FXEM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 13:35

Abstract：FXEM was incorporated in Mauritius in 2010. It is a broker that offers trading in forex as well as various CFDs, up to 90+ instruments. It supports trading through MT5 and has 4 other account types. At present, the broker is not subject to corresponding supervision.

FXEMReview Summary
Founded	2010
Registered Country/Region	Mauritius
Regulation	No Regulation
Market Instruments	ForexPrecious metals CFDsIndices CFDsStocks CFDsEnergies CFDsCommodities CFDs
Demo Account	✅
Leverage	Up to 1:400
Spread	From 1 pip (King Account)
Trading Platform	MT5Social Trading
Min Deposit	$100
Customer Support	Email: info@fxem.comsupport@fxem.com
	Social Media: Facebook, Twitter, Instagram, Youtube
	Physical Address: 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis, Mauritius

FXEM Information

　　FXEM was incorporated in Mauritius in 2010. It is a broker that offers trading in forex as well as various CFDs, up to 90+ instruments. It supports trading through MT5 and has 4 other account types. At present, the broker is not subject to corresponding supervision.

Pros and Cons

Pros	Cons
The spread starts at 0	No Regulation
The trading platform provided is MT5	No payment method information is provided
Some accounts are commission-free
Some accounts are exempt from swap fees

Is FXEM Legit?

　　FXEM, now unregulated, was registered on its website in 2010.

What Can I Trade on FXEM?

　　FXEM, offers 60+ global currency pairs,CFDs on stocks,commodities,CFDs on indices, precious metals CFDs including gold, silver, platinum, palladium.In addition, it also provides energiesCFDs trading and Commodities CFDs etc. It said it reached 90+ trading instruments.

Tradable Instruments	Supported
Forex	✔
Precious metals CFDs	✔
Commodities CFDs	✔
Indices CFDs	✔
Stocks CFDs	✔
Energies CFDs	✔
Bonds	❌
ETF	❌

Account Types

　　FXEM has 4 account types to choose from: King, Caesar, Emperor, Pharaoh.

　　Among them, the minimum deposit is $100 and the maximum leverage is 1:400.

Account Types	King	Caesar	Emperor	Pharaoh
Currency 1 (USD)	Yes	Yes	Yes	Yes
Currency 2 (EUR)	Yes	Yes	Yes	Yes
Minimum Leverage	1:1	1:1	1:1	1:1
Maximum Leverage	1:400	1:400	1:400	1:400
Spread starting from	1 pip	0.7	Zero	1.6 pip
Commission applied?	Zero	Zero	3 USD	Zero
Minimum Deposit	100	500	1,000	No
Maximum Deposit	No	No	No	No
Tired Margin Applied?	Yes	Yes	Yes	Yes
Instruments	Full Range	Full Range	Full Range	Full Range
Hedged margin	50%	50%	50%	100%
Margin call	100%	100%	100%	120%
Stop out	50%	50%	50%	100%
Order execution	Market	Market	Market	Market
Swap-free	Available	Available	Not Available	Available
Minimum lot size	0.01	0.01	0.01	0.01
Maximum lot size	As per the instrument Spics	As per the instrument Spics	As per the instrument Spics	As per the instrument Spics

FXEM Fees

　　The spread of the four accounts ranges from 0 to 1.6. The Emperor account charges a commission of $3 and swap fees are charged. The remaining accounts do not charge commission and swap fees are waived.