Fx Emerald foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fxemerald.com/reggy/register.php, about the company's legal and temporary regulatory information, the company's address .
Fx Emerald Forex Broker
Basic Information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
ECN
PRO
Fx Emerald Forex Broker - Complete Information Guide
1. Company Overview
Fx Emerald, officially known as Fx Emerald Markets Incorporated, is a forex broker that has been operating for approximately 2 to 5 years. The exact establishment date remains unknown. This broker is headquartered in China, catering primarily to retail forex traders seeking diverse trading options.
Despite its relatively recent entry into the market, Fx Emerald has positioned itself as a broker that offers a variety of trading accounts and instruments. The company operates as a private entity, focusing on providing trading services in the forex market, including currency pairs, precious metals, and other financial instruments.
Over the years, Fx Emerald has aimed to expand its service offerings, although specific milestones in its development are not well-documented. The broker's business model primarily revolves around retail forex trading, providing clients with access to various financial markets without restrictions on account types.
In summary, Fx Emerald is a forex broker that emphasizes flexibility and accessibility for its clients, aligning with the growing demand for online trading solutions.
2. Regulation and Compliance Information
Fx Emerald currently operates without any regulatory oversight, which raises significant concerns regarding its legitimacy and the safety of client funds. The lack of regulation means that the broker is not subject to the stringent requirements imposed by recognized financial authorities.
- Regulatory Status: No regulation
- Regulatory License Numbers: Not applicable
- License Validity and Scope: No valid regulatory information available
- Legal Entities: Primarily operates under the name of Fx Emerald Markets Incorporated in China
- Client Fund Segregation Policy: Not disclosed
- Investor Compensation Fund Participation: Not applicable
- KYC and AML Compliance Measures: Not specified
Given the absence of regulatory compliance, potential traders should be aware of the high risks associated with trading through Fx Emerald. This lack of oversight can lead to issues such as unguaranteed capital security and questionable transaction fairness. Thus, it is crucial for traders to conduct thorough due diligence before engaging with this broker.
3. Trading Products and Services
Fx Emerald offers a wide range of trading products, catering to various trading preferences and strategies. The broker provides access to:
- Forex Currency Pairs: A total of 28 currency pairs are available for trading, covering major, minor, and exotic pairs.
- CFD Products: In addition to forex, Fx Emerald offers Contracts for Difference (CFDs) on commodities, indices, and cryptocurrencies.
- Special Products: Traders can access precious metals such as gold and silver, along with energy products.
- Product Update Frequency: The broker does not specify the frequency of product updates or the addition of new trading instruments.
Fx Emerald primarily serves retail traders, providing them with the necessary tools and resources to engage in the financial markets. The broker's offerings are designed to accommodate both novice and experienced traders, although the lack of regulatory oversight may deter some potential clients.
4. Trading Platforms and Technology
Fx Emerald supports several trading platforms to enhance the trading experience for its clients:
- MetaTrader 4 (MT4): Widely recognized for its user-friendly interface and robust trading features, MT4 is suitable for both beginners and experienced traders.
- MetaTrader 5 (MT5): This platform offers advanced trading tools and features for more experienced traders looking for in-depth market analysis.
- CTrader: Known for its intuitive design, CTrader provides advanced trading capabilities and is favored by algorithmic traders.
The broker does not mention the availability of proprietary trading platforms or web-based trading solutions. However, it does support mobile trading applications for both iOS and Android devices, allowing traders to manage their accounts on the go.
Fx Emerald operates on an ECN (Electronic Communication Network) model, which facilitates direct market access and competitive pricing. The broker's technology infrastructure is designed to ensure fast order execution and minimal downtime, although specific details regarding server locations are not disclosed.
Additionally, Fx Emerald supports automated trading through APIs, allowing traders to implement their trading strategies using expert advisors (EAs).
5. Account Types and Trading Conditions
Fx Emerald offers three distinct types of trading accounts, each designed to cater to different trading needs:
- Micro Account:
- Minimum Deposit: $100
- Spreads: Floating, starting at 0.4 pips (fixed spreads starting at 2 pips)
- Commission: Not specified
- Leverage: Up to 1:500
- Minimum Trade Size: 0.01 lot
- ECN Account:
- Minimum Deposit: $100
- Spreads: Floating, starting at 0 pips
- Commission: Not specified
- Leverage: Up to 1:500
- Minimum Trade Size: 0.01 lot
- Pro Account:
- Minimum Deposit: $500
- Spreads: Floating, starting at 0.2 pips
- Commission: Not specified
- Leverage: Up to 1:200
- Minimum Trade Size: 0.01 lot
- Supported Deposit Methods: Bank transfers, credit cards, and electronic wallets (specific methods not detailed).
- Minimum Deposit Requirements:
- Micro and ECN accounts require a minimum deposit of $100.
- Pro accounts require a minimum deposit of $500.
- Deposit Processing Time: Not specified
- Deposit Fees: Not disclosed
- Withdrawal Methods and Limitations: Specific withdrawal methods are not detailed, and limitations are not disclosed.
- Withdrawal Processing Time: Not specified
- Withdrawal Fee Structure: Not specified
Support Channels:
Phone: +48732085114
Email: support@fxemerald.com
Online chat and social media support are not mentioned.
Service Hours and Time Zone Coverage: Not specified
Multilingual Support: Not disclosed
Educational Resources: The broker does not provide detailed information about educational materials or resources such as webinars, tutorials, or e-books.
Market Analysis Services: Daily analysis, news updates, or research reports are not specified.
Trading Tools: Information on tools such as calculators, calendars, or signal services is not provided.
- Main Service Markets: China
- Regional Office Distribution: Not specified
- Countries/Regions Not Accepted: Not disclosed
- Special Restrictions: Not mentioned
All account types allow for a minimum trading size of 0.01 lot, making it accessible for traders with varying capital levels. However, traders should be cautious with the high leverage offered, as it can amplify both gains and losses.
6. Fund Management
Fx Emerald provides several options for fund management, allowing clients to deposit and withdraw funds conveniently:
Traders should be mindful of the lack of transparency regarding deposit and withdrawal processes, as this could pose risks in managing their funds effectively.
7. Customer Support and Educational Resources
Fx Emerald offers customer support through several channels, although specific details are limited:
Given the limited information available, potential clients may find it challenging to gauge the level of support and educational resources offered by Fx Emerald.
8. Regional Coverage and Restrictions
Fx Emerald primarily serves clients in China, with no specific mention of other regions. However, the broker does not accept clients from certain countries, which may include jurisdictions with strict regulatory requirements.
Traders should verify their eligibility to trade with Fx Emerald based on their country of residence, as regulatory restrictions may apply.
In conclusion, while Fx Emerald offers a range of trading products and services, the lack of regulatory oversight and transparency raises significant concerns. Potential traders should exercise caution and conduct thorough research before engaging with this broker. The fx emerald broker presents a mixed picture, highlighting the importance of due diligence in the forex trading landscape.