2Mercados Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-11-02 18:09

Abstract：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.

　　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

Feature	Detail
Regulation	No Regulation
Market Instrument	N/A
Account Type	Inicial, Basic, Basic+, Advanced, Pro, Pro+, Expert and Black
Demo Account	N/A
Maximum Leverage	N/A
Spread	N/A
Commission	N/A
Trading Platform	Webtrader
Minimum Deposit	$250
Deposit & Withdrawal Method	Yandex, Alfa Bank, Maestro, MasterCard, Advcash, American Express, Sofort, MasterCard Secure Code, Postepay, Qiwi, UPayCard, Verified by Visa, Wire Transfer, Visa and Master Pay

　　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

Pros	Cons
• Multiple account types	• No regulation
• Various payment options	• Inaccessible Webtrader
	• High minimum initial deposit required

　　Frequently Asked Questions (FAQs)

Q 1:	Is 2Mercados regulated？
A 1:	No. It has been verified that 2Mercados currently has no valid regulation.

Q 2:	Does 2Mercados offer the industry-standard MT4 & MT5？
A 2:	No. Instead, 2Mercados offers a Webtrader with broken links.

Q 3:	What is the minimum deposit for 2Mercados？
A 3:	The minimum initial deposit to open the basic Inicial account is $250, while the other seven account types - Basic, Basic+, Advanced, Pro, Pro+, Expert and Black, with much higher minimum deposit requirements of $2,500, $5,000, $10,000, $25,000, $50,000, $100,000 and $250,00.

Q 4:	Is 2Mercados a good broker for beginners？
A 4:	No. 2Mercados is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible Webtrader and high initial deposit.