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FXEM, also known as Empire Markets, was established in 2010. The company emerged as a premier online forex broker designed to cater to both retail and institutional traders. FXEM aims to provide a transparent, efficient trading environment that empowers traders to take control of their financial futures.
FXEM operates under Empire Markets Limited, which is part of a diverse portfolio of brands within the Empire Markets Group. This structure allows FXEM to leverage shared resources and expertise across its various brands, enhancing its service offering and operational efficiency.
The company is headquartered in Port Louis, Mauritius, with its official address being 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis.
FXEM provides trading services to clients worldwide, focusing primarily on forex, commodities, indices, and cryptocurrencies. The broker aims to cater to a global clientele by offering multi-lingual support and a robust trading platform accessible from various regions.
FXEM is authorized and regulated by the Financial Services Commission in Mauritius under license number GB 22200699. Additionally, it is registered with the Financial Services Authority in St. Vincent and the Grenadines, although it currently lacks comprehensive regulation in certain markets.
Since its inception, FXEM has expanded its services to include a wide range of trading instruments. The broker has continuously improved its trading platforms and tools, responding to the evolving needs of its clients.
FXEM has experienced steady growth in its customer base, supported by its commitment to providing a user-friendly trading experience and educational resources. As of the latest reports, FXEM serves a diverse clientele across multiple regions.
FXEM initially launched its trading platform with basic functionalities and has since upgraded to advanced trading platforms like MetaTrader 5 (MT5). The platform supports various trading styles, including scalping and automated trading through Expert Advisors (EAs).
While specific awards have not been detailed, FXEM has gained recognition for its commitment to client education and transparency in trading practices.
FXEM offers a robust selection of forex trading options, providing access to over 60 currency pairs. This includes major, minor, and exotic pairs, allowing traders to diversify their portfolios effectively.
The broker provides Contracts for Difference (CFDs) on a wide range of stocks, including both U.S. and global equities. This allows clients to speculate on price movements without owning the underlying assets.
FXEM offers a variety of CFD trading products, including:
FXEM also allows trading in cryptocurrencies, including popular options like Bitcoin, Ethereum, and XRP. This diversification enables traders to explore various market opportunities.
FXEM distinguishes itself with several unique advantages:
FXEM is regulated by:
While FXEM operates under regulatory oversight, clients should be aware that the level of protection may vary based on the jurisdiction. The broker emphasizes transparency and strives to implement measures to protect client funds.
FXEM serves clients globally, with a focus on regions that permit forex and CFD trading. The multilingual customer service team supports clients in 18 languages, enhancing accessibility.
FXEM maintains a commitment to compliance, though it has faced scrutiny regarding its regulatory status in certain markets. The broker continues to work towards enhancing its regulatory framework.
FXEM competes with several notable brokers in the forex and CFD trading space, including:
FXEM positions itself as a client-focused broker, emphasizing transparency, low trading costs, and a user-friendly trading experience. The broker aims to attract both retail and institutional traders.
FXEM differentiates itself through:
In conclusion, FXEM has established itself as a prominent player in the online forex and CFD trading industry. With a commitment to transparency, education, and client service, the broker continues to empower traders worldwide. For more information on FXEM's offerings and services, visit their official website: learn more.