ExpertOption Review

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Expert Option Review: Complete Beginners Guide

In this Expert Option Review, we will take a look at a broker that offers clients the chance to invest in instruments such as digital options.

The broker offers traders the chance to trade over 100 different assets including a range of different cryptocurrencies. They have been around since 2020 and have a wide range of opinions online.

The key question is whether Expert Option is safe and can it be trusted?

In this comprehensive review of Expert Option we will go over everything that you need to know about the broker. We will dig into their history, regulations, customer service and fees.

Overview

Expert Option was started in 2020 and is owned and operated by Expert Option Ltd.

The company is based in Saint Vincent and the Grenadines. There office location is 1510, Kingston, Suite 305, Griffith corporate centre. If you wanted to find more information Expert Option then you can look up their company number with registration number 22863.

Expert option also has a company that will process the payments for the brand and that is Vestede Limited (company no 116061). They are based in Gibraltar.

The company offers Digital Options instruments on numerous different assets. Digital Options are essentially options that will have a binary outcome on expiry.

What really stands out for expert option is that they have developed their own trading engine and platform. This is contrary to the usual practice where brokers would outsource their platforms to an external technology provider.

Is Expert Option Safe?

This is perhaps one of the most relevant questions when it comes to choosing a broker and completing a review. There have been too many examples of brokers in this industry that have operated in a less than stellar manner.

There were some concerns online about Expert Option given that the company was registered in St Vincent. We asked Expert Option about the reasons for this and they stated that it was for tax efficiency reasons. Whether this is the only reason for it, we cannot tell. However, there are many exchanges and brokers that have made similar choices.

For example, some of the largest cryptocurrency exchanges operate in offshore locations. The Binance crypto exchange is registered in Malta whereas exchanges like BitFinex, which is one of the biggest, is registered in Luxembourg.

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One of the most important factors that you need to consider when you are about to trade with a broker is their regulations. What jurisdictions are they registered in and what client protections are there?

In the case of Expert Option, they are certified by the Financial Market Relations Regulation Center. This is a non-governmental voluntary oversight body that is located in Russia. You can view their licence certificate over here.

They are also regulated by the Vanuatu Financial Service Commission. This is a relatively new regulator that has started offering financial service licences to offshore companies. You can read more about their client protections on this website.

We could not find the Vanuatu licence number on their website or independently verify their registration there.

Another really important factor when you are considering a broker is whether the information that you send them is secure. Encrypted communication is now the standard among brokers and financial websites.

Why is this important?

Well, given the prevalence of sophisticated hackers these days sending information such as credit card details and personal documents is really risky. That is why you have to make sure that the broker uses the latest standards in SSL encryption.

Expert Option is SSL encrypted and you can see this by observing the green padlock in the browser window. This means that all of the information that you send to Expert Option’s servers is encrypted using AES 256 encryption.

It is very important that when you are visiting Expert Option’s website that you see this green padlock on the site to make sure that you are not falling victim to a phishing attack.

Expert Option Assets

As mentioned, Expert Option has a range of different assets that you can trade options on. These range from the more traditional asset classes such as Forex, Equities and Commodities, to the new and exciting cryptocurrency field.

With Fiat currency trading pairs, you have all of the major crosses including AUD, USD, GBP, NZD, CAD, EUR and CHF. With equity instruments you have some of the most interesting companies such as Amazon, Baidu, Coca-Cola and Tesla. There are three commodities that you can trade and they are Gold, Silver and Oil.

On the digital currency side it seems as if Expert Option has gone all in. In fact, they have more cryptocurrency pairs than they have of all other assets. Below are all the crypto pairs that they provide on their platform.

Tradable Instruments

As mentioned, Expert Option is a Digital Option platform. This means that the tradable instruments are derivatives that get their value from the underlying asset price.

Digital Options work in a similar way to traditional options in that they have an asymmetric pay-out. This means that unlike CFDs and Futures, your gain / loss is capped by a predetermined amount.

Options, unlike futures, give the holder the right but not the obligation to buy or sell an asset at some predetermined price in the future. If you enter a CALL option you are going long the underlying asset and if you enter a PUT option you are shorting the underlying price.

With a Digital option, your pay-out is either set to some percentage of your invested capital or it is set to 0. In terms of the pay-out rates at Expert Option, they vary. They range from 70% to 90%.

There are also two expiry times at expert option. They are 1 minute and 2 minute expiries. We would have liked to have seen a slightly longer option expiries such as 1 hour or daily options.

However, if you are a day trader who likes to embark on scalping tactics then shorter expiry times could be to your liking.

Jurisdictions & Languages

Expert Option is restricted in certain jurisdictions and are not open to investors from the following countries: USA, Canada, European Economic Area, Switzerland, Israel, New Zealand, Australia, Japan, North Korea, Puerto Rico, Sudan.

This is probably related to the individual regulations in those states that do not allow offshore brokers such as Expert Option Ltd to solicit clients.

For those regions that Expert Option operates, they have translated their website and platform into a number of different languages. These are given in the image on the right.

In terms of telephone support, this is only available in English, Thai and Hindi.

Expert Option Demo Account

At expert option, you can trade on a demo account with $10,000 of demo money. An Expert Option demo account is a great way for the trader to get a better sense of how the platform works and whether they could indeed see themselves using it. It is also something that not many cryptocurrency exchanges will offer their traders.

What we really liked about the Expert Option demo account is that there are no obligations on the side of the trader. You do not even have to sign up and you can practice trading in demo anonymously on Expert Option to your heart’s content.

This is a stark departure from older Digital option brands that have used the demo account as a way to drag the clients in by manipulating them to hand over more funds. The Expert Option demo account also has all of the same pricing that you will find on the live account below.

Live Accounts

Something that we have not seen that often in the CFD broker and Cryptocurrency exchange space is the range of different account types that are offered by Expert Option.

Sure, at some cryptocurrency exchanges you will have tiered account levels but these are merely determined by how much you are willing to verify yourself on the exchange. At expert option, the tiered accounts are determined by how much you invest.

Here are the benefits that are supposed to come with the account options that they provide.

Basic Silver Gold Platinum Exclusive
Personal Manager Introduction Introduction Account Manager Senior Account Manager
Educational Materials Yes Yes Yes Yes Yes
Market Reviews & Research Yes Yes Yes Yes
Priority Withdrawal Yes Yes Yes
Access to Strategies Yes
Max No Deals Open 10 15 30 No Limit No Limit
Max Deal Amount $25 $250 $1,000 $2,000 $5,000
Increased Profit 0 0 up to 2% up to 4% up to 6%

What does this mean for you?

Well clearly as is shown those accounts that have more money in them will have more benefits. However, we would suggest starting small. This is because you need to make sure that you need to make sure you are completely comfortable with the broker before you will commit such a large tranche of funds.

Moreover, you may want to consider against the bonus options that may be presented to you. This is because bonus terms are known to be incredibly onerous and have turnover requirements that are almost impossible to reach.

Hence, even though the prospect of “free money” sounds great, you have to realise that it is far from free and comes with terms and conditions that can restrict withdrawal.

Funding / Withdrawal

There are a few ways in which you can fund your expert option account. No doubt the easiest way that clients will opt for is to use a credit or debit card. In terms of the card types that they accept, it is Visa, MasterCard and UnionPay.

The minimum deposit at Expert Option is the $50 that they have on their first level account. They also have a maximum deposit size of $3,000. This is probably to do with the payment processor limits imposed on them.

There are also various electronic money funding options should you prefer that. They accept payments via Neteller, Skrill, WebMoney, Qiwi Wallet, Yandex Money and Payweb.

If you want to withdraw money from your account, then the minimum withdrawal amount is $10. This is probably because of the fees involved in the withdrawal.

If you are withdrawing funds then Expert Option can only withdraw it into the same account that you funded with. This is in order to avoid concerns of money laundering.

Customer Support & KYC

This is obviously a really important consideration for brokers and exchanges. There is nothing that is more frustrating than having to wait for days to get customer support.

Expert option claims that they have 24/7 customer support. You can reach these support agents directly from the trading platform. When we tried to reach out to the support team it took about 10 minutes to receive a response which is not too bad. You can also reach them on their dedicated support email at [email protected]

There are also numbers that you can call for their local offices. This is helpful for those traders that would like to speak to someone. Here are the local numbers

  • UK (English): Number: +44 20 3868 3160, email: [email protected], available 24/7
  • India (Hindi): Number: 000 800 443 0002, email: [email protected], available 10:30 – 19:30 (India time)
  • Thailand (Thai): Number: +66 6000 35 407, email: [email protected], available 10:30 – 19:30 (Thailand time)

In terms of KYC, Expert Option is required to complete a number of steps to make sure that you are who you say you are. This is the standard protocol in today’s markets to avoid the risks of Money Laundering and fraud.

When you fund your account at Expert Option they will usually ask for a proof of identity as well as a proof of address. They should take a day or two to verify these documents.

Expert Option Platform

One of the most interesting parts of the Expert Option package has to be their trading platform. As mentioned, this platform was built in house and is hence unique among the other option and CFD platforms.

The web-based platform seems to be well designed with numerous tools at the trader’s disposal. Everything that is related to your account administration is on the left of your screen. Here you can fund your account, monitor your past trades or make use of their extensive educational material.

In the middle you will have all your charts and markets. You can choose a layout that works best for you and you can split the chart among more than one asset. This is beneficial for those traders who like to trade more than one market at a time. As you can see below, we are monitoring both Gold and EUR/USD.

Web Based Platform of Expert Option

If you are one of those traders that likes to run technical analysis then you can use the charting tools and indicators that Expert Option has. While these can be useful, they are fairly rudimentary for a charting package.

For example, you have some drawing and mapping capability where you can sketch out your trendlines and entry points. You can also switch from the standard area chart for a more specific line, bar or candle chart.

Taking a look at the indicators, they give you a list of 8 different indicators that you can use. You have your basic Moving Averages, Bollinger Bands, RSIs, MACDs etc. The customization options around these indicators is relatively simple with only one or two different inputs.

If you wanted to get a bit more of a perspective on the market trends then you can open up that tab to the right of the chart. This gives you an idea of which assets are trending the most and in which direction they are heading. You can also adjust the time frame if you wanted to use this as part of your analysis of the option expiry.

The order functionality at Expert Option is rather basic. It appears to be a simple buy / sell order with the only parameters that you can adjust being the amount invested on the trade as well as the strike rate.

Pro Tip: When you adjust the strike rate, you are also adjusting the odds and payouts. If you have a particularly strong view on the direction then you can adjust the payout based on that.

Social trading is an interesting piece of functionality that Expert Option have included on their platform. This allows you to see where the other traders are placing their trades and what strategies they are employing.

For example, you can see things such as the deals that were entered into, the prices that were locked in as well as the profits and losses of the individual traders. Not only is this a great way for you to follow those traders that are profitable but it also gives you a good sense of where market sentiment is going.

You can view social trading in two ways. Firstly, you can head on over to the social trading tab. This is the image on the right below and it will give you a snapshot of the current traders on Expert Option. Here you can see the general (up or down) as well as the leader boards of those traders that have done well.

Social Trading Functionality at Expert Option

You also can view all of the trades that were placed by others on the chart itself. Here you can see in real time which way they have positioned themselves. We found all of the social trading tabs on the chart a bit distracting but it could work for you.

This is another feature that Expert Option has included that could help to inform your trading. The analytics section is more for those traders who would like to have some fundamental analysis on particular assets and markets.

For example, the first section is a collection of videos that will take you through the latest market movements and news over the past week. We were quite impressed with these videos as they were well presented and had useful visuals and charts to support the data.

Another handy tab in the analytics section is the part that gives you an overview of the financial exchanges and what their trading hours are. This is more relevant for those traders that want to trade equities during the live market hours.

Expert Option PC Client

While the web-based platform is great for convenience sake, the most optimal trading experience comes from the PC clients. This is because you will be using your PC to trade instead of your web browser. This is naturally more efficient as we found the web interface to be quite resource heavy on the browser.

Moreover, if you are looking for the quickest execution then the desktop client is a better choice. This is because your orders are being sent directly from your PC to the Expert Option servers. When you place your orders on your web browser then they have to first pass through the website architecture.

The desktop client is available for download on Microsoft windows as well as Mac OS. Once you have downloaded the programs and loaded them, you will be asked for your Expert Option login credentials.

Expert Option App

For those traders who are always on the go, Expert Option also has a mobile app that is available for download on both iOS and Google Play.

The app is really well laid out and it is clear they spent a great deal of money developing it. They have tried to get as much functionality into the app that they can. Compared to some of the other apps that we have seen, this one seems to have many more features.

Indeed, if we take a look at some of the ratings of the app in both stores, the majority of the feedback is positive. In the few cases that there are negative reviews or bad experiences, the Expert Option customer support staff seem to be quick to respond.

So, should you use the mobile app?

Well, it really depends what sort of trading experience you are after. Although the app is quite advanced compared to its peers, it still lacks much of the functionality that you will have on the desktop client and the web-based interface.

Moreover, mobile trading will have to rely on mobile connectivity which can sometimes be pretty slow. This can be frustrating when you are trying to open / close trades and the mobile data falls away for a few seconds.

With that being said, the mobile app is more suitable for beginner traders who are looking for an easy and convenient way to trade the markets.

Education

This is another place where we think Expert Option tends to stand out. They have quite extensive educational material for traders.

This is accessible either through the platform in the “education” tab or on the homepage in the footer. If you are to navigate to the education tab you will see the numerous topics that they cover. These include the following:

  • Fundamental Analysis
  • Technical Analysis
  • Graphical Analysis
  • Psychology of Trading
  • Trading Strategies
  • Glossary of Terms

There are also a range of videos that they have for the traders. These are helpful for those new traders that need guidance on how to make the most of the platform. These are all in the “How to get started” tab.

Reputation

Compared to all the other Option brands, it seems that Expert Option has a relatively clean online reputation. However, we did notice that there were a few issues raised with the location of the company. Some traders were uncomfortable with the St Vincent registration.

There were of course quite a few clients who took issue with the bonuses that they had accepted. As we had stated above, Bonuses come with onerous terms and conditions and these clients probably did not read them or were not aware of them.

There were also one or two complaints about the pay-out ratio being adjusted for those clients that had a strong trading record. Of course, this could be hard to verify as the reviewer did not leave evidence of the claim.

Lastly, there were a few complaints that traders had about withdrawal requirements. They were claiming that Expert Option was not authorising their requests. However, upon examination it seems that they had not properly authenticated their accounts.

What We Didn’t Like

While the Expert Option platform is highly efficient and there is a plethora of resources that are available to the trader, there were a few things that we thought warranted improvement.

Firstly, we have to take issue with their regulatory licence. While it is not meant as a slight against the Vanuatu regulators, a licence in Europe is much more secure. If Expert Option wants to gain the full trust of their European clients then they should aim to get regulated in the EU or an equivalent.

Moreover, if Expert Option was able to get a European licence then they could take clients from the continent. This would serve them well as it could increase their user base.

On the platform side, we would have preferred it if they had more options in terms of expiry times. Some clients prefer not to trade with such short expiry times and this is especially true for those clients who do not use technical analysis for their trading.

Lastly, we would have liked to have seen some cryptocurrency funding options. They do, after all, offer a range of different cryptocurrency assets to trade so it is only logical that they would offer funding options as well.

There are also numerous other brokers which offer this option as it allows them to administer the accounts anonymously, it reduces the fees and it is quick and effective. Perhaps Expert Option will include this at a later date.

EO.finance

Something else that you may realise is that Expert Option is linked to EO.finance. This is a separate service that is also available to traders from the platform. Essentially, it is a cryptocurrency wallet and exchange service.

You can exchange both cryptocurrency and fiat on the platform. If you wanted to buy in fiat then you have a range of options including through the use of a credit / debit card. Hence, if you were looking for a mere exchange than a trading experience, it could be for you.

There is also a pretty large selection of coins that you can buy with this wallet. They make a market in over 40 different cryptocurrency assets. This is advantageous for those traders who were looking for a “fiat” gateway where they could easily buy and sell some of these smaller cap altcoins with their fiat currency.

EO.finance is based in Estonia and they have a European licence. You can see their Estonian Financial Intelligence licences here and here.

The Crypto Wallet

Once you have purchased your coins you can also make use of the EO.finance wallet provided. This is available in a number of different forms. For example, it can be used as a mobile wallet on an Apple device or on an Android.

You can also use the wallet online through either the web version or through the browser plugin. The browser plugin is currently available on Firefox and Chrome. We would suggest that you use the plugins and apps over the web-based wallet. Your risk of loss through a website is much more pronounced than it is locally on a device.

The wallet also includes the company’s proprietary coin (the EO Coin). This can be considered as their own version of the Binance coin or the KuCoin offered on other exchanges. When you complete your transactions with their EO coin then you will get 50% off of the fees related to said transactions.

Conclusion

As we have shown in this Expert Option review, the broker is no doubt a great option for traders who want advanced trading software as well as extensive education.

They will also appreciate the range of different accounts that they can open with varying levels of support and trading functionality. It also helps the trader who is new to make use of the completely free and anonymous demo account.

We also liked the fact that there was responsive customer service that dealt with all of our queries promptly. Those in other countries will find it useful that they have translated the website into a number of different languages and have customer support available in three.

As mentioned, there were a few places that we thought Expert Option could improve. These mostly related to their regulations, platform and funding options. We hope that Expert Option could take this into consideration.

Moreover, our review has found that although Expert Option operates in an industry that has faced a great deal of issues in the past, they appear to be completely above board and have a relatively clean reputation.

So, is Expert Option the broker for you?

We would encourage you to do your own research. But if you are interested in a strong platform with numerous cryptocurrency assets and you are in a country that Expert Option operates in, then may indeed be a solution.

Expert Option Review 2020

Founded in 2020, Expert Option was a part of a big wave of new online trading brokers. As such, they faced huge competition and had to invest a lot of effort to become a recognizable brand. Fortunately, the company’s management knew how to approach traders and today later Expert Option is looking better than ever, as they have evolved and expanded their offer quite a bit. To find out what the secret of their success is, we decided to examine their offer with some help from our team of trading experts and the result is this Expert Option Review. It contains everything you need to know about the way this company conducts its business. Read it and get to know this interesting broker.

Expert Option Platform

A trading platform is at the core of every broker’s website, so it somehow seems logical to start our ExpertOption Review with the place where all the action happens. Right from the start, there’s a surprise here because this company uses its own software to power its trading platform and provide all trading services on it. But don’t think for a second that this software is not good enough – quite the contrary, it performs all its tasks quickly and without any mistakes. This alone can tell you a lot about the quality of ExpertOption as a whole, but let’s dig deeper.

These days the company offers a variety of online trading choices, starting with fixed time trades. Their online trading platform is a pleasure to use, and all prices are perfectly accurate, but what is particularly impressive here is the fact that you can earn up to 95% on a single trade. You can also copy deals from other traders, and there is a strong social trading component to this platform (more on that later in the text).

ExpertOption Trading Platform

To top everything off, you can easily see this platform in action without ever needing to register. Just click on the ExpertOption Demo Account button on the broker’s website and you will instantly receive some virtual money and be taken to the demo platform. But our Expert Option Review is just getting started, so don’t go away.

Expert Option App

Apart from the desktop platforms, you can also easily trade on the go with this broker. All you need to do is download your ExpertOption app and you’ll be all set. There is a version for both Android and iOS devices, so you should have no problems getting started.
Once you have your Expert Option app (which is completely free, by the way) on your smartphone, you will be able to do practically everything you can do on the desktop platform. Of course, the design is adjusted to the smaller screen of your device, but apart from that everything is the same. All tools, indicators, assets, charts and everything else you may need is there to ensure fast online trading at any moment.

Naturally, you can also use your demo account, manage your funds, contact the support team and do everything else you’d be able to do if you were trading from your computer on their online trading platform.
The proofs of the quality ExpertOption app brings to the table are undeniable. Not only is this the number one trading app in almost 50 countries, but it has also been downloaded more than one million times. These are some really extremely impressive numbers for an app, not to mention that the comments and reviews are overwhelmingly positive. Now that we’ve sorted that out, we can move on with our Expert Option review to other important topics. As a matter of fact, this next set of features will blow you away. Stay tuned!

Expert Option Assets

Like we said, no matter whether you’re using the app or the desktop platform, you will have access to everything this broker offers. So, let’s take a look at what you can trade here and how you can do it.
Over 100 assets are available for trading on the market, from currencies and stocks to commodities. Even ExpertOption cryptocurrencies are a part of the line-up. As a matter of fact, cryptocurrencies are among the most prominent trading instruments here. 12 separate coins can be invested in, from Bitcoin and Ethereum to the likes of Monero, Ethereum Classic and even bitGold, but that’s not all, albeit it is quite an impressive array of virtual currencies.

Trading ExpertOption cryptocurrencies also means you can invest in various pairs like BTC/CNY or BTC/THB, which certainly spices things up a little. Hopefully, we will see more things like these added soon, especially since this broker is constantly updating its offer to keep up with all the market developments we see these days. But no matter what type of instruments you’re interested in, you should be able to find it here. Another good example of how things should be done is in the next paragraph of this Expert Option Review, so do go on and read it – it’s about a quite different form of trading.

Expert Option social trading

If all those trading features we described in the last few paragraphs are still not enough for you, then you’ll be very happy to know that there is another way of doing things. Yes, you can engage in ExpertOption social trading, thanks to a great online social trading platform this website offers. You can add friends and join forces with them, or simply follow successful traders and see what they’re investing in, the choice is up to you. Of course, if you’re really impressed with how a trader is doing, simply copy their trades and, consequently, profits.
This is all very easy to do because ExpertOption social trading allows you to keep track of the lists of the most successful traders, so you can easily find somebody who knows what they’re doing. You can also see which country a trader is from, so lists can be formed for each and every one of them. This brings a competitive note into the mix because you can climb the ranks and eventually become the best trader in your country (and beyond). With over 8 million clients in about 150 countries, there will be a lot of competition, though. But the bottom line is that ExpertOption social trading is everything you’d expect and that it works flawlessly. Our review continues.

Expert Option Deposit

Obviously, when examining a broker like this, you always have to check the transfer methods and financial requirements. This is where the next surprise is waiting for you because ExpertOption Minimum Deposit is set to only $10. Plenty of transfer methods are available, too: Visa, MasterCard, e-wallets (depending on your location) and cryptocurrencies can all be used for both withdrawing and depositing money. We should also mention that you only have to invest $1 to open a trade here. With ExpertOption, you have maximum flexibility when it comes to selecting an appropriate trading strategy. In addition, we must also mention that we never experienced any problems with our money transfers, but that was to be expected since this company is fully regulated in Saint Vincent and the Grenadines. You can read more about that and other security features in our ExpertOption Scam Test 2020, although we can assure you that you have nothing to worry about here.

Expert Option Withdrawal

Given that we have a separate article on the deposit process, we will say a thing or two about Expert Option withdrawal. Apart from it being very dependable, we simply have to say that the minimum Expert Option withdrawal requirement is set to just 10 dollars. That is a ridiculously low number which ties in nicely to the minimum deposit limit, so the company is quite willing to accept more casual traders. On top of that, there are no withdrawal fees and your request will always be processed within two days. That’s it for this part of Expert Option Review, let’s move on.

Expert Option Bonus

When it comes to the financial side of trading here, you’ll love the fact that there is also an Expert Option Bonus to consider when you’re making your first deposit. The broker will match the funds you deposit, effectively doubling your account balance. On top of that, accepting the bonus doesn’t mean that you’re not able to withdraw any funds until you meet a certain requirement. Quite the contrary, you are free to withdraw when you want, which is something we appreciate very much.
Do keep in mind, however, that the bonus funds cannot be withdrawn themselves, and that they only come into play once your real-money balance is depleted. Expert Option bonus is therefore designed as a sort of a safety net if things aren’t going your way. That’s certainly a nice touch, but there is more to consider than just the bonus when making a deposit. The more you deposit, the more options you’ll have because you will have a bigger account package. Learn all about that in the next paragraph.

Expert Option Accounts

The next part of our article will deal with the account packages you are offered by the broker. There are six ExpertOption Account Types in total (Micro, Mini, Silver, Gold, Platinum and Exclusive), all very well equipped. Some provide daily market research, some increase the number trades you can have open and some increase your profit, but all packages give you great value for your money, especially because the deposits needed to open them are not high at all. The article mentioned at the beginning of this paragraph has much more information about the accounts’ features, but the bottom line is that no matter which type you choose, you will be more than ready for fast online trading, fixed market trades, and everything else platform has to offer. So far, this Expert Option Review is turning out to be a very pleasant surprise, but let’s see what else we can find.

ExpertOption Account Types

Expert Option Security

Like we already said, this broker is regulated in Saint Vincent and the Grenadines, which can immediately tell you that you can rely on them to fulfill their end of the deal. However, when you scratch under the surface and realize just how far these people went to make sure nothing happens to you and your funds, you will be very impressed. They use MasterCard SecureCode and are verified by Visa, so the credit cards will work absolutely flawlessly, there’s no doubt about that. On top of that, they also have a DigiCert certificate, meaning they were thoroughly examined and tested by an independent third party and found to be perfectly reliable. This level of security is very hard to find anywhere else in the industry, so we believe these facts had to be mentioned in an Expert Option Review like this one. However, we’re not done yet! There are more pleasant surprises, so read on.

An excellent support team

It’s very nice to know that you can trade with this broker from whichever platform suits you best. Web, Windows, Android, iOS and MacOS applications are all available, so you really shouldn’t have any problems accessing your account and opening a trade or two wherever you are. The website is available in 15 different languages (English, Russian, Hindu, Thai, Chinese, and several others), so most of the world is covered. If you have any problems or questions, you can easily get all the answers via live chat, but there is also a possibility of contacting the broker via Skype if you so desire. Of course, you can always send an e-mail and even the broker’s phone can be found on their website. In any case, the people working here are excellent and will respond to your inquiries quickly and with a very professional but friendly attitude. All in all, it’s pretty obvious that the company takes trading very seriously and will do its best to help its clients, so a serious Expert Option Review simply had to dedicate some room to the quality of the support on this website.

Here’s how to contact them other than via live chat:
English
– phone: +44 20 3868 3160
– email: [email protected]

Hindi:
– phone: 000 800 443 0002
– email: [email protected]

ExpertOption Ltd. – 305, Griffith Corporate Centre, Beachmont, 1510, Kingstown, Saint Vincent and the Grenadines. Registration Number 22863 IBC 2020

Expert Option Education

Another excellent example of the truth of that last sentence is the amount of education materials you can get here. Avery detailed education center is here for you to enjoy, with six very interesting units at your disposal – three types of analyses, a glossary, trading strategies and psychology of trading. This latter unit is particularly interesting, as not too many brokers put an emphasis on that in their educational programs. Fortunately, this company is not like most other brokers and will show you absolutely everything you need to know about behaving on the market. There are several lessons to be learned in each of the units, each containing a fairly interesting (but not too long) text which explains the main principles and ideas behind each of the lessons. When you add this to the low financial requirements, great support and the fact that a completely free account is just a click away, you can clearly see that the company is particularly dedicated to bringing new traders into the fold. Simply, if you’re still looking for experience, knowledge and a way to upgrade your skills without any significant financial risk, you really can’t find much better deals than this. But if you’ve been in the business for a while, give these texts a glance, too. It certainly can’t hurt. However, not all traders can trade here, unfortunately. Our Expert Option Review will show you which countries are not eligible next.

Who can trade here?

As is often the case with companies like this, they do not offer services in all countries in the world, be it due to certain regulations or something else entirely. This broker is at the moment turned primarily to Asia, which becomes pretty apparent when you take a look at the languages offered. As far as we could see, Expert Option is pretty popular in Thailand and India, countries like Turkey also have their fair share of traders in them.
On the other hand, Expert Option is not available in US, Canada, EEA, Australia, Japan, Israel, New Zealand, Sudan, Puerto Rico and Switzerland, primarily due to the laws regarding this type of trading. These rules are getting increasingly tighter over there, especially in Europe, so companies like this one are simply avoiding these markets because they don’t want the hassle of setting everything up which can take a lot of time and other valuable resources. If you’re in Asia, however, Expert Option trading will be an experience to remember. Simply, they have years of experience and are always ready to improve their offer and do everything in their power to make sure you enjoy your every trade. With that, we think we can wrap this Expert Option review up. Stay tuned just a tiny bit more for our final impressions.

Expert Option Review – Conclusion

In conclusion, we can only say that this broker has left quite an impression on us. Low financial requirements, accessible demo account and great trading platform of their own design are the company’s main advantages. However, it’s the little things that made the difference between a very good and an excellent impression; details like numerous languages or insurance for all account types show the broker’s total dedication to its clients. Therefore, we can end our Expert Option Review on a very positive note. If you’re looking for an accessible broker with low financial requirements, for a company that keeps up with all the latest financial trends (just think of the cryptocurrencies), just open an account here!

ExpertOption Review 2020 | A Beginners Guide to Profitable Trading

What is ExpertOption ?

ExpertOption is a financial service provider that deals in global binary options trading.

Although a new entrant into the market, ExpertOption is blazing a trail with its wide array of impressive financial dealings.

When Was ExpertOption Founded?

ExpertOption was founded in 2020 by Expert Option Ltd. Unlike other brokers, ExpertOption has a tested and trusted platform that is built on fast, reliable and secured technology. This is not the usual practice in the industry.

Other brokers do not build or develop trading platforms by themselves, they outsource this function to a 3 rd party outlet.

Opening a trade in the ExpertOption platform requires predicting the binary outcome of a digital option instrument.

You will make profits when your prediction is right. Even if it is just by a small margin.

To improve your margin of profit though, you must have knowledge of how trading systems work.

Start Trading with a demo account. Register with your Email address, Facebook or Google.

How safe is it to trade on the ExpertOption platform?

This is one of the most common questions asked by investors when they are on the verge of choosing a broker.

Quite a number of investors have reservations making ExpertOption their preferred broker and the reason is not far fetched.

The company has its headquarters in St Vincent, a country not known for its strong involvement in business or international trade. It also has another office in India.

ExpertOption is duly regulated by the VFSC government financial commission where it holds the registration number 22863 IBC 2020.

They are also regulated by the Financial Market Relations Regulations Centre or FMRRC organization.

Expert Option Scam | Is it safe to trade with Expert Option?

It is safe to trade with ExpertOption in India and in all other countries – globally. Including Kenya, Nigeria, Pakistan, South Africa, Ghana…

Key Features in Expert Option.

  • Expert Option has easy to access educational materials which beginning, intermediate and advanced traders alike can use to learn how to trade.
  • You can use advanced technical tools in expert option to trade professionally. Other tools available on the platform include: – trend-lines, three chart types, and so many built-in indicators.
  • Expert Option has a social trading feature which allows traders to see and copy other advanced traders. Technically, social trading will help you make profits in Expert Option even if you don’t know what you are doing. Just copy others.
  • Trade on more than 100 instruments spread across 5 different assets: – including stocks, currencies, crypto and commodities.

Does ExpertOption operate in every country?

Expert option operates in almost all the countries globally.

Except in Switzerland, USA, Australia, Bangladesh, New Zealand, Canada, Sudan, North Korea, Puerto Rico, Israel, and several other European countries.

It does not operate in these countries because it does not have an express permission from the government to operate. Hence, the platform may not work for you.

How do I make a deposit into my ExpertOption account?

There are different ways to fund your ExpertOption account.

You can deposit money to your account using a credit or debit card.

Payments can also be done via Skrill , Neteller, Orangepay, and other electronic payment platforms.

How to Deposit Money to ExpertOption Via Visa/MasterCard.

  1. Login to your ExpertOption account. Or register for a new account if you don’t already have one.
  2. Click on the deposit button on the top right corner of your trading platform.
  3. Choose Visa/MasterCard as your preferred payment option.
  4. Enter the amount you wish to deposit.
  5. Check the terms and conditions box then click continue.
  6. Enter your VISA/MasterCard details then click pay to complete the transaction.

How to deposit Money to ExpertOption Via Skrill.

  1. Login to your ExpertOption Account. Or create a new account if you are not registered.
  2. Click on the finances tab on the left sidebar of your trading platform.
  3. Choose Skrill as your preferred payment option.
  4. Enter the amount you wish to deposit.
  5. Check the terms and conditions button and click continue.
  6. Login to your Skrill account to transfer the money.

How to Deposit Money to ExpertOption Via Perfect Money.

  1. Login to your ExpertOption account. Or create a new account if you are not registered.
  2. Click on the deposit tab on the top right corner of your trading platform.
  3. Choose Perfect Money as your preferred deposit option.
  4. Enter the amount you wish to deposit.
  5. Check the terms and conditions button and click continue.
  6. Click on the make payment button on the perfect money page.
  7. Enter your member ID and password.
  8. Type the Turing number then click on the preview payment button.
  9. Enter the pin sent to your email to complete the transaction.

Expert Option has 5 different trading accounts. Different deposit amounts activate different account types. The minimum deposit amount in Expert Option in $50.

How to Trade in ExpertOption.

  1. Login to your Trading account. Or create a new account if you are not registered.
  2. Chose an asset to trade as shown in the image below.
  3. Enter the amount to trade as shown in step two. The minimum trading amount in Expert Option is $1.
  4. Pick a direction for your trade by clicking either the green or the red button in step 3. Clicking the green button is a prediction that the value of the asset you are trading will increase in price.

On the other hand, clicking on the red button is an indication that the asset price will decrease in price.

your earnings will be credited into your trading account.

Which Trading Strategies can I use to Win More in ExpertOption?

Use the Martingale Trading Strategy.

With this strategy, you are required to invest a specific amount – like $10 and wait for the trade time to lapse.

If your forecast is incorrect, double your trading amount – example, if you traded with $10, you should now stake $20 and click on the green button.

If your forecast is incorrect again, try again – this time trade with $40.

Should you win on this, your return will be $72.4 covering all the money that you lost and leaving you with some profits.

Keep repeating this strategy to make profits.

How do I reach out to the Expert Option team?

ExpertOption has a responsive customer support team that’s available 24/7

Contact the platform through these contact details: –

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