This site is managed by IOS INVESTMENTS Limited, based in Belize. It is worth noting that this investment company is a subsidiary of the EmpowerWays group, registered in St. Vincent and the Grenadines. Meanwhile, the site owners claim that the project has been on the market for more than 20 years and has more than 50 thousand active users. However, the company is not regulated and is waiting for a license in Belize. Should you trade on this site? We will review its services and documents, after which we will draw a conclusion about the safety of this broker.

How to Trade

EmpowerWays offers clients access to global markets from a proprietary terminal. You can trade from mobile and desktop devices, the broker’s range of trading assets includes cryptocurrencies, forex, ETFs, and others.

You will find on the platform:

  • Five standard tariffs ranging from Bronze at $10,000 to Platinum at $250,000.
  • Two premium accounts with advanced features – VIP from $500,000 and VIP+ from $1,000,000.
  • Competitive spreads and charting tools.

EmpowerWays provides personalized account management, educational sessions, and trading recommendations for different accounts. The company does not disclose trading conditions – there are no leverage sizes, spreads, commissions, or other parameters on the website.

EmpowerWays does not ensure transparency of its activities. Interference in account management and training allows the brokerage company to manipulate traders’ actions in its favor. 

Analytics of world markets is presented in EmpowerWays by the ticker of the TradingView social platform, which is available online for everyone. The broker offers its clients 24/7 technical support. The company’s services are unavailable in countries like the USA, Germany, Russia, and some other jurisdictions.

EmpowerWays Vital Info

The company managing the site claims that it has been operating in the financial market for more than 20 years and has conducted more than 100,000 customer transactions during this time. However, it does not disclose any names of its owners and managers, and does not provide registration certificates or licenses for financial activities. We checked IOS INVESTMENTS Limited in the corporate registers and found it in Belize under the number RA000693_162664. However, this company is registered only on October 17, 2023. As for the domain, it started only in November 2023.

We do not know whether the broker operates in accordance with legal requirements. However, oddly enough, the financial organization misleads users by so overestimating the life of its project. In addition, the firm prohibits citizens of Saint Vincent and the Grenadines from using financial services, informing clients that this is where the parent organization of the EmpowerWays group of companies is located. All these facts make us doubt the reliability of this site.

FAQ

What are the key facts about EmpowerWays?

The brokerage firm was registered in October 2023, and its website domain has been in existence since November 2023. The company falsifies the period of operation, claiming that it has been on the market for more than 20 years. Thus, the resource owners mislead potential clients about the work experience of their team.

What's the risk to my wallet when working with this broker?

Our thorough research shows that you should not trust this broker. First, you must agree to the terms of use of empowerways.com, which state that you waive any claims against the company in case you lose your funds. Secondly, risky CFD trading becomes even more dangerous on a platform that is not licensed by financial regulators and cannot operate legally.

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