FXEM foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fxem.com/trading-accounts/live-account/, about the company's legal and temporary regulatory information, the company's address 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis, Mauritius.
FXEM was established in 2010 and registered in Mauritius. Currently, FXEM lacks valid regulations.
The company offers six asset classes: forex, commodities, precious metals,equity indices, stocks, and energies. It also provides access to the MT5 trading platforms and the demo account.
Pros | Cons |
The spread starts at 0 | Not support MT4 |
24/5 service | No Regulation |
0 minimum deposit (Pharaoh) | No payment method information is provided |
support MT5 | |
Providing Islamic accounts |
FXEM is an unregulated brokerage.
FXEM offers 90+ trading instruments and 60+ forex pairs, including forex, commodities, precious metals,equity indices, stocks, and energies.
Forex:Trade CFDs on 60+ FX pairs with low spreads.
Commodities:Hard and soft commodities available.
Indices:Major US & European Stock Indices.
Precious Metals:Can trade Gold, Silver, Platinum, Palladium.
Stocks: Trade CFDs on global stocks
Energies:Offers Brent crude oil and natural gas with no hidden fees.
FXEM offers demo and Islamic trading accounts.
FXEM also has 4 account types to choose from: King, Caesar, Emperor, Pharaoh.
Among them, the minimum deposit is $0 and the maximum leverage is 1:400.
Account Types | King | Caesar | Emperor | Pharaoh |
Currency 1 (USD) | Yes | Yes | Yes | Yes |
Currency 2 (EUR) | Yes | Yes | Yes | Yes |
Minimum Leverage | 1:01 | 1:01 | 1:01 | 1:01 |
Maximum Leverage | 1:400 | 1:400 | 1:400 | 1:400 |
Spread starting from | 1 pip | 0.7 | Zero | 1.6 pip |
Commission applied? | Zero | Zero | 3 USD | Zero |
Minimum Deposit | 100 | 500 | 1,000 | No |
Maximum Deposit | No | No | No | No |
Tired Margin Applied? | Yes | Yes | Yes | Yes |
Instruments | Full Range | Full Range | Full Range | Full Range |
Hedged margin | 50% | 50% | 50% | 100% |
Margin call | 100% | 100% | 100% | 120% |
Stop out | 50% | 50% | 50% | 100% |
Order execution | Market | Market | Market | Market |
Swap-free | Available | Available | Not Available | Available |
Minimum lot size | 0.01 | 0.01 | 0.01 | 0.01 |
Maximum lot size | As per the instrument Spics | As per the instrument Spics | As per the instrument Spics | As per the instrument Spics |
To open an account, the user will need to fill out personal information on this page, including name, country, country number, and password, email,currency,and phone number.
Then press the ‘Register’ button to complete the account creation process.
The leverage is capped at 1:400 for all account types.
Emperor account spreads start from 0 pip.
Spreads on King accounts start from 1 pip, spreads on Caesar accounts start from 0.7.
Pharaoh account has the highest spreads, starting from 1.6 pip.
The Emperor account charges a commission of $3 and swap fees are charged. The remaining accounts do not charge commission and swap fees are waived.
The trading platforms offered by FXEM are MT5. MT5 can be used on desktop, mobile, tablet and web.
Simultaneous provision of social trading services.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Desktop, Mobile, Tablet, Web | Professional traders andbeginners |
MT4 | ❌ |
Information about deposit and withdrawal methods is not disclosed on the official website.
Chady
Egypt
Gsgs
Positive
2022-11-29
Fatma 1433
Egypt
I worked with them for more than a year and a half, and they are really very respectable people and an organized company that is considered one of the best companies that I dealt with in general regarding the speed of withdrawals and dealings, and God willing, I will continue to work with them
Positive
2022-11-29
FX3357258178
Jordan
i have a very good experience with this broker for more than a year , they fully stp regulated, the fastest execution ever , no delay in withdrawal with multi payments method,
Positive
2024-09-23