tabawan_dreamer 
1-2 years
Is Mercados G regulated by any financial authority?
Broker Issues
Regulation
05-20
United States
WikiFX
Reply
Mercados G operates without regulation, meaning there is no governing body overseeing its activities. This poses a significant risk for traders, as the lack of external oversight increases the chances of mismanagement and potentially fraudulent activities. While Mercados G offers competitive features like tight spreads and a user-friendly platform, the absence of regulation is a major concern. Personally, I prioritize safety when choosing a broker, and I would be hesitant to trade with an unregulated platform like Mercados G.
Similar Questions
Is BFC Forex safe and legit?
tabawan_dreamer 
05-11
Is Orfinex safe and legit to trade with?
maseko 
08-20
Is MyFundedFX a regulated broker?
Rojas 
06-07
Is Pinakine Liquidity Limited a safe and legit broker to trade with?
Rpy Sundram 
03-29
What are the pros and cons of NSFX in terms of regulation?
kennis2244 
02-25