In this section we will analyze the broker Mercados G (also called mercadog.com), is a Forex and CFD broker. Is Markets G really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we made a review on Mercados G. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we make known information that every investor should know before deciding whether or not to invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being a part of: they don't mention it.
As to its location, The broker mentions being based in: Chile, but also mentions being based in England, it is not clear.
If we analyze the regulation of the broker: they mention being regulated in Chile, then in the terms and conditions they mention being regulated in the United Kingdom, but we could not verify either of the two regulations (the United Kingdom regulation belongs to another broker), which suggests that it is an unregulated broker.
If now we go on to analyze account types offered by Mercados G, we note that they do not really provide information about owning different types of account or plans.
The platforms to operate that Mercados G offers are: MT5 and Next Generation.
We will now analyze the different resources and aids for traders that Mercados G provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
G Markets provides the following aids or resources to traders or interested parties: some live charts, explanation of principles of the world of investing, financial news, FAQ section, some live charts, economic calendar, glossary, really not much more that this.
| Other information about G markets |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +562 3242 46 23 and +566 3243 86 71 (Whatsapp)
Email address: unmentioned
>>> Assessment on G markets <<
Ending with this section, in our opinion Do we believe that Mercados G is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where it is based, when looking for reviews about G markets we could not find any, which makes us think that it is a "new" broker. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.