WHY IS EMPIRE OPTION BAD?
It always sucks when one website looks the same than another one. As for Empire Option, it is similar to other brokers in the industry primarily because it is based on the SpotOption platform. A lot of brokers are using this platform basically because it is so easy to use. So there is nothing unique about Empire Option after all. But wait, it’s not like other brokers using SpotOption because it is an independent firm and it is regulated and licensed in Uruguay.
WHY IS EMPIRE OPTION GOOD?
It does not suck because it offers something new to the world of binary options. Yes, it uses the common SpotOption platform but unlike other companies that use it has made sure that it is its own brand and not a copycat. It controls its own company. Based in Uruguay, Empire Option is fully regulated and is regulated under the commerce code of the country. Recently, Empire Option has changed a lot of things on its operations. These changes have uplifted its value amongst binary traders most especially those in the United States. One vital thing that you need to know about is that it takes care of its clients fairly well. It has a reliable system that rewards its traders for creating account balances in their site. These rewards come in free or immediate withdrawal.
A FULL REVIEW ON EMPIRE OPTION
Empire Option was launched in 2010. It is one hundred percent web based making t readily accessible for traders. It uses the Spot Option trading platform. It is indeed a fact that more and more brokers are opening their sites every since web based platforms have been established. This has become a huge problem for white label brokers, but Empire Option is not white label, and it controls its own name. It has to prove its place in the industry.
A majority of Spot Option brokers just have 60 percent controls of their sites because of Spot Option’s cashier system. The advantage of Empire Option is that it has its own cashier and banking services. A lot of brokers has a standard trading platform as their system and make little changes to make it look different, but they are just the same because they use the same platform. They are just copies of successful brokers.
This means that with just one glance at Empire Option, you will realize that it is just another Spot Option broker. This does not sound impressive at all. However, it has its own feel and the changes it has on its site is great. One bright note, it is so easy to use and has amazing payouts and options. Your entire trading experience in the site along with its graphic design are of top quality. Its edge among other spot option brokers is that it has the Spot2 platform. With this platform, it provides a complete asset list. Alongside available expiries, its options, can be considered really good.
EMPIRE OPTION: A SCAM OR NOT?
Based on reviews found in review websites, it is evident that Empire Option is to a scam. It seems legitimate since it’s registered in Uruguay’s WTC Free Zone. Nonetheless, some banking requirements may sounds a bit ”scammy” especially when you plan to withdraw cash or open and account. Smaller withdrawals are advisable when withdrawing maximums and minimums and trading requirements. It needs a small balance of at least 200 dollars and up to 600 dollars. Withdrawals also cost around 30 dollars, and you need to trade at least 25 dollars ten times so that you can be able to withdraw.
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