This MercadosG review examines the broker’s regulatory credentials, trading infrastructure, and overall suitability for retail forex and CFD traders. Based in Santiago, Chile, MercadosG is a locally focused broker authorised by the Comisión para el Mercado Financiero (CMF). The firm offers access to global markets via the MetaTrader 4 platform, with a strong emphasis on client education and risk management within the Latin American region.

Regulation and Safety

MercadosG is regulated by the Chilean financial market regulator:

• Comisión para el Mercado Financiero (CMF): Registered and supervised
• Operates in full compliance with Chilean financial law
• Subject to capital adequacy, transparency, and reporting rules
• Offers segregated accounts for client funds

While not licensed by Tier-1 global regulators (FCA, ASIC), its local regulation ensures investor safeguards within Chile’s jurisdiction.

Execution Model and Trading Platforms

MercadosG uses an STP (Straight Through Processing) execution model and offers:

• MetaTrader 4 (MT4): Desktop, web, and mobile platforms

Execution is market-based with no dealing desk intervention. The broker does not offer FIX API or proprietary platforms, and there is no advertised VPS service.

Markets and Instruments

MercadosG provides access to a range of CFDs across key asset classes:

• Forex – Majors, minors, and select exotic pairs
• Indices – S&P 500, NASDAQ, DAX, and regional indices
• Commodities – Gold, silver, oil
• Cryptocurrencies – BTC/USD, ETH/USD (via CFDs)
• Stocks – US and European blue-chip equities

Asset coverage is competitive for retail traders, with leverage depending on Chilean regulations and account type.

Accounts, Spreads and Leverage

MercadosG offers retail trading accounts with the following features:

• Minimum deposit: Approx. USD $1,000
• Spreads: From 1.2 pips on EUR/USD (floating)
• Commission-free model on most instruments
• Leverage: Up to 1:100 depending on asset and jurisdiction
• Stop-out level: 50%

No Islamic account options are currently offered. All accounts are margin-based with local currency (CLP) funding available.

Funding and Base Currencies

MercadosG supports local and international payment methods:

• CLP bank transfers (via Chilean banks)
• USD wire transfers
• International card payments (select accounts)

Deposits are processed within 1–2 business days. Withdrawals may take 3–5 days depending on the method. Base currencies: CLP and USD.

Client Protections and Features

• Segregated accounts with Chilean banking partners
• CMF-regulated with reporting obligations
• Dedicated education and market analysis resources
• Local customer support in Spanish

Negative balance protection is not explicitly advertised. Clients should confirm individual safeguards when opening accounts.

Institutional and Retail Offering

MercadosG caters mainly to retail traders in Chile and Latin America:

• Retail: MT4, educational tools, risk management, local funding
• Institutional: Not available – no white-label, liquidity, or prime brokerage services

Pros

• Locally regulated by Chile’s CMF
• MT4 access with STP execution
• Good selection of CFDs including crypto and indices
• Local currency accounts and support for Chilean traders

Cons

• High minimum deposit compared to global brokers
• No ECN accounts or advanced tools like VPS or FIX API
• Limited international presence and multilingual support
• Not suitable for institutional or algorithmic traders

Frequently Asked Questions

Is MercadosG regulated?

Yes, MercadosG is regulated by the Comisión para el Mercado Financiero (CMF) in Chile.

What platform does MercadosG offer?

The broker offers MetaTrader 4 (MT4) for web, mobile, and desktop trading.

What is the minimum deposit at MercadosG?

The typical minimum deposit is around USD $1,000 or local currency equivalent.

Does MercadosG offer cryptocurrency trading?

Yes, CFDs on major cryptocurrencies such as BTC/USD and ETH/USD are available.

Can international clients open an account with MercadosG?

MercadosG focuses on Chilean residents. International access may be limited and subject to additional verification.