Beware! Empire Swiss is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


If you are currently considering depositing with Empire Swiss, read the following review carefully. This broker does not have a lot to offer and in case you are looking for safety and reliability, it actually has nothing to offer you. Keep reading to find out more.

Empire Swiss Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Empire Swiss
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Empire Swiss did not provide any sort of proof that it is regulated by a financial regulatory body. In fact, the broker would not even say where it is based and did not provide a registered address. However, when we checked out the Terms and Conditions, we understood that Empire Swiss is actually based in St. Vincent and the Grenadines – a favorite location for scam brokers. Since the local financial regulator does not formally regulate forex brokers and does not impose any laws in the sphere of trading, many scammers have chosen this particular country as the base for their activities.

Regulated brokers are a much safer option because they have to meet many conditions before they can start offering services. EU brokers, for example, have to maintain a minimum capital of EUR 730 000 to prove their financial stability and long-term approach. They also have to keep client funds in segregated bank accounts which proves that they would not be able to use your funds for their own purposes, and have to provide negative balance protection. This means you can never lose more money than you have in your account at the time.

Empire Swiss Trading Software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Empire Swiss platform
MT430+ indicatorsAndroid
MT550+ indicatorsAndroid
cTrader40+ indicatorsAndroid and iOS

The trading platform Empire Swiss offered was all but impressive. The very look and feel of the software were cheap but that was far from its only problem. What is more worrisome is that the platform offered very few tools and features you could use a very lacking charting and analysis package, and an overall poor trading experience.

Instead of wasting time trading on such poor-quality platforms, check out brokers that offer leading platforms like MetaTrader 4 or MetaTrader 5. There is a good reason why both of these platforms have been setting the standard for what good trading software should look like for so long – they are intuitive and accessible but also offer a great variety of indicators, timeframes, chart types, and an abundance of additional features. You could use preprogrammed Expert Advisors to track markets and trade automatically, develop your own trading bots and indicators, set signals for prices going up or down or subscribe to those set by other traders, employ a Strategy Tester, and much more.

Empire Swiss Trading instruments

Empire Swiss

Empire Swiss offers access to the most popular markets. With this broker, you would be able to trade forex, commodities, shares, indices, crypto, and NFTs. This is the same package most established brokerages offer.

Empire Swiss Spreads and cost of trading

Spread EURUSD1.11.711.1
Spread GBPUSD1.
Spread USDJPY1.

The spreads Empire Swiss offers are close to what can be called standard for the industry. These are the same spreads that some very reputable, safe brokers can offer so do not be tempted to invest with these scammers.

Empire Swiss Maximum leverage

Empire Swiss100:120:110:1100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

Empire Swiss offers maximum leverage of 1:100 on forex majors, 1:20 on stocks, and 1:10 on all other instruments. Offshore brokers are free to offer any leverage they see fit which is why it is up to you to be careful with your own leverage settings. Trading with high leverage can result in bigger profits and bigger losses alike but for inexperienced new traders, the latter is much more likely. Always trade with leverage you are sure you can handle.

Empire Swiss Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Credit card

Empire Swiss only seems to accept credit card deposits which is great news for you. Both Visa and MasterCard allow chargebacks within 540 days of the transaction so if you have already deposited with this fraudulent broker, you might still have the chance of getting your money back.

Empire Swiss Minimum deposit

Minimum deposit$500$5$10$5

Empire Swiss allows you to deposit any amount higher than $250 but generally asks for a minimum deposit of $500 in order to open a trading account. This is actually quite a lot – many legitimate brokers would ask for no more than $100.

Empire Swiss Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Empire Swiss/ offshore brokers25x(bonus+deposit)Not specified$100
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Empire Swiss allows you to withdraw any amount above $100. However, this would not be the case if you have received a bonus.

If you have accepted the broker’s promotions, you would have to reach a turnover of 25 times plus the bonus in order to withdraw any money, including your own profits and deposits. This is ridiculous – no legitimate broker would ever deny you access to your own money in such a manner.

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