Is EmpiresX a scam? | 7 Red Flags You Need to Know

If you’re here because you’re asking “is EmpiresX A Scam?”, you have to brace yourself as we go through the seven major red flags that you need to know before saying yes to the “opportunity”.

Throughout this investigation, I really thought I would just end with a conclusion that it’s just your typical MLM, little did I know that there was more to uncover….

is empiresx a scam empiresx review featured image

EmpiresX Review Summary

Product Name: EmpiresX

Owners: Emerson Pires, Flavio Goncalves

Price:
$200 for leaders
$400 for investors

Rating: 1/100

Best For: None

Recommended: Not Recommended

What is EmpiresX  About: EmpiresX presents itself as an investment opportunity about trading and cryptocurrency.

Summary: Without any associated company mentioned in their website, EmpiresX remains to be a risky investment platform especially as none of the founders or personas associated with the brand are recognized in regulated finance and trading institutions.

What is EmpiresX About?

EmpiresX claims to have their monthly growth of 30% with expectations of 6000% for 2023. But is it true or is EmpiresX a scam?

According to their EmpiresX presentation, they have officially existed since 2017 and then only launched EmpiresX last 2020. They also claimed that they have not lost money in the stock market during the pandemic as they have been strategizing with their “head trader” to get “exponential profit”. So to sum it up quick, EmpiresX offers a trading bot that you can choose to just invest into or sell as an affiliate from which you can get commissions and you can also opt to be their investor in just a few quick steps.

They offer three options which are detailed below:

OptionCapital Indication BonusEveryday GenerationDividend to 20 Levels aboveEligible Downline Members
Investor10%1%0.2%Investors only
Affiliate10%0.6%0.2%Affiliate, Investor
Private Investor10%1%0.6%Investors only

Sounds promising right? But is it a good investment opportunity, or is EmpiresX a pyramid scheme?

Let’s get on to that on the next section.

What is a Pyramid Scheme?

Most investment opportunities that give you incentives for recruitment can either be an affiliate opportunity, an MLM or a pyramid scheme. Let’s try to go over the three and what a Ponzi scheme is and I’ll let you in on what I think later in this article.

An affiliate marketing opportunity lets you enjoy perks when you have referred people to buy the brand’s products or services as a direct benefit of your effort. An MLM, on the other hand, is a marketing strategy where you also refer people to buy products or services but you become their upline and those you have recruited are your downlines which you can profit from depending on level perks by the company.

A stark difference between an affiliate and an MLM is that an affiliate can freely choose the brand they want to partner with plus there is no pressure on letting people on in their recommendation, on the other hand, an MLM will focus on endorsing only the company’s product and they are aggressively recruiting to get perks. Although some MLM products and services are actually good, it’s not for everyone.

Why is it not for everyone?
1. You may need good connections and influence to recruit people to become your downline
2. You need to take care of and maintain your downlines so you can also maintain your level perks
3. Not all MLMs are profitable, some are promising guaranteed income when in fact their income disclaimers say otherwise.

While you may think that we’ve gone far from our original topic, well a pyramid scheme is actually like an MLM, only that it’s illegal and unregulated. On the other hand, a Ponzi scheme is an illegal investment venture that offers unrealistic gains and high returns with no risk.

When I initially heard of EmpiresX and read its offer I actually thought that it’s the typical MLM! But here’s what I found.

Is EmpiresX a Pyramid Scheme? Or is it a ponzi?

Well, for us to see if EmpiresX is a pyramid scheme or if it’s a Ponzi we will have to first look for its registration. Why? Because all investment and financial trading businesses are required to be first be registered under the Securities and Exchange Commission (SEC) and no business is exempted even if it’s dealing with cryptocurrency. Some people may tell you that it doesn’t have to be registered because cryptocurrency is supposed to be a decentralized system.

But think about this, what if a company decided to rug pull all the assets… who will you turn to if it’s not a registered business?

If a business isn’t registered and it decided to just take every investment of its members one day, a business with a registration PLUS a recognition from the Securities and Exchange Commission will make them be liable for everything that could have been stolen. Now I hope you realize how important a SEC registration is to every trading and investment venture that you may come into.

TIP: It’s not enough that a business claims and shows you documents of its registration. It’s your due diligence to make your own research as most business registration details are public and most states and countries will likely have websites for you to verify their registration.

Now let’s start.

Most of the time you can learn about which company a website is under through its Terms and Conditions/ Use or sometimes under its Privacy Policy too.

Well, our first red flag is: EmpiresX website doesn’t have those pages!

Now think about it, who would be liable if they would take all your money away? Would you risk investing in something that’s not associated to any company? But wait here’s another claim that they have on their Telegram, this was posted last July 6, 2021:

is empiresx a scam empiresx review telegram pinned post about registration

It would be unfair to claim that they are not registered just because we can’t find any mention of a company on their website. So let’s dig deeper…

But before we go into that, did you know that they have two websites? Here’s what I found about them:

WebsiteDate CreatedBacklinks
empiresx.orgJune 202151
empiresx.comDecember 2019554

Now, why are the website’s date of creation and backlinks important? Backlinks are an important website metric because the legitimate business would take their time and put enough resources to market their website. So far the websites of EmpiresX both have a good number of backlinks. And when you check into them, you’ll see that most backlinks are affiliate links back to their website.

Is EmpiresX a scam backlinks
Backlinks of EmpireX are mostly affiliate links (the part with “invest_with/username”)


A website’s date of creation can let us know if the website is new, and if they claim that they are established for XX years we can easily verify it. In the case of EmpiresX their .com website was acquired December 2019 which if we cross-check with their claim is quite consistent as they mentioned that they only launched it last 2020. This is what’s inside their presentation:

is empiresx a scam empiresx review presentation vs domain details

I tried to look into both websites that I mentioned earlier and there was no mention of any company in them so to try and associate them with one, we’ll look at the people behind EmpiresX.

People Behind EmpiresX

Inside their presentation in the .org website, they mentioned two people who we will further look into for this article. Here’s what they say about them:

is empiresx a scam empiresx review founders

Emerson Pires

When you check this name on LinkedIn you’ll find a handful of Emerson Pires, but there’s only one that is connected to an Empires X Corp and an Empires Consulting. With this information, we now have a lead. But we’ll probe this after we have investigated the personas associated with EmpiresX.

is empiresx a scam empiresx review emerson pires

Now that we have a state related to our persona, we can then try to look if they are registered in the state. And here’s what I found:

Well, it seems like the Empires X Corp has been inactive/dissolved since last year!

is empiresx a scam empiresx review dissolved empires x corp


But their consulting firm is still active and look who’s signed up as their VP: FLAVIO GONCALVES!

is empiresx a scam empiresx review active empires consulting corp

Flavio Goncalves or Gocalves

In my attempt to find any proof (or otherwise) of their business registration for this EmpiresX review I tried to find the other business that they are venturing together so I can check later on Florida’s LLC directory and hopefully find them too on SEC. I found two businesses which they are in it together:

But if you look closely… You’ll see that it’s two different Flavios! A Gocalves and a GoNcalves. Now we wonder if they are two different people…

And here is a list of companies which are under his name… or names.

Under Goncalves he’s associated with EMPX and 2U Business Consulting.

is empiresx a scam empiresx review flavio goncalves

On the other hand, he’s had different positions under Empires Consulting Corp under Gocalves

is empiresx a scam empiresx review flavio gocalves

It’s quite alarming that the name of the registered officer they had for their corporation under Florida may have had a misspelling for years! Now we’re not sure if it’s the same person but we do know for sure that they are venturing together in businesses in Florida.

It’s good to find businesses registered under Emerson Pires and Flavio Goncalves but the question is, which of these companies is EmpiresX under? It’s very important that a website offering services and products are under a specific company so that they can be held liable in case of fraud.

Also let me just mention too that brokers and firms offering trading, investment and financial services should be registered in the Securities and Exchange Commission, FINRA and state securities regulators before they conduct their business.

Joshua David Nicholas “Josh Gregg”

Now here’s another name that comes up whenever EmpiresX is promoted. “Josh Gregg” who they like to call their master trader.

They claim that Josh works for Goldman Sachs and true enough you can confirm it through FINRA’s Broker Check there is indeed a Joshua Gregg… but previous reviews has already exposed that HE IS NOT THE JOSHUA GREGG REGISTERED IN FINRA because his real name is Joshua David Nicholas who had a history of financial blunders with his late firm (JDN Capital LLC) and was banned by National Futures Association for 8 years.

For a full document here’s the link and below is an overview of the decision.

is empiresx a scam empiresx review banned joshua David nicholas

Despite being banned and even when his real identity has already been exposed, it seems like EmpiresX is continuously using his Josh “Gregg” persona as he is still posted in a video in their EmpiresX Global Facebook page some three weeks ago:

is empiresx a scam empiresx review joshua nicholas impersonating

It’s very alarming.

Registrations

Now that we have a list of business names and people, we can now cross-check their registration. I checked on the following platforms the names associated with EmpiresX and the businesses handled by the “founders”:

FINRA Broker Check: No Result
SEC Registration: No Result
Division of Securities (Florida): No Result.

With this information alone, what do you think, is EmpiresX a scam? I would’ve run if I were recruited just knowing these!

How Does EmpiresX Work?

When you check their website and cross-reference it to their presentation, you might see a disjunction of one’s reality and expectations.

Claims or Expectation

Here are the things that they claim to attract members.

is empiresx a scam empiresx review why choose empiresx
is empiresx a scam empiresx review why easy start steps

Well is it really? Let’s check it out.

Reality

This page alone about withdrawal already debunks the Withdrawal with Automatic Payment and Freedom With Your Capital.

is empiresx a scam empiresx review why withdrawals

As much as they claim that they offer instant withdrawals, they mentioned in the earlier part of their presentation that they require emailing for each withdrawal request with a “secondary security password”. Plus you can read from above that capital withdrawal can only be done three times and they have percentage fees on the first three months. So there isn’t really much freedom with your capital right?

No monthly charges? Yeah right, but the company gets 20% of each profit from the trading bot every day!

Refund

I looked inside their platform and looked around their websites and there was no mention of any refund. That’s understandable because they are an investment platform.

Can You Really Make Money Through EmpiresX ?

The viable ways you can do to make money through EmpiresX would be by:

  1. Becoming an Investor or Affiliate then ranking through the network levels through recruitment
  2. Actual profiting from the trades.

But has anyone actually profited from it?

Surprisingly, their Trustpilot reviews abound with positive reviews with a 4.3 rating. But a load of positive comments are quite unjustifiable as they were mostly flooded last August:

is empiresx a scam empiresx review flodded trustpilot reviews

Here are some of the positive and negative EmpiresX reviews on the platform:

is empiresx a scam empiresx review flodded trustpilot rnegative reviews
is empiresx a scam empiresx review flodded trustpilot positive reviews

But here’s a more convincing review straight from their Telegram community. It seems like people were having a hard time with their withdrawals. Take notice of the dates:

is empiresx a scam empiresx review telegram november 5
is empiresx a scam empiresx review telegram november 11
is empiresx a scam empiresx review telegram november 17

And just recently they posted something on the Facebook Page about “back office issues”:

is empiresx a scam empiresx review EmpiresX global

Source: EmpiresX Global Facebook Page
(December 1, 2021)

Is the system collapsing? Or are they thinking of new ways to take advantage of people?

On the 5th of December 2021, this is what the person trying to recruit me said.

Currently, they are migrating their whole system over as they are expanding. It’s a long story. They are currently doing everything manually so their are huge delays with their withdrawals. All of this should be resolved within the month. They might be getting a bad wrap regarding this..

I’m in the support channel so I see all of their issues..

If people are hesitant they can wait until the new system is up and running.

Mmmm….this doesn’t give me any confidence, how about you?

How Much Does It Cost to Join EmpiresX ?

You have two options for your membership:
1. Affiliate – $200
2. Investor – $400

7 Red Flags of EmpiresX

  • No mentioned associated company which could be held liable in case of fraud
  • Not registered on SEC, FINRA and Division of Securities
  • Co Founder has inexplicable misspelled surname on registered company details
  • Master Trader, Joshua David Nicholasm is continuously impersonating “Josh Gregg” and is actually banned by NFA
  • 20% of any trading profit goes to company
  • Suspicious flooding of positive reviews last August 2021 on Trustpilot
  • Users reports being unable to have their withdrawals and use the platform itself.

The EmpiresX Scam [Is EmpiresX a Scam?]

I really thought at first that EmpiresX will be just the typical MLM with aggressive recruitment tactics, but with all the red flags that I found during my investigation, it’s likely that it is a pyramid scheme or a Ponzi scheme or both. While it’s okay to recruit people into investment opportunities, it’s much safer and would be best if an investment firm, company or platform are registered on finance, trade and securities organizations.

Since the website and the companies related to its owners are not registered in SEC, FINRA and the Division of Securities in Florida, it’s fair to say that they are illegally operating. Business, corporation and LLC registration are different from the act of registering a firm or company as a regulated firm or broker. Additionally, as Joshua David Nicholas continues to impersonate Josh Gregg and with the possibility of him handling the trades, it’s quite alarming that EmpiresX continues to recruit when Joshua himself is deregistered from the National Futures Association.

Just to be fully transparent with you, I am not an affiliate or investor of EmpiresX myself and I do not endorse it in any way.

I have researched the website, testimonials, and information on the Internet to get to the bottom of what EmpiresX genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn Ways to Avoid Online Scams then click the highlighted text. 

Pros and Cons of EmpiresX 

EmpiresX Pros

None

EmpiresX Cons

  • Website is not associated to any company
  • Website and companies handled by founders are not recognized by SEC, FINRA and Division of Securities in Florida
  • Master trader is impersonating an actual trader with a good track because he himself is deregistered by the NFA
  • Suspicious flooding of positive reviews last August 2021
  • Users can’t withdraw and use platform

Final Thoughts – EmpiresX

I don’t see the point of going on with the impersonation of Josh Gregg. If EmpiresX is indeed an honest and truthful company, they would not trick people into believing that their “master trader” is actually Josh Gregg in FINRA. For reference here is the FINRA details of Joshua Nicholas, the real name of EmpiresX Master Trader.

Instead of putting out bland community statements about their legitimacy, they should show verifiable evidence of their registration, not just for transparency but it could also double as a good marketing strategy.

If they continue to dodge Ponzi and pyramid scheme allegations by just flooding positive reviews or hijacking comments on a defensive mode, they will continuously be branded as a fraud and a likely scamming venture that’s most likely to collapse anytime. However, if you, reader, would still wish to try their platform… I hope you won’t stake an amount that you can’t bear to lose.

Yep. We already warned you.

How I Make a Passive Income Online

People would love to have an all-winning portfolio in trading. But the harsh truth is, it’s rarely the reality.

In stocks, ForEx, and cryptocurrency trading, there is a very big chance that the money you may put in could be washed out. There is no guarantee, so whenever an investment opportunity presents itself and mentions that it can give you a 100% profit from your investment with and no losses, beware. It’s best to look for their risks and income disclaimers, any investment without those disclaimers are most misleading and overpromising.

While trading could be a profitable passive income, it’s a venture that requires discipline, dedication and financial resources. I suggest that while you’re still learning the ropes of trading, find profitable investments that are sustainable in the long run.

I’ve been trading for years now and I don’t do it full time! I make sure that I have other income generating ventures so I can fund my experiential learning.

I find affiliate marketing as one of the most flexible passive income opportunities like trading because:
1. You can do it in your own time
2. You learn different things by doing it
3. No deadlines to beat

It’s a bonus that I was able to find the Wealthy Affiliate community from which I learned tons of things that I wouldn’t have learned on my own! If you’re looking into partnering with brands and companies that pique your interest, you can click below so John can guide you on the FREE TO START community. You’ll see what more they can offer, what you can learn inside and get a feel of the tools that you may use if you plan to tread the path of being an affiliate marketer!

No pressure. If you happen to like it, you can always avail of the Premium which is just $49/month! If you want to read more about Wealthy Affiliate here’s a comprehensive review about it.

You can click below and let John guide you with personal mentoring and whatever help you need!

Is EmpiresX a scam Dream Life Lifestyle

Louee Gonzales Author

Louee Gonzales has been a content specialist for 4 years now. She has been enjoying writing investigative articles for EFYL. If she’s not writing, she’s either painting or traveling somewhere fun.

She has a degree in Psychology, and quick fact: she can’t read your mind. She has authored articles on the School of Positive Transformation.

EmpiresX

$200-$400
0.1

Credibility

0.0/10

Income Opportunity

0.1/10

Reliability

0.0/10

Price

0.1/10

Business Model

0.2/10

Pros

  • None

Cons

  • Website is not associated to any company
  • No proof of recognition from not recognized by SEC, FINRA and Division of Securities in Florida
  • Master trader is deregistered by NFA and is impersonating another guy
  • Suspicious flooding of positive reviews last August 2021
  • Users can't withdraw and use platform

20 thoughts on “Is EmpiresX a scam? | 7 Red Flags You Need to Know”

  1. Steward

    Hi John thanks for sharing such an information about Empiresx ,its helpful. But I think to some of us are already pressumed victims of such potential assumed scammers.

    I invested in this company last August 2021. Everything was promising though there was little delays especially on the withdrawal part of it because you could withdraw and wait for 3 to 5 working days and the money is in. Now since 1st November 2021 I submitted my request for withdrawal and I’m yet to receive it in my wallet. I had few conversations with their support services and they been telling me that the are upgrading the old system. Apparently they are installing new system which will be automatic and more effective for us to use (withdrawals). They claim the company they were associated with, is the cause of this delay. Since last week I tried to contact them through their support channels but everything is quiet. The bot is running as usual and everything is normal but the access to our fund still major issues.

    You said you read their telegram time to time, is there any promising leads? How should one recover his/her money if indeed this people are scammers?

    Reply
    • Hi Steward,
      Thanks for reaching out and sharing your concerns about EmpiresX.
      When you say “Since last week I tried to contact them through their support channels but everything is quiet.” Do you mean they are not responding?

      The latest I have read is this:
      What I can add to validate the concerns that you raised is:
      1. 3rd January – strong rumours that the owners have run off, but existing affiliates are focusing on compounding existing returns
      2. 5th January – there are no new presentations
      3. 6th January – there are no new affiliate accounts and any accounts setup are not earning any commissions (the money is stuck in there). So only the existing affiliates can earn from the people they recruit into this scheme
      4. 8th January – message from Emerson Pires on “EmpiresX Official News” that EmpiresX is having issues with Coinbase Commerce cannot process payments. Claims as soon as Coinbase clears this issue, everything should get processed. Emerson asks for a few more weeks and for people to wait patiently.
      5. 10th January – Investor in an EmpiresX trading earning group reports that “My automatic withdrawal on 15/12/2021 shown as paid, has not credited to my BTC account.”
      6. 12th January – Investor in an EmpiresX trading earning group suggests that they he has personally verified with IT company based in Miami that they are working on new website and they have been paid 50% upfront. Also please don’t recruit or put more money in Empiresx till they sort their shit out. This project should be treated as pure investment project and not expect passive returns. Worst scenario if they scam off in future we have no option but to write off but based on info I know 95% it wont be a write off.

      So, I suggest you keep trying to contact their support. Also have you tried the contacts on the offical Facebook page? also contacting their support via Telegram?

      If I were in your shoes I would try all those things. I understand this must be a terrible feeling and when I first notices the withrawal issues in my review from 1 December 2021 this is the biggest red flag. Clearly this is not resolved yet.

      Please continue to contact EmpiresX through every channel I mentioned. Then if you can get your money back then you have been lucky.
      If not, please report them to the SEC and the Consumer Protection Agency in the State that you live in.

      Please let me know how you go. Thanks in advance, John

      Reply
  2. This is as real as Bigfoot! I hope the FBI finds those to greasy low level Brazillian wax thieves asap. They never do ZOOM and did a Cameo appearance in Southern California in the beginning, when the scam was in it’s infancy when cyrpto was going in then going out as commission. They will hide somewhere in World getting cheap plastic surgery in Juarez Mexico then hide in Dubai with those other Crypto gangsters who probably pay the UAE corrupt officials for a safe haven from US Law enforcement like the slob bitshit Oddney

    Reply
    • Thanks for sharing the alarm and your concerns about the operators.
      So it seems you are saying that EmpiresX is a scam and the founders are running away.

      The more people read these concerns the more they can make a fully informed decision.

      What I can add to validate the concerns that you raised is:
      1. 3rd January – strong rumours that the owners have run off, but existing affiliates are focusing on compounding existing returns
      1. 5th January – there are no new presentations
      2. 6th January – there are no new affiliate accounts and any accounts setup are not earning any commissions (the money is stuck in there). So only the existing affiliates can earn from the people they recruit into this scheme

      The massive red flags continue for EmpiresX and I fear for anyone who has already invested into this scheme.

      Caveat Emptor

      Reply
  3. Hi, I have invest thousands of money in here.. it been more than 2 month and I haven’t received any payout… what should I do? They have been laying the last couple month.. now just nothing.. is that means the company is scam.. runs with my money?

    Reply
    • Hi Cindy,
      Thanks for reaching out and sharing your concerns about EmpiresX.
      Do you mean they have been “laying low” the last couple months?
      OR
      Do you mean they have been “lying” the last couple months?

      Also have you contacted their support? the contacts on the offical Facebook page? also contacting their support via Telegram

      If I were in your shoes I would try all those things. I understand this must be a terrible feeling and when I first notices the withrawal issues in my review from 1 December 2021 this is the biggest red flag. Clearly this is not resolved yet.

      Please continue to contact EmpiresX through every channel I mentioned. Then if you can get your money back then you have been lucky.
      If not, please report them to the SEC and the Consumer Protection Agency in the State that you live in.

      Please let me know how you go. Thanks in advance, John

      Reply
        • Hi Nkosinathi,
          I am sorry to hear that you are also having a problem with EmpiresX – is it withdrawals?
          Have you joined the “EmpiresX Official News” telegram group?
          Have you contacted EmpiresX support?

          I am not affiliated with EmpiresX because of all the red flags however I do know some people who tried to recruit me into it. So can try to ask them.

          Can you fully detail the issues you face and what you have tried so far?
          Ideally as a comment to this EmpiresX Review post so that all internet users can be aware of the risks of investing with EmpiresX.

          However if you would prefer your situation to not be public, you can email me the full details at john@earnfromyourlaptop.com

          I do read their Telegram group chats from time to time and continue to be alarmed with the withdrawal issues, website outages and other issues/problems that seem very regular with EmpiresX.

          Reply
  4. Thanks for the phenomenal amount of work that went into research for this review of EmpiresX. By the way why do so many like the name Empire?? 🙂 I always love reading these articles as they are really educative and may help you you stop a family member or friend from falling prey. Conversely those with high scores may get recommended.

    The 4 most disconcerting red flags for me were that there was no associated company that could be held liable in case of fraud, the company not being registered with the SEC and FINRA, their “Master Trader” being banned by NFA but still operating and 20% of any trading profit goes to company.
    Too many red flags!
    Ceci

    Reply
    • Hey Ceci,
      Thank you for reading my honest EmpiresX review.
      I wanted to do a deep dive EmpiresX review because a personal friend approached me on this one as a way to make money. I’m not sure if she keeps the 20% of the company keeps the 20% of any trading profit that I potentially made. But the whole feeling of being recruited and then probably have to recruit others to get paid never sits well with me. Been there done that.

      Yes I agree, EmpiresX has a lot of red flags. Once we started digging we found a lot of red flags in this scheme it just got worse and worse. We have fully documented them in this EmpiresX review to help readers make a fully informed decision. It was just one major concern after another.
      I agree with the 4 most alarming concerns for you. The lack of registration with SEC, FINRA and Division of Securities in Florida. Their “Master Trader” being banned by NFA is a massive red flag. For me then whenever I see fake names and fake testimonials I encourage people to run far away from anything like this.

      I’m glad this EmpiresX review helped you reach the same conclusion. The more people that can read and find this honest EmpiresX review, the more they can make a fully informed decision for themselves.

      Reply
  5. EmpiresX is definitely one to avoid, and thank you for such an honest review. The fact that the master trader isn’t who he claims to be should ring alarm bells. Also, flooding Trust Pilot with fake positive reviews is certainly a bad sign.

    Reply
    • Hi Kathy,
      Thank you for taking the time to read my honest EmpiresX review.
      I agree with your concerns raised, those two issues are just some of the many in the concerning red flags here.
      I was approached by a friend who tried to personally recruit me into this scheme so put a lot effort and time researching to uncover everything about what is EmpiresX about.
      Now you can see why we gave this one 1/100, given that EmpiresX has a lot of red flags that could be too kind on them.

      Reply
  6. Ouch. Your 1/100 rating about EmpiresX says it all. Personally, these kinds of schemes, especially when involving investing, are just so riddled with red flags it’d make a bull charge – to run the other way. 🙂

    Thanks for this! Great EmpiresX review!

    Reply
    • Hey Eric,
      Thank you for reading my honest EmpiresX review.
      I wanted to do a deep dive EmpiresX review because a personal friend approached me on this one as a way to make money
      Yes I agree, EmpiresX has a lot of red flags. Once we started digging we found a lot of red flags in this scheme it just got worse and worse. We have fully documented them in this EmpiresX review to help readers make a fully informed decision. It was just one major concern after another.
      Particularly the lack of registration with SEC, FINRA and Division of Securities in Florida. Then whenever I see fake names and fake testimonials I encourage people to run, run, run far away from anything like this. As you say make a bull charge!

      I’m glad this EmpiresX review helped you reach the same conclusion.

      Reply
  7. Can’t see EmpiresX, being in the game for much longer. If Truth in Advertising and any regulators gets wind of their practices then EmpiresX will be wrapped up in legal cases it probably can’t afford to defend.
    Solid in depth EmpiresX review
    The explanation given for their slow withdrawal process should be warning enough for anyone wanting to becoming involved with this company.
    Thanks for getting this out there.
    Michael.

    Reply
    • Hi Michael,
      Thank you for taking the time to read my honest EmpiresX review.
      I was approached by a friend who tried to personally recruit me on this scheme so put a lot of time and effort to uncover everything about what is EmpiresX about.
      Now you can see why we gave this one 1/100, given that EmpiresX has a lot of red flags that could be too kind on them. As you noted the withdrawal concerns are the largest red flag.
      When we started looking we found a lot of red flags and have fully documented them in this EmpiresX review to help readers make a fully informed decision. It was just one major concern after another. The more we looked, the more EmpiresX concerns there were.
      Especially the lack of registration with SEC, FINRA and Division of Securities in Florida. Then whenever I see fake names and fake testimonials I encourage people to run, run, run far away from anything like this.
      Now they are experiencing withdrawal issues, this could really be the beginning of the end for anyone invested in EmpiresX unless they can resolve this soon.

      I won’t be putting any money into EmpiresX and hope to help all readers make the right decision for themselves.
      Appreciate your comments, John

      Reply
  8. I almost gave up reading after seeing your recommendation of 1/100!
    I couldn’t believe any product could be that bad, so I continued to read your EmpiresX review to find out why.

    Thanks for sharing all of your research with us. It’s good to know why we should avoid certain ‘opportunities,’ because, like everyone else, I don’t want to be taken for a ride. And because of the lack of transparency of the founders of this company and the other red flags you have highlighted, this is definitely one opportunity I will not be buying into.

    Cheers.

    Reply
    • Hi Andrew,
      Thank you for taking the time to read my honest EmpiresX review.
      Now you can see why we gave this one 1/100, given that EmpiresX has a lot of red flags that could be too kind on them.
      Once we started looking we found a lot of red flags and have fully documented them in this EmpiresX review to help readers make a fully informed decision. It was just one major concern after another. The more we looked, the more concerns there were.
      Especially the lack of registration with SEC, FINRA and Division of Securities in Florida. Then whenever I see fake names and fake testimonials I encourage people to run, run, run far away from anything like this.
      Now they are experiencing withdrawal issues, this could really be the beginning of the end for anyone invested in EmpiresX unless they can resolve this soon.

      I won’t be putting any money into EmpiresX

      Reply
  9. Wow, this could be one of the worst companies I have read about so far, a 1/100! And everything does indeed look fishy. If the guy is even banned and impersonating someone else, and that reply they wrote in regards to the money issues as if they were “not in control” when it is their company … I couldn’t believe it.
    I had heard of EmpiresX and glad that I searched online and found your EmpiresX review. So now that I’ve read this I’ll make sure to stay away from it.
    Thanks for the heads up!

    Reply
    • Hey Christine,
      Thank you for reading my honest EmpiresX review.
      Yes I agree, EmpiresX has a lot of red flags. Once we started digging we found a lot of red flags and have fully documented them in this EmpiresX review to help readers make a fully informed decision. It was just one major concern after another.
      Particularly the lack of registration with SEC, FINRA and Division of Securities in Florida. Then whenever I see fake names and fake testimonials I encourage people to run, run, run far away from anything like this.

      $200-$400 is a serious investment. I even heard of the people trying to recruit me were buying 8 or so of these “accounts”. What is up with that?
      I knew from the outset I was being attempted to be “recruited”, so am glad we uncovered down to the truth and to the bottom of what is EmpiresX all about.

      There are a lot of risks to be aware of from trading as well as losing any money you put into this scheme.

      So I would much rather build a real online business that helps people than this scheme that is a high risk of a rug pull. Fact based, proven since 2005 and a lot more quality (Training, tools, mentoring, community & support) and for reasonable pricing. This is why I recommend this over all others. And yes, there is no need for any credit card information to create a free account to see if it suits your style.
      Hope to see you on this inside, John

      Reply

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