Score

1.50 /10
Danger

Edgewater

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.90

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Edgewater · Company summary
Aspect Information
Registered Country/Area United States
Founded Year 2021
Company Name Edgewater Markets
Regulation Unregulated broker
Services Deliverable Foreign Exchange, Precious Metals Spot Trading, Non-Deliverable Forward Currencies (NDFs), Crypto Trading
Trading Platforms EdgeFX, EdgeFX Custom
Customer Support Phone: +1.800.987.8048, Email: info@edgewatermarkets.com, Social Media: LinkedIn, Twitter

Overview

Edgewater, an unregulated broker based in the United States and founded in 2021, offers a comprehensive array of trading services including Deliverable Foreign Exchange, Precious Metals Spot Trading, Non-Deliverable Forward Currencies (NDFs), and Crypto Trading. Their trading platforms, EdgeFX and EdgeFX Custom, provide flexible solutions tailored to meet the diverse needs of institutional traders and clients worldwide. Despite their unregulated status, Edgewater Markets ensures accessible customer support through various channels including phone, email, and social media platforms like LinkedIn and Twitter. However, potential clients should exercise caution due to the lack of regulatory oversight and transparency associated with unregulated brokers.

Overview

Regulation

Edgewater operates as an unregulated broker, meaning it is not overseen or governed by any financial regulatory authority. Investors should exercise caution when engaging with unregulated brokers like Edgewater, as they may lack the necessary safeguards and transparency required by regulated entities. Conducting thorough research and due diligence before entrusting funds to any financial institution is crucial to mitigate potential risks.

Regulation

Pros and Cons

Edgewater Markets presents a mix of advantages and disadvantages for potential clients. While it offers a diverse range of market instruments and comprehensive customer support, its status as an unregulated broker raises concerns about regulatory oversight and transparency. The flexibility and customization options provided by its FX trading solutions are notable, but the limited information available on the website may hinder informed decision-making for investors.

Pros Cons
  • Diverse range of market instruments
  • Unregulated broker status lacking regulatory oversight
  • Comprehensive customer support
  • Limited information on website raising transparency concerns
  • Flexibility and customization options
  • Potential risks associated with lack of regulatory compliance
  • Modular FX trading solutions
  • Limited accessibility to crucial details for potential clients

Market Instruments

Edgewater offers a diverse range of market instruments tailored to meet the needs of various clients:

  1. Deliverable Foreign Exchange:

    1. They offer a wide range of currency pairs and provide competitive pricing in the foreign exchange market.

    2. Their expertise lies in customizing solutions to meet the unique needs of each individual client.

    3. Edgewater specializes in sourcing liquidity for deliverable foreign exchange transactions.

  2. Precious Metals Spot Trading:

    1. Through optimized trading activity, Edgewater aims to provide efficient execution and competitive pricing in the precious metals market.

    2. Their services are designed to support commodity portfolios and improve hedging strategies for clients.

    3. Edgewater facilitates spot trading for precious metals including gold, silver, platinum, and palladium.

  3. Non-Deliverable Forward Currencies (NDFs):

    1. By offering NDFs, Edgewater provides clients with alternative instruments for managing currency risk in emerging markets.

    2. They leverage onshore liquidity sources to augment traditional providers, ensuring superior pricing and depth of market.

    3. Edgewater offers a variety of NDFs, including those from Asian, European, and Latin-American markets.

  4. Crypto Trading:

    1. Edgewater's crypto trading service includes comprehensive post-trade reporting and compliance measures, enhancing transparency and regulatory adherence for clients.

    2. Their platform emphasizes efficient and secure order management, ensuring timely execution of trades.

    3. Edgewater facilitates low-latency trading in cryptocurrencies, catering to the growing demand for digital asset investment.

Market Instruments

Products

Edgewater offers two main products for FX trading:

EdgeFX: EdgeFX is a flexible electronic trading solution designed to improve trading strategies and automate workflows in the foreign exchange markets.

  1. Features:

  • Customizable platform for trading with global liquidity sources.

  • Easy-to-use web interface without the need for downloads.

  • Integrates seamlessly with existing technology systems.

  • Provides 24-hour customer support and expertise in FX execution.

    • Products

EdgeFX Custom: EdgeFX Custom allows clients to personalize their FX trading experience with their branding and workflows.

  1. Features:

  • Modular platform for tailoring FX trading systems.

  • Enables clients to use their liquidity sources and preferences.

  • Supports local requirements and languages.

  • Offers fast and secure trade execution with customizable workflows.

    • EdgeFX Custom

Customer Support

Edgewater Markets offers comprehensive customer support through multiple channels:

  1. Phone: Customers can reach Edgewater's support team by calling +1.800.987.8048. This provides direct access to assistance for any inquiries or issues they may have.

  2. Email: Another avenue for support is via email at info@edgewatermarkets.com. This allows customers to communicate their questions or concerns in writing and receive prompt responses from the support team.

  3. Online Platforms: Customers can also connect with Edgewater through their social media profiles on LinkedIn and Twitter. These platforms may serve as additional channels for support inquiries or for staying updated on company news and announcements.

Overall, Edgewater Markets ensures that customers have various options to reach out for assistance, enabling them to receive timely and effective support to address their needs and inquiries.

Customer Support

Conclusion

In conclusion, while Edgewater Markets offers a diverse range of market instruments and FX trading solutions through EdgeFX and EdgeFX Custom, it's essential to note that the company operates as an unregulated broker. This lack of regulatory oversight may pose risks for investors, necessitating caution and thorough due diligence. Despite offering comprehensive customer support through various channels, the limited information available on their website raises concerns regarding transparency and accessibility of vital details for potential clients. Therefore, individuals considering engaging with Edgewater should prioritize research and careful evaluation of their offerings and risk management practices.

FAQs

Q1: Is Edgewater Markets regulated?

A1: No, Edgewater operates as an unregulated broker, meaning it is not overseen by any financial regulatory authority.

Q2: What market instruments does Edgewater offer?

A2: Edgewater provides deliverable foreign exchange, precious metals spot trading, non-deliverable forward currencies (NDFs), and crypto trading services.

Q3: What are the main products offered for FX trading?

A3: Edgewater offers two main products: EdgeFX, a flexible electronic trading solution, and EdgeFX Custom, allowing clients to personalize their FX trading experience.

Q4: How can I contact Edgewater Markets for customer support?

A4: You can reach Edgewater's support team by phone at +1.800.987.8048, via email at info@edgewatermarkets.com, or through their social media profiles on LinkedIn and Twitter.

Q5: Is there regulatory compliance information available on Edgewater's website?

A5: The information on regulatory compliance is limited on Edgewater's website, raising concerns about transparency and accessibility of important details for potential clients.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

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