Emirex Review 2024
Minimum
deposit:
  • $20

Trading platform:

  • Proprietary platform

Emirex Review 2024

Updated:
Updated: October 06, 2023

2.71

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $20

Trading platform:

  • Proprietary platform
Trading features:
  • Investment programs are available

Summary of Emirex Crypto Exchange

Emirex is a high-risk cryptocurrency exchange with the TU Overall Score of 2.71 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Emirex clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Emirex ranks 161 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The Emirex cryptocurrency exchange is popular worldwide. Real-time charting is performed using the TradingView tool. Besides that, by using the Emirex exchange, you can diversify risks by buying digital assets that are not available on other exchanges, for example, TNC, REV, and Woop.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

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Emirex is an exchange that allows you to conduct transactions with cryptocurrencies. The exchange has been operating since 2017 and was formerly known as the BitMeEx. Emirex focuses on working with digital assets in the Middle East. Despite this, the exchange also provides the necessary tools for trading in the international cryptocurrency market. In particular, traders from Africa, Asia, and Europe use Emirex as their main crypto exchange.

💰 Account currency: RUB, USD, EUR, and other fiat currencies and cryptocurrencies
🚀 Minimum deposit: $20 ⠀
⚖️ Leverage: No
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, P2P trading, and tokenized shares
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Emirex:

  • relatively low commission;
  • availability of the proprietary native EMRX token, which is accrued for activity on the platform;
  • optional verification in case of spot trading;
  • proprietary ecosystem based on a native token;
  • availability of two versions of the website and platform: local and international;
  • possibility to withdraw money directly to a bank card;
  • wide range of functions for additional passive earnings;
  • high speed of operation: the platform works quickly regardless of the performance of the operating device.

👎 Disadvantages of Emirex:

  • differences in the functions between the global and the local versions are caused by the local version having more advanced tools;
  • the requirement to verify your personal data before you can use a bank card;
  • multi-level account identification;
  • dynamic captcha.

Evaluation of the most influential parameters of Emirex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

1.38

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

2.80

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

2.58

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.74

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

3.10

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

3.32

/10

User Satisfaction i

3 comments
Total score:
3.3 /10

Share your experience

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aqibraz
10 weeks ago

emirex is a very promising broker. I decided to try it and deposited a small amount. I liked it, since the execution is good. Fees are just a bit high, but what can you do? Withdrawals are without problems.

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Danielgany
1 year ago

Emirex is just a scam. Guys, I think we just need to say goodbye to our money. It's a pity. I left $13,000 there! Fraudsters. I am very angry because I did nothing wrong, but I paid the price.

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elbacs2
1 year ago

On one forum not so long ago, the Emirex exchange was advised to me. I decided to try. Make a contribution to the wallet and ... I gave them money. It's just that the withdrawal eats up such an amount that there is nothing to withdraw. They also hunt for money withdrawal with the help of promotions and bonuses. Yes Yes. There is no one to complain about them, you yourself conclude an agreement and agree to all the conditions.

Expert Review of Emirex

Emirex is a relatively new cryptocurrency exchange that was established in 2017. During its operation, the exchange was able to attract the attention of numerous cryptocurrency trades due to its investment programs. Thousands of transactions are made on the exchange every day, and in terms of trading volumes, of course, Bitcoin (BTC) is in the lead with its $2.4 million. Since its introduction in 2017, the exchange has changed significantly. The work of the website and personal account has stabilized, and it is possible to use fiat money for trading cryptocurrencies from a bank card.

Spot trading and passive income are also available. For passive earnings, the cryptocurrency platform provides DeFi (DeFi Strategy, AMM DEX) and IEO/SFC programs.

Passing several levels of verification opens access to new features of the exchange. For example, it is impossible to deposit funds without verification. The Starter Level removes the limitation on the deposit/withdrawal of assets to/from crypto wallets, users with an Expert Account can use bank cards, and the Master Level removes limitations on the maximum deposit/withdrawal amount.

For the average trader, the range of features of the Emirex cryptocurrency exchange will be more than enough. The cryptocurrency exchange works with more than 50 pairs of cryptocurrencies, and there are four asset markets for trading, which are BTC, fiat, stablecoins, and altcoins. Each has different combinations of trading pairs.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Emirex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The Emirex cryptocurrency exchange offers several IEO/SFT investment programs. You can also reduce commissions by using the referral system and buying a native EMRX token. 

Emirex investment programs

IEO means the initial placement of an exchange offer. This is a subtype of ICO, which is conducted directly by the cryptocurrency exchange to engage additional investments in a certain cryptocurrency. At the moment, there are six IEO programs on the Emirex crypto exchange: EMRX, T69, CTRO, SLAVI, DMTR, and AQR.

EmiSwap staking pays interest up to 365% per annum. The DeFi Emicomp program assumes investments with an average yield of up to 48% per annum. The interest rate depends on the investment asset. The profit is fixed automatically and can be withdrawn instantly.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Emirex’s affiliate program

The Emirex affiliate program has five levels. This is a referral system, according to its terms, where the client receives bonuses in the form of BTC or EMRX. Additionally, commission costs for placing orders are reduced. 

The referral program involves a multi-level drop in commission costs. To reduce the commission as much as possible, it is necessary to be active on the cryptocurrency exchange, invite users, and actively trade there. The initial commission for trading is 0.2%.

At the first level, the commission is reduced by 15% (0.015% from each trade), at the second by 8% (0.008%), at the third by 5% (0.005%), at the fourth by 3% (0.003%), and at the fifth by 2% (0.002%). A reward in BTC is accrued for each referral, which can then be withdrawn to a bank card or a cryptocurrency wallet.

Trading Conditions for Emirex Users

The Emirex cryptocurrency exchange provides a wide range of earning instruments, including tokenized shares. Traders are provided with both spot trading and instant P2P exchange. The cryptocurrency exchange provides holders with a deposit opportunity. There is also a real estate tokenization function.

$20

Minimum
deposit

1:1

Leverage

24/

Support

💻 Trading platform: Proprietary platform based on TradingView
📊 Accounts: Standard, professional, and P2P platform
💰 Account currency: RUB, USD, EUR, and other fiat currencies and cryptocurrencies
💵 Replenishment / Withdrawal: Bank card, credit cards, P2P cryptocurrency exchange, and third-party services
🚀 Minimum deposit: $20 ⠀
⚖️ Leverage: No
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, P2P trading, and tokenized shares
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: N/a
⭐ Trading features: Investment programs are available
🎁 Contests and bonuses: Regularly

Broker comparison table of trading instruments

Emirex Bybit MEXC Binance Huobi Global Yobit
Forex No No No Yes Yes No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Emirex Commissions & Fees

Information
Specialists at the Traders Union checked the commission costs of the exchange and found that the exchange commission depends directly on the types of assets traded. For example, for EMRX/USDT and EMRX/BTC pairs, the commission is 0.3%. The commission for the T69/USDT pair is 0.25%, and for the rest of the pairs, it is 0.1%. The crypto exchange does not charge a commission when crediting fiat funds from a bank card using SEPA or SWIFT payment methods.
Commission for withdrawal of fiat money for EUR: SEPA - 20 EUR; MasterCard - 3.2% of the withdrawal amount + 1 EUR; and VISA - 2.2% of the withdrawal amount + 4 EUR. Commission for withdrawal of fiat money for USD: MasterCard (double conversion) - 3.2% of the withdrawal amount + 1 EUR; and VISA - 2.2% of the withdrawal amount + 4 USD.
There is no commission charged for depositing cryptocurrencies to the balance. With few exceptions, commission costs are removed if you need to withdraw a digital asset.
Account type Spread (minimum value) Withdrawal commission
Standard From $10 Yes

This table compares Emirex commission costs with other exchanges.

Broker Average commission Level
Emirex $10 Medium
Binance $6 Low
Bybit $20 High
Logo Emirex
$10
$6
$20

Contacts

Foundation date 2013
Registration address Tallin, Harjumaa, Estonia
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the Emirex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Emirex you need to go to the broker's profile.

How to leave a review about Emirex on the Traders Union website?

To leave a review about Emirex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Emirex on a non-Traders Union client?

Anyone can leave feedback about Emirex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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