Empire FxPlus

Empire FxPlus is a forex and CFD broker registered in the United Kingdom, with a registered address at 55 Whitechapel High Street, London E1 7QX. The company was founded on 29 September 2022, making it a relatively new entrant to the online trading industry.

According to its official website (empirefxplus.com), the broker positions itself as a provider of leveraged trading services. However, independent public information about the company is limited, and the broker does not hold any known regulatory licences.

As of our review date, Empire FxPlus does not appear on any regulator's register as an authorised financial services provider. The firm is registered as a company in the United Kingdom, but this registration does not grant it the right to offer regulated financial services.

The absence of a regulatory licence is a significant factor for traders to consider. Unregulated brokers do not fall under the oversight of financial authorities, meaning there is no independent mechanism for dispute resolution or investor protection. Traders should exercise extreme caution when considering an account with this broker.

Empire FxPlus offers six live account tiers, each with different minimum deposit requirements and maximum leverage levels. The entry-level account is Starter, requiring a minimum deposit of $500 and offering leverage up to 1:300. The Basic account requires $3,000 and also provides leverage up to 1:500.

Higher-tier accounts include Silver ($20,000 min, leverage up to 1:1000), Gold ($50,000 min, leverage up to 1:5000), and Platinum ($100,000 min, leverage up to 1:5000). The highest leverage of 1:5000 is available only on the Gold and Platinum accounts. Such high leverage can amplify both potential profits and losses, making these accounts suitable only for experienced and well-capitalised traders.

The broker’s website does not provide a clear list of available trading instruments. Based on the nature of its account offerings, it likely provides access to forex currency pairs, commodities, indices, and possibly cryptocurrencies, but this information has not been confirmed independently.

Traders interested in specific asset classes should contact the broker directly for details. The lack of transparency around available instruments is another area of concern for potential clients.

The minimum deposit thresholds vary by account type, ranging from $500 for the Starter account up to $100,000 for the Platinum account. Information about deposit methods, withdrawal procedures, and any associated fees is not readily available on the broker’s public website.

Prospective clients should verify payment options directly with the broker before committing funds. The absence of clear terms regarding deposits and withdrawals adds to the overall uncertainty surrounding this broker.

Empire FxPlus appears to target a wide range of traders, from beginners with a modest starting capital to high-net-worth individuals. The tiered account structure allows traders to choose a plan that matches their deposit capacity and risk appetite.

However, given the lack of regulation and the very high leverage options, this broker is likely most attractive to risk-tolerant traders who are prepared for the potential of significant losses. Conservative investors and those seeking a regulated environment should look elsewhere.