Global Broker Regulation Inquiry App
WikiFX
kennis2244 
1-2 years
Does MercadosInvest have any cons?
Broker Issues
Regulation
08-01
United States
WikiFX
Reply
Yes, several. The biggest downside for me is the lack of regulation, which instantly raises the risk level. They also don’t offer MT4 or MT5, which I’m more comfortable with, and there’s no demo account to test the waters first. On top of that, they haven’t been transparent about leverage, spreads, or account types, which makes it harder for me to evaluate the trading conditions.
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