Emporium Capital is an investment firm that specializes in dealing with CFDs and Stocks. This company allows South African traders trading through direct access to the market and dealing directly with the exchange office. This way, this broker wants to prove that it is not directed against you, but that they want you to win. As they say, in every trade you win, they will get a special commission. Also, it is important to note that this broker is regulated by CySEC Regulatory Registration. The license number is CIF 358/18.
Emporium Capital UAE Reviews
This broker has just gone live so that we cannot find a lot of information on his website that could be used for this review. What the broker is looking for at the beginning is the basic documents and information you need to provide in order to be able to open an account.
At the broker page at this time you have the ability to open two types of accounts: download Emporium Capital trader account and open a demo account with Emporium Capital trader. This licensed broker offers the opportunity to purchase and sell transactions worldwide.
Also, what the Emporium Capital broker warns us about is the hidden fee options and the non-transparent way of trading with positions that traders decide to trade.
The Emporium Capital Expert Team ensures that the receipt of client orders will be done in a professional manner. What is most important for traders is the fact that this broker can sell a transaction in any part of the world. Each user is treated with confidentiality and anonymity in order to have a fair treatment against all other users. What surprised us is the fact the broker claims that it is not for beginners and that the flexibility of the trader is what is very important in trading with Emporium Capital.
Emporium Capital Trading Software
This broker allows South African traders to trade a wide range of assets. However, it is not up to standards. Emporium Capital uses Traders Workstation (TWS), which is in one hand well-known platforms. However, it is certainly much more complicated and has fewer possibilities than MetaTrader software. What Traders Workstation offers its users are impressive capabilities of charts, different order types, various trading tools, and specific automated trading options.
Emporium Capital Demo Account
Emporium Capital does not offer detailed demo account information on its site, but we know it has it. On a demo account, with virtual money, traders can experience all the strategies and opportunities that a real account gives them. At least the broker claims it. With the help of a demo account, all traders, either beginners or professionals, can test all the features and settings Emporium Capital broker provides to them.
Emporium Capital Support Information
When we tried to contact this broker, we could not get any information because the live chat was offline. We were not able to find out if it would be permanent, but in our view, we believe that this broker will not have a live chat or the possibility of direct contact with his traders. This decision is very unpopular, and users do not trust the brokers who have no direct contact with their traders. It’s really hard to invest money somewhere and start trading if you do not have any help at any time.
Emporium Capital group of companies consist of:
- Emporium Capital K.A. Ltd is authorized and regulated by the Cyprus Securities and Exchange Commision under the License number 358/18.
- Emporium Capital LLP is authorized by The Republican State Institution “Agency for Regulation and Development of the Financial Market of The Republic of Kazakhstan.
- Emporium Capital Limited is authorized by the Financial Services Authority in St Vincent and The Grenadines.
- The website www.emporiumcapital.com is operated by Emporium Capital K.A. Ltd, Nicosia Cyprus
- The websites www.emporiumcapital.net and www.emporiumcapital.ae are operated by Emporium Capital LLP, Uralsk, Kazakhstan
Verdict
As we have already said, this broker’s strongest selling point is the CySEC license. However, the lack of information and the inability of direct contact leaves a stain on this broker review. We believe that all traders must have access to information at all times and in this way improve their knowledge and trading methods. For this reason we advise all our South African readers to stay away from this broker.