Wikilix
EMC logo

EMC

Regulated
Australia
,
Since 2022
Last Updated:
65/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
StandardECNPro

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

4 methods

Bank Transfer

bank transfer
5 days
Fee:
Free
Fee:
Free

Credit/Debit Cards (Visa, Mastercard)

credit card
Instant
Fee:
Free
Fee:
Free

E-wallets (Skrill, Neteller)

e wallet
Instant
Fee:
Free
Fee:
Free

Regional Payment Processors (UnionPay, FasaPay, ViettelPay)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 88%, 2: License 76%, 3: Software 51%, 4: Spread 0%, 5: Account Type 42%, 6: Symbol 0%
Regulation
88%Excellent
License
76%Good
Software
51%Fair
Spread
0%Poor
Account Type
42%Poor
Symbol
0%Poor

Company Information

Full Name:EMC
Founded:2022
Headquarters:Australia
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about EMC: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Within this respect, EMC has emerged as one of the trading brokers that seem to be joining the space of forex and cryptocurrency trading. Since detailed information about EMC is still scarce, what follows will delve into what is currently known about this broker to give traders and investors a clear insight into its offerings and operational background.

The website is operating under the name Expert Market Global Markets, while its incorporation document places the address in Port Vila, Vanuatu.

Background and History

EMC belongs to Expert Market Global Markets, whose head office is located at 1276 Kumul Highway, Port Vila, Vanuatu. No data has been made public about the year of its founding, who founded it, or how the company has developed over time. Because this historical information is not provided, no judgment can be made about how long this broker has been around or how well they've performed in financial services.

With so little background information, being registered in Vanuatu places EMC squarely in a jurisdiction that has become popular for online brokers due to its friendly regulatory environment. If this weren't enough, without more specific corporate history and milestone events, traders should treat EMC with extra caution and try to verify additional information where possible.

Key Features and Offerings

Currently, detailed information about the trading platforms provided by EMC, account types, or the choice of financial instruments cannot be found. The company's official website is not fully informative about its services, making it hard to tell about some competitive advantages or unique selling propositions.

Typically, brokers in this sector offer access to forex pairs, cryptocurrencies, commodities, indices, and occasionally stocks. However, none of that has been explicitly confirmed for EMC, so it is unknown what markets or instruments are supported. Also, there is no information on leverage options, spreads, or trading tools.

Licensing and Regulatory Compliance

One of the key points to consider while choosing a trading brokerage is regulatory oversight, as this at least guarantees a certain amount of security and transparency for its clients. EMC is registered in Vanuatu, but no publicly available information confirms any kind of regulatory license or authorization by the broker. No regulator names, license numbers, or jurisdictional statuses have been disclosed.

By this lack of regulatory data, EMC operates without clear verification from recognized financial authorities. This is a very serious risk for traders when dealing with unregulated brokers, and one must consider this aspect very seriously before involving themselves with EMC.

Regulator

License Number

Condition

Not disclosed

Not disclosed

No public regulatory information

Trading Conditions and Platform Technology

No details on the trading conditions of EMC are available, like how much its spread is, its leverage, the minimum deposit required, or even the technology it utilizes for its trading platform. The website does not provide specific details on these critical aspects, which are very important for traders to ascertain the cost and flexibility of trading with EMC.

No clarity about the trading platform on offer- MetaTrader 4, MetaTrader 5, proprietary platforms, mobile applications, it's not clear, so any prospective client will also go in the dark concerning the user experience and technological capabilities of EMC.

Trading Condition

Details

Spreads

Not disclosed

Harness

Undisclosed

Minimum Deposit

Trade secrets are not disclosed.

Trading Platforms

Undisclosed

Fee Structure

Transparent fee structures are one of the most integral aspects for traders when determining the overall cost of trading. Unfortunately, EMC has not shared details about its policies for deposit fees, withdrawal fees, commissions, or any other charges that may be applicable for this purpose.

This may be a point of concern for traders who seek cost efficiency and clarity of financial terms. Without this information, it is hard to compare EMC's fees with other brokers or anticipate the total cost of trading.

Fee Type

Details

Deposit Charges

Not disclosed

Withdrawal Fees

Not disclosed

Commission

Not disclosed

User experience and market reputation

There is a complete lack of customer reviews, ratings, or testimonials about EMC. No independent review websites or financial forums have been found to provide consolidated feedback or detailed lists of pros and cons regarding the broker's services. Due to the lack of community insight, it is difficult to determine how satisfying the service is for its clients, as well as what the real problems might be.

While there are no regulatory warnings, blacklists, or scam alerts directly pointing to EMC or its related website, the overall lack of information should urge prospective customers to be cautious. Trading with brokers that lack sufficient public reputation data entails certain risks.

Recent Developments

As of 2024, no updates or announcements on adding new services, platform updates, partnerships, or expansion plans regarding EMC have been made public. The online representation of the broker is at a minimum, and no recent activity has been recorded through available sources.

Potential traders in EMC are advised to keep an ear for any future updates or disclosures through official channels that would give a clearer direction that the broker is taking.

Conclusion

EMC is a trading broker with a very limited profile available in the public domain. Being registered in Vanuatu, the brokerage does not disclose any regulatory licenses, its conditions of trade, fee system, and reviews from users, which complicates trading with transparency and reliability. No direct adverse reports or scam warnings were found. However, while the minimal available data requires caution, due diligence prospective clients should look to other brokers with more complete disclosures and established reputations before placing funds with EMC.

Regulation check

Regulatory Licenses

EMC is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 7 checked
Licences on record
7
Confirmed on register
0
Tier 1 or 2
4
Offshore
3

WIKILIX

Licence intelligence

The strongest of 7 licences on file

Licence Verification Record

Australia Securities & Investment Commission No number recorded

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Australia
Authority strength
Tier 1
Licence type
Market Making(MM)
Not yet checked on the register

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how EMC applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 10. Leverage up to 1:1000.

3 account types
AccountMin DepositLeverageCommission
StandardUSD 101:1000No commissions
ECNUSD 101:1000$1.5 per side per lot
ProVIPUSD 5,0001:1000No commissions
Account names and conditions as published by EMC, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 4 with no deposit fee. 3 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Available to clients in regions where bank transfers are supported. Withdrawals are processed within 1 business day, but actual processing time may vary.
FreeFreeUSD 10USD 10Not recorded5 days
Credit/Debit Cards (Visa, Mastercard)Credit Card
Available to clients in regions where Visa and Mastercard are accepted. Withdrawals are processed within 1 business day, but actual processing time may vary.
FreeFreeUSD 10USD 10Not recordedInstant
E-wallets (Skrill, Neteller)E-Wallet
Available to clients in regions where Skrill and Neteller are supported. Withdrawals are processed within 1 business day, but actual processing time may vary.
FreeFreeUSD 10USD 10Not recordedInstant
Regional Payment Processors (UnionPay, FasaPay, ViettelPay)Other
Available to clients in regions where these payment processors are supported. Withdrawals are processed within 1 business day, but actual processing time may vary.
FreeFreeUSD 10USD 10Not recordedInstant
Fees, limits and processing times as published by EMC, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about EMC

Most Popular Questions
EMC's highest leverage under ASIC regulation in Australia is 28:1. Leverage limits may vary depending on the regulatory jurisdiction and account type.
EMC supports deposits and withdrawals via bank transfer, credit/debit cards (Visa, Mastercard), e-wallets like Skrill and Neteller, and regional payment processors such as UnionPay, FasaPay, and ViettelPay. Deposits and withdrawals are generally processed within one business day, though actual times may vary.
EMC offers MetaTrader 4 and MetaTrader 5 platforms, both available on desktop, web, iOS, and Android devices.
EMC is regulated by several authorities including ASIC in Australia, FMA in New Zealand, FCA in the United Kingdom, FSCA in South Africa, and others. These regulators ensure EMC complies with onshore financial laws and provide complaint mechanisms such as AFCA and the Financial Ombudsman Service.
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