Score

2.25 /10
Danger

FXEM

Mauritius

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index8.80

License Index0.00

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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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Broker Information

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Company Name

Empire Markets Limited

Company Abbreviation

FXEM

Platform registered country and region

Mauritius

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FXEM · Company summary
FXEMReview Summary
Founded2010
Registered Country/RegionMauritius
RegulationNo Regulation
Market InstrumentsForexPrecious metals CFDsIndices CFDsStocks CFDsEnergies CFDsCommodities CFDs
Demo Account
LeverageUp to 1:400
SpreadFrom 1 pip (King Account)
Trading PlatformMT5Social Trading
Min Deposit$100
Customer SupportEmail: 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.

FXEM Information

Pros and Cons

ProsCons
The spread starts at 0No Regulation
The trading platform provided is MT5No 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.

Is FXEM Legit?
Is FXEM Legit?

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 InstrumentsSupported
Forex
Precious metals CFDs
Commodities CFDs
Indices CFDs
Stocks CFDs
Energies CFDs
Bonds
ETF
What Can I Trade on FXEM?

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 TypesKingCaesarEmperorPharaoh
Currency 1 (USD)YesYesYesYes
Currency 2 (EUR)YesYesYesYes
Minimum Leverage1:11:11:11:1
Maximum Leverage1:4001:4001:4001:400
Spread starting from1 pip0.7Zero1.6 pip
Commission applied?ZeroZero3 USDZero
Minimum Deposit1005001,000No
Maximum DepositNoNoNoNo
Tired Margin Applied?YesYesYesYes
InstrumentsFull RangeFull RangeFull RangeFull Range
Hedged margin50%50%50%100%
Margin call100%100%100%120%
Stop out50%50%50%100%
Order executionMarketMarketMarketMarket
Swap-freeAvailableAvailableNot AvailableAvailable
Minimum lot size0.010.010.010.01
Maximum lot sizeAs per the instrument SpicsAs per the instrument SpicsAs per the instrument SpicsAs per the instrument Spics
Account Types

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.

Trading Platform

The trading platforms offered by FXEM are MT5 and Social Trading. MT5 can be used on desktop, mobile, tablet and web.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Desktop, Mobile, Tablet, WebSkilled traders
Social Trading--
MT4
Trading Platform

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FX3357258178
3-6months
i have a very good experience with this broker for more than a year , they fully stp regulated, the fastest execution ever , no delay in withdrawal with multi payments method,
i have a very good experience with this broker for more than a year , they fully stp regulated, the fastest execution ever , no delay in withdrawal with multi payments method,
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2024-09-23 17:43
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Chady
more than one year
Gsgs
Gsgs
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2022-11-29 20:37
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