Quick Overview of EMERALTRADE

💸 Account currency:EUR
💳 Minimum deposit:250 EUR
🔗 Leverage:Up to 1:300
📊 Spread:0.5 to 3 points
💼 Instruments:Currency pairs, stocks, cryptocurrencies, indices, metals, commodities, CFDs
📈 Margin call / Stop out:19% / 16%
💰 Profitability86 %
Commission1 %
💲 Total assetsOver 230

Pros

  • Supports credit/debit cards and e-wallets
  • Low minimum deposit threshold
  • No deposit fee
  • User-friendly and simple to use
  • Good search functionality

Cons

  • Financial information is not publicly accessible
  • Customer support does not provide services in Romanian
  • The website sometimes experiences technical issues

Security

EMERALTRADE uses multiple regulatory bodies, indicating a high level of reliability. The company is regulated by several authorities worldwide, including some of the leading ones.

Regulation and Security of EMERALTRADE

Security and operational control are managed by the central banking authority in Europe. In other countries, checks are carried out thanks to the licenses obtained. The company holds the following licenses:

FISEU:  An independent state supervisory authority overseeing the market of investment services, securities operations in Europe, and the sector of collective investments and asset management. It also supervises firms offering administrative services not under the oversight of FISEU and the European Bar Association, as well as service providers in the crypto-asset sector.

FCA: This license guarantees traders full control over all financial operations for users from the United Kingdom.

Withdrawals and Deposits

EMERALTRADE offers several options for free deposits and withdrawals. It took us 4 hours to withdraw funds.

 Pros:

  • Free withdrawals
  • E-wallets, credit/debit cards
  • No deposit fees

Cons:

  • None

Fees and Deposit Options

EMERALTRADE does not charge a deposit fee. The minimum deposit amount is 250 EUR or 250 units in any other base currency.

Account Opening

Opening an account with EMERALTRADE is straightforward and fully digital. You can start trading in just a few minutes.

Pros:

  • Fully digital process
  • Fast account opening
  • Low minimum deposit

Cons:

  • None

WEB Platform

EMERALTRADE offers a modern, easy-to-use web platform with a decent set of features, including an insurance program. However, order types are limited, and the application is only available in English.

Pros:

  • Good search functionality
  • User-friendly interface

Cons:

  • Available only in English

Advantages of EMERALTRADE Over Competitors:

  • Wide range of trading instruments
  • Licensed to provide services
  • 24/7 customer support providing qualified assistance in multiple languages
  • Wide choice of convenient trading platforms
  • Mobile trading capability
  • Islamic account option (swap-free)
  • Broker uses segregated accounts for secure client funds storage
  • Permission for automated trading using trading advisors, indicators, and other analysis tools
  • No restrictions on trading and scalping

Weak Points of EMERALTRADE

  • Complicated website interface
  • Customer support could be more responsive during peak hours
  • Trading terminals can sometimes freeze

Product Selection

EMERALTRADE offers only forex and CFDs such as stocks, indices, forex, and commodity CFDs. It does not offer other popular asset classes like real stocks.

Currency pairs, stocks, cryptocurrencies, indices, metals, commodities, CFDs

The selection of currency pairs at EMERALTRADE is decent, on par with closest competitors. Coverage of CFDs on individual stocks and ETFs is fairly average. Most of these stocks can be traded on the WebTrader platform.

CFDs on bonds include Japanese and European government bonds. Unlike many brokers, currency options are also available through the platform. You can trade more than 40 different instruments, for which you will need a separate account from your main account.

Reviews of EMERALTRADE on Trustpilot

How are the reviews for EMERALTRADE on Trustpilot?

Most negative reviews appear to be written by users who have left only one review on Trustpilot, and that review is negative. Some of them may be fake reviews about EMERALTRADE.

Some EMERALTRADE customers are upset with the slow work of customer support. It seems that during certain periods, this broker receives so many new clients that it is difficult for them to satisfy all requests. Most complaints about EMERALTRADE are often written on the same day or week.

I have also had issues with slow responses from customer support, but for me, this is a minor drawback. Additionally, clients may confuse companies and write an angry review that is not related to EMERALTRADE at all.

Other nervous clients of EMERALTRADE complain that they deposited money into their trading account using a bank that does not have a username registered with EMERALTRADE. This is illegal in the sense that EMERALTRADE will never be able to verify accounts funded from different sources. If you ever register with this broker, remember to use your real name and details, and use only your bank account to transfer money.

Should I Trust EMERALTRADE?

Yes, you can trust EMERALTRADE because they have over 20 million users worldwide, they hold licenses to protect client funds, and they offer brokerage services in different countries. Founded in 2015, EMERALTRADE operates under the regulations of two tier-one jurisdictions and one tier-two jurisdiction, providing a safe and low-risk environment for Forex and CFD trading.

Is EMERALTRADE Suitable for Long-Term Investments?

Yes, EMERALTRADE can be considered safe for long-term investments. Previously, EMERALTRADE mainly operated as a CFD broker, and therefore was less suitable for long-term investors. However, the company has significantly changed by expanding its business model. Recently, EMERALTRADE introduced trading in real stocks and ETFs, moving away from its former focus on CFDs.

Is It Safe to Store Money in EMERALTRADE?

Yes, EMERALTRADE is a safe place to store your money. This is because EMERALTRADE complies with FCA and FISEU regulations, ensuring investor protection. Our clients’ funds are securely held in top-tier banks, and their personal data is protected with SSL encryption.

Complaints About EMERALTRADE

Why do people complain about the broker EMERALTRADE?

Some investors and traders complain about EMERALTRADE. Many of them are not experts and make very trivial mistakes. The most common mistakes on EMERALTRADE that cause complaints are investing in very volatile assets (such as some cryptocurrencies) and trying to exit the investment immediately. In such cases, the amount that can be withdrawn from EMERALTRADE may be less than the initial amount because the asset we invested in may be worth less than before.

Are EMERALTRADE Users Right to Complain About Slow Customer Support?

EMERALTRADE receives thousands of help requests. This happens regularly when many thousands of new and potential investors register on the platform. Peaks in support requests now occur regularly and coincide with spikes in bitcoin prices or other popular assets (Amazon, Tesla stocks, etc.)

Other reviews on EMERALTRADE:

Youtube

Medium

Emeraltrade Details:

🧩 Platforms:MetaTrader 4; MetaTrader 5; WebTrader
💳 Payment Methods:Bitcoin;  Ethereum; PayPal; USDT
💼 Withdrawal Methods:Crypto
📄 Regulation:FCA (UK); FISEU
🌍 Languages:English; French; German; Italian; Spanish
💲 Currency pairs:BTC/USD;  CAD/CHF;  CHF/JPY; USD/CAD,  EUR/USD;  GBP/USD;  XPR/USD
✏️ Established:2015

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Emeraltrade
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