Review summary
Broker Merco Sul S.A.E. is a relatively new trading entity, established within the last 1-2 years and registered in Paraguay, where it operates as a regional broker. According to WikiFX data, the broker currently holds no valid authoritative forex trading licenses, placing it outside the oversight of major global financial regulators. This absence of regulation results in a substantially low WikiFX score of 1.68. While the broker provides access to the MetaTrader 5 platform with a reported average execution speed of 185 milliseconds, potential clients must weigh this against the fundamental lack of financial oversight and investor protection mechanisms that characterize regulated markets. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-03)
