Review summary
EMTILAK Inc., also known as Emtilak, is a relatively new entrant to the foreign exchange brokerage space, having operated for approximately 1-2 years. The company is officially registered in Saint Lucia, a jurisdiction that WikiFX classifies as a Suspicious Operational Region. This classification is a significant point of concern, as the broker currently operates with no valid, authoritative forex trading licenses from any recognized financial regulatory body. According to the WikiFX scoring system, the firm holds a very low overall score of 1.25, reflecting an absence of regulatory oversight and no demonstrable risk control framework. For prospective traders, EMTILAK offers a selection of account types including Classic, Pro, and ECN/Institutional, with minimum deposits ranging from $250 to $20,000 and maximum leverage up to 1:300 on certain accounts. All accounts support features such as scalping, hedging, and Expert Advisors (EAs). The lack of any formal regulation means client funds are not protected by standard compensation schemes or segregation rules that are typical of licensed entities. Consequently, engaging with this broker involves a substantially elevated level of financial risk that requires careful consideration. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-02)
