EmpireOption Minimum Deposit ¦Trusted Binary Broker South Africa

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EmpireOption Minimum Deposit

$200 is the EmpireOption minimum deposit. Now, this might not be the lowest deposit but South African traders will get a fine set of tools and features as well as EmpireOption Micro Account.

Naturally, should the traders want more features and more privileges EmpireOption has more advanced accounts which come with a higher deposit but do offer more opportunities.

Those South African traders who opt for EmpireOption minimum deposit get 8 trades, since $25 is the absolute lowest amount for investing available on EmpireOption.

Traders get the opportunity to start their binary option trading journey though, if they decide to deposit higher sums, those opportunities do become more versatile and they include more benefits too.

For those South African traders who are looking to trade beyond EmpireOption minimum deposit and their Micro Account, several other accounts are available:

Classic Account

  • Waiting Period: 7 working days
  • Cost: 25 USD
  • Maximum withdrawal: 2000 units per month
  • Minimum Withdrawal: 100 units
  • Minimum number of operations: 15
  • Cost of closing account: 50 units

Plus Account

  • Waiting Period: 5 working days
  • Cost: 20 USD
  • Maximum withdrawal: 3500 units per month
  • Minimum Withdrawal: 100 units
  • Minimum number of operations: 10
  • Cost of closing account: 150 units

Preferential Account

  • Waiting Period: 3 working days
  • Cost: 10 USD
  • Maximum withdrawal: 5000 units per month
  • Minimum Withdrawal: 1 units
  • Minimum number of operations: 5
  • Cost of closing account: 500 units

Empire Vip

  • Waiting Period: 1 working day
  • Cost: 0 USD
  • Maximum withdrawal: 40.000 units per month
  • Minimum Withdrawal: 1 units
  • Minimum number of operations: 5
  • Cost of closing account: 3000 units

Whether traders decide upon EmpireOption minimum deposit or a higher deposit, they can do so by opting for: bank wire, credit cards or e-wallet with no additional fees.

EmpireOption Withdrawal

The withdrawal process itself is easy and simple. South African traders must fill out a withdrawal request. After that, EmpireOption withdrawal for registered traders is done by EmpireOption finance department.

In order to make any withdrawals, South African traders will have to provide a valid telephone number as well as identity documents too.

All EmpireOption withdrawals which are over $1000, EmpireOption is within their right to choose by which electronic method shall they credit the funds and the currency which shall be used.

South African traders should also carefully study which rules for EmpireOptions apply for particular account which we have given in minimum deposit paragraph.

First EmpireOption withdrawal each month for Classic Accounts, Plus Accounts, Preferential and Empire Vip is free of charge.

In order to make a withdrawal, traders must conduct a minimum of operations which vary for different accounts (see details under EmpireOption minimum deposit paragraph).

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Additionally, since EmpireOption is very much aware just how important it is to make all personal and financial data safe, they use encrypted transmission of those information using secure socket layer technology (SSL) which provides the maximum security and tries to ensure that all EmpireOption withdrawals are safe.

If South African traders should encounter any problems with withdrawals, they should contact EmpireOption at [email protected]

Is EmpireOption Legit Broker?

It is normal and absolutely expected that South African traders should ask themselves if EmpireOption is a legit broker?

Since this is one of the biggest binary options brokers present on the market, this is a fairly frequent question and many satisfied traders who have been trading with them over the years have confirmed that EmpireOption is a popular broker among numerous traders.

Their success is based on the excellent service they provide which is fortified by numerous tools and features, various accounts they offer, training and educational materials available as well as customer support and clear-cut Terms & Conditions.

Add to this the fact that we have not received any complaints nor have there been any rumors about EmpireOption scam, we are happy to conclude EmpireOption is a broker South African traders can do trading and possibly end up with high profits.

On the other hand, some traders do become concerned when they find out EmpireOption is not registered. This should not worry our South African traders since the explanation is simple and straightforward.

EmpireOption is not registered because their goal is to expand their market not just to Europe and South Africa, but to global proportions.

EmpireOption Login

Conclusion:

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Between 74-89 % of retail investor accounts lose money when trading CFDs

It is not very hard to sign up for a free account with EmpireOption. EmpireOption has only recently been added to the Fair Binary Options recommended broker list. Clearly it is a good thing when a broker remains on our list for some time since it means it has proven to be a good binary options broker without complaints by customers. Fair Binary Options tries to provide information on the best binary options brokers in the business and we feel EmpireOption is one of these. EmpireOption login is pretty fast so it wasn’t a problem for us to test this broker and report all our findings in the EmpireOption review. Since these information provide help to traders as much as they advance our industry trough transparency it is crucial for us to explain the most important features of each broker in detailed article. This is why we are reporting on EmpireOption login in this one.

EmpireOption has been in this business for several years now and they are truly making a difference. Their redesigned website is one of the most modern ones around. The navigation to EmpireOption login is super easy and fast so traders wont spend much time finding the right place to sign up on the website. EmpireOption provide a set of standard features like any other binary options broker and do it extremely well . Their platform is vertically integrated so there is not a thing that one can’t do with a simple EmpireOption login. The login provides access to all the important features such as trading and banking. In this short text we want traders to get a small overview of the EmpireOption login as well as some other features that are required for successful trading binary options.

EmpireOption login will provide traders with an extensive access to a long list of binary options underlying assets one can trade. People will be happy to know that this binary options broker also has a well developed education centre. EmpireOption list of assets enables traders to build an risk resistant portfolio because it enables diversification and risk dispersion. EmpireOption login means access to all of these perks and more. But before one can starting to place trades and withdrawing profits, Empire-login requires a verification of identity according to the strictest anti money laundering laws. Traders need to deliver scans of personal documents to verify their identity. Documents include personal Id with a photo, credit card copy and a copy of a utility bill to confirm the residence.

EmpireOption App

EmpireOption App is a mobile version of their popular binary options trading interface. This means that the online app that is available trough broker’s website is now translated for smartphones for traders who prefer trading on the go. The next era of mobile services is already starting and it is only normal that we are seeing it penetrate binary options trading, like with EmpireOption App. This solution to trade binary options is available trough all the major app stores for mobile. Smartphones and tablets are the next frontier in PC industry and binary options trading is following in order to stay competitive and enable traders to trade binary options anywhere where they can find some kind of mobile internet coverage.

EmpireOption App for Android smartphones is available trough the Google Play store as any other mobile application. It is similar with the application for Apple’s iOS. Traders can go to the Apple AppStore and download the EmpireOption application, log in by using their usual online credentials and trading interface is presented. It is to expect that the EmpireOption App interface will not look like the usual interface because it was adjusted to work more efficiently on smaller screens of smartphones. Traders using the EmpireOption App on their tablets will find it easy to trade even from the web browser, depending on the screen resolution of course. EmpireOption application for mobile ensures that traders use all the perks of mobility in their financial trading.

Binary options made things much simpler than any trading solution that came before. On the back of that revolution came EmpireOption that took it even further with many features that made this broker one of the leaders in binary options trading industry. As the time advances, so does technology. While none came up with a concept that can hold candle to the simplicity of binary options trading, brokers need to keep pace with technology. EmpireOption app for smartphones is one of these advancements brokers need to make sure they offer to their traders. It is estimated by large platform providers that binary options are already being traded via mobile in huge numbers. One of the estimates says the share of mobile is higher than one third.

So it is obvious mobile makes huge portion of binary options, many traders will be using EmpireOption mobile solution to trade binary options. This can really boost one’s trading returns exactly because traders will not be missing trading opportunities because they are not sitting home at their computer.

EmpireOption Binary Options

EmpireOption binary options that include pairs options are really a good way to manage portfolio. With pairs, customers can trade the relative performance of two underlying assets. For this they do not need to know how both assets will perform but just have a clue which one could do better or worse than the other one. This is very similar to currency pairs trading where traders try to understand differences between determinants that drive currency values. With pair binary options offered by EmpireOption, it is possible to do the same with socks or indices. Success with these will depend on sectoral or market insights trader may have.

For traders who like to invest in long periods, EmpireOption binary option with long term expiry times make much sense. Here, traders can structure their portfolios so that they are well diversified and since there is more time they can consider fundamental side of each asset and let it reflect in their trades. Trans strategy can also be used efficiently as do moving average (MA) techniques. With well diversified portfolios traders that see one set of maturities expire, can invest their profits further while the rest of the portfolio continues to work for them. They can also take the profit, but then it is wise to restructure the remaining portfolio.

OneTouch at EmpireOption binary options is the high yield trading solution. While many traders favor classic options, they do not always see the returns as enough. This is why traders can use one touch options at EmpireOption to earn returns higher than 500% over the weekend. This is truly a unique possibility. However, one must be aware that higher return in most cases means higher risk. EmpireOption binary one touch trading works differently than classic option and requires more skills. Traders can use EmpireOption academy to improve their skills. Also, for some trades, EmpireOption offers a 15% insurance. They will return these funds to traders when some trades expire out of the money.

EmpireOption Bonus

EmpireOption Bonus is also one of these great opportunities that are being offered. Traders from around the world can use many trading possibilities offered by this broker in order to gain additional exposure to successful portfolio that will enable them to increase their returns and earn extra cash. Bonus can act as a leverage that increases the number of chances one has when trading, if the trading amount is kept stable.

With EmpireOption bonus, traders get a special boost to their trading account that helps them cushion a blow if one happens. Financial markets are volatile and it is of utmost importance that traders invest with risk in their mind. Best way to protect against the risk is to hedge ones position, either by a trade in a different direction or by ensuring the future stream of trading trough a good capital buffer. These tips will help traders better understand the challenges they can meet when trading binary options. EmpireOption bonus, if used smartly can greatly increase the return of traders.

EmpireOption doesn’t have a clear bonus policy. This binary options broker offers bonuses rather randomly and this is not always a good thing. But even more important than the bonus policy that determines the amount traders can get if they decide to trade with this broker. Other features are scattered trough various account types of EmpireOption that include daily EmpireOption reviews of the market and market analysis, EmpireTV, special promotions that add better possibilities to the platform, economic calendar, best strategist advice, market signals, market simulator and more. All these features are excellent companion to the EmpireOption bonus which can reach huge amounts, depending on the deposited amount. EmpireOption bonus is in principle unlimited, meaning that traders can be sure this broker will try to match their deposit with a percentage of it awarded as a bonus to increase the leverage as described.

In addition to the bonus policy, one must think of bonus terms and conditions. These small rules ensure Empire bonus is awarded only to customers who are serious about trading and it is not in their interest to take the bonus after it is awarded. This is pretty clear since the policy states that bonus cannot be withdrawn until the amount has been traded 30 times. This means that if the bonus awarded is $100, trader must make this turnover in order to withdraw the bonus.

EmpireOption Demo Account

EmpireOption does not offer a demo account to its customers, even not those who deposit. While having a demo account can be beneficial to many customers s it allows to try out the platform, the fact is that a overall convergence of the ways binary options platforms look and operate has significantly reduced the need to test them before trading. All binary options platforms are provided by a few huge companies who design their core functionality. Some brokers managed to design proprietary platforms, but the fact that one can try them in the browser by clicking at the presented interfaces for demonstration also reduces the need for testing. Binary options are the easiest investment opportunity that can be run from the browser and only require few small steps to place a trade. When seen in this light it is easy to understand why education and understanding finance will bring more chances of success in trading binary options.

Beginners will not profit from the demo account so much and experienced traders already trade for profit and not for fun. In the end the usability of a demo account will depend on traders preferences, but in a world where it is very easy to gain access to trading and newest news from the finance it is nothing unusual to discard these kind of offers in order to focus on higher order features such as financial trading education. Traders need knowledge of financial analysis comprising of a financial simulator that is close to the demo functionality, videos on demand, training sessions, e-book, webinars and EmpireOption also offers signals.

Signals with EmpireOption are a great way to circumvent the fact there is no EmpireOption demo account. Traders will be happy to know they don’t even have to leverage the power of knowledge to boost their profits -they can use signals instead of practicing on a EmpireOption demo account. Signals are trading tips by professionals who have much more experience. By following these convenient trading supports one can significantly improve success rate. It is not only that traders can implement signals with EmpireOption, they can watch the logic behind these and see the smart trading style in action. This is also a way to learn best strategies and their application.

With bonus this broker offers, one will see that virtual funds that may have been part of the EmpireOption demo account aren’t that important since bonus is almost the same thing, but since there is more skin in the game, because profits are real, traders will have full on trading experience including all the known psychological factors known to behavioral financial experts. While EmpireOption demo account is not offered, we believe this broker offers even better alternatives.

What payment method to use with EmpireOption?

When trading with EmpireOption traders can choose between a variety of banking methods provided by the broker. Users can opt for a method that suits them best, whether traditional or more modern as this broker offers payment via Visa, MasterCard, Amex, bank wire, Skrill, Moneybookers, Neteller, and Maestro. There are three currencies to choose from: GBP, USD or EUR.
EmpireOption doesn’t charge any additional fees during depositing process, but there are some costs regarding withdrawals, depending on the account chosen:

• Micro account: $30 fee
• Classic account: $25 fee
• Plus account: $20 fee
• Preferential account: $10 fee
• Empire VIP account: no fee

Traders with Classic accounts, Plus accounts, Preferential accounts and Empire VIP account get first monthly withdrawal completely free of charge. These rates apply no matter the method used. In binary industry, it is common for brokers to prefer the same method for depositing and withdrawing funds, but there is an exception when it comes to EmpireOption. If a trader wants to withdraw a sum over $1000, the broker can decide which method will be used for money transfer, as well as the currency in which transaction will be made.

EmpireOption 200$ Minimum Deposit

EmpireOption enables traders to join binary options fever with a minimum deposit of just $200. This may not be the lowest deposit amount, but still is usual average in the binary options industry. Minimum deposit opens the door to Micro Account, but if traders want to experience more features and privileges they should opt for more advanced (and more expensive) accounts that enable additional features.
Traders who decide to place only minimum deposit can count on 8 trades as $25 is the lowest minimum investment available with EmpireOptions. This ratio gives traders the opportunity to try out the binary options trading, but higher deposit brings more versatility and more benefits.

In order to maximize their profit traders can choose high yield options (OneTouch, in this case) and earn up to 500% on their initial investment. When traded this way, the minimal deposit can be very profitable as well.
When it comes to making a deposit, traders can do so by choosing one of many banking methods available: credit cards, e-wallet or bank wire. The good news is that there are no additional fees on making a deposit, and the minimum are valid no matter the banking method chosen.

EmpireOption Broker Review

EmpireOption offers promotional deals to its clients, although there are strict trading limits imposed on any withdrawal of profits. Its software is cutting edge and intuitive to use, even by novices, and there is excellent customer service support which is available through a range of methods including live chat. Clients who speak languages other than English will be pleased with the available multilingual provision by both telephone and email. Although this broker claims to offer more than 100 different assets for trading, there is no exact information about the precise assets on offer on their website.

Review Overview

Bonuses – 70%
Software – 90%
Customer Support – 85%
Options Choice – 60%

Good quality broker

Summary : Trusted broker

Intro

EmpireOption is a popular broker, especially in South America. Offering a good range of educational options and handy tools to allow clients to make the most of their trading experience, this broker also offers several account types to cater for the needs of both new and advanced investors alike. Using cutting edge software and mobile technology, EmpireOption also offer informative daily trading tips to help clients to make informed trading decisions.

Company Information

EmpireOption is part of the Lubona Enterprises Ltd brand and was established in 2020. Although this broker does not accept clients from the United States, it is open to investors around the rest of the world. It is the most popular broker in South America and is heavily geared towards this market. Although this broker is not licensed or regulated by any recognised authority, it does offer SSL encryption protection for all financial transactions.

Assets Available

EmpireOption offers assets across all of the main categories including currencies, commodities, indices and stocks, however there is no clear listing available on their website to show the number of assets of each class available to trade with. This broker does claim to have over 100 assets for investment.

Bonuses & VIP Programs

Although EmpireOption does claim to offer bonuses to its clients, there is no precise information on their homepage to confirm the amount or type of bonus available. Clients must request bonuses from the customer support team as they are not automatically credited to the client’s account, and in order to withdraw any profits, the client must trade 30 times their original deposit amount. EmpireOptions also offers secure trades as part of their promotional programme. VIP clients can benefit from their own dedicated account type which offers a number of special perks including 1 day withdrawals, one to one training and full access to tradebooks and seminars.

Mobile

As well as offering a convenient 100% web based trading interface which does not require the client to download or install any memory intensive programmes or software, but which enables them to quickly access their trading interface from any internet enabled device, EmpireOptions also has its own proprietary mobile app. This app can be downloaded from the broker’s website or from the Google Play Store or Apple Store and are suitable for use on either an Android smartphone or tablet or an iPhone or iPad. These apps give complete access to the client’s trading account with full ability to execute trades on the move as well as to enjoy all of the functions of the desktop platform.

Deposits and Withdrawals

EmpireOption offers both traditional and modern payment options for facilitating deposits and withdrawals. These include:

The minimum deposit which can be paid into the EmpireOption Micro account is $200. The terms and conditions relating to withdrawals of profits depends on the account type held:

Micro account – 10 day processing time with minimum withdrawals of 200 units and maximum withdrawals of 500 units per month. There is a fee of $30 per withdrawal and the minimum number of operations is 20.

Classic Account – 7 day processing time with minimum withdrawals of 100 units and maximum withdrawals of 2000 units per month. There is a $25 fee per withdrawal and the minimum number of operations is 15. It costs 50 units to close this account.

Plus Account – 5 day processing time with minimum withdrawals of 100 units and maximum withdrawals of 3500 units per month. There is a $20 fee per withdrawal and the minimum number of operations is 10. It costs 150 units to close this account.

Preferential Account – 3 day processing time with minimum withdrawals of 1 unit and maximum withdrawals of 5000 units per month. There is a $10 fee per withdrawal and the minimum number of operations is 5. The cost of closing this account is 500 units.

Empire VIP Account – 1 day processing time with minimum withdrawals of 1 unit and maximum withdrawals of 40,000 units per month. There is no fee for any withdrawal and the minimum number of operations is 5. It costs 3000 units to close this account.

For Classic account upwards, the first time you withdraw funds each month you will pay no fee.

Customer Support

EmpireOption has an impressive customer support system offered in many languages. There are several contact methods including:

  • Live Chat
  • Email
  • Telephone helplines

This broker’s website is available in 6 languages for the benefit of their various customers and email support is also supplied in these languages. These include:

There are telephone helplines based in the following countries:

Extra Features and Resources

EmpireOption has some helpful educational resources designed to assist its clients in learning more about binary options trading. There are seminars, tradebooks and videos as well as one to one training classes exclusive financial signals and an exclusive trading simulator. EmpireOption also has a forum of social trading on its website, allowing traders to copy the trades of more experienced and skilled professional investors.

Verdict

EmpireOption has many positives to recommend it, however there are some negative points to consider too:

  • Cutting edge trading software that is suitable for use by both experienced and novice traders
  • 100% online trading interface requiring no installations or downloads
  • Mobile trading app for both Android and iOS devices
  • Instant customer support via the live chat facility
  • Multilingual email support
  • Numerous telephone helplines around the world
  • Personal manager for all clients except Mini account holders
  • Multilingual website
  • VIP platinum account for high volume traders
  • Free educational resources for clients at all levels of experience including videos, tradebooks and seminars
  • Choice of several account types to suit the needs of all investors
  • Strong SSL encryption across the website
  • Excellent choice of deposit and withdrawal methods including e-Wallets
  • Social trading forum
  • Not regulated or licensed by any recognised authority
  • Not accessible to US traders
  • No frequently asked questions section to address rapid queries
  • No option to open a free demonstration account

Is EmpireOption a good choice for new traders?

If you are new to binary options trading, EmpireOption is a good choice for you. Their Mini account is designed to accommodate the needs of brand new investors and requires only a small minimum deposit of $200 to limit risk. This account is useful for finding your feet in the financial markets before progressing to a more advanced account level. As there are also plenty of free educational resources, you can also learn more about the basics of trading when you choose this broker.

What types of options can be traded through EmpireOption?

This broker offers 5 different option products including:

  • 60 second options
  • Pairs
  • Long Term Options
  • Short Term Options
  • One Touch Options

EmpireOption also enables social trading so that clients can follow the trades of the most talented and experienced investors to maximise their profits.

Can I trade with EmpireOption using my mobile device?

EmpireOption have catered for the increasing numbers of clients who prefer to execute trades and check their positions while on the move from mobile devices. As well as offering an entirely web based trading interface which requires no downloads or installation for convenient access from devices other than PCs, this broker has also developed an iOS and an Android trading app which can be downloaded free of charge from the broker’s website.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Binary Options Broker 2020!
    Best For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-Up Bonus Now:

  • BINOMO
    BINOMO

    Only For Experienced Traders.

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