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FXEM Company

  

FXEM Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  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.

  

Parent Company/Ownership Structure

  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.

  

Headquarters Location

  The company is headquartered in Port Louis, Mauritius, with its official address being 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis.

  

Global Business Scope

  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.

  

Main Regulatory Bodies

  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.

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2. Company History and Development

  

Key Milestones

  • 2010: FXEM was founded, aiming to provide a transparent trading experience without dealing desk interference.
  • 2017: The establishment of the Empire Markets Group, enhancing FXEM's operational capabilities and market reach.

  

Business Expansion Journey

  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.

  

Customer Base Growth

  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.

  

Platform Development History

  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).

  

Important Awards or Recognitions Received

  While specific awards have not been detailed, FXEM has gained recognition for its commitment to client education and transparency in trading practices.

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3. Trading Services Offered

  

Forex Trading Options

  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.

  

Stock Trading Options

  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.

  

CFD Trading Products

  FXEM offers a variety of CFD trading products, including:

  • Commodities: Traders can access CFDs on both hard and soft commodities.
  • Indices: The broker provides CFDs on major U.S. and European stock indices, enabling clients to trade on market movements.
  • Precious Metals: Trading options include gold, silver, platinum, and palladium.
  • Energies: Clients can trade CFDs on oil and natural gas.

  

Other Financial Instruments

  FXEM also allows trading in cryptocurrencies, including popular options like Bitcoin, Ethereum, and XRP. This diversification enables traders to explore various market opportunities.

  

Special Services or Unique Advantages

  FXEM distinguishes itself with several unique advantages:

  • Low Spreads: The broker offers competitive spreads starting from as low as 0 pips.
  • Deep Liquidity: FXEM provides access to deep liquidity, ensuring quick execution and minimal slippage.
  • Educational Resources: The FXEM Academy offers extensive educational materials, including webinars and tutorials, to support traders of all levels.

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Detailed Regulatory Information

  FXEM is regulated by:

  • Financial Services Commission, Mauritius
  • Financial Services Authority, St. Vincent and the Grenadines

  

  • Mauritius: Empire Markets Limited operates under the regulatory framework established by the Financial Services Commission.
  • St. Vincent and the Grenadines: Empire Markets LLC is registered but currently lacks comprehensive regulation.

  

Client Fund Protection Measures

  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.

  

Countries/Regions Served

  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.

  

Compliance History

  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.

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5. Competitive Landscape

  

3-5 Main Competitors

  FXEM competes with several notable brokers in the forex and CFD trading space, including:

  • IG Group
  • OANDA
  • eToro
  • FXCM

  

Positioning in the Industry

  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.

  

Market Differentiation Factors

  FXEM differentiates itself through:

  • Comprehensive Educational Resources: The FXEM Academy provides traders with tools to enhance their skills.
  • Deep Liquidity Access: This feature allows for faster execution and better pricing.
  • Wide Range of Instruments: FXEM offers a diverse selection of trading products, catering to various trading strategies.

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  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.