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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Emextrade

Dominica Dominica | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://emextrade.io/

Website

Rating Index

Contact

https://emextrade.io/
8 Copthall, Roseau valley, 00152 Commonwealth of Dominica

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Dominica
Operating Period
5-10 years
Company Name
Emextrade
Email
compliance@emextrade.io
Company Website
Address
8 Copthall, Roseau valley, 00152 Commonwealth of Dominica
Account Info
Verified Site
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Official Website

Verified Site

  • emextrade.io
    104.21.12.132
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    --
    Website Name
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    Company
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Emextrade

Related Companies

EMEX Trade GmbH
Dominica
EMEX Trade GmbH
Active
Dominica
Registration No.491545k
Est. Date
SourceWebsite Announcement

Company Profile

Company Profile

Review summary

General Information

Emextrade is a broker owned and operated by Sequoia Group LTD, a company operating out of the offshore haven of Dominica. Emextrade is engaged in providing clients with various financial products and services.

Market Instruments

Emextrade offers investors a range of financial instruments including forex currency pairs, cryptocurrencies, etc.

Accounts & Leverage

There are four kinds of account types for investors to choose from at Emextrade, namely Standard (minimum deposit of €250), Silver (minimum deposit of €10,000), Gold (minimum deposit of €25,000), VIP (minimum deposit of €100,000). The maximum leverage is up to 1:200.

Spreads

The spread on EURUSD is 3 pips.

Trading Platform Available

Emextrade provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform as well as a common web trader.

Deposit & Withdrawal

Funding options include credit cards, wire transfer and cryptocurrecies.

Customer Support

If clients have any questions or concerns, please email at compliance@emextrade.io for consultation.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Emextrade a scam or a legit trading platform?

Emextrade is an unregulated entity that lacks any credible financial oversight, representing a high-risk profile for traders.

04-02
United States

What is the regulatory status of Emextrade?

Emextrade holds no valid regulatory licenses from major financial authorities for its forex and CFD trading services, meaning it functions entirely outside of established oversight frameworks.

04-02
United States

Where is Emextrade registered?

Emextrade is registered in Dominica and has been operating for between 5 to 10 years, offering accounts with minimum deposits from €250 (STANDARD) to €100,000 (VIP), all featuring leverage up to 1:200 and support for Expert Advisors and scalping strategies.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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