Is Empiresx a Legitimate or Scam Broker? Find out!
Empiresx is a broker that claims it offers futures, options, stocks, cryptocurrency and other trading products. Clients are required to pay for the services of a robot that communicates with the broker. This is odd, and raises the question of why can’t the client work with the broker or the bot could trade directly. Why do clients need to pay a $400 year fee to use a robot to replace broker services, when there is a broker? This is the first question we noticed.
What Is the Issue with Empiresx ? Read the Following:
In addition to the expensive and robot service, Empiresx requires a high minimum deposit of $500, guarantees an unrealistic 1% a day and asks for a withdrawal fee. All accounts are funded with cryptocurrency, which is the sign of a shady broker. If they accept only crypto as a payment option, the broker obviously wants to remain anonymous. There are many red flags with Empirex.
Is Empiresx a Scam Broker? Here Are Some Red Flags
- Not regulated
- Unrealistic promises of returns
- Requires clients to trade through an expensive robot
- High minimums
- Accepts only cryptocurrencies to fund account
- Lack of transparency
- Bad reviews
If You Have an Account with Empiresx Broker
Close your account and ask for your money back. If you can’t get a withdrawal contact ReportScamOnline experts right away. We will consult with you and will guide you on the road to fund recovery. The ReportScamOnline team has combined decades of experience dealing with hundreds of financial institutions.