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Mercaforex Forex Broker

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 Forex broker Mercaforex

MercaForex-Broker Review

Mercaforex is a Forex broker Market Maker established in 2007 that allow to trade with Forex (spot market), metals (gold and silver), commodities like crude oil, stock indices and contracts for difference in several financial assets. This broker offers various options of trading accounts and platforms including Metatrader 4. Its services are specially designed for both beginners and experienced traders.


Type of broker

Mercaforex is a Non Dealing Desk Forex broker.


Regulation

This broker regulated by CySEC (Cyprus Securities and Exchange Commission), ASIC (Australia) and CNVM (Romania).


Country of origin

The offices of  Silver Holdings International LTD.are located in Geneva, Switzerland.


Trading Instruments

Mercaforex offers the following instruments to trade:

  • Forex Market: 40 currency pairs in the spot market including the major pairs like the EUR/USD and USD/JPY and other more exotic pairs such as the USD/ZAR.
  • Commodities: The most traded commodities in the spot market including gold, silver and oil.
  • Stock indices: The main indices of the stock market.
  • Contracts For Difference: CFD based in several instruments including those mentioned above.

Trading Accounts

  • Mini Accounts: These are accounts designed for beginners traders. It offers a Non Dealing Desk execution and the possibility to trade with 27 currency pairs.
  • Standard Accounts: This type of account is designed for more experienced and professional traders. It offers a Non Dealing Desk execution and the possibility to trade with currency pairs commodities and CFD. It can be opened with a minimum deposit of $1000.This account offers training courses, Forex lessons & guides, daily market analysis, live market updates, and special promotions.

Demo Accounts

Yes, with no limit of time.


Trading Platforms

Mercaforex offers two trading platforms to its clients with the following features:

  • Metatrader 4: A downloadable application based in Metatrader 4, the most famous trading platform in the Forex industry. This trading platform is designed with a lot of advanced trading tools like multiple technical indicators and advanced charts. 
  • Profit: It is a downloadable platform designed by the company with a user-friendly and customizable interface and other functions such as:an advanced charting system, updated market news, direct platform support and others. This application is designed for both beginner and experienced traders.

Also, Mercaforex offer a web based trading platform that can be accessed from any computer with Internet connection. This platform is very user friendly and allow a fast execution too.


Payment Options

The client can deposit and withdrawal funds through Bank Wire Transfer and credit card.


Main Advantages of MercaForex

  • Mercaforex is a regulated broker.
  • It offers bonuses for real trading account opening and deposits.
  • Free Forex education through the website of Mercaforex.
  • A lot of instruments for trading including CFD and commodities.
  • Personal Assistance.
  • Market news in real time.
  • Free market analysis for clients and visitors.
  • It offer Non Dealing Desk execution with variable and low spreads.
  • This brokers offers Personal 24/7 customer support assistance.
  • Market analysis tools such as a daily chart, an updated economic calendar and other.
  • No commissions or hidden fees for trades.
  • This broker offers a web based platform.
  • Mercaforex allows to earn money by promoting the services of the company through a Multilevel Affiliate Program named Afiforex.

Main Offers of MercaForex

  • Not at the moment.

Other Categories of this broker

  • Gold Broker.
  • Silver Broker.
  • Oil Broker.
  • CFD Broker.
  • Metatrader 4 broker.

Company Silver Holdings International LTD.
Minimum account size $100 for Mini Accounts.
Minimum lot size 0.01 lot.
Maximum Leverage 1:400.
Spreads Variable spreads from 1-2 pips for EUR/USD.
Link to the website Mercaforex Website
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Forex broker MercaForex

 

 

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