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MercadosInvest foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.mercadosinvest.com/register, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia..

MercadosInvest Forex Broker

Basic Information

Registered Region
Saint Lucia
Operating Period
--
Company Name
SmartServe Ltd
Abbreviation
MercadosInvest
Company employee
--
Customer Service Email Address
support@mercadosinvest.com
Contact Number
+522261120009
Company address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

MercadosInvestReview Summary Founded2024 Registered Country/RegionSaint Lucia RegulationNo regulation Market InstrumentsCommodities, Currencies, Cryptocurrencies, Stocks, Indices Demo Account❌ Leverage/ Spread/ Trading PlatformMobile APP Minimum Deposit$250 Copy/Social Trading✅ Customer SupportContact form Tel: +52 22 6112 0009 Email: support@mercadosinvest.com Registered address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. MercadosInvest was registered in 2024 in Saint Lucia, which focuses on commodities, currencies, cryptocurrencies, stocks, and indices markets. It uses its own trading platform, and it provides copy trading as well as social trading platforms. However, this company is not regulated, and it does not reveal details of accounts.Pros and Cons Pros Cons Copy/social trading offeredLack of regulation Diverse tradable assetsNo demo accounts Multiple channels for customer supportLack of transparency No commission feesNo MT4 or MT5Is MercadosInvest Legit? No, MercadosInvest is not regulated by financial regulatory authorities in Saint Lucia, which means the company lacks regulation from its registration site. Therefore, please be aware of the potential risks!What Can I Trade on MercadosInvest? MercadosInvest provides several types of products, including commodities, currencies, cryptocurrencies, stocks, and indices. Tradable Instruments Supported Currencies✔ Commodities✔ Indices✔ Stocks✔ Cryptocurrencies✔ Bonds❌ Options❌ ETFs❌MercadosInvest Fees MercadosInvest does not charge any trading fees, platform usage fees, deposits and withdrawals fees. Besides, it does not charge “overnight fees” either.Trading Platform MercadosInvest uses its own trading platform, which can be used on mobile devices. It should be noted that MercadosInvest does not support MT4 or MT5. Trading PlatformSupported Available Devices Suitable for MercadosInvest APP✔Mobile/ MT4❌/Beginners MT5❌/Experienced tradersCopy/Social Trading MercadosInvest provides copy trading and social trading platforms, which enable clients to follow top traders and learn from their trading strategies. Besides, they can share their insights whenever they want to.

Rating Index

  

MercadosInvest Forex Broker - Complete Information Guide

  

1. Broker Overview

  MercadosInvest, officially known as Smart Serve Ltd, was established with the aim of providing a comprehensive online trading platform for investors seeking to expand their financial portfolios. The company is headquartered on the ground floor of the Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. As a private entity, MercadosInvest focuses on delivering a range of investment services to individual traders and institutional clients alike.

  The broker primarily serves clients interested in forex trading, offering a variety of currency pairs and other financial instruments. Since its inception, MercadosInvest has made significant strides in the online trading landscape, positioning itself as a platform for both novice and experienced traders. The company emphasizes accessibility and user-friendly trading experiences, catering to a diverse clientele.

  MercadosInvest operates under a business model that includes retail forex trading, providing users with tools and resources to manage their investments effectively. The platform aims to foster a trading environment that encourages growth and financial literacy among its users.

  

2. Regulatory and Compliance Information

  MercadosInvest is not regulated by any major financial authority, which raises significant concerns regarding its legitimacy. The absence of oversight from reputable regulatory bodies such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC) is a critical factor for potential investors to consider. The lack of regulatory licensing can expose clients to various risks, including potential financial mismanagement or fraudulent practices.

  The company does not provide any verifiable regulatory credentials, further complicating its standing in the financial market. As a result, investors are strongly advised to conduct thorough research and exercise caution before committing funds to MercadosInvest.

  In terms of compliance measures, the broker lacks a clear framework for Know Your Customer (KYC) and Anti-Money Laundering (AML) practices, which are essential for ensuring the security of client funds and the integrity of the trading environment.

  

3. Trading Products and Services

  MercadosInvest offers a diverse range of trading products, primarily focusing on forex trading. The platform provides access to numerous currency pairs, catering to traders interested in both major and minor currencies. In addition to forex, MercadosInvest includes Contracts for Difference (CFDs) on various instruments, including:

  • Indices: Major global indices for those seeking to diversify their investment portfolios.
  • Commodities: Opportunities to trade in precious metals and energy commodities.
  • Stocks: Access to shares of publicly traded companies.
  • Cryptocurrencies: A selection of popular cryptocurrencies for trading.

  The broker regularly updates its product offerings, aiming to introduce new instruments that align with market trends and client demands. Retail trading services are complemented by resources designed to assist traders in making informed decisions, while institutional clients can benefit from tailored solutions.

  

4. Trading Platforms and Technology

  MercadosInvest supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their robust functionalities and user-friendly interfaces. These platforms provide traders with advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs).

  In addition to MT4 and MT5, MercadosInvest has developed its own proprietary trading platform, which is designed to enhance the trading experience with streamlined navigation and real-time data. The broker also offers a web-based trading platform, ensuring that clients can access their accounts from any device without the need for software installation.

  Mobile trading is supported on both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The execution model employed by MercadosInvest includes Market Making, which can impact the pricing and speed of order execution.

  The broker's technical infrastructure is built on reliable servers, ensuring minimal downtime and efficient trade execution. API access is also available for clients interested in automated trading solutions, facilitating seamless integration with third-party trading tools.

  

5. Account Types and Trading Conditions

  MercadosInvest offers several account types to cater to different trading needs. The key account conditions include:

  • Standard Account: Minimum deposit requirements, competitive spreads, and no commission fees.
  • VIP Account: Designed for high-volume traders, this account type offers lower spreads and exclusive benefits.
  • Islamic Account: Available for clients who require a swap-free trading environment in compliance with Sharia law.
  • Demo Account: A simulated trading environment for beginners to practice without financial risk.

  The leverage offered by MercadosInvest varies by account type, with ratios typically ranging from 1:100 to 1:500, depending on the asset class. The minimum trade size is generally set at 0.01 lots, allowing for flexible trading strategies. Overnight fees may apply, and these are clearly outlined in the account terms.

  

6. Fund Management

  MercadosInvest supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with standard accounts typically requiring a lower initial investment.

  Deposit processing times are generally swift, with most transactions being completed within 24 hours. However, clients should be aware of potential fees associated with deposits, which can vary based on the payment method used.

  Withdrawal methods include similar options, with specific limitations based on the account type. Withdrawal processing times can range from 1 to 5 business days, depending on the method chosen. Additionally, the broker may impose fees on withdrawals, which should be reviewed in the account terms.

  

7. Customer Support and Educational Resources

  MercadosInvest provides customer support through multiple channels, including phone, email, live chat, and social media. The support team operates during business hours, accommodating clients across various time zones.

  The broker offers multilingual support, catering to a diverse client base. Educational resources are available in the form of webinars, tutorials, and e-books, aimed at enhancing traders' knowledge and skills.

  Market analysis services are also provided, including daily insights, news updates, and research reports to keep traders informed of market trends. Furthermore, the platform offers trading tools such as calculators and economic calendars to assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  MercadosInvest primarily targets markets in Latin America, with a focus on attracting clients from various countries in the region. The broker has established regional offices to support its operations and enhance client relations.

  However, it is important to note that MercadosInvest does not accept clients from certain jurisdictions, including the United States and other countries where regulatory restrictions may apply. The broker's terms of service clearly outline these limitations, ensuring compliance with local laws and regulations.

  In conclusion, while MercadosInvest presents itself as a viable trading platform, potential investors should carefully consider the lack of regulation and conduct thorough due diligence before engaging with the broker. The absence of oversight can pose significant risks, and it is advisable to explore regulated alternatives to safeguard investments.

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Latest Reviews

Fabricio Escobar

Fabricio Escobar

Argentina

I don't see the funds invested in my account, I need an answer as to the status of the account 👇

Exposure

03-31

FX5151801242

FX5151801242

Argentina

I put it to withdraw in the fund, it says successful, then it appears pending, they don't let you withdraw, they want you to deposit more money. That's not all because they attract you with buying YPF shares, you enter with confidence and then they want you to invest in the stock market👮

Exposure

01-13

MercadosInvest Forex Broker has an overall rating of 1.24, Regulatory Index 0.00, License Index 0.00, Business Index 4.91, Software Index 4.00 Risk Control Index 0.00.
MercadosInvest