- Over 250 tradable assets
- Excellent financial analysis
- Easy deposit/withdrawals
- Delay in email reply
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EmpireOption is ranked #21 of 74 Binary Options Brokers.
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Everybody knows that the success of binary options trading is largely based on its simplicity. Well, when analysing EmpireOption.com we realized that it is perfectly possible to combine simplicity, professionalism and versatility, since the company provides users with a wide range of assets that can develop multiple strategies. With regular advise available from the company’s team of economists and financial analysts, EmpireOption.com helps you to take your investment strategies to another level, all while maintaining the simplicity of a true binary options platform. Check our Empireoption.com review to see if this is the right platform for you.
Founded in: 2010
Minimum deposit: $100
Minimum investment: $5 in 60 Second trades, $ 25 for standard trades
Maximum amount per option: $1,000
Languages: English, Spanish, French and Portuguese
EmpireOption.com offers an online platform that, in our opinion, has been designed to revolutionize the binary options market, leading this trade to a level of professionalism rarely seen today. Indeed, while this broker offers the possibility of investing in over 250 assets, has been careful to keep the interface’s simplicity that characterizes binary options. EmpireOption.com’s online trading platform is extremely intuitive and friendly, and suited for both new traders and experienced investors.
The EmpireOption.com platform offers the possibility to invest in the assets you prefer which have been divided into four categories: commodities, indices, currencies and stocks. Assets can be selected from a comfortable submenu and then the type of trade can be easily selected. Strategically located in the upper right corner is the information about the time remaining to the expiration of the option. One of the things that impressed us most about EmpireOption.com is the amount of information they include in the platform without being complicated or difficult to understand. We specifically appreciated the live information, such as financial news, trends based on the trader’s movements for the options and a chart with price’s development is offered to guide you to a successful investment.
Empireoption also has great tools that can make your business more successful and profitable. In clearly defined tabs, this broker offers you the opportunity to use tools such as One Touch, Option Builder, Rollover and Double Up. We tested all of them and found equally intuitive to use as the main interface. One Touch for example offers up to 500% profit on your investment, whereas with Option Builder you can customize your options and minimizing risks, as it gives you the opportunity to select from 10 levels of gain/exposure and choose the expiration.
EmpireOption.com offers three account types: bronze, from an initial investment of $300, which provides weekly financial analysis and an basic instructional course; Silver, an account that requires a $2,000 investment, which offers a daily financial analysis, the services of an account executive and intermediate instructional course, and finally gold, from a $10,000 which offers, in addition to the above, the possibility to operate via telephone and a $ 1 minimum withdrawal. However, we were a little disappointed that only silver and gold accounts can access a demo account.
However, we found out that Empireoption offers traders attractive bonus awards for their operations and fidelity, and a great referral program.
Ease of Use
While preparing this review about EmpireOption.com we confirmed the opinion of several traders about simplicity in the registration process, which is extremely easy and fast. We were pleasantly surprised by the fact that in the email confirmation we received during our registration we got a User's Guide, with the basics to start trading binary options. Once registered, we found support and information tools in every corner of the page empireoption.com; from an instruction manual located on the right side of the platform to an excellent video tour that explains step by step how to operate and how to use the various tools.
The deposit process is also quite simple and the operator has several options, such as credit/debit cards, bank transfers, eWallet, Skrill and Neteller.
One of the main advantages of EmpireOption.com over other binary options brokers is that it has an extraordinary financial team consisting of analysts and economists, responsible for advising clients to maximize their profits. This team provides daily financial analysis available at the bottom of the web page, but we honestly think that this information should be placed in a more visible place. EmpireOption.com also offers a free ebook about the basics of binary options as well as an interesting blog and a comprehensive glossary with basic terms you need to manage.
EmpireOption.com offers multiple customer support options, such as email, live chat or telephone counseling. The chat service is extremely efficient. An operator answered almost immediately and was very friendly and professional, always offering more help and information than the required by us. While the phone numbers listed on the website are not free, in our opinion this is not a major problem, because once you contact them the chat operators are available to call us immediately to avoid the costs of international calls.
We should mention that we sent an email to the support department and there was a delay of about eight hours to respond. However, we were informed later by chat that after a client requests technical support for their operations, the team compromises to guide you through the process by providing information and a wealth of supporting material in order to maximize profits. We believe that this service provided by Empireoption far exceeds the traditional customer service provided by other brokers.
We had a great experience when evaluating this broker. The support of the financial team, which from the time of registration is willing to provide advice to operators confirms that EmpireOption.com really wants to cultivate the loyalty of its customers, causing them to get the best return on their investment. If you are looking for simplicity and professionalism in one broker this can definitely be the right choice.