Forex Brokers

Emtric Trades (emtrictrades.com)

1.6 (10 reviews)
🇦🇺 Australia
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1.6
10 reviews
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About Emtric Trades (emtrictrades.com)

Emtric Trades (emtrictrades.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 0917749254, 0983888611

Addresses: 88 Sheridan Street; 534 Victoria Trail This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: emtrictrades.com.

Customer Reviews

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An insult to paying customers

O
Oscar V.
2 months ago

Emtric Trades (emtrictrades.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Detailed reporting|Good mobile app|Dividend tracking

Cons: Some tools only available on higher tiers|Research section could be deeper

A company that does not deserve your trust

O
Olivia Y.
3 months ago

Emtric Trades (emtrictrades.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Responsive team|Copy trading available

Cons: Inactivity fee applies after 12 months

Crypto only no stocks

J
Joel X.
4 months ago

I have been trying to close my account with Emtric Trades (emtrictrades.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Portfolio tracking tools|Low minimum deposit

Cons: Wish they had more educational resources

Analysts are anonymous

P
Patrick R.
4 months ago

I gave Emtric Trades (emtrictrades.com) a fair chance. After for the past six months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Excellent charting|Demo account available|Detailed reporting|Transparent fees

Cons: Onboarding videos are outdated

Regretting every moment spent here

J
Jasmine C.
6 months ago

KYC with Emtric Trades (emtrictrades.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Clear documentation|Educational resources

Cons: Nothing significant|Currency conversion fee exists

Terms change without notice

J
John O.
6 months ago

Customer support at Emtric Trades (emtrictrades.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Multiple order types|Good analytical tools

Cons: Onboarding videos are outdated|Research section could be deeper

Account closure takes 30 days

D
David Y.
8 months ago

After since I retired last year with Emtric Trades (emtrictrades.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Multiple order types|Demo account available|Competitive fees

Cons: Account statements could be more detailed|No crypto staking

I expected bad but this was worse

M
Michael Z.
11 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Emtric Trades (emtrictrades.com) is disorganized and incompetent. I found them after attending a webinar they hosted and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Regular updates|Market news feed

Cons: Website design could be more modern

Worst decision I made this year

J
Jasmine D.
11 months ago

I referred a friend to Emtric Trades (emtrictrades.com) after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Instant funding|Detailed reporting|Fast execution

Cons: Wait times can be long during peak hours|Desktop app not available on Linux

Buyer beware - seriously

T
Trevor V.
11 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Emtric Trades (emtrictrades.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Clear documentation|Market news feed|Multiple order types

Cons: Could offer more webinars|Desktop app not available on Linux