Expert Option Review & User-ratings

Expert Option user-ratings: $50
9.5/10
9.5 of 10 points 1 reviews
  • Asset varierity - 9/10
    9/10
  • Trading platform - 9/10
    9/10
  • Support - 9.5/10
    9.5/10
  • Fees - 10/10
    10/10
  • Deposit/Withdrawal - 10/10
    10/10

Facts about the company:

  • Type: Binary Options Broker
  • Regulation: VFSC Vanuatu
  • Minimum deposit: $ 50
  • Demo account: Free
  • Markets: 100+ currencies, crypto, commodities, stocks, indices 
9.5/10
Comments Rating 9.5/10 (1 review)

Pros

  • Transparent broker
  • User-friendly
  • Yield over 90%+
  • 15+ different languages
  • Fast trade execution

Cons

  • Only short-term trading

What Is Expert Option? – Facts About The Company

Expert Option’s Offcial Webpage

Expert Option is founded in the year 2014 with the aim of dedicating its services to its customers by giving pure transparent trading experience. This broker offers multiplatform and has more than 100 tradeable assets available. It provides its clients with one of the best trading platforms in the trading industry and commits to providing customer satisfaction. Also, the Expert Option gives the best customer support by giving extra effort for their clients. It offers fast trading executions using cutting-edge technologies and provides educational materials that are a big help in any trader’s trading journey. 

Facts about Expert Option:

  • Founded in 2014
  • 100+ Assets
  • Multiplatform
  • Transparent broker
  • Powerful easy-to-use platform

Safety And Regulation

You should make sure that the broker that you are trading with is regulated. Regulations are proof that the broker has been authorized, examined, and reviewed to operate legitimately. Expert Option is regulated by the Vanuatu Financial Service Commission (VFSC).

ExpertOption Ltd (the full name of the company) is located in Saint Vincent and the Grenadines at 1510 Kingstown, Suite 305, the Griffith Corporate Centre with registration number 22863. Vestede Limited, which is based in Gibraltar with company number 116061, is where the payments are processed. Additionally, Financial Market Relation Regulation Center (FMRRC) supervises and approves the activities conducted by this broker.

Regulated by the following:

  • Vanuatu Financial Service Commission (VFSC)

Financial Security

It is important to choose a trust-worthy broker to secure our investments and funds. Expert Option is known to be a broker that provides a transparent trading experience. Transparency is one of the traits of Expert Option values. With this said, the brand provides its clients with accurate quotes from real.time market data. These data are provided by leading analytical agencies, thus making it a reliable and secure broker.

Expert Options is a trusted broker

Expert Option values the security of its clients so much that their webpage has SSL encryption. It is encrypted with the strongest cryptographic algorithms that keep the data of the clients private and safe. Plus the funds of the clients are segregated in grade-A banks and the broker is verified by Visa and MasterCard. We can say that this broker is legit, safe, reliable, and trustworthy.

Summary of safey and security:

  • Transparent broker
  • Reliable and secure
  • SSL encryption for the safety of clients data
  • Segregation of client funds (grade-A banks)
  • Verified (by Visa and MasterCard)
  • Accurate quotes are being provided by this broker

Review Of Trading Conditions

Expert Option has more than 100 tradeable assets available. This brand commits to provide transparency and security to its traders. It offers binary options with a high yield of up to 90%. Plus the platform of Expert Option is custom-developed by the company which gives it an edge compared to other platforms. It is a simple and user-friendly, yet powerful platform. In the China Trading Expo in Shenzhen in May 2017, Expert Option has won the award of “Best Trading Platform”. Additionally, this broker offers various payment options and is verified by Visa and MasterCard. We can say that this broker gives values to the safety and security of its clients due to its SSL encrypted website that protects its clients’ data. The customer support operates 24/7 and the brand gives extra effort to help its clients.

Overview about the trading conditions:

  • Free demo account without registration
  • Fast execution of trades
  • Yield can be over 90%
  • Different account types
  • Minimum deposit of $ 50
  • Only short-term trading up to 5 minutes
  • Trade currencies, crypto, stocks, commodities, and indices

What Platforms Does Expert Option Offer

Expert Option’s platform is available in any type of device. This brand offers a platform that is simple and user-friendly, yet a powerful platform. The firm has won in the China Trading Expo in Shenzhen in May 2017 the title “Best Trading Platform”.

It provides lightning-fast trading execution with an accurate price feed and has advanced analytical tools. It also provides educational resources in order for the traders to be equipped and have an edge in trading. The platform is custom-developed and you can use it in all kinds of devices, either desktop (both Windows and macOS), Android, and iOS plus, it is fast and easy to download. Furthermore, it can also be used via the browser without downloading the app. It is available and compatible with all kinds of browsers. Additionally, the platform enables clients to access a wide range of stocks and more than 100 tradeable assets. Plus, you can expect real-time live quotes.

Web Platform of Expert Option

Facts about Expert Option’s Platform:

  • Lightning-fast trading execution
  • Easy-to-use platform
  • Has advanced analytical tools
  • Offers real-time live quotes
  • Available in any type of device (includes mobile trading)
  • Customer-developed platform

How To Trade With Expert Option

Expert Option offer binary options and mostly focuses on it. As traders, we would need to know how trading works with certain products in the trading industry. Since Expert Option works more with binary options, we would need to make sure that we know how it works in order to get good results.

A binary option is basically a special financing option. It’s either you pay off some fixed monetary amount or nothing at all. Please be aware that these are complex trades that require a high risk of funds. You must fully understand how binary option works before making a decision in trading. We recommend for you to practice in a demo account first before going live. We would like to avoid as much as possible unintentional trades that result in a high loss of investments.

Order Mask of Exoert Option

Basically first in trading binary options, you should choose the asset you wish to trade. Then, decide how much you’d like to invest and when should be the end of the trade. Please be informed that the end of the trade would be the expiry date. After that, identify whether the price will go up or down and open the trade. Lastly, you would need to wait for the end of the expiry time you’ve set.

Step by step process in trading with Expert Option:

  1. Choose the asset you wish to trade.
  2. Decide how much you’d like to invest.
  3. Decide when should be the end of the trade.
  4. Identify whether the price will go up or down and open the trade.
  5. Wait for the end of the expiry time you’ve set.

Expert Option Free Demo Account

Trading requires high risk and it is important to know what you are doing before going live. We highly recommend for you to get a demo account first in order for you to practice your trading strategies, style and develop your trading skills. It is important to be armed before going into the battle. In trading, your skills and knowledge are your armor (weapon) in order to get good trading results.

Expert Option offers a free demo account that has ready-to-use virtual funds worth $10,000. It is easy to get a demo account with this broker. All you need to do is to go to the official webpage of Expert Option (https://expertoption.com/) and click on ‘Try free demo‘.

Register An Account With Expert Option

It is easy and fast to register a live account with Expert Option. All you need to do is to provide an email address and create a password or you can select your existing GoogleMail account or Facebook account. You can find the registration page on the official website of Expert Option (https://expertoption.com/) by clicking ‘Real Account’ on the apart right corner.

Register an account with Expert Option

Account Types Offered by Expert Option

Expert Option offers its client the various options of account to choose from. Both Micro Account and Basic Account have 10 as the maximum number of simultaneously open deals. The difference between these two is the maximum deal amount which for Micro is $10, while Basic is $25. These accounts are the best for these who prefer to start light and are just starting in the trading industry.

While the Silver Account has the maximum number of simultaneously open deals of 15 and the maximum deal amount of $250. It has daily market reviews and financial research as an additional feature. Gold, Platinum, and Exclusive Accounts have all the features. These three have the advantage of priority withdrawal. However, Gold has 30 as a maximum number of simultaneously open deals, while Platinum and Exclusive have no limit.

Expert Option’s Account Types

Acount types:

  • Micro Account – $10, maximum deal $10
  • Basic Account – $50, maximum deal $25
  • Silver Account – $500, maximum deal $250, daily markets news and research
  • Gold Account – $2,500, maximum deal $1,000, daily market news and research, priority withdrawal, increased asset profit 2%
  • Platinum Account – $5,000, maximum deal $2,000, daily market news and research, priority withdrawal, increased asset profit 4%
  • Exclusive Account – invitation-only, maximum deal $3,000, daily market news and research, priority withdrawal, increased asset profit 6%)

Review Of Deposit And Withdrawal

Expert Option offers various fast and hassle-free funding options. There are a number of payment methods available that you can use with Expert Option. You can choose from classic and electronic methods.

Expert Option Payment Methods

Expert Option’s minimum deposit is $50. Also, the company doesn’t charge any commissions on transactions, however, the payment system you might use may charge a fee. All in all, the Expert Option doesn’t have any hidden charges.

Available Payment Methods:

  • eo.finance
  • epayments
  • fasapay
  • MasterCard/Visa
  • Maestro
  • Neteller
  • PayPal
  • PM
  • QIWI
  • Skrill
  • UnionPay
  • Wire Transfer
  • WebMoney
  • Yandex Money

Facts about deposit and withdrawal with Expert Option:

  • Minimum deposit requirement of $50
  • No hidden fees
  • No fee on commisions

Support And Service Of Expert Option

The customer support of Expert Option operates 24 hours a day, 7 days a week. The customer representatives are nice, professional, and are approachable. Expert Option claims to provide the best customer service through phone, email, and chat support. The brand also offers free educational materials that can help traders in their trading journey. These include which include glossary, articles, and explanations about technical analysis, graphical analysis, fundamental analysis, the psychology of trading, and trading strategies.

The customer support is available in several languages, namely: English, Chinese (2 variations), Thai, Hindi, Korean, Portuguese, Vietnamese, Arabic, Turkish, Indonesian, Malaysian, Spanish, Polish, and Filipino. Phone support is only available in 2 languages: English and Hindi. But all of these 15 languages are available for the web version of the ExpertOption platform.

Language:Telephone Number and Email:
English+44 20 3868 3160 and english@expertoption.com
Hindi000 800 443 0002 and hindi@expertoption.com
customer support details

Facts about Expert Option Support:

  • Phone, email, and chat support
  • 24/7 customer support
  • Support available in 15 languages
  • Helpful and reliable customer support
  • Offers free helpful and educational materials

Accepted And Forbidden Countries By Expert Option

Expert Option is a global broker, however, there are countries that are unable to avail of its products and services. Citizens and residents of the USA, Canada, the European Economic Area, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Bangladesh, Vanuatu, Yemen, and Sudan are not able to avail Expert Option’s products and services. It is because of regulations and legal reasons. The brand mostly focuses on digital options that have a binary outcome, thus making these countries unable to use Expert Option as a broker because they have boundaries with regard to trading binary options.

Conclusion

Expert Option is definitely a legit broker and has over 100 tradeable assets available. This broker has its own custom-developed platform. Plus it is available in all types of devices, including mobile trading. Expert Option claims to be a transparent broker who commits to providing transparent experience to its traders. This claim has been proven by several facts, including providing accurate quotes and many more. We can say that this broker is worth the trust and is definitely reliable.

Advantages:

  • Transparent broker
  • User-friendly and powerful platform
  • 24/7 customer support
  • Over 90% yield is available
  • Support available in 15 languages
  • Offers free educational materials
  • Offers fast trading execution
  • Over 100 tradeable assets available
  • Reliable, secure, and regulated broker

Disadvantages:

  • Only short-term trading

Most asked questions:

Is Expert Option legit?

Yes – Expert Option is legit and accepted in many countries. It is a regulated and safe trading platform for investments. You can start investing with small amounts of money like $ 1 in one trade. The broker gives you the chance to make money out of investments in the rising of falling prices of the financial markets.

What is the minimum deposit in Expert Option?

The minimum deposit of Expert Option is $ 50. You can use more than 10 different payment methods for this. Also, it is possible to deposit more than $ 50.

Can you make money on Expert Option?

Yes – You can make money on Expert Option by making the right forecast of the price movement of an asset. The platform gives you a high yield if you make the right forecast. It can be up to 90%. But be aware of the possible loss of your investment. You can lose the investment amount if you doing the wrong forecast. You will need a successful trading strategy for the financial markets in order to make a profit.

Can I test Expert Option for free?

Yes – Expert Option offers a free demo account without registration. This is an account with virtual money. You have no risk by investing in the platform. It is “play-money” to learn the trading process or try out new strategies. It simulates real money trading.

One Response

  1. Andre Witzel September 19, 2020

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