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/10

EMPIRE TRADING

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.empiretrading.net/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

EmpireTrading-Live

United Kingdom
MT5
2

Influence

D

Influence index NO.1

United States 2.52

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EmpireTrading-Live MT5
Server Location United Kingdom

Influence

Influence

D

Influence index NO.1

United States 2.52

Surpassed 57.02% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

https://www.empiretrading.net/
Al Shmookh Building, P.O. Box 7073, Dubai - United Arab Emirates and in London, 7 Bell Yard, WC2A 2JR - United Kingdom
https://twitter.com/EmpireTrading5?s=09

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

EMPIRE TRADING LTD

Company Abbreviation

EMPIRE TRADING

Platform registered country and region

United Kingdom

Company website
Twitter

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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EMPIRE TRADING · Company Summary

GENERAL INFORMATION

Empire Trading presents itself as a UK-registered forex broker providing a series of product and a superior trading experience. They support the MetaTrader5 platform and the trading conditions seem attractive.

Exciting as Empire Tradings offer might sound, be aware that they lack the most important thing in the online trading world – sound financial regulation. So, if you are still considering whether to deposit your funds with them, do read the following lines.

Make sure to stay away from Empire Trading this brokerage claims to be licensed by a non-existent authority in the UAE, so theyre clearly fraudsters. Oftentimes such brokers disappear without notice with your money, leaving you wondering how to restore your lost funds.

ACCOUNT AND LEVERAGE

Although we couldn't find the available option for account on offered by the broker, But

Clients of Empire trading are offered leverage of up to 1:500, which will suit even the most aggressive trading strategies. Yet, given the brokers low level of credibility, we would better suggest that you pick up a more reliable trading partner from our list of brokers offering at least 1:500 in leverage here at WikiFX.

Also Empire Trading says that the typical EUR/USD spread is just 0.1 pips, and through a demo account as acknowledged. However, such spread is really too good to be true, so we would better suggest that you take a look at the real-time spreads of some top-tier forex brokerages instead.

TRADING INSTRUMENTS

Available asset for trading at Empire Trading includes: forex, indices, commodities, shares, futures, cryptocurrencies.

TRADING PLATFORM

Empire Trading uses MetaQuotes‘ latest platform, the MetaTrader5 (MT5). This is probably the best forex trading software nowadays, yet given this broker’s zero credibility,

The MT5 is a reliable and technologically advanced trading platform. It has intuitive trading interface, top-notch charting with useful market analysis tools, and supports automated trading via Expert Advisors (EAs). On top of that, the MT5 allows trading in exchange-traded financial instruments and derivatives from one and the same account.

DEPOSIT AND WITHDRAWAL METHOD

The minimum investment required by Empire Trading is pretty high – $1000. Many well-regulated brokers who have earned themselves a solid reputation require less.

Empire Trading uses bank wire and various cryptocurrencies as payment methods. The absence of card payments is noticeable, but not surprising major card providers VISA and MasterCard have an anti-scam policy and allow traders to file for a charge back within 540 days after making the deposit.

CUSTOMER SERVICE

Customer support is very limited at Empire trading. The only options you have available to you is to send the team an email, or to raise a support ticket. Whichever option you go for, response times can be extremely slow. As such, if your account query is of an urgent nature, youll need to wait for the team to message you back.

• No phone support

• No live chat

• No social media support

User Reviews

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User comment

3

Comments

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Dicentory
more than one year
They're quick and professional. Their spreads are tight, execution's solid, and I haven't had any complaints so far. Made a few withdrawals, all smooth sailing. Profits may not be huge, but hey, it's been smooth sailing.
2024-02-07 16:35
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0
0
FX1345133083
more than one year
Trading with Empire trading is not a good trading experience. Through its STP account, what I received was constant losses. This terrible broker has made me lose my confidence. I hate this broker for too much manipulation, unprofessionalism, terrible trading environment. I hope more people will be wary of this broker.
2023-03-20 18:01
Reply
0
0
Esmail Yusuf
more than one year
hello wikiFX manager I want thanks your for the way I like your this platform I will send you for all that you be in this platform thanks your sir
2022-12-07 18:48
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0
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