Score

1.59 /10
Danger

Emperio Precious Metals

Hong Kong

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.37

License Index0.00

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Emperio Precious Metals Limited

Company Abbreviation

Emperio Precious Metals

Platform registered country and region

Hong Kong

Company website

YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 118) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Emperio Precious Metals · Company summary
Emperio Precious Metals Review Summary in 6 Points
Founded 2014
Registered Country/Region Hong Kong
Regulation Suspected CGSE clone
Services Spot Precious Metal trading
Trading Platforms Wise Trader
Customer Support Address, email, phone, contact us form, FAQ, FAX

What is Emperio Precious Metals?

Emperio Precious Metals, a subsidiary of Emperio Group, specializes in offering spot precious metal trading services to clients. However, concerns have surfaced regarding its legitimacy, particularly surrounding its suspected CGSE clone status. This uncertainty raises questions about the reliability and credibility of Emperio Precious Metals, increasing investment risks for stakeholders.

Emperio Precious Metals' homepage

In the upcoming article, we will comprehensively analyze this broker's attributes from various angles, delivering clear and well-organized information. If you find this topic intriguing, we encourage you to continue reading. At the conclusion of the article, we will provide a concise summary to offer you a quick grasp of the company's key features.

Pros & Cons

Pros Cons
N/A • Suspicious CGSE clone status

Cons:

Suspicious CGSE Clone Status: Emperio Precious Metals' suspected clone status with CGSE raises doubts about its legitimacy and adherence to regulatory standards, exposing investors to risks.

Is Emperio Precious Metals Legit or a Scam?

When considering the safety of a financial company like Emperio Precious Metals or any other platform, it's important to conduct thorough research and consider various factors.

  • Regulatory sight: The legitimacy of Emperio Precious Metals' CGSE (The Chinese Gold & Silver Exchange Society) license, numbered 118, is in fake clone suspicion, raising doubts about the company's regulatory compliance and dedication to customer protection. Such suspicions undermine confidence in the company's adherence to industry standards and client safeguarding measures.

suspicious clone CGSE license
  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: Emperio Precious Metals implements double-login detection to enhance security. This feature helps minimize account risks by detecting and preventing simultaneous logins, ensuring the safety and integrity of clients' accounts.

Ultimately, the choice to trade with Emperio Precious Metals is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.

Services

Emperio Precious Metals specializes in offering trading services for precious metals. Whether investors are seasoned traders or novices, Emperio provides a platform that facilitates the buying and selling of precious metals with professionalism and expertise.

With a focus on fairness, transparency, and accessibility, Emperio aims to provide clients with a reliable avenue for engaging in precious metals trading. Through their online trading platforms, investors have the opportunity to participate in the precious metals market around the clock, allowing them to capitalize on market opportunities and have the chance to optimize their investment strategies.

How to Open an Account?

To open an account with Emperio Precious Metals, you have to follow below steps:

  • Visit the Emperio Precious Metals website, locate and click on the “OPEN ACCOUNT” button on the right corner of the mainpage.

click on the OPEN ACCOUNT“ button
  • Follow the steps and fill in the necessary personal details required.

fill in required info
  • Complete any verification process for security purposes.

  • Once your account has been approved, you can set up your investment preferences and start trading.

Trading Platforms

Emperio Precious Metals provides investors with a comprehensive 24-hour precious metals trading service through Wise Trader platforms.

The Wise Trader platform offers a user-friendly interface for seamless trading experiences. Additionally, investors can access the platform through WebTrader, available on various web browsers, and iOS and Android mobile applications, ensuring flexibility and accessibility.

Wise Trader

Deposit & Withdrawal

Emperio Precious Metals offers multiple funding methods to facilitate deposits into clients' accounts. Clients can deposit funds via cash, cheque, or T/T (Telegraphic Transfer) funds transfer. Additionally, internal funds transfer among associated companies within the Emperio Group is available for added convenience.

For withdrawals, clients have various options, including cheque withdrawal, direct transfer to pre-registered bank accounts via T/T, and internal account funds transfer within the Emperio Group. Clients can initiate withdrawal instructions through their agents, with cheques deposited on behalf of the client into their bank accounts. Withdrawal instructions submitted after 2:00 PM are processed on the next banking day, ensuring efficient handling of client requests.

Customer Service

Emperio Precious Metals provides customer service through various channels including address, email, FAX, phone, and a contact us form on their website. Additionally, they offer a comprehensive FAQ section to address common inquiries efficiently.

Address: 8/F, AT Tower, 180 Electric Road, North Point, Hong Kong.

Tel : (852) 2721-2015.

Fax : (852) 2721-2212.

Email: cs@emperio-group.com.

Contact Form

Conclusion

Emperio Precious Metals, based in Hong Kong, provides spot precious metal trading services to clients. However, its suspected CGSE clone status raises concerns about investor protection. Regulation is vital for financial oversight and client safeguarding. Thus, individuals considering Emperio Precious Metals should have extreme caution and explore regulated alternatives prioritizing transparency, security, and client protection.

Frequently Asked Questions (FAQs)

Q 1: Is Emperio Precious Metals regulated?
A 1: No. It has been verified that this broker holds a suspected fake clone licenses by CGSE (The Chinese Gold & Silver Exchange Society) license with No. 118.
Q 2: Does Emperio Precious Metals offer a demo account?
A 2: No.
Q 3: Is Emperio Precious Metals a good broker for beginners?
A3: No. It is not a good choice for beginners because of the suspected CGSE clone status.
Q 4: Does Emperio Precious Metals offer industry leading MT4 & MT5?
A 4: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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FX1596568967
more than one year
I wouldn't really recommend Emperio Precious Metals. The spreads are kinda big, and they have this habit of repricing things suddenly. It's like they're not playing fair, you know? Plus, when they decide to close your positions, they do it in a way that doesn't really favor you – minimal profits, maximum losses. Can't really trust them, to be honest. Feels a bit like they're up to some shady stuff.
I wouldn't really recommend Emperio Precious Metals. The spreads are kinda big, and they have this habit of repricing things suddenly. It's like they're not playing fair, you know? Plus, when they decide to close your positions, they do it in a way that doesn't really favor you – minimal profits, maximum losses. Can't really trust them, to be honest. Feels a bit like they're up to some shady stuff.
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2024-01-11 20:37
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