Does Emirax offer negative balance protection?

https://emiraxmarkets.com/

Dear Investor,

Please note that Emirax Markets is not a reliable platform and carries a high risk of fraud.

The platform claims to be operated by EmiraX Markets Ltd, which it states is regulated by the Anjouan Offshore Finance Authority (AOFA). While we did locate a matching entity within the AOFA’s official licensee list, AOFA does not disclose or verify domain names, making it difficult to confirm the platform’s official link to the licensed entity. More importantly, AOFA is in essence known for extremely weak oversight and low regulatory standards, offering minimal investor protection. This regulation alone does not fully guarantee the legitimacy or safety of the platform. 

Given the lack of verifiable regulation and the poor reputation of AOFA, Emirax Markets shows signs of a high-risk, potentially fraudulent operation. We therefore strongly advise against using this platform.