Emperor Xpro Forex broker review — Everything you need to know

Emperor Xpro Forex broker review — Everything you need to know

Minimum deposit

100 USD

Bonus

None

Maximum leverage

1:400

Year founded

2019

Regulation

None

Trading platform

MT4, custom web platform

Emperor Xpro or EMXpro is the company’s trade name, and the website is operated by EMXPRO Limited, a St. Vincent and the Grenadines incorporated company. The broker offers trading services and is a relatively young brokerage firm, having existed since 2019.

emxpro

In this unbiased review of EMXpro, we will assess the broker’s most critical features to evaluate its safety, accounts, spreads, platforms, leverage, withdrawal conditions, support, and more.

EMXpro Overview of the website

The website Emperor Xpro Forex broker is responsive and modern in design. The broker offers all the necessary features of its trading experience, and traders can find all important details regarding accounts, spreads, commissions, and more. However, it is not easy to find the info about deposits and withdrawals, and traders need to dig deeper, which is not convenient, to say the least. Otherwise, there is a live chat plugin that is not built into the website. Every time a trader needs to contact the broker, they are redirected to a dedicated live chat page, which is a minor inconvenience. However, the menu of live char is mostly Chinese, and traders need to use intuition to navigate around, which makes it unsatisfactory.

Other than that, all other important details are provided in a transparent manner, which is important in online financial trading.

Emperor Xpro Safety and Regulations

EMXPro (EMPEROR Xpro) is not regulated by any recognized financial authority, which is a major red flag for its safety. Despite being registered in Saint Vincent and the Grenadines, the broker is only established as a business company and is not licensed by the local authority.

While the broker promises superior safety features and strict AML policies, we can not confirm that it truly employs fund segregation, which is a serious security issue as well.

There’s no mention of negative balance protection or “zero‑cut” policy on the broker’s website either, which is also a serious issue for beginner traders, as they can easily lose more than their account as a result of high leverage trading.

Emperor Xpro Accounts Reviewed

Emperor Xpro broker offers diverse trading account types such as Standard, Premium, and Prestige. These accounts are tiered according to deposit requirements and other conditions. Let’s review each of them briefly to define whether the broker is competitive.

emxpro accounts

Emperor Xpro Standard Account

The standard account is a trading account for general trading purposes and offers somewhat low entry barriers. Here are the main conditions:

  • Minimum deposit – 100 USD
  • Maximum leverage – 1:400 (FX pairs)
  • Spreads from – 1.8 pips (3.5 on XAU/USD)
  • Commissions – 0 USD
  • Minimum lot size – 0.01 standard lots

Emperor Xpro Premium Account

The Premium account has a much higher minimum deposit, and spreads are lower, but still expensive:

  • Minimum deposit – 5,000 USD
  • Maximum leverage – 1:400
  • Spreads from – 1.4 pips (3 USD on XAU/USD)
  • Commissions – 0 USD
  • Minimum lot size – 0.01 standard lots

Emperor Xpro Prestige Account

The prestige account is a VIP account with the lowest spreads and extremely high minimum deposit requirements:

  • Minimum deposit – 50,000 USD
  • Maximum leverage – 1:100
  • Spreads from – 0.9 pips (2.5 on XAU/USD)
  • Commissions – 0 USD
  • Minimum lot size – 0.01 standard lots

Despite having 0.9 pips spreads, it has to be noted that many reputable brokers offer even lower spreads on standard accounts and minimum deposits from just $1, making this offering extremely competitive. The 1.8 pips spreads on standard accounts are very expensive, which makes it impossible to use intraday trading strategies like scalping.

Overall, Emperor Xpro’s trading accounts are not competitive as the industry is advancing rapidly, making it possible to get much lower spreads for a fraction of the minimum deposit.

Deposit and withdrawal options at EMXpro

The broker accepts Alipay, WeChat Pay, UnionPay, USDT, and wire transfer. Traders can not use cash deposits and have to use these options. One important term is that the withdrawal channel has to align with the deposit, meaning you have to use the same payment option, which is a drawback. EMPEROR Xpro does not charge any deposit fee, and the broker does not charge commissions on profit withdrawals, but third-party payment methods will charge fees. All withdrawal applications will be handled within 24 hours (working days only), which is competitive. Same-day profit withdrawals are very competitive and comfortable for traders.

EMXpro Assets — What can you trade?

Emperor Xpro enables access to only Forex, commodities, and indices. There are no digital currencies, nor are there stocks. While most assets are CFDs, the lack of these popular instruments is a serious drawback. Crypto pairs have become an integral part of FX trading, and Emperor Xpro lacks both BTC and ETH.

The leverage is up to 1:400, which is more than enough to control a serious trading power. However, spreads are mostly expensive, making it difficult to use strategies on low timeframes below 1 hour.

Trading platforms of EMXpro

There is a proprietary trading platform, Xpro. The broker also provides some details in a help center regarding the MT4, meaning it also offers the MT4 platform. The broker’s platform is not as advanced as MT4, and it is not recommended to use it instead of MT4. Mobile trading is possible with the broker’s Xpro app available on both Android and iOS. The browser does not offer an MT4 mobile app, which is a serious downside.

Education at EMXpro

The broker offers education, market analysis, and trading insights. The education consists of a trader’s glossary. There are limited resources as of now, which is inconvenient. Traders can get some assistance when it comes to market analysis and insights. However, the lack of proper educational resources is a noticeable drawback for this broker.

EMXpro Customer Support

The customer support experience at Emperor Xpro is provided via email, live chat, and phone support. The live chat is not integrated as a plugin; instead, a separate window opens where traders can contact the support personnel, which is slightly inconvenient. Both the website and support are only available in two languages. As a result, the broker is not multilingual.

EMXpro bonuses and promotions

There are no ongoing promotions such as deposit bonuses, welcome bonuses, or trading contests, which is a drawback for sure. There are not many extra features provided either, which is a downside.

Is EMXpro your broker? Final verdict

Emperor Xpro (EMXpro) is an offshore, unregulated broker registered in St. Vincent and the Grenadines. Its high minimum deposits, expensive spreads, and lack of regulatory oversight make it a risky choice for traders. Although the broker offers same-day withdrawals and access to MT4, the absence of a negative balance protection policy, limited asset selection, and subpar educational tools are its main disadvantages. EMXpro is not a competitive or secure option in the current trading environment, and we advise our readers to exercise caution when dealing with such brokers.

FAQs on EMXpro broker

Where is EMXpro based?

It is registered in St. Vincent and the Grenadines but not regulated by any recognized authority.

Can you withdraw from EMXpro?

Yes, but only using the same method as the deposit. Withdrawals are claimed to be processed within 24 working hours.

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