Score

1.21 /10
Danger

Emarlado

Saint Lucia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.66

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Starlight Wave LTD

Company Abbreviation

Emarlado

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Emarlado · Company summary

Emarlado Information

Emarlado is a broker registered in Saint Lucia and offers trading instruments covering currency pairs, stocks, cryptocurrencies, commodities and indices. But it is not regulated and may have some safety concerns.

Emarlado Information

Pros and Cons

Pros Cons
Over 200 traded productsNo regulated
5 types of accountsLack of bonds and ETFs as trading products
Leverage up to 1:400
Advanced WebTrader platform

Is Emarlado Legit?

Emarlado, whose full name is Starlight Wave LTD, is incorporated in St Lucia under the registration number 2023-00491 but is currently unregulated.

Is Emarlado Legit?
Is Emarlado Legit?

What Can I Trade on Emarlado?

Emarlado offers a range of trading products covering 8 cryptocurrencies and more than 45 forex pairs to buy or sell US dollars, euros, GBP and other world currencies at any time. 11 commodities are an important part of your portfolio, allowing you to look for profit opportunities amid price fluctuations.

12 index trading, tracking and trading stock market index, share the rise and fall of the overall market. In addition, over 120 companies have a variety of stock CFDS and 6 metals waiting for you to trade.

Tradable Instruments Supported
Cryptocurrencies
Forex
Commodities
Indices
Stocks
Metals
Bonds
ETF
What Can I Trade on Emarlado?

Account Types

Emarlado offers 5 account types: Classic account, Silver account, Gold account, Platinum account and VIP account. Both experienced and novice traders at this broker can find options that suit their strategy.

Account TypesClassic accountSilver accountGold accountPlatinum accountVIP account
Spreads(EUR/USD)2.52.51.81.40.9
Maximum LeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400Up to 1:400
InstrumentsAll AssetsAll AssetsAll AssetsAll AssetsAll Assets
Swap Discount-AvailableAvailableAvailableAvailable
Margin Call100%100%100%100%100%
Stop Out20%20%20%20%20%
Minimum Volume Per Trade0.010.010.010.010.01
Maximum Volume Per Trade5050505050
Account Types
Account Types
Account Types

Emarlado Fees

The spread of the broker accounts has a relatively large floating range, remaining between 0.9 and 2.8. But the broker does not disclose deposit and withdrawal fees.

Emarlado Spreads

Emarlado Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WebTraderBrowserNovice trader
MT4
MT5
Trading Platform

Customer Service

Emarlado Brokers offers multiple customer support channels, including phone, email, live chat and social media.

Contact Options Details
Phone+442070363881
Emailsupport@emarlado.cominfo@emarlado.com
Online Chat24/7
Social MediaFacebook, Twitter, Linkedin, Instagram
Website LanguageEnglish, Hindi, Japanese
Physical AddressGround floor, The Sotheby building, Rodney village, Rodney Bay, Gros-Islet, Saint Lucia

The Bottom Line

Emarlado offers different types of trading products. However, its main drawback is that it is not regulated and the resulting security issues. Therefore, Emarlado may be suitable for experienced traders who are willing to take potential risks.

FAQs

Is Emarlado safe?

No, Emarlado is not a safe trader. Because it is not regulated by any agency, it operates outside the laws and regulations.

Is Emarlado good for beginners?

No, Emarlado may not be suitable for beginners. Since Emarlado is unregulated, this increases uncertainty and risk in the transaction process.

Is Emarlado good for day trading?

No. The suitability of Emarlado for day trading depends on a combination of factors. While it offers some features and advantages suitable for day trading, the lack of regulation and the risk of capital security are issues that cannot be ignored.

News

ExposureIs Emarlado suspected of fraud?

Choosing a reliable broker is crucial for both novice and experienced traders. Emarlado, a forex broker registered in Saint Lucia, has emerged in the market over the past two years, offering a variety of trading instruments ranging from currency pairs and stocks to cryptocurrencies, commodities, and indices. However, recent developments have raised concerns about the legitimacy of this broker, prompting many to question whether Emarlado is suspected of fraud.

WikiFX
2024-10-22 18:11
Is Emarlado suspected of fraud?

User Reviews

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Neha Khan
more than one year
I started with this company from 250 USD and having good so i invested more and getting more profits. Its been 6 months and everything is good so far.
I started with this company from 250 USD and having good so i invested more and getting more profits. Its been 6 months and everything is good so far.
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2024-10-14 10:32
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Neha Khan
more than one year
I had a very good experience with Emarlado. I invested 250 USD and i having a good return daily.
I had a very good experience with Emarlado. I invested 250 USD and i having a good return daily.
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2024-10-13 18:24
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