EMPIRE DEVON FUNDS

Based on its regulatory profile and industry assessment, EMPIRE DEVON FUNDS presents significant reliability concerns. WikiFX assessment indicates an overall safety and trust score of just 1.18 out of 10, which is critically low. The firm lacks any credible regulatory oversight, meaning it operates without the client fund protection, financial audits, and formal dispute resolution mechanisms typically provided by licensed brokers. Trading with an entity of this nature involves a high level of risk.

No, EMPIRE DEVON FUNDS is not a regulated broker. According to its regulatory status, the entity operates with 'No Regulation'. The firm is registered in New Zealand but does not hold a valid forex trading license from any recognized financial authority such as the FMA (New Zealand), FCA, ASIC, or CySEC. This absence of licensure is a critical factor in its overall risk profile.

EMPIRE DEVON FUNDS offers a tiered account structure, with the lowest entry point set at $50 for its Classic account. Higher-tier accounts, such as Diamond and Equity, require minimum deposits of $1,000 and $5,000, respectively. While a low minimum deposit can be accessible, it is essential to weigh this against the broker's unregulated status and the associated risks to capital.

Yes, the broker supports trading on MetaTrader platforms. This is evidenced by the fact that all listed account types, including Classic, Diamond, Equity, and Share, permit the use of Expert Advisors (EA) and scalping strategies, which are functionalities native to the MetaTrader ecosystem. The specific version (MT4 or MT5) is not detailed, but the platform support is confirmed.