Trust Broker HubTrustBrokerHub
Unregulated

FXEM

Australia · Empire Markets Limited
Unregulated Australia 5-10 years Forex, Precious metals Listed on MetaQuotes MT5 Main market: BG
2.9/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 4.9 / 10
FXEM has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2010
Platforms
MT5
Min. deposit
—
Max. leverage
1:400
Account types
—
Website status
Online
checked 25 Oct 2026

FXEM Review — Overview

Updated 29 Jul 2026
Regulation
Unregulated
Licence status
None
Platforms
MT5
Max. leverage
1:400
Instruments
Forex, Precious metals, Equity Indices, Stocks
Typical spread
From 0 pips
Operating
Est. 2010
Main market
BG
Entity
Empire Markets Limited
Website
fxem.com · Online

FXEM is a forex & CFD broker based in Australia, established in 2010. On Trust Broker Hub it holds a Trust Score of 2.9 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for FXEM. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

FXEM provides access to Forex, Precious metals, Equity Indices, Stocks. Published conditions include leverage up to 1:400. No complaints are currently on record. Overall, FXEM carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency public disclosure 10.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 3.65
Data completeness 6 of 10 facts verified 60%  ×0.80
Trust Score 2.9 / 10

Trust Score history

FXEM currently scores 2.9/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Live website and reachable support channels
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for FXEM. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
Empire Markets Limited MT5 server: FXEM
Registration number
191369 GBC
Registered address
Nalletamby Road, Morcellement Boucan, Phoenix, Mauritius
Offices
Mauritius
Status (per MetaQuotes)
Regulation: Mauritius
Website
www.fxem.com
Email
operations@fxem.com
Abuse reports
operations@fxem.com
Phone
Tel: +230 2456703

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsForex, Precious metals, Equity Indices, Stocks, Energies, Commodities.
Minimum deposit$0
Maximum leverage1:400
Typical spreadFrom 0 pips
PlatformsMT5
Demo account✅

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on FXEM

Editorial · updated 29 Jul 2026
Our analysis · editorial 2.9/10

High-risk profile

FXEM does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 16 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 2.9/10 — a high-risk profile.

Strengths
  • Long 16-year operating track record
  • No complaints on record with us
  • Supports MT5 trading
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

0 reviews
—

No user reviews yet. Traded with FXEM? Your review helps others decide.

Write a review
5 0
4 0
3 0
2 0
1 0

FXEM — Questions & Answers

0 questions

Log in to ask a question about FXEM.

No questions yet about FXEM. Be the first to ask — answers from the community and our team help every trader.

Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag FXEM here if that changes.

Full specifications

Regulated region
Australia
Operating period
5-10 years
Main market
BG
Instruments
Forex, Precious metals, Equity Indices, Stocks, Energies, Commodities.
Year founded
2010

Frequently asked

Is FXEM a safe broker?
FXEM scores 2.9 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the FXEM MT5 server name?
FXEM is listed in the MetaQuotes MetaTrader 5 directory under the server name "FXEM". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is FXEM regulated?
MetaQuotes lists Empire Markets Limited with the status "Regulation: Mauritius". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the FXEM trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from FXEM?
FXEM publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.