Forex EMPIRE TRADING Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

EMPIRE TRADING Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website www.empiretrading.net

Balanced Review

Pros & Cons

Pros

Offers a demo account for practice trading
Provides educational resources on various trading strategies
Utilizes the MetaTrader 5 platform for trading
Diverse trading instruments including forex, commodities, indices, and cryptocurrencies
Accessible customer support via multiple channels

Cons

Not regulated by any recognized financial authority
High minimum deposit requirement of 1000 EUR/USD
Lack of transparency regarding trading fees and commissions
Limited range of trading instruments available
Potential risks associated with trading without regulatory oversight

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	EMPIRE TRADING	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does EMPIRE TRADING Offer?

Account Type	Target User Group	Key Characteristics	Applicability Notes
STD Account	Traders seeking a standard trading experience	Standard trading features	Requires minimum deposit of 1000 EUR/USD
ECN Account	Traders preferring direct market access	Direct market access with potential for tighter spreads	Requires minimum deposit of 1000 EUR/USD

Account Opening Process

To open an account with EMPIRE TRADING, potential clients must complete several steps involving the submission of personal, employment, and financial information. Identity verification is required, which includes providing a valid ID and proof of address. Additionally, traders will have the flexibility to upgrade to a professional account in the future if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	N/A	N/A	Spreads may vary
CFDs (Stocks, Indices, Commodities)	N/A	N/A	Spreads may vary
Cryptocurrencies	N/A	N/A	Spreads may vary

Other Fees

Traders should be aware of various fees associated with EMPIRE TRADING, which may include deposit and withdrawal fees, inactivity fees, platform usage fees (if applicable), overnight interest (swap rates), and currency conversion fees. It is advisable for potential clients to inquire directly for specific details regarding these costs.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

EMPIRE TRADING User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

New York, USA

★ ★ ★ ★ ★

I have been trying to withdraw my funds for weeks now, and the customer support is unresponsive. The lack of regulation makes me really nervous about my investment. I do not recommend trading with EMPIRE TRADING.

Sarah Lee

Toronto, Canada

★ ★ ★ ★ ★

I appreciate the MetaTrader 5 platform that EMPIRE TRADING offers. It’s user-friendly, and I found the demo account helpful for practicing my trading strategies. However, the minimum deposit is quite high, which is a downside.

Michael Smith

London, UK

★ ★ ★ ★ ★

My experience with EMPIRE TRADING has been terrible. They claim to offer educational resources, but I found them lacking. Plus, the high minimum deposit is a barrier. I regret choosing this broker.

Emily Chen

Sydney, Australia

★ ★ ★ ★ ★

I’ve had a positive experience with EMPIRE TRADING. The platform is robust, and I love the variety of trading instruments available. Their customer support has been helpful whenever I reached out. Overall, I’m satisfied with my trading experience.

United Kingdom Market