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Mercato Brokers Review: Is It Legit and Regulated?

Legal company not verified

MU Operating period unverified

FindMyFX score

critical risk

3.0/10

0 Score out of 10 10
Independent assessment Updated 2026-08-08

Contact & regulation

Official website
mercatobrokers.com
Address
18 Bank Street, Ground Floor, Silver Bank Tower, Cybercity, Ebene, Mauritius
Primary license
FSC Mauritius · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Mercato Brokers legit and regulated?

FindMyFX has license records for Mercato Brokers, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Mercato Brokers is a Mauritius-based forex and CFD trading brand offering Standard, Raw, and Professional accounts. The current English website lists MT4, MT5, WebTrader, mobile access, and multiple funding methods.

Professional broker overview

FindMyFX editorial summary

Mercato Brokers states that it operates under a Mauritius FSC SEC-2.1B Investment Dealer licence, but the reviewed current pages do not identify the licensed legal company or licence number. Its English website lists a USD 25 Standard account, Raw and Professional tiers, swap-free conditions, and leverage up to 1:500. The official site also publishes MT4, MT5, WebTrader, card, bank-wire, and crypto support, while legal-entity verification remains incomplete.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The reviewed official pages did not establish the legal company name or registration number, so those fields are null. The claimed Mauritius licence was not independently matched to a specific legal entity in an inspectable regulator entry.

Operational status
active
Broker type
unknown
Execution model
The Raw account is described as using ECN pricing; the execution model for other tiers is not clearly stated.
Support hours
24/7

Support languages: English, Arabic

Documented advantages

  • The current English website publishes deposits, spreads, commissions, and leverage for three account tiers.
  • MT4, MT5, WebTrader, and mobile access are listed.
  • The site lists cards, crypto, bank wire, and local payment methods.

Documented limitations

  • The reviewed pages do not identify the licensed legal entity or licence number.
  • The Raw and Professional accounts require minimum deposits of USD 15,000 and USD 100,000 respectively.
  • Leverage of up to 1:500 can amplify trading losses.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Trading access

Account types

Available account structures and their current verification state.

3 accounts

Professional

unverified
Deposit
USD 100000.00
Leverage
1:500

USD 3 per lot

Spread
Not shown
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Yes
Balance protection
Unknown
Last verified
Not verified

Raw

unverified
Deposit
USD 15000.00
Leverage
1:500

USD 5 per lot

Spread
From 0.00 pips
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Yes
Balance protection
Unknown
Last verified
Not verified

Standard

unverified
Deposit
USD 25.00
Leverage
1:500

No commission

Spread
From 1.20 pips
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Yes
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

energies

unverified

Forex

unverified

Indices

unverified

Precious Metals

unverified

Shares CFDs

unverified

Deposit and withdrawal methods

Bank transfer

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Cryptocurrencies

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

cryptocurrency

unverified

Deposit: Yes · Withdrawal: Yes

Same-day settlement · Fee not shown

Local payment methods

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Mastercard

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Visa

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Visa and Mastercard

unverified

Deposit: Yes · Withdrawal: Yes

Instant deposits · The site states zero fees on most methods but does not identify every fee-free method.

Additional broker contacts

Contact page

https://mercatobrokers.com/en/about-us/contact-us.html

unverified

Mauritius office

+230 463 8700

unverified

Research sources

Licenses and regulators

FSC Mauritius

No license number

unverified

Last verified: Not shown

Type: SEC-2.1B Investment Dealer
Client class: other
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown

Jurisdiction-specific offerings

MU · other

unverified

Entity not linked · Leverage 1:500

Compensation scheme not shown

Score components

Regulation and licenses

2.5/10 · 35%

Conservative score based only on reviewed official or regulatory records.

Security and track record

2.5/10 · 20%

No independently verified long-term security or incident record was established in the reviewed sources.

Trading conditions

7.5/10 · 15%

Official pages disclose some account, leverage, spread, platform, or fee terms.

Company transparency

2.5/10 · 10%

Score reflects the completeness and consistency of official entity, address, contact, and licence disclosures.

Service quality

2.5/10 · 10%

Only official support information was reviewed; independent service-quality evidence was not established.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was established from an inspectable authoritative source.

Profile update history

Broker profile was published.

2026-08-07

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.