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No Regulation
Score
1.47 /10
Danger
eMarketsTrade
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.72
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
General Information & Regulation
eMarketsTrade is an online digital assets Exchange that was launched to enable traders to invest in cryptocurrency. There is no regulatory information on the Exchanges website at the moment.
Market Instruments
The available crypto assets, include Bitcoin, Ethereum, Monero, Dash, Litecoin, Tron, Ripple, and more.
Minimum Deposit
eMarketsTrade offers quite a few trading accounts. The account types and their corresponding minimum deposits are as follows: Bronze Chain (€ 2,500), Silver Chain (€ 5,000), Gold Chain (€ 10,000), Platinum Chain (€ 50,000), and Diamond Chain (€ 100,000).
Leverage
The maximum trading leverage offered by eMarketsTrade is up to 1:200. Some professional traders may hold that this leverage level is a little conservative. However, since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
In terms of spreads and commissions, eMarketsTrade does not make this part clear.
Trading Platform Available
The Exchange provides traders with the eMT trading platform, an in-house-developed platform that is designed to offer retail traders a complete set of tools for implementing their trading and investment strategies. It is available as a WebTrader, so it can be accessed directly from your web browsers without the need to download or install any software. The platform also has a mobile trading app version that is suited for mobile devices running on Android and iOS.
Trading Tools
To help traders get the most out of their analysis, the broker provides them with a selection of useful trading tools, such as Economic Calendar, Technical Analysis Tools, Market Outlook, Advanced Charting Tools, and more
Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds to and from their trading accounts using bank transfers, credit/debit cards, and cryptocurrency.
Customer Support
Traders are provided with a knowledgeable customer support team who are always available to respond to clients‘ general, technical, and account-based inquiries. They can be reached via the following contact channels: telephone, email, Live Chat, and online ’Contact Us form
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