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EmpireOption Review

EmpireOption Review

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(10 votes, average: 3.50 out of 5)
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Company info:
Name EmpireOption
Website empireoption.com
Foundation Year 2010
Trading conditions:
Min. Deposit 200 $
Payouts 75 %
Trading Assets Currencies (Forex), Indices, Stocks, Commodities
Option Types High/Low Options, One Touch Options, Range Options, 60 Second Options, Pair Options, Short Term Options
Payment Methods:
Credit Card, Wire transfer, Skrill, Neteller, Payza, CashU
Other Features:
Accept US traders
Affiliate program
ProfitF BONUS:

Bonus –  for more info send request  through the Contact form

Detailed info:

EmpireOption –  Binary Options Broker. Company founded in 2010 in Uruguay.  Platform languages: English, French, Spanish, Portuguese. Minimum deposit = $200. Empire Option is one of the many binary options brokers running the SpotOption trading platform. It is owned by Baumann & Kraus Enterprises Ltd based in London, UK. Empire Option is yet to be a regulated binary options broker.

Trading Conditions

Empire Option offers up to 5 different account types with different trading conditions suitable for the different investor profiles as shown below;

empire-option-account-types

Figure; Empire Option Account Types
Empire Option Registration

empire-option-registration-form

Figure; Empire Option Registration Form

Registering with Empire Option only takes a few minutes requiring only basic personal information such as; names, email address, birth date, country and mobile number. One can open a USD, EUR or GBP denominated account. As part of the KYC policy, Empire Option requires the following documents from its clients;

Deposits and Withdrawals

Deposits

empire-option-deposit-options

Figure; Empire Option Deposit Options

Deposits to the Empire Option trading account can be done via Credit Cards (Visa, American Express, MasterCard, Dinersclub e.t.c), Skrill, Neteller and Bank Wire Transfer. Transfers via bank wire require a minimum transfer amount of $500; for amounts greater than $1000, Empire Option assumes the transfer fees.

 

Withdrawals

To withdraw from one’s Empire Option account, a withdrawal request is required with attachment of the relevant documents if the account was not verified at account opening. Withdrawal conditions vary depending on the account type as shown below;

Account Type Minimum Withdrawal Processing Period Cost
Micro Account 200 units 10 working days $30
Classic Account 100 units 7 working days $25
Plus Account 100 units 5 working days $20
Preferential Account 1 unit 3 working days $10
VIP Account 1 unit 1 working day Free

 

Trading Platform

Empire Option uses the popular SpotOption web based trading platform as well as mobile trading applications for Android and iOS.

Empire Option Web Based Trading Platform Features;

Cons;

empire-option-trading-platform

Figure; Empire Option Web Based Trading Platform
Empire Option’s iFollow feature allows traders to follow other successful traders and copy their trades into their own trading account.

empire-option-ifollow-feature

Figure; Empire Option iFollow Social Trading Feature

Empire Option Signal Service
Holders of a Plus account and above at Empire Option are able to access trade signals. Plus account holders are able to access signals from 1 asset group, 2 asset groups for Preferential accounts and 4 asset groups for VIP accounts. Signals are provided by FAUNUS

empire-option-signals

Figure; Empire Option Signal Service

Education

empire-option-education

Empire Option offers the following educational resources; news, economic calendar commentary, Empire TV, tradebooks, seminars and an economic events simulator.

Pros and Cons

Pros 

Cons

 

Customer Support

Spain (+34) 932 202 011

Argentina (+54) 11 5078 9783

Mexico (+52) 722 477 9925

Chile (+56) 45 294 3753

Colombia (+57) 4 204 0553

Peru (+51) 17 061 987

Venezuela (+58) 212 720 1913

Conclusion

EmpireOption is one of the many binary options brokers running the SpotOption web based trading platform which has become very popular with traders. Empire Option also offers good trading conditions, however, it is yet to be a regulated binary options broker


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