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EMRFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.emrfxtrader.com/en/read.jsp?id=14, about the company's legal and temporary regulatory information, the company's address .

EMRFX Forex Broker

Basic information

Registered region
United Kingdom
Operating period
--
Company Name
EMR FX Pty Limited
Abbreviation
EMRFX
Company employee
--
Customer Service Email Address
china@emrfxtrader.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

  General Information & Regulation

  EMRFX is a Forex broker, targeting the Chinese market. EMRFX is not currently subject to any effective regulation.

  Market Insspanuments

  Investors can trade currency pairs in the foreign exchange market on the EMRFX platform. Other than that, EMRFX does not provide information on other tradable assets.

  Minimum Deposit

  EMRFX offers only one standard account to all investors. The minimum deposit requirement is not fully disclosed.

  EMRFX Leverage

  In terms of trading leverage, and maximum trading leverage offered by EMRFX is mentioned. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

  Spreads & Commissions

  The spreads on EMR FX's standard accounts start at 4 pips, much higher than the industry standard. Most legit brokers offer spreads of 1.0 to 1.5 pips on the EURUSD standard account.

  Trading Platforms

  EMRFX claims to provide traders with the most popular MT4 trading platform, but after a simple test, we found that the MT4 login page is always in error, which shows that MT4 is just false propaganda of EMRFX.

  EMRFX Cons

  EMRFX Disadvantages Include:

  1. No regulation

  2. Only one type of account offered

  3. False advertising of the MT4 trading platform

  4. High spreads

  5. No information on the way to enter and exit the funds

  6. ID required for demo accounts, pretty cumbersome

  7. Not providing information on leverage

Rating Index

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Latest Reviews

FX2934714684

FX2934714684

Vietnam

I deposited $7,000. But since my 0.8 lot became 1.2 lot and my position was wiped out. Pay attention

Exposure

2021-03-01

FX3623565537

FX3623565537

Vietnam

I applied for withdrawal while my account has been locked. I emailed them but there is no response.

Exposure

2020-12-23

Nguyễn Văn Hạnh

Nguyễn Văn Hạnh

Vietnam

Don't listen to their expalanations. I made a loss with 0.1 lot and lost several thousand dollar.

Exposure

2020-09-22

EMRFX Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 6.99, Software Index 4.00 Risk Control Index 0.00.