Emarlado Information
Emarlado is a trading platform that offers more than 160 CFD (Contract for Difference) products, covering various asset classes such as foreign exchange, stocks, commodities, indices, and cryptocurrencies on WebTrader and Trading App.
Pros and Cons
Is Emarlado Legit?
Emarlado claims to hold a license (T2023397) issued by the Mwali International Service Authority of the Union of the Comoros and to operate under its supervision, but there is no clear information to prove that it is regulated.
What Can I Trade on Emarlado?
Emarlado offers 45 forex currency pairs, CFD trading of stocks of more than 120 top global companies, commodity CFD trading, indices, cryptocurrencies, metals, and more.
Account Type
Emarlado offers 5 types of personalized trading accounts, and there are differences in spreads, leverage, services, and other aspects among different accounts. All accounts provide services such as free support, free trading education, and free demo accounts. Moreover, all accounts have risk management measures, including margin call, stop-out, and negative balance protection.
Leverage
Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
Emarlado Fees
The trading fees of Emarlado include spread fees. For instance, in the Classic account, the spread of EUR/USD is 2.5 pips, while in the VIP account, it is 0.9 pips.
Swap fees are charged when positions are held overnight, and the fees on Wednesday are tripled to cover the costs of the weekend.
Trading Platform
Deposit and Withdrawal
The minimum deposit amount on Emarlado is $250 (or the equivalent in other currencies). It supports deposits in currencies such as the Euro (EUR), US Dollar (USD), Japanese Yen (JPY), Indian Rupee (INR), etc. The deposit methods include credit cards, debit cards, and wire transfers.
The minimum withdrawal amount for credit cards is $10, and for wire transfers, it is $100. The withdrawal processing time is generally 8 - 10 working days. The withdrawal amount via e-wallets should cover the handling fees.
2024-10-14 10:32
