MercadosInvest Review - Does It Support Copy or Social Trading? - WikiFX

WikiFX | 2025-04-27 15:02

Abstract：MercadosInvest is an unregulated broker which uses its own trading platform, and provides copy trading as well as social trading platforms.

MercadosInvestReview Summary
Founded	2024
Registered Country/Region	Saint Lucia
Regulation	No regulation
Market Instruments	Commodities, Currencies, Cryptocurrencies, Stocks, Indices
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	Mobile APP
Minimum Deposit	$250
Copy/Social Trading	✅
Customer Support	Contact 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 offered	Lack of regulation
Diverse tradable assets	No demo accounts
Multiple channels for customer support	Lack of transparency
No commission fees	No MT4 or MT5

Is 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 Platform	Supported	Available Devices	Suitable for
MercadosInvest APP	✔	Mobile	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Copy/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.