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Emirax Markets
Operating status: SCAM
Website: https://emiraxmarkets.com/
Broker violations and abnormal records
Emirax Markets claims to be operated by EmiraX Markets Ltd, regulated by the Anjouan Offshore Finance Authority (AOFA). While a matching entity appears in AOFA’s licensee list, this regulation alone does not ensure legitimacy. AOFA is known for extremely weak oversight and low regulatory standards, offering minimal investor protection. Moreover, AOFA does not disclose the licensed entity's domain names, making it difficult to confirm the platform’s official link to the licensed entity. Therefore, Emirax Markets is not a reliable platform and carries a high risk of fraud.
Emirax Markets claims to be operated by EmiraX Markets Ltd, regulated by the Anjouan Offshore Finance Authority (AOFA). While a matching entity appears in AOFA’s licensee list, this regulation alone does not ensure legitimacy. AOFA is known for extremely weak oversight and low regulatory standards, offering minimal investor protection. Moreover, AOFA does not disclose the licensed entity's domain names, making it difficult to confirm the platform’s official link to the licensed entity. Therefore, Emirax Markets is not a reliable platform and carries a high risk of fraud.
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