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Empire Option Review

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Broker information

Besides that the website of EmpireOption is simple and intuitive, it is also very professionally developed. Domiciled in Uruguay and launched in 2010, they have since then become probably the most secure binary trading platform in the industry with over 700,000 clients. This platform offers the ability to trade in more than 250 assets. Their website is available in four different languages – English, Spanish, French, and Portuguese – and is one of the most elegantly designed in the industry.

Accounts

EmpireOption has five different accounts available at traders’ choice. Opening a Micro accounts necessitates an initial deposit of $200. The Classic account’s minimum deposit is $500. Those who want to start an Empire Plus Account would need to fund it with at least $1,000. To launch a Preferential account, a trader would be required to deposit at least $5,000. Empire VIP account holders are requested $30,000 to start trading.

Deposit and Withdrawal Options

As an innovator, EmpireOption is devoted to guaranteeing the ultimate safety for its avid traders. In this regard, the binary enterprise has at investors’ disposal a number of reputable and convenient payment methods, including MasterCard, Bank Wire, Skrill, Neteller, VISA Santander, inpay, Sabadell, CX, and BBVA. The supported currencies at EmpireOption are American dollars, Euros, and British pounds.

The withdrawal process and the number of units for the different accounts vary to a great extent. For the Micro, that period is up to 10 working days and 200 units at a minimum. For the Classic and the Empire Plus, the periods and minimum amounts are 7 business days and 100 units, and 5 business day and 100 units, respectively. Holders of a Preferential account can withdraw even 1 unit for a period of up to 3 working days, while the Empire VIP can also withdraw 1 unit but just up to 1 working day.

Features

Unlike the majority of the binary options brokers, EmpireOption offers the social trading feature. It is a novel form of investing which enables users, with the help of others, to trade online. In this way, it connects all traders around the globe and they can share their specific expertise and knowledge. This feature is very helpful in a number of ways. One of the most popular is “Copy Trading” where clients copy a position which is usually opened and managed by a professional investor. “Ifollow” and “ZuluTrade” are some of the other options at EmpireOption. There are also “Long Term”, “Pairs”, “One Touch” (payouts between 350% and 500%), and the “Short Term” option which varies from 30 seconds to 2 minutes.

Education

Education is a key part of EmpireOption’s mission to create professionals thanks to their educational and training instruments. They have developed various instructive tools including interactive videos (EmpireTV), online courses, web seminars where every trader is encouraged to participate, customized classes as well as tradebooks which accustom every user with trade concepts, terms and definitions. Trading signals are also an indispensable part of trader’s success and EmpireOption provides them to their users.

Customer Support

Telephone counselling, as well as an e-mail and a live chat customer service, is available at EmpireOption. The chat function is very efficient and the person contacted was extremely helpful and dealt with our requests in a professional manner and high levels of attentiveness.

Bonuses/Promotions

All accounts at EmpireOptions come with financial analysis, tradebooks, and reports. Save for the Micro Account, all others get personal account executive, special promotions, access to EmpireTV and an economic calendar, as well as strategies for investments. Market simulators and trading signals are the perks entitled only for the Empire Plus, Preferential and Empire VIP accounts. One-to-one sessions are provided to the Preferential and Empire VIP account holders. Inviting a friend also comes with a 10% bonus for all accounts.

 

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