EmpireOption is a binary options brokers that has its processing provided by Brighton Digital Services Ltd., located at 11A Arcade House, Temple Fortune, London, NW11 7TL, United Kingdom. Their phone number is U.S.: (212) 845 9749. Their email address is: [email protected] The official website is: www.empireoption.com.
When we reviewed EmpireOption, we see that they are using the popular SpotOption platform. This gives traders over 180 assets for trading binary options. They also have long term options, 60 second options, as well ladder options, Pairs and OneTouch options. Their Short term options offer expiry times of 30, 60, and 120 seconds.
Their version of the platform has the iFollow feature for traders looking to follow the trades of other traders. Recently, they added Forex and CFD trading to the same platform. This allows you to place trades at leverage of up to 1:500. At EmpireOption you can place trades for as low as $5 and earn profits of up to 81% per trade.
Auto Trading Robot
Empire offers traders who deposit over $1,000 access to trading signals from a 3rd party signal provider called Trading Central. They also offer an automated trading robot.
Generally, the automated robots are useless and help you lose money. If you want a legitimate robot that let’s you set the controls, then look at these robots.
EmpireOption Account Types
We always emphasize the necessity to carefully read the brokers Terms and Conditions before opening an account. Many times there are limitations on when and how you can make a withdrawal. Being uninformed is the most common reason for traders complaints. Read more about this in our forum.
EmpireOption offers customer service in English, Spanish and Portuguese. Their website is also available in other languages.
This broker offers many local payment methods for South American traders including Dinero Mail, Bank ticket, Boleto Bancario, Skrill, Moneybookers, Payza, Neteller, Inpay and Online Banking. The minimum deposit for new accounts is $200, But there are many other account types to choose from.
In order to establish whether or not a broker is a scam, we look to see if they are licensed. Commonly, brokers will have a license from CySEC in the EU. Many other countries have their own financial regulator who issues licenses.
As of this writing, EmpireOption does not have a regulatory license.