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Emarlado Forex Broker provides real users with 2 positive reviews, * neutral reviews and * exposure review!

Emarlado Broker Review

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Emarlado Review 2

Latest All(2) Positive(2)
Positive
Great investment company

I started with this company from 250 USD and having good so i invested more and getting more profits. Its been 6 months and everything is good so far.

Neha Khan
2024-10-14
Positive

I had a very good experience with Emarlado. I invested 250 USD and i having a good return daily.

Neha Khan
2024-10-13

  

Emarlado 2025 Review: Everything You Need to Know

  Emarlado has emerged as a notable player in the online trading industry, offering a range of financial services to traders of all experience levels. While the broker has garnered a mix of positive and negative reviews, it is essential to analyze its key features, user experiences, and regulatory standing. Notably, Emarlado operates under the oversight of the Mwali International Services Authority, which is a point of concern for some traders due to its classification as a tier-3 regulator.

  Note: It is crucial to be aware that Emarlado operates under different entities depending on the region, which can affect its services and regulatory compliance. This review aims to provide a balanced perspective based on various sources to ensure fairness and accuracy.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7.0
Customer Service and Support 6.0
Trading Experience 7.5
Trustworthiness 3.5
User Experience 6.8

  We rate brokers based on user feedback, expert opinions, and factual data from reliable sources.

  

Broker Overview

  Founded in late 2023, Emarlado is operated by Starlight Wave Ltd and is headquartered in Saint Lucia. The broker offers a proprietary trading platform known as WebTrader, which is accessible directly through web browsers, eliminating the need for downloads. Traders can access a variety of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Emarlado is regulated by the Mwali International Services Authority, which has raised some concerns regarding the level of investor protection it offers.

  

Detailed Breakdown

  • Regulated Regions: Emarlado primarily serves clients in the European Economic Area (EEA), but it does not provide services to residents of the USA, Canada, and North Korea due to legal constraints.
  • Deposit/Withdrawal Currency: The broker allows deposits and withdrawals in USD, EUR, JPY, and INR.
  • Minimum Deposit: The minimum deposit required to open an account is $250.
  • Bonuses/Promotions: Emarlado does not prominently feature bonuses or promotional offers, but it does maintain a zero-commission policy on deposits.
  • Asset Classes: Traders can access over 160 tradable assets, including major, minor, and exotic forex pairs, commodities like gold and oil, indices, stocks, and cryptocurrencies.
  • Costs (Spreads, Fees, Commissions): Emarlado employs a commission-free trading model, but spreads can be relatively high—starting from 2.5 pips for standard accounts. A withdrawal fee of 3.5% applies to debit/credit card transactions, while wire transfers incur a $30 fee.
  • Leverage: The broker offers leverage up to 1:400 for forex trading, but this is a significant risk factor that traders should consider.
  • Allowed Trading Platforms: The primary platform available is WebTrader, which is user-friendly and designed for traders of all experience levels.
  • Restricted Areas: Emarlado does not provide services to residents of specific countries, including the USA, Canada, and North Korea.
  • Available Customer Support Languages: Customer support is offered in multiple languages, primarily English.

  

Rating Overview (Detailed)

  

Account Conditions: 6.5/10

  Emarlado offers a range of account types, including Classic, Silver, Gold, Platinum, and VIP accounts. However, the minimum deposit of $250 may be a barrier for some novice traders. Additionally, the lack of cent accounts could limit accessibility for those looking to trade with smaller amounts.

  

Tools and Resources: 7.0/10

  The WebTrader platform is designed to be intuitive, providing essential tools for market analysis and trade execution. However, the absence of more advanced trading platforms like MT4 or MT5 may deter experienced traders seeking sophisticated features.

  

Customer Service and Support: 6.0/10

  While Emarlado claims to offer 24/7 customer support, user feedback indicates that response times can be slow, particularly during peak hours. The lack of a callback option and limited hours for direct support may also pose challenges for traders requiring immediate assistance.

  

Trading Experience: 7.5/10

  Users have reported a generally positive trading experience, citing quick order execution and a user-friendly interface. However, concerns about high spreads and the potential for slippage during volatile market conditions remain.

  

Trustworthiness: 3.5/10

  The regulatory standing of Emarlado is a significant concern. Although it is regulated by the Mwali International Services Authority, it is classified as a tier-3 regulator, which may not provide adequate investor protection compared to more reputable regulatory bodies.

  

User Experience: 6.8/10

  Overall user experiences are mixed. Many users appreciate the platform's ease of use and the variety of available assets, while others express concerns about the broker's transparency and the high costs associated with trading.

  In conclusion, while Emarlado offers a variety of trading opportunities and a user-friendly platform, potential traders should carefully consider the risks associated with its regulatory status and trading conditions. Conducting thorough research and weighing the pros and cons will be essential for making an informed decision.