Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
2Mercados is allegedly a financial services company registered in Ireland that claims to provide its clients with a web-based trading platform via eight different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that 2Mercados currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.35/10. Please be aware of the risk.
Account Types
2Mercados claims to offer eight types of trading accounts - Inicial, Basic, Basic+, Advanced, Pro, Pro+, Expert and Black, with minimum initial deposit requirements of $250, $2,500, $5,000, $10,000, $25,000, $50,000, $100,000 and $250,00 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less
Trading Platform Available
2Mercados website gives a link to Webtrader, however, it is broken. Whatever, it is advised for traders, especially for beginners to choose the brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
From the logos shown at the foot of the home page on 2Mercados official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Yandex, Alfa Bank, Maestro, MasterCard, Advcash, American Express, Sofort, MasterCard Secure Code, Postepay, Qiwi, UPayCard, Verified by Visa, Wire Transfer, Visa and Master Pay. The minimum initial deposit requirement with 2Mercados is said to be $250.
Bonuses
2Mercados website advertises offering a bonus of up to 50% on the first deposit. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.
Customer Support
2Mercados customer support can be reached by telephone: 35 316 994 454, email: support@2mercados.com, docs@2mercados.com or send messages online to get in touch. Company address: PARTNER FOR RECEPTION OF PAYMENTS MasterPay LTD, 60/89 Mir Jalal str., Baku, Azerbaijan.
Pros & Cons
Frequently Asked Questions (FAQs)
