Is Emporio Trading Scam or Legit Broker?

Emporio Trading is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety and simply may operate the business in any way it wishes.

About Emporio Trading
🗺️ Registered inVanuatu
🗺️ Type of LicenseOffshore License
🛡️ Is Emporio Trading safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Emporio Trading?

Emporio Trading is a trading provider that offers an STP execution (Also check STP Brokers) through a range of assets and market-leading platform MetaTrader4. The broker mentions their worldwide, internationally recognized business position, while the company serves hundreds of thousands of traders from Europe, Asia, and Latin America.

  • However, once we got closer to the points about Emporio Trading the facts revealed that the company was first of all located and established in the offshore zone of Vanuatu. As general advice, we do not recommend trading with offshore brokers, as recently offshore brokers naturally most often scammers, or poorly funded companies that can easily establish their business only in a location like Vanuatu and perform their dim businesses. The registration of such a brokerage requires only 2,000$ while no further overseeing of operation or service follows. Therefore, an offshore zone is a perfect place, with no strict regulation and easy legislation that attracts and produces many frauds.
  • In addition, Emporio Trading, in particular, indicated shady performance and service as the traders’ responses and reviews show, while the main target of the broker is residents of Latin America.

Emporio Trading Review

Emporio Trading Review Conclusion

The funds’ security always stands first, thus it is advisable to choose among the companies that set regulation requirement in place. For instance, CySEC or FCA Forex Brokers mandated to segregate clients funds from the company money, participate into compensation scheme and regularly report on every operation. Always make your own research before signing with a broker, and pick a tightly regulated broker such as FXTM and XM

Emporio Trading Update

Based on our research, the Emporio Trading website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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