EmiraX Markets

The trading conditions are generally terrible, and they can change them whenever they want. I have never encountered a more dishonest company 😡 Orders are executed slowly, so you can’t trade like this. And EMIRAX MARKETS is a regulated broker! It’s all a complete mess.

I tried to test emiraxmarkets.com by sending a small withdrawal request. It has been pending for over 48 hours without any action. Customer support is not helpful. This is a classic first sign of a problem.

Who else is criticizing this site?! Are you all crazy? I’ve already made a huge profit from trading contracts for difference on the euro and pound over the past month! However, I must admit that this is not only because the market has somehow changed, become more profitable, or something else. It’s just that I spend more time on it myself and don’t sit around losing money on one pair or another, but diligently record my income, even if it doesn’t exceed $30 out of a total of $5,000 or so. As a result, this strategy is effective on emiraxmarkets.com, and I want to say that in order to consistently make a profit, you need to keep a cool head.

I deposited $500 into emiraxmarkets.com, encouraged by the account manager. After some trading, I requested a withdrawal of my remaining funds. That’s when the nightmare began. My account was suddenly flagged for “suspicious activity,” and EMIRAX MARKETS staff asked me to provide a huge amount of additional supporting documentation, even though I had already completed the KYC procedure. Each time I sent something, they either didn’t respond or asked for something else. Meanwhile, the market started moving, and my open positions (which I couldn’t control anymore) were liquidated. After a few weeks of back and forth, they told me I had violated a vague point in their policy. My money is GONE! In other words, emiraxmarkets.com is a scam. You can easily make a deposit, but it’s impossible to withdraw your funds…

I compared the negative reviews about this broker with my own situation when I was face to face with its managers. I realized that this offshore dump employs good psychologists. They persuade their clients to top up their accounts and do it professionally. After that, I lost 468 euros in 1 minute.

My balance began to melt away less than two weeks after opening an account on this platform. What kind of idiocy is this? Indeed, I was very surprised when I first experienced drawdowns on Bitcoin pairs, on those trading orders and with those cryptocurrencies that I was already used to working with and had previously earned steadily, but only on other platforms. However, when I tried trading with Emirax markets, I lost $217 in the BTC/ETH pair instantly, and then there was a $120 drawdown in ETH/SOL. It turned out that it was simple – these guys help clients lose their deposits, especially those who deposited large amounts on emiraxmarkets.com, i.e., $5,000 or more.

The 1:1000 leverage advertised worldwide is predatory. It is positioned as a way to increase profits, but in reality it is a mechanism for quickly liquidating small accounts on emiraxmarkets.com. I encountered a margin call due to a very minor price fluctuation. However, they encourage this reckless trading with loud promises, targeting those who do not understand the risks.

I lost almost $1,620 here! Their analysts are not experts at all, but just people who can’t even steal analytical forecasts and read them properly. Because all their advice leads to money being drained!