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.
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.
The terminal works great, EmpowerWays commissions are pretty low, especially if you compare it with competitors, good analytics are on the site. I liked the fact that I can contact the support team at any time - and the consultants really help you, for example, yesterday they told me how to deal with an unexecuted order :) However, recently serious delays with withdrawals started on this site. The support team is silent, nothing is explained to me about the solution to this situation. I ordered £3,500 for withdrawal and I'm waiting for them for the second week already, of course, I don't like it.
This broker is very bad. If we talk about slippage, my stop loss never worked where I wanted it to. If you set it at breakeven, it almost always closes at -1 or -2 pips. In case of particularly important news, all trading is immediately blocked.
Hi! I've been in forex for a long time, more than 5 years, and I can see for sure that if it's not the worst broker, it's one of the outsiders. I didn't like the platform in general. But for the sake of objectivity, I'll start with the advantages: the terminal worked fast in the beginning, I did not notice any special slips at that time, verification is fast, tech support answers more or less competently, but that's where all the pluses end. And now the minuses: the minimum deposit is 10 thousand dollars, which is unacceptable for a resource without demo-version of the account, the spread is overestimated, and withdrawal works with problems. Although the website looks attractive, and the design is fresh, it would be better if the owners of the site followed the program, which in recent days began to fail. The charts are disappointing, you can't even draw a simple trend line! Constant requotes began to appear and it's hard for me to trade with them, in addition, the withdrawal fee has increased, while withdrawal requests take so long to be processed. I was able to make a minimal profit, and somehow withdrew it. Stay away from empowerways.com, besides it, there are other brokers with better spreads, physical offices, and all necessary legal licenses to conduct brokerage business. Not recommended!!! Be very careful with these guys.
This is the only trading resource where I managed to earn a decent income. I had heard about EmpowerWays for a long time, since they have been working for more than 20 years, but I was in no hurry to register an account here. Firstly, I had bad experiences with other sites, and secondly, I was afraid of losing my starting $10,000. I decided to take a risk only 2 months ago, when free money appeared in my wallet, and the platform had good reviews on many independent sites. I immediately liked trading here, I will note the convenient interface of the platform and say special thanks to the developers, designers and all the guys who created the site empowerways.com and took part in its development. Everything was immediately clear to me, I could navigate the terminal without much difficulty. The mobile version is also very convenient to use. The speed of execution also pleased me. The program never froze, the application loaded well. I can say kind words about security: hackers didn't try to hack my account, regulators didn't block the site once and all functions work stably. In the end, I didn't regret my $10,000, because just a month later I already earned my first thousand. I withdrew my earnings once to my bank card, and I'm very grateful to the technical support team, who quickly solved my verification problem that occurred during the withdrawal. During the application process, an error appeared several times when the security team verified my documents, but the operator working at the time helped me fix the problem and I received the funds in a few hours. I'm not going to stop here, I will continue to trade on this terminal and quietly earn in the way I like.
This service is a complete scam. The broker blocked my account with 8,100$. Check out the customer reviews on EmpowerWays services, most of the negative comments are there.
The broker blocked my account because I had violated the user agreement and the managers did not even indicate which clause of the rules I had violated. The scammers cheated me out of 12 thousand dollars. I can not bring to court the organizers of this dump, it depresses me... EmpowerWays is not recommended, do not even think about any cooperation with them - they are scammers!!!
This resource constantly flashed before my eyes with its offers when I was in search of a new broker, and I decided then to try cooperation with EmpowerWays. I have been trading here for the second month and I like everything, but, to be honest, this is my third company in the world of investments, so I have little experience. There are many trading instruments on this platform, including some interesting cryptocurrency pairs, both in terms of the dollar and bitcoin. Commissions there are acceptable👍 The terminal works without glitches and the money is withdrawn quickly. I won't say that the broker is perfect in everything, but you can trade during the day on this platform with good profits. I will note that the technical support is competent, the operator understands the level of professionalism at which he communicates with the trader, and knows what you may have problems with. Trading conditions suit me, I compared several brokers, and it turned out that it is more profitable to trade with EmpowerWays, not by an order of magnitude, of course, but a couple of points this company will be better than others, I advise you to try and see the advantages of this platform.
This is a fraudulent platform. There's a whole group of swindlers, applying the same scheme on other sites. I withdrew a small amount without problems, but I had insoluble obstacles when trying to withdraw 5 thousand euros from my EmpowerWays account.