EmGoldex operates without disclosing its ownership or management on its website. The company claims its entity, Emgoldex Trade DMCC, is registered in the Dubai Multi Commodities Centre (DMCC) free economic zone. This entity reportedly holds a license to trade gold and precious metals globally. However, the individuals behind Emgoldex Trade DMCC are not named.
The emgoldex.com domain registered on April 19, 2011, lists only "Emgoldex Trade DMCC" as the owner. The actual operators remain undisclosed.
EmGoldex lists gold bars from third-party suppliers on its website. Purchasing these items requires an affiliate login. The company primarily markets 540 EUR matrix positions rather than direct gold sales.
The EmGoldex compensation plan, detailed in its "terms of a marketing program," is difficult to understand. For instance, the terms state: "If to the order of the buyer maximum compensation isn't charged after passage of two cycles of the Main table, the Owner of the order has the right to finish the Order at the expense of money resources to the full sum of execution of the order and to receive bars of investment gold or to receive already available bars from storehouse or to sell them back to the company. The order will be considered as finished. The buyer can issue a new order by reinvesting 540 credit bonuses for 2 more cycles." This language appears structured to confuse.
An "affiliates only" slideshow, circulated widely in Spanish, Portuguese, and Russian, simplifies the plan. It shows the EmGoldex opportunity begins with a 540 EUR buy-in. This presentation appears to be official company material.
Affiliates who pay the 540 EUR fee enter a reverse 2x3 matrix. This structure places the new affiliate at the bottom of the matrix. A complete 2x3 matrix holds fourteen positions: eight at the lowest level, four above that, two higher still, and one at the top.