EMAR Markets Review – 5 things you should know about emarmarkets.com

Beware! EMAR Markets is an offshore broker! Your investment may be at risk.

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Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

EMAR Markets is the last broker we would trust with our money. This is an unlicensed offshore enterprise that provides deceitful information about its trading conditions and that does not seem to accept clients currently. When we tried to open an account, the broker stated that it does not accept clients from our country – and it said that about every country. Our recommendation would be to stay away from such unreliable enterprises because you will only end up losing money.

EMAR Markets Regulation and Safety of Funds

EMAR Markets is an offshore broker registered in St. Vincent and the Grenadines. No broker could be licensed in this country since the local financial authority, SVGFSA, simply does not regulate forex brokers and does not impose laws in the sphere of forex trading. Recently, the SVGFSA came up with its first requirement for locally registered brokerages – they have to provide a valid license from any other jurisdiction in order to operate. In the case of EMAR Markets, however, we can assure you that the broker has provided no such license.

EMAR Markets claims to be licensed by the NFA – one of the strict authorities that regulate US forex brokers. That was definitely not the case – a quick register check proved that the broker was not an NFA member.

This means that the company is in no way regulated and is not under the supervision of any financial authority. Needless to say, trading with such a company will surely prove to be extremely risky – you will not have any guarantees that the broker would treat you fairly.

Our advice is to turn to a broker regulated in a strict jurisdiction such as the UK, the EU, or Australia. Such brokers are obligated to meet many requirements in order to prove their financial stability and have to report to authorities regularly. Working with such an enterprise is a much safer, more transparent affair.

EMAR Markets Trading Software

EMAR Markets promised access to not one but two leading trading platforms – MetaTrader 5 and cTrader. We were not, however, able to try the broker’s MT5 terminal – no download links were provided. As a whole, EMAR Markets seemed to only promise access MT5 without actually granting such.

cTrader, on the other hand, was actually available:

This platform is a great choice for beginners and experienced traders alike but we would not recommend trying it with a shady offshore broker. There are plenty of legitimate brokers that offer either cTrader or other popular platforms such as MT4 and MT5 – trading with one of them is definitely preferable.

EMAR Markets Trading instruments

EMAR Markets failed to impress us with the variety of trading instruments it offers. We were only able to trade Forex, Crypto, Metals, and Oils.

Most legitimate brokers can offer hundreds, and sometimes thousands, of trading instruments across a variety of markets – far more than these scammers.

EMAR Markets Spreads and Cost of Trading

EMAR Markets seemed to offer quite decent spreads – even as low as 0.1 pips. In our experience, however, most scam brokers manipulate platforms in order to manufacture such great results.

There are plenty of established companies that actually offer good trading conditions and tight spreads – around 1 pip and even lower – even on Standard accounts. Check out some such offers instead of wasting time on scammers.

EMAR Markets Maximum leverage

EMAR Markets supposedly offers leverage as high as 1:3000 on forex majors. While it might be tempting to start trading with such high rates, we always advise caution when it comes to leverage. If you end up trading with rates higher than you can handle, you will end up losing a lot of money very fast.

Our recommendation would be to stick to lower, safer rates. The financial authorities of many countries impose leverage restrictions. Brokers in the UK, the EU, and Australia, for example, cannot offer more than 1:30 to retail traders while those in the US could go up to 1:50.

EMAR Markets Deposit and withdrawal methods

EMAR Markets did not actually say which deposit methods it accepts. All the broker did was put the logos of a few well-known payment solutions on the website – Visa, MasterCard, Neteller, etc. We cannot, however, be sure that the broker would actually allow you to use any of these payment solutions.

Legitimate brokers usually accept a wide variety of payment solutions such as credit/debit card, wire transfer, e-wallets, and sometimes crypto.

EMAR Markets Minimum deposit

EMAR Markets’ cheapest account costs only $1 which is indeed extremely affordable. You should keep in mind, however, that this is a scam broker and whatever you deposit with them would be irrevocably lost. These days, most legitimate brokers offer extremely affordable trading accounts. You can easily start trading with some of the most established companies in the industry for as little as $5.

EMAR Markets Withdrawal requirements

EMAR Markets did not provide specific information about its withdrawal requirements. However, such scammers would usually do everything in their power to prevent you from withdrawing. Some of them charge outrageous withdrawal fees – up to 20%. Others would ask you to reach enormous turnovers before allowing any withdrawals. Whatever the case, you should be careful and always read the Terms and Conditions to make sure the broker has not included such questionable clauses.