Notice – EmpireOption is no longer available for binary options, the broker now offer just the FOREX and CFD tools, we recommend IQ Option instead for binary options trading

EmpireOption is owned by Brighton Digital Services Ltd. and was established in 2011.The broker has been getting a lot of attractions as their customer base seems to be getting bigger. From our personal research and encounter with the broker, here is our review.

Basic Information on the broker

  • Owner – Brighton Digital Services Ltd.
  • Headquarters – 11A Arcade House, Temple Fortune, London, NW 117TL, United Kingdom
  • Countries: All nations, except the USA
  • Currencies: USD, EUR, GBP
  • Platform –  SpotOption
  • Minimum deposit –  $200
  • Minimum investment –  $25
  • Maximum return –  85%
  • Mobile – Available

Pros:

  • The broker uses the SpotOption platform which is a user-friendly broker.
  • Quality educational tools for their traders
  • Variety of options types available
  • Good customer service approach
  • Mobile trading app available for traders

Cons:

  • No demo account option

AssetMagnate Rating:

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EmpireOption Broker Overview

Here is more in-depth information on the EmpireOption broker.

Trading Platform

EmpireOption uses the SpotOption platform which is a user-friendly trading platform, suitable for all types of trader including professionals and beginners. The broker has a variety of trade options which include; long-term options, 60-second options, as well ladder options.

The broker also has a mobile trading platform which is available for iOS and Android users and can be found in their respective app stores.

EmpireOption Trading Accounts

The EmpireOption has different account types. The account types vary with the amount deposited by the trader.  The account types include;

EmpireOption Micro Account

With this account type, the minimum deposit required is $200+. The benefits of trading with this account type includes; weekly financial reports, seminars, and trade books and the withdrawal time for this account type is 10 working days.

EmpireOption Classic Account

With this account type, the minimum deposit required is $500+. The benefits of trading with this account type includes; daily financial reports, Seminars and trade books – intermediate level, minimum withdrawal of $100, withdrawal time – 7 working days, personal account manager, EmpireTV + economic calendar, Investment strategy – unit 1 and Promotions.

EmpireOption Plus Account

With this account type, the minimum deposit required is $1000+. The benefits of trading with this account type includes; daily financial reports, Seminars, and trade books – intermediate level, minimum withdrawal $100, withdrawal time – 5 working days, personal account manager, trading signals, market simulator, EmpireTV + economic calendar, investment strategy – unit 1 and promotions.

EmpireOption Preferential Account

With this account type, the minimum deposit required is $5000+. The benefits of trading with this account type includes; daily financial reports, seminars, and trade books – advanced level, minimum withdrawal $1, withdrawal time – 3 working days, personal account manager, trading signals, market simulator, EmpireTV + economic calendar, investment strategy – unit 1+2+3 and promotions.

EmpireOption VIP Account

With this account type, the minimum deposit required is $30000+. The benefits of trading with this account type includes; daily financial reports, seminars, and trade books – advanced level, minimum withdrawal $1, withdrawal time – 1 working day, personal account manager, trading signals, market simulator, EmpireTV + economic calendar, investment strategy – unit 1+2+3 and promotions

Deposit/Withdrawal

To make deposits/withdrawal easy for their traders, the broker has offered their customers various payment options which include several local payment methods for South American traders including Dinero Mail, Bank ticket, Boleto Bancario, Skrill Moneybookers, Payza, Neteller, Inpay and Online Banking.

Customer Service

Although their customer service is not the best, but they seem to be doing a good job as the support team can be accessed through live chat, telephone (Brazil: +55 11 3957 0364, USA: (212) 845-9749 and Mexico: (+52) 722 477 9925.), e-mail- [email protected] and there is a personal manager available for traders as well.

Conclusion

Although the broker has a few downsides, it is amazing when it comes to offering their traders a wonderful trading experience. The broker is suitable for both experts and beginners and can be given a try if you’re looking for a good broker to trade on.

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