While MercadosInvest claims to be operated by SmartServe Ltd under the supervision of the MWALI International Services Authority (MISA), our investigation reveals that the official domain listed of this company on MISA is https://mercados24.com/, which differs from the platform This inconsistency raises substantial doubts about the legitimacy and accuracy of its regulatory claims. Furthermore, it is critical to note that MISA is widely regarded as a jurisdiction with minimal regulatory oversight and low international recognition. Given the unverified regulatory status, we believe that MercadosInvest may pose a significant risk of being a scam.