The St. Lucia-based firm describes itself as an “innovative force”, claiming a “transparent environment”. Starlight Wave Ltd., the management company of this broker, asserts that it is licensed by MISA, the regulator of Mwali.

Does the project help traders make money? We will review Emarlado and answer your questions – whether you should work with this broker or not.

How to Trade

The brokerage organization offers its clients 5 types of trading accounts. You can take advantage of:

  • Access to more than 160 CFDs on assets.
  • Leverage up to 1:400.
  • More than 60 analytical tools.

Trading plans do not disclose the minimum deposit amount on each of them. Regular updates of swap fees occur on the platform.

The intermediary reserves the right to arbitrarily charge user withdrawal fees “as applicable”.

The firm provides access to educational resources, risk management features, and market data. The 4 social media symbols unlock the company’s Instagram and other accounts.

Emarlado Vital Info

Data about the broker’s team and the project’s history are not specified on the company’s official website. However, some information is available on the platform. For example, the registration number of the firm is 2023-00491. In addition, the domain name was created in October 2023. Thus, the resource has been functioning for less than a year. That’s probably why it does not yet have great fame and popularity.

We checked the regulation of the legal entity StarLight Wave Ltd, which owns the brand Emarlado. Indeed, this entity is registered in Saint Lucia. This brokerage company was licensed on October 27, 2023 by the registry of the Mwali International Services Authority (MISA). However, the reputation of MISA, which regulates this platform, is poor as it does not guarantee protection to traders who are residents of other jurisdictions.

FAQ

What are the key facts about Emarlado?

The brand is owned by StarLight Wave Ltd, which is registered in St. Lucia. The firm also holds license number T2023397 dated 27/10/2023 issued by the Mwali International Services Authority. However, the intermediary is not authorized to provide its services to residents of the EU or any other jurisdiction where its financial activities are not regulated.

What's the risk to my wallet when working with this broker?

We have no evidence that the firm operates illegally and poses a risk to users. However, working with this company, registered in an offshore zone and operating for a very short period, is risky. In addition to the fact that offshore licenses do not provide a guarantee of reliability, you can easily lose your funds in CFD trading with huge leverage.

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