Eminence Pro Review - VerifyAlgo Safety Score: 11.4/100
- Oct 21, 2025
- 11 min read
Updated: Oct 22, 2025
Safety Score Breakdown
U.S. Regulated Brokers Only: 0/20 ❌
U.S. Regulated Markets Only: 0/20 ❌
Reputation Score (Trustpilot): 6.4/10 ⭐⭐⭐
Dangerous Strategies (Low Score = Bad, High Score = Good): 0/20 ❌
Drawdown History (Low Score = Bad, High Score = Good): 0/20 ❌
Performance Transparency: 5/10 ⚠️
Total Score: 11.4/100
Risk Assessment: Does not meet VerifyAlgo safety standards
Recommendation: Eminence Pro does not meet VerifyAlgo's safety criteria. The service is known to have customers use OX Securities (which appears on the CFTC RED List), operates in unregulated forex markets, employs Martingale strategies, and client reviews document drawdowns of 45-60%. The service provides MyFXBook performance tracking and receives below-average client feedback (3.2/5.0 Trustpilot). Prospective clients should carefully evaluate these factors.
Executive Summary
Eminence Pro (eminencepro.io) provides algorithmic trading services for forex markets. According to the company's Trustpilot profile, they have a rating of 3.2/5.0. VerifyAlgo's analysis finds that Eminence Pro does not meet safety standards in several areas: the service is known to have customers use OX Securities (a broker appearing on the CFTC RED List), operates in unregulated forex spot markets, employs Martingale strategies, and client reviews document drawdowns of 45-60%. The service provides MyFXBook performance tracking. With a score of 11.4/100, Eminence Pro does not meet structural safety criteria.
Detailed Score Breakdown
1. U.S. Regulated Brokers Only: 0/20 Points ❌
VerifyAlgo Criterion: Services must exclusively use U.S. NFA/CFTC regulated brokers.
Finding: Eminence Pro is known to have customers use OX Securities, which appears on the CFTC RED List.
Documentation: According to available information, Eminence Pro is known to have customers use OX Securities for broker services.
CFTC RED List - Educational Context:
The CFTC maintains a Registration Deficient (RED) List. According to the CFTC:
"The Registration Deficient List, also called the RED List, contains names of foreign entities that appear to be acting in a capacity that requires registration with the CFTC, but they are NOT registered with the CFTC."
The CFTC states:
"The inclusion of an entity's name on the RED List does not mean that the CFTC or a court has concluded that a violation of any provision of the Commodity Exchange Act or the Commission's Regulations has occurred. However, you should be cautious of unregistered firms or individuals when participating in products or markets that historically have seen a large number of fraud complaints — these include binary options, forex, digital currencies, commodity pools, and precious metals."
OX Securities Status:
OX Securities appears on the CFTC RED List.
Educational context - U.S. regulated vs. unregistered brokers:
U.S. NFA/CFTC registered brokers provide:
Regulatory oversight and compliance requirements
Mandatory minimum capital requirements
Segregated client funds
Regular financial reporting and audits
Regulatory recourse through NFA arbitration
Unregistered brokers like those on the CFTC RED List:
Operate without CFTC registration
May have different client fund protection structures
May provide different legal recourse options
CFTC advises caution when using such entities for forex trading
Score rationale: Eminence Pro is known to have customers use OX Securities, which appears on the CFTC RED List. Zero points awarded in this category.
2. U.S. Regulated Markets Only: 0/20 Points ❌
VerifyAlgo Criterion: Services must operate exclusively in U.S. regulated markets with centralized clearing.
Finding: Eminence Pro operates in forex spot markets.
Documentation: According to available information, Eminence Pro trades forex.
Regulated Currency Futures Context:
CME Group offers centrally cleared, CFTC-regulated currency futures.
According to CME Group's FX Product Guide (https://www.cmegroup.com/markets/fx/fx-product-guide.html#micros-minis), regulated currency futures include:
Available regulated products:
Major currency pairs (EUR/USD, GBP/USD, USD/JPY, etc.)
Micro and mini contract sizes
E-mini FX futures
Standard, E-mini, and Micro contracts
These regulated currency futures provide:
Centralized clearing through CME Clearing
CFTC oversight
Transparent centralized pricing
Standardized contracts
Daily settlement
Position limits
Access through NFA-registered brokers
Educational context - forex spot vs. CME currency futures:
Forex spot markets:
No centralized clearinghouse
Broker acts as counterparty to client trades
Pricing set by individual brokers
Regulatory oversight varies by jurisdiction
Different execution structures
CME currency futures:
Centralized CME Clearing
Exchange clearing
Centralized transparent pricing
CFTC regulatory oversight
Standardized specifications
Traded through U.S. NFA/CFTC registered brokers
Score rationale: Regulated currency futures on CME provide access to currency pair markets with centralized clearing and CFTC oversight. Eminence Pro operates in forex spot markets. Zero points awarded in this category.
3. Reputation Score: 6.4/10 Points ⭐⭐⭐
Trustpilot Rating: 3.2/5.0
VerifyAlgo Reputation Score: 6.4/10 (Trustpilot rating × 2)
Client feedback themes:
Based on Trustpilot reviews, feedback includes:
Customer experiences with the service
Performance results across different time periods
Drawdown experiences
Customer service interactions
Drawdown reports:
Client reviews document drawdown experiences:
60% drawdown reported
50% drawdown reported
45% drawdown reported
Educational context:
A 3.2/5.0 Trustpilot rating represents below-average client satisfaction within the algorithmic trading industry. This rating reflects experiences of clients who left reviews.
Score rationale: The Trustpilot rating of 3.2/5.0 converts to 6.4/10 using VerifyAlgo's scoring methodology (Trustpilot score × 2).
4. Dangerous Strategies (Low Score = Bad, High Score = Good): 0/20 Points ❌
VerifyAlgo Criterion: Services must not use Martingale, grid trading, or similar unlimited-risk strategies.
Finding: Eminence Pro employs Martingale strategies.
Documentation: According to available information, Eminence Pro uses Martingale strategies.
Educational context - Martingale strategies:
Martingale strategies involve:
Increasing position sizes after losses
Attempting to recover prior losses with subsequent trades
Continued position size increases during adverse movements
Can result in large accumulated positions
Can result in large losses during extended adverse movements
The Martingale mechanism:
System opens initial position
If position is profitable, closes with gain
If position moves unfavorably, position size increases
Process continues during adverse movements
Eventually position sizes may reach margin capacity
Results depend on market conditions and available capital
Mathematical characteristics:
Pattern of frequent small gains during favorable conditions
Larger losses during adverse conditions
Each position increase requires additional capital
Results depend on market conditions and account size
All trading strategies carry risk; Martingale has specific characteristics
Score rationale: Eminence Pro employs Martingale strategies. Zero points awarded in this category.
5. Drawdown History (Low Score = Bad, High Score = Good): 0/20 Points ❌
VerifyAlgo Criterion: No documented complete account losses or excessive drawdowns.
Finding: Client reviews document drawdowns of 45-60%.
Documentation: According to Trustpilot reviews:
Customers have reported 60% drawdowns
Customers have reported 50% drawdowns
Customers have reported 45% drawdowns
Complete blowup status:
While complete account blowups (100% loss) have not been documented in available reviews, the reported drawdowns of 45-60% represent substantial account equity declines.
Educational context on drawdowns:
Drawdowns of 45-60% represent:
Account equity declining by nearly half or more
Substantial loss of account capital
Requires significant gains to return to breakeven (45% drawdown requires 82% gain; 50% requires 100% gain; 60% requires 150% gain)
May approach margin requirements depending on broker and position sizes
Connection to Martingale:
These drawdown levels are consistent with Martingale strategy behavior:
Position sizes increase during adverse movements
Multiple positions accumulate
Account equity declines during these periods
System manages positions during market movements
Score rationale: Client reviews document drawdowns of 45-60%. Complete blowups have not been documented. Zero points awarded in this category based on excessive drawdown levels reported.
6. Performance Transparency: 5/10 Points ⚠️
VerifyAlgo Criterion: Third-party verified performance through platforms like MyFXBook or model account methodology showing representative client results.
Finding: Eminence Pro provides MyFXBook performance tracking.
Documentation: According to available information, Eminence Pro uses MyFXBook for performance tracking.
Positive element - MyFXBook verification:
MyFXBook provides third-party verification, which offers:
Independent data confirmation
Prevention of manual result manipulation
Real-time trade tracking
Auditable historical data
This represents a transparency effort.
Educational Context: Balance vs. Equity Reporting
Important context about MyFXBook for forex services:
MyFXBook typically reports based on balance (closed, realized trades) rather than equity (current account value including unrealized positions).
Why this distinction matters:
Balance:
Shows closed, realized trades only
Reflects profits/losses from positions that have been closed
Does not include open positions
MyFXBook typically reports balance
Equity:
Shows current account value
Includes unrealized gains/losses from all open positions
Reflects current account value
What appears in broker account
What determines margin requirements
What this means:
MyFXBook shows balance performance from closed trades
Account reflects equity including unrealized positions
During periods with open positions, these can differ
Example scenario:
MyFXBook reports balance from closed trades
Account equity includes unrealized positions
The two numbers may differ during periods with open positions
Educational context:
This balance vs. equity distinction applies to:
Martingale strategies (which may hold positions during adverse movements)
Any system holding positions
Services where positions remain open for extended periods
Single-account tracking:
Single-account MyFXBook tracking:
Shows individual account performance
May not represent typical client results across all users
Cannot show distribution of outcomes across client base
Cannot show what percentage of clients experienced various drawdown levels
The drawdown context:
Clients reporting 45-60% drawdowns are reporting account equity experiences. The relationship between these equity experiences and MyFXBook balance reporting would need to be clarified by the company.
Contrast with highest transparency (10/10):
Services receiving full transparency points would provide:
Brokerage statements: Direct broker confirmation of account values
Aggregate reporting: Real-life fills of all users
Model account methodology: Average performance across all clients
Equity-based reporting: Performance including unrealized positions
Outcome distribution: Percentage experiencing various outcomes
Clear labeling: Whether reported performance is balance or equity
Why 5/10:
Credit awarded (5 points):
Uses MyFXBook third-party verification
Provides independently verified performance data
Prevents manual result manipulation
Credit withheld (5 points):
Single-account tracking rather than aggregate reporting
No brokerage statements
No model account showing average of all user fills
No clarification whether MyFXBook shows balance or equity
Cannot verify typical client experience across all users
Score rationale: Eminence Pro provides MyFXBook third-party verification, but does not provide brokerage statements, aggregate reporting, model accounts, or balance vs. equity clarification. 5/10 points awarded.
Score Summary
U.S. Regulated Brokers (20%): 0/20 — Known to have customers use OX Securities, which appears on CFTC RED List
U.S. Regulated Markets (20%): 0/20 — Operates in unregulated forex spot markets; regulated CME currency futures available
Reputation Score (10%): 6.4/10 — Trustpilot rating of 3.2/5.0
Dangerous Strategies (Low Score = Bad, High Score = Good) (20%): 0/20 — Employs Martingale strategies
Drawdown History (Low Score = Bad, High Score = Good): 0/20 — Client reviews document drawdowns of 45-60%
Performance Transparency (10%): 5/10 — MyFXBook tracking; no aggregate reporting or balance vs. equity clarification
Total VerifyAlgo Safety Score: 11.4/100
Educational Analysis
What the score means:
A score of 11.4/100 indicates Eminence Pro does not meet VerifyAlgo's safety standards. The service scores partial points in reputation (6.4/10 based on 3.2/5.0 Trustpilot rating) and transparency (5/10 for MyFXBook verification).
Key findings:
Broker structure: Known to have customers use OX Securities, which appears on CFTC RED List
Market structure: Operates in unregulated forex spot markets
Strategy methodology: Employs Martingale strategies
Risk history: Client reviews document drawdowns of 45-60%
Transparency: MyFXBook verification; single-account tracking
Client feedback: Below-average Trustpilot rating (3.2/5.0)
Understanding Drawdown Levels
What prospective clients should understand:
Client reviews document drawdowns of 45-60%. These represent account equity declines.
What these levels mean:
45% drawdown:
Account declines by 45% from peak
Requires 82% gain to return to peak
Represents substantial equity decline
50% drawdown:
Account declines by half from peak
Requires 100% gain to return to peak
Represents substantial equity decline
60% drawdown:
Account declines by 60% from peak
Requires 150% gain to return to peak
Represents substantial equity decline
Educational context:
These drawdown levels occur during certain market conditions and represent the account equity experiences documented in client reviews.
Balance vs. Equity in Forex Services
What prospective clients should understand:
For forex algorithmic trading services, understanding the distinction between balance and equity is important.
Balance:
Shows closed, realized trades
Reflects profits/losses from closed positions
Does not include open positions
MyFXBook typically reports balance
Equity:
Shows current account value
Includes unrealized gains/losses from open positions
Reflects current account value
Determines margin requirements
Why this matters:
With systems that hold positions:
MyFXBook may show balance from closed trades
Account equity includes unrealized positions
These may differ during periods with open positions
Questions to ask Eminence Pro:
Does your MyFXBook show balance or equity?
Can you provide equity-based performance alongside balance?
Can you provide brokerage statements showing account equity?
What is the relationship between MyFXBook balance and typical client equity?
Martingale Strategy Context
What prospective clients should understand:
Eminence Pro employs Martingale strategies.
The Martingale approach:
System opens initial position
If position is profitable, closes with gain
If position moves unfavorably, position size increases
Process continues during adverse movements
Position sizes grow during these periods
System manages positions through market movements
Characteristics:
Frequent small gains during favorable conditions
Larger losses during adverse conditions
Position sizes increase during adverse movements
Results depend on market conditions
All trading strategies carry risk; Martingale has specific characteristics
Educational context:
The 45-60% drawdowns documented in client reviews are consistent with Martingale strategy behavior during certain market conditions.
Considerations for Investors
What this review provides:
This analysis is educational and based on:
Trustpilot reviews (3.2/5.0 rating)
Client reports of drawdowns
Documented Martingale strategy use
Available information about operations
OX Securities appearing on CFTC RED List
CME Group's publicly available regulated currency futures
Educational context on forex performance reporting
Objective application of VerifyAlgo's safety criteria
Understanding the score:
11.4/100 reflects:
Known to have customers use OX Securities (CFTC RED List)
Does not operate in U.S. regulated markets
Employs Martingale strategies
Client reviews document drawdowns of 45-60%
Provides MyFXBook verification but no aggregate reporting
Below-average client satisfaction (3.2/5.0 Trustpilot)
Questions for prospective investors:
About brokers and regulation:
Why do customers use OX Securities, which appears on CFTC RED List?
What client fund protections exist with OX Securities?
Why not use U.S. regulated brokers and CME currency futures?
What recourse options exist?
About strategy:
How does the Martingale position sizing work?
At what point does position sizing adjustment stop?
What is the maximum position size?
About drawdowns:
What percentage of clients have experienced various drawdown levels?
Under what market conditions do these drawdowns occur?
How long do drawdowns typically persist?
What risk management controls exist?
About performance and transparency:
Does your MyFXBook show balance or equity?
Can you provide brokerage statements?
Can you provide aggregate reporting showing all user experiences?
What is typical client experience?
Personal assessment:
Before considering Eminence Pro, assess:
Can I tolerate drawdowns in the 45-60% range?
Do I understand how Martingale position sizing works?
Do I understand the difference between balance and equity?
Do I understand that MyFXBook may report balance while accounts show equity?
Am I comfortable with OX Securities (CFTC RED List)?
What is my risk tolerance for drawdown levels?
Comparison Context
How Eminence Pro compares within VerifyAlgo framework:
Positive elements:
MyFXBook third-party verification
Areas not meeting VerifyAlgo criteria:
Known to have customers use OX Securities (CFTC RED List)
Unregulated forex spot markets
Martingale strategies
Drawdowns of 45-60% documented in client reviews
Single-account tracking
No balance vs. equity clarification
Score context:
Services at 80-90/100: Meet all VerifyAlgo criteria
Services at 60-70/100: Meet most criteria with limited gaps
Services at 40-60/100: Mixed profiles
Services at 20-40/100: Multiple areas not meeting criteria
Eminence Pro at 11.4/100: Does not meet most safety criteria
Services at 0-10/100: Fundamental structural issues
Understanding the Trustpilot Rating
Context on the 3.2/5.0 rating:
The 3.2/5.0 Trustpilot rating is below average within the algorithmic trading industry. This rating reflects experiences of clients who left reviews.
What this indicates:
Below-average client satisfaction
Mix of client experiences
Some clients report positive experiences
Client reviews document drawdowns of 45-60%
Educational context:
Trustpilot ratings reflect experiences of reviewers. With algorithmic trading services:
Results can vary based on timing and market conditions
Some clients may experience favorable outcomes
Other clients may experience drawdowns
Ratings reflect the distribution of these experiences
Methodology Note
This review applies VerifyAlgo's safety framework objectively:
Scores reflect criteria alignment: Each category has defined standards
Documentation based on: Trustpilot reviews, available information, CFTC RED List, CME products, educational context
Analysis is educational: Intended to help investors understand factors and make informed decisions
Factual reporting: Review reports documented information and applies objective criteria
No intent to harm: Review is for educational purposes
What VerifyAlgo scores measure:
✅ Regulatory structure (broker and market oversight)
✅ Strategy methodology (Martingale, position sizing)
✅ Historical outcomes (documented drawdown levels)
✅ Performance transparency (verification methods, aggregate reporting)
✅ Independent client feedback
What VerifyAlgo scores do NOT measure:
❌ Current client profitability
❌ Company intentions
❌ Customer service quality
❌ Whether specific accounts will experience particular outcomes
❌ Future performance
Important context:
The 11.4/100 score reflects:
Strategy characteristics (Martingale)
Regulatory structure (OX Securities on CFTC RED List, unregulated forex markets)
Historical outcomes (45-60% drawdowns documented in client reviews)
Transparency characteristics (single-account tracking)
Client feedback (below-average 3.2/5.0 Trustpilot rating)
Company Response
Eminence Pro may contact VerifyAlgo to provide additional information or clarification regarding:
Broker partnerships and why customers use OX Securities
Strategy methodology and risk management
Aggregate client outcome statistics
Details about drawdown experiences
Balance vs. equity clarification for MyFXBook reporting
Brokerage statements
Model account methodology
Maximum drawdown controls
Consideration of U.S. regulated brokers and CME currency futures
VerifyAlgo will review any submitted documentation and update this analysis within 5 business days if factual corrections are warranted.
Specific invitation:
If Eminence Pro can provide:
Aggregate statistics across all users
Clarification of whether MyFXBook shows balance or equity
Brokerage statements
Model account methodology
Documentation of risk controls
Explanation of broker selection (OX Securities)
VerifyAlgo would review this documentation and update the assessment accordingly.
Sources:
Trustpilot reviews (eminencepro.io): 3.2/5.0 rating
Available information regarding Martingale strategy use
Available information regarding OX Securities usage
CFTC RED (Registration Deficient) List
CME Group FX Product Guide (https://www.cmegroup.com/markets/fx/fx-product-guide.html#micros-minis)
Educational context on forex performance reporting
Company website (eminencepro.io)
VerifyAlgo safety framework criteria
