Emporium Capital Review
Operating a true STP execution model, Emporium Capital is an online trading broker that is based in Nicosia, Cyprus. They aim to provide fast and secure access to the global financial markets with no dealing desk intervention. The broker provides traders with different trading platforms that are available in desktop, web, and mobile versions. The minimum deposit required to operate a live account is $1,000.
Emporium Capital Review, Pros & Cons
- Advanced trading platforms
- Educational resources
- Trading tools
- Over 3,000 financial instruments
- $1,000 minimum deposit
- Few account types
- No live chat support
- Not the tightest spreads
- No USA clients
In this detailed Emporium Capital review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Emporium Capital Overview
With its headquarters in Nicosia, Cyprus, Emporium Capital is an online financial services provider that gives traders the opportunity to trade over 3,000 financial instruments across different asset classes, including forex, CFDs, indices, commodities, bonds, options, futures, and ETFs, using the provided trading platforms. They make available a selection of useful trading and learning tools, whilst providing a client support team to assist traders.
Emporium Capital Regulation
Emporium Capital is registered under the Cyprus Company Law, with registration number HE372471. It is authorized and regulated as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission (CySEC), under the Investment Services and Regulated Markets Law of 2017 (Law 87(I)/2017), and subject to CySEC Rules. The CySEC Regulatory Registration for Emporium Capital K.A Limited is CIF 358/18.
Emporium Capital Countries
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations.
Some Emporium Capital features and products mentioned within this Emporium Capital review may not be available to traders from certain countries because of legal restrictions.
Emporium Capital Platforms
Emporium Capital provides traders with the EC Trader MetaTrader 4 and EC Alpha Trader trading platforms. They are robust and full-featured platforms that allow clients to trade global assets with different order types and algos. These platforms support many sophisticated trading tools and plug-ins designed for traders with ample market experience. The broker makes the platforms available in desktop, web, and mobile versions.
Emporium Capital Trading Tools
Traders are provided with some useful trading tools, including Technical Analysis and an economic calendar, which shows scheduled market events and their impacts on the financial markets.
Emporium Capital Education
There is a good selection of educational resources on the broker’s website. They include some learning articles, market insights, and market news that keeps traders up to date with the latest happenings in the financial markets.
Emporium Capital Instruments
The broker offers the following trading instruments: forex, CFDs, indices, commodities, bonds, options, futures, and ETFs
Emporium Capital Accounts & Fees
The broker offers a choice of two live trading account options, namely: Retail and Professional accounts with minimum deposit requirements of $1,000 and $50,000 respectively.
As broker fees can vary and change, there may be additional fees that are not listed in this Emporium Capital review. It is imperative to ensure that you check and understand all of the latest information before you open an Emporium Capital broker account for online trading.
Emporium Capital Support
The broker’s client support team is available 24/5 to respond to clients’ trading inquiries via the following contact channels: telephone, email, social media, and by filling the form provided on the website.
Emporium Capital Deposit & Withdrawal
Clients can fund their trading accounts using one of the payment methods below:
- Bank transfer
- Credit card
- E wallet
Emporium Capital Account Opening
To register an account with Emporium Capital, click on any of the “Create Account” or “Register now” buttons placed all over the website. Please go through the simple 5 step Eligibility Questionnaires and proceed to open your account. You are required to fill in the account application form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Only proceed if you fully understand and agree to them.
Emporium Capital Summary
Emporium Capital is an online trading broker that provides traders with advanced trading platforms for trading over 3,000 financial assets. Traders benefit from educational resources, useful trading tools, and a client support team. The broker is regulated by CySEC. However, the minimum deposit required to open a live account is $1,000.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority (78.9%) of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.