Emarket-24 Review: A Closer Look At The Scam Broker

Is Emarket-24 Legit or Scam?

Emarket-24 raises numerous red flags, strongly suggesting it’s a scam broker. Here’s why:

• No regulatory license: Emarket-24 claims to be a legitimate broker in Cyprus, but it needs to be registered with a reputable financial authority, including CySEC. This lack of oversight raises serious concerns about the safety of your funds.
• Unrealistic promises & hidden costs: They lure you in with promises of “best offers” and “attractive conditions,” but don’t disclose details about spreads, commissions, or fees. This lack of transparency is a major red flag.
• Fake reviews: The few positive reviews on their website are likely fabricated to create a false sense of legitimacy.
• Unprofessional website: The website is poorly designed, lacks basic information, and uses a generic stock photo, further raising doubts about its credibility.

Company Overview:

Services or Products:

• Forex trading: Emarket-24 claims to offer trading in currency pairs, commodities, stocks, indices, and cryptocurrencies. However, due to its scam nature, these offerings are likely manipulated to ensure you lose money.

If you have lost money to companies like RoyalStern, or ForexVox please report it to us on our report a scam form.

Trading Platform & Leverages:

• Limited & Unreliable Platform: Emarket-24 offers a basic, web-based platform with limited functionality and no advanced tools like MT4 or MT5. This platform is likely unreliable and may manipulate prices.
• Excessive Leverage: They offer leverage up to 1:500, which is extremely risky and can lead to significant losses.

Spreads and Cost of Trading:

Emarket-24 conceals the actual spreads and commission fees, making it impossible to determine the true cost of trading.

License and Regulations:

Emarket-24 is not licensed or regulated by any reputable financial authority. This lack of oversight allows them to operate with impunity and engage in fraudulent activities.

Legal Warning Against Emarket-24:

Strongly advise against depositing any funds with Emarket-24. It’s a scam broker designed to exploit unsuspecting investors.

Deposit and Withdrawal Methods:

Information on deposit and withdrawal methods is unclear and likely involves methods that are difficult to trace and recover funds from.

Emarket-24 Pros and Cons:

Why Dealing With An Unlicensed Broker Is Risky:

Unlicensed brokers like Emarket-24 pose numerous risks, including:

• Loss of funds: They can easily manipulate the platform to ensure you lose your investment.
• Difficulty withdrawing funds: They may make it incredibly difficult or impossible to withdraw your funds.
• No legal recourse: Since they are unregulated, you have limited legal options to recover your losses.

Client Feedback:

Due to its recent establishment and likely scam nature, genuine client feedback is scarce. Most positive reviews are likely fabricated.

How Can “ReviewsAdvice” Help You If You Get Scammed?

While recovering funds from a scam is challenging, “ReviewsAdvice” can help by:

• Connecting you with legal resources: Our team may be able to offer guidance or connect you with legal professionals who specialize in recovering funds from scams.
• Raising awareness: Sharing your experience can warn others about the dangers of Emarket-24 and similar scams.

We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.