Is EmiraX Markets Legit or a Scam? 5 Key Questions Answered (2025)

You are likely here because you saw an ad for EmiraX Markets or someone introduced you to them, and you need to know if your funds will be safe.

Here is the reality based on the data: EmiraX Markets is a very new platform, established in 2024, and registered in Comoros.

According to WikiFX data, their safety profile is currently very weak. They hold a WikiFX Score of only 1.73 (out of 10), which is a “stay away” signal in our rating system.

Here is what the data reveals about their safety, fees, and user feedback.

Question 1: Is my money safe with EmiraX Markets?

The Evidence:

According to the WikiFX regulatory database, EmiraX Markets is Unregulated. The data explicitly states that there is “No valid regulation” and they are not supervised by any major financial authority (like the FCA, ASIC, or NFA).

The Verdict:

No. Your money is at significant risk.

What this means for you:

When a broker is unregulated, it means there is no “referee” watching the game.

• No Segregation expectation: Regulated brokers must keep your money in a separate bank account. Unregulated brokers can mix your money with their own operating funds.
• Counterparty Risk: If EmiraX Markets decides to close down (or simply disappear), there is no government compensation scheme to help you recover your funds. You are trusting them blindly.

Question 2: Are the trading fees and leverage fair?

The Evidence:

• Max Leverage: 1:1000
• Spreads: From 1.4 pips on the “Standard” account and 0.7 pips on the “Pro” account.
• Minimum Deposit: $15

What this means for you:

• High Leverage Risk: A leverage ratio of 1:1000 is extremely high. While it sounds attractive because you can control large positions with only $15, it is a massive trap for beginners. A tiny market move against you (less than 0.1%) could wipe out your entire account balance instantly. This is why top-tier regulators usually cap leverage at 1:30.
• Fees: A spread of 1.4 pips is average for the industry, but honestly, low fees do not matter if the broker is not regulated.

Question 3: What are real traders complaining about?

Official claims on a website are one thing, but user feedback tells the real story. We analyzed the casesText data for EmiraX Markets.

The Complaint:

We found a serious complaint from a user in Hong Kong dated October 2025.

The user reported that when they attempted to withdraw funds, the broker claimed the money had been sent (“hoodwinked that it has been withdrawn”), but the user never received the money. The user explicitly labeled the platform a “black shop” (scam) and warned others not to open an account.

Advice:

If you cannot withdraw your money, do not deposit more in hopes of “unlocking” your account. This is a common tactic used by fraudulent platforms.

Question 4: What software will I use?

The Evidence:

EmiraX Markets offers the MT5 (MetaTrader 5) platform.

What this means for you:

MT5 is legitimate, excellent software used by millions or traders. However, seeing “MT5” does not automatically mean a broker is safe. Bad actors can buy a “White Label” license for MT5.

While the software itself is reliable for technical analysis and automated trading (EAs), it does not protect your funds if the broker behind the software refuses to process withdrawals.

Final Verdict: Should I open an account?

Based on the WikiFX data, the answer is No.

• WikiFX Score: 1.73 (Fail)
• Regulation: None (High Risk)
• Feedback: Confirmed reports of withdrawal failures.

The combination of being unregulated, having a newly established date (2024), and offering dangerous leverage (1:1000) makes this a high-risk environment for your capital. There are far safer, regulated options available.

Brokers change their terms often. Before you click 'Deposit', take 5 seconds to verify their live status and latest certificate on the WikiFX App.