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Mercados G operates without regulation, meaning there is no governing body overseeing its activities. This poses a significant risk for traders, as the lack of external oversight increases the chances of mismanagement and potentially fraudulent activities. While Mercados G offers competitive features like tight spreads and a user-friendly platform, the absence of regulation is a major concern. Personally, I prioritize safety when choosing a broker, and I would be hesitant to trade with an unregulated platform like Mercados G.