摘要: FXEM, headquartered in Mauritius and established in 2018, offers a diverse range of financial products and services, including Forex trading, stocks, commodities, equity, indices, precious metals, and energies. Despite being unregulated, FXEM provides multiple account types to meet varying trading needs, namely King, Caesar, Emperor, and Pharaoh accounts, each offering different features and benefits such as leverage of up to 1:400. While spreads range from 0 to 1.6 pips, commissions are applicable only for Emperor accounts, set at $3, while other account types enjoy commission-free trading. The availability of a demo account allows users to practice and familiarize themselves with the platform before trading live. FXEM's trading platform, MT5, is accessible across multiple devices including PC/MAC, smartphones, and tablets, providing convenience and flexibility for traders. Moreover, the company offers customer support through an online messaging system and offline consul
Aspect | Information |
Company Name | FXEM |
Registered Country/Area | Mauritius |
Founded Year | 2018 |
Regulation | Unregulated |
Products & Services | Forex Trading,Stocks,Commodities,Equity,indices,Precious Metals,Energies |
Account Types | King,Caesar,Emperor,Pharaoh |
Leverage | Up to 1:400 |
Commissions & Spreads | Spreads:from 0 to 1.6 pipsCommissions:Emperor:$3,other accounts:zero |
Demo Account | Available |
Trading Platform | MT5(PC/MAC,Smartphones,Tablet) |
Customer Support | Online messaging system,Offline consultance |
FXEM, headquartered in Mauritius and established in 2018, offers a diverse range of financial products and services, including Forex trading, stocks, commodities, equity, indices, precious metals, and energies.
Despite being unregulated, FXEM provides multiple account types to meet varying trading needs, namely King, Caesar, Emperor, and Pharaoh accounts, each offering different features and benefits such as leverage of up to 1:400.
While spreads range from 0 to 1.6 pips, commissions are applicable only for Emperor accounts, set at $3, while other account types enjoy commission-free trading.
The availability of a demo account allows users to practice and familiarize themselves with the platform before trading live. FXEM's trading platform, MT5, is accessible across multiple devices including PC/MAC, smartphones, and tablets, providing convenience and flexibility for traders.
Moreover, the company offers customer support through an online messaging system and offline consultation, ensuring assistance is readily available.
FXEM operates without regulation, as it is an unregulated brokerage firm.
While it offers a range of financial products and services, including Forex trading, stocks, commodities, and more, the lack of regulatory oversight means that clients will not benefit from the protections and safeguards typically provided by regulated entities.
Pros | Cons |
Various Portfolio Opportunities | Unregulated Status |
High Leverage | Limited Customer Support |
Low Fees | No Educational Resources Offered |
Different Account Types | Limited Trading Platform |
Pros
Various Portfolio Opportunities: FXEM offers a wide range of trading options including Forex, stocks, commodities, equity, indices, precious metals, and energies. This variety enables traders to diversify their portfolios and take advantage of different market opportunities.
High Leverage: The company provides high leverage up to 1:400, which can amplify potential gains for traders (although it also increases potential risks).
Low Fees: FXEM offers competitive pricing with spreads ranging from 0 to 1.6 pips and zero commissions on all accounts except the Emperor account, which has a $3 commission.
Different Account Types: Multiple account types (King, Caesar, Emperor, Pharaoh) provide traders with options to select the one that best fits their trading style and financial goals.
Cons
Unregulated Status: FXEM is unregulated, which might pose significant risks to traders due to the lack of oversight and protection typically offered by regulatory bodies. This could affect the security of funds and the overall reliability of the broker.
Limited Customer Support: The support options are restricted to an online messaging system and offline consultancy, which might not be sufficient for traders needing immediate or diverse forms of assistance.
No Educational Resources Offered: The absence of educational resources can be a significant drawback, especially for novice traders who require learning materials to understand trading and risk management better.
Limited Trading Platform: While MT5 is a robust platform, the lack of other platform choices might limit traders who prefer other trading software or who seek specific functionalities not supported by MT5.
FXEM offers various market instruments for its users.
Forex Trading encompasses a diverse range of currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor pairs such as EUR/GBP and GBP/JPY, and exotic pairs like USD/TRY and EUR/SEK, providing traders with a vast array of opportunities to speculate on global currency movements.
Stocks trading offers access to individual company stocks like Apple Inc. (AAPL), Microsoft Corporation (MSFT), and Amazon.com Inc. (AMZN), along with broader indices like the S&P 500 and the NASDAQ Composite, enabling investors to participate in the growth and performance of specific companies or entire sectors.
Commodities trading involves agricultural commodities such as Corn, Wheat, and Soybeans, energy commodities like Crude Oil and Natural Gas, and metal commodities including Gold, Silver, and Copper, allowing traders to take positions on the prices of essential raw materials.
Equity Indices trading provides exposure to major stock market indices such as the S&P 500 and the FTSE 100, as well as regional indices like the DAX (Germany) and the Hang Seng Index (Hong Kong), enabling investors to track the overall performance of specific markets or sectors.
Precious Metals trading includes assets like Gold, Silver, and Platinum, available in both spot and futures contracts, offering a hedge against inflation and economic uncertainty.
Energies trading involves Crude Oil, Natural Gas, and Heating Oil, with futures contracts available for each commodity, allowing traders to capitalize on fluctuations in global energy markets.
FXEM provides 4 types of account to its users.
The King account type at FXEM offers traders access to a diverse range of currency pairs with competitive spreads and flexible leverage options. It supports hedged margin trading and provides a market-based order execution system. Traders can enjoy swap-free trading and benefit from margin call and stop-out levels that help manage risk effectively.
The Caesal account type provides traders with a various selection of trading instruments and a good trading experience with low spreads and high leverage. It allows for hedged margin trading and offers market order execution. Additionally, traders can take advantage of swap-free trading options to accommodate their specific trading preferences.
The Emperor account type offers commission-free trading with fixed spreads and a transparent commission structure. It attracts traders seeking low-cost trading solutions with high leverage options. With market order execution and support for hedged margin trading, traders can execute their strategies efficiently while managing risk effectively.
The Pharaoh account type is designed for experienced traders looking for advanced trading features and personalized support. It offers access to a wide range of instruments with competitive spreads and flexible leverage options. Traders can benefit from market order execution and swap-free trading, along with robust risk management tools such as margin call and stop-out levels.
Account Type | Min Leverage | Max Leverage | Spread | Commission | Min Deposit | Swap-free | Min Lot Size |
King | 1:400 | 1 pip | Zero | No | 100 | Market | 0.01 |
Caesar | 1:400 | 0.7 | Zero | No | 500 | Market | 0.01 |
Emperor | 1:400 | Zero | 3 USD | No | 1000 | Not Avail. | 0.01 |
Pharaoh | 1:400 | 1.6 pip | Zero | No | - | Market | 0.01 |
Opening an account with FXEM is a straightforward process. Here are four simple steps to get started:
Visit FXEM Website: Navigate to the FXEM official website to begin the account opening process. Look for the “Fund Your Account” button on the homepage.
Provide Personal Information: Fill out the online application form with your personal details, including your full name, email address, phone number, and residential address. Make sure to provide accurate information as it will be used for account verification.
Choose an Account Type: Select the account type that best suits your trading needs and preferences. Consider factors such as leverage, minimum deposit requirements, and available instruments when making your choice.
Verify Your Identity: Once you've submitted the application form, you'll need to verify your identity and residency. This typically involves providing scanned copies of your identification documents, such as a passport or driver's license, as well as proof of address, such as a utility bill or bank statement.
In FXEM, all trading accounts offer a leverage of 1:400. This consistent leverage level across all account types provides traders with equal access to amplified trading opportunities, enabling them to control larger positions with a relatively smaller amount of capital invested.
FXEM offers competitive spreads and transparent commission structures across its range of account types.
Commissions: FXEM implements a commission-free model across its range of account types, including the King, Caesar, Pharaoh.For Emperor account,there exists commissions for $3.
Spreads: The King account features spreads starting from 1 pip, ensuring cost-effective trading execution. The Caesar account offers even tighter spreads, starting from 0.7 pips, while the Emperor account boasts zero spreads, allowing traders to capitalize on price movements without the burden of spread costs. The Pharaoh account, with spreads starting from 1.6 pips.
FXEM's trading platform is the widely acclaimed MetaTrader 5 (MT5), accessible across various devices including PC, Mac, smartphones, and tablets.
MT5 provides a various suite of tools and features, allowing traders to access global financial markets with ease and precision. With its user-friendly interface and advanced functionalities, traders can execute trades, analyze market trends, and manage their portfolios easily.
Whether on a desktop or on the go, MT5 ensures a consistent and reliable trading experience, empowering traders to stay connected to the markets and make informed decisions anytime, anywhere.
FXEM offers customer support through a limited range of channels to assist you with any inquiries or concerns you will have.
Users can easily connect with FXEM by online 24/5 messaging system. Additionally, FXEM is dedicated to providing offline consultance service. For more direct assistance, users can also visit us at their physical location situated at Sterling Tower, 14 Poudrière St, Port Louis, Mauritius.
In conclusion, FXEM offers a various trading experience with a variety of account types, competitive spreads, and a user-friendly MT5 platform accessible across multiple devices.
Despite its limited customer support options, FXEM strives to provide efficient assistance through online messaging and offline consultance services.
Traders can benefit from high leverage options and a wide range of trading instruments, ensuring flexibility and diversity in their investment strategies.
Question: What trading platform does FXEM offer?
Answer: FXEM provides access to the MT5 platform, available on PC, MAC, smartphones, and tablets.
Question: What are the minimum and maximum leverage options available?
Answer: All accounts at FXEM offer a maximum leverage of 1:400.
Question: What are the available account types and their features?
Answer: FXEM offers four account types—King, Caesar, Emperor, and Pharaoh—each with varying spreads, commissions, and minimum deposit requirements.
Question: How can I contact customer support?
Answer: FXEM offers customer support through online messaging and offline consultancy services. Additionally, you can visit their physical location in Mauritius.
Question: What are the commission structures and spreads?
Answer: FXEM's commission structures vary depending on the account type, while spreads start from 1 pip and are subject to change based on market conditions.