EMD Forex Journal (Broker out of business)

Journal status: closed
EMD Forex out of business
EMD Forex Profile
Website
www.emdforex.com
Year
2018
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
...
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

EMD Forex Accounts
STP
DMA
Minimum Deposit
1 $
100 $
Leverage
100 : 1
300 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
1.6 pips
0 pips
Commission
0 $/lotRT
20 $/lotRT
Volume
500 lots
100 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Instant
Market
Spread
floating
floating
Scalping
yes
yes
Update broker

Is EMD Forex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is EMD Forex trusted?

  • Information transparency: limited ★★
  • Customer service: prompt, helpful ★★★★★
  • EMD Forex website: semi-detailed, updated ★★★
  • EMD Forex popularity (by visitor count): average ★★★

How EMD Forex works

EMD Financials LLC does not act as counter party to any transactions executed by its clients. EMD Financials LLC receives and transmits client’s orders and transactions.

https://www.emdforex.com/conflict-of-interest-policy/

You are placing trades (or bets) on our prices and not those on an exchange.

All open trades can only be closed and settled with us.

If the market was to gap, we would not need to credit the client back to the 50 percent close-out level. Our sole obligation is to ensure that the client does not incur a negative balance (see Negative Balance Protection below).

https://www.emdforex.com/risk-warning-notice/



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