Eminage Review

Is Eminage Scam or Legit Broker?

Eminage is not a safe broker. It does not hold any license which means that the broker’s activities are not overseen by any authority. Generally, offshore or unregulated brokers are engaged in fraud offerings, which may put the trader’s investments at risk.

• In forex trading, it is essential to sign in with a reliable broker with tight regulations. Many unregulated brokers try to attract traders with favorable conditions and offerings, but often this is just a trap. 

What is Eminage?

Eminage is the leader of trading platforms in the cryptocurrency market, the founders have put their knowledge and experience in the market at clients' disposal to provide an easy-to-use and secure platform, as claimed on the company website. The company also claims its offices and agencies in major global cities, including London, Shanghai, Malta, and Iceland, and the soon opening of France offices.

• However, it is not clear where the broker is registered and it is obvious that there is no regulatory body that oversees Eminage.
• As a member of the European Securities and Markets Authority (ESMA) and of the International Organization of Securities Commissions (IOSCO), the Spain CNMV regularly receives alerts issued by foreign securities regulators on general topics of interest to investors. Therefore, the originally issued by the France AMF warning against Eminage company was spread around through various publications, followed by Belgium and a set of other countries.

“The Autorité des marchés financiers (AMF) is warning the public against Tallinex company proposing atypical investments without being authorized to do so”

AMF, France. September 2018.

• The warning concerns about Eminage trading offerings while the residents and potential investors were alerted of dealing with Forex trading and cryptocurrency business specifically through the firms that were considered to be scams.

Eminage Review Conclusion

We advise all investors and traders to avoid Eminage and other brokers from Vanuatu. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.

Eminage Update

We found the Eminage website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.