EMPIRE-TRADE has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from EMPIRE-TRADE was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over a year of being strung along.
Pros: Fast execution|Demo account available|High security standards
Cons: Withdrawal takes 1-2 business days
After doing some research AFTER the fact (I know, I should have done this first), I discovered that EMPIRE-TRADE is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
EMPIRE-TRADE has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular updates|Fast execution|No hidden fees
Cons: Slow to add new assets
The mobile app from EMPIRE-TRADE is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Regular platform improvements|Good mobile app|Personal attention|Multi-device support
Cons: Search feature is basic
My card was charged twice by EMPIRE-TRADE on the same day. I had to dispute it with my bank. EMPIRE-TRADE then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: API access|Competitive fees|Detailed reporting|Customizable dashboard
Cons: No integrated tax optimization
Several red flags with EMPIRE-TRADE: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
I closed a profitable position at EMPIRE-TRADE and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Regular updates|Customizable dashboard
Cons: Search feature is basic|Minimum deposit could be lower
I looked into EMPIRE-TRADE and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
I joined EMPIRE-TRADE through my accountant's suggestion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: No hidden fees|Dedicated account manager
Cons: Account statements could be more detailed|Slow to add new assets
What really bothers me about EMPIRE-TRADE is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.
Pros: Social trading features|Easy withdrawals|Demo account available
Cons: Could offer more webinars