What is EmiDeals?
EmiDeals is a forex and CFD broker based in United States, listed with a foundation year of 2018. It offers leverage up to 1:20, spreads from 1.0 pips and a minimum deposit of $1,000. Clients trade on Web Trading and on mobile.
EmiDeals is an online trading broker that trades for Currencies, Metals, Stocks, Commodities, Indices, and Cryptocurrencies. This broker got the license for serving traders in 2018. In, 2019, EmiDeals introduced their first-ever webtrader platform. This broker is based on webtrader. Just after a year, EmiDeals introduced a mobile version of their trading platform in 2020 and added more than 200 tradable instruments. In the year 2021, this broker actively engaged in optimizing the trading terminal and expanding the functionality of the platform.
Clients can trade with EmiDeals from anywhere on this planet. Clients can access this trading platform with computers or mobile phones. Clients can make money with EmiDeals any day of the week and any time of the day. The trading is available 24/7. Clients can choose their tariff plans depending on their size of investments and investment goals. This broker doesn’t charge any hidden commission and hidden transaction fees so that clients can get the maximum profit.
EmiDeals has three tariff plans. Each of these plans comes with different instruments along with different leverage and other features.
- Novice Trader: This account starts with a minimum deposit of $1000. The leverage on this account is 1:20. This account allows cryptocurrencies and metal tradings. This account doesn’t come with a personal account manager.
- Real Trader: This account requires a minimum deposit of $25,000. The leverage in this account is 1:50. This account is capable of instant execution. Just like the previous plan, this account also doesn’t come with any personal account manager.
- Major Player: This account requires a minimum deposit of $50,000. The leverage in this account is 1:100. This is the maximum leverage this broker is providing. Unlike these 2 plans, this plan provides deposit insurance.
Is EmiDeals safe and regulated?
EmiDeals is regulated by EmiDeals is regulated by Vanuatu Financial Services Commission. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
EmiDeals account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $1,000 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
EmiDeals provides Web Trading, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 1.0 pips on major currency pairs.
- Leverage up to 1:20 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
EmiDeals supports 4 funding methods, including Visa, MasterCard, Bank Transfers, WireTransfer. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
EmiDeals bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current EmiDeals promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the EmiDeals website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
EmiDeals pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
- Mobile trading supported
Cons
- Only offshore regulation
- No investor compensation scheme
- $1,000 minimum deposit is higher than some rivals
- Web Trading only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open an EmiDeals account
- RegisterVisit the EmiDeals website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $1,000 with Visa, MasterCard, Bank Transfers or another method.
- Start tradingLog in to Web Trading or the mobile app and set your risk per trade.
Is EmiDeals a good broker? Our verdict
EmiDeals suits active traders who want freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.