EMRFX

General Information & Regulation

EMRFX is a Forex broker, targeting the Chinese market. EMRFX is not currently subject to any effective regulation.

Market Instruments

Investors can trade currency pairs in the foreign exchange market on the EMRFX platform. Other than that, EMRFX does not provide information on other tradable assets.

Minimum Deposit

EMRFX offers only one standard account to all investors. The minimum deposit requirement is not fully disclosed.

EMRFX Leverage

In terms of trading leverage, and maximum trading leverage offered by EMRFX is mentioned. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

The spreads on EMR FX's standard accounts start at 4 pips, much higher than the industry standard. Most legit brokers offer spreads of 1.0 to 1.5 pips on the EURUSD standard account.

Trading Platforms

EMRFX claims to provide traders with the most popular MT4 trading platform, but after a simple test, we found that the MT4 login page is always in error, which shows that MT4 is just false propaganda of EMRFX.

EMRFX Cons

EMRFX Disadvantages Include:

1. No regulation

2. Only one type of account offered

3. False advertising of the MT4 trading platform

4. High spreads

5. No information on the way to enter and exit the funds

6. ID required for demo accounts, pretty cumbersome

7. Not providing information on leverage