Emerald Equity Brokers is a CFD broker with a domain registered on April 22, 2024. The broker primarily provides investment services in Forex, stocks, options, cryptocurrencies, and copy trading for retail and institutional clients. It does not offer services to countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to its official website (emeraldequitybrokers.com), the company entity of the broker is "Emerald Equity Brokers Ltd," regulated by the Seychelles Financial Services Authority (FSA) with a securities dealer license number SD018. Additionally, clicking on the "Trading Certificate" on the website shows that the broker is also registered with the U.S. Securities and Exchange Commission (SEC).
Upon verification, the Seychelles Financial Services Authority (FSA) website shows that the company with license number SD018 is Raw Trading Ltd, the entity registered by the well-known broker IC Markets. This indicates that Emerald Equity Brokers is misusing IC Markets' regulatory information. Furthermore, the SEC website could not locate any company named "Emerald Equity Brokers."
Therefore, Emerald Equity Brokers (emeraldequitybrokers.com) is essentially a fraudulent broker website with no legitimate company entity or regulatory oversight.
Account Opening Process
The account opening process for trading with Emerald Equity Brokers involves: visiting the broker's website, clicking on "Open an Account" or "Log in" at the top right corner of the page to enter the account registration page, filling in personal information such as name, phone number, and email, setting a login password, and then submitting. After verification, the account is successfully registered.
Trading Account Information
The official website of Emerald Equity Brokers does not disclose the types of trading accounts it offers, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trading size, maximum position/order size, minimum price increments, or related information.
Trading Platforms
Emerald Equity Brokers claims to offer the MT4/MT5 trading platforms, but the provided download links do not work, and the broker cannot be found on the MT4 or MT5 platforms.
Deposits and Withdrawals
Emerald Equity Brokers supports deposits and withdrawals through Skrill, PayPal, MasterCard, VISA, NETELLER, UnionPay, and other methods.
Conclusion
Traderknows reminds investors that Emerald Equity Brokers is a fraudulent broker website that has stolen regulatory information from IC Markets. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Suspected Fraud" on Traderknows.
