| Mercaforex Forex BrokerMercaforex-Forex Broker Review 
| Company | Silver Holdings International LTD. | | Type of broker | Mercaforex is a Non Dealing Desk broker. | | Operating since | 2007. | | Regulation | This broker regulated by CySEC (Cyprus Securities and Exchange Commision), ASIC (Australia) and CNVM (Rumania). | | Country | The offices of Silver Holdings International LTD.are located in Geneva, Switzerland. | | 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 oher more exotic such 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.
| | Accounts | - Mini Accounts: These are accounts designed for begineers 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 profesional 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.
| | Plataform | Mercaforex offers two trading plataforms to its clients with the following features: - Metatrader 4: A downloable application based in Metatrader 4, the most famous trading plataform in the Forex industry. This trading plataform is designed with a lot of advanced trading tools like multiple technical indicators and advanced charts.
- Profit: It is a downloable plataform designed by the company with a user-friendly and customizable interface and other funtions such as:an advanced charting system, updated market news, direct plataform support and others. This application is designed for both begineer and experienced traders.
Also, Mercaforex offer a web based trading plataform that can be accessed from any computer with Internet connection. This plataform is very user friendly and allow a fast execution too. | | Minimum account size | $100 for Mini Accounts. | | Minimum lot size | 0.01 lot. | | Maximun Leverage | 1:400. | | Spreads | Variable spreads from 1-2 pips for EUR/USD. | | Demo account | Yes, with no limit of time. | | Payment options | The client can deposit and withdrawl funds through Bank Wire Transfer and credit card. | | Advantages | - 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 comodities.
- 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 commisions or hidden fees for trades.
- This broker offers a web based plataform.
- Mercaforex allows to earn money by promoting the services of the company through a Multilevel Affiliate Program named Afiforex.
| | Link to the website | Mercaforex Website | | Open an account | | | Main offers of Mercaforex | | | Other categories of this broker | - Gold Broker.
- Silver Broker.
- Oil Broker.
- CFD Broker.
- Metatrader 4 broker.
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