eMarketsTrade

Trading Platform

eMarkets Trade features not one but two highly sophisticated trading platforms that have been designed to satisfy the needs of two specific groups of online traders, experienced and novice traders. Both platforms utilize the ever popular MetaTrader 4 (MT4) trading software but just have different user interfaces and features. See a brief overview of the two trading platforms below.

CryptoFX Platform

This online trading platform is specifically designed for experienced traders and features all of the advanced tools and features the MT4 trading software is known for. As well, the platform is visually stunning and intuitively designed. Traders can choose from a wide range of trading strategies, technical indicators, charting tools, and various other things for analysis. As well, this platform supports social and copy trading.

SimpleX Trading Platform

The trading interface offered by this platform is very simple and basic which is attractive to new crypto and CFD traders. The process of trading is intuitive and continuous, making it easy for beginners. This trading platform also provides access to all the basic features of the MT4 trading software which helps traders to gain experience and knowledge.
All in all, the trading platforms offered by eMarkets Trade are well though out and very attractive to a wide variety of traders.

Exchange Markets

eMarkets Trade deals solely in the forex and cryptocurrency markets with a heavy emphasis on crypto CFD trading. While the broker supports forex and crypto trading, there is very limited information available as to the extent of these markets offered. For instance, eMarkets does not state how many tradeable assets they support or what they are. However, we do know that eMarkets supports the trading of Bitcoin (BTC), Litecoin (LTC), Monero (XMR), Dash (DASH), Ethereum (ETH), Bitcoin Cash (BCH), Komodo (KMD), and Ripple (XRP). We know they offer these cryptocurrencies to trade because they support them as payment methods for deposits and withdrawals. As for currency pairs available, it’s safe to assume they support a wide array of currency pairs including Majors, Minors, and Exotics.

Fees and commission

eMarkets Trade charges fees based on the spread of the underlying asset being traded. The spread fee is always included in the price and there are no extra hidden fees. The spreads vary between currencies and cryptos but are fairly reasonable and competitive. However, the website does not state anywhere what these fees are, and users must contact support if they want a clear answer. As for withdrawal fees there are none, except for in the case of withdrawing bonuses, traders will incur a fee of around 30% when withdrawing bonuses. Overall, the fees imposed by eMarkets Trade are said to be competitive, however we were not able to get a definitive trading fee amount to verify this.

Security and Fairness

eMarkets Trade appears to be a very safe and secure online trading brokerage, even though they are not regulated by any reputable regulatory authorities. As well, the broker is relatively new, but has built up a descent reputation in the online trading space. Regarding security of client funds, they are held offline in cold storage wallets and the private keys have been GPG and AES-256 encrypted and replicated at max security locations. Also, the brokers servers are running on the latest security protocols and are resilient to all sorts of hacks and attacks so that a user’s data is protected at all times. An additional security feature users’ can implement is two factor authentication techniques for log ins and withdrawals. All in all, the security eMarkets Trade implements appears to be top of the line and they have yet to have any hacks or security breaches.

Support

eMarkets Trade offers customer support via a variety of methods which are available 24 hours a day, 7 days a week. Clients can reach support representatives via live chat, email, a contact form, or from any 3 of their contact numbers for English, German, or Italian speaking people. The level of support offered is sufficient and fairly quick to respond. Additional methods of support are rather limited and include just a glossary and some content on the website. We found it odd that eMarkets Trade does not have an FAQ section on their site or any social media presence to reach out to the community or team behind eMarkets Trade.

Conclusion

eMarkets Trade is a relatively new online trading brokerage offering traders the opportunity to trade CFDs on cryptocurrencies and forex. The broker offers two sophisticated trading platforms which cater two all type of traders whether they’re just starting out or are highly advanced. The broker remains unclear on some key aspects of their services such as the extent of tradeable assets and associated trading fees. However, eMarkets Trade employs top of the line security measures and appears to be a very safe and secure online trading broker thus far. The support offered by eMarkets trade is pretty good with plenty of options but is lacking compared with many of the top online brokers. All in all, eMarkets Trade is an interesting option when it comes to trading forex and CFDs and could be one to investigate.

eMarkets Trade Q&A

The following are the common questions that customers inquired about eMarkets Trade.

Is eMarkets Trade regulated?

No, it is not regulated.

Is eMarkets Trade a scam?

No, eMarkets Trade is a legit broker and is licenced in the British Virgin Islands.

Where is eMarkets Trade based?

eMarkets Trade is located at Gladston 106,3032, Cyprus.

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