EmpireOption Review – US Traders Accepted?
The success of binary options trading is hugely dependent on its simplicity, features and support systems. EmpireOption is a perfect blend of professionalism and versatility with a simple outlook: let the traders participate in the financial markets in the most reliable and secure ways possible. They provide users with a wide range of over 250 assets and expiries from 30 seconds up to a year. Launched on the SpotOption platform in 2010, EmpireOption operates from and is regulated in the WTC Freezone in Montevideo, Uruguay. It is owned by Baumann & Kraus Enterprises Ltd.. EmpireOption has over 700,000 clients globally and are the largest broker servicing clients from Spain, Portugal and Latin America. They also have a sizeable base of clients from the US, although they are no longer directly accepting USA traders.
The trading platform offers highly advanced features for both the experienced as well as beginners in the field of binary options trading.
It offers different account levels : Micro, Classic, Empire Plus, Preferential, Empire VIP, each having its own distinct features and privileges. Customized levels in trading service are provided to let one get the most out of their trading experience. Users with the micro account get access to the platform, web seminars, e-books on trading and basic banking service, enough to begin with the trading.
Assets & Other Features
The online platform at EmpireOption has been developed to revolutionize binary options trading having a simple and efficient interface. The broker allows for investing in more than 250 assets divided into four categories: indices, commodities, stocks and currencies with a minimum investment amount of just $5. The information regarding the time remaining to the expiration of the trade is displayed in the platform along with other live information such as financial news, trends according to the trader’s choices and a price development chart. The potential payout offered determines your profit depending on your success rate. A great payout rate of up to 82% is offered by EmpireOption.
Tools & Bonuses
EmpireOption also features some amazingly intuitive tools to make your trading more profitable and successful such as One Touch, Rollover, Option Builder and Double Up. One Touch can bring up to 500% profit on your investment, whereas Option Builder helps by customizing your options and reducing risks, letting you choose from 10 different gain/exposure levels and choose the expiration. The user can also receive different bonuses that can be as high as 100%.
All members of EmpireOption have access to you the iFollow feature. iFollow is a social trading feature that is built into the SpotOption platform that allows you to copy the actions of successful traders. iFollow is to EmpireOption as CopyOp is to AnyOption.
EmpireOption Deposits and Withdrawals
Credit cards, e-money services and bank wire transfers can be used to transfer funds. Swift deposits can be made using Visa, MasterCard, Neteller, bank wire, Payza, Skrill and BBVA. The minimum deposit for the Micro account is $200, which further increases to $500 for the classic account; $1,000 for Empire Plus; $5,000 for Preferential and $30,000 for Empire VIP.
EmpireOption offers different withdrawal times depending on the account type. The micro account has a minimum withdrawal amount of $200 taking 10 days to process with a $30 transaction fee, having a minimum of 20 operations required before withdrawing and 500 currency units being the maximum withdrawal. On the other hand, VIP account holders can withdraw even $1 with 5 minimum operations and an unlimited maximum with almost zero fee. The first withdrawal of a month is free of charge except for the micro account users.
EmpireOption Support and Security
EmpireOption customer support is available in a number of languages including French, English, Portuguese and Spanish via Live Chat, Email and Facebook page. One can also leave their phone number and request a callback. It is the very first regulated and audited platform out there, guaranteeing controlled and safe financial transactions. The platform runs on a SSL system to ensure secure online trades. The privacy seal by TRUSTe confirms that all data is handled and protected under TRUSTe regulations.
A wide range of options are offered to educate the users ranging from an instruction manual to an amazing video tour explaining the step-by-step operations and ways to use various tools. A remarkable financial team of economists and analysts play the role of advising clients how to attain maximum profits. EmpireOption also offers a free ebook covering the basics of binary options, an interesting blog as well as a comprehensive glossary with important terms. Frequent webinars are organised to educate and assist the users in the trading process.
This broker has a high level of trust and online reputation due to the fact that they are regulated and have reliable security provisions. They adhere to the best data privacy procedures being compliant with TRUSTe, thereby proving to be trustworthy and safe for handling money.
Undoubtedly, EmpireOption is a great platform, which is definitely worth trying because of the broad spectrum of features along with the helpful resources such as eBooks and webinars. The support of the financial team surely cultivates the loyalty of its customers, helping them get the most out of their investments. EmpireOption can perhaps, be the best choice for you if you are looking for professionalism, simplicity and varied features in one broker.