EmpireOption | Binary Options Brokers

EmpireOption Review

EmpireOption
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Overview

Any trader would feel blessed after experiencing all the advanced features offered by the EmpireOption binary options trading platform. With the help of all the services and tools provided by…

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Details

Broker EmpireOption
Website URL http://www.empireoption.com
Founded 2011
Headquarters 11A, Arcade House, Temple Fortune, London, NW11 7TL, United Kingdom
Support Number +1 212 845 9749
Support Types Phone , e-Mail Form , Live-Chat
Languages English , Spanish , Portuguese , French , German , Russian
Trading Platform SpotOption
Minimum 1st Deposit $200
Minimum Trade Amount $25
Maximum Trade Amount $1,000
Bonus Unlimited Welcome Bonus
Payout 85%
Free Demo Account No
Account Types Micro , Classic , Empire Plus , Preferential , Empire VIP
Deposit Methods VISA , MasterCard , inpay , Sabadell , Skrill Moneybookers , CX , BBVA , NETELLER , Santander
Withdrawal Methods VISA , MasterCard , inpay , Sabadell , Skrill Moneybookers , CX , BBVA , NETELLER , Santander
Trading Methods Browser , Mobile
Number of Assets 104
Expiry Times 60 Sec , 2 Min , 30 Min , 1 Hr , 10 Hr , 24 Hr , End of Day , End of Week , 30 Days
Types of Assets Currencies , Stocks , Indices , Commodities
Option Types High/Low , One Touch , 60 Seconds , Long Term , Pair Options
Trading Currency USD , EUR , GBP
Account Currency USD , EUR , GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 95

Screenshots

Screenshot 1 Screenshot 2

Pros

  • SpotOption Powered Trading Panel
  • Market Signals
  • Social Trading
  • Training
  • Industry Awards

Cons

  • Not Regulated
  • No Demo Account

Full Review

Any trader would feel blessed after experiencing all the advanced features offered by the EmpireOption binary options trading platform. With the help of all the services and tools provided by EmpireOption, one can experience the ‘joy’ of trade and be successful. Besides, EmpireOption does not just wish to provide services but also to educate their customer base so they can trade efficiently. This is the reason why they offer great educational resources, seminars, daily tips, market info, promotions and certain banking advantages.

In this review of EmpireOption, we wish to show that EmpireOption is a broker you can trust and expect to get treated with the best of standards from them, needless to say, they are a regulated trading platform after all. Please kindly note that Empire Option accepts traders from the US. Check the entire review of EmpireOption below to know more.

EmpireOption Special Features

EmpireOption offers a number of loyalty programs for their customers as they continue to trade with the broker, and this review covers it all. The objective is to establish customized levels in trading service with the help of which the trader can make the best out of their trading experiences, also being able to advance and learn more at the same time. EmpireOption wishes to display the flow of features over different account types so traders can know what to expect.

EmpireOption Micro Account

This account is the most basic account, acting as an entry into the operational factors of binary options. This account would be the best choice for someone new to trading, but would also be of help to expert traders who are in search of the next trading outpost to find out which sort of platform solution is being used by EmpireOption. Users making a deposit of $200 initially will get an exclusive access to this platform, web seminars, e-books about trading and all the basic banking services. One would not need any more than this to test the software and understand how EmpireOption functions.

EmpireOption Classic Account

Requiring a minimum deposit of $500, this account is basically for somewhat new users as well so they could adjust and get along with the software. It includes:

  • A personal account manager.
  • Access to EmpireTV.
  • Books and Seminars.
  • Access to the first level of market strategies.
  • Lower minimum withdrawal amount requirement and much faster processing. (Check the banking section for further information).
  • Economic calendar.
  • Market reviews by EmpireOption.

EmpireOption Plus Account

Requiring a minimum deposit of $1,000, here are the features this account has for you:

  • Access to EmpireTV.
  • Everyday market review by EmpireOption.
  • A market simulator.
  • Three seminars and three trade books.
  • Economic calendar.
  • Promotions.
  • Signals.
  • 5 Days withdrawal processing.
  • Unit I Strategy.

EmpireOption Preferential Account

This account requires you to deposit a minimum of $5,000 and is made for expert traders as they can update and enhance their skills and experiences. This account includes each and every feature stated above, and additionally the following:

  • Market review by EmpireOption.
  • Strategies of advanced levels.
  • $1 minimum withdrawal amount.
  • 3-day withdrawal processing.
  • One to one training sessions.

EmpireOption VIP Account

Requiring a minimum deposit of $20,000, this account brings to you the most advanced level of services out there and even we failed to find better features than this recently. This account includes:

  • Everyday market review by EmpireOption.
  • Access to EmpireTV.
  • Five seminars and five trade books.
  • Calendar.
  • Special promotions.
  • Signals.
  • Market Simulator.
  • Greatest levels of strategy.
  • Minimum withdrawal amount is $1.
  • Immediate withdrawal processing.

By now, everyone should already be aware of the fact that this broker has some really promising features. Besides, an iFollow functionality is also offered by EmpireOption and we believe this is seriously amazing. It acts on the idea of the apparent sharing economy which already is modifying the way we earn and live to connect every trader out there in a network so that any person can follow trades being done by any client. This is how EmpireOption lets people receive many signals and grants much-needed knowledge and ideas, all free of cost!

While it may seem a bit weird to some that Calendar is also a ‘feature’ with EmpireOption, one should actually think of it with a more positive perspective. While on the other hand, the Market Simulator feature does the job of improving the already efficient binary options academy as it draws on the simulated market events and news so as to detect models of upcoming probable changes in price.

Users will also receive bonuses with the help of which the chances of profits increase greatly. Moreover, the policies are totally fair, needing only a 30x turnover of the bonus amount. This makes EmpireOption really one of our favorites.

EmpireOption YouTube Video Review

EmpireOption Trading Software and Assets

The trading platform offered by EmpireOption is powered by SpotOption and is an amazing interface that can directly be used from the browser itself. Some may see this is a downside but there is no reason why they should, as a number of brokers around the world are still busy implementing their latest solutions. EmpireOption can be seen using a somewhat different and angular theme, and we felt that it was simply fresher and newer compared to the rest. But when it comes to the resourcefulness and instinctive nature of the platform, EmpireOption simply beats everyone. One can choose from between five different options: One touch, pairs, short term and long term.

Throughout our EmpireOption review, we were able to see that all these options were at their best and really efficient. You will be able to find real-time price quotes as the data streams are provided by Reuters, and overall they work brilliantly and are really responsive to whatever input the trader gives. While the short term and long term options may feel a bit standard or common, pairs is a really amazing way to improve your trading experience as EmpireOption offers a great list of assets. There are exotic OneTouch options for those users who do not bother taking a little risk and go for higher payouts as they need one to detect the price points as well, which lowers the importance of the date of expiry.

Not everyone may realize this themselves, but EmpireOption greatly reduces the risk, which means that with the regular options, if users end up with a loss, they are sure to receive a refund of 15% depending on which asset was involved.

EmpireOption has a mobile application available for iOS and Android which can be downloaded from the application store, so traders will be able to trade on the go using their smartphones or tablets, as shown by the EmpireOption review.

EmpireOption Support and Services

The support you will experience with EmpireOption is going to impress you, most likely. Everything mainly depends on the personal approach that the personal account manager provides you with. This is something we liked in our EmpireOption review. This is a great service, but some people are not always comfortable with a phone call or live talk to get their information. There is no sufficient information about the contact on the website. There is a live chat feature on the top of the page, a web form and several phone numbers. One can request mail support through support@empireoption.com.

Mostly, everyone prefers the personal approach more, but that does not mean there should be no FAQs on the website. However, this does not make a lot of difference as EmpireOption has a really efficient customer support team who will help you in every way they can. The FAQs are actually not even needed. This is confirmed by the privacy seal stamped by TRUSTe, and all the data is handled personally and stays protected and safe via TRUSTe regulations. Therefore, one does not need to bother about risks when they speak to the broker.

EmpireOption Banking and Company

As mentioned in the previous section of this EmpireOption review, this broker has some of the best data privacy procedures and complies with the regulations of TRUSTe. This automatically enhances the safety and security of the financial data which the users are supposed to transact with at the time of deposits or withdrawals. The experience of using banking services by EmpireOption mainly depends on the type of account one holds, but what’s common here is the safety and professionalism. We can confidently say that you can always expect these features from EmpireOption.

Users can choose between bank wire, credit cards and e-money services in order to transfer their funds. However, in order to carry out swift deposits, one should use VISA, MasterCard, Neteller, bank account, BBVA, Skrill or Payza. Some of these methods enable the transfer of great amounts while some are pretty fast.

At the time of withdrawal, the rules that apply depend on the type of account one holds, as we saw in our EmpireOption Review.

If one has an EmpireOption Micro account, the minimum withdrawal is $200 and it takes ten days to process the withdrawal request. A fee of $30 is charged on every transaction and at least 20 operations are required before you can withdraw. The maximum you can withdraw is 500 currency units.

With the EmpireOption classic account, the fee is reduced to $25, while the processing time comes down to 7 days. The minimum withdrawal becomes 100 and maximum becomes 2000 currency units respectively. Only fifteen minimum operations are required before you can withdraw.

Using the EmpireOption Plus account, things get more convenient as the fee goes down to $20 per withdrawal, processing time reduces to 5 days, the minimum withdrawal is $100 and the maximum is $3,500. Withdrawal can be done only after ten operations.

With the preferential account and the VIP account, one requires only five operations to be able to withdraw. The minimum withdrawal remains only $1 while maximum goes up to $5000, with the fee as low as $10. However, with the VIP account, the there is no maximum withdrawal limit and no fee whatsoever.

For Classic, Plus, Preferential and Empire VIP, the first withdrawal of the month is free of charge.

During our EmpireOption review, we were able to notice that EmpireOption is a brand that belongs to Lubona Enterprises Ltd., which is based in BIV.

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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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