EmpireOption is at this moment one of the best performing binary options brokers on the market. The company behind the broker has been in the business for many years now meaning that it knows what kind of services traders like the most.
The broker also offers very attractive bonuses to new traders who register though OptionsAdvice.com. Check out our detailed EmpireOption review below in order to find out what you’ll have to do in order to receive your free money deposit bonus from this binary options broker.
Platform and Software
EmpireOption uses the binary options trading software developed by renowned technology developer SpotOption. The platform employed by the broker is one of the most modern platforms by today’s standards. It’s basically a blend of professionalism and elegancy that was designed with the intention of satisfying the needs of both old and new traders alike.
In our experience, the platform performs without any bugs and glitches. There re also no delays regarding processing orders, meaning that you won’t be missing out a huge opportunity by the platform not responding and not placing an order in time. The software platform can also be tested out though demo trading mode that will allow traders to execute real trades without having to invest real money.
The great thing about the platform used by the broker is the fact that it can make pretty accurate predictions itself regarding the outcome of certain options. On the left side of the interface on which an option is displayed, the system will advise the player regarding what choice is most likely to come true when an option expires. This greatly helps traders make accurate decisions and as such more money.
Types of Options Available
The broker provides a multitude of option types to traders. The most basic types of options available at the broker are high/low options. High/low options are the option types that offer the best winning chances because they are the ones that can be predicted the best. This is why they are mostly recommended to newcomers.
EmpireOption offers one touch options as well, which are a bit more difficult to predict than high/low options but they usually pay put much more than usual. Traders may also choose to trade 60 seconds options which are options that expire after only 60 seconds, allowing traders to generate a lot of money in a very short time.
The broker however also provides a unique feature that is the Options Builder. The options builder feature allows traders to create their own binary options by choosing the desired asset, deciding the expiry date and as such the riskiness and potential payout of the respective option.
EmpireOption also offers a very large number of assets that are well spread out regionally. Below you’ll find the complete list of assets that are being offered by EmpireOption:
Stocks: Apple. Nike, Gazprom, BP, Google, Lukoil, Sberbank, Coca Cola, HSBC Holding, Rolls Royce, BAE System, Reuters, Tata Motors, Turkcell.
Currencies: EUR/USD, GBP/USD, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/BRL, USD/RUB, USD/EGP, AUD/USD, USD/ZAR.
Commodities: Oil, Platinum, Silver and Gold.
Indices: Dow Jones, S&P 500, Nasdaq, Dax, CAC, FTSE, ISE 30, MICEX 10, RTS, MSM 30, TADWUL, EGX 30, DSM 20, Dubai, Bombay SE, Kuwait, Hang Seng, SSE180, S&P Future, Nasdaq Future, Straits Times, KL Future.
Payouts and Rebates
EmpireOption offers payout rates of around 85%. This is a mid to high payout rate in the binary options business. One touch options may however offer payout rates as high as 500%. While there are many brokers out there who offer much worse payout rates, there are also some who offer higher (standard, i.e. one touch excluded) payout rates than EmpireOption. This is one of the shortcomings of the broker that have to be mentioned to potential traders.
However, the broker compensates this by offering rebates as well. At EmpireOption, traders have the possibility to recover about 10% to 15% of the money they lost on binary options that expired out of the money. Combined with the payout rates offered traders will only have to achieve a success rate of around 50% to 60% in order to generate profits.
Bonuses and Promotions
EmpireOption offers special bonuses to traders who register using the signup link provided by OptionsAdvice.com. Traders may receive a deposit bonus of 50% of the first deposit if they deposit a sum of at least $200. In case they deposit $300 and higher, they will be awarded with a bonus of 100% of the deposit.
In case someone deposits $1,000, he or she will receive another $1,000 added by the broker into his or her account. The bonus is only awarded to traders for trading purposes but all profits generated with the free bonus can be withdrawn at any moment without any restrictions. The bonus itself can also be withdrawn after a certain volume of trades has been carried out.
Deposits and Withdrawals
Traders can make deposits at EmpireOption using various tools such as Visa, MasterCard, Maestro, Diners Club, BBVA, Moneybookers, Payza, Netteller, PayPal and wire transfer. Deposits will be credited into traders’ accounts instantaneously without the charging of any fees. Traders will have to deposit at least $100 or EUR 100 in order to trade.
Withdrawals can take between 2 to 7 days at EmpireOption. The broker is bound by the law to verify every withdrawal before processing it, hence the delay in payments. However, a withdrawal will never take longer than 7 days and is always horned by the broker.
EmpireOption is a solid binary options broker offering a large number of assets as well as option types. The broker offers medium to high payouts in regards to its high/low options but may offer payouts as high as 500% in case of one touch and 60 seconds options.
As said in this EmpireOption review, traders registering though OptionsAdvice.com will have the opportunity to receive a first deposit bonus of as high s 100%. In order to be able to get the bonus you need to sign up using this link that will tell the broker that you were sent by us. In order to do so you must register using the red “SignUp” link above. The link contains a cookie that will tell the broker’s trading software that you’re allowed to receive the bonus.