eMarkets Trade Review is eMarketsTrade Scam or Legit Broker

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eMarketsTrade

Overview

eMarkets Trade – Is This Broker Platform Scam or Not?
The Truth Exposed in 100% Full eMarketsTrade Review
Sign Up, Deposit + Withdrawal Procedures – See Below!

Details

Broker eMarketsTrade
Official Website URL www.eMarketsTrade.com
Headquarters Rm 101, Maple House 118 High Street, Purley , London, UK, CR8 2AD
Support Number +442034682618
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $2.500
Payout 85%
Demo Account Open FREE Demo NOW
Account Types Bronze, Silver, Gold, Platinum, Diamond
Deposit & Withdrawal Methods VISA, MasterCard, Monero, BitCoin, Dash, Ethereum, LiteCoin, Komodo, Ripple
Account Currency USD, EUR, GBP
Overall Score 9.4/10

Full Review

eMarketsTrade is a newly started online trading broker. According to the official information, it is going to offer to its clients access to the Forex and Cyptocurrency market. To be more specific, the brokerage started its activity in June 2020. It is owned SAS Global Trading Ltd, which is located in the British Virgin Islands. There are full contact details presented on the website of the trading platform, so everyone is able to get in touch with the developing team.

When we started to receive requests from our regular readers, we decided to satisfy their needs and demands by conducting our regular scam research. For the purpose, we fully analyzed and inspected the broker and the services it offers to the user.

The first very interesting specific feature of the platform is that it has been separated into two different trading platforms with different services – CryptoFX and Simplex Crypto.

In the following couple of paragraphs, we are going to provide you with all the interesting and important information regarding the performance and the main characteristics of the brokerage.

Review Verdict: eMarketsTrade is Not a Scam

First Look at The Platform

Here, we would offer you some more details about the 2 different platforms for trading.

  • CryptoFX – this amazing platform allows you to trade directly on the Forex market exchange of cryptocurrencies and traditional currencies. Mos of you should be aware of the fact that this is the biggest market at the moment so you will have countless options when placing your trades. The ensured additional access to the cryptocurrencies trading business is a great bonus that many people will take advantage of. This is expected considering the constantly increasing value of the different digital currencies.
  • Simplex Crypto – this is the simple version of the platform which is absolutely suitable and specially designed for beginners. Its interface is absolutely user-friendly, so you will be set to succeed in your trading experience even if you have zero former knowledge and info.

When starting to search for a reliable online broker to work with, one should closely inspect the situation with the customer support service. It should be professional and timely, otherwise, investors may lose a great amount of their invested Funds. Thankfully, the customer support care provided by eMarkets Trade is exceptional and absolutely reliable.

Account Types

As we expected, the developing team behind the Forex and crypto trading broker has prepared a wide range of available account types. You should select your preferred tier in accordance with your personal goals and experience.

  • Bronze Chain – the basic account type can be unlocked with an initial deposit amount of € 250, however, specialists recommend to start with a more significant number to boost your results from the very beginning.
  • Silver Chain – you will need at least € 5,000 to unlock this account type. In return, you will receive a Personal Chain Manager, Risk Management Team, etc.
  • Gold Chain – for this tier you will have to invest € 10,000 or more. You will then get the right to withdraw without paying a fee, a welcome bonus, and more.
  • Platinum Chain – the access to the account will cost you € 50,000. Still, you will get some premium features such as a Personal Coach, Live Trading Session, etc.
  • Diamond Chain – the most professional account needs € 100,000 initial deposit. In return, you will also unlock for yourself access to the top premium services which include Executive Crypto Indicator, Customized Crypto Package, and a Diamond Chain Bonus.

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eMarkets Trade – Is It a Scam or Not?

Based on the results we generated from our conducted research we can say that eMarkets Trade is a 100% legit and trustworthy Forex and cryptocurrency trading broker. It has all the needed tools to provide its clients with outstanding performance, timely assistance, and satisfying results.

Review Verdict: eMarketsTrade is Not a Scam

A great proof for all this is the great number of positive user testimonials that are available in the Internet space. Not to mention the fact that the other reviews for the broker are positive, too. This is why we seriously advise you to consider joining the trading tool to achieve your goals.

Conclusion

As you can see from our review so far, it is more than obvious that the eMarkets Trade broker is absolutely reliable, authentic, and legit. This is why we are sure that all the people who make up their mind and join the platform will achieve the desired results in no time. Opt for this trading tool and you won’t regret it.

eMarketsTrade Review

EMarketsTrade

Reason to avoid: No license

Listed Date: December 28, 2020

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Beware eMarketsTrade is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: Kalessica
  • Registration/license: None
  • Registration/license requirement: –

eMarketsTrade is a Forex, CFDs and cryptocurrency broker. The company is owned and operated by Kalessica that claims to be located in Cyprus. According to the information on the website, the company is not just based in Cyprus, but it is also regulated there by the Cyprus Securities and Exchange Commission (CySEC) under registration number 380321. However, there is no such entity registered with the regulator. The broker provides different contact numbers with phone codes of the UK, Italy, and Germany. It usually means that the company is targeting residents of those countries, but eMarketsTrade is not authorized to provide financial services in any of the mentioned or other countries.
Moreover, the UK’s regulator Financial Conduct Authority has recently issued a warning against eMarketsTrade and Kalessica:
“This firm (Kalessica t/a emarketstrade.com) is not authorised by us and is targeting people in the UK. Based upon the information we hold, we believe it is carrying on regulated activities which require authorisation.”

It is clear that traders should stay away from unregulated entities such as eMarketsTrade, especially when they use fake registration information to get clients’ trust. We strongly advise you to only deal with financial firms that are authorised by reliable regulators like FCA in the UK or CySEC in Cyprus. You can always check the registers of the authorized brokers on their website to ensure that the company you want to invest with is properly regulated. Check the list of the CySEC-regulated brokers.

Tradefred Review: Scam or Legit Broker?

Tradefred Review: Scam or Legit Broker?

2 Comments

Last Updated: Nov 26, 2020 @ 12:14 pm

Tradefred is a broker offering Forex and CFDs trading instruments. The platform claims that it is designed to offer a product that suits every investor’s style of trading. They offer dedicated personal account managers and a customer support system which ensures that they can achieve their business goal.

In case you’re looking for a customer friendly broker who is interested in acquiring and retaining their customers, this list has some of the best in the industry. If you are new to trading, you will need a broker aside from a Forex robot or a skill that enables you to trade like a professional. If you don’t have a Forex robot yet, go here and sign up.

Tradefred Review

Tradefred is affiliated with the famous sports betting company, Betfred. This is licensed by CySec and offers their services on two platforms while claiming to offer negative balance protection. Since Tradefred is regulated, many traders might assume that their service is really good and reliable but that is not always the case. One of the requirements that come with these regulations is that funds of their clients must be held in segregated accounts. This ensures that the Forex broker is successfully implementing the negative balance protection as claimed on their website.

While Tradefred offers features that some traders might find convenient, this broker is not free from the usual setbacks which are common with most brokers in this industry. One of the features offered on this platform is social trading. Through this social trading feature, the broker is forming a community of traders who can share their skills and successes with other traders who have less experience in trading. However, it is important to note that social trading on this platform is anonymous because users don’t give their personal details or their trading accounts.

Based on this feature alone, Tradefred believes that it is the best trading platform for both novice and experienced traders. It offers a chance to join a community of like minded traders and also the chance to learn from the best. The question is this, if these traders are anonymous, how can we effectively engage them? That is the question that many of you might be asking at this point in time.

Trading platform

A web based platform is offered in addition to the usual MT4 platform. MT4 is highly favored and for some traders, they can’t do without it. The main advantage of this platform is that it is so versatile that it supports a vast array of trading indicators and expert advsors including custom ones. The options are unlimited. As for their web based trading platform, we discovered that this was something that looked like Sirix web. It is equipped with social stream feature which agrees very well with the social trading feature which the broker has put in place.

�� Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2020! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020 . If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

Leverage

Leverage offered by this broker is up to 1:50. This is quite low considering that most brokers are now offering up to 1:500. But you must also understand that trading with high leverage carries a certain risk with it. This is why US regulators decided to set a limit on the maximum amount of leverage that traders can access with their brokers. According to them, the maximum should be 1:50.

Minimum deposit

To open an account with Tradefred and actually start trading, the broker requires a minimum investment of $100. This is considered an average that most brokers will ask you to open an account with. However, there are some brokers who have lowered this limit and can accept $50 or less. Under funding your account is not a good thing though because it is one of the reasons why traders fail.

For you to survive in a dynamic Forex market place, you must have sufficient funding. Or else, just one trade will kick you out of the market just before it can head to the right direction. It is therefore never safe to under fund your trading account and trade the live market anyway.

Spreads and commission

Tradefred claims that they are offering fixed spreads for currency pairs like EURUSD. The spread for this particular pair is 3 pips. This is not a good spread by all means because most professional brokers won’t go beyond the 1.5 pips mark unless they are looking to steal from you. This is by no means a fair trading condition. Whether fixed or floating, you should look for a broker that is offering favorable spreads for trading. These can be found on this list in case you are looking for a good broker that gives you fair trading conditions while respecting your rights as a customer.

Funding methods

Tradefred offers a number of funding methods on their platform. This is for the convenient of their customers. These methods include Bank Transfer, Credit/Debit Card, Broker to Broker transfer, WebMoney and Qiwi. However, you have to be aware of the fact that broker to broker transfers or bank transfers usually take longer. So if you don’t wish to wait a little longer, the best method to utilize is credit card payments because you are also covered by the consumer rights as stated in the policies of the credit card issuer.

Customer reviews

Is Tradefred a scam? To find out, we consulted a number of customer reviews on the same. Some customers claim that the broker does not process withdrawal requests whatsoever and we know that this is a common problem with many brokers out there especially if they are of dubious nature. They simply ignore client requests once those clients have deposited funds on their platform.

This worries us a lot concerning the conduct of Tradefred and we believe that the devil is in the details. These customers can’t be wrong and are definitely not speaking lies.

Our best advice for you

While their features seem attractive to newbies, its spreads are too wide. We feel this is a rip off. On top of that, their maximum leverage is insufficient. Please stick to these brokers if you can.

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