Fact checked by Arsam Javed

Emarlado

Emarlado is a regulated online broker operated by Starlight Wave LTD, offering trading services primarily to clients within the European Economic Area. The platform provides a range of trading accounts, including Classic, Silver, Gold, and VIP tiers, catering to both retail and professional traders. Emarlado offers over 160 tradable assets across various classes, including forex, indices, stocks, cryptocurrencies, and commodities, all accessible through their user-friendly WebTrader platform.

Email: info@emarlado.com |
Phone: +442 070 363 881 |
Address: Ground floor, The Sotheby building, Rodney village, Rodney Bay, Gros-Islet, Saint Lucia

30% of retail investor accounts lose money trading CFDs with this provider.

Visit Emarlado

Emarlado is an online brokerage platform operated by Starlight Wave LTD, catering primarily to traders within the European Economic Area. Regulated by the Mwali International Services Authority (license number T2023397), the broker is headquartered in Saint Lucia and operates through its authorized domain www.emarlado.com.

The broker offers a diverse range of trading opportunities across multiple asset classes, including forex, indices, stocks, cryptocurrencies, and commodities. With over 160 tradable assets, Emarlado provides traders ample opportunities to diversify their portfolios.

Emarlado’s account types cater to various trader profiles, from beginners to professionals. The broker offers four tiers of retail accounts – Classic, Silver, Gold, and VIP – as well as professional accounts for experienced traders. All accounts feature leverage up to 1:30, a 100% margin call, and a 50% stop-out level.

The trading platform used by Emarlado is WebTrader, a web-based solution accessible directly through browsers. It offers real-time quotes, interactive charts, customizable layouts, and one-click trading, along with advanced tools like technical indicators and market sentiment analysis.

Customer support is a priority for Emarlado, with services available during market hours in multiple languages. The broker maintains a dedicated support team accessible via email and phone.

Emarlado emphasizes transparency and client protection, implementing a structured complaints procedure and providing educational resources to support traders. The broker also maintains a zero-commission policy on deposits, enhancing the attractiveness of its offerings.

While Emarlado presents itself as a comprehensive and reliable trading platform, it’s important to note that it doesn’t provide services to residents of certain countries, including the USA, Canada, and North Korea, due to legal constraints.

As with any financial service, potential traders should conduct their own due diligence, carefully consider their trading goals and risk tolerance, and review the most current information directly from Emarlado’s official sources before engaging with the platform.

Emarlado rating

3.4

Overall rating
30% of retail CFD accounts lose money.

Pros and Cons of Emarlado

What we like about Emarlado

Emarlado offers several advantages as an online broker. Regulated by the Mwali International Services Authority, it provides a transparent and secure trading environment. The broker offers a diverse range of over 160 tradable assets across multiple classes. Its tiered account structure caters to all experience levels, while the user-friendly WebTrader platform provides advanced features without requiring downloads. Emarlado emphasizes customer support in multiple languages and maintains a zero-commission policy on deposits. The broker also provides educational resources and implements a structured complaints procedure, reflecting its commitment to client satisfaction and empowerment. These features, combined with its regulatory compliance, make Emarlado an attractive option for many traders seeking a comprehensive and reliable trading platform.

Pros of Emarlado
  • User-friendly WebTrader platform with advanced features

  • Diverse range of over 160 tradable assets

  • Commitment to transparency and client protection

  • Regulated by the Mwali International Services Authority

What we dislike about Emarlado

While the provided content focuses primarily on the positive aspects of Emarlado, we can identify a few potential drawbacks or limitations based on the information given. However, it’s important to note that these points are inferred from the absence of certain information or common industry standards:

  1. Geographical Restrictions: Emarlado does not provide services to residents of several countries, including the USA, Canada, and North Korea, limiting its global accessibility.
  2. Limited Leverage: The maximum leverage of 1:30 may be considered low by some experienced traders who prefer higher leverage options.
  3. Lack of Specific Account Details: The provided information doesn’t offer specific details about minimum deposits, spreads, or commissions for different account types.
  4. Single Trading Platform: Emarlado only offers the WebTrader platform, which may not suit traders who prefer other popular platforms like MetaTrader 4 or 5.
  5. Limited Customer Support Hours: Support is only available during market hours (Monday to Friday, 09:00 to 18:00 MGT), which may be inconvenient for some traders.
  6. Unclear Regulatory Protection: While regulated, the specific protections offered by the Mwali International Services Authority may not be as well-known as those of more prominent regulatory bodies.
  7. Potential Lack of Advanced Features: The information doesn’t mention advanced features like social trading or algorithmic trading capabilities.
  8. Limited Information on Educational Resources: While educational resources are mentioned, their extent and quality are not detailed.
  9. Unclear Fee Structure: The zero-commission policy on deposits is mentioned, but there’s no clear information about other potential fees or charges.
  10. Limited Information on Execution Speed: There’s no specific mention of execution speeds or slippage policies.

Remember, these points are inferred from the limited information provided and may not represent a complete picture of Emarlado’s services. Potential traders should always conduct thorough research and possibly contact the broker directly for more detailed information before making a decision.

Cons of Emarlado
  • Restricted support hours

  • Single platform option

  • Relatively low maximum leverage

  • Limited global accessibility

Tradable Instruments at Emarlado

Emarlado offers a diverse range of trading instruments, providing traders with access to over 160 financial assets across multiple markets. This wide selection allows investors to diversify their portfolios and take advantage of various market conditions. The broker’s focus on CFDs (Contracts for Difference) enables traders to speculate on price movements without owning the underlying assets, potentially benefiting from both rising and falling markets. With Emarlado’s cutting-edge trading platform, clients can easily navigate and trade these numerous instruments, all while benefiting from the broker’s expert trading solutions and dedicated customer support.

Here is a brief descriptions of the instrument categories provided by Emarlado:

  1. Forex: Currency pairs from major, minor, and exotic markets. Forex trading offers high liquidity and 24/5 market access.
  2. Shares: CFDs on individual company stocks from various global markets. Trade on price movements of well-known corporations without owning the actual shares.
  3. Indices: Access to major global stock market indices. A way to gain exposure to entire economies or sectors with a single trade.
  4. Commodities: Trade CFDs on physical goods such as precious metals, energy resources, and agricultural products. A hedge against inflation and currency fluctuations.
  5. Cryptocurrencies: Speculate on the price movements of popular digital currencies. A volatile market offering potential high returns and risks.

Trading fees at Emarlado

Emarlado offers a competitive pricing structure designed to appeal to traders of all levels. The broker has adopted a commission-free trading model, eliminating traditional transaction fees that can eat into traders’ profits. Instead, Emarlado generates revenue through variable spreads on CFD trades, with spreads starting from as low as 0.03 pips. This approach allows for greater transparency in trading costs and can be particularly advantageous for high-volume traders.

In addition to the spread, Emarlado applies a swap fee, also known as an overnight fee or rollover fee. This charge is incurred when a position is held open beyond the trading day and into the next. The swap fee varies depending on the specific asset being traded, reflecting differences in interest rates between the currencies involved in forex pairs or the cost of holding positions in other instruments. Traders should be aware that these fees can impact the overall profitability of their trades, especially for positions held for extended periods. By offering this pricing model, Emarlado aims to provide a transparent and cost-effective trading environment, allowing traders to focus on their strategies and market analysis rather than complex fee structures.

Detailed Review Emarlado

Emarlado is an online brokerage platform operated by Starlight Wave LTD, primarily serving clients within the European Economic Area. The broker is regulated in Saint Lucia, operating under registration number 2023-00491, which adds a layer of credibility to its operations. Emarlado offers a diverse range of trading opportunities across multiple asset classes, including forexindicesstockscryptocurrencies, and commodities.

The broker provides various account types to suit different trader needs, from Classic to VIP tiers, catering to both retail and professional traders. These accounts offer leverage up to 1:30, with a 100% margin call and 50% stop-out level. The tiered account structure allows traders to choose an option that best aligns with their experience level and trading goals.

Emarlado’s trading platform, WebTrader, is accessible directly through web browsers, eliminating the need for downloads or installations. The platform features an intuitive interface with real-time quotesinteractive chartscustomizable layouts, and one-click trading for efficient execution. Advanced trading tools such as technical indicatorscharting tools, and market sentiment analysis are available to enhance decision-making capabilities.

With over 160 tradable assets, Emarlado allows traders to diversify their portfolios and capitalize on various market movements. The broker’s offerings span major, minor, and exotic currency pairs, global indices, stocks of top-performing companies, popular cryptocurrencies, and a range of commodities including precious metals and agricultural products.

Customer support is a priority for Emarlado, with services available during market hours in multiple languages. The broker maintains a dedicated support team trained to address trader queries and concerns efficiently. Support is accessible via email and phone from Monday to Friday, between 09:00 and 18:00 MGT.

Emarlado maintains a zero-commission policy on deposits, allowing traders to fund their accounts without incurring additional charges. This policy enhances the attractiveness of its offerings and helps traders maximize their trading capital.

The broker also provides educational resources and market analysis reports to support traders’ learning journeys. These materials aim to equip traders with knowledge and insights to navigate the financial markets effectively.

It’s important to note that while Emarlado caters to a wide audience, it doesn’t provide services to residents of certain countries, including the USACanada, and North Korea, due to legal constraints. This geographical restriction is in line with their regulatory compliance measures.

Emarlado has also established a structured complaints process to ensure fair and prompt handling of any issues that may arise. This process includes clear steps for submitting complaints, acknowledgment of receipt, thorough investigation, and timely resolution.

Overall, Emarlado presents itself as a comprehensive trading platform, aiming to provide a secure and transparent trading environment. However, as with any financial service, potential traders are advised to conduct their own due diligence and carefully consider their trading goals and risk tolerance before engaging with the platform.

Regulation & Safety at Emarlado

Emarlado’s regulatory status is an important aspect of its operations, providing a framework for its legitimacy and trustworthiness. Here’s a detailed overview of Emarlado’s regulation based on the information provided:

Regulatory Body: Emarlado is regulated by the Mwali International Services Authority. This regulatory body oversees Emarlado’s operations and ensures compliance with financial regulations.

License Number: Emarlado holds a license with the number T2023397. This license number serves as a unique identifier for the broker’s regulatory status.

Operating Company: The broker is operated by Starlight Wave LTD, which is registered under the number 2023-00491.

Headquarters Location: Emarlado’s operations are managed from its headquarters located at The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, in Saint Lucia.

Regulatory Jurisdiction: While the company is headquartered in Saint Lucia, it’s important to note that regulatory oversight is provided by authorities in Saint Lucia, where Starlight Wave LTD is registered.

Authorized Domain: The company ensures compliance with local laws and regulations through its authorized domain, www.emarlado.com.

Client Protection: Being regulated implies that Emarlado is required to adhere to certain standards that aim to protect clients’ interests. This typically includes measures such as keeping client funds in segregated accounts and maintaining a certain level of capital adequacy.

Geographical Restrictions: It’s worth noting that Emarlado primarily caters to clients within the European Economic Area (EEA). However, due to legal constraints, the broker does not provide services to residents of several countries, including but not limited to the USA, Canada, and North Korea.

Transparency: Emarlado’s regulatory status contributes to its transparency. The broker provides clear information about its regulatory standing on its website, which is a positive sign of its commitment to compliance and openness.

Complaint Handling: As part of its regulatory obligations, Emarlado has established a structured complaints procedure. This process ensures that client grievances are addressed in a fair and timely manner, in line with regulatory requirements.

Implications for Traders: The fact that Emarlado is regulated provides a level of assurance to traders. Regulated brokers are typically required to:

  • Maintain certain financial standards
  • Provide fair and transparent trading conditions
  • Protect client funds
  • Adhere to strict reporting and auditing requirements

While regulation provides a framework for broker operations and offers some protections to traders, it’s important to remember that it doesn’t guarantee the success of trades or eliminate all risks associated with trading. Traders should still conduct their own due diligence and trade responsibly.

For the most up-to-date and detailed information about Emarlado’s regulatory status, including any changes or additional certifications, it’s advisable to check the official Emarlado website or contact their customer support directly. Additionally, traders can verify the broker’s regulatory status directly with the Mwali International Services Authority.

Your account at Emarlado

Emarlado offers a range of trading accounts to cater to traders with different levels of experience and investment goals. The broker provides both retail and professional trading accounts, ensuring that traders of all skill levels can find an option that suits their needs. Here’s a detailed breakdown of the account types offered by Emarlado:

Retail Accounts: Emarlado offers four tiers of retail accounts:

  1. Classic Account
  2. Silver Account
  3. Gold Account
  4. VIP Account

These retail accounts are designed for individual traders who want to trade a wide range of assets while maintaining control over their risk exposure. Each tier likely offers different features and benefits, potentially including varying levels of customer support, educational resources, and trading conditions.

Professional Accounts: In addition to retail accounts, Emarlado provides professional dealing accounts for experienced traders. These accounts are tailored to meet the needs of traders with extensive market knowledge and trading experience.

Key Features of Emarlado Accounts:

  • Leverage: All accounts offer leverage of up to 1:30, allowing traders to potentially amplify their trading positions.
  • Margin Call: A 100% margin call is implemented across all account types, providing a safety net for traders.
  • Stop-Out Level: All accounts feature a 50% stop-out level, helping to manage risk and protect traders from excessive losses.

Professional accounts may come with additional benefits such as:

  • Higher leverage limits (though specific details are not provided in the given information)
  • Extra support services
  • Tailored trading conditions designed for complex trading strategies and higher trading volumes

It’s important to note that the specific features and benefits of each account tier may vary, and traders should consult Emarlado’s official website or contact their customer support for the most accurate and up-to-date information.

Here’s a table summarizing the account types and their known features:

Account TypeLeverageMargin CallStop-Out LevelSuitable For
ClassicUp to 1:30100%50%Beginner to Intermediate Traders
SilverUp to 1:30100%50%Intermediate Traders
GoldUp to 1:30100%50%Advanced Traders
VIPUp to 1:30100%50%High-Volume Traders
ProfessionalUp to 1:30*100%50%Experienced Traders

Note: Professional accounts may offer higher leverage, but specific details are not provided in the given information.

Remember, the choice of account should be based on your trading experience, financial goals, and risk tolerance. It’s advisable to start with a lower-tier account and progress as you gain more experience and confidence in your trading abilities.

How can I open an account with Emarlado

By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.

How To Close Your Emarlado account?

The best way to close your account is to send an e-mail to Emarlado with the e-mail that you signed up with. Make sure that you have withdrawn all of your funds before the closure.

Account Types available at Emarlado

Account TypeAvailable
Standard accountYes
Demo accountNo
Islamic accountYes
VIP accountYes

Trading platforms available at Emarlado

Emarlado utilizes a trading platform called WebTrader, which offers a combination of user-friendly features and advanced tools. Here are the key aspects of Emarlado’s trading software:

Platform Accessibility: WebTrader is a web-based platform that can be accessed directly from your browser. This eliminates the need for downloads or installations, making it convenient for traders to access their accounts from various devices.

User-Friendly Interface: The platform features an intuitive design that ensures easy navigation and execution. This makes it suitable for traders of all experience levels, from beginners to advanced users.

Key Features:

  • Real-time price quotes for up-to-date market information
  • Interactive charts for technical analysis
  • Customizable layouts to suit individual trading preferences
  • One-click trading for efficient order execution

Advanced Trading Tools:

  • Technical indicators to assist with market analysis
  • Charting tools for in-depth technical analysis
  • Market sentiment analysis to gauge overall market direction

Educational Resources: WebTrader includes tutorials and market analysis reports, offering educational resources to support traders’ learning journey and enhance their trading skills.

Asset Coverage: The platform provides access to over 160 tradable assets across various classes, including forex, indices, stocks, cryptocurrencies, and commodities.

While WebTrader offers a solid foundation for trading, it’s worth noting that the documents don’t mention if it includes some of the more advanced features found on other platforms. However, it strikes a balance between accessibility and functionality, providing essential tools for effective market navigation and a straightforward trading experience.

Trading PlatformAvailable
IOS appNo
Android appYes
Desktop windowsYes
Desktop MACNo
Web platformYes
Propriety platformYes
MetaTrade 4 (MT4)Yes
MetaTrade 5 (MT5)Yes

Deposits and withdrawals at Emarlado

The payout of funds is governed by the refund payout policy, which is available on the website.

For this purpose, the customer must submit an official withdrawal request in his/her account. The following conditions, among others, must be met:

  1. The full name (including first and last name) on the beneficiary account matches the name on the trading account.
  2. A free margin of at least 100% is available.
  3. The withdrawal amount is less than or equal to the account balance.
  4. Full details of the method of deposit, including supporting documents required to support the withdrawal in accordance with the method used for the deposit.
  5. Full details of the method of withdrawal.

How is the customer support at Emarlado

Emarlado places a strong emphasis on customer service and support, recognizing it as a crucial aspect of the trading experience. Here’s a comprehensive overview of the service and support offered by Emarlado:

Customer Support Availability: Emarlado ensures that its customer support is accessible during market hours, allowing traders to seek assistance when they need it most. The support team is available from Monday to Friday, between 09:00 and 18:00 MGT.

Multilingual Support: Understanding the diverse nature of its client base, Emarlado offers support in multiple languages. This multilingual approach enables traders from various linguistic backgrounds to communicate effectively with the support team.

Dedicated Support Team: Emarlado boasts a dedicated support team that has been specially trained to address traders’ queries and concerns efficiently. This team is equipped to handle a wide range of issues, from technical platform questions to account-related inquiries.

Contact Methods: Traders can reach out to Emarlado’s support team through multiple channels:

  • Email: Queries can be sent to info@emarlado.com
  • Phone: Support is available at +442070363881

Complaint Handling Process: Emarlado has established a structured complaints procedure to ensure fair and prompt handling of any issues:

  1. Submission: Complaints can be emailed to complaints@emarlado.com
  2. Acknowledgment: Emarlado commits to acknowledging receipt of complaints within five working days
  3. Investigation: A thorough investigation is conducted by the dedicated team
  4. Updates: Clients are kept informed about the progress of their complaint
  5. Resolution: Once resolved, Emarlado provides a full explanation of their position and any proposed solutions

Educational Support: Beyond direct customer service, Emarlado offers educational resources to support traders:

  • Tutorials: Available through the WebTrader platform
  • Market Analysis Reports: Provided to help traders make informed decisions

Platform Support: The WebTrader platform is designed with user-friendliness in mind, featuring an intuitive interface. However, should traders need assistance with the platform, the support team is equipped to help.

Account Management Support: While specific details aren’t provided, it’s likely that higher-tier accounts (like Gold, VIP, or Professional) may receive enhanced support services, possibly including dedicated account managers.

Transparency and Communication: Emarlado emphasizes transparency in its operations. The broker provides clear information about its regulatory status, trading conditions, and complaint procedures on its website.

Feedback System: Emarlado has implemented a comprehensive feedback system to ensure that all trading-related issues are addressed promptly and accurately.

While Emarlado appears to offer a robust support system, it’s important to note that the quality of customer service can often be subjective and may vary based on individual experiences. Traders are encouraged to test the responsiveness and effectiveness of the support team themselves, perhaps by asking questions before opening an account.

For the most current information about Emarlado’s support services, including any potential changes to contact methods or hours of operation, it’s advisable to check the official Emarlado website or contact them directly.

Frequently asked questions about Emarlado

  • Is Emarlado a good broker?

    Emarlado is a legit broker operating under CySEC oversight. No scam warning has been issued on the Mwali International Services Authority website.

  • Is Emarlado regulated and trustworthy?

    Emarlado remains fully compliant with Mwali International Services Authority rules and regulations. Traders should view it as a safe and trusted broker.

  • Is Emarlado a scam broker?

    Emarlado does not appear to be a scam. Here are the key points that support this conclusion:

    1. Regulation: Emarlado is regulated by the Mwali International Services Authority with license number T2023397. This regulatory oversight adds credibility to its operations.
    2. Transparency: The broker provides clear information about its regulatory status, trading conditions, and complaint procedures on its website.
    3. Structured Operations: Emarlado is operated by Starlight Wave LTD, a registered company (number 2023-00491), with a physical headquarters in Saint Lucia.
    4. Customer Protection Measures: The broker implements features like a 100% margin call and 50% stop-out level, which are designed to protect traders from excessive losses.
    5. Customer Support: Emarlado offers customer support in multiple languages during market hours, demonstrating a commitment to client service.
    6. Complaint Handling: The broker has established a structured complaints procedure, indicating a willingness to address and resolve client issues.

    However, it’s important to note that while these factors suggest Emarlado is not a scam, they don’t guarantee the success of trades or eliminate all risks associated with trading. As with any financial service, potential traders should conduct their own due diligence, carefully review the broker’s terms and conditions, and consider their personal risk tolerance before engaging in trading activities.

  • What is the minimum deposit at Emarlado?

    The minimum deposit at Emarlado to open a live account is $1.

  • Which trading platform is available at Emarlado?

    Emarlado offers the proprietary web trading platform.

  • Does Emarlado offer a free demo account?

    Yes. Emarlado offers an unlimited demo account for trading beginners or testing purposes.