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emarket 24

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I want to know whether Emarket 24 is regulated. Could you please comfirm for me?
Pfanani
United Kingdom
Jan 05, 2024
ANSWER No, Emarket 24 is not a regulated forex broker, and there are indications that it could be a potential scam.The company purports to be based in Cyprus, but it lacks a valid forex license from the Cyprus Securities and Exchange Commission (CySEC). Furthermore, the Financial Services and Markets Authority (FSMA) in Belgium and the Authority for the Financial Markets (AFM) in the Netherlands have both issued stern warnings about Emarket 24 (you can find the FSMA warning list here, and the AFM warning here). Investors are advised to exercise caution and verify the legitimacy of a broker before investing to avoid falling prey to fraud and identity theft. It is strongly recommended that traders avoid Emarket 24 and instead opt for brokers that are regulated by reputable financial authorities to ensure safer trading experiences.
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