BrokersView has found that EM Markets appears to be a scam EM Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. However, we are unable to locate its claimed entity in the Saint Lucia International Financial Centre (IFC) registry. Furthermore, even if it is indeed registered with Saint Lucia IFC, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, EM Markets appears to be a scam.

How do you rate EM Markets? Dear Investor, EM Markets is not a safe and reliable trading platform. The broker has not provided any regulatory explanations or proof, merely claiming to be registered in Saint Lucia. However, we could not find the stated entity, EM Markets Ltd., in the registry of Saint Lucia International Financial Centre(IFC). Even if this registration information were true, it would merely signify its incorporation as an International Business Company (IBC) and does not mean it holds any valid broker license. Furthermore, Saint Lucia does not have a local regulatory authority that oversees forex trading. Therefore, EM Markets is effectively an unregulated and unlicensed broker, meaning your funds would be highly unsafe if you trade with them. We strongly advise you to avoid engaging in any transactions with this platform to protect your financial security. View Source