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What are the spread and commission structures at Mercados G?

Broker Issues
Mercados G
Fees and Spreads
01-23
United States
WikiFX
Reply

Mercados G does not charge commissions, instead relying on spreads. The spread for USD/CLP trades starts at 0.6 pips for the Initial Account and gets tighter with higher-tier accounts, offering 0.4 pips for Pro Accounts and 0.26 pips for Expert Accounts. These spreads are relatively competitive, especially for traders focused on Forex pairs like USD/CLP. Personally, I like that there are no commission fees, but I would still need to carefully consider the spread to ensure it's cost-effective for my trading strategy.

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