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Broker Website – empiretrading.net
Address – United Kingdom
Regulated By – None
Warned By – Commissione Nazionale per le Società e la Borsa (CONSOB)
Read this Empire Trading LLC review to know more about this broker.
Introduction To Empire Trading LLC
Techsync Management Consultancies LLC owns Empire Trading LLC, and they claim, it is incorporated and registered in Umm Al Quwain, UAE. It claims to have registration no 100561717800003 and has a registered office at Al Shmookh Building, P.O. Box 7073, United Arab Emirates.
Empire Trading they claim has been built by people who have 20+ years of experience in the financial markets and top-level brokerage firms operating in London. The knowledge, understanding, and experience of their management team are simply exceptional. It is for this reason Empire Trading delivers you a superior trading experience and a perfect product.
It has two account types STP and ECN. Account currency is Euro and US dollar. The minimum deposit is 1000 EUR /USD that is a red flag. Max leverage is 1:500. Commission for STP is zero but for ECN it is 4 Euro/lot. For STP max volume per trade is 20 lots whereas for ECN it is 50 lots.
Trading instruments offered by Empire Trading are 60 Forex pairs (EUR/USD, GBP/USD, USD/JPY, etc.). 12 Index (US30, EU50, UK100, USTEC, etc.). 10 Commodities (Brent, Cotton, raw sugar, WTI, copper, gas, coffee, etc.). Cryptocurrencies (BTC/USD, ETH/USD, LTC/USD, etc.). Futures (DJ30, EUR50, FRA40, UK100, US500, sugar, cotton, soybean, wheat, etc.). Shares (Adidas, Apple, Boeing, Bayer, BMW, Daimler, Facebook, IBM, Intel, etc.)
Empire Trading Scam
CONSOB has blacked out abusive websites by the power it derives from the “Growth Decree”. It instructs or orders the internet service providers to prevent access to and from Italy, those websites that offer financial services that are not authorized. In this line, it has ordered banning websites www.empiretrading.net and its related page https://live.empiretrading.net. This website is blacked out for fraudulent dealings.
Consob draws investors’ concern to the seriousness of adopting the greatest alertness to safeguard their savings, adopt common sense behaviors, and make informed investment decisions. These include a variety of websites that offer financial services to the general public. Check-in advance that the company, with whom investors are investing, is authorized for offering financial products or not. Also, check if the company’s name has been published in the authorized list.
Consob, on its website namely www.consob.it contains a section on the homepage, “Watch for Scams” which provides valuable evidence and data to caution investors against financially fraudulent companies. You can also read useful articles about scam broker 2022 on our website. Read the reviews before deciding to invest, because it is very problematic to pull through your money from scammers.
One of the commentator’s views is, “This Company is nothing but a scam. These people are complete scum and I frankly hope that one day they will get what is imminent to them. I got a ticket out and a settlement via funds advocates”.
Other commentators wrote, “I have seen quite a few negative reviews here and they were deleted every time within a few hours, my comment will be deleted as well. Review writing services are helping these scammers. Please report Empire Trading scam to the appropriate authorities”.
One more commentator wrote, “I was about to invest through Empire Trading, I went through reviews and came to know that it is a fraudulent website. Thank God, I saved my lifetime earnings”.
Do Not Get Scammed
There are many stories of how people were scammed by Empire Trading scam. Be alert and be vigilant before trading and investing your hard-earned money. Carefully review the forex company from different sources and read reviews before investing.
If you already get victimized by such a scam broker, get a free consultation from the experts of Fraud Reports Online and file a complaint against the scam.
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