EMPEROR Xpro-Overview of Minimum Deposit, Spreads & Leverage

EMPEROR Xpro Information

The offshore broker EMPEROR Xpro was founded in 2019 and is based in Saint Vincent and the Grenadines. It says it is regulated by using cloned licensing information, but Hong Kong officials have called it a suspicious clone because it falsely purports to be connected to real businesses. It has its own app (Eunify) and offers global trading items like forex, commodities, energy, and indices. You can also use leverage up to 1:400.

Pros and Cons

Is EMPEROR Xpro Legit?

No, EMPEROR Xpro is not regulated. Hong Kong regulators have marked it as a questionable clone. The company fraudulently says it has licenses from the Securities and Futures Commission (SFC) and the Hong Kong Gold Exchange. It does this by using names of licensed businesses like Emperor International Exchange that don't match the company's name or domain. This disparity plainly shows that licenses are being used fraudulently to trick investors.

What Can I Trade on EMPEROR Xpro?

EMPEROR Xpro has a lot of worldwide financial tools, such as 29 forex currency pairs, precious metals, energy, and major stock indexes. However, it does not support individual stocks, ETFs, or cryptocurrencies.

Account Type

There are three kinds of live trading accounts at EMPEROR Xpro: Standard, Premium, and Prestige. The broker also gives you demo accounts to use for practice. But there is no mention of Islamic (swap-free) accounts.

Leverage

Standard and Premium accounts with EMPEROR Xpro can get up to 1:400 in leverage, while Prestige accounts can get up to 1:100. While high leverage can amplify profits, it also increases the risk of significant losses.

EMPEROR Xpro Fees

The trading fees at EMPEROR Xpro are usually fair, with spreads that are not too big on FX and metals. But the site isn't clear regarding commissions and swap (overnight) fees.

Trading Platform

Deposit and Withdrawal

There are no deposit fees with EMPEROR Xpro, however, you can only make free withdrawals if you have used at least 50% of the deposit amount for margin trading. If not, a 6% fee will be charged for withdrawals. The minimum deposit is $100 (Standard Account).