Empower Markets-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Empower Markets was established in 2016 as a Forex and CFD broker in Australia. It should be noted that the broker does not currently hold any authorized licence issued by ASIC.

Official Website Unavailable

As of now, Empower Markets' website is no longer available. We can only get a rough idea of the information of the broker from some broker review portals..

Market Instruments

Empower Markets offers investors a range of financial instruments, including CFDs on foreign exchange, stocks, commodities and futures.

Currency Pairs & Spreads

Users can trade over 60 currency pairs at Empower Markets. The broker is supposed to charge a certain amount of spreads but the details are unknown. According to the information, the broker claims to be able to offer users low spreads as low as 0.0 pips, but it is impossible to verify whether the actual situation is exaggerated.

Trading Platform

Empower Markets offers its clients access to the world's financial markets via the Metabroker5 (MT5) platform, which supports both PC and mobile use.

Deposit & Withdrawal

Although we could not find any information about deposits/withdrawals, according to the only available online copy of the Anti-Money Laundering Policy issued by Empower Markets, the broker emphasizes that deposits/withdrawals cannot be made to/from third party accounts.

Customer Support

The information shows that Empower Markets offers limited customer support, it only provides investors with access to the economic calendar and earnings season calendar, and no other trading analysis or market research.

Restricted Areas

According to the document, Empower Markets does not specify which countries it accepts brokers from, but the company notes that it does not provide services to residents or entities in the United States as well as other jurisdictions.