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Empire Swiss account types review: “To become the best broker for day trading”

Empire Swiss account types Johannes Röll Visitors: 28

Conservative experts consider day trading a risky one, though they confirm that higher risk may bring higher returns. Adequate market knowledge and having a trading plan are the must, but the choice of the right broker is even more important in this case. Is forex broker Empire Swiss a good match for day trading? Is the platform fast enough to make Empire Swiss the best broker for scalping? Let’s see what the company offers.

First thing we need to know is what are Empire Swiss account types. Affordable conditions is the thing we need to start our journey to higher profits. Empire Swiss website contains detailed description of the company’s account types. The minimal deposit size varies from EUR100 to EUR200,000 for Beginner and Gold accounts, respectively.

The bigger deposit – the bigger set of available markets and options, which is quite obvious. But personal account manager services and Get Started stage to learn and to train are available for all 5 types of accounts. Empire Swiss also has fixed/floating spreads for all accounts.

Empire Swiss trading platform is powered by MetaTrader platform, which is really effective and known for its flexibility and the wide specter of technical analysis options. Analysis is the key to successful day trading, or at least one of the keys, so it would be good to train using the analytical tools, provided by the company, before we start. Even the Beginner’s account has 25 main tools, which is absolutely not bad. Not every broker in the market can offer this for EUR100, you know.

There is also a set of education materials and online webinars held by the company, which can help you to improve your trading strategy. In addition, there are also calendar and news section built in, which could be especially useful when you don’t want to miss anything related to the markets. According to our first impression, claimed Empire Swiss platform functionality and the sets of option available makes the company one of the best traders for MetaTrader 4.

And there is one more important thing to mention – Empire Swiss platform is really fast, no matter how many tools you are using at the same time. This is really important factor, since even the small glitch could affect Empire Swiss market spread. Looks like the platform’s speed can make it one the best forex brokers for scalping.

But this is a first impression, which can be misleading without knowledge of the company’s background and the record of its successful work. We’ve checked a number of Empire Swiss reviews on Trustpilot and other websites and asked the company’s CTO Andreas Schmidt to comment on several issues regarding the platform’s work.

Question: Is Empire Swiss website always available? What about maintenance works, power outages and other things of this kind?

Andreas Schmidt: Usually is available 24/7. If we have to add or to fix something we do it when the markets are closed. If there is an emergency, we choose the time when the number of online users is minimal, but that happened just several times maybe. The plan is to become the best broker for day trading, stable platform’s work is really important for us.

Q: Is the level of service for users with Beginner accounts is the same as for the accounts of higher class?

AS: Oh, I think I saw that on reddit. Seriously, not every Empire Swiss review on reddit is trustworthy. Due to their attitude to content moderation, there are real things, but there are also some PR materials, paid by our competitors or just rubbish. As for me, Empire Swiss reviews on Trustpilot are more reliable. However, speaking about the level of service – yes, it is the same for all clients. The number of Beginner accounts is just much bigger, and in addition to it many of their owners use languages other than English. So it may take more time to handle their requests, but we are working to fix it, there is nothing critical about that.

Q: What would you recommend to traders with the trading experience of up to 6 months? Which Empire Swiss account types?

Beginner and then Silver accounts. The minimal deposit to start with – in order to train, to see how it is works, to learn about the platform. And after that you can switch to account of the next class to get the bigger set of tools and some other things like access to company’s lending etc.

Johannes Röll
Johannes Röll

Johannes Röll was born 1978 in Brilon,Germany. Graduated RWTH Aachen University. Over the past ten years he worked as Head of the plastic card team, where he was mainly responsible for the development of the distribution, Head of sales Department and Financial Analyst,where he got experience in planning and support sales figures for branches. For the present he works as freelancer

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