Global Broker Regulation Inquiry App
WikiFX
kennis2244 
1-2 years
Why might some traders choose Mercados G despite its lack of regulation?
Broker Issues
Leverage
Account
Instruments
Platform
06-11
United States
WikiFX
Reply
Some traders may still choose Mercados G because of its competitive features, such as fast transaction processing times and tight spreads, particularly for USD/CLP trades. The platform also offers a broad range of instruments for Pro and Expert Account holders, which is attractive for more experienced traders. Personally, I understand why some may find these features appealing, but the lack of regulation remains a dealbreaker for me. I prefer brokers who are regulated by reputable financial authorities to ensure my investments are protected.
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