosInvest	Fintrix Markets	Wisdom Financial Service	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Saint Lucia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does MercadosInvest Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low minimum deposit, user-friendly interface	Best for small-capital practice
Professional Account	Experienced traders	Higher leverage, access to advanced trading tools	Requires trading volume qualifications
Corporate Account	Corporate clients	Custom trading solutions, dedicated account management	Requires corporate documentation
Islamic Account	Traders requiring Sharia-compliant options	Swap-free, compliant with Islamic finance	Available upon request
Demo Account	All traders	Practice trading without risk, virtual funds	Not available at this time

Account Opening Process

To open an account with MercadosInvest, users must follow a straightforward process. Initially, you will need to submit personal information, including your name, contact details, and date of birth. Subsequently, employment and financial information must be provided, which may include your employment status and income details. Identity verification is crucial; you will need to upload a government-issued ID and proof of address, such as a utility bill. Once your documents are verified, your account can be set up, and you may have the flexibility to upgrade to a professional account later if your trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive rates
CFDs (Stocks)	0.15%	$0	No commission on trades
CFDs (Indices)	0.5%	$0	Varies by index
CFDs (Commodities)	1.0%	$0	Standard market rates
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

MercadosInvest does not impose trading fees, platform usage fees, or deposit and withdrawal fees. Furthermore, there are no inactivity fees or overnight interest charges (swap rates). However, users should be aware of potential currency conversion fees that may apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

MercadosInvest User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Lucas Martinez

Buenos Aires

★ ★ ★ ★ ★

I had a really frustrating experience with MercadosInvest. I tried to withdraw my funds after making some profits, but my withdrawal request was stuck in ‘pending’ for weeks. Customer support was unresponsive and didn’t provide any clear answers. It feels like they just want you to keep investing more money instead of letting you withdraw what’s yours.

Sofia Ramirez

Madrid

★ ★ ★ ★ ★

Overall, I’ve had a decent experience with MercadosInvest. The platform is user-friendly and I appreciate the speed of trades. Customer support was helpful when I had questions about the platform, but I did face some delays in response times. I like the social trading feature; it’s great for learning from other traders. Just wish they had a demo account to practice on before diving in with real money.

Carlos Gomez

Mexico City

★ ★ ★ ★ ★

This platform is a disaster. I was promised easy withdrawals, but I never received my money after multiple attempts. They kept asking me to invest more before I could access my funds. I feel scammed and recommend everyone to stay away from MercadosInvest. It’s not worth the risk.

Emily Johnson

Toronto

★ ★ ★ ★ ★

I’ve been trading with MercadosInvest for a few months now and I’m really impressed. The platform runs smoothly, and I love the variety of assets available for trading. The execution speed is fantastic – my trades go through almost instantly. I had a minor issue with an account verification, but customer service resolved it quickly. Great overall experience!

Saint Lucia Market