Review summary
EmiraX Markets Ltd, operating as EMIRAX MARKETS, is a broker registered in Comoros with an operational history of 1-2 years. The firm offers two account types: a Pro account with a minimum deposit of $100, spreads from 0.7 pips, and maximum leverage of 1:1000, and a Standard account requiring a $15 minimum deposit with spreads from 1.4 pips. Trading is supported on the MetaTrader 5 (MT5) platform. WikiFX assessment indicates a total score of 1.82 out of 10. According to regulatory records, the broker previously held a Forex Trading License (EP) from the Anjouan Offshore Finance Authority (AOFA) of Comoros, but this license has been revoked. The entity currently operates without any valid authoritative forex trading license, meaning there is no recognized regulatory oversight governing its activities. Public exposure reports highlight recurring issues regarding withdrawal difficulties and account freezes. The lack of a credible regulatory framework presents a significant consideration for potential traders assessing the broker's operational transparency and client fund protection. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-14)
elvinautari28
Indonesia
Don't try to deposit to this broker, our profit account is banned. MT5 is banned. I made 2 withdrawals of $1000 with $300 in 3 accounts, there is still a balance of $1500 up. The withdrawal was rejected, the account was banned
Exposure
FX3025334333
Indonesia
When I tried to make a withdrawal, my account was suddenly suspended; there was still a balance of $250 in the account, but Emirax claimed I had engaged in "abnormal activity." It was extremely disappointing—this might be the start of a scam, so everyone using this broker should be careful. I was referred by a live trader named Ann (Farhan) who kept pushing for deposits, yet I still haven't been able to get my money out of the account.
Exposure
FX3461367742
Malaysia
hi kindly dont use this broker i making a profit of usd 1863.98 on morning 23/3/2026 and i requested for withdrawal. and they giving many excuses to not withdraw my money.
Exposure
FX8556217272
Hong Kong
Very angry. When I tried to withdraw, they said they had already made the withdrawal, but I didn't receive it at all. I would also like to remind my friends not to open an account with this shady operation.
Exposure