Mercatox Review

Mercatox is a cryptocurrency exchange that gives traders access to the digital currency and cryptocurrency markets. It is a convenient platform for trading and exchanging of various digital currencies and can be used by both experienced traders and beginners. There is a vast array of cryptocurrencies, such as Bitcoin, Bitcoin Gold, Ethereum, XRP, EOS, Litecoin, Dogecoin, DASH, Ethereum Classic, and many others, available for trading online via its proprietary web-based trading platform.

Mercatox Review, Pros & Cons
  • An intuitive trading platform
  • A wide selection of cryptocurrencies
  • A multi-currency wallet
  • Not regulated
  • Cryptocurrency trading only
  • No MetaTrader platforms
  • Limited funding options
  • No online chat support

In this detailed Mercatox review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Mercatox Overview

Launched in 2016, Mercatox has grown into an established cryptocurrency exchange with over 647,626 total users and more than 941,709 total Bitcoin trading volume. They offer multiple cryptocurrencies for trading online. Apart from providing trading services for a wide range of cryptocurrencies, Mercatox also offers a lending platform, a multi-currency wallet, and payment services.

Mercatox Features Overview

Mercatox Features Overview

Mercatox Regulation

The Exchange is not regulated by any known financial authority at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our best trading brokers for alternative regulated brokers.

Mercatox Countries

The services of Mercatox are offered only to jurisdictions where the use of such services would not be contrary to local laws or regulations. They cannot accept clients from the USA.

Some Mercatox features and products mentioned within this Mercatox review may not be available to traders from certain countries because of legal restrictions.

Mercatox Platforms

Mercatox provides traders with its own proprietary web-based trading platform. The platform provides charting tools powered by TradingView and allows you to set the order type, price, and amount, as well as the direction you want to trade. With the platform, you can also trade on margin, which means that you can borrow, as well as lend to other traders.

Mercatox Web Trading Platform

Mercatox Web Trading Platform

Mercatox Trading Tools

There are no established standalone trading tools on the Exchange’s website at the moment.

Mercatox Education

The Mercatox website contains a News section that keeps traders informed on the factors that move the financial markets. There is an FAQ section that offers quick answers to the most common concerns that clients may have.

Mercatox Market News

Mercatox Market News

Mercatox Instruments

Mercatox offers a vast array of cryptocurrencies, such as Bitcoin, Bitcoin Gold, Ethereum, XRP, EOS, Litecoin, Dogecoin, DASH, Ethereum Classic, and many others, for online trading via the provided trading platform.

Mercatox Accounts & Fees

Mercatox offers clients one live trading account for trading the various available cryptocurrencies.

As broker fees can vary and change, there may be additional fees that are not listed in this Mercatox review. It is imperative to ensure that you check and understand all of the latest information before you open a Mercatox broker account for online trading.

Mercatox Support

The exchange’s website is available in 3 different languages: English, Russian, and Chinese, and their customer support team can be reached via email, social media, or via a support ticket.

Mercatox Deposit & Withdrawal

The Exchange only accepts cryptocurrency for account deposits and withdrawals. It has no support for fiat currencies. Mercatox provides its clients with a multi-currency wallet with a wide range of digital currencies.

Mercatox Deposit And Withdrawal Methods

Mercatox Deposit And Withdrawal Methods

Mercatox Account Opening

Mercatox welcomes new traders to open a trading account with them by clicking on the ‘Sign Up’ icon and proceeding to properly fill the form that pops up.

Mercatox Account Opening Page

Mercatox Account Opening Page

It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.

Mercatox Summary

Mercatox is an online cryptocurrency exchange that aims to create a cryptocurrency marketplace that can meet the diverse needs of crypto traders. They provide traders with a proprietary web-based trading platform, as well as wallet and lending services. However, there is no regulatory information on their website at the moment. They only offer crypto trading and do not have the MetaTrader platforms that so many traders are already accustomed to using. You may wish to view our best crypto brokers for regulated alternatives.

You should be aware that the risk of loss in trading or holding Digital Currencies can be substantial. As with any asset, the value of Digital Currencies can go up or down and there can be a substantial risk that you lose money buying, selling, holding, or investing in digital currencies.

Min $1 Deposit

Mercatox is a Cryptocurrency exchange that gives traders access to an online platform for trading & exchanging various digital currencies

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