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Is ehamarkets Legit or a Scam? 5 Key Questions Answered (2025)

WikiFX | 2025-12-30 22:00

Abstract:You are likely looking at ehamarkets because you saw an ad on social media or were invited to a trading group. However, before you deposit any capital, you need to understand the risks associated with a brand-new platform.

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You are likely looking at ehamarkets because you saw an ad on social media or were invited to a trading group. However, before you deposit any capital, you need to understand the risks associated with a brand-new platform.

Here is the market status for ehamarkets based on our latest data:

  • WikiFX Score:1.23 / 10 (High Risk Warning)
  • Establishment:2024 (Very New)
  • Registered Region:Malaysia (According to their company summary)

With a score this low and a history of less than a year, caution is absolutely necessary. Here is what the data reveals about their safety and platform.

Question 1: Is my money safe with ehamarkets?

The Evidence:

According to the WikiFX regulatory database, ehamarkets is currently unregulated. We have received no evidence that they hold a license from any major financial authority (such as the FCA, ASIC, or even offshore entities).

The Verdict:

No. Storing money here is highly risky.

What this means for you:

When you trade with a regulated broker, the regulator acts as a “referee” to ensure the broker segregates your money from their own business funds.

  • The Risk: Since ehamarkets is unregulated, there is technically no legal barrier stopping them from using your legitimate deposits to pay for their office rent or marketing. This is known as Counterparty Risk. If they decide to close down tomorrow, you have no government authority to complain to.

Question 2: Why aren't there any complaints?

The Evidence:

We checked the WikiFX complaint database and found 0 complaints filed against ehamarkets so far.

What this implies:

Do not mistake “zero complaints” for “100% safe.”

  • The Reality: ehamarkets was established in 2024. It is a very new platform. In the trading world, scams or insolvent brokers often operate smoothly for the first few months to build trust. Complaints usually start pouring in only after the first wave of users tries to withdraw profits.
  • The Advice: We rely on the License (Question 1) as the true measure of safety, not the current lack of bad reviews. A clean record on a 1-year-old broker often just means they haven't been around long enough to cause trouble.

Question 3: What software will I use?

The Evidence:

Data shows that ehamarkets uses a Proprietary (Self-Developed) Trading Platform. They do not offer the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The data further notes that they support Mobile (iOS/Android) but do not currently support Windows, MacOS, or Web-based trading.

The Critique:

  • Stability Risk: Proprietary apps are built in-house. Unlike MT4, which is audited by third parties and used by millions, a proprietary app is controlled entirely by the broker. This technically gives the broker the ability to manipulate price feeds or freeze charts more easily without outside detection.
  • Usability: The lack of a desktop version (Windows/Mac) is a significant limitation for serious analysis. You are restricted to trading primarily on your phone.

Final Verdict: Should I open an account?

Based on the data, we cannot recommend ehamarkets.

Valid reasons to avoid this broker:

  1. Extremely Low Score (1.23/10).
  2. Zero Regulation: Your funds have no legal protection.
  3. Too New (2024): They have no track record of long-term solvency.
  4. Proprietary Software: You lose the transparency of MT4/MT5.

The Safe Alternative:

There are hundreds of brokers with scores above 7.0 that have been operating for 10+ years under strict supervision (ASIC, FCA, etc.). There is no financial benefit to risking your capital with an unregulated newcomer.

Brokers change their terms often. Before you click 'Deposit', take 5 seconds to verify their live status and latest certificate on the WikiFX App.

Related broker

No Regulation
ehamarkets
Company name:Hooya Plus Capital Inc.
Score
1.28
Website:https://www.ehamarkets.com
1-2 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.28

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