Emirates Asset Management Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 6622318202, fax 6622318121
Addresses: Asia Pacific Office: Level 8 Zuellig House 1 Silom Road Bangrak Bangkok 10500 Thailand.; Mill Mall Tower 2nd Floor Wickhams Cay 1 PO Box 4406 Road Town Tortola British Virgin Islands This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: emiratesassetmanagement.com.
I lost a significant amount because Emirates Asset Management Ltd did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Two-factor authentication|Regular platform improvements|Excellent charting
Cons: Limited social trading features|Help articles are sometimes vague
I am in a dispute with Emirates Asset Management Ltd over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: API access|Two-factor authentication
Cons: Alert system is basic|Limited ETF selection
I signed up with Emirates Asset Management Ltd through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Helpful community forum|Great customer service|Good mobile app|No hidden fees
Cons: Mobile app could be improved|Cannot customize dashboard fully