Empire Trading: business overview, reviews of cooperation
Empire Trading: detailed review of broker’s services and opportunities
When it comes to companies with no reviews, doubts arise about their reliability. This is also the case with Empire Trading. This intermediary claims to be an honest broker, providing high-quality trading conditions and assistance in achieving financial success, promising a high level of security.
Analysis of the activities of the parent company Empire Trading
Empire Trading Ltd’s official website states that the company was created by Techsync Management Consultancies LLC, registered in Dubai under number 100561717800003. The broker also claims that Techsync Management Consultancies LLC operates in accordance with the law and is regulated by UAQ (license No. 1861). However, upon verification, it was found that the United Arab Regulator (UAQ) mentioned by the broker does not exist, and financial activities in the UAE are regulated by the Central Bank – CBUAE. There is no information about Empire Trading Ltd and Techsync Management Consultancies LLC in the registries.
Reviews from experienced traders also confirm the absence of the second legitimate regulator in the UAE – DFSA. This indicates that Empire Trading is not authorized for brokerage activities. Traders point out the lack of information about the project’s leaders, which is often characteristic of fraudulent companies.
Registration details and features of the empiretrading.net website
The registration date of the Empire Trading website domain in October 2019 indicates a recent project launch. It is also worth noting that there was a previous company named Empire Trading engaged in real estate sales, whose website was adapted for brokerage activities.
The empiretrading.net website, despite having a multilingual interface, evokes negative emotions due to its inconvenient design and navigation. The presence of only a feedback form, the absence of other communication channels, and the lack of a company overview on the “About Us” page raise serious doubts about the honesty and professionalism of the broker.
Support communication and registration at Empire Trading
The absence of phone numbers, email addresses, online chat, and links to social media pages on the website raises suspicions. Users only have access to a feedback form, which is likely a way to collect personal data. The website’s registration form appears unfinished, leaving many questions.
Trading conditions and accounts at Empire Trading
The broker has set an entry threshold of $1000/€1000, which significantly exceeds market standards. Trading with a leverage of 1:500 is also unacceptably high. There are two types of accounts – Basic and PRO, each with its own features and limitations.
Ex-client reviews and review of the scam scheme at Empire Trading
No reviews of cooperation with Empire Trading have been found yet, emphasizing the recent launch of the project. The company offers a referral program and aggressive advertising to attract new clients, which may indicate the imminent closure of the project.
Summary of the Empire Trading review
Empire Trading is a dubious company that is likely targeting traders for deception. The lack of reviews, discrepancies between the information on the website and reality, insufficient communication with support, and draconian trading conditions are serious signs that cooperation with this company should be avoided.