Home Forex Brokers Mercados G

Mercados G

7.5 / 10 Overall Score

Website: http://www.mercadosg.com
Jurisdiction: Chile
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

Business
Software

Company & Contact

Legal Name: Mercados G
Phone: —
Email: —
Address: Alonso de Córdova 5870 oficina 719, Las Condes

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Mercados G Company Overview

**Core Description** 
Mercados G company is a financial services firm based in Chile, specializing in online trading, investment services, and contract for difference (CFD) trading. The company provides access to a variety of financial instruments, including forex, commodities, and indices, primarily through the MetaTrader 5 trading platform.

**Founding Year and Company Background** 
Founded on January 1, 2009, Mercados G has established itself as a player in the financial services sector, focusing on providing trading solutions to clients across various markets.

**Headquarters and Regional Offices** 
The headquarters of Mercados G is located in Las Condes, Santiago, Chile. The exact address is Alonso de Córdova 5900, Office 602, Las Condes.

**Summary of Global Business Scope and Primary Operations** 
Mercados G operates primarily in the Latin American region, offering trading services that cater to both retail and institutional clients. The company claims to provide access to over 10,000 assets across major financial markets globally.

# Corporate Development

**Historical Timeline or Notable Growth Stages** 
Since its inception in 2009, Mercados G has evolved from a local trading platform to a more comprehensive financial services provider. However, specific milestones regarding expansion or significant growth stages are not detailed in the available data.

**Key Milestones** 
The company has positioned itself as a boutique broker in Latin America, emphasizing its partnerships with established financial institutions, such as CMC Markets, which is regulated by the FCA in the United Kingdom.

**Regional or Product Diversification** 
Mercados G has diversified its offerings to include various financial instruments, catering to a broad range of investment needs, although specific details on diversification strategies are not provided.

# Regulation and Compliance

**All Known Regulatory Licenses and Corresponding Authorities** 
Mercados G is noted to be unregulated, lacking valid regulatory licenses. This raises concerns regarding its operational legitimacy and the safety of client funds.

**Client Fund Protection Policies** 
The company does not provide insurance for client funds, and there are no indications of segregated accounts, which is a significant risk for investors.

**Compliance Framework** 
There is no detailed information available regarding the compliance framework or transparency measures adopted by Mercados G.

**Countries or Regions of Authorization and Restriction** 
The company operates in Chile but is not authorized by any major regulatory body known for ensuring investor protection, which limits its credibility in the global market.

# Global Presence and Market Coverage

**Primary Geographic Markets Served** 
Mercados G primarily serves clients in Latin America, with a focus on the Chilean market.

**Local Branches or Representative Offices** 
Information regarding local branches or representative offices outside of Chile is not provided.

**Partnerships or Regional Strategic Initiatives** 
The company has formed partnerships with CMC Markets, which enhances its service offerings, particularly in providing access to a wider range of financial products.

# Financial and Operational Data

**Size of Operations** 
The company employs approximately 15 individuals, indicating a relatively small operational scale within the competitive financial services sector.

**Technology or Infrastructure Investments** 
Mercados G utilizes the MetaTrader 5 platform for trading, which is a well-regarded trading solution in the industry. However, specific details regarding infrastructure investments are not disclosed.

# Reputation and Industry Standing

**Perception Within the Forex and Financial Community** 
Mercados G faces significant scrutiny and negative reviews within the forex trading community, with multiple sources labeling it as potentially fraudulent or a scam. The lack of regulation and issues with fund withdrawals have contributed to this perception.

**Publicly Available Reviews, Ratings, or Analyst Mentions** 
The company has received low ratings and warnings from various review platforms, advising potential clients to exercise caution due to its unregulated status and operational practices.

**General Credibility and Long-Term Reputation** 
Overall, Mercados G's credibility is questioned due to its unregulated nature and the negative experiences reported by users, which could adversely affect its long-term reputation in the financial services market.

# Summary

In summary, Mercados G company is a Chilean financial services firm that has been operational since 2009, focusing on online trading and investment services. However, it operates without proper regulatory oversight, raising significant concerns about the safety of client funds and overall operational integrity. The company's lack of regulation, negative reviews, and issues related to fund withdrawals highlight the risks associated with engaging in trading activities with Mercados G. Potential investors are advised to conduct thorough due diligence before considering any financial engagements with the company.

Account Types

# Mercados G Account Types

Mercados G offers a variety of account types to cater to different trading needs. Below is an overview of the available account types:

### 1. Standard Account
- **Minimum Deposit Requirement:** $250
- **Spreads:** Starting from 1.6 pips
- **Commission Model:** Zero
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** 650+ (forex, metals, DMA futures, index CFDs, energy CFDs, international stocks)
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** STP/ECN
- **Unique Features:** Segregation and protection of funds, mobile trading, auto trading, hedging, and scalping allowed.

### 2. Pro Account
- **Minimum Deposit Requirement:** $2,500
- **Spreads:** Starting from 0.6 pips
- **Commission Model:** $12 per standard lot
- **Leverage Limits:** Up to 1:400
- **Trading Instruments Available:** 250+
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** STP/ECN
- **Unique Features:** Designed for experienced traders, fast execution, and trading anonymity.

### 3. VIP Account
- **Minimum Deposit Requirement:** $100,000
- **Spreads:** Starting from 0.6 pips
- **Commission Model:** Zero
- **Leverage Limits:** Up to 1:400
- **Trading Instruments Available:** 80+ (currencies, commodities, indices, stocks, cryptocurrencies)
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** ECN/STP
- **Unique Features:** Enhanced trading conditions, suitable for high-volume traders.

### 4. Demo Account
- **Minimum Deposit Requirement:** N/A
- **Spreads:** N/A
- **Commission Model:** N/A
- **Leverage Limits:** N/A
- **Trading Instruments Available:** Similar to live accounts (forex, indices, commodities)
- **Base Currencies Supported:** N/A
- **Execution Model:** Simulated environment
- **Unique Features:** Unlimited duration, virtual funds for risk-free practice, access to educational resources.

# Mercados G Broker Account Opening Process

To open an account with Mercados G, follow these steps:

1. **Visit the Account Registration Page:**
- Navigate to the Mercados G website and locate the account registration section.

2. **Complete the Registration Form:**
- Fill in personal details such as name, email address, phone number, and country of residence.

3. **KYC/Identity Verification:**
- Submit required identification documents (e.g., passport, driver’s license) and proof of residence (e.g., utility bill, bank statement).

4. **Verification Process:**
- Wait for the broker to verify your identity. This may take a few business days.

5. **Initial Deposit:**
- Fund your account with the minimum deposit required for your chosen account type.

6. **Approval Time:**
- Once your account is verified and funded, you will receive access to the trading platform.

7. **Demo or Professional Account Setup (Optional):**
- If you wish to open a demo account, follow the specified procedures for demo registration or transition from a demo to a live account.

8. **Start Trading:**
- After approval, log in to the trading platform and begin trading.

Deposit & Withdrawal

# Mercados G Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Mercados G Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit required to open an account with Mercados G is typically around $250. This amount may vary based on the account type and specific regional regulations.

### Account-Type Comparison
Mercados G may offer different account types, each with varying minimum deposit requirements. Standard accounts usually require the minimum deposit, while premium or professional accounts might demand higher initial investments.

### Regional Differences
The minimum deposit can differ depending on the trader's location. For instance, traders in certain regions may find that they can open an account with a lower minimum deposit due to local promotions or regulatory incentives.

### Advantages
1. **Low Entry Barrier**: The $250 minimum deposit allows new traders to start with a manageable investment.
2. **Multiple Account Types**: Different account types cater to varying levels of trading experience and investment sizes.
3. **Diverse Trading Options**: Access to multiple asset classes, including forex and cryptocurrencies.
4. **Potential for Bonuses**: Some regions may offer promotional bonuses for first-time deposits.

### Disadvantages
1. **Limited Features for Basic Accounts**: Lower-tier accounts may lack advanced features available to higher-tier accounts.
2. **Withdrawal Restrictions**: Early withdrawals may incur fees or penalties, depending on the account type.
3. **Increased Risk**: A low minimum deposit might encourage inexperienced traders to invest more than they can afford to lose.
4. **Account Maintenance Fees**: Some accounts may have maintenance fees that can diminish trading capital.

### Competitor Comparison
When compared to other brokers, Mercados G's $250 minimum deposit is competitive. Many brokers require higher initial investments, particularly for accounts that offer similar features and asset access.

## Mercados G Deposit Methods Comprehensive Guide

### List of Deposit Methods
1. **Bank Transfer**
- **Processing Time**: 1-3 business days.
- **Fees**: Typically free from Mercados G, but bank fees may apply.
- **Availability**: Widely available.
- **Limits**: Minimum deposit of $250.
- **Pros**: Secure and widely accepted.
- **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
- **Processing Time**: Instant to 1 business day.
- **Fees**: No internal fees from Mercados G; potential bank fees.
- **Availability**: Commonly accepted.
- **Limits**: Minimum deposit of $250.
- **Pros**: Fast processing and ease of use.
- **Cons**: May incur cash advance fees from banks.

3. **E-Wallets (e.g., Skrill, Neteller)**
- **Processing Time**: Instant.
- **Fees**: Varies by provider; Mercados G does not charge extra.
- **Availability**: Available in many regions.
- **Limits**: Minimum deposit of $250.
- **Pros**: Quick transactions and enhanced security.
- **Cons**: Some e-wallets may charge fees for deposits.

4. **Cryptocurrency**
- **Processing Time**: Instant to a few hours, depending on network traffic.
- **Fees**: Low transaction fees; Mercados G does not charge extra.
- **Availability**: Depends on regional regulations.
- **Limits**: Varies by cryptocurrency.
- **Pros**: High anonymity and low fees.
- **Cons**: Volatility in cryptocurrency value may affect deposits.

5. **Local Payment Options**
- **Processing Time**: Varies by method.
- **Fees**: Generally low or none.
- **Availability**: Specific to certain regions.
- **Limits**: Minimum deposit of $250.
- **Pros**: Convenient for local traders.
- **Cons**: Limited options compared to international methods.

### Supported Currencies and Recommended Methods
Mercados G supports multiple currencies, including USD, EUR, GBP, and others. For quick deposits, credit/debit cards and e-wallets are recommended due to their instant processing times.

## Mercados G Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log In to Your Account**: Access your Mercados G trading account.
2. **Navigate to the Deposit Section**: Click on the “Deposit” option in the dashboard.
3. **Select Your Deposit Method**: Choose from the available deposit methods.
4. **Enter Deposit Amount**: Specify the amount you wish to deposit (minimum $250).
5. **Confirm the Transaction**: Review the details and confirm your deposit.

### Mobile vs Web Differences
The deposit process is similar on mobile and web platforms, though the mobile app may have a more streamlined interface. Ensure you have a stable internet connection regardless of the platform used.

### KYC Notes and Common Issues with Solutions
Before making a deposit, ensure that your account is verified as per KYC (Know Your Customer) regulations. Common issues include:
- **Verification Delays**: Ensure all documents are clear and submitted promptly.
- **Payment Method Rejections**: Double-check that the payment method is in your name.

### Typical Fund Crediting Times
Funds are typically credited to your trading account within 1-3 business days, depending on the method used. E-wallets and credit/debit cards offer the fastest processing times.

## Mercados G Withdrawal Methods Overview

### All Available Withdrawal Channels
1. **Bank Transfer**
- **Processing Time**: 2-5 business days.
- **Fees**: May incur bank fees; no fees from Mercados G.
- **Limits**: Withdrawals must be at least $10.
- **Pros**: Secure and reliable.
- **Cons**: Slower processing time.

2. **Credit/Debit Cards**
- **Processing Time**: 1-3 business days.
- **Fees**: No internal fees; potential bank fees.
- **Limits**: Up to the amount deposited via card.
- **Pros**: Quick and straightforward.
- **Cons**: Limited to the amount originally deposited.

3. **E-Wallets (e.g., Skrill, Neteller)**
- **Processing Time**: 1 business day.
- **Fees**: Varies by provider; no extra fees from Mercados G.
- **Limits**: Minimum withdrawal of $10.
- **Pros**: Fast and convenient.
- **Cons**: May require verification documents.

4. **Cryptocurrency**
- **Processing Time**: Instant to a few hours.
- **Fees**: Low fees; Mercados G does not charge extra.
- **Limits**: Varies by the cryptocurrency.
- **Pros**: High anonymity.
- **Cons**: Value fluctuations may affect withdrawal amounts.

### Recommended Options by Cost and Speed
For the fastest and most cost-effective withdrawals, e-wallets are recommended, followed by credit/debit cards. Bank transfers are secure but slower.

## Mercados G Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log In to Your Account**: Access your Mercados G trading account.
2. **Navigate to the Withdrawal Section**: Click on the “Withdraw” option in the dashboard.
3. **Select Your Withdrawal Method**: Choose from the available withdrawal methods.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw (minimum $10).
5. **Confirm the Transaction**: Review the details and confirm your withdrawal request.

### ID Verification Requirements
Before processing your withdrawal, Mercados G may require you to verify your identity. Ensure you have the necessary documents ready, such as a government-issued ID and proof of address.

### Expected Fund Arrival Time
Depending on the withdrawal method, funds typically arrive within 1-5 business days. E-wallets are the fastest, while bank transfers may take longer.

### Typical Delay Reasons and Fixes
- **Verification Issues**: Ensure all documents are submitted and clear.
- **Bank Processing Times**: Be aware that banks may have their own processing delays.
- **Incorrect Withdrawal Method**: Ensure that the withdrawal method matches the deposit method used.

## FAQs – Mercados G Deposits & Withdrawals

### What is the minimum deposit for Mercados G?
The minimum deposit for Mercados G is generally $250.

### How long do withdrawals take?
Withdrawals can take from 1 to 5 business days, depending on the method selected.

### Are there fees for deposits or withdrawals?
Mercados G does not charge internal fees for deposits or withdrawals, but third-party fees may apply.

### Can the same method be used for both?
Yes, typically the same method used for deposits can be used for withdrawals.

### Are crypto or local methods supported?
Yes, Mercados G supports cryptocurrency deposits and withdrawals, along with various local payment methods depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Mercados G

Mercados G

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