EMPIRE TRADING

EMPIRE TRADING is a broker registered in the United Kingdom, established on 25 November 2019. The company lists a registered address in Dubai, United Arab Emirates, and a London address at 7 Bell Yard, WC2A 2JR. Information about the broker's operational history and corporate structure remains limited, with no regulatory oversight from any recognised financial authority.

The broker presents itself as a provider of trading services focused on stocks, but also offers a range of instruments including forex, commodities, indices, cryptocurrencies, and futures. Its presence is primarily online, with a website and a Twitter/X account.

A critical factor for traders is that EMPIRE TRADING operates with no regulation from any financial regulator. The absence of oversight means there are no external checks on the broker's financial practices or client fund protection mechanisms. This is a significant drawback for risk-averse traders.

Without a regulatory licence, traders have no recourse to compensation schemes or dispute resolution services typically provided by regulated brokers. The broker's registration in the UK does not imply authorisation by the Financial Conduct Authority (FCA).

EMPIRE TRADING offers two account types: ECN and STP. Both require a minimum deposit of 1,000 EUR/USD and offer a maximum leverage of 1:500. The ECN account is typically associated with direct market access and raw spreads, while the STP account routes orders directly to liquidity providers. The broker claims tight spreads from 0.1 pips on EUR/USD.

The high leverage of 1:500 is common among unregulated brokers and carries substantial risk, as it amplifies both profits and losses. The minimum deposit of 1,000 EUR/USD is relatively high, potentially excluding smaller retail traders.

The broker states it provides 60 forex pairs, covering major, minor, and exotic currencies. Additionally, it offers 10 commodities, 12 indices, cryptocurrencies, and futures. This range allows for some diversification but is moderate compared to larger brokers.

The inclusion of cryptocurrencies and futures adds to the product mix, but the depth of liquidity and execution quality is unknown given the lack of regulation and independent reviews.

EMPIRE TRADING appears to target traders who are comfortable with high leverage and are willing to forgo regulatory protection. The emphasis on education and community (live voice trading, daily watch-lists) suggests a focus on less experienced traders who may be attracted by the promise of guidance.

Given the lack of regulation and limited public information, the broker is not suitable for conservative investors or those prioritising security. It may appeal to high-risk-tolerant traders seeking high leverage and access to multiple asset classes.